The projected CAGR of the global Packaged Fruit Snacks Market through the forecast period is 9.5%, with an expected value of USD 10.87 Billion in 2028 from USD 5.38 Billion in 2020. The market is expected to witness significant growth due to the rising demand for healthy and nutritious snacks and the increasing population of health-conscious consumers. Additionally, the popularity of on-the-go, ready-to-eat, and convenience foods is expected to fuel market growth. Fruit snacks are particularly favored by children and young people due to their candy-like taste and easy-to-eat nature. These products are commonly packaged in sustainable plastic packaging, eliminating the need for refrigeration or storage.
Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/3824
Top Companies Operating in the Global Packaged Fruit Snacks Market Report:
Nutty Goodness, Welch's, Mount Franklin Foods, LLC, SunOpta, PepsiCo, General Mills Inc., Chaucer Foods Ltd., Kellogg NA Co., and Crispy Green Inc.
Restraint For Packaged Fruit Snacks Market:
- Price sensitivity: While fruit snacks are often marketed as a healthier snack option, they can be more expensive than other snacks. This can make them less attractive to price-sensitive consumers, especially in developing countries.
- Competition from other snack categories: Fruit snacks face competition from other snack categories, such as nuts, popcorn, and energy bars, which offer similar health benefits and convenience.
- Short shelf life: Fruit snacks have a relatively short shelf life compared to other snack categories, which can make it difficult for retailers to manage inventory and increase the risk of waste.
To read more about the report @ https://www.reportsanddata.com/report-detail/fruit-snacks-market
The global Packaged Fruit Snacks Market is segmented into:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Further market segmentation
Product Type Outlook (Revenue, USD Billion; 2018-2028)
- Sweet Savory
- Smoothies
- Cuts and Slices
- Dairy
- Others
Fruit Outlook (Revenue, USD Billion; 2018-2028)
- Mango
- Banana
- Apple
- Pineapple
- Mixed
- Others
Distribution Channel Outlook (Revenue, USD Billion; 2018-2028)
- Supermarkets Hypermarkets
- Convenience Stores
- Online Retailers
- Others
Key Questions Addressed in the Report:
- What are the dominating factors that are influencing the growth of the industry?
- In the forecast period, which market segment is expected to rise the most?
- What are the risks and challenges that the industry is facing?
- In the coming years, which area is projected to dominate the market?
- Who are the major players in the market? What kind of strategic business plans have they made?
Request a customization of the report @ https://www.reportsanddata.com/request-customization-form/3824
Thank you for taking the time to read our article. The report can be tailored to the needs of the client. Please contact us for more details, and our team will tailor the report to your specific requirements.
Browse More Research Reports
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Blog: https://www.reportsanddata.com/blogs
