Fruit Snacks Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2019 to 2027

Published on : Jan-2020 | List of Tables : 109 | List of Figures : 97 | No. of Pages : 170 | Report Code : FACT4476MR | Format :

Fruit Snacks Carving a Niche as Consumption Trends Abound

The global fruit snacks market is estimated to grow at a positive CAGR of over 8.5% during the forecast period (2019-2027) and reach a valuation of over US$ 9 Bn. Fruit snacks have been largely considered a traditional segment, but over the last decade in particular, converging trends have given rise to an explosion in newer forms and variants of 'fruit snacks'. The growth of the fruit snacks market is driven by increased product innovations across the global snacking industry offering exclusive taste and focused on health amendments. The rising demand for essential vitamins and minerals to boost immunity along with improved demand for fiber-enriched products will propel the fruits snacks market to greater heights. Changing customer tastes & preferences, ease of availability of exotic fruits and increased production underpinned by favorable trade policies would lead to the expansion of the market. A growing number of government initiatives are adding to consumer awareness and preferences when it comes to fostering sales of fruit snacks globally. Spurred by the increasing prevalence of epidemics related to obesity, many government organizations have begun promoting healthy living habits and urging people to rethink their dietary strategies. 

Ecommerce Segment to Witness Flourishing Sales on Back of Sophisticated Logistics

The short turnaround time to market and the quick flow of products within the company is what sets the fruit snacks industry apart through the e-commerce industry. Despite complex logistics processes and increasingly demanding consumers, the e-commerce segment amongst other sales channels will be the most lucrative with a CAGR growth rate of around 12% over the long-term forecast period. Customers across the entire e-commerce market are constantly seeking faster delivery. Big tech companies such as Amazon and Google are even beginning to offer delivery the same day to meet ever-increasing customer expectations.

Sweets & Savories to Witness High Growth Prospects Due to Differentiating Product Forms

The segment of sweet and savory accounted for over 37% of global demand for fruit snacks in 2018. Premium taste and affordability of products, are among the key factors that contribute to segmental growth. Several savory and sweet snacks are offered in different forms such as extruded strings, freeze-dried and trail mixes, thus fueling the growth of the category. Increasing demand for high nutrient content, fat and gluten free fruit snacks is also likely to escalate the expansion of the market.

Demand for Fruit Snacks in North America Heightens, with Focus on R&D 

The region of North America is expected to have the largest market share. Health-focused food habits among millennia will drive the growth of the global fruit snacks market. In addition, leading manufacturers that are delivering product development coupled with technological intervention, cold chain networking, and well-established distribution channel management in countries such as Canada and the United States are establishing their foothold in these regions. In addition, increasing awareness about nutritional content and key players' R&D spending will fuel the global fruit snacks Market.

global fruit snacks market 01

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Fragmented Market Structure with Continuous Investments to Create Prolific Snacking Platforms

The global fruit snacks market is fragmented in nature with a large number of internationally operating competitors such as General Mills Inc., Welch Foods, Kellogg Co. and SunOpta acquiring top shares. In 2019, The Ferrero Group acquired the fruit snacks business segment from Kellogg Co. with a US$ 1.3 Bn deal. With this acquisition, the company looks forward to strengthening its position in the North American market.

A variety of other value chain companies concentrate on improving the flavor and texture of end products to strengthen their position in the global fruit snacks market. The players are seen resorting to competitive pricing to overcome competition in such a crowded space. We also see their marketing strategy improving and concentrating on consistency and creativity. All of these factors are thought to improve the global market for fruit snacks.

global fruit snacks market 02

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Global Fruit Snacks Market - Scope of the Report

The following report provides forecast and analysis of the global fruit snacks market along with the historical data of 2013, estimated data 2019 and forecast data up to 2027 in terms of revenue (US$ Mn), according to a Fact.MR study. The research propounds critical trends that are currently influencing growth within the global fruit snacks market along with several macro-economic indicators. This newly published and insightful report on fruit snacks sheds light on key dynamics, and their impact on the overall value chain from suppliers to end-users, which are expected to transform the future of the global fruit snacks market.

The report also comprises the study of current issues with end users and opportunities for fruit snacks. It also contains value chain analysis, including the key market participants. To provide users of this report with a comprehensive view of the market, we have included a detailed competitive analysis about the key players involved in the market and strategic overviews. The dashboard included in the report provides a detailed comparison of fruit snacks manufacturers on parameters such as total revenue, product offerings, and key strategies. A list of key companies operating in the fruit snacks market provided in the report adds to the credibility of this exhaustive research study.

Global fruit snacks Market: In-Depth Assessment on Key Segments

The global fruit snacks market is segmented on the basis of nature, product type, distribution channel and region.

Nature Product Type Distribution Channel Region
Organic Sweets & Savories Modern Trade North America
Conventional Freeze Dried Specialty Stores Latin America
Extruded Strips Convenience Stores Europe
Others Online Stores APAC
Dairy Products Departmental Stores / Mom & Pop Stores MEA
Beverages Drug Stores & Pharmacies
Travel Retails

This taxonomy and the detailed toc prepared are confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than addressee(s) is unauthorized and prohibited. 

Country-specific assessment on demand for fruit snacks has been provided for each regional market, along with the market size valuation and forecast price point assessment, price index and impact analysis of key regional and country-wise dynamics, which were obtained through quotes from numerous fruit snacks manufacturers, experts, and suppliers. Y-o-Y growth projections have also been offered on all regional markets incorporated in the report. Moreover, future trends, growth prospects, and other possibilities related to the market have been answered in the report.

The report provides company-level market share analysis, which has been derived on the basis of the company’s annual sales and segmental revenue in all the target end-use industries. The market has been forecasted based on constant currency rates. The report provides detailed competitive and company profiles of key participants operating in the global market. Some of the major competitors operating in the fruit snacks market are Welch Foods Inc., General Mills Inc., Kellogg Co, SunOpta and others.

Global Fruit Snacks Market: Research Methodology

A number of primary and secondary sources were consulted during the course of the study. Secondary sources include Factiva, Morningstar and Hoovers, and company annual reports and publications. Comprehensive interviews have been conducted by our analysts, and the intelligence and insights obtained have been used for validating the information gained through secondary research. The report also includes a description of assumptions and acronyms utilized for research purposes. Data gathered has been validated using the triangulation method to offer useful quantitative and qualitative insights into the fruit snacks market.

A short market viewpoint offered in the report elucidates the macro-economic aspects that influence the growth of the fruit snacks market, which includes global GDP growth rate, various industries growth rate, such as the food & beverages and food processing industry. This report serves as an authentic resource of intelligence on the fruit snacks market, enabling the readers to take fact-based decisions on the future direction of their businesses.

1. Global Fruit Snacks Market - Executive Summary

    1.1. Summary of Key Findings

    1.2. Summary of Key Statistics

    1.3. Key Market Characteristics & Attributes

    1.4. Opportunity Assessment

    1.5. Fact.MR Analysis and Recommendations

2. Global Fruit Snacks Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market 

        3.1.1. Growing Demand for Fiber-Enriched Products

        3.1.2. Competitors Offering Sugar-Free Snacking Variety’s 

        3.1.3. Government Devised Nutritional Policies Fostering Sales

        3.1.4. Variety of Packaging Styles Drawing Interests

    3.2. Mega Trends

        3.2.1. Growing Preference for Easy and Balanced On-the-Go Snacking Choices

        3.2.2. Perishable Food Item Delivery By E-Commerce Giants

4. Market Background 

    4.1. Fruit Snacks Market – Claims Overview

        4.1.1. Gluten Free 

        4.1.2. No Preservatives

        4.1.3. Organic / Natural 

        4.1.4. Others

    4.2. Key Consumer Attributes while Purchasing Fruit Snacks Products

    4.3. Fruit Snacks Online Brand Landscape

    4.4. Fruit Snacks Percentage Demand Outlook By Products

        4.4.1. Cereals & Bars 

        4.4.2. Nuts & Seed Snacks

        4.4.3. Dried Fruit Snacks 

        4.4.4. Trail Mix Snacks 

        4.4.5. Others 

    4.5. Top Sought After Food/Nutrient for Health Issues 

        4.5.1. Protein  

        4.5.2. Vegetables 

        4.5.3. Vitamins & Minerals

        4.5.4. Food Ingredients 

        4.5.5. Dairy

        4.5.6. Others 

    4.6. Percentage Demand Share for Fruit Snacks by Fruit Types, 2019

        4.6.1. Apple 

        4.6.2. Mango 

        4.6.3. Banana

        4.6.4. Pineapple 

        4.6.5. Berry

        4.6.6. Grapes

        4.6.7. Mixed 

        4.6.8. Other Fruits 

    4.7. Global Fruits Industry -  Production Outlook

        4.7.1. By Region

        4.7.2. By Fruit Type

    4.8. Global Fruit Industry – Trade Analysis

        4.8.1. Global Import and Export Data

        4.8.2. List of Key Importing Countries

        4.8.3. List of Key Exporting Countries

    4.9. Investment Feasibility Matrix

    4.10. Porter Five Factor Analysis

    4.11. PESTLE Analysis

    4.12. Market White Space Assessment and Opportunity Analysis

    4.13. Recent Industry Developments 

    4.14. Macro-Economic Factors – Relevance & Impact 

        4.14.1. Global GDP Growth Outlook 

        4.14.2. Global Food & Beverages Industry Growth Outlook 

        4.14.3. Global E-Commerce Industry Growth Outlook 

        4.14.4. Global Urbanization Growth Outlook 

        4.14.5. Top Players Historical Growth Rate

    4.15. Value Chain Analysis

        4.15.1. List of Key Manufacturers 

        4.15.2. List of Key Channel Partners 

        4.15.3. Profitability Margins 

    4.16. Market Dynamics 

        4.16.1. Drivers 

        4.16.2. Industry Challenges

        4.16.3. Opportunities

    4.17. Consumer Survey Analysis

    4.18. Key Success Factors

5. Global Fruit Snacks Market Size (US$ Mn) Analysis and Forecast, 2013-2027

    5.1. Historical Market Value (US$ Mn) Analysis, 2013-2018

    5.2. Current and Future Market Value (US$ Mn) Forecast, 2019-2027

    5.3. Y-o-Y Growth Trend Analysis

6. Global Fruit Snacks Market - Pricing Analysis

    6.1. Fruit Snacks Pricing Analysis by Regions, 2018

    6.2. Key Factors Influencing Pricing

7. Global Fruit Snacks Market Value (US$ Mn) Analysis and Forecast 2013-2027

    7.1. Global Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

        7.1.1. Organic

        7.1.2. Conventional

    7.2. Global Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

        7.2.1. Sweets & Savories

            7.2.1.1. Freeze Dried 

            7.2.1.2. Extruded Strips 

            7.2.1.3. Others

        7.2.2. Dairy Products

        7.2.3. Beverages

    7.3. Global Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel

        7.3.1. Modern Trade

        7.3.2. Specialty Stores

        7.3.3. Convenience Stores

        7.3.4. Online Stores

        7.3.5. Departmental Stores / Mom & Pop Stores

        7.3.6. Drug Stores & Pharmacies

        7.3.7. Travel Retails

    7.4. Global Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Region

        7.4.1. North America

        7.4.2. Latin America

        7.4.3. Europe

        7.4.4. APAC

        7.4.5. MEA

8. North America Fruit Snacks Market Value (US$ Mn) Analysis  and Forecast 2013-2027

    8.1. North America Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Country

        8.1.1. US

        8.1.2. Canada

    8.2. North America Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

        8.2.1. Organic

        8.2.2. Conventional

    8.3. North America Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

        8.3.1. Sweets & Savories

            8.3.1.1. Freeze Dried 

            8.3.1.2. Extruded Strips 

            8.3.1.3. Others

        8.3.2. Dairy Products

        8.3.3. Beverages

    8.4. North America Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel

        8.4.1. Modern Trade

        8.4.2. Specialty Stores

        8.4.3. Convenience Stores

        8.4.4. Online Stores

        8.4.5. Departmental Stores / Mom & Pop Stores

        8.4.6. Drug Stores & Pharmacies

        8.4.7. Travel Retails

9. Latin America Fruit Snacks Market Value (US$ Mn) Analysis and Forecast 2013-2027

    9.1. Latin America Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Country

        9.1.1. Brazil

        9.1.2. Mexico

        9.1.3. Rest of Latin America

    9.2. Latin America Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

        9.2.1. Organic

        9.2.2. Conventional

    9.3. Latin America Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

        9.3.1. Sweets & Savories

            9.3.1.1. Freeze Dried 

            9.3.1.2. Extruded Strips 

            9.3.1.3. Others

        9.3.2. Dairy Products

        9.3.3. Beverages

    9.4. Latin America Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel

        9.4.1. Modern Trade

        9.4.2. Specialty Stores

        9.4.3. Convenience Stores

        9.4.4. Online Stores

        9.4.5. Departmental Stores / Mom & Pop Stores

        9.4.6. Drug Stores & Pharmacies

        9.4.7. Travel Retails

10. Europe Fruit Snacks Market Value (US$ Mn) Analysis and Forecast 2013-2027

    10.1. Europe Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Country

        10.1.1. EU-5

        10.1.2. BENELUX

        10.1.3. Nordics

        10.1.4. Eastern Europe

        10.1.5. Rest of Europe

    10.2. Europe Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

        10.2.1. Organic

        10.2.2. Conventional

    10.3. Europe Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

        10.3.1. Sweets & Savories

            10.3.1.1. Freeze Dried 

            10.3.1.2. Extruded Strips 

            10.3.1.3. Others

        10.3.2. Dairy Products

        10.3.3. Beverages

    10.4. Europe Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel

        10.4.1. Modern Trade

        10.4.2. Specialty Stores

        10.4.3. Convenience Stores

        10.4.4. Online Stores

        10.4.5. Departmental Stores / Mom & Pop Stores

        10.4.6. Drug Stores & Pharmacies

        10.4.7. Travel Retails

11. APAC Fruit Snacks Market Value (US$ Mn) Analysis and Forecast 2013-2027

    11.1. APAC Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Country

        11.1.1. Greater China 

        11.1.2. India

        11.1.3. Japan

        11.1.4. ASEAN Countries

        11.1.5. Australia & New Zealand

        11.1.6. Rest of APAC

    11.2. APAC Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

        11.2.1. Organic

        11.2.2. Conventional

    11.3. APAC Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

        11.3.1. Sweets & Savories

            11.3.1.1. Freeze Dried 

            11.3.1.2. Extruded Strips 

            11.3.1.3. Others

        11.3.2. Dairy Products

        11.3.3. Beverages

    11.4. APAC Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel

        11.4.1. Modern Trade

        11.4.2. Specialty Stores

        11.4.3. Convenience Stores

        11.4.4. Online Stores

        11.4.5. Departmental Stores / Mom & Pop Stores

        11.4.6. Drug Stores & Pharmacies

        11.4.7. Travel Retails

12. MEA Fruit Snacks Market Value (US$ Mn) Analysis  and Forecast 2013-2027

    12.1. MEA Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Country

        12.1.1. GCC Countries

        12.1.2. Turkey

        12.1.3. South Africa

        12.1.4. Northern Africa

        12.1.5. Rest of MEA

    12.2. MEA  Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

        12.2.1. Organic

        12.2.2. Conventional

    12.3. MEA Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

        12.3.1. Sweets & Savories

            12.3.1.1. Freeze Dried 

            12.3.1.2. Extruded Strips 

            12.3.1.3. Others

        12.3.2. Dairy Products

        12.3.3. Beverages

    12.4. MEA Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel

        12.4.1. Modern Trade

        12.4.2. Specialty Stores

        12.4.3. Convenience Stores

        12.4.4. Online Stores

        12.4.5. Departmental Stores / Mom & Pop Stores

        12.4.6. Drug Stores & Pharmacies

        12.4.7. Travel Retails

13. Global Fruit Snacks Market – Emerging Countries Analysis

    13.1. Market Proportion Analysis, By Key Countries

    13.2. Global Vs. Country Growth Comparison

    13.3. Greater China Market Value (US$ Mn) Analysis  and Forecast

        13.3.1. Greater China Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

            13.3.1.1. Organic 

            13.3.1.2. Conventional

        13.3.2. Greater China Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

            13.3.2.1. Sweets & Savories

                13.3.2.1.1. Freeze Dried 

                13.3.2.1.2. Extruded Strips 

                13.3.2.1.3. Others

            13.3.2.2. Dairy Products

            13.3.2.3. Beverages

        13.3.3. Greater China Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel 

            13.3.3.1. Modern Trade

            13.3.3.2. Specialty Stores

            13.3.3.3. Convenience Stores

            13.3.3.4. Online Stores

            13.3.3.5. Departmental Stores / Mom & Pop Stores

            13.3.3.6. Drug Stores & Pharmacies

            13.3.3.7. Travel Retails

    13.4. India Market Value (US$ Mn) Analysis  and Forecast

        13.4.1. India Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

            13.4.1.1. Organic 

            13.4.1.2. Conventional

        13.4.2. India Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

            13.4.2.1. Sweets & Savories

                13.4.2.1.1. Freeze Dried 

                13.4.2.1.2. Extruded Strips 

                13.4.2.1.3. Others

            13.4.2.2. Dairy Products

            13.4.2.3. Beverages

        13.4.3. India Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel 

            13.4.3.1. Modern Trade

            13.4.3.2. Specialty Stores

            13.4.3.3. Convenience Stores

            13.4.3.4. Online Stores

            13.4.3.5. Departmental Stores / Mom & Pop Stores

            13.4.3.6. Drug Stores & Pharmacies

            13.4.3.7. Travel Retails

    13.5. Brazil Market Value (US$ Mn) Analysis  and Forecast

        13.5.1. Brazil Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Nature 

            13.5.1.1. Organic 

            13.5.1.2. Conventional

        13.5.2. Brazil Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Type 

            13.5.2.1. Sweets & Savories

                13.5.2.1.1. Freeze Dried 

                13.5.2.1.2. Extruded Strips 

                13.5.2.1.3. Others

            13.5.2.2. Dairy Products

            13.5.2.3. Beverages

        13.5.3. Brazil Fruit Snacks Market Value (US$ Mn) Analysis 2013-2018 and Forecast 2019-2027, by Distribution Channel 

            13.5.3.1. Modern Trade

            13.5.3.2. Specialty Stores

            13.5.3.3. Convenience Stores

            13.5.3.4. Online Stores

            13.5.3.5. Departmental Stores / Mom & Pop Stores

            13.5.3.6. Drug Stores & Pharmacies

            13.5.3.7. Travel Retails

14. Competitive Assessment

    14.1. Global Fruit Snacks Market Structure

    14.2. Global Fruit Snacks Market Competition - A Dashboard View

    14.3. Global Fruit Snacks Market Company Share Analysis

    14.4. Global Fruit Snacks Competitor Market Footprint Matrix

    14.5. Key Participants Market Presence (Intensity Mapping) by Region

15. Company Profiles

    15.1. Welch Foods Inc.

        15.1.1. Company Overview

        15.1.2. Competition Standpoint

        15.1.3. Product Overview

        15.1.4. Key Financials

        15.1.5. Analyst Comments

    15.2. General Mills Inc.

        15.2.1. Company Overview

        15.2.2. Competition Standpoint

        15.2.3. Product Overview

        15.2.4. Key Financials

        15.2.5. Analyst Comments 

    15.3. SunOpta

        15.3.1. Company Overview

        15.3.2. Competition Standpoint

        15.3.3. Product Overview

        15.3.4. Key Financials

        15.3.5. Analyst Comments 

    15.4. Kellogg Co

        15.4.1. Company Overview

        15.4.2. Competition Standpoint

        15.4.3. Product Overview

        15.4.4. Key Financials

        15.4.5. Analyst Comments 

    15.5. Sunkist Growers

        15.5.1. Company Overview

        15.5.2. Competition Standpoint

        15.5.3. Product Overview

        15.5.4. Key Financials

        15.5.5. Analyst Comments 

    15.6. Crunchies Food Company

        15.6.1. Company Overview

        15.6.2. Competition Standpoint

        15.6.3. Product Overview

        15.6.4. Key Financials

        15.6.5. Analyst Comments 

    15.7. Crispy Green

        15.7.1. Company Overview

        15.7.2. Competition Standpoint

        15.7.3. Product Overview

        15.7.4. Key Financials

        15.7.5. Analyst Comments 

    15.8. Flaper S.A.

        15.8.1. Company Overview

        15.8.2. Competition Standpoint

        15.8.3. Product Overview

        15.8.4. Key Financials

        15.8.5. Analyst Comments 

    15.9. Mount Franklin Foods LLC

        15.9.1. Company Overview

        15.9.2. Competition Standpoint

        15.9.3. Product Overview

        15.9.4. Key Financials

        15.9.5. Analyst Comments 

    15.10. The Whitewave Foods Company

        15.10.1. Company Overview

        15.10.2. Competition Standpoint

        15.10.3. Product Overview

        15.10.4. Key Financials

        15.10.5. Analyst Comments

16. Fact.MR Research Methodology

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