CHICAGO, UNITED STATES, August 11, 2023/EINPresswire.com/ -- 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐬 𝐤𝐢𝐝𝐬 𝐬𝐧𝐚𝐜𝐤 𝐦𝐚𝐫𝐤𝐞𝐭 generated revenue of 𝐔𝐒$ 𝟏𝟏,𝟕𝟏𝟖 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟐 and is estimated to attain a valuation of 𝐔𝐒$ 𝟐𝟕,𝟗𝟗𝟔 𝐦𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟏, growing at a 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟗.𝟏% during the forecast period from 𝟐𝟎𝟐𝟑 𝐭𝐨 𝟐𝟎𝟑𝟏.

𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐑𝐞𝐩𝐨𝐫𝐭@- https://www.astuteanalytica.com/request-sample/united-states-kids-snack-market

Convenience, pleasure, and shifting dietary preferences are driving the widespread binge on kids' snacks in the United States. Retailers have jumped at the chance to capitalize on Americans' increased preference for quick and delectable snacks throughout the day, making huge profits. Families, claims about ingredients, variety in packaging and flavors, and all of these have been identified as major growth drivers in the US snacking sector.

With more than 27% of daily calories coming from snacks, childhood snacking patterns are shifting toward three snacks per day. Consumption of confectionery and salty snacks has seen the highest increases, but desserts and sweetened beverages continue to be the main sources of calories from snacking. For instance, kids ate 2.3 snacks each day on average. The most common types of snacks consumed were fruit, salty/sweet foods, and dairy products. So, the growing popularity of snacks among children fuels industry expansion.

On-the-go snacking and convenience are other factors influencing market expansion. The hectic lifestyles and the need for quick snacking options have spurred the desire for portable and individually packed snacks. Single-serve quantities, resealable containers, and snack packs that accommodate various dietary requirements are becoming common. For instance, according to the U.S. Department of Agriculture, homes with children spend 38 percent less money on full-service restaurant meals and 19 percent more income on fast food meals than households without children. However, the number of children in the household does affect the amount of food that is bought from grocery shops as opposed to restaurants.

𝐓𝐨𝐩 𝐓𝐫𝐞𝐧𝐝𝐬: 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐀𝐥𝐥𝐞𝐫𝐠𝐞𝐧-𝐅𝐫𝐞𝐞, 𝐎𝐫𝐠𝐚𝐧𝐢𝐜, 𝐚𝐧𝐝 𝐇𝐞𝐚𝐥𝐭𝐡𝐲 𝐒𝐧𝐚𝐜𝐤𝐬

There is a large market for allergen-free snacks. Numerous companies are releasing these items in response to this trend in order to boost sales. For instance, 88 acres of seed butter are created from sunflower, watermelon, and pumpkin seeds. The perfect substitute for peanut butter is this butter. This sort of butter can be given to children who have nut allergies. Therefore, these improvements open up wide-ranging growth prospects for the kid snack market.

The rising popularity of organic and healthy snacks coupled with advertising tactics adopted by the market players will propel the growth of the kid snacks market in the U.S. For instance, in February 2023, Upworthy announced that its subsidiary, This Saves Lives, is launching Kids Snack Bars at 47 Costco stores in the Southeast region. These Saves Lives Kids Snack Bars are safe-for-school (gluten-free, nut-free, dairy-free, and soy free) and packed with a combined full serving of fruits and vegetables. The 24-pack of bars includes two best-selling, kid-approved flavors: 12 S’mores Blast and 12 Chocolate Chip "Dino" mites.

𝐒𝐚𝐥𝐭𝐲 𝐒𝐧𝐚𝐜𝐤𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐏𝐫𝐞𝐟𝐞𝐫𝐫𝐞𝐝 𝐂𝐡𝐨𝐢𝐜𝐞 𝐀𝐦𝐨𝐧𝐠 𝐊𝐢𝐝𝐬

Due to their many varieties and attractive flavors, salty snacks have become a kid's favorite. The salty snacks segment generated over US$ 5929 million in sales in 2022, accounting for a sizeable portion of the market. With a compound annual growth rate (CAGR) of 10.4%, the segment's supremacy is likely to persist during the forecast period.

This expansion can be due to elements, including the availability of creative and savory salty snacks, appealing container layouts, and the ease they provide for busy parents. For instance, kids ate 2.3 snacks each day on average. The demand for salty snacks in the US kids snack market is rising due to the development of new flavors and varieties by manufacturers to meet children's changing taste preferences.

𝐇𝐲𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭/𝐒𝐮𝐩𝐞𝐫𝐦𝐚𝐫𝐤𝐞𝐭 𝐂𝐡𝐚𝐧𝐧𝐞𝐥𝐬 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐞𝐝 𝐌𝐨𝐫𝐞 𝐓𝐡𝐚𝐧 𝐔𝐒$ 𝟔𝟐𝟗𝟒 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐒𝐚𝐥𝐞𝐬

The hypermarket/supermarket sector had a revenue of US$ 6294 million in 2022 and had a sizable portion of the market. The segment is likely to remain dominant during the forecast period.

Customers are drawn to these retail channels by the ease of discovering a wide selection of kid-friendly snacks under one roof and by promotional deals and discounts. Parents may find and select suitable selections more easily when there are designated aisles or areas for kid-friendly snacks. Although internet retail is expanding, parents continue to shop at hypermarkets and supermarkets for kids snacks, making them a crucial distribution channel in the US kids snacks market.

𝐀𝐜𝐜𝐞𝐬𝐬 𝐭𝐨 𝐌𝐨𝐫𝐞 𝐅𝐮𝐥𝐥 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐑𝐞𝐩𝐨𝐫𝐭@- https://www.astuteanalytica.com/industry-report/united-states-kids-snack-market

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

With numerous new businesses entering the snack-producing industry, the U.S. kid snacks market has grown highly fragmented. In order to maximize profits, each participant is therefore attempting to maximize sales and product penetration as a result of the introduction of new food products into current product lines.

According to the retail intelligence network, Hershey, Mondelez, and Hostess have increased their estimates for both sales and profit growth. The Standard & Poor's food and beverage index has increased by 4%, but the shares of Hershey and Mondelez have outstanding year-to-date increases of 21% and 18%, respectively.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬

• Nestle
• Kellogg
• PepsiCo
• Hershey
• Hain
• Other Prominent Players

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐎𝐮𝐭𝐥𝐢𝐧𝐞

𝐓𝐡𝐞 𝐔𝐧𝐢𝐭𝐞𝐝 𝐒𝐭𝐚𝐭𝐞𝐝 𝐤𝐢𝐝𝐬 𝐬𝐧𝐚𝐜𝐤 𝐦𝐚𝐫𝐤𝐞𝐭 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐟𝐨𝐜𝐮𝐬𝐞𝐬 𝐨𝐧 𝐓𝐲𝐩𝐞 𝐚𝐧𝐝 𝐃𝐢𝐬𝐭𝐫𝐢𝐛𝐮𝐭𝐢𝐨𝐧 𝐜𝐡𝐚𝐧𝐧𝐞𝐥𝐬.

𝐁𝐲 𝐓𝐲𝐩𝐞

• Confectionery
• Salty
• Bakery
• Frozen
• Others
By Distribution Channel
• Hypermarket/Supermarket
• Convenience Store
• Specialty Store
• Online
• Others

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐜 𝐑𝐞𝐩𝐨𝐫𝐭@- https://www.astuteanalytica.com/request-sample/united-states-kids-snack-market

𝐀𝐛𝐨𝐮𝐭 𝐀𝐬𝐭𝐮𝐭𝐞 𝐀𝐧𝐚𝐥𝐲𝐭𝐢𝐜𝐚:

Astute Analytica is a global analytics and advisory company that has built a solid reputation in a short period, thanks to the tangible outcomes we have delivered to our clients. We pride ourselves in generating unparalleled, in-depth, and uncannily accurate estimates and projections for our very demanding clients spread across different verticals. We have a long list of satisfied and repeat clients from a wide spectrum including technology, healthcare, chemicals, semiconductors, FMCG, and many more. These happy customers come to us from all across the globe.

They are able to make well-calibrated decisions and leverage highly lucrative opportunities while surmounting the fierce challenges all because we analyze for them the complex business environment, segment-wise existing and emerging possibilities, technology formations, growth estimates, and even the strategic choices available. In short, a complete package. All this is possible because we have a highly qualified, competent, and experienced team of professionals comprising business analysts, economists, consultants, and technology experts. In our list of priorities, you-our patron-come at the top. You can be sure of the best cost-effective, value-added package from us, should you decide to engage with us.

Aamir Beg
Astute Analytica
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