With 7.58% CAGR, Fruit Snacks Market Size to Reach US$ 8.6 Billion by 2027

According to the latest report by IMARC Group, titled “Fruit Snacks Market Size: Global Industry Trends, Share, Growth, Opportunity and Forecast 2022-2027″ The global fruit snacks market size reached US$ 5.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.6 Billion by 2027, exhibiting a growth rate (CAGR) of 7.58% during 2022-2027.

Fruit snacks refer to refreshment products containing fruit juice or pulp of apple, mango, pineapple, banana, and berries as essential ingredient. The snacks are usually processed and prepared using corn syrup, fruit concentrate, sugar, water, gelatin, and numerous natural and artificial flavors. Smoothies, fruit chunks, dips, popsicles, fruit sandwiches, flavored gummies, drinkable jellies, jelly strips, etc., are some of the commonly available fruit snacks.

Fruit Snacks Market

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Global Fruit Snacks Market Trends:

A significant rise in the food and beverage industry, along with the increasing consumer inclination towards ready-to-eat snacks and convenience food products, is primarily driving the market for fruit snacks. Moreover, the growing consumer health consciousness as fruit snacks help in minimizing the risks of cardiovascular diseases, controlling high blood pressure, reducing weight-related disorders, etc., is also propelling the market growth. Additionally, several product innovations, such as the advent of fruit snacks in exotic tropical fruit flavors produced by using non-genetically modified and organic ingredients, are further augmenting the global market. Aside from that, various key players are combining appealing packaging with aggressive promotional activities through online retail channels in order to reach a larger consumer base, which is expected to drive the market for fruit snacks in the coming years.

Global Fruit Snacks Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Bare Foods Co. (PepsiCo Inc), Brothers International Food Corporation, Chaucer Foods Ltd. (Pilgrim Food Group PLC), Crispy Green Inc., General Mills Inc., Kellogg Company, Nutty Goodness LLC, Sunkist Growers Incorporated, SunOpta Inc, The Hershey Company and Welch Foods Inc.

The report has segmented the market on the basis on region, product type, fruit type and distribution channel.

Breakup by Product Type:

  • Sweet and Savory Chips
  • Fresh Cuts and Slices
  • Candies and Bars
  • Dairy-Based
  • Others

Breakup by Fruit Type:

  • Apple
  • Mango
  • Banana
  • Pineapple
  • Berries
  • Mixed
  • Others

Breakup by Distribution Channel:

  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Specialty Food Stores
  • Online Stores
  • Others

Breakup by Region:

North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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