NORTH AMERICA FRUIT SNACKS RD
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
Pages: 117
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 North America Fruit Snacks 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 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 North America 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 North America Fruit Snacks market included in the report are 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.
Reasons to buy the report
North America Fruit Snacks Market Segmentation
By Fruit Family
By Distribution Channel
By Country
Company Profiles
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1,653.17 Million |
| Market Size by 2027 | US$ 3,027.70 Million |
| CAGR (2020 - 2027) | 8.0% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
North America
|
| Market leaders and key company profiles |
|
The North America Fruit Snacks Market is valued at US$ 1,653.17 Million in 2019, it is projected to reach US$ 3,027.70 Million by 2027.
As per our report North America Fruit Snacks Market, the market size is valued at US$ 1,653.17 Million in 2019, projecting it to reach US$ 3,027.70 Million by 2027. This translates to a CAGR of approximately 8.0% during the forecast period.
The North America 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 North America Fruit Snacks Market report:
The North America Fruit Snacks Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The North America Fruit Snacks Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the North America Fruit Snacks Market value chain can benefit from the information contained in a comprehensive market report.
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