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Kid Snacks Market

Kid Snacks Market By Type (Salty Kid Snacks, Refrigerated or Frozen Kid Snacks, Confectionary Kid Snacks, Bakery Kid Snacks, Vegetable Kid Snacks, Fruit Kid Snacks, Nut Based Kid Snacks), By Source (Organic Kids Snacks, Conventional Kids Snacks), By Distribution Channel (Supermarket / Hypermarket, Online Stores, Specialty Stores, Grocery Stores, Convenience Store), And Region - Global Analysis Of Market Size, Share & Trends For 2021-2022 And Forecasts To 2032

Published on: Dec-2022
Report Code: FG F&B 01312
No. of Pages: 170 - 350
Report Format: PDF

[170+ Pages Research Reports] Kid Snacks Market to surpass USD 133.8 billion by 2032 from USD 61 billion in 2021  at a CAGR of 7.4% throughout the forecast period 2022-32

Product Overview

Kid snacks prevent hunger while supplying ample nourishment for active bodies and healthy growth. Healthy snacks increase nutrients and help kids control their appetite. In case when the kids are not getting enough vitamins in their meals, these snacks might enhance their overall nutrient intake. Snacks can prevent kids from becoming irritable due to hunger. Snacks might help in restrict overeating at meals. Snacks also give finicky eaters of all ages an opportunity to supplement their diets with more nutrients. The ideal snacks are those with less salt, sugar, or fat. The best options include entire grains, fresh fruits and vegetables, low-fat dairy, and protein-rich foods. Treating the kid with nutritious snacks occasionally is fine at times.

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Market Highlights

The Kid Snacks Market is expected to project a notable CAGR of 7.4% in 2032.

Kid Snacks to surpass USD 133.8 billion by 2032 from USD 61 billion in 2021 at a CAGR of 7.4% in the coming years, i.e., 2022-32. The factors contributing to the growth of the Kid Snacks Market include aggressive marketing, flavorful snacks, and organic snack items. Nowadays days, parents are more interested in the health of their kids and are ready to purchase wholesome snack foods. Companies are now more aggressively competing to introduce healthful snacks. Moreover, manufacturers include toys within the snack to appeal to children. The Kid Snacks Market is flourishing across the world due to these factors.

FIGURE  -  Market Analysis of Kid Snacks Market


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Kid Snacks: Segments

The bakery segment is expected to grow with a higher CAGR during 2022-32

Kid Snacks Market is categorized on the basis of Type into Salty Kid Snacks, Refrigerated or Frozen Kid Snacks, Confectionary Kid Snacks, Bakery Kid Snacks, Vegetable Kid Snacks, Fruit Kid Snacks, and Nut Based Kid Snacks. Since bakery segment offers exquisite biscuits, cakes, and chips, the category is the most popular one in the Kid Snacks Market. A sizeable portion of the Kid Snacks Market is anticipated to boost the bakery segment. As customer desire for healthier options rises, bakery segment innovation with strong nutritional claims is popular worldwide.

Online Stores segment is expected to grow with a higher CAGR during 2022-32

Kid Snacks Market is categorized on the basis of Distribution Channel into Supermarket / Hypermarket, Online Stores, Specialty Stores, Grocery Stores, and Convenience Store. The Online Stores segment is predicted to have the highest revenue share in the Kid Snacks Market, followed by grocery and convenience stores.

FIGURE  -  Market Analysis of Global Kid Snacks


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Market Dynamics

Growth Drivers :Growing Number of Healthy Snacks and Increasing Consumption of Snacks by Kids Age Group

Healthy snacks including almonds, yogurt, cookies, and oats are the market leaders in the worldwide Kids Snack Market. These snacks give kids energy and aid with their daily vitamin intake. Since children's eating habits are more oriented toward snacks like almonds, chips, and bars, families with children consume more snacks than other families in developed nations. Exploring the unexplored prospects in the Kid Snacks Market is becoming more important due to this age group's increasing snack consumption. In the past, products were mostly marketed to young people and seniors, but this is now changing. Future market growth is anticipated to be driven by this new trend.

Rising Number of Product Launches and Marketing Strategies to Attract Kids

Players in the market are focusing on introducing appealing packaging for children since they prefer such packaging. In order to capture the interest of children, businesses are also including alluring toys with the munchies, including balls, tattoos, and stickers, and more. Therefore, there is a room for innovation in novel packaging approaches in the product packaging, which is now unexplored.

Restraint: The Growing Use of Disposable Plastics is a Matter of Concern for Government Worldwide

Kid snacks' poor nutritional value is a hindrance to commercial growth. Kids sometimes have a tendency to totally forgo meals in favor of snacks. As a result, few parents are making investments in the Kid Snacks Market. Also, the increased usage of throwaway plastics in the production of kid-friendly snacks has drawn the attention of global government agencies. All of these things are slowing the market's growth for kid snacking.

Recent Developments
  • Conagra Brands Inc. displayed a line-up of snacks and sweets in May 2022 at the Sweets & Snacks Expo. The company is concentrating on providing salty, sweet, and meaty snacks.
  • In order to enhance its manufacture of nutritional bars, Perfect Snacks has teamed with Mondelez International. Together, the businesses are concentrating on providing unique treats.

Kid Snacks Key Players
  • PepsiCo Inc.

Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis

  • Nestle S.A.
  • Procter&Gamble
  • Mondelez International Inc.
  • The Kraft Heinz Company
  • General Mills Inc.
  • Conagra Brands Inc.
  • Calbee Inc.
  • ntersnack
  • Lorenz Snack-World
  • The Kids Food Company Limited
  • Kellogg Co.>
  • Heavenly Tasty Organics LTD>
  • The Hain Celestial Group Inc.
  • NurturMe
  • Other Prominent Players

Kid Snacks: Regions

Kid Snacks Market is segmented based on regional analysis into five major regions: North America, Latin America, Europe, Asia Pacific and the Middle East and Africa. During the forecast period, Asia Pacific's Kid Snacks Market could obtain an inconsistent amount of growth share. Healthy kid snacks are becoming more and more popular across a sizable population, which could bode well for future growth. In Asia Pacific, densely populated nations like China and India are reaping huge profits from the Kid Snacks Market. The market for kid-friendly snacks in North America is projected to expand profitably between 2020 and 2030.


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Impact of Covid-19 on Kid Snacks Market

Due to the arrival of the coronavirus, different governments have enforced lockdowns and travel restrictions. As a result, online retailing activities have increased, and product makers are now compelled to advertise and sell their food products through e-commerce websites while also providing various discounts on these food products.

Kid Snacks is further segmented by region into:
  • North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
  • Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
  • Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
  • Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
  • Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA

Kid Snacks report also contains analysis on: Kid Snacks Segments:
  • By Type> 
    • Salty Kid Snacks
    • Refrigerated or Frozen Kid Snacks
    • Confectionary Kid Snacks
    • Bakery Kid Snacks
    • Vegetable Kid Snacks
    • Fruit Kid Snacks
    • Nut Based Kid Snacks
  • By Source 
    • Organic Kids Snacks
    • Conventional Kids Snacks
  • By Distribution Channel
    • Supermarket / Hypermarket
    • Online Stores
    • Specialty Stores
    • Grocery Stores
    • Convenience Store
  • Kid Snacks Market Dynamics
  • Kid Snacks Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints

Kid Snacks Market Report Scope and Segmentation 

REPORT ATTRIBUTE

DETAILS

Market Size Value in 2021

USD 61 billion

Revenue Forecast in 2032

USD 133.8 billion

Growth Rate

CAGR of 7.4% from 2022 to 2032

Base Year for Estimation

2021

Quantitative Units

Revenue in USD million and CAGR from 2022 to 2032

Report Coverage

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Segments Covered

Type, Source, Distribution Channel, and Region

Regional Scope

North America, Europe, Asia Pacific, Latin America, Middle East & Africa (MEA)

Key Companies Profiled

 

PepsiCo Inc., Nestle S.A., Procter&Gamble, Mondelez International Inc., The Kraft Heinz Company, General Mills Inc., Conagra Brands Inc., Calbee Inc., Intersnack, Lorenz Snack-World, The Kids Food Company Limited, Kellogg Co., Heavenly Tasty Organics LTD, The Hain Celestial Group Inc., NurturMe, and Other Prominent Players.

Frequently Asked Questions (FAQ):

The Kid Snacks Market size was estimated at USD 61 billion in 2021 and is expected to reach USD 133.8 billion in 2032.

Kid snacks prevent hunger while supplying ample nourishment for active bodies and healthy growth. Healthy snacks increase nutrients and help kids control their appetite.

The Bakery Kid Snacks and Online Stores segments accounted for the larger share of the Kid Snacks Market.

Key players in the Kid Snacks Market are PepsiCo Inc., Nestle S.A., Procter&Gamble, Mondelez International Inc., The Kraft Heinz Company, General Mills Inc., Conagra Brands Inc., Calbee Inc., Intersnack, Lorenz Snack-World, The Kids Food Company Limited, Kellogg Co., Heavenly Tasty Organics LTD, The Hain Celestial Group Inc., NurturMe, and Other Prominent Players.

The reasons for the growth of the Kid Snacks Market include aggressive marketing, flavorful snacks, and organic snack items. Also, attractive packaging and innovations in packaging are expected to boost the growth of the market in the coming years.

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