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
- To understand the Fruit Snacks market landscape and identify market segments that are most likely to guarantee a strong return
- To stay ahead by comprehending the ever-changing competitive landscape for the Fruit Snacks market
- To efficiently plan M&A and partnership deals in the Fruit Snacks market by identifying market segments with most promising probable sales
- To take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segments in the Fruit Snacks market
- To obtain market revenue forecast for market by various segments from 2018 to 2027
North America Fruit Snacks Market Segmentation
- Sweet and Savoury
- Beverages
- Dairy
- Others
By Fruit Family
- Apple
- Mango
- Banana
- Pineapple
- Berry
- Mixed
- Others
By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Retailing
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- Bare Snacks
- Crispy Green Inc.
- General Mills Inc.
- Ferrero
- Mount Franklin Foods, LLC
- Nutty Goodness, LLC
- Seneca Foods
- Sunkist Growers, Inc.
- SunOpta
- Welch's
North America Fruit Snacks Market Strategic Insights
North America Fruit Snacks Market Report Highlights
| 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 | US, Canada, Mexico |
| Market leaders and key company profiles |
|
North America Fruit Snacks Market Country and Regional Insights