Double-digit value CAGRs are expected for both low fat and no fat snacks in the forecast period at 2023 constant prices. This growth will be fuelled by an increasing number of consumers seeking to adopt healthier alternatives to indulgent products.
In the forecast period, a rising number of consumers are anticipated to pivot towards food and beverage offerings which have fortified or functional attributes, as these options are increasingly perceived as a way to enhance overall health. Behaviours ingrained during the pandemic are poised to endure, as individuals seek to follow a diet conducive to sustaining good health.
In China, there is heightened consumer awareness of the correlation between food and drink consumption and health. For instance, an increasing number of people realise that blood pressure and the risk of heart problems and stroke can be lowered through focusing on reducing salt intake and eating less processed food.
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Understand the latest market trends and future growth opportunities for the HW Snacks industry in China with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
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This report originates from Passport, our HW Snacks research and analysis database.
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