Dried Fruit & Vegetable Snack Production in the US - Industry Market Research Report
Description
Dried Fruit & Vegetable Snack Production in the US
Dried fruit and vegetable snack producers benefited from consistent consumer demand and a growing emphasis to stay healthy, with customers incorporating dried fruits and vegetables to be consumed as snacks or as ingredients in other food products such as granola bars, baked goods and salads. Over the past five years, producers also benefited from improving economic conditions, prior to COVID-19. Operators have grown steadily as consumers have increasingly sought out healthier alternatives to traditional salty snacks. While operators' goods are more expensive than traditional snacks, as discretionary income grew, renewed consumer spending helped boost sales for fruit bars, vegetable chips and other mixed snack foods that include dried fruit and vegetables. These trends caused revenue to grow at a CAGR of 2.0% to an estimated $5.2 billion through the end of 2023, including an anticipated 5.3% spike in 2023 alone due to continuing consumer trends.
Dried fruit and vegetable manufacturers dehydrate and package purchased produce. These products are typically eaten by consumers as snacks or used as ingredients in salads and other meals.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Dried fruit and vegetable snack producers benefited from consistent consumer demand and a growing emphasis to stay healthy, with customers incorporating dried fruits and vegetables to be consumed as snacks or as ingredients in other food products such as granola bars, baked goods and salads. Over the past five years, producers also benefited from improving economic conditions, prior to COVID-19. Operators have grown steadily as consumers have increasingly sought out healthier alternatives to traditional salty snacks. While operators' goods are more expensive than traditional snacks, as discretionary income grew, renewed consumer spending helped boost sales for fruit bars, vegetable chips and other mixed snack foods that include dried fruit and vegetables. These trends caused revenue to grow at a CAGR of 2.0% to an estimated $5.2 billion through the end of 2023, including an anticipated 5.3% spike in 2023 alone due to continuing consumer trends.
Dried fruit and vegetable manufacturers dehydrate and package purchased produce. These products are typically eaten by consumers as snacks or used as ingredients in salads and other meals.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
46 Pages
- TABLE OF CONTENTS
ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources
INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations
COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization
MAJOR COMPANIES
OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
KEY STATISTICS
Industry Data
Annual Change
Key Ratios
JARGON & GLOSSARY
Search Inside Report
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
