According to our latest market study on “Fruit Snacks Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type (Sweets and Savoury, Beverages, Dairy, and Others), Fruit Family (Apple, Mango, Banana, Pineapple, Berry, Mixed, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailing, and Others),” the market was valued at US$ 5,057.87 million in 2019 and is projected to reach US$ 9,174.86 million by 2027; it is expected to grow at a CAGR of 7.8% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players, along with their developments, in the market.
Read More
https://www.theinsightpartners.com/reports/fruit-snacks-market
Fruit snacks are processed and sugar-rich confectionery food, especially meant for children. The main ingredient in these snacks is refined sugar, extracted from white grape juice and apple juice. These snacks are similar to the gummy candies and come in several flavors such as strawberry, raspberry, orange, and white grape. Fruit snacks are full of nutritional content as they contain essential nutrients such as potassium, vitamins, magnesium, and fiber, which help mitigate cardiovascular diseases, high blood pressure, and obesity.
Surging demand for fruit snacks is attributed to the rise in purchasing power, and growing consumer preference toward healthy and ready-to-eat convenience food items. Further, with the growing food & beverages industry and improving economic conditions, consumers globally are inclined toward convenience foods. Consumers prefer fresh and less processed ready-to-eat products that are equally healthy and nutritious. With the expansion of distribution channels, convenience foods have found a shelf in the supermarkets and retail outlets. Additionally, the change in working demographics and busy lifestyles are among the other factors promoting the demand for convenience food items. Besides, major companies are coming up with the improved quality of fruit snacks and approaching efficient distribution channels to serve the broader customer base.
Bare Snacks; Crispy Green Inc.; General Mills Inc.; Ferrero; Mount Franklin Foods, LLC; Nutty Goodness, LLC ; Seneca Foods; Sunkist Growers, Inc.; SunOpta; and Welch's are among the well-established players in the fruit snacks market.
Impact of COVID-19 Pandemic on Fruit Snacks Market
The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. As of December 2020, the US, India, Brazil, Russia, France, the UK, Italy, Spain, Argentina, Colombia, Germany, and Mexico are among the worst-affected countries by this pandemic. The pandemic has affected economies and industries in various countries due to travel bans, lockdowns, and business shutdowns. Food and beverages is one of the world’s major industries suffering severe disruptions such as supply chain breaks, technology events cancellations, and office shutdowns due to the pandemic crisis. The lockdown of various plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East and Africa has disturbed the global supply chains, and manufacturing, delivery schedules, and product sales. Also, the travel bans imposed by countries in Europe, Asia, and North America are affecting business collaborations and partnership opportunities. With the adverse effect on the food and beverages industry, the COVID-19 pandemic restraining the growth of various markets related to this industry.
The global fruit snacks market is poised to grow at an impressive CAGR of over 8.5% and is estimated to reach a value pool of over US$ 9 Bn by the end of the forecast period (2019-2027).In this fruit snacks market study, the following years are considered to project the market footprint:History Year: 2013 - 2018Base Year: 2013Estimated Year: 2027Forecast Year: 2019 – 2027After reading the fruit snacks market report, readers can:Understand the drivers, restraints, opportunities and trends affecting the growth of the global fruit snacks market.Analyze key regions holding significant share of the total fruit snacks market revenue.Study the growth outlook of the global fruit snacks market scenario, including production, consumption, history and forecast.Learn consumption pattern and impact of each end use on the fruit snacks market growth.Investigate the recent R projects performed by each fruit snacks market player.The fruit snacks market report covers the following regions:North America (U.S., Canada)Latin America (Brazil, Mexico)Europe (NORDICS, BENELUX)APAC (India, Japan)MEA (Turkey, South Africa)Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S_id=4476On the basis of type, the fruit snacks market report considers the following segments:Sweets & SavoriesDairy ProductsBeveragesOn the basis of distribution channel, the fruit snacks market report includes:Modern TradeSpecialty StoresConvenience StoresOnline StoresDepartmental Stores / Mom & Pop StoresDrug Stores & PharmaciesTravel RetailsProminent fruit snacks market players covered in the report contain:Welch Foods Inc.General Mills Inc.SunOptaKellogg CoSunkist GrowersCrunchies Food CompanyCrispy GreenFlaper S.A.Mount Franklin Foods LLCThe Whitewave Foods CompanyThe behavior pattern of each player – new product launches, partnerships, and acquisitions – has been analyzed in the fruit snacks market report comprehensively.
In addition, the research encompasses the strengths, weaknesses, opportunities and threats of each fruit snacks market vendor in an in-depth manner.The fruit snacks market report answers important questions which include:What does the status of the fruit snacks market look like after the forecast period?Which region has the highest contribution to the global fruit snacks market and why?Which players remain at the top of the global fruit snacks market?What opportunities are available for the fruit snacks market players to expand their production footprint?Which segment has the maximum impact on the global fruit snacks market?Request for Report Methodology: https://www.factmr.com/connectus/sample?flag=RM_id=4476Why Opt For Fact.MR?
Various analysis methods to deliver precise market information.Digital technologies to facilitate clients with updated market solutions.Multi-disciplinary approach to provide accurate insights of different industries.Data collection from extensive primary and secondary research.Round-the-clock availability to serve clients across the world.
The Dried Fruit Snacks Market report focuses on global major leading market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information.
DBMR team is right there to help in the purchase decision by mapping information needs with a huge collection of reports.Global dried fruit snacks market is expected to rise from its initial estimated value by registering a substantial CAGR of 6.1% during the forecast period of 2019-2026.
This rise in market value can be attributed to the rising demand from the bakery products.For In-Depth Review | Get Sample PDF @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-dried-fruit-snacks-market Dried fruit snacks are the form of healthy snacks which are made from the dried fruits such as dates, apricots, cherries, blueberries and many others.
The dried fruit snacks contain very high nutritional value which helps to support the overall health and immune system of the body.
Dried fruit snacks keep people healthy as hefting and restless schedule of the people need high nutritional value, for which daily meal is not sufficient they need some added nutrition’s from the snacks.Global Dried Fruit Snacks Market Segmentation:Global Dried Fruit Snacks Market By Fruit Type (Raisins (Dried Grapes), Tropical & Exotic Fruits, Berries), Form (Slices & Granulates, Powder, Whole Dried Fruits)Nature (Organic, Conventional)End User (Individual, Food Service Providers, Food Processing Industry)Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)Table Of Contents Is Available Here @ https://www.databridgemarketresearch.com/toc/?dbmr=global-dried-fruit-snacks-market Key Market Competitors: Few of the major competitors currently working in global dried fruit snacks market are Rind Snacks, LLC, Truly Good Foods., Dole Packaged Foods LLC, Lion Raisins, JAB Dried Fruit Products, Bergin Fruit and Nut Company, Kiantama Oy, Sun-Maid Growers of California, Traina Foods, SUNBEAM FOODS, Red River Foods, Nuts., Geobres, Jiangsu Palarich Food Co.,Ltd., Decas Cranberry Products, Inc, SUNSWEET The detailed information covered in this market document is based on current trends and historic milestones.
Furthermore, insights into market experts opinions have been taken into consideration to understand the market better.
According to recent Fact.MR study, the Fruit Snacks market will grow at 8.5% during 2019-2027 period.
The global fruit snacks market is poised to grow at an impressive CAGR of over 8.5% and is estimated to reach a value pool of over US$ 9 Bn by the end of the forecast period (2019-2027).
The Fact.MR study largely attributes the projected growth to technological advancements in manufacturing techniques, and rising demand for products in the sector.An Expert Perspective According to Fact.MR experts, the growth of Fruit Snacks factors will remain key drivers to growth of the Fruit Snacks market.
A Real Insight Fact.MR promises to ready new investors in the world of digital age with information from key stakeholders in the industry, objective forecasts, and independent analysis of a wide range of viewpoints.
The company leverages information from key stakeholders of information including World Bank, the UNO, WHO, among others to tackle challenges of investing with due diligence, and reliability.
Request to View Sample of Report @ https://www.factmr.com/connectus/sample?flag=S_id=4476An Apt Forecast For the Fruit Snacks market, Fact.MR has considered 2014 as the base year for projections, while 2019-2027 period as the forecast period.
The Global Organic Dry Fruit Snacks Market was valued at USD 505.8 Million in 2019 and is projected to expand at a CAGR of 6.7% during the forecast period.
The market is expected to grow owing to the increase in the number of people choosing organic food, which is free of synthetic fertilizers and pesticides over other available food options.
