The Latin America, Middle East and Africa High Fibre Snacks Market would witness market growth of 11.2% CAGR during the forecast period (2023-2030). In the year 2026, the LAMEA market's volume is expected to surge to 436.6 kilo tonnes, showcasing a growth of 13.3% (2023-2030).
High fiber snacks come in various forms, including processed and packaged snacks that contain vitamins, proteins, minerals, and other nutritious elements. There are also options for people with dietary restrictions, like gluten-free snacks, which are ideal for people with gluten intolerance. High-fiber snacks include potato chips, bakery items like pancakes, bagels, pretzels, cookies, and confectionery like candies, chocolates, and raisins. These snacks contain nourishing elements compared to conventional snacks.
Conventional snacks have many harmful effects, such as the increase in obesity, the rise in body calorie count, and the reduction in nutritional advantages. As a result, the demand for high fiber snacks increases as they offer several health benefits. High fiber snacks are an excellent energy source that maintains a healthy digestive system and reduces the risk of several chronic diseases.
Nowadays, consumers seek quick, affordable, and indulgent snacking solutions that meet their daily nutritional needs. The food industry is rapidly evolving with advancements in raw material utilization, processing techniques, preservation, and innovative packaging methods. These developments have led to the creation of contemporary food offerings that support the growth of the snacks industry. Thus, in the coming years, the increasing inclination towards healthy life and snacks will drive the growth of the market in the LAMEA region.
The Brazil market dominated the LAMEA High Fibre Snacks Market, By Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,059.3 million by 2030. The Argentina market is showcasing a CAGR of 11.8% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 10.9% during (2023 - 2030).
Based on Nature, the market is segmented into Conventional and Organic. Based on Distribution Channel, the market is segmented into Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, Online Retailers and Others. Based on Product, the market is segmented into Cereal & Granola Bars, Nuts & Seeds, Dried Fruits, Meat Snacks, Biscuits & Cookies, Trail Mix Snacks and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide High Fibre Snacks Market is Projected to reach USD 48.4 Billion by 2030, at a CAGR of 9.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include General Mills, Inc., Hodgson Mill, Inc., Bearded Brothers, LLC, Kellogg Company, Flowers Foods, Inc., Mars, Inc. (Kind LLC), Energy Bar Foods (Visionary Nutrition, LLC), Ardent Mills, Mojo Snacks and Grain Millers, Inc.
By Nature (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Distribution Channel (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Product (Volume, Kilo Tonnes, USD Million, 2019-2030)
By Country (Volume, Kilo Tonnes, USD Million, 2019-2030)
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