Published Date: 24-Jan-2022
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According to a new report Global Low Sugar Fruit Snacks Market, published by KBV research, The Global Low Sugar Fruit Snacks Market size is expected to reach $3,785.9 million by 2027, rising at a market growth of 10.8% CAGR during the forecast period.
The Fruit Bars market dominated the Global Low Sugar Fruit Snacks Market by Product in 2020, thereby, growing at a CAGR of 10.4 % during the forecast period. As, Fruit bars contain high nutritional value than fruits because nutrients are present in concentrated form, which makes them a convenient food product.
The Hypermarket & Supermarket market dominated the Global Low Sugar Fruit Snacks Market by Distribution Channels in 2020, and would continue to be a dominant market till 2027; growing at a CAGR of 10.2% during the forecast period. It is because the hypermarkets & supermarkets are popular among a huge consumer base and are generally situated in the central parts of every city. Due to the high accessibility and availability of a broad range of products from different brands, consumers get more choices to shop, which would fuel the growth of the segment.
The North America market dominated the Global Low Sugar Fruit Snacks Market by Region in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1,278.5 Million by 2027. The Europe market is exhibiting a CAGR of 10.4% during (2021 - 2027). Additionally, The Asia Pacific market would showcase a CAGR of 12.1% during (2021 - 2027).
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 PepsiCo, Inc., Nestle S.A., Danone, S.A., Ferrero Group, Calbee, Inc., Tyson Foods, Inc., Chaucer Foods Ltd. (Pilgrim Food Group PLC), Welch Foods, Inc., and WALLAROO.
By Distribution Channels
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