Fruit Snacks Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Fruit Snacks Market size was valued at USD 4.92 billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 9% from 2021 to 2027.

Fruit snacks are processed and sweet confectionery especially for children. The surge in demand for fruit snacks is driven by growing purchasing power and growing consumer preference for healthy, ready-to-eat foods. In addition, with the growth of the food and beverage industry and the improvement of economic conditions, consumers’ preference for convenience food is also increasing. Consumers prefer fresh, less processed ready-to-eat foods that are equally healthy and nutritious. The expansion of distribution channels has created shelves of convenience foods in convenience stores and retail stores. Additionally, changes in the working population and busy lifestyles are among other factors driving the demand for convenience foods. In addition, major companies are offering improved quality fruit snacks and efficient distribution channels to serve a larger customer base.

 

Market Segments

Fruit Snacks Market, byType

• Sweets and Savoury
• Beverages
• Dairy
• Others

Fruit Snacks Market, by Fruit Family

• Apple
• Mango
• Banana
• Pineapple
• Berry
• Mixed
• Others

Key Players

• Bare Snacks
• Crispy Green Inc.
• General Mills Inc.
• Ferrero
• Mount Franklin Foods, LLC
• Nutty Goodness, LLC
• Seneca Foods
• Sunkist Growers, Inc.

Scope of the Report

The research study analyzes the global Fruit Snacks industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Fruit Snacks Market Report

1. What was the Fruit Snacks Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Fruit Snacks Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Fruit Snacks Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.