Global Plant Based Snacks Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Meat Alternative Snacks, Grain-Based Snacks, Fruit & Nut Snacks, Plant-Based Snack Bars, and Others.

By Source;

Vegetables, Fruits, Cereal, Tubers, and Others.

By Category;

Conventional and Organic.

By Distribution Channel;

Convenience Stores, Mass Merchandisers Specialty Stores, and Online Retails.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn449934116 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Plant Based Snacks Market (USD Million), 2021 - 2031

In the year 2024, the Global Plant Based Snacks Market was valued at USD 48,075.44 million. The size of this market is expected to increase to USD 85,100.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.5%.

The global plant-based snacks market has witnessed significant growth in recent years, driven by increasing consumer awareness of health and sustainability. Plant-based snacks are derived from ingredients such as fruits, vegetables, nuts, seeds, and grains, catering to a rising demand for healthier snack options. These products are favored for their natural ingredients, lower environmental footprint compared to animal-based snacks, and alignment with vegan and vegetarian lifestyles.

Key factors contributing to the growth of the global plant-based snacks market include changing dietary preferences towards cleaner and sustainable eating habits, coupled with innovations in food technology that enhance the taste and texture of plant-derived snacks. Companies in the market are focusing on expanding their product portfolios to include a variety of flavors, textures, and nutritional profiles to cater to diverse consumer preferences. Moreover, increasing investments in research and development aimed at improving the nutritional value and shelf-life of plant-based snacks are expected to further drive market expansion globally.

As consumer demand for convenient and nutritious snacking options continues to rise, the global plant-based snacks market is poised for robust growth. Regions such as North America and Europe are leading markets due to a high concentration of health-conscious consumers and strong retail presence of plant-based products. Emerging economies in Asia Pacific and Latin America are also witnessing rapid adoption of plant-based snacks, driven by urbanization, increasing disposable incomes, and growing awareness of health and wellness trends.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Source
    3. Market Snapshot, By Category
    4. Market Snapshot, By Distribution Channel
    5. Market Snapshot, By Region
  4. Global Plant Based Snacks Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Health Consciousness
        2. Rising Vegan and Vegetarian Population
        3. Innovation in Product Development
      2. Restraints
        1. Higher Cost of Plant-Based Ingredients
        2. Supply Chain Challenges
        3. Limited Shelf Life
      3. Opportunities
        1. Expansion in Retail Channels
        2. Emerging Markets
        3. Clean Label Trends
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Plant Based Snacks Market, By Type, 2021 - 2031 (USD Million)
      1. Meat Alternative Snacks
      2. Grain-Based Snacks
      3. Fruit & Nut Snacks
      4. Plant-Based Snack Bars
      5. Others
    2. Global Plant Based Snacks Market, By Source, 2021 - 2031 (USD Million)
      1. Vegetables
      2. Fruits
      3. Cereal
      4. Tubers
      5. Others
    3. Global Plant Based Snacks Market, By Category, 2021 - 2031 (USD Million)
      1. Conventional
      2. Organic
    4. Global Plant Based Snacks Market, By Distribution Channel, 2021 - 2031 (USD Million)
      1. Convenience Stores
      2. Mass Merchandisers Specialty Stores
      3. Online Retails
    5. Global Plant Based Snacks Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. General Mills Inc
      2. Unilever
      3. Nestl
      4. Primal Spirit Foods, Inc
      5. Blue Diamond Growers
      6. Guardian News & Media Limited
  7. Analyst Views
  8. Future Outlook of the Market