EUROPE FRUIT SNACKS RD
Fruit Snacks Market Forecast to 2027 – COVID-19 Impact and Europe 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
Pages: 108
Market Introduction
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.
Market Overview and Dynamics
The Europe Fruit Snacks market was valued at US$ 1,392.92 million in 2019 and is projected to reach US$ 2,504.74 million by 2027; it is expected to grow at a CAGR of 7.7% during the forecast period 2020-2027. 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.
Key Market Segments
By type, the sweet and savoury segment accounted for the largest market share in the Europe Fruit Snacks market in 2019. In terms of fruit family, the mixed segment held the largest market share of the Fruit Snacks market by 2027. In terms of distribution channel, the supermarket and hypermarket segment held the largest market share of the Fruit Snacks market by 2027
Major Sources and Companies Listed
Some of the major primary and secondary sources for Europe Fruit Snacks market included in the report are General Mills Inc., Ferrero, Sunkist Growers, Inc., and SunOpta.
Impact of COVID-19 Pandemic on Fruit Snacks Market
In Europe, currently Russia is the hardest-hit country by the COVID-19 outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries, as the country recorded the highest number of COVID-19 cases followed by France. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.
Reasons to buy the report
Europe Fruit Snacks Market Segmentation
By Type
By Fruit Family
By Distribution Channel
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1,392.92 Million |
| Market Size by 2027 | US$ 2,504.74 Million |
| CAGR (2020 - 2027) | 7.7% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Europe
|
| Market leaders and key company profiles |
|
The Europe Fruit Snacks Market is valued at US$ 1,392.92 Million in 2019, it is projected to reach US$ 2,504.74 Million by 2027.
As per our report Europe Fruit Snacks Market, the market size is valued at US$ 1,392.92 Million in 2019, projecting it to reach US$ 2,504.74 Million by 2027. This translates to a CAGR of approximately 7.7% during the forecast period.
The Europe Fruit Snacks Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Fruit Snacks Market report:
The Europe Fruit Snacks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Fruit Snacks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Fruit Snacks Market value chain can benefit from the information contained in a comprehensive market report.
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