Roasted Snacks Market: Global Industry Analysis and Forecast (2024-2030)

Roasted Snacks Market Overview

Roasted snacks are food items that are cooked using dry heat, usually in an oven or over a fire. The process involves exposing foods like nuts, seeds, or grains to direct heat until it become crispy and flavorful. Roasting brings out the natural flavors of the ingredients and often gives them a crunchy texture.

 

To guarantee accuracy and dependability, primary and secondary research methods were carefully combined to create the Roasted Snacks Market report. Primary research methods included sending out questionnaires, surveying people, and having phone interviews with a wide range of professionals, business leaders, marketers, and entrepreneurs in the Roasted Snacks industry. The study estimated the sizes of the global and regional markets using a bottom-up methodology. Furthermore, a SWOT analysis was employed to highlight the advantages and disadvantages of major companies operating in the Roasted Snacks sector. Along with covering a number of factors driving market growth, the report also discussed how rising health consciousness has propelled the market for roasted snacks.

 

• India exports most of its Roasted food to United States, Australia and United Arab Emirates.

 

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Roasted Snacks Market Dynamics

Key Drivers of Growth in the Roasted Snacks Market

The growth in the popularity of healthier eating habits, with consumers looking for snacks that don't taste as good as fried ones, has boosted the roasted snacks market. Roasted snacks are considered as a popular choice for health-conscious consumers because they are perceived as having fewer calories and less fat, resulting in accelerating market growth. The higher demand for the convenient, portable snack options that are preferred by modern lifestyles has propelled the market growth of roasted snacks. The surge in the fiber, protein and super foods in snacks has driven market growth. These useful ingredients give the products more nutritional value, which appeals to consumers who are health-conscious. To entice customers, manufacturers constantly release new flavors and product variations.

 

A greater range of taste preferences can be satisfied thanks to the variety of flavors, which increases the customer base. It is now essential to use digital channels to interact with customers and market using social media platforms. Purchase decisions and consumer interest have been influenced by social media campaigns and influencer endorsements. Packaging innovations that improve sustainability, convenience, and shelf life are crucial. Consumers who care about the environment find reasonable and eco-friendly packaging options especially appealing. It influenced the roasted snacks market's growth.

Challenges and Constraints in the Roasted Snacks Market

The rise in the demand for high-quality raw materials that vary in price and availability has been restraining the market growth. Seasonal changes, agricultural dependence, and disruptions in the global supply chain have impacted on the consistent supply of ingredients needed to make roasted snacks, resulting in slower market growth. To maintain and manage logistics and distribution channels are the major challenges to effectively' guarantee on-time delivery while preserving' roasted' snacks freshness. This is especially crucial for roasted snacks, since their shelf life may be shorter than that of other snack varieties. In a crowded market, establishing and preserving brand loyalty is challenging.

 

Long-term customer retention has been impacted by consumers' frequent brand switching in search of new flavors or better offers. The profitability of companies that produce roasted snacks is directly impacted by increases in the cost of labor, ingredients, and transportation. The financial stability of businesses in this industry has been further strained by inflation and economic downturns. Demand for sustainable sourcing, production, and packaging methods is rising. For many roasted snack manufacturers, adopting eco-friendly solutions is difficult because they frequently call for large financial outlays.

 

 Roasted Snacks Market Segment Analysis

Based on Type, Nuts segment dominated the market and is expected to maintain its dominance through the forecast period with an increasing CAGR. The rise in the popularity of plant-based diets, nuts have become a favored source of protein and healthy fats have propelled the market growth. Roasted Nuts has high demand as it is well aligned with the dietary trend that has driven their demand among health-conscious and environmentally aware consumers. As it has been refereed as a traditional snack in many cultures globally, it has demand in demand and popularity around the globe.

 

Since it they keep better than fresh produce, roasted nuts are a sensible option for retailers and customers alike as they cut down on waste and guarantees constant availability in stores. Convenience of ready-to-eat roasted nuts requires no cooking or preparation and is the primary driver of the market for roasted snacks. Their adaptability makes them appealing for a variety of uses, not only snacking. They become more fragrant and flavorful after roasting, highlighting their inherent attributes. The Maillard reaction takes place during roasting, producing mouthwatering flavors and aromas that provide a satisfying snack for anyone in search of something tasty.

 

Roasted Snacks Market Regional Analysis

North America dominated the market with the highest market share and is expected to dominate with an increasing CAGR throughout the forecast period. Demand for healthier snack options, especially roasted snacks, has shifted significantly as a result of the surge in North American consumers' prioritization of health and wellness. Thanks to their health advantages, roasted snacks are becoming more and more popular than fried snacks, which is increasing market demand. More fueling this demand has been the popularity of plant-based, low-fat, high-protein snacks like roasted nuts and seeds as well as diets like the paleo and ketogenic schemes.

 

Significant marketing budgets and extensive distribution networks aid some of the world's largest snack food companies, such as PepsiCo, General Mills, and Mondel?z International, in preserving their leadership in the North American market. The rise of online grocery shopping and e-commerce has made a wider range of roasted snacks more accessible to consumers. To increase their customer base and provide easy ways to shop, businesses are making the most of internet platforms. In the United States. represents the high demand for nut-based snacks, a significant category within the roasted snacks market, with an average annual per capita consumption of nuts of about 3 point7 kg (8 point2 lbs).

 

• The top 3 exporters of Roasted food are Mexico with 51,230 shipments followed by Germany with 42,365 and Netherlands at the 3rd spot with 34,525 shipments.

Roasted Snacks Market Competitive Landscape

• In 2024, PepsiCo acquires Bare Foods for USD 200 M in a bid to provide healthy products. PesiCo has entered into a definitive agreement to acquire the US snack company that is primarily into baked fruits and vegetable snacks. The transaction is estimated to increase the company's snacking portfolio and further deliver on its vision to offer consumers more positive nutrition options.
• In May 2024, Mondel?z International, Inc. announced the inauguration of its Regional Biscuit and Baked Snacks Lab and Innovation Kitchen in Singapore, reaffirming its commitment to innovation and product development across Southeast Asia and Australia, New Zealand and Japan. With a focus on co-innovation, this expansion is designed to help accelerate MDLZ’s mission to create "the right snack, for the right moment, made the right way.” The establishment of the Biscuit and Baked Snacks Lab and Innovation Kitchen marks a significant step in MDLZ's commitment to mindful snacking, including developing products that encourage portion balance and mindful indulgence whilst exploring flavor innovation and different product formats.

Roasted Snacks Market Scope
Market Size in 2023	USD 5.75 Bn.
Market Size in 2030	USD 8.04 Bn.
CAGR (2024-2030)	4.91 %
Historic Data	2018-2022
Base Year	2023
Forecast Period	2024-2030
Segments	By Type Nuts Seeds Grains Cereals Legumes Fruits and Vegetables Others
	By Category Organic Conventional
	By Sales Channel Supermarkets & Hypermarkets Convenience Store Online Retail Specialty Stores Others
Regional Scope	North America- United States, Canada, and Mexico Europe – United Kingdom, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa South America – Brazil, Argentina, Rest of South America

 

Roasted Snacks Market Key Players

1. PepsiCo Inc.
2. Nestlé SA
3. General Mills Inc.
4. Mondel?z International, Inc.
5. Conagra Brands Inc.
6. Unilever Plc
7. Hunter Foods LLC
8. Snackible
9. Calbee, Inc.
10. Intersnack Group
11. Blue Diamond Growers
12. The Hain Celestial Group
13. Diamond Foods
14. Sensible Portions
15. Roast Foods
16. Snyder's-Lance
17. Popchips
18. Wonderful Pistachios & Almonds
19. Graze
20. Sahale Snacks
21. Pretzel Perfection
22. Beanfields Snacks
23. XXX Ltd.