Fruit Snacks Market is projected to witness more than 8.4% CAGR from 2019 to 2025

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Fruit Snacks Market Research Analysis and Trends
Report for 2019 - 2025
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Global Market Scenario of Fruit Snacks Industry

• Factors such as rising health concerns, busy
  hectic lifestyle and unhealthy eating habits in
  youngsters is propelling the market for fruit
  snacks market. Government initiatives such as
  marketing of products via brand ambassadors,
  conducting various health/food seminars and
  availability of food guide at hospitals, medical
  and other stores will further strengthen industry
  expansion.
• Increasing consumer awareness towards healthy
  eating habits, that aids in digestion, improved
  memory, heart health and stroke prevention will
  boost the demand for fruit snacks market.
  Expanding government interventions in the
  industry to promote health and wellness of the
  consumers will foster the industry share.
• Increasing obesity epidemic and other related
  diseases such as diabetes and hypertension has
  led to stringent regulations by the government
  worldwide on food safety and consumption
  patterns.
• Considering consumer comfort and preference and
  to sustain profits, manufacturers are approaching
  with innovative and ease in packaging of products
  along with increasing product affordability and
  availability in nearby stores. Most of the
  products are stored in disposable plastic
  packaging that does not need to be refrigerated
  therefore, they can be taken nearly anywhere.

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• Increasing purchasing power coupled with other
  factors such as increasing living standards,
  rising disposable income and changing trends
  towards convenience foods habits will boost the
  demand for vigorous food products in the market.
• Fruit Snacks Market from banana is expected to
  register over USD 1 billion by 2025. Bananas are
  rich in nutrients and helps control blood sugar
  levels and improve digestive health and are used
  to prepare variety of products including breads,
  jams, purees, jam, sauce, confectionary and other
  snacks. Rising demand for overall fruit snacks
  will propel the demand.
• Fruit snacks market through online retailers is
  expected to register over 9 CAGR up to 2025 in
  terms of revenue. Increasing number of internet
  users coupled with emergence of innovative
  technologies has surged the online consumption.
  Factors such as buying convenience, less time
  requirement and availability of hefty options
  will support the market expansion.

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360 Industry Analysis

• Asia Pacific holds around 12 share in global
  fruit snacks market in 2018. Key factors
  including increasing income, population growth,
  technological advancement and digital revolution
  will drive the fruit snacks market in the
  region.
• Emerging economies such as China and India play
  an important role in terms of production and
  consumption owing to changing lifestyle, rapid
  urbanization and rising working population.
  Greater demand for ready-to-eat and convenience
  foods will drive the fruit snacks market.

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Industry Background
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• Competitive Analysis
• The global fruit snacks market is highly
  fragmented market due to occurrence of various
  large, national, multinational players in the
  market. key industry participants include Sunkist
  Growers, SunOpta, General Mills, Welchs and
  Kellogg, Bare Foods, Crunchies Natural Food,
  Crispy Green, Flapper.
• For instance, General Mills in July 2018,
  introduced four new flavors in yogurt products.
  The launch of French style yogurt has increased
  the sales and profits for General Mills. Other
  notable players in the industry include Mount
  Franklin Foods, Nutty Goodness, Paradise,
  Whitewave Services and Tropical Foods, Ganong
  Bros Ltd, A.S. Watson Group, PT Monysaga Prima.

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