According to a new report, published by KBV research, The Global Fruit Snacks Market size is expected to reach $23.9 billion by 2030, rising at a market growth of 7.3% CAGR during the forecast period.
The Supermarkets & Hypermarkets segment is leading in the Global Fruit Snacks Market by Distribution Channel in 2022; thereby, achieving a market value of $9.5 billion by 2030. The growth is attributed to the sheer number of supermarkets & hypermarkets throughout the world. The segment's expansion is further accentuated by the quick development of retail infrastructure across developing nations. Additionally, as rapid delivery services gain popularity worldwide, supermarket chains follow the trend to get the most out of it.
The Organic segment is experiencing a CAGR of 10.5% during (2023 - 2030). Consumers concerned about the adverse effects of conventional agriculture on the environment find organic fruit snacks quite tempting. The demand for organic fruit snacks is expanding more quickly as are increasingly interested in organic fruit snacks with minimal added sugar. Also, the consumers these days are willing to spend more on quality foods resulting in growth in this segment.
The Freeze-Dried Fruits segment acquired maximum revenue share in the Global Fruit Snacks Market by Product in 2022; thereby, achieving a market value of $12.2 billion by 2030. Fruit snacks that have been freeze-dried are well-liked since they are convenient and portable. They are tempting for travel or on-the-go eating since they provide a portable, shelf-stable replacement for fresh fruit. Health-conscious customers are more likely to be drawn to freeze-dried fruit snacks which are made with real fruit rather than colors, artificial flavors, or preservatives.
The Berries segment is generating high revenue in the Global Fruit Snacks Market by Fruit Type in 2022; thereby, achieving a market value of $4.6 billion by 2030. Berries include mixed berries, cranberry, strawberry, and blueberry. Kids frequently enjoy berries because they often have a sweet or sour taste. Berries are now a popular choice for people looking for alternatives to animal-based food due to the growing popularity of vegan & plant-based diets.
The North America region dominated the Global Fruit Snacks Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $8.0 billion by 2030. The Europe market is anticipated to grow at a CAGR of 7.1% during (2023 - 2030). Additionally, The Asia Pacific market would experience a CAGR of 8% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/fruit-snacks-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country-wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Seneca Foods Corporation, General Mills, Inc., SunOpta, Inc., Kellogg Company, Keurig Dr Pepper, Inc., Mount Franklin Foods, LLC, Welch Foods, Inc., Sunkist Growers, Inc., Crispy Green, Inc., Chaucer Foods Ltd. (Pilgrim Food Group PLC).
By Distribution Channel
By Product
By Nature
By Fruit Type
By Geography
Companies Profiled
Unique Offerings 
