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. 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.
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
- Sweets & Savories
- By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
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?
Why choose Fact.MR?
Reports published by Fact.MR are a result of the combination of our experts and digital technologies. We thrive to provide innovative business solutions to the clients as well as tailor the reports aligning with the clients’ requisites. Our analysts perform comprehensive research to offer ins and outs of the current market situation. Clients across various time zones tend to utilize our 24/7 service availability.
Written By