Fruit Snacks Market is expected to reach USD 13.95 billion by 2030, which is USD 6.51 billion in 2022, registering a CAGR of 10.00% during the forecast period of 2023 to 2030. The demand-supply environment, price strategy, profit margins, production, and value chain analysis are just a few of the major factors examined in this research. A wealth of unrealized prospects in local and regional markets are unlocked by regional analysis of the worldwide market for fruit snacks. Users can assess business shares analysis, new product lines, the potential for NPD in new markets, pricing tactics, innovation opportunities, and much more with the help of detailed company profiling.
The demand for meal replacements, an increase in the requirement for healthy snacking, and an increase in health concerns are what are driving the growth of the worldwide fruit snack market. Another factor driving the expansion of the fruit snack market is the desire for healthy elements like vitamins, potassium, minerals, and fibres that aid in the prevention and treatment of various ailments. Consumers favour meals, drinks, sweets, savoury, and dairy items with some nutritional content over conventionally processed food. The market is growing as a result of rising personal disposable income, an ageing population, an increase in per capita spending, and a rise in the popularity of fruit snacking among consumers as a healthy option.
Fruit snacks are reviving food items that include fruit juice or pulp from fruits including berries, bananas, apples, mangos, and pineapple as a main ingredient. Gelatin, corn syrup, sugar, fruit concentrate, water, and several artificial and natural flavours are used in the production and processing of these snacks. Popsicles, fruit sandwiches, drinkable jams, smoothies, fruit chunks, dips, jelly strips, and flavoured gummies are just a few of the common fruit snacks.
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Global Fruit Snacks Market: Major Players
General Mills
Welch’s
SunOpta
Peeled Snacks
Crispy Green
Paradise Fruits
Whitewave Services
Kellogg
Bare Foods
Crunchies Natural Food
Sunkist Growers
Mount Franklin Foods
Tropical Foods
Nutty Goodness
Flaper
Nourish Snacks
Global Fruit Snacks Market: Types
Beverages
Dairy
Sweets and Savoury
Others
Global Fruit Snacks Market: Applications
Supermarkets
Convenience Stores
General Stores
Online
Others
Global Fruit Snacks Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Fruit Snacks market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Objectives of the Study:
- To provide with an exhaustive analysis on the Market by Product, By Application, By End User and by Region.
- To predict the market size, in key regions- North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
- To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions
- To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
- To evaluate and forecast micro-markets and the overall market
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The Key Benefits Of The Report
- This study presents the analytical depiction of the global fruit snack industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report provides a detailed global fruit snack market analysis based on competitive intensity and how the competition will take shape in the coming years.
- The current market is quantitatively analyzed from 2023 to 2032 to highlight the global fruit snack market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global fruit snack market share.
