Global Snacks Market Trends and Insights: Key Drivers, Opportunities, and Forecasts
The global snacks market size is expected to reach USD 922.08 billion in 2030, registering a CAGR of 4.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The growing trend of on-the-go consumption, especially among urban residents and younger people, has greatly boosted market growth. Consumers are drawn to the diverse flavors and varieties of snacks that cater to their different tastes. In addition, the move toward healthier and more convenient snack options has been a significant factor driving market expansion. The rising consumer demand for convenience is a significant driver for the global market. There has been a surge in on-the-go snacking, with consumers seeking portable snack options that fit their busy lifestyles. This trend is expected to continue, contributing to the growth of the global snack market. The increasing focus on healthy and functional ingredients is another crucial factor propelling the market forward. Consumer...