Fruit Snack Market Is Estimated To Increase At 7.8% CAGR By 2033
Worldwide fruit snack consumption currently amounts to a
market valuation of US$ 5.9 billion and is projected to
increase at 7.8% CAGR from 2023 to 2033. The global fruit
snacks market is forecasted to reach a value of US$ 12.5 billion by
the end of 2033.
Fact.MR, in its latest business intelligence study, depicts
the nuts and bolts of the global Fruit Snacks Market (フルーツスナックマーケット)
The report presents detailed information regarding the drivers, restraints,
opportunities and trends affecting market growth.
Each segment along with its sub-segment is analyzed in terms
of value and volume. Further, the report elaborates the market behavior of each
vendor operating in the Fruit Snacks market.
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Key Companies Profiled
- Welch
Foods Inc.
- The
Whitewave Foods Company
- SunOpta
- Kellogg
Co.
- Flaper
S.A.
- Chaucer
Foods Ltd.
- General
Mills Inc.
- Crispy
Green
- Sunkist
Growers
- Nutty
Goodness LLC
- Crunchies
Food Company
- Mount
Franklin Foods LLC
- PepsiCo
Key findings of the Fruit Snacks market study:
- Regional
breakdown of the Fruit Snacks market based on predefined taxonomy.
- Innovative
manufacturing processes implemented by Fruit Snacks vendors in detail.
- Region-wise
and country-wise fragmentation of the Fruit Snacks market to grasp the
revenue, and growth outlook in these areas.
- Changing
preferences among consumers across various regions and countries.
- Factors
(Positive and Negative) impacting the growth of the global Fruit Snacks
market.
Competitive Landscape :
Leading fruit snack manufacturers are deploying innovative
marketing campaigns to maximize their sales potential and bolster revenue
generation capacity over the coming years. Companies are also focusing on
launching new products to expand their product portfolio and gain a competitive
advantage over other market players.
- In
January 2023, Welch’s® Fruit Snacks and Flowcode announced the
launch of an interactive digital campaign called The Welch’s® Fruit Snacks
Big Game Giveaway featuring Mark Andrews, a professional football player.
- In
July 2022, RIND® Snacks, a manufacturer of functional whole-fruit snacks
announced the exclusive launch of Peach Chips. The limited-time product
offers stone fruit flavors with a crispy crunch.
Prime fruit snack suppliers are also focusing on mergers,
acquisitions, collaborations, and partnerships to bolster their market presence
and enlarge their market share in the global landscape.
- In
January 2023, the FMCG arm of Sanjay Ghodawat Group (SGG),
Ghodawat Consumer Limited (GCL) announced the acquisition of ‘To Be Honest
(TBH)’, a start-up offering unique vegetable and fruit snacks. The
acquisition strengthened GCL’s market presence in the Indian marketplace.
Key Segments of Fruit Snacks Industry Research
- By
Nature :
- Organic
- Conventional
- By
Distribution Channel :
- Modern
Trade
- Specialty
Stores
- Convenience
Stores
- Online
Stores
- Departmental
Stores/Mom & Pop Stores
- Drug
Stores & Pharmacies
- Travel
Retail
- By
Product Type :
- Sweets
& Savories
- Freeze
Dried
- Extruded
Strips
- Others
- Dairy
Products
- Beverages
- By
Region :
- North
America
- Latin
America
- Europe
- APAC
- MEA
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Queries addressed in the Fruit Snacks market report:
- Why
are the Fruit Snacks market players targeting region for increased product
sales?
- What
patented technologies are the players utilizing in the global Fruit Snacks
market?
- Which
regions are displaying the fastest growth in the Fruit Snacks market?
- What
are the underlying micro-macroeconomic factors affecting the global Fruit
Snacks market?
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of our experts and digital technologies. We thrive to provide innovative
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the clients’ requisites. Our analysts perform comprehensive research to offer
ins and outs of the current market situation. Clients across various time zones
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