Global Trail Mix Snacks Market By Product (Dried Fruit, Cereal & Granola Bars, Nuts & Seeds, Meat, Trail Mix), Nature (Organic, Conventional), Distribution Channel (Supermarket/Hypermarket, Small Grocery Stores, Special Health Stores, Online, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Trail Mix Snacks Market
Global trail mix snacks market is expected to grow at a healthy CAGR of 10.2% during the forecast period of 2019-2026. This rise in market value can be attributed to the rising demand from the food industry. The upcoming market report contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.
Market Definition: Global Trail Mix Snacks Market
Trail mix snacks are the form of healthy snacks which are made from the cluster of seeds, nuts, dried fruit, and many others ingredients. The trail mix snacks contain the high nutritional value which helps to support the overall health of the body. The hefting and restless schedule of the peoples need high nutritional value, for which daily meal is not sufficient they need some added nutrition’s from the snacks which is major driving factor of the market.
- The innovative flavours as well as packaging techniques driving the growth of market.
- Rising demand for high nutritional value products is driving the growth of market
- Increase demand for trail mix snacks in confectionery industries is another reason for the market growth
- The growing awareness among the people for healthy diet will drive the market.
- High price of trail mix snacks will hamper the market growth
- Lack of standardized supply chain in developing countries is also affecting the growth of the market as it peoples are not awarded about it.
- Other snacks alternatives will also hampering the growth of trail mix snacks market.
Segmentation: Global Trail Mix Snacks Market
By Product Type
- Dried Fruit
- Cereal & Granola Bars
- Nuts & Seeds
- Trail Mix
By Distribution Channel
- Small grocery stores
- Special health stores
- North America
- South America
- Rest of South America
- Rest of Europe
- South Korea
- New Zealand
- Rest of Asia-Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Key Developments in the Market:
- In August 2019, Kellogg’s well known global brand introduced the savoury snack product, and nuts & bolts trail mix developed from original nuts & bolts. The product will offer the new recipes for crowd-pleaser and retro favourite original Nuts & Bolts. The company offered the new recipes of nuts and spices with Nutri-Grain crunch which will provide the competitive advantage.
- In December 2018, On the Go Fusion Company launched new product at market for trail mixes snacks. The new Edamame Trail Mixes pack contains the nutritious and delicious snacks having protein in it gives the natural and fresh taste. Through this new nutritional and protein rich snacking will help the company to attract the major customer base for the market.
Global trail mix snacks market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of trail mix snacks market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in global trail mix snacks market are On The Go Fusion Snacks, Tropical Foods, Truly Good Foods, Setton Pistachio of Terra Bella, Inc., John B. Sanfilippo & Son, Inc., Jerry's Nut House Inc, Munki Food, KAR’S NUTS, Kellogg Co., General Mills Inc., PepsiCo, The Kraft Heinz Company, Select Harvests Limited, Nestlé, Tyson Foods, Inc., KIND LLC, Hormel Foods Corporation, Mondelēz International, B&G Foods, Inc, Hain Celestial and others.
Research Methodology: Global Trail Mix Snacks Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Competitive analysis of key competitors involved in the market
- Complete analysis of Market Segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
- Market Drivers and Restraints analysis along with the analysis of the market structure