According to Cognitive Market Research, the global Ready To Eat Snack market size will be USD 132154.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 9.70% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 187.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.9% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 39646.35 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 30395.54 million in 2024 and will grow at a compound annual growth rate (CAGR) of 11.7% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 6607.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.1% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 2643.09 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.4% from 2024 to 2031.
The Instant Breakfast/Cereals category is the fastest growing segment of the Ready To Eat Snack industry
