Snack Products Market size was valued at USD 425.6 billion in 2021, growing at a CAGR of 3.5% during the forecast period 2022-28. Snack products are the part of food, which are less quantity than a regular meal and consumed between meals. Snacks are available in a variety of farms such as including processed food and packaged food. These products are made from the fresh ingredients at home. Some of the snack products are sweets, sandwiches, leftovers, cold cuts, fruits, and nuts among others. The report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition.
In January 2017, General Mills, Inc. launched a new snack product series such as Nature Valley Granola bars, Yoplait Custard, and Haagen-Dazs ice cream in healthy snacks category.