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Global Snack Food Market Projected to Reach $800 Billion by 2030

Convenience food trends and expanding e-commerce options are two factors driving snack growth, according to a recent study.

Snack Foods Growth by 2030
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A new report by Ken Research projects the global snack foods market to be worth $800 billion by 2030, with a compound annual growth rate (CAGR) of 5.1% over that time. The study cites several factors contributing to those numbers, including emerging markets where disposable income is on the rise, leading to a projected 40% growth in snack sales within developing economies around the world.


   Labeling changes and new traceability rules coming for snack food manufacturers.

Other key elements driving the rise in global snack sales include:

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