Snack Subscription Market
Snack Subscription Market Analysis by Monthly, Quarterly, Half Yearly, and Annually for Kids and Adults from 2023 to 2033
Analysis of Snack Subscription Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Global Snack Subscription Market Outlook (2023 to 2033)
Newly-released snack subscription market analysis report by Fact.MR reveals that global sales of the snack subscription market in 2022 were held at US$ 107.5 million. With a CAGR of 13.9% from 2023 to 2033, the market is expected to reach a valuation of US$ 699 million by the end of the forecast period. Snack subscription revenue through monthly subscriptions is expected to generate significant revenue in the market, projected to grow at a CAGR of over 13.5% from 2023 to 2033.
| Attributes | Details |
|---|---|
|
Global Snack Subscription Market Size (2022) |
US$ 107.5 million |
|
Global Snack Subscription Market Size (2033) |
US$ 699 million |
|
Global Snack Subscription Market CAGR (2023 to 2033) |
13.9% |
|
U.S. Snack Subscription Market CAGR (2023 to 2033) |
12.6% |
|
Key Companies Covered |
|
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Revenue of Snack Subscription Market from 2018 to 2022 Compared to Demand Outlook for 2023 to 2033
As per the research of the Snack Subscription Market by Fact.MR - a market research and competitive intelligence provider, historically, from 2018 to 2022, the market value increased at around 80.2% CAGR. With an absolute dollar opportunity of US$ 508 million, the market is projected to reach a valuation of US$ 699 million by 2033.
What are the Key Drivers Influencing the Market Expansion?
Snack subscription is a service where consumers can sign up to receive regular deliveries of snacks directly to their doorstep regularly, typically monthly or quarterly. Snack subscription services typically offer a curated selection of snacks that are packaged and shipped to subscribers on a predetermined schedule. This may also offer customization options, allowing subscribers to choose snacks based on their preferences, dietary requirements, or health goals.
In 2018, the global snack food market was valued at around US$ 400 billion, while in 2020 the market increased from around US$ 450 billion to US$ 500 billion. The demand for snacks is rising due to a combination of changing lifestyles, evolving consumer preferences, innovation, and convenience channels. This has led to the rapid growth of the snack market, making it one of the fastest-growing segments in the food industry. Consumers are looking for easy ways to access a variety of snacks regularly without the need to go to physical stores. The growing need for snacks is expected to help the market grow in the future.
According to data from the European Snacks Association (ESA), in 2018, the total consumption of savory snacks in Europe was estimated to be around 3.7 million tonnes while the per capita consumption of snacks in the region ranged from 4 kg to 15 kg per person per year, varying by country. Global per capita consumption of snacks varies by region, country, and product category. Snack consumption patterns are influenced by factors such as cultural preferences, dietary habits, economic conditions, and lifestyle choices. The increased demand for snacks is expected to influence market growth in the upcoming years.
According to the Glanbia Nutritional Survey of Healthy Snacking Trends, in 2022, the five recent trends in the snacks market were the reduction of sugar, increment in protein, new formats, clean snacking, and focus on functional nutrition. The same survey claims that people have been munching to relieve the stress in their personal and professional lives. In the UK, 26% of men and 46% of women eat snacks to ease their frustration. The bachelors working away from home may not know how to prepare for themselves; they may turn to healthy snacking options regularly, which helps the market growth.
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Region-Wise Analysis
Which Region is projected to Garner Significant growth in the Market?
North America is a prominent shareholder in the market with a market size of US$ 41.8 million in 2022. The market in the country is estimated to reach US$ 74.2 million in 2023. It is projected that the region will have a market worth US$ 271.9 million by 2033.
In 2018, the total value of snack food product manufacturing in Canada was around US$ 4.06 billion which increased to reach US$ 4.65 billion in 2020. The Canadian snack production industry experienced significant growth due to the trend towards healthier and more sustainable snack options, reflecting changing consumer preferences and market dynamics. The growing consumption and production of snacks in Canada help the market growth.
Country-Wise Analysis:
United States Snack Subscription Market Analysis :
The market in the United States is expected to grow to be worth US$ 212.1 million by 2033, with an absolute dollar growth of US$ 147.6 million from 2023 to 2033. The market in the United States has grown at a CAGR of 77.7% from 2018 to 2022 and is expected to grow at a CAGR of 12.6% from 2023 to 2033.
In 2018, the United States is one of the largest snack markets in the world where per capita snack consumption is generally higher than in the rest of the world. According to data from the U.S. Department of Agriculture (USDA), the per capita consumption of salty snacks in the U.S. was estimated to be around 20 pounds per person. The increased demand for snacks in the United States helps the market grow.
United Kingdom Snack Subscription Market Analysis :
The market in the United Kingdom is expected to grow to be worth US$ 36.1 million by 2033, with an absolute dollar growth of US$ 25.4 million. The market in the country has grown at a CAGR of 78.2% from 2018 to 2022 and is expected to grow at a CAGR of 13% from 2023 to 2033.
The United Kingdom is both an importer and an exporter of snack foods. The import and export of snack foods can include various types of products, such as savory snacks, sweet biscuits, confectionery, and other snack items. For instance, in 2018, the UK's total imports of snack foods were valued at around US$ 1.62 billion, while the total exports were valued at about US$ 2.24 billion. The per capita consumption of snacks in the United Kingdom was around 5.5 kilograms in the same year. This indicates that the surge in demand for the consumption and production of snacks in the United Kingdom influences the market growth in the upcoming years.
China Snack Subscription Market Analysis:
In China, the market is expected to grow to be worth US$ 60.3 million with an absolute dollar growth of US$ 45.3 million. The market in China has grown at a CAGR of 82.7% from 2018 to 2022 and is expected to grow at a CAGR of 14.9% from 2023 to 2033.
In 2018, the sales of confectionery snacks in China were valued at around US$ 28.12 billion, while in 2020, they reached a value of around US$ 30.15 billion. The growth of confectionery snack sales in China can be attributed to factors such as increasing disposable incomes, changing consumer preferences, and urbanization, which resulted in greater demand for convenient and indulgent snack options. The growing demand for confectionery snacks in China helps with the market growth.
Japan Snack Subscription Market Analysis :
In Japan, the market is expected to grow to be worth US$ 51 million with an absolute dollar growth of US$ 36.3 million. The market in Japan has grown at a CAGR of 78.9% from 2018 to 2022 and is expected to grow at a CAGR of 13.3% from 2023 to 2033.
In 2020, food subscription sales in Japan were valued at around US$ 151 million, with a projected CAGR of 8% during the forecast period. Food subscriptions in Japan cover a wide range of product categories, including meal kits, ready-to-eat meals, snacks, desserts, beverages, and more. Japanese consumers are known for their diverse culinary interests and appreciation for regional and international cuisines, and food subscriptions offer a convenient way to explore different food options. The growing trend of subscription-based services in Japan influences market growth.
South Korea Snack Subscription Market Analysis :
The market in South Korea is expected to grow to be worth US$ 28.4 million by 2033, with an absolute dollar growth of US$ 20.9 million. The market in South Korea has grown at a CAGR of 81.4% from 2018 to 2022 and is expected to grow at a CAGR of 14.3% from 2023 to 2033.
The total retail value of savory snack sales in South Korea increased from around US$ 1.95 billion in 2016 to about US$ 2.48 billion in 2020, representing a CAGR of around 6% during the forecast period. The growing demand for savory snacks is expected to help the market grow in the upcoming years.
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Category-Wise Insights
Which Subscription Frequency of Snack Subscription is Projected to Witness the Fastest Growth?
Monthly Subscription is projected to witness significant growth with a CAGR of 79.2% from 2018 to 2022 and is projected to grow at a CAGR of 13.5% from 2023 to 2033.
Monthly subscriptions allow consumers to subscribe and pay every month, which can be more affordable and manageable for some compared to prepaid or longer-term subscriptions. This flexibility can attract a wider range of customers who prefer a shorter commitment or have varying snacking needs.
Through Which Subscription Type Is the Market Projected to Witness Significant Growth?
The market through prepaid subscriptions is projected to witness significant growth with a CAGR of 78% from 2018 to 2022 and is expected to grow at a CAGR of 13.1% from 2023 to 2033.
Prepaid subscription models offer convenience and flexibility to consumers as they can pay upfront for a fixed duration, typically for several months or even a year, and receive snacks regularly without worrying about monthly payments. This eliminates the need for frequent billing and payment transactions, making it a convenient option for consumers.
Prepaid subscription is projected to witness significant growth due to several factors such as convenience and flexibility to consumers, cost savings compared to monthly or quarterly billing models, increased retention and loyalty, and improved cash flow for businesses.
Competitive Analysis
Key players in the market are Universal Yums LLC, MunchPak, Thrive Market, Urthbox, fitsnack, Vegancuts, The Cravory, Bokksu, KetoKrate, and Variety Fun.
A few of the recent developments in the market are :
- In September 2021, Universal Yums announced the launch of a new subscription box featuring snacks from the United Kingdom, called the "Universal Yums UK Box." This expansion allowed subscribers to explore the flavors and treats of the UK through their subscription service.
- In July 2021, MunchPak unveiled a new partnership with Pringles, offering Pringles snacks as part of their monthly subscription boxes. This collaboration allowed subscribers to enjoy popular Pringles flavors from different countries as part of their MunchPak subscription.
Segmentation of the Snack Subscription Market
-
By Subscription Frequency :
- Monthly
- Quarterly
- Half Yearly
- Annually
-
By Subscription Type :
- Prepaid
- Postpaid
-
By Consumer Group :
- Kids
- Adults
-
By Region :
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2018-2022 and Forecast, 2023-2033 4.1. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis, 2018-2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (No. of Subscribers) Projections, 2023-2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Subscription Frequency 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis By Subscription Frequency, 2018-2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis and Forecast By Subscription Frequency, 2023-2033 5.3.1. Monthly 5.3.2. Quarterly 5.3.3. Half Yearly 5.3.4. Annually 5.4. Y-o-Y Growth Trend Analysis By Subscription Frequency, 2018-2022 5.5. Absolute $ Opportunity Analysis By Subscription Frequency, 2023-2033 6. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Subscription Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis By Subscription Type, 2018-2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis and Forecast By Subscription Type, 2023-2033 6.3.1. Prepaid 6.3.2. Postpaid 6.4. Y-o-Y Growth Trend Analysis By Subscription Type, 2018-2022 6.5. Absolute $ Opportunity Analysis By Subscription Type, 2023-2033 7. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Consumer Group 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis By Consumer Group, 2018-2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis and Forecast By Consumer Group, 2023-2033 7.3.1. Kids 7.3.2. Adult 7.4. Y-o-Y Growth Trend Analysis By Consumer Group, 2018-2022 7.5. Absolute $ Opportunity Analysis By Consumer Group, 2023-2033 8. Global Market Analysis 2018-2022 and Forecast 2023-2033, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis By Region, 2018-2022 8.3. Current Market Size Value (US$ Million) & Volume (No. of Subscribers) Analysis and Forecast By Region, 2023-2033 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2018-2022 and Forecast 2023-2033, By Country 9.1. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Trend Analysis By Market Taxonomy, 2018-2022 9.2. Market Size Value (US$ Million) & Volume (No. of Subscribers) Forecast By Market Taxonomy, 2023-2033 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Subscription Frequency 9.2.3. By Subscription Type 9.2.4. By Consumer Group 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Subscription Frequency 9.3.3. By Subscription Type 9.3.4. By Consumer Group 9.4. Key Takeaways 10. Latin America Market Analysis 2018-2022 and Forecast 2023-2033, By Country 10.1. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Trend Analysis By Market Taxonomy, 2018-2022 10.2. Market Size Value (US$ Million) & Volume (No. of Subscribers) Forecast By Market Taxonomy, 2023-2033 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Subscription Frequency 10.2.3. By Subscription Type 10.2.4. By Consumer Group 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Subscription Frequency 10.3.3. By Subscription Type 10.3.4. By Consumer Group 10.4. Key Takeaways 11. Europe Market Analysis 2018-2022 and Forecast 2023-2033, By Country 11.1. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Trend Analysis By Market Taxonomy, 2018-2022 11.2. Market Size Value (US$ Million) & Volume (No. of Subscribers) Forecast By Market Taxonomy, 2023-2033 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Subscription Frequency 11.2.3. By Subscription Type 11.2.4. By Consumer Group 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Subscription Frequency 11.3.3. By Subscription Type 11.3.4. By Consumer Group 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2018-2022 and Forecast 2023-2033, By Country 12.1. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Trend Analysis By Market Taxonomy, 2018-2022 12.2. Market Size Value (US$ Million) & Volume (No. of Subscribers) Forecast By Market Taxonomy, 2023-2033 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Singapore 12.2.1.5. Thailand 12.2.1.6. Indonesia 12.2.1.7. Australia 12.2.1.8. New Zealand 12.2.1.9. Rest of Asia Pacific 12.2.2. By Subscription Frequency 12.2.3. By Subscription Type 12.2.4. By Consumer Group 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Subscription Frequency 12.3.3. By Subscription Type 12.3.4. By Consumer Group 12.4. Key Takeaways 13. MEA Market Analysis 2018-2022 and Forecast 2023-2033, By Country 13.1. Historical Market Size Value (US$ Million) & Volume (No. of Subscribers) Trend Analysis By Market Taxonomy, 2018-2022 13.2. Market Size Value (US$ Million) & Volume (No. of Subscribers) Forecast By Market Taxonomy, 2023-2033 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Subscription Frequency 13.2.3. By Subscription Type 13.2.4. By Consumer Group 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Subscription Frequency 13.3.3. By Subscription Type 13.3.4. By Consumer Group 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2022 14.1.2.1. By Subscription Frequency 14.1.2.2. By Subscription Type 14.1.2.3. By Consumer Group 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2022 14.2.2.1. By Subscription Frequency 14.2.2.2. By Subscription Type 14.2.2.3. By Consumer Group 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2022 14.3.2.1. By Subscription Frequency 14.3.2.2. By Subscription Type 14.3.2.3. By Consumer Group 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2022 14.4.2.1. By Subscription Frequency 14.4.2.2. By Subscription Type 14.4.2.3. By Consumer Group 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2022 14.5.2.1. By Subscription Frequency 14.5.2.2. By Subscription Type 14.5.2.3. By Consumer Group 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2022 14.6.2.1. By Subscription Frequency 14.6.2.2. By Subscription Type 14.6.2.3. By Consumer Group 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2022 14.7.2.1. By Subscription Frequency 14.7.2.2. By Subscription Type 14.7.2.3. By Consumer Group 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2022 14.8.2.1. By Subscription Frequency 14.8.2.2. By Subscription Type 14.8.2.3. By Consumer Group 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2022 14.9.2.1. By Subscription Frequency 14.9.2.2. By Subscription Type 14.9.2.3. By Consumer Group 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2022 14.10.2.1. By Subscription Frequency 14.10.2.2. By Subscription Type 14.10.2.3. By Consumer Group 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2022 14.11.2.1. By Subscription Frequency 14.11.2.2. By Subscription Type 14.11.2.3. By Consumer Group 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2022 14.12.2.1. By Subscription Frequency 14.12.2.2. By Subscription Type 14.12.2.3. By Consumer Group 14.13. Singapore 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2022 14.13.2.1. By Subscription Frequency 14.13.2.2. By Subscription Type 14.13.2.3. By Consumer Group 14.14. Thailand 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2022 14.14.2.1. By Subscription Frequency 14.14.2.2. By Subscription Type 14.14.2.3. By Consumer Group 14.15. Indonesia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2022 14.15.2.1. By Subscription Frequency 14.15.2.2. By Subscription Type 14.15.2.3. By Consumer Group 14.16. Australia 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2022 14.16.2.1. By Subscription Frequency 14.16.2.2. By Subscription Type 14.16.2.3. By Consumer Group 14.17. New Zealand 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2022 14.17.2.1. By Subscription Frequency 14.17.2.2. By Subscription Type 14.17.2.3. By Consumer Group 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2022 14.18.2.1. By Subscription Frequency 14.18.2.2. By Subscription Type 14.18.2.3. By Consumer Group 14.19. South Africa 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2022 14.19.2.1. By Subscription Frequency 14.19.2.2. By Subscription Type 14.19.2.3. By Consumer Group 14.20. Israel 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2022 14.20.2.1. By Subscription Frequency 14.20.2.2. By Subscription Type 14.20.2.3. By Consumer Group 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Subscription Frequency 15.3.3. By Subscription Type 15.3.4. By Consumer Group 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. Universal Yums LLC 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. MunchPak 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Thrive Market 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Urthbox 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. fitsnack 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Vegancuts 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. The Cravory 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Bokksu 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. KetoKrate 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. Variety Fun 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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List Of Table
Table 1: Global Market Value (US$ Million) Forecast by Region, 2018-2033
Table 2: Global Market Volume (No. of Subscribers) Forecast by Region, 2018-2033
Table 3: Global Market Value (US$ Million) Forecast by Subscription Frequency, 2018-2033
Table 4: Global Market Volume (No. of Subscribers) Forecast by Subscription Frequency, 2018-2033
Table 5: Global Market Value (US$ Million) Forecast by Subscription Type, 2018-2033
Table 6: Global Market Volume (No. of Subscribers) Forecast by Subscription Type, 2018-2033
Table 7: Global Market Value (US$ Million) Forecast by Consumer Group, 2018-2033
Table 8: Global Market Volume (No. of Subscribers) Forecast by Consumer Group, 2018-2033
Table 9: North America Market Value (US$ Million) Forecast by Country, 2018-2033
Table 10: North America Market Volume (No. of Subscribers) Forecast by Country, 2018-2033
Table 11: North America Market Value (US$ Million) Forecast by Subscription Frequency, 2018-2033
Table 12: North America Market Volume (No. of Subscribers) Forecast by Subscription Frequency, 2018-2033
Table 13: North America Market Value (US$ Million) Forecast by Subscription Type, 2018-2033
Table 14: North America Market Volume (No. of Subscribers) Forecast by Subscription Type, 2018-2033
Table 15: North America Market Value (US$ Million) Forecast by Consumer Group, 2018-2033
Table 16: North America Market Volume (No. of Subscribers) Forecast by Consumer Group, 2018-2033
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2018-2033
Table 18: Latin America Market Volume (No. of Subscribers) Forecast by Country, 2018-2033
Table 19: Latin America Market Value (US$ Million) Forecast by Subscription Frequency, 2018-2033
Table 20: Latin America Market Volume (No. of Subscribers) Forecast by Subscription Frequency, 2018-2033
Table 21: Latin America Market Value (US$ Million) Forecast by Subscription Type, 2018-2033
Table 22: Latin America Market Volume (No. of Subscribers) Forecast by Subscription Type, 2018-2033
Table 23: Latin America Market Value (US$ Million) Forecast by Consumer Group, 2018-2033
Table 24: Latin America Market Volume (No. of Subscribers) Forecast by Consumer Group, 2018-2033
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2018-2033
Table 26: Europe Market Volume (No. of Subscribers) Forecast by Country, 2018-2033
Table 27: Europe Market Value (US$ Million) Forecast by Subscription Frequency, 2018-2033
Table 28: Europe Market Volume (No. of Subscribers) Forecast by Subscription Frequency, 2018-2033
Table 29: Europe Market Value (US$ Million) Forecast by Subscription Type, 2018-2033
Table 30: Europe Market Volume (No. of Subscribers) Forecast by Subscription Type, 2018-2033
Table 31: Europe Market Value (US$ Million) Forecast by Consumer Group, 2018-2033
Table 32: Europe Market Volume (No. of Subscribers) Forecast by Consumer Group, 2018-2033
Table 33: Asia Pacific Market Value (US$ Million) Forecast by Country, 2018-2033
Table 34: Asia Pacific Market Volume (No. of Subscribers) Forecast by Country, 2018-2033
Table 35: Asia Pacific Market Value (US$ Million) Forecast by Subscription Frequency, 2018-2033
Table 36: Asia Pacific Market Volume (No. of Subscribers) Forecast by Subscription Frequency, 2018-2033
Table 37: Asia Pacific Market Value (US$ Million) Forecast by Subscription Type, 2018-2033
Table 38: Asia Pacific Market Volume (No. of Subscribers) Forecast by Subscription Type, 2018-2033
Table 39: Asia Pacific Market Value (US$ Million) Forecast by Consumer Group, 2018-2033
Table 40: Asia Pacific Market Volume (No. of Subscribers) Forecast by Consumer Group, 2018-2033
Table 41: MEA Market Value (US$ Million) Forecast by Country, 2018-2033
Table 42: MEA Market Volume (No. of Subscribers) Forecast by Country, 2018-2033
Table 43: MEA Market Value (US$ Million) Forecast by Subscription Frequency, 2018-2033
Table 44: MEA Market Volume (No. of Subscribers) Forecast by Subscription Frequency, 2018-2033
Table 45: MEA Market Value (US$ Million) Forecast by Subscription Type, 2018-2033
Table 46: MEA Market Volume (No. of Subscribers) Forecast by Subscription Type, 2018-2033
Table 47: MEA Market Value (US$ Million) Forecast by Consumer Group, 2018-2033
Table 48: MEA Market Volume (No. of Subscribers) Forecast by Consumer Group, 2018-2033
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List Of Figures
Figure 1: Global Market Value (US$ Million) by Subscription Frequency, 2023-2033
Figure 2: Global Market Value (US$ Million) by Subscription Type, 2023-2033
Figure 3: Global Market Value (US$ Million) by Consumer Group, 2023-2033
Figure 4: Global Market Value (US$ Million) by Region, 2023-2033
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2018-2033
Figure 6: Global Market Volume (No. of Subscribers) Analysis by Region, 2018-2033
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2023-2033
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2023-2033
Figure 9: Global Market Value (US$ Million) Analysis by Subscription Frequency, 2018-2033
Figure 10: Global Market Volume (No. of Subscribers) Analysis by Subscription Frequency, 2018-2033
Figure 11: Global Market Value Share (%) and BPS Analysis by Subscription Frequency, 2023-2033
Figure 12: Global Market Y-o-Y Growth (%) Projections by Subscription Frequency, 2023-2033
Figure 13: Global Market Value (US$ Million) Analysis by Subscription Type, 2018-2033
Figure 14: Global Market Volume (No. of Subscribers) Analysis by Subscription Type, 2018-2033
Figure 15: Global Market Value Share (%) and BPS Analysis by Subscription Type, 2023-2033
Figure 16: Global Market Y-o-Y Growth (%) Projections by Subscription Type, 2023-2033
Figure 17: Global Market Value (US$ Million) Analysis by Consumer Group, 2018-2033
Figure 18: Global Market Volume (No. of Subscribers) Analysis by Consumer Group, 2018-2033
Figure 19: Global Market Value Share (%) and BPS Analysis by Consumer Group, 2023-2033
Figure 20: Global Market Y-o-Y Growth (%) Projections by Consumer Group, 2023-2033
Figure 21: Global Market Attractiveness by Subscription Frequency, 2023-2033
Figure 22: Global Market Attractiveness by Subscription Type, 2023-2033
Figure 23: Global Market Attractiveness by Consumer Group, 2023-2033
Figure 24: Global Market Attractiveness by Region, 2023-2033
Figure 25: North America Market Value (US$ Million) by Subscription Frequency, 2023-2033
Figure 26: North America Market Value (US$ Million) by Subscription Type, 2023-2033
Figure 27: North America Market Value (US$ Million) by Consumer Group, 2023-2033
Figure 28: North America Market Value (US$ Million) by Country, 2023-2033
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2018-2033
Figure 30: North America Market Volume (No. of Subscribers) Analysis by Country, 2018-2033
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2023-2033
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2023-2033
Figure 33: North America Market Value (US$ Million) Analysis by Subscription Frequency, 2018-2033
Figure 34: North America Market Volume (No. of Subscribers) Analysis by Subscription Frequency, 2018-2033
Figure 35: North America Market Value Share (%) and BPS Analysis by Subscription Frequency, 2023-2033
Figure 36: North America Market Y-o-Y Growth (%) Projections by Subscription Frequency, 2023-2033
Figure 37: North America Market Value (US$ Million) Analysis by Subscription Type, 2018-2033
Figure 38: North America Market Volume (No. of Subscribers) Analysis by Subscription Type, 2018-2033
Figure 39: North America Market Value Share (%) and BPS Analysis by Subscription Type, 2023-2033
Figure 40: North America Market Y-o-Y Growth (%) Projections by Subscription Type, 2023-2033
Figure 41: North America Market Value (US$ Million) Analysis by Consumer Group, 2018-2033
Figure 42: North America Market Volume (No. of Subscribers) Analysis by Consumer Group, 2018-2033
Figure 43: North America Market Value Share (%) and BPS Analysis by Consumer Group, 2023-2033
Figure 44: North America Market Y-o-Y Growth (%) Projections by Consumer Group, 2023-2033
Figure 45: North America Market Attractiveness by Subscription Frequency, 2023-2033
Figure 46: North America Market Attractiveness by Subscription Type, 2023-2033
Figure 47: North America Market Attractiveness by Consumer Group, 2023-2033
Figure 48: North America Market Attractiveness by Country, 2023-2033
Figure 49: Latin America Market Value (US$ Million) by Subscription Frequency, 2023-2033
Figure 50: Latin America Market Value (US$ Million) by Subscription Type, 2023-2033
Figure 51: Latin America Market Value (US$ Million) by Consumer Group, 2023-2033
Figure 52: Latin America Market Value (US$ Million) by Country, 2023-2033
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2018-2033
Figure 54: Latin America Market Volume (No. of Subscribers) Analysis by Country, 2018-2033
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2023-2033
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2023-2033
Figure 57: Latin America Market Value (US$ Million) Analysis by Subscription Frequency, 2018-2033
Figure 58: Latin America Market Volume (No. of Subscribers) Analysis by Subscription Frequency, 2018-2033
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Subscription Frequency, 2023-2033
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Subscription Frequency, 2023-2033
Figure 61: Latin America Market Value (US$ Million) Analysis by Subscription Type, 2018-2033
Figure 62: Latin America Market Volume (No. of Subscribers) Analysis by Subscription Type, 2018-2033
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Subscription Type, 2023-2033
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Subscription Type, 2023-2033
Figure 65: Latin America Market Value (US$ Million) Analysis by Consumer Group, 2018-2033
Figure 66: Latin America Market Volume (No. of Subscribers) Analysis by Consumer Group, 2018-2033
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Consumer Group, 2023-2033
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Consumer Group, 2023-2033
Figure 69: Latin America Market Attractiveness by Subscription Frequency, 2023-2033
Figure 70: Latin America Market Attractiveness by Subscription Type, 2023-2033
Figure 71: Latin America Market Attractiveness by Consumer Group, 2023-2033
Figure 72: Latin America Market Attractiveness by Country, 2023-2033
Figure 73: Europe Market Value (US$ Million) by Subscription Frequency, 2023-2033
Figure 74: Europe Market Value (US$ Million) by Subscription Type, 2023-2033
Figure 75: Europe Market Value (US$ Million) by Consumer Group, 2023-2033
Figure 76: Europe Market Value (US$ Million) by Country, 2023-2033
Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2018-2033
Figure 78: Europe Market Volume (No. of Subscribers) Analysis by Country, 2018-2033
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2023-2033
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2023-2033
Figure 81: Europe Market Value (US$ Million) Analysis by Subscription Frequency, 2018-2033
Figure 82: Europe Market Volume (No. of Subscribers) Analysis by Subscription Frequency, 2018-2033
Figure 83: Europe Market Value Share (%) and BPS Analysis by Subscription Frequency, 2023-2033
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Subscription Frequency, 2023-2033
Figure 85: Europe Market Value (US$ Million) Analysis by Subscription Type, 2018-2033
Figure 86: Europe Market Volume (No. of Subscribers) Analysis by Subscription Type, 2018-2033
Figure 87: Europe Market Value Share (%) and BPS Analysis by Subscription Type, 2023-2033
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Subscription Type, 2023-2033
Figure 89: Europe Market Value (US$ Million) Analysis by Consumer Group, 2018-2033
Figure 90: Europe Market Volume (No. of Subscribers) Analysis by Consumer Group, 2018-2033
Figure 91: Europe Market Value Share (%) and BPS Analysis by Consumer Group, 2023-2033
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Consumer Group, 2023-2033
Figure 93: Europe Market Attractiveness by Subscription Frequency, 2023-2033
Figure 94: Europe Market Attractiveness by Subscription Type, 2023-2033
Figure 95: Europe Market Attractiveness by Consumer Group, 2023-2033
Figure 96: Europe Market Attractiveness by Country, 2023-2033
Figure 97: Asia Pacific Market Value (US$ Million) by Subscription Frequency, 2023-2033
Figure 98: Asia Pacific Market Value (US$ Million) by Subscription Type, 2023-2033
Figure 99: Asia Pacific Market Value (US$ Million) by Consumer Group, 2023-2033
Figure 100: Asia Pacific Market Value (US$ Million) by Country, 2023-2033
Figure 101: Asia Pacific Market Value (US$ Million) Analysis by Country, 2018-2033
Figure 102: Asia Pacific Market Volume (No. of Subscribers) Analysis by Country, 2018-2033
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2023-2033
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2023-2033
Figure 105: Asia Pacific Market Value (US$ Million) Analysis by Subscription Frequency, 2018-2033
Figure 106: Asia Pacific Market Volume (No. of Subscribers) Analysis by Subscription Frequency, 2018-2033
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Subscription Frequency, 2023-2033
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Subscription Frequency, 2023-2033
Figure 109: Asia Pacific Market Value (US$ Million) Analysis by Subscription Type, 2018-2033
Figure 110: Asia Pacific Market Volume (No. of Subscribers) Analysis by Subscription Type, 2018-2033
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Subscription Type, 2023-2033
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Subscription Type, 2023-2033
Figure 113: Asia Pacific Market Value (US$ Million) Analysis by Consumer Group, 2018-2033
Figure 114: Asia Pacific Market Volume (No. of Subscribers) Analysis by Consumer Group, 2018-2033
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Consumer Group, 2023-2033
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Consumer Group, 2023-2033
Figure 117: Asia Pacific Market Attractiveness by Subscription Frequency, 2023-2033
Figure 118: Asia Pacific Market Attractiveness by Subscription Type, 2023-2033
Figure 119: Asia Pacific Market Attractiveness by Consumer Group, 2023-2033
Figure 120: Asia Pacific Market Attractiveness by Country, 2023-2033
Figure 121: MEA Market Value (US$ Million) by Subscription Frequency, 2023-2033
Figure 122: MEA Market Value (US$ Million) by Subscription Type, 2023-2033
Figure 123: MEA Market Value (US$ Million) by Consumer Group, 2023-2033
Figure 124: MEA Market Value (US$ Million) by Country, 2023-2033
Figure 125: MEA Market Value (US$ Million) Analysis by Country, 2018-2033
Figure 126: MEA Market Volume (No. of Subscribers) Analysis by Country, 2018-2033
Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2023-2033
Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2023-2033
Figure 129: MEA Market Value (US$ Million) Analysis by Subscription Frequency, 2018-2033
Figure 130: MEA Market Volume (No. of Subscribers) Analysis by Subscription Frequency, 2018-2033
Figure 131: MEA Market Value Share (%) and BPS Analysis by Subscription Frequency, 2023-2033
Figure 132: MEA Market Y-o-Y Growth (%) Projections by Subscription Frequency, 2023-2033
Figure 133: MEA Market Value (US$ Million) Analysis by Subscription Type, 2018-2033
Figure 134: MEA Market Volume (No. of Subscribers) Analysis by Subscription Type, 2018-2033
Figure 135: MEA Market Value Share (%) and BPS Analysis by Subscription Type, 2023-2033
Figure 136: MEA Market Y-o-Y Growth (%) Projections by Subscription Type, 2023-2033
Figure 137: MEA Market Value (US$ Million) Analysis by Consumer Group, 2018-2033
Figure 138: MEA Market Volume (No. of Subscribers) Analysis by Consumer Group, 2018-2033
Figure 139: MEA Market Value Share (%) and BPS Analysis by Consumer Group, 2023-2033
Figure 140: MEA Market Y-o-Y Growth (%) Projections by Consumer Group, 2023-2033
Figure 141: MEA Market Attractiveness by Subscription Frequency, 2023-2033
Figure 142: MEA Market Attractiveness by Subscription Type, 2023-2033
Figure 143: MEA Market Attractiveness by Consumer Group, 2023-2033
Figure 144: MEA Market Attractiveness by Country, 2023-2033
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- FAQs -
What value is the market estimated to reach in 2023?
The global market size is estimated to be valued at US$ 191 million in 2023.
What was the global market size in 2022?
The market was reported at US$ 107.5 million in 2022.
What valuation is the market estimated to reach by 2033?
The market is expected to reach a valuation of US$ 699 million by 2033.
What value CAGR did the market exhibit over the last 4 years?
The market registered a CAGR of 80.2% over the last 4 years.
What is the projected CAGR for the market from 2023 to 2033?
The market is projected to witness a CAGR of 13.9% from 2023 to 2033.
Through which subscription frequency is the market expected to witness significant demand?
The market through monthly subscriptions is projected to witness large demand with an expected CAGR of 13.5% from 2023 to 2033.
Through which subscription type the market is expected to witness significant demand?
The market is expected to garner significant demand through prepaid subscriptions, where it is expected to grow at a CAGR of 13.1% from 2023 to 2033.
What is the expected market size in the United States by 2033?
The market in the United States is projected to witness a market size of US$ 212.1 million by 2033 and is expected to grow at a 12.6% CAGR from 2023 to 2033.
Which are the key companies offering Snack Subscriptions?
Key players in the market are Universal Yums LLC, MunchPak, Thrive Market, Urthbox, fitsnack, Vegancuts, The Cravory, Bokksu, KetoKrate, and Variety Fun.
Snack Subscription Market