
Fruit Snacks Market Size, Share & Trends Analysis Report By Product (Sweet & Savory, Smoothies, Dairy, Cuts & Slices), By Fruit (Mixed, Apple), By Distribution Channel, By Region, And Segment Forecasts, 2020 - 2027
Description
Fruit Snacks Market Size, Share & Trends Analysis Report By Product (Sweet & Savory, Smoothies, Dairy, Cuts & Slices), By Fruit (Mixed, Apple), By Distribution Channel, By Region, And Segment Forecasts, 2020 - 2027
The global fruit snacks market size is expected to reach USD 9.93 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.2% from 2020 to 2027. The rising health consciousness among the millennials is a key factor driving the market. Furthermore, parents are opting for these healthy snack items for their children. These foods provide a wide range of vitamins and are generally low in fat. With the growing concerns about sugar content among the consumers, manufacturers have been introducing free from sugar additives or low in sugar products. In addition, the attractive packaging, along with the colorful appearance of the products, appeals to young consumers.
The sweet and savory product segment dominated the market with more than 45.0% share of the global revenue in 2019. This segment comprises an extensive range of products, including chips, gummies, and trail mixes. In May 2020, Perfetti Van Melle announced the launch of soft gummies under its Fruit-Tella brand in the U.S. These products have fruit puree as a key ingredient and they contain pectin in place of gelatin. These gummies are available in Peach and Mango and Strawberry and Raspberry flavors, shaped in playful variants.
The apple-based fruit snacks segment is projected to witness the fastest growth over the forecast period owing to its health benefits. In August 2019, Chiquita Brands International launched Chiquita Bites and Chiquita Sticks made with apple. Apple products offer vitamin C, fiber, and protein. Thus, these products are expected to gain traction as a healthy snacking food item in the upcoming years with the growing health concerns and demand for convenience foods
Fruit Snacks Market Report Highlights
The global fruit snacks market size is expected to reach USD 9.93 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 9.2% from 2020 to 2027. The rising health consciousness among the millennials is a key factor driving the market. Furthermore, parents are opting for these healthy snack items for their children. These foods provide a wide range of vitamins and are generally low in fat. With the growing concerns about sugar content among the consumers, manufacturers have been introducing free from sugar additives or low in sugar products. In addition, the attractive packaging, along with the colorful appearance of the products, appeals to young consumers.
The sweet and savory product segment dominated the market with more than 45.0% share of the global revenue in 2019. This segment comprises an extensive range of products, including chips, gummies, and trail mixes. In May 2020, Perfetti Van Melle announced the launch of soft gummies under its Fruit-Tella brand in the U.S. These products have fruit puree as a key ingredient and they contain pectin in place of gelatin. These gummies are available in Peach and Mango and Strawberry and Raspberry flavors, shaped in playful variants.
The apple-based fruit snacks segment is projected to witness the fastest growth over the forecast period owing to its health benefits. In August 2019, Chiquita Brands International launched Chiquita Bites and Chiquita Sticks made with apple. Apple products offer vitamin C, fiber, and protein. Thus, these products are expected to gain traction as a healthy snacking food item in the upcoming years with the growing health concerns and demand for convenience foods
Fruit Snacks Market Report Highlights
- Asia Pacific is expected to register the fastest CAGR of 10.3% from 2020 to 2027 owing to the rising health concerns and purchasing power of the consumers at the regional level
- The sweet and savory product segment dominated the market by accounting for over 45.0% share of the global revenue in 2019. The strong popularity of such products as snacking options among students and millennials at the global level is expected to remain a favorable factor for the segment growth in the near future
- By distribution channel, online retailers are expected to expand at the fastest CAGR of 10.9% from 2020 to 2027 due to the increasing adoption of e-commerce across the globe.
Table of Contents
80 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Distribution Channel Outlook
- 2.4. Competitive Insights
- Chapter 3. Fruit Snacks Market Variables, Trends & Scope
- 3.1. Market Introduction
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Sales/Retail Channel Analysis
- 3.3.2. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Challenges
- 3.4.4. Industry Opportunities
- 3.5. Business Environment Analysis
- 3.5.1. Industry Analysis - Porter’s
- 3.5.1.1. Supplier Power
- 3.5.1.2. Buyer Power
- 3.5.1.3. Substitution Threat
- 3.5.1.4. Threat from New Entrant
- 3.5.1.5. Competitive Rivalry
- 3.6. Roadmap of Fruit snacks Market
- 3.7. Market Entry Strategies
- 3.8. Impact of COVID-19
- Chapter 4. Consumer Behavior Analysis
- 4.1. Consumer Trends and Preferences
- 4.2. Factors Affecting Buying Decision
- 4.3. Consumer Product Adoption
- 4.4. Observations & Recommendations
- Chapter 5. Fruit Snacks Market: Product Estimates & Trend Analysis
- 5.1. Product Movement Analysis & Market Share, 2019 & 2027
- 5.2. Sweet & Savory
- 5.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 5.3. Smoothies
- 5.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 5.4. Dairy
- 5.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 5.5. Cuts & Slices
- 5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- Chapter 6. Fruit Snacks Market: Fruit Estimates & Trend Analysis
- 6.1. Fruit Movement Analysis & Market Share, 2019 & 2027
- 6.2. Apple
- 6.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 6.3. Mango
- 6.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 6.4. Banana
- 6.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 6.5. Pineapple
- 6.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 6.6. Berries
- 6.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 6.7. Mixed
- 6.7.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 6.8. Others
- 6.8.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- Chapter 7. Fruit Snacks Market: Distribution Channel Estimates & Trend Analysis
- 7.1. Distribution Channel Movement Analysis & Market Share, 2019 & 2027
- 7.2. Supermarkets & Hypermarkets
- 7.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.3. Convenience Stores
- 7.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.4. Specialty Food Stores
- 7.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.5. Online Retailers
- 7.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 7.6. Others
- 7.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- Chapter 8. Fruit Snacks market: Regional Estimates & Trend Analysis
- 8.1. Regional Movement Analysis & Market Share, 2019 & 2027
- 8.2. North America
- 8.2.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.2.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.2.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.2.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.2.5. The U.S.
- 8.2.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.2.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.2.5.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.2.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.3. Europe
- 8.3.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.3.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.3.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.3.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.3.5. Germany
- 8.3.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.3.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.3.5.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.3.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.3.6. The U.K.
- 8.3.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.3.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.3.6.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.3.6.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.4. The Asia Pacific
- 8.4.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.4.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.4.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.4.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.4.5. China
- 8.4.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.4.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.4.5.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.4.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.4.6. Japan
- 8.4.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.4.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.4.6.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.4.6.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.5. Central & South America
- 8.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.5.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.5.5. Brazil
- 8.5.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.5.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.5.5.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.5.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.6. The Middle East & Africa
- 8.6.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.6.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.6.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.6.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- 8.6.5. South Africa
- 8.6.5.1. Market estimates and forecast, 2016 - 2027 (USD Million)
- 8.6.5.2. Market estimates and forecast, by product, 2016 - 2027 (USD Million)
- 8.6.5.3. Market estimates and forecast, by fruit, 2016 - 2027 (USD Million)
- 8.6.5.4. Market estimates and forecast, by distribution channel, 2016 - 2027 (USD Million)
- Chapter 9. Competitive Analysis
- 9.1. Key global players, recent developments & their impact on the industry
- 9.2. Key Company/Competition Categorization (Key innovators, Market leaders, Emerging players)
- 9.3. Vendor Landscape
- 9.3.1. Key company market share analysis, 2019
- Chapter 10. Company Profiles
- 10.1. Sunkist Growers Inc.
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Strategic Initiatives
- 10.2. SunOpta
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Strategic Initiatives
- 10.3. General Mills Inc.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Strategic Initiatives
- 10.4. Welch's
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Strategic Initiatives
- 10.5. Kellogg NA Co.
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Strategic Initiatives
- 10.6. PepsiCo
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Strategic Initiatives
- 10.7. Chaucer Foods Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Strategic Initiatives
- 10.8. Crispy Green Inc.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Strategic Initiatives
- 10.9. Mount Franklin Foods
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Strategic Initiatives
- 10.10. Nutty Goodness, LLC.
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Strategic Initiatives
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