Global Fruit Snacks Market
The GMI Research forecasts that the Fruit Snacks Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the rising preference for ready-to-eat food products due to the consumers’ busy lifestyle.
Introduction of the Fruit Snacks Market:
Fruit snacks refer to processed and enriched sugary foods made especially for children. These snacks are similar to the gummy candies and eventuate n various delicious flavors such as strawberry, white grape, raspberry, and orange. The prime ingredient in these snacks is refined sugar, extricated from white grape and apple juice.
Key Players of the Global Fruit Snacks Market:
- Mount Franklin Foods, LLC
- Crispy Green Inc.
- Bare Foods Co.
- Welch’s
- Sunkist Growers Inc.
- Flaper SA
- Crunchies Natural Food Company, LLC
- Kellogg Co.
- General Mills, Inc.
- Sunkist Growers Inc.
Fruit Snacks Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Growth in the global fruit snacks market is primarily driven by the augmenting demand for the food snacks in the food processing industry and the increasing awareness concerned with health issues individuals have raised their preference for snacks rick with fruit content. In addition, the accelerating disposable income, mainly in emerging countries such as India, accompanied by the robust demand for convenient food options and intensification in the population rate, will create enormous opportunities for the market. The significant switch in the consumer’s choice towards healthy diet patterns is fuelling the market growth. Various multinational leaders are mainly emphasizing on introducing marketing strategies like launching famous actors or sports person as brand ambassadors in the advertisements. The ongoing product development, like the imitation of gluten-free products and massive investment in research and development activities to cater to the altering demand of the target audience, are other factors proliferating the market growth. On the other hand, the increasing number of regulatory standards by governments will directly hamper the growth.
Fruit Snacks Market Segmentation:
Segmentation by Type
- Sweets & Savoury
- Freeze Dried
- Extruded Strips
- Others
- Beverages
- Dairy
- Others
Segmentation by Fruit Family
- Apple
- Mango
- Banana
- Pineapple
- Berry
- Mixed
- Others
Segmentation by Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Online
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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