Press release
Fruit Snacks Market Growth Statistics Data, Geographical Overview, Factors Driving, Covid-19 Impact Analysis by 2025
The North America fruit snacks market is projected to garner noteworthy revenue growth owing to rising consumer awareness over personal health and fitness. Today, people are leading a sedentary lifestyle which might give rise to chronic diseases such as heart disorders, cholesterol, cancer, cardiovascular problems and blood pressure.In order to curb these diseases, a balanced diet and the intake of high protein food are necessary. As a result, consumers have started to incline more towards nutrient-enriched processed food and snacks to boost their daily protein intake. Additionally, growing product availability in different fruit options serving as low calorie and low sugar alternatives could enhance the demand for fruit snacks across North America.
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Global Fruit Snacks Market size was worth over USD 4.66 billion in 2018 and is projected to witness more than 8.4% CAGR from 2019 to 2025.
People from all age groups are including high-fiber snacks in their diet to meet their nutritional requirements and lower the risk of hypertension, diabetes, obesity and cardiovascular diseases. Based on these aspects, Global Market Insights, Inc., estimates that the North America fruit snack market size could cross USD 1.8 billion by the year 2026.
Regions include in Fruit Snacks market report are:
• Middle East and Africa Market (UAE, Egypt, Saudi Arabia, South Africa, Nigeria)
• North America Market (Canada, Mexico, U.S.)
• Asia Pacific Market (India, China, Korea, Southeast Asia)
• South America Market (Argentina, Brazil, Colombia)
• Europe Market (UK, Italy, Germany, France, Russia)
Elaborating on the regional aspect, the U.S. is considered to be a dominant force in the North America fruit snacks industry. The country has been witnessing a strong rise in the per capita consumption of fruit snacks. This can be contributed to factors like ease in product availability and a shift in consumer lifestyle. Technological developments in fruit processing systems could further enhance the quality and taste of the product and minimize the overall cost of production.
Companies operating in the North America fruit snacks industry are engaging in multiple business plans such as strategic acquisitions, mergers, joint ventures, production capacity expansion, new product launches, and partnerships to extend their business presence in untapped markets.
Taking July 2019 for instance, the Ferrero Group had signed an acquisition deal worth $1.3 billion with Kellogg’s fruit and fruit-flavored snack, pie crust, ice cream cone, and cookie businesses. These brands are all a part of Kellogg’s North America snacking enterprise.
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Extract from Table of Content:
Chapter 1: Introduction, Segmentation, Region, Drivers, Restrains, opportunities, Trends.
Chapter 2: Overview, Exclusive Summary - the basic information of the Fruit Snacks Market.
Chapter 3: Covers 15 Company Profile and contact information, Market Competition Scenario Analysis, Overview of Major Market Players, Displaying the Market Dynamics
Chapter 4: Presenting the Fruit Snacks Market Porters Five Forces analysis, Market Entropy, Patent/Trademark Analysis, Supply/Value Chain, PESTEL analysis.
Chapter 5: Displaying the Segments, And Region.
Chapter 6: Evaluating the leading players of the market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix, Company Profile
Chapter 7: Evaluate the market by segments, key countries and important players with revenue share and sales by key countries of various regions.
Chapter 8, 9: Displaying the Appendix, Methodology, About us and Data Source
Table of Contents Continuous….
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Email: sales@gminsights.com
Website: https://www.gminsights.com/
About Global Market Insights:
Global Market Insights Inc. is a global market research and management consulting company catering to leading corporations, non-profit organizations, universities and government institutions. Our main goal is to assist and partner organizations to make lasting strategic improvements and realize growth targets. Our industry research reports are designed to provide granular quantitative information, combined with key industry insights, aimed at assisting sustainable organizational development.
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