Dried Fruit Snacks Market report provides explanation about market trends, future prospects, market restraints, leading market drivers, market segments, key developments, key players in the market, and competitor strategies. Dried Fruit Snacks Market report is very consistent as all the data and information regarding the Food and Beverages industry is derived via authentic sources such as websites, journals, annual reports of the companies, and magazines. CAGR values mentioned in the report gives evaluations about the rise or fall of the product demand in the forecasted time period. Data and information included in this report aids businesses take superior decisions and improve return on investment (ROI).
Global Dried Fruit Snacks Market is expected to rise from its initial estimated value by registering a substantial CAGR of 6.1% during the forecast period of 2019-2026. This rise in market value can be attributed to the rising demand from the bakery products. Few of the major competitors currently working in global dried fruit snacks market are Rind Snacks, LLC, Truly Good Foods., Dole Packaged Foods LLC, Lion Raisins, JAB Dried Fruit Products, Bergin Fruit and Nut Company, Kiantama Oy, Sun-Maid Growers of California, Traina Foods, SUNBEAM FOODS and More
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- Rising demand from the food and beverages industry will drive the growth of market
- Increase demand for dried fruit snacks in confectionery industries is another reason for the market growth
- Growing awareness among the people for healthy diet may boost the market growth in the forecast period
- Penetration of the organic dry fruits in the market will also propel the growth of the market
Major Market Competitors: Red River Foods, Nuts., Geobres, Jiangsu Palarich Food Co.,Ltd., Decas Cranberry Products, Inc, SUNSWEET, Citadelle Maple Syrup Producers’ Cooperative, Ocean Spray, SOL SIMPLE LLC and Royal Nut Company among others
- High price of dried fruit snacks will hamper the market growth
- Stringent standards set by governments is also restraining the growth of the market
- Lack of standardized supply chain in developing countries may hinder the market growth in the forecast period
Table of Contents
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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Global dried fruit snacks market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of dried fruit snacks market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Global Dried Fruit Snacks Market Segmentation:
- By Fruit Type (Raisins (Dried Grapes),
- Tropical & Exotic Fruits, Berries),
- Form (Slices & Granulates, Powder, Whole Dried Fruits),
- Nature (Organic, Conventional),
- End User (Individual, Food Service Providers, Food Processing Industry),
- Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Key Developments in the Market:
- In June 2018, RIND provider of healthier snacks introduced the new line of dried-fruit snacks. The line is named as “Skin-on Super fruit” dried-fruit snacks having no sugar additives in it. The product offered by company comes with three different flavours to attract major base of target customers such as California kiwi, orchard and tropical flavours. The company is focused to provide the high nutritional value containing products in the market
- In June 2017, Truly Good Foods, a manufacturer of the snack food introduced the new products in the market. The new southern sweets products will offer the highest quality of nuts covered with sweet coating containing peanuts, praline nut and praline pecans. The company is focused to the customer base as well as to attract the masses in the market
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