Market Size of North America Frozen Snacks Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.45 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Frozen Snacks Market Analysis
North America Frozen Snacks market is projected to grow at a CAGR of 5.45% during the forecast period.
- There is a growing trend of food traceability and rising demand of convenience food products across the region. Also, the strong performance of retail sector along with rapid increase in number of large retail chains including hypermarkets and supermarkets has boosted the demand of frozen snacks across the market.
- The consumers are looking for clean-label snacks with easily recognizable ingredients. Nearly half of all parents who buy snack bars rate 'quality ingredients' and 'all natural' as important criteria while selecting the product. Therefore, companies are incorporating these labels in their products. As a result, there is a vast scope for manufacturers to develop snacks with frozen formats using minimum artificial ingredients.
