The organic snack food manufacturing market consists of sales of non-GMO nutritional food items and related services. Organic snack foods are manufactured using organically certified ingredients that do not contain genetically modified organisms (GMOs) and artificial additives. Organic snack food contains healthy nutrients and ingredients such as minerals, proteins, and vitamins. For example, nutritious and gluten-free items which include tortilla chips, corn chips, potato chips, chocolates, raisins, bagel, pretzels, cookies, and pancakes, made from organic ingredients are termed as organic snack food.
The global organic snack food manufacturing market is expected to grow from $10.59 billion in 2019 and to $10.92 billion in 2020 at a growth rate of 3.16%. The slow growth in 2020 is mainly due to the economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to grow and reach $16.03 billion in 2023 at CAGR of 13.63%.
