Research and Markets - Global Packaged Fruit Snacks Market Growth at CAGR of 12.21%, 2017-2021: Drivers, Challenges & Trends - Key Players are General Mills, Kellogg, SunOpta, Sunkist Growers & Welch's

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Apr 19, 2017, 05:00 ET

DUBLIN, Apr 19, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Packaged Fruit Snacks Market 2017-2021" report to their offering.

The global packaged dried fruits and fruit snacks market to grow at a CAGR of 12.21% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global packaged dried fruits and fruit snacks market for 2017-2021. To calculate the market size, the report analyses the market potential for each product based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenario. The report also includes a discussion of the Key vendors operating in this market.

One trend in the market is growing preference for online shopping. It is expected that online grocery shopping platforms will become one of the key distribution channels during the forecast period. Speedy delivery and economical selling prices are major factors that will fuel the growth of this channel. This channel will also help small and local vendors to reach more consumers by marketing their products online. This can help manufacturers to promote their products on a national and international scale. For example, Walmart has an online store, which offers fruit snacks from brands all around the world.

According to the report, one driver in market is changing food consumption patterns. The past few years have witnessed a drastic rise in the occurrence of diabetes, digestive disorders, allergies, and obesity among the global population. With such health-related issues on the rise, most consumers have now consciously started opting for healthy diet plans a fact that is fueling the demand for foods like fruit snacks. The health-conscious population demands foods with fewer calories and with the optimal combination of essential nutrients. Hence, healthy eating has increased the demand for fresh foods as they unprocessed and contain vitamins, fibers, and naturally occurring minerals. This could drive the sales of some packaged super fruits like berries in their natural forms.

Further, the report states that one challenge in market is rise in demand for fresh fruits. People have become increasingly health-conscious and prefer a healthy diet, which will impede the growth of processed food products like fruit snacks. Fresh foods are those that are available in the raw state and have not undergone any form of thermal processing. They are not frozen, and no preservatives are added to them. There is a high demand for such products across the globe as consumers realize the health benefits that these fresh foods offer. Eating fresh produce provides an individual with more energy, reduces the effects of aging, and helps in reducing weight. Considering such factors, the stiff competition from fresh fruits will likely be a major challenge for the global packaged fruit snacks market in the next five years.

Key vendors

General Mills
Kellogg
SunOpta
Sunkist Growers
Welch's

Other prominent vendors

Flaper
Bare Foods
Crispy Green
Crunchies Natural Food
Mount Franklin Foods
Nourish Snacks
Nutty Goodness
Paradise Fruits
Peeled Snacks
Tropical Foods
Whitewave Services

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by product type

Part 07: Geographical segmentation

Part 08: Distribution channels

Part 09: Key leading countries

Part 10: Market drivers

Part 11: Impact of drivers

Part 12: Market challenges

Part 13: Impact of drivers and challenges

Part 14: Market trends

Part 15: Vendor landscape

Part 16: Key vendor analysis

Part 17: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/36l3gh/global_packaged

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SOURCE Research and Markets