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Global Fruit Snacks Market Report

  • Report Code: IQ1426
  • Published Date: November, 2022
  • Pages: 100

Industry Overview

The Fruit Snacks market was valued at $5,796.3 Million in 2022, and is projected to reach $8,488.9 Million by 2032 growing at a CAGR of 3.94% from 2023 to 2032.There are several market drivers and trends that have influenced the fruit snacks industry in recent years. One major trend has been the increasing demand for healthier snack options, which has led many fruit snack manufacturers to focus on using natural ingredients and reducing added sugars in their products. This trend has also been driven by concerns about obesity and the desire to incorporate more nutrient-rich foods into the diet. Another key driver has been the popularity of convenient, grab-and-go snack options, which has led to the development of single-serving fruit snack packs and other portable formats. In terms of opportunities, there is a growing demand for plant-based and vegan fruit snacks, as well as for products made from exotic or unusual fruits. There is also a trend towards customization and personalization, with consumers seeking out fruit snacks that cater to their specific dietary needs or preferences. In terms of top companies, some of the key players in the fruit snacks market include Welch's, General Mills, and Mondelez International. These companies have all made efforts to innovate and adapt to changing consumer trends, such as introducing new flavors, improving the nutritional profile of their products, and offering more convenient packaging options.

 

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