The North America Fruit Snacks Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).
Consumers' preference for low-calorie snacks is mainly responsible for the fruit snack market's overall health and wellness trend expansion. The market is expanding due to the availability of fruit snacks in grocery stores, convenience stores, and online retailers. The market is being driven by the introduction of novel tastes and goods that satisfy dietary requirements, like gluten-free, low-calorie, and vegan options. Therefore, the market is anticipated to grow more in the upcoming years.
With colorful packaging and appealing flavors and forms for younger consumers, several fruit snacks are marketed exclusively to this group. To attract the health-conscious consumers, many producers have recently begun adding functional fruit snack ingredients, such as probiotics and vitamins, to fruit snacks. These elements will support market expansion. Consumers are paying more attention to their health and wellness. They choose healthier snacks over conventional ones like chips and candy as they become more health conscious. Customers are looking for nutritious and low-calorie snack options, such as fruit snacks, that are free of artificial additives and are made with natural ingredients.
Several people in America lead hectic lifestyles and have little time to prepare meals for family. Due to increased time constraints caused by work pressure, childcare, and other factors people commonly choose convenience foods. In addition, the rise of supermarkets & hypermarkets, contemporary retail operations, and the high demand contribute to the simple availability. The United States has one of the greatest per capita incomes and, consequently, one of the largest discretionary spending amounts. This enhances their purchasing power and allows them to explore different foods products.
The US market dominated the North America Fruit Snacks Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.7 billion by 2030. The Canada market is estimated to grow at a CAGR of 9% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 8% during (2023 - 2030).
Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Convenience Stores, Online and Others. Based on Product, the market is segmented into Freeze Dried Fruits, Soft Chews, Fruit Roll-ups, Fruit Bars and Others. Based on Nature, the market is segmented into Conventional and Organic. Based on Fruit Type, the market is segmented into Berries, Mixed, Pineapple, Banana, Mango, Apple, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Fruit Snacks Market is Projected to reach USD 23.9 Billion by 2030, at a CAGR of 7.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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 Country
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