Kid Snacks Market Scope
Growing demand for healthy kid’s snacks will help to boost global kid snacks market in the forecasted period. Snacks are considered as foods that are consumed on casual occasions or in between meals. In the snacks type, kid snack is a small subsection that includes only the food products that are consumed by the children. Kid’s snacks include various type of food including packed snack foods, processed foods, or the food products that are made from the fresh ingredients. Processed foods have a long shelf life as compared to homemade food products.
The market study is being classified by Type (Salty, Refrigerated or Frozen, Confectionary, Bakery [Cakes, Biscuits, Chips], Vegetable and Fruit Snacks and Nut-Based Snacks) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, new product launches and collaborations as their preferred strategies. Key players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. In order to generate additional sales, manufacturers across the globe are concentrating on escalating product portfolio and production capability which in turn will drive the market of kid snack in the forecast period. Manufacturers are now aiming both online as well as offline sellers with the objective to develop their distribution networks, thereby making products effortlessly accessible to buyers. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Kid Snacks market throughout the predicted period.
Procter & Gamble (United States), The Kraft Heinz Company (United States), Calbee, Inc. (Japan), Intersnack (Germany), Mondelez International, Inc. (United States), PepsiCo, Inc. (United States), Conagra Brands Inc. (United States), Lorenz Snack-World (Germany), General Mills, Inc. (United States) and Nestlé S.A. (Switzerland) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are The Kellogg Company (United States), Tyson Foods, Inc. (United States) and Hormel Foods Corporation (United States).
AdvanceMarketAnalytics has segmented the market of Global Kid Snacks market by Type, Application and Region.
On the basis of geography, the market of Kid Snacks has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2018. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. If we see Market by Distribution Channel, the sub-segment i.e. Supermarket/Hypermarket will boost the Kid Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Organic Snacks will boost the Kid Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
“In 1980, Quebec passed a law restricting junk-food marketing to kids under 13 years old in print and electronic media. The country maintains to have the lowest child obesity rate, and fast food expenditures decreased by 13% as a result of the law. Since 1991, Sweden has held the strictest control with a ban on television and radio advertising targets at children under the age of 12. In 2013, companies agreed to a self-regulated ban on all marketing of unhealthy food and drinks for children under 16-year-olds.”
- High Demand Due To Promotion Strategies Such As Offers Toys inside the Snack
- Increasing Inclination towards Healthy Food Products
- Rising Concern of Parents About Their Children Health
- Growing Disposable Income
- Change In the Food Habits
- Growing Demand for Kids Snacks in Developing Countries
- High Adoption Due To Attractive Marketing and Promotional Strategies
- High Price of Production Due To Unstable Charges of Raw Materials
- Stringent Government Regulation Regarding Children Food Products
Key Target AudienceManufactures, Suppliers and Distributors, Government and Private Research Organizations, Government Regulatory Bodies and Others
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