Snacks Statistics By Market Revenue And Trends

Introduction

Snacks Statistics: Searching for a snack throughout the day is a very common practice in all age groups. Roughly 2 out of 3 people who are surveyed report craving snacks at least one time in a day. Especially, 34% of the people reported snacking once a day, 25% of the people responded snacking twice a day, and just 14% of the respondents reported snacking more than three times a day. With the introduction of different fast food and street food items, the craze for snacking has also developed rapidly over the past decades.” Stress” may also be a major reason for snacking more than once time in a day. Let us shed more light on the Snacks Statistics and acknowledge the facts and features.

Editor’s Choice

• In the U.S., folks eat protein bars, sweet protein snacks, and savory protein snacks an average of 5.6 times on various occasions, from exercising to relaxing.
• By adding protein and other nutrients, such as fiber and vitamins, to traditional snacks, makers can give people snacks that are both yummy and good for them.
• According to the prediction, the market size will grow at a 9.7% CAGR and be worth $13.1 billion by 2033.
• Even for people who often eat protein snacks, taste is the most important thing. Whey protein is the most liked type of protein among consumers.
• By 2024, it’s estimated that cookies and crackers will earn about $39.69 per person, potato chips will earn about $12.66, and tortilla chips, flips, and pretzels will earn about $22.25 per person.
• In 2022, the total money earned from snacks was $1,173.9 billion.
• By 2022, cookies and crackers earned about $34.93 per person, potato chips earned about $11.42, and tortilla chips, flips, and pretzels earned about $20.32 per person.
• Between 2021 and 2028, the snacks food market is estimated to increase by 6.1% CAGR.
• Convenience and taste are also important factors in snacking. About 21% snack because it’s easy to find snacks, while 20% want salty snacks and 19% want sweet ones.
• By 2025, the worldwide seeds and nuts industry snacks foods are estimated to value $88.7 billion.
• The latest survey not only reveals changes in how often people snack but also why they do it. This year, the main reason for snacking is feeling hungry or thirsty (34%), followed by 25% who see snacks as a treat.

Frequency Of Snacking

The rise in how often people snack, going from 58% to 73% in just one year, can be explained by a few things:

1. Stress: Many Americans are feeling stressed lately, with 56% saying they’ve felt “very” or “somewhat” stressed in the last six months. Stress often makes people eat more, which can lead to snacking more often.
2. Demographics: Millennials and parents of kids under 18 are more likely to snack daily. These groups are usually very busy, so they snack to keep going during the day.
3. COVID-19 Changes: The pandemic changed a lot of things, including how we live and work. Snacking increased because people’s routines changed.
4. Convenience: Snacks are easy to grab and eat, which is great for busy people who need more time for a full meal.
5. Feelings: People often eat when they’re stressed or sad. With all the uncertainty lately, snacking might help people feel better.

Overall, more people are snacking these days because of stress, busy lives, and changes caused by COVID-19. We’ll have to see if this trend continues.

Common Reasons For Snacking

• The latest survey not only reveals changes in how often people snack but also why they do it. This year, the main reason for snacking is feeling hungry or thirsty (34%), followed by 25% who see snacks as a treat.
• Interestingly, compared to last year, more Americans now snack for energy (22% versus 17% in 2021) and out of habit (21% versus 17% in 2021).
• Breaking it down by age, younger people are more likely to snack for energy (25% of Gen Z, 30% of Millennials, and 24% of Gen X, versus 13% of Boomers).
• Parents of kids under 18 are also more likely to snack for energy (26% versus 19% of those without kids under 18). This makes sense since they’re often juggling many responsibilities and need that extra boost.
• Convenience and taste are also important factors in snacking. About 21% snack because it’s easy to find snacks, while 20% want salty snacks and 19% want sweet ones.
• Interestingly, fewer people this year say they snack for sweet treats (19% versus 25% in 2021).
• This might be because more people are trying to cut down on sugar. In a previous survey, eating less sugar was a top New Year’s resolution for 2022 among those who planned to make one.

Snacking Preferences Throughout The Day

• When it comes to snacking, the time of day matters a lot. Most people snack in the afternoons, with 71% grabbing something to eat during that time.
• Mornings are also popular for snacking, with 52% of folks having a snack then.
• 43% of morning snackers choose fruits. Dairy, nutrition bars, Danishes, donuts, pastries, and savory or salty snacks follow closely behind.
• As the day goes on, snacks tend to get more indulgent. In the evening, 40% of people prefer savory or salty snacks.
• Sweeter treats like candy, chocolate, and other goodies, as well as cookies, cake, or ice cream, are also popular choices.
• While fruits and dairy are favored in the morning, fewer people go for them in the evening, with only 33% choosing fruit and 22% opting for dairy.

Snacks Industry Statistics

• The healthy snacks section is estimated to increase at a 5% rate yearly.
• The Latin American snack food industry is estimated to increase by 4.8% CAGR between 2020 and 2025.
• The snack bar industry in the United States witnessed an increase of 5.7% in 2020 compared to previous decades.
• The organic snacks industry is a fast-increasing section with a 7.2% CAGR.
• Salty snacks accounted for almost 30% of the total snack food industry share.
• Till 2024, the worldwide snack food industry is predicted to be valued at $605 billion.
• Minimally and naturally processed snacks experienced a 9.1% CAGR.
• By 2025, the worldwide seeds and nuts industry snacks foods are estimated to value $88.7 billion.

(Source: factmr.com)

• North America has almost 37% of the worldwide snack food market share.
• Chocolate is a rapidly growing section in the worldwide snack food industry.
• The United States accounted for almost 36% of the worldwide savory snacks industry.
• Between 2021 and 2028, the snacks food market is estimated to increase by 6.1% CAGR.
• The meat snacks industry is estimated at almost $9.47 billion in 2021.
• The Asia-Pacific region is predicted to register a rapidly growing rate of 7.5% in the snack industry.
• The United States snack food market is valued at $160 billion.
• 60% of the customers predict snack foods that are less sugar.
• In 2020, the worldwide snack food industry market size was valued at $427.02 billion.

Global Snacks Statistics

• During the pandemic, people worldwide ate more snacks of all kinds. Many folks found comfort, fought boredom, rewarded themselves, boosted their mood, and relaxed with snacks. However, after 2020, the growth in snack sales is expected to slow down.
• Snacks are usually small amounts of food eaten between meals. Some foods, like cookies and crackers, are popular for snacking but aren’t typically eaten at main meals.
• Savory snacks, like potato chips, are a big part of the snack market, worth over $250 billion globally. Potato chips alone, mostly sold in packages, bring in over $35 billion worldwide.

(Source: market.us)

• In the above chart, we can see the Global Snacks Market prediction for 2022 to 2032.

• Snack foods often come from big food companies. For example, Mondelez makes Oreo cookies, which are loved in the U.S. However, Mondelez isn’t as big as other companies.
• Nestlé is the top snack and bakery company, making over $100 billion yearly. PepsiCo, which owns Frito-Lay, the top U.S. seller of chips and snacks, follows Nestlé.
• The U.S. is the largest market for snacks, but savory snacks are growing fast and are expected to continue growing in the Asia-Pacific region.

(Reference: wm-strategy.com)

• The above chart shows the share of industry value by product type in 2019 in percentage form.
• Nuts and seeds are 37%, Potato chips are 26%, and other savory snacks are 37%.
• The snack market worldwide has different types of snacks that add to the total money earned.
• In 2032, the total money earned from snacks is expected to grow to $1,720.7 billion.
• Frozen and refrigerated snacks are expected to earn $481.8 billion, savory snacks $378.6 billion, confectionery snacks $258.1 billion, fruit snacks $189.3 billion, bakery snacks $137.7 billion, and other snacks $275.3 billion.
• These numbers show how the snacks market is growing and changing, with people liking different snacks and buying more of them.

(Source: media.market.us)

• In the above chart, we can see the total snacks market revenue of USD billion between 2022 and 2032.
• In 2022, the total money earned from snacks was $1,173.9 billion.
• Different kinds of snacks made money, too, like frozen and refrigerated snacks at $328.7 billion; savory snacks at $258.3 billion; confectionery snacks at $176.1 billion; fruit snacks at $129.1 billion; bakery snacks at $93.9 billion, and other snacks at $187.8 billion.

Global Snacks Market Avg Revenue Per Capita Statistics

• Over the past decade, the average amount earned per person from snacks has been rising worldwide.
• In 2018, cookies and crackers earned an average of $28.83 per person. Potato chips, tortilla chips, flip, and pretzels earned about $9.76 and $17.75, respectively.
• This continued to increase in 2019, 2020, and 2021, with all three types of snacks making more money per person.
• By 2022, cookies and crackers earned about $34.93 per person, potato chips earned about $11.42, and tortilla chips, flips, and pretzels earned about $20.32 per person.

(Source: media.market.us)

• This trend is expected to continue. By 2024, it’s estimated that cookies and crackers will earn about $39.69 per person, potato chips will earn about $12.66, and tortilla chips, flips, and pretzels will earn about $22.25 per person.
• Looking even further into 2028, these numbers are expected to continue rising to $49.74, $15.20, and $26.60, showing that these snacks are still very popular and making a lot of money.
• This shows that people all over the world love snacks, making the snack industry a profitable business.

2024 Healthy Snacking Trends

Natural and Healthy Snacking

• In the snack world, being natural often means being healthy.
• According to people worldwide, the top things that make a snack healthy include having no additives or preservatives (40%), no artificial ingredients (34%), and using natural ingredients or having a clean label (33%).
• Interestingly, being natural is slightly more important than nutrition claims.
• About 30% of people think that claims like low fat, sugar, and salt make a snack healthy, while another 30% believe that claims about being high in protein, fiber, and vitamins make a snack healthy.
• While nutrition matters a lot, having natural ingredients is crucial for people to see a snack as healthy.

(Reference: media.market.us)

• In the above chart, we can see the demand for healthy snacks and its percentage:

• High Protein

(Source: marketresearch.biz)

• In the above chart, we can see the Protein Snacks Market statistics between 2023 and 2033.
• According to the prediction, the market size will grow at a 9.7% CAGR and be worth $13.1 billion by 2033.
• A big trend these days is the popularity of snacks high in protein.
• In the United States, Europe, and Asia, more people are choosing protein-packed snacks like bars, ready-to-drink shakes, and powdered shakes compared to last year.
• In the U.S., people of all ages are eating more protein-fortified products, but this trend is especially noticeable among those aged 32 to 45.
• This group particularly likes protein pancakes, breakfast cereals, and ready-to-drink shakes, showing how important protein is for feeling satisfied and starting the day off right.
• Consumers think snacks with protein are healthier than regular snacks, so the market for these products is growing. However, there’s still a chance for more growth.
• Our research shows that the main barriers to the growth of protein bars are their price, relevance, and taste.
• Even for people who often eat protein snacks, taste is the most important thing. Whey protein is the most liked type of protein among consumers.

Healthy Indulgence

• When people pick a snack, they often want something tasty and indulgent, even if they’re thinking about eating healthy.
• That’s why, worldwide, many folks choose dairy products like yogurt (69%), dairy milk (63%), and cheese (60%)—they offer both good nutrition and a delicious treat.
• Even though lots of people still enjoy classic indulgent snacks like biscuits, cookies, brownies (66%), chips (64%), and sweets, chocolate (60%), folks in Europe, Asia, and the U.S. say they’re trying to have less of these less healthy options.
• By adding protein and other nutrients, such as fiber and vitamins, to traditional snacks, makers can give people snacks that are both yummy and good for them.
• And for healthy snacks like protein bars, it’s important to make sure they taste great, too.
• In a protein bar, the following flavors are preferred by people in the United States:

Diverse Snacking Occasions

• Today, people snack at many different times for different reasons.
• In the U.S., folks eat protein bars, sweet protein snacks, and savory protein snacks an average of 5.6 times on various occasions, from exercising to relaxing.
• The most popular times for these protein snacks are before or after going to the gym while watching TV or playing video games, and during a break at work or while studying.
• This shows that protein snacks are not just for the gym anymore—they’re chosen for various reasons, like wanting something tasty, getting energy in the morning, or even replacing a meal.
• Why people select a particular snack in the U.S.:

Motivating Features For Consuming Healthy Snacks Statistics

(Reference: media.market.us)

• In the above chart, we can see the motivational features that motivate people to consume healthy snacks.
• It’s interesting to see why people in the U.S. choose healthy snacks. Many do it to feel good about themselves and to take care of their health.
• Some, around 62%, want to stay healthy, and about 58% want to feel good about themselves.
• Nearly half, 47%, want to lose weight, and 45% want to keep the weight they have.
• Others, also at 45%, eat healthy snacks to prevent sickness.
• Some, 37%, eat them to have more energy, and 24% eat them to manage existing health problems.
• Surprisingly, only 12% eat healthy snacks to gain weight. These reasons show how different people’s needs are when it comes to snacks in the U.S.

Conclusion

In summary, the healthy snack industry is growing because more people want nutritious options. They’re choosing snacks that help them stay healthy, manage weight, and are easy to grab on the go. There are lots of healthy choices, like fruits, veggies, low-calorie options, and drinks made with health in mind. People also want snacks that taste good and offer specific health benefits. These changes show that it’s important to offer a variety of tasty and nutritious snacks to keep up with health-conscious consumers today.

Aruna Madrekar

Aruna Madrekar is an editor at Coolest Gadgets, focusing on SEO and content creation. She writes and edits engaging articles, making complex information easy to understand with charts and graphs. Aruna's work on smartphone reviews and app statistics helps Coolest Gadgets reach a wide audience with valuable insights.

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