PROSPECTS AND OPPORTUNITIES
Stable demand for high protein snacks over the forecast period
Protein is considered beneficial to health for many reasons, including making consumers feel fuller for longer, while health-conscious consumers favour snacks with this claim, as they perceive it as supporting their overall health and wellbeing. The high protein claim remains one of the most sought-after claims in food and has become more mainstream, as opposed to being confined to sports enthusiasts, in line with greater nutritional knowledge of local consumers.
Players look to add vitamin content to snacks to appeal to both children and parents
Consumers’ awareness of the need to enhance one’s immune system to fight disease has increased the demand for functional food with added vitamins. The growing popularity of the natural trend has also propelled consumers’ desire to meet their vitamin needs through foods, such as snacks, at the expense of pills, which has made good source of vitamins one of the leading claims within snacks in the UK.
Increasing focus on gut health to support immune system set to benefit a number of health and wellness claims
Products which offer functionality or fortification will continue to gain popularity in the UK, with their consumer base widening beyond those with specific health issues or sports lovers to people seeking to strengthen their metabolism and become generally more resilient to health problems. As such, probiotic, which is a fortified/functional type of health and wellness attribute, is anticipated to record a positive performance within snacks over the forecast period.
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Overview:
Understand the latest market trends and future growth opportunities for the HW Snacks industry in United Kingdom with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the HW Snacks industry in United Kingdom, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
The HW Snacks in United Kingdom report includes:
- Analysis of key supply-side and demand trends
- Detailed segmentation of international and local products
- Historic volume and value sizes, company and brand market shares
- Five year forecasts of market trends and market growth
- Robust and transparent research methodology, conducted in-country
This report answers:
- What is the market size of HW Snacks in United Kingdom?
- What are the key health and wellness concerns driving sales in HW Snacks?
- Is HW Snacks a dynamic niche or mainstream concern in United Kingdom?
- Which are the leading brands in HW Snacks in United Kingdom?
- How are products distributed in HW Snacks in United Kingdom?
- How has COVID-19 and accordant recession impacted sales? Which categories have seen rising demand? Which are most vulnerable to economic disruption and diminished consumer confidence?
- Where is future growth expected to be most dynamic?
HW Snacks in the United Kingdom - Category analysis
KEY DATA FINDINGS
Players continue to focus on developing snacks that address HFSS legislation
Vegetarian is leading health and wellness claim in snacks, driven by changing lifestyles and sustainability concerns
Plant-based snacks continues to gain strong momentum as players expand their portfolios
Stable demand for high protein snacks over the forecast period
Players look to add vitamin content to snacks to appeal to both children and parents
Increasing focus on gut health to support immune system set to benefit a number of health and wellness claims
Health and Wellness in the United Kingdom - Industry Overview
Health and wellness in focus
Consumer weight trends
Consumer diet trends
Health-related deaths
Blood pressure and cholesterol levels
Diabetes prevalence
DISCLAIMER
Why buy this report?
- Gain competitive intelligence about market leaders
- Track key industry trends, opportunities and threats
- Inform your marketing, brand, strategy and market development, sales and supply functions
This report originates from Passport, our HW Snacks research and analysis database.
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