Report : North America Fruit Snacks Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Sweets and Savoury, Beverages, Dairy, Others); Fruit Family (Apple, Mango, Banana, Pineapple, Berry, Mixed, Others); and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailing, Others), and Country
Fruit Snacks Market Forecast to 2027 – COVID-19 Impact and North America Analysis – By Type (Sweets and Savoury, Beverages, Dairy, Others); Fruit Family (Apple, Mango, Banana, Pineapple, Berry, Mixed, Others); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailing, Others), and Country
According to our latest market study on “North America Fruit Snacks Market Forecast to 2027 – COVID-19 Impact and North America (NA) Analysis – By Type (Sweets and Savoury, Beverages, Dairy, Others); Fruit Family (Apple, Mango, Banana, Pineapple, Berry, Mixed, Others); Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online Retailing, Others), and Country,” the market was valued at US$ 1,653.17 million in 2019 and is projected to reach US$ 3,027.70 million by 2027; it is expected to grow at a CAGR of 8.0% during the forecast period. The report highlights key factors driving the market growth and prominent players, along with their developments in the market.
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Fruit snacks are processed and enriched sugary foods specially made for children. The main ingredient in these snacks is refined sugar, extracted from white grape juice and apple juice. These snacks are similar to the gummy candies and come in several delicious flavors such as strawberry, raspberry, orange, white grape, and many more. Besides this, fruit-based snacks are produced by adding fruits in beverages and dairy products such as yogurt, smoothies, and others to boost their nutritional aspect and enhance their taste. Fruit snacks are full of nutritional content as they contain essential nutrients such as potassium, vitamins, magnesium, and fiber, which help mitigate cardiovascular diseases, high blood pressure, and obesity. The growing demand of consumers for healthy and convenience food products and increasing consciousness towards health benefits with fruit consumption is expected to facilitate market growth.
The increasing demand for dietary ingredients in food, beverages, sweets, savoury, and dairy industries is expected to surge the fruit snacks demand over the forecast period. Also, the growing demand for healthy snacks and refreshments, which have a rich nutritional profile, and the rising demand for high nutrient content, fat, and gluten-free fruit snacks are expected to escalate. The easy digestive properties are expected to boost fruit snacks' popularity among adults and working women, supporting product demand.
The North America Fruit Snacks market is concentrated with a few well-established players such as Bare Snacks, Crispy Green Inc., General Mills Inc., Ferrero, Mount Franklin Foods, LLC, Nutty Goodness, LLC, Seneca Foods, Sunkist Growers, Inc., SunOpta, and Welch's.
Impact of COVID-19 Pandemic on Fruit Snacks Market
The US has the highest number of confirmed cases of COVID-19, as, compared to Canada and Mexico. This is likely to impact the food and beverage industry in the region as, due to the COVID-19 outbreak, the supply and distribution chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.
The report includes the segmentation of the North America Fruit Snacks market as follows:
By Fruit Family
By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retailing
- By Country
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