Trail Mix Market (2018 – 2023) research report provides List of manufacturers, regional analysis, segmentation by type & applications and the actual process of whole Trail Mix industry. Trail Mix Market report delivers a detailed study of present and upcoming Opportunities to clarify future investment in the market.
“Trail Mix Market report is expected to register a CAGR of 5.6% over a five years forecast period.”
List of Major Key players operating in the Global Trail Mix Market are –
- Mars Inc.
- Tropical Foods
- Aurora Products
- Tropical Foods’ Hartman
- Setton Farms
- Orchard Valley Harvest
- Jerry’s Nut House
- Munki Food Company
- Powers Candy & Nut Company
- Kar’s Nut
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The global Trail mix market is expected to register a CAGR of 5.6% from 2018 to 2023. The global retail sale of sweet and savoury snack is growing at a rate of 7% which was valued at USD 125 billion in 2014. Trail mix is a sweet and savory snacks which is to be taken along on hikes due to its convenience and health benefits. The exponential growth in the usage of this product is attributed to its various functional and health benefits. It contains nuts, dried fruits, seeds, and even meat snacks and can be used as an appetite suppressant.
Convenience and on-the-go snack trend
Trail mix is gaining popularity among adults and working population due to its nutrition. The innovation in product development such as exotic flavors, packaging and marketing are the various factors driving the market. Packaging of trail mix in various small and convenient packs are actually driving its sale as it is easy to carry. There is a growing demand for nuts and seeds as a part of healthy snacking. Trail mix in combination with nuts/seeds covers cocoa, meat snacks, yogurt like high protein ingredients which makes it more nutritious compared to other alternatives. The trend of consumers who are looking for snacks as a meal replacement or weight management is growing at a faster rate. There is drastic shift observed in the breakfast and snacking due to fast moving lifestyle. Consumers prefer to opt for healthy, small pack of on-the-go breakfast. Trail mix is a great choice for busy morning, after school snacks and game time snacks. Despite of its growing market in North America, trail mix is still a niche segment in snacks in rest of the world. Low consumer awareness in developing region and availability of other snack alternatives are the major restrain for the trail mix market.
Europe is expected to have the highest growth rate during the forecast period due to the growing preference for nuts and seed snacking. North American region has the highest share for trail mix market. US dominates the market for trail mix driven by the growing demand for healthy on-the go breakfast and meal replacement trend. The market for nuts, seeds and dry fruits as a snack is growing at a double digit growth in Western Europe. Trail mix can be easily designed based on the regional taste and ingredient preference which is the major strategy adopted by companies to target sale.
MAJOR PLAYERS: MARS INC., TROPICAL FOODS, AURORA PRODUCTS, TROPICAL FOODS’ HARTMAN, SETTON FARMS, ORCHARD VALLEY HARVEST, JERRY’S NUT HOUSE, MUNKI FOOD COMPANY, POWERS CANDY & NUT COMPANY and KAR’S NUT, amongst others.
Reasons to Purchase this Report
• Analyzing outlook of the market with the recent trends and Porter’s five forces analysis.
• Market dynamics, which essentially consider the factors that are impelling the present market scenario, along with growth prospects of the market over the forecast period.
• Market segmentation analysis, including qualitative and quantitative research, incorporating the impact of economic and non-economic aspects.
• Country-level analysis, integrating the demand and supply forces that are influencing the growth of the market.
• Competitive landscape involving the market share of major players, along with the key strategies adopted for development over the past five years.
• Comprehensive company profiles, covering the product offerings, key financial information,
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Global Trail Mix Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2018-2023):
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Spain and Benelux)
- Asia Pacific (China, Japan, India, Southeast Asia and Australia)
- Latin America (Brazil, Argentina and Colombia)
- The Middle East and Africa
Key Questions Answered About Trail Mix Market:
- What is the market size and growth rate of the global and regional market by various segments?
- What is the market size and growth rate of the Trail Mix market for selective countries?
- Which region or sub-segment is selected is expected to drive the market in the forecast period?
- What factors are estimated to drive and restrain the market growth?
- What are the key technological and Trail Mix market trends shaping the market?
- What are the key companies operating in the market?
- Which company accounted for the highest market share?
Reasons to Purchase Trail Mix Market Report:
- The report analyses how stringent emission control norms will drive the global Trail Mix market.
- Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
- Study on the product type that is expected to dominate the market.
- Study on the regions that are expected to witness the fastest growth during the forecast period.
- Identify the latest developments, market shares and strategies employed by the major Trail Mix market players.
- 3 months’ analyst support along with the Market Estimate sheet (in excel).
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Trail Mix Market Report TOC Includes:
- Introduction of Trail Mix Market
- Research Approach and Methodology
- Trail Mix Market Overview
- Trail Mix Market Segmentation
- Competitive Landscape
- Company Profiles
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