Market Size of United States Children's Snack Bar Industry
Study Period | 2019 - 2024 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 411.89 Million |
Market Size (2029) | USD 455.44 Million |
CAGR (2024 - 2029) | 2.03 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
United States Children's Snack Bar Market Analysis
The United States Children's Snack Bar Market size is estimated at USD 411.89 million in 2024, and is expected to reach USD 455.44 million by 2029, growing at a CAGR of 2.03% during the forecast period (2024-2029).
Parents in the United States are constantly looking for healthy snack bars for their children that strike the right balance between taste and fun while being nutritious. Growing interest and knowledge among US parents in the use of growth-boosting nutrients in snack bars to support children’s development is pushing manufacturers to offer snack bar products with such nutrients or ingredients in the market. For instance, Yumi offers YUMI Clean Label Certified Organic Bar and Strawberry Rhubarb Baby Snacks. The product claims to be packed with 13 essential nutrients, such as fiber, iron, and vitamin B12. In addition, the product is backed by science and formulated for growing the brains and bodies of toddlers.
Moreover, with the rise in food allergies and dietary restrictions among children, there is a growing demand for snack bars that cater to specific allergens or dietary needs. Market players are capitalizing on the growing interest of consumers and offering children snack bar products that are in line with the parents' interests. For instance, in February 2023, This Saves Lives, a subsidiary of Good Worldwide, Upworthy, launched kids’ snack bars at 47 Costco Stores in the southeast region of the country. The product is claimed to be nut-free, dairy-free, gluten-free, and soy-free and packed with a combined full serving of vegetables and fruits. The product comes in two different flavors: Chocolate Chip “Dino” mite and S’mores Blast.