Global Fruit Snacks Market is valued at approximately USD 5.9 billion 2021 and is anticipated to grow with a healthy growth rate of more than 9.2% over the forecast period 2022-2028.Fruit snacks, which also include a wide range of candies, are steadily taking over the food industry. This is a result of the fruit snacks’ benefits to your health.
For kids, it is their favourite snack. The rise in consumer health consciousness is one of the key factors anticipated to propel the market for fruit snacks during the forecast period. Additionally, it is anticipated that rising consumerism will further fuel the market for fruit snacks. .The range of products has expanded globally as a result of the rising demand for dairy products devoid of sugar and additives. With rising spending on product innovation in this category, yoghurts have been becoming more and more popular among consumers who are health-conscious. Arla Foods, a Danish dairy company, debuted Arla Bio Nur, an organic yoghurt, in September 2018.
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In Europe, yoghurt is available in tropical, strawberry, and red fruit flavours. A new yoghurt called Just 3 was introduced in January 2020 by Yoplait USA, Inc. Four flavours of the product are offered: mixed berry, strawberry, raspberry, and tropical.On the other hand, it is further anticipated that strict regulatory standards regarding product quality will impede the growth of the fruit snack market in the timeline period.Additionally, as consumers’ purchasing power rises, there may be more chances for the market for fruit snacks to expand in the years to come. However, the rise in the production expenses of fruit containing products might further challenge the growth of the fruit snacks market in the near future.
The key regions considered for the global Fruit Snacks marketstudy includeAsia Pacific, North America, Europe, Latin America, and Rest of the World.North America was leading the market. The majority of consumers eat these snacks to gain nutrition, sate cravings and stave off hunger in between meals. The region has a very high demand for ready-to-eat foods, particularly among the younger and more diverse population segments. Whereas from 2020 to 2028, Asia Pacific is predicted to have the highest CAGR with the rising per capita consumption and the growing population, this region could experience growth. In addition, it is anticipated that a rise in middle-class households and consumer health consciousness will increase demand for fruit snacks.
Major market players included in this report are:
Sunkist Growers Inc.
SunOpta
General Mills Inc.
Welch’s
Kellogg NA Co.
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PepsiCo
Chaucer Foods Ltd.
Crispy Green Inc.
Mount Franklin Foods
Nutty Goodness, LLC
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
ByProduct:
Sweet &Savory
Smoothies
Dairy
Cuts & Slices
By Fruit:
Apple
Mango
Banana
Pineapple
Berries
Mixed
Others
By Distribution Channel:
Supermarkets & Hypermarkets
Convenience Stores
Specialty Food Stores
Online Retailers
Others
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By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
Here is an overview of the different factual statements covered by the study:
- The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
- The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
- The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
- The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.
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