Introduction

Plant-Based Snacks Market was valued at US$ 38.6 Billion in 2024 and is projected to grow at a CAGR of 14.60% to reach US$ 133.2 Billion by 2034.

The plant-based snacks market encompasses a wide range of snacks that are derived from plant-based sources, excluding animal products. These snacks cater to consumers who follow vegetarian, vegan, or flexitarian diets or those who are seeking healthier and sustainable snack options. Plant-based snacks can include items like veggie chips, fruit snacks, nuts, seeds, and snacks made from alternative protein sources like legumes or plant-based proteins.       

Dividing this target market into segments:

Plant-Based Snacks Market is segmented based on Nature, Type, Product Type, Source, Flavor, Packaging, Distribution Channel and Region.

Nature Insight

On the basis of Nature, the target market is segmented into Conventional, and Organic.

Type Insight

On the basis of Type, the target market is segmented into Cookies, Snack Bar, Wafers, and Others.

Product Type Insight

On the basis of Product Type, the target market is segmented into Meat Alternative Snacks, Cereal/Grain Based Snacks, and Others.

Source Insight

On the basis of Source, the target market is segmented into Fruit, Vegetables, Legumes, Cereals, and Tubers.

Flavor Insight

On the basis of Flavor, the target market is segmented into Savory & Sweet Flavor, Herb & Spice Flavor, Chocolate Flavor, and Others.

Packaging Insight

On the basis of Packaging, the target market is segmented into Pouches, Wrappers, Bags, and Tins.

Distribution Channel Insight

On the basis of Distribution Channel, the target market is segmented into Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Small Groceries, Online Retailers, and Others.

Drivers	Restrains
Health and Wellness Trends	Cost Considerations
Rising Vegan and Vegetarian Population	Texture and Taste Challenges
Retail Expansion and Availability
Innovation and Product Development

Regional Insights:

On region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

North America market is estimated to witness a significantly high revenue share over the forecast period due to rising investment and funding. North America has seen a significant surge in the demand for plant-based products, including snacks. This trend is driven by increasing awareness of health and wellness, environmental sustainability concerns, and a growing population of consumers adopting vegetarian, vegan, or flexitarian diets.

Asia Pacific market is estimated to witness a fastest revenue share over the forecast period. Asia-Pacific region has experienced a shift in dietary patterns, with an increasing number of consumers adopting plant-based or flexitarian diets. This shift is influenced by factors such as health consciousness, ethical considerations, and concerns about the environmental impact of food choices

Report Scope:

Attribute	Details
Base year for estimation	2023
Forecast period	2024 – 2034
Market representation	Revenue in USD Billion & CAGR from 2024 to 2034
Market Segmentation	By Nature - Conventional, and Organic By Type - Cookies, Snack Bar, Wafers, and Others By Product Type - Meat Alternative Snacks, Cereal/Grain Based Snacks, and Others By Source - Fruit, Vegetables, Legumes, Cereals, and Tubers By Flavor - Savory & Sweet Flavor, Herb & Spice Flavor, Chocolate Flavor, and Others By Packaging - Pouches, Wrappers, Bags, and Tins By Distribution Channel - Hypermarkets/Supermarkets, Convenience Stores, Specialty Stores, Small Groceries, Online Retailers, and Others
Regional scope	North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa
Report coverage	Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.

Few Other Promising Reports:

• Savory Snacks Market
• Ginger Market

The key players operating the Plant-Based Snacks Market includes, General Mills, Inc., Nestlé S.A, Maple Leaf Foods Inc., The Unilever Group, Blue Diamond Growers, Inc., Louisville Vegan Jerky Company, Eat Natural Ltd., The Real Food Company, Green Park Brands,  and Quorn Foods Ltd.

Recent Development:

             The New Launched Product News,

• In October 2023, Schouten launched plant-based snack for kids packed with 46% vegetables. With 46% of their ingredients coming from veggies, Schouten's new nibbles contain red pepper, onion, maize, carrots and garden peas. It's claimed that the nuggets have a crispy feel. They are shaped like hearts, circles, and stars to appeal to both kids and adults.  
• In October 2023, Nestlé launched 3 new plant-based fish alternatives to white fish in countries across Europe, including Germany, Spain, Italy, Austria, Poland, the Czech Republic, and Slovakia. Under the Garden Gourmet brand in Europe, the new substitutes include marine-style crispy fillet and marine-style crispy nuggets. Under the Harvest Gourmet brand, the company has already introduced crispy fish-free fingers to Malaysia and Singapore.
• In January 2022, Snack producer launched plant-based protein bar line. Each 2.2-ounce chocolate chip peanut butter and double chocolate almond butter snack bar is kosher, gluten-free and free of genetically modified ingredients. Pea proteins are combined with almonds or peanuts to make the single-serving bars, which provide 15 grams of protein each bar.
• In December 2021, Eat Well Group-owned Sapientia Technologies launched new plant-based snack “Protein Twists” into 350 federated Co-operatives. There are two vegan flavors of Protein Twists: vegan cheese and vegan ketchup. Eat Well Group also worked on two other flavors: Mediterranean and chilly lime. Compared to competing products, the vegan twisted curls have a greater nutritional profile and around 30% fewer calories.

Research Objective and Assumption

• Preface
• Research Objectives
• Study Scope
• Years Considered for the study
• Assumptions
• Abbreviations

Research Methodology

• Research data
• Primary Data
  • Primary Interviews
  • Primary Breakdown
  • Key data from Primary Sources
  • Key Thickness Insights
• Secondary Data
  • Major Secondary Sources
  • Secondary Sources
• Market Estimation
• Top-Down Approach
  • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
• Bottom-Up Approach
  • Approach for estimating market share By Distribution Channelottom-up Analysis (Demand Side)
• Market Breakdown and Data Triangulation
• Research Assumptions

Market Preview

• Executive Summary
• Key Findings—Global Outlook for medical carts Strategies
  • Key Questions this Study will Answer
  • Market Snippet, By Nature
  • Market Snippet, By Type
  • Market Snippet, By Product Type
  • Market Snippet, By Source
  • Market Snippet, By Flavor
  • Market Snippet, By Packaging
  • Market Snippet, By Distribution Channel
  • Market Snippet, By Region
• Opportunity Map Analysis
• Executive Summary—3 Big Predictions

Market Dynamics, Regulations, and Trends Analysis

• Market Dynamics
  • Drivers
  • Restrains
  • Market Opportunities
  • Market Trends
• DR Impact Analysis
• PEST Analysis
• Porter’s Five Forces Analysis
• Opportunity Orbit
• Market Investment Feasibility Index
• Macroeconomic Factor Analysis

Plant-Based Snacks Market, By Nature, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Conventional
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Organic
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Plant-Based Snacks Market, By Type, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Cookies
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Snack Bar
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Wafers
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

Plant-Based Snacks Market, By Product Type, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Meat Alternative Snacks
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Cereal/Grain Based Snacks
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

Plant-Based Snacks Market, By Source, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Fruit
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Vegetables
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Legumes
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Cereals
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Tubers
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

Plant-Based Snacks Market, By Flavor, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Savory & Sweet Flavor
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Herb & Spice Flavor
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Chocolate Flavor
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

 

Plant-Based Snacks Market, By Packaging, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Pouches
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Wrappers
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Bags
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Tins
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Plant-Based Snacks Market, By Distribution Channel, Forecast Period up to 10 Years, (US$ Bn)

 

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Segment Trends
• Hypermarkets/Supermarkets
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Convenience Stores
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Specialty Stores
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Small Groceries
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Online Retailers
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years
• Others
  • Overview
  • Market Size and Forecast (US$ Bn), and Y-o-Y Growth (%), Forecast Period up to 10 Years

Plant-Based Snacks Market, By Region, Forecast Period up to 10 Years, (US$ Bn)

• Overview
  • Market Value and Forecast (US$ Bn), and Share Analysis (%), Forecast Period up to 10 Years
  • Y-o-Y Growth Analysis (%), Forecast Period up to 10 Years
  • Regional Trends
• North America
  • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Flavor, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • U.S.
    • Canada
• Europe
  • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Flavor, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • UK
    • France
    • Germany
    • Russia
    • Italy
    • Rest of Europe
• Asia Pacific
  • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Flavor, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
    • India
    • Japan
    • South Korea
    • China
    • Rest of Asia Pacific
• Latin America
  • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Flavor, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• Brazil
• Mexico
• Rest of Latin America
• Middle East & Africa
  • Market Size and Forecast (US$ Bn), By Nature, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Product Type, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Source, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Flavor, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Packaging, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Distribution Channel, Forecast Period up to 10 Years
  • Market Size and Forecast (US$ Bn), By Country, Forecast Period up to 10 Years
• GCC
• Israel
• South Africa
• Rest of Middle East

Competitive Landscape

• Heat Map Analysis
• Market Presence and Specificity Analysis

Company Profiles

• General Mills
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Nestle S.A.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• Maple Leaf Foods Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

• The Unilever Group
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Blue Diamond Growers
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
• Louisville Vegan Jerky Company
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies

The Last Word 

• Future Impact 
• About Us 
• Contact