Packaged fruit snacks market to grow by 8.15% Y-O-Y from 2022 to 2023: High demand for low-calorie snacks will drive growth - Technavio

NEW YORK, Feb. 10, 2023 /PRNewswire/ -- 

Packaged fruit snacks market insights -

• Vendors: 15+, Including Chaucer Foods Ltd., Crispy Green Inc., Del Monte Food Inc., Ferrero International S.A., Ganong Bros, Jain Irrigation Systems Ltd., Mount Franklin Foods LLC, Nims Fruit Crisps Ltd., Peaceful Fruits, PIM Brands Inc., SunOpta Inc., SweetLife AG, The Kraft Heinz Co., Tong Garden Co. Ltd., Tree Top Inc., YumEarth, Danone SA, General Mills Inc., Kellogg Co., and PepsiCo Inc. among others
• Coverage: Key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Distribution channel (offline and online), product (sweet and savory packaged fruit snacks, beverage-type packaged fruit snacks, dairy-type packaged fruit snacks, and others), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

To understand more about the information services market, request a sample report

The packaged fruit snacks market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why Buy?

• Add credibility to strategy
• Analyzes competitor's offerings 
• Get a holistic view of the market

Grow your profit margin with Technavio- Buy the Report

The report includes historic market data from 2017 to 2021. In 2017, the packaged fruit snacks market was valued at USD 4,983.87 million. From a regional perspective, North America held the largest market share, valued at USD 1,785.22 million. The packaged fruit snacks market size is estimated to grow by USD 3,310.59 million from 2022 to 2027 at a CAGR of 8.87% according to Technavio.

Packaged fruit snacks market - Customer landscape
To help companies evaluate and develop growth strategies, the report outlines –

• Key purchase criteria
• Adoption rates
• Adoption lifecycle
• Drivers of price sensitivity
• For highlights on customer landscape analysis, download a sample!

Packaged fruit snacks market - Vendor insights

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including -

• Crispy Green Inc: The company offers packaged fruit snacks that are gluten-free, vegan, allergen-free and with no sugar added.
• Del Monte Food Inc: The company offers packaged fruit snacks in flavors such as Strawberry, Wildberry, Raspberry, Grape, Cherry and Mango.
• Ferrero International S.A: The company offers packaged fruit snacks with flavors such as red grapefruit, cherry mixed fruit, mango chunks and mandarin oranges.

Packaged fruit snacks market – Market dynamics

Major drivers – 

• Changing food consumption patterns
• High demand for low-calorie snacks
• Growing product availability through retail chains

KEY challenges – 

• Fluctuations in raw material costs
• Processed food is considered harmful to health.
• The rise in demand for fresh fruits

Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

What are the key data covered in this packaged fruit snacks market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the packaged fruit snacks market between 2023 and 2027
• Precise estimation of the size of the packaged fruit snacks market and its contribution to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the packaged fruit snacks market across North America, Europe, APAC, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of packaged fruit snacks market vendors

Gain instant access to 17,000+ market research reports. 

Technavio's SUBSCRIPTION platform

Related Reports:

Food Enzymes Market by Application, Product, and Geography - Forecast and Analysis 2023-2027: The food enzymes market is estimated to grow at a CAGR of 6.28% between 2022 and 2027. The size of the market is forecast to increase by USD 914.04 million. The increasing demand from the beverage industry is notably driving the market growth, although factors such as the availability of substitutes were valued at the market growth.

Fruits and Vegetables Ingredients Market by Application, Type, and Geography - Forecast and Analysis 2023-2027: The fruits and vegetables ingredients market is estimated to grow at a CAGR of 6.63% between 2022 and 2027. The size of the market is forecast to increase by USD 101.27 billion. The increased consumption of fruits and vegetables to maintain a healthier diet is notably driving the market growth, although factors such as the presence of stringent government rules may impede the market growth.

Browse for Technavio "Consumer Staples" Research Reports

Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Distribution Channel
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global packaged fruit snacks market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global packaged fruit snacks market 2017 - 2021 ($ million)

• 4.2 Distribution channel Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Distribution channel Segment 2017 - 2021 ($ million)

• 4.3 Product Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Product Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Distribution Channel

• 6.1 Market segments 
• Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 6.2 Comparison by Distribution Channel 
• Exhibit 32: Chart on Comparison by Distribution Channel
• Exhibit 33: Data Table on Comparison by Distribution Channel

• 6.3 Offline - Market size and forecast 2022-2027
• Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 6.4 Online - Market size and forecast 2022-2027
• Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Distribution Channel
• Exhibit 42: Market opportunity by Distribution Channel ($ million)

7 Market Segmentation by Product

• 7.1 Market segments 
• Exhibit 43: Chart on Product - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Product - Market share 2022-2027 (%)

• 7.2 Comparison by Product 
• Exhibit 45: Chart on Comparison by Product
• Exhibit 46: Data Table on Comparison by Product

• 7.3 Sweet and savory packaged fruit snacks - Market size and forecast 2022-2027 
• Exhibit 47: Chart on Sweet and savory packaged fruit snacks - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Data Table on Sweet and savory packaged fruit snacks - Market size and forecast 2022-2027 ($ million)
• Exhibit 49: Chart on Sweet and savory packaged fruit snacks - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Sweet and savory packaged fruit snacks - Year-over-year growth 2022-2027 (%)

• 7.4 Beverage-type packaged fruit snacks - Market size and forecast 2022-2027 
• Exhibit 51: Chart on Beverage-type packaged fruit snacks - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on Beverage-type packaged fruit snacks - Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on Beverage-type packaged fruit snacks - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Beverage-type packaged fruit snacks - Year-over-year growth 2022-2027 (%)

• 7.5 Dairy-type packaged fruit snacks - Market size and forecast 2022-2027 
• Exhibit 55: Chart on Dairy-type packaged fruit snacks - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Dairy-type packaged fruit snacks - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Dairy-type packaged fruit snacks - Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Dairy-type packaged fruit snacks - Year-over-year growth 2022-2027 (%)

• 7.6 Others - Market size and forecast 2022-2027
• Exhibit 59: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Product 
• Exhibit 63: Market opportunity by Product ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 APAC - Market size and forecast 2022-2027 
• Exhibit 77: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 101: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 UK - Market size and forecast 2022-2027
• Exhibit 105: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Chaucer Foods Ltd. 
• Exhibit 116: Chaucer Foods Ltd. - Overview
• Exhibit 117: Chaucer Foods Ltd. - Product / Service
• Exhibit 118: Chaucer Foods Ltd. - Key offerings

• 12.4 Crispy Green Inc. 
• Exhibit 119: Crispy Green Inc. - Overview
• Exhibit 120: Crispy Green Inc. - Product / Service
• Exhibit 121: Crispy Green Inc. - Key offerings

• 12.5 Danone SA 
• Exhibit 122: Danone SA - Overview
• Exhibit 123: Danone SA - Business segments
• Exhibit 124: Danone SA - Key news
• Exhibit 125: Danone SA - Key offerings
• Exhibit 126: Danone SA - Segment focus

• 12.6 Del Monte Food Inc. 
• Exhibit 127: Del Monte Food Inc. - Overview
• Exhibit 128: Del Monte Food Inc. - Business segments
• Exhibit 129: Del Monte Food Inc. - Key news
• Exhibit 130: Del Monte Food Inc. - Key offerings
• Exhibit 131: Del Monte Food Inc. - Segment focus

• 12.7 Ferrero International S.A. 
• Exhibit 132: Ferrero International S.A. - Overview
• Exhibit 133: Ferrero International S.A. - Product / Service
• Exhibit 134: Ferrero International S.A. - Key offerings

• 12.8 Ganong Bros 
• Exhibit 135: Ganong Bros - Overview
• Exhibit 136: Ganong Bros - Product / Service
• Exhibit 137: Ganong Bros - Key offerings

• 12.9 General Mills Inc. 
• Exhibit 138: General Mills Inc. - Overview
• Exhibit 139: General Mills Inc. - Business segments
• Exhibit 140: General Mills Inc. - Key news
• Exhibit 141: General Mills Inc. - Key offerings
• Exhibit 142: General Mills Inc. - Segment focus

• 12.10 Jain Irrigation Systems Ltd. 
• Exhibit 143: Jain Irrigation Systems Ltd. - Overview
• Exhibit 144: Jain Irrigation Systems Ltd. - Business segments
• Exhibit 145: Jain Irrigation Systems Ltd. - Key offerings
• Exhibit 146: Jain Irrigation Systems Ltd. - Segment focus

• 12.11 Kellogg Co. 
• Exhibit 147: Kellogg Co. - Overview
• Exhibit 148: Kellogg Co. - Business segments
• Exhibit 149: Kellogg Co. - Key offerings
• Exhibit 150: Kellogg Co. - Segment focus

• 12.12 Mount Franklin Foods LLC 
• Exhibit 151: Mount Franklin Foods LLC - Overview
• Exhibit 152: Mount Franklin Foods LLC - Product / Service
• Exhibit 153: Mount Franklin Foods LLC - Key offerings

• 12.13 PepsiCo Inc. 
• Exhibit 154: PepsiCo Inc. - Overview
• Exhibit 155: PepsiCo Inc. - Business segments
• Exhibit 156: PepsiCo Inc. - Key news
• Exhibit 157: PepsiCo Inc. - Key offerings
• Exhibit 158: PepsiCo Inc. - Segment focus

• 12.14 SunOpta Inc. 
• Exhibit 159: SunOpta Inc. - Overview
• Exhibit 160: SunOpta Inc. - Business segments
• Exhibit 161: SunOpta Inc. - Key offerings
• Exhibit 162: SunOpta Inc. - Segment focus

• 12.15 The Kraft Heinz Co. 
• Exhibit 163: The Kraft Heinz Co. - Overview
• Exhibit 164: The Kraft Heinz Co. - Business segments
• Exhibit 165: The Kraft Heinz Co. - Key offerings
• Exhibit 166: The Kraft Heinz Co. - Segment focus

• 12.16 Tong Garden Co. Ltd. 
• Exhibit 167: Tong Garden Co. Ltd. - Overview
• Exhibit 168: Tong Garden Co. Ltd. - Product / Service
• Exhibit 169: Tong Garden Co. Ltd. - Key offerings

• 12.17 YumEarth 
• Exhibit 170: YumEarth - Overview
• Exhibit 171: YumEarth - Product / Service
• Exhibit 172: YumEarth - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 173: Inclusions checklist
• Exhibit 174: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 175: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 176: Research methodology
• Exhibit 177: Validation techniques employed for market sizing
• Exhibit 178: Information sources

• 13.5 List of abbreviations 
• Exhibit 179: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio