Fruit Snacks Market Trends, Growth Top Manufacturers, Competitive Analysis And Development Forecast

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Data Bridge Market Research analyses that the 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 noteworthy Fruit Snacks Market research report presents a telescopic view of the current market trends, developing goods, conditions, and prospects. It is a confirmed and consistent source of information. This information is really important for propelling corporate development. The report includes specific and current data regarding the needs, preferences, and varying tastes of consumers with regard to a given product. General market circumstances, the market's growth scenario, potential barriers, significant industry trends, market size, market share, sales volume, and future trends are all conservatively estimated in the Fruit Snacks Market Report.

Explore Further Details about This Research Fruit Snacks Market Report https://www.databridgemarketresearch.com/reports/global-fruit-snacks-market

A rise in demand for fiber-rich food products and an increasing requirement for important vitamins and minerals are anticipated to propel the market growth in the food aisles. Now, consumers continue to seek healthier substitutes. The growing trend of a good diet is serving to shape the snack market by introducing healthy product. Moreover, new healthy fruit snack products are being introduced to fulfill the augmented requirement for on-the-go nourishment. Furthermore, the fruit snacks market has developed, leading to a rise in demand for functional foods such as organic, micronutrient, plant-based, proteins, and fiber-rich for weight management, improving digestive health and lowering the risk of cardiovascular illnesses and obesity.

Data Bridge Market Research analyses that the 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.  

Market Definition

Fruit snacks are refreshment food products that contain fruit juice or pulp of pineapple, apple, mango, banana and berries as a major ingredient. These snacks are manufactured and processed by using gelatin, corn syrup, sugar, fruit concentrate, water and numerous artificial and natural flavors. Some of the normally available fruit snacks include popsicles, fruit sandwiches, drinkable jellies, smoothies, fruit chunks, dips, jelly strips and flavored gummies.

Drivers

  • Increasing demand of low calorie fruit snacks

Increasing cases of obesity and many others disease, which is also associated with obesity all over the globe is anticipated to increase the demand for the low calorie fruit snacks and drive the growth of the fruit snacks market. As per the estimates of World Health Organization, more than 1.9 billion adults were overweight of these over 650 million were obese in 2016. Furthermore, around 38 million children under the age of 5 year were obese or overweight in 2019 globally. Thus, increasing cases of obesity is a major factor augmenting the global market growth over the forecast period.

  • Increasing emergence of online retailers

The online retail platform has developed as an extremely convenient marketplace with the stromg presence of an extensive range of fruit snacks products. The major factor for the increasing sales of the fruit snacks is the growing convenience of the customers to compare, choose and buy their favored brands from the extensive spectrum of flavors available on the internet. Online retailers are dynamically focusing on the improvement of purchasing processes to deal with increasing demand for healthy snacks such as fruit snacks. This is in turn expected to drive the growth of the industry.

Recent development

  • In 2022, Naturipe Farms, Sunkist Growers and T&G Global's Envy Apple launched a new "Fruitastic" promotion for WildBrain's new animated Strawberry Shortcake series Berry in the Big City, which augmented the shopper’s basket expend by over 50%
  • In 2022, Kellogg's has introduced a new, limited-time “Pringles Wavy Chipotle Ranch” which will be both spicy and sweet. The introduction of this variant is driving the innovation of product  and thus, improving sales

Global Fruit Snacks Market Scope

The fruit snacks market is segmented on the basis of application, distribution channel and fruit family. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

  • Beverages
  • Dairy
  • Sweets
  • Savory
  • Others

 Distribution Channel

  • Supermarkets
  • Convenience Stores
  • General Stores
  • Online
  • Others

 Fruit Family

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

Some of the major players operating in the fruit snacks market are:

  • General Mills Inc. (U.S.)
  • Conagra Brands, Inc. (U.S.)
  • Cargill, Incorporated (U.S.)
  • Eat Natural (U.K.)
  • Maple Leaf Foods (Canada)
  • Quorn (U.K.)
  • Oumph! (U.K.)
  • Upton’s Natural (U.S.)
  • Hilary's - Drink Eat Well, LLC (U.S.)
  • ZELLE ORGANIC (U.S.)
  • Siren Snacks (U.S.)
  • Green Park Brands (U.K.)
  • PRIMAL SPIRIT FOODS INC. (U.S.)
  • LOUISVILLE VEGAN JERKY COMPANY (U.S.)
  • Nestle S.A. (Switzerland)
  • Unilever (U.K.)
  • Outstanding Foods, Inc. (U.S.)
  • Vegan Rob’s (U.S.)
  • Blue Diamond Growers (U.S.)
  • Nutrifusion L.L.C (U.S.)
  • Freeland Foods (U.S.)
  • Greenleaf Foods SPC (U.S.)
  • Danone S.A. (Switzerland)

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Fruit Snacks MarketFollowers, Regional player
  • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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