Fruit Snacks Market Size, Share, Trends & Forecast – 2027


 Fruit Snacks Market

The Fruit Snacks Market is expected to reach USD 9,182 million by the end of 2027, growing at a CAGR of 8.2% over the forecast period (2020-2027).

The factors driving the growth of Fruit Snacks Market includes growing demand for ready-to-eat food products around the world, rising popularity of gluten-free-snacks, increasing focus on improving the quality of fruit snacks. According to the report published by Statista, the Global Ready-To-Eat Market is estimated to reach USD 1,471.94 billion by the end of 2028, expanding at a CAGR of 5.4% over the forecast period (2022-2028) which will boost the Fruit Snacks Market share in the approaching years. Moreover, the easy availability of convenience food products at the supermarkets and e-commerce platforms, increasing investments by major corporations on social media marketing, celebrity endorsement of fruit snacks products and rise in the sales of fiber rich products, are some of the additional factors supplementing the market growth. In addition, rising emphasis on boosting  immunity, increase in the number of Free Trade Agreements (FTA) amongst Governments of different Countries and growing disposable incomes, are further contributing to the market growth.

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However, the growth of Fruit Snacks Market is hindered due to consumers perception about the harmful effect of consuming processed food items.

The prominent players operating in the market are Bare Foods Co., Crunchies Natural Food Company, LLC, Crispy Green Inc., Sunkist Growers Inc., SunOpta, General Mills, Inc., Flaper SA, Welch’s, Kellogg Co., and Mount Franklin Foods, LLC among others.

Type: Segment Analysis

Based on Type, the Sweets & Savoury segment is estimated to capture the largest market share during the forecast period attributed to growing demand for processed food products with high nutritional values

Distribution Channel

Based on Distribution Channel the Convenience Stores segment is projected to expand at a remarkable CAGR over the forecast period. The convenience stores offer wide range of fruit snacks products, provides huge discounts to their regular customer with free home delivery options, are the major factors propelling the segment’s growth.

In contrast, the Online segment is anticipated to dominate the market during the forecast period. The online platforms such as e-commerce stores are open 24*7 and offers attractive vouchers to customers along with rise in the number of smartphone users and increasing internet penetration rates, are some of the factors responsible for the segment’s growth.

Regional: Segment Analysis

Based on Region, the North American region is predicted to hold the highest market share during the forecast period. The innovations in the fruit snacks products, busy lifestyles, rise in the number of convenience stores and high per capita incomes, are some of the important factors influencing the market growth in North America

Market Segmentation

Global Fruit Snacks Market by Type

  • Sweets & Savoury
    • Freeze Dried
    • Extruded Strips
    • Others
  • Beverages
  • Dairy
  • Others

Global Fruit Snacks Market by Fruit Family

  • Apple
  • Mango
  • Banana
  • Pineapple
  • Berry
  • Mixed
  • Others

Global Fruit Snacks Market by Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Online

Global Fruit Snacks Market by Region

  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of APAC
  • North America
    • United States of America
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Rest of Europe
  • RoW
    • Brazil
    • South Africa
    • Saudi Arabia
    • UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

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