Global Fruit Snacks Market

Global Fruit Snacks Market Size, Share, Growth Analysis, By Product(Sweet & Savory, Smoothies), By Fruit(Apple, Mango), By Distribution Channel(Hypermarkets & Supermarkets, Convenience Stores) - Industry Forecast 2024-2031

Report ID: SQMIG30I2149 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 96 | Figures: 76

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Global Fruit Snacks Market size was valued at around USD 4.44 billion in 2022 and is poised to grow from USD 4.76 billion in 2023 to USD 8.30 Billion by 2031, at a CAGR of 7.20 % during the forecast period (2024–2031).

There are many domestic and foreign competitors in the industry, resulting in an intense market competition. Manufacturers have introduced fresh, cutting-edge products at various price points in response to the growing worldwide demand. For instance, Rind treats, LLC will begin offering its "skin-on superfruit" treats in July 2021 with a Coco-Melon flavor. Similar to this, Go Organically introduced three organic fruit treats in August 2020: Fruit Medley (fruit medley includes strawberry, peach, apple, orange, and cherry), Mixed Berry (fruit medley includes strawberry, blueberry, raspberry, and blackberry), and Tropical bursts. (Includes mango, kiwi, pineapple, and mandarin orange). 'General Mills, Inc.', 'Kellogg Company', 'Welch's', 'The Hershey Company', 'Nestle S.A.', 'Mondelēz International, Inc.', 'The J.M. Smucker Company', 'Sunkist Growers, Inc.', 'SunOpta Inc.', 'The Kraft Heinz Company', 'KIND LLC', 'Stretch Island Fruit Co.', 'Crispy Green Inc.', 'Paradise, Inc.', 'Peeled Snacks', 'Natures Garden LLC', 'The Simply Good Foods Company', 'YumEarth', 'GoGo squeeZ', 'Made in Nature LLC.'

Consumers are increasingly becoming health conscious and prefer snacks that are low in calories, fat, and sugar. Fruit snacks provide a healthy alternative to traditional snacks that are high in calories and sugar.

There is a growing demand for natural and organic fruit snacks as consumers become more health-conscious and prefer to consume products that are free from chemicals and artificial ingredients.

In 2022, North America dominated the market and accounted for more than 35.0% of global revenues. The majority of consumers eat these snacks to sate cravings, cover a hunger gap in their diet between meals, and supplement their nutrition. The North American industry is dominated by the United States. The area has a very high demand for ready-to-eat foods, particularly among the younger and more diverse population segments. As a consequence, over the past few years, these snacks have gained more shelf space in retail establishments.

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