Snacking on the Rise

The Snacking Industry is witnessing a major shift in consumer preferences towards healthy yet flavorful products.

Companies have an exciting opportunity to capture this evolving market, but must successfully navigate the challenges of increasing ingredient costs, saturated markets, and fierce competition. Significant opportunities exist to drive growth through eCommerce, innovation, and alignment with health trends.

Innovation is forging unique strategic partnerships within the industry. Rather than invest in a new product launch or greenfield operations in a new geography, manufacturers are turning to M&A to fast track entry into a new category to gain market share.