Packaged Fruit Snacks Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

Description

Packaged Fruit Snacks Market size was valued at USD x billion in 2021 and is expected to grow at a CAGR of 10.3% from 2022-2028. Fruit snacks are refreshment goods that contain the pulp or fruit juice of pineapple, mango, apples, banana, and berries as a critical ingredient. The snacks are processed and produced by means of brown sugar, corn syrup fruit concentrate, gelatin, water, and numerous artificial and natural flavors. Some of the frequently available fruit snacks comprise fruit chunks, smoothies, dips, fruit sandwiches, popsicles, flavored gummies, drinkable jellies, and jelly strips. They are also filled with added minerals, vitamins, and other nutrients essential for a balanced diet. As compared to other snacks based on gelatin, they provide improved storage convenience, higher nutritional content, and longer shelf life. The high dependency of people on snacks can lead to the packaged fruit snacks market growth. Moreover, the requirement for a healthier alternative and the increasing prevalence of certain diseases such as diabetes and low blood pressure, which may need some amount of food in between regular meals, are some primary factors that can boost the global packaged fruit snacks market growth. Apart from these, the reception of snacking goods like packaged fruit snacks by a high percentage of the population can also accelerate the market in the future. However, some factors, such as stringent governing standards concerning product quality, can restrain the growth of the market. The rise in the purchasing power of the customers can create an opportunity for the growth of the global packaged fruit snacks market share.