Dried Fruit Snacks Market To Witness Excellent Growth And Strong Revenue By 2026

By Author: DBMR
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Market Analysis: Global Dried Fruit Snacks Market
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.
Market Definition: Global Dried Fruit Snacks Market
Dried fruit snacks are the form of healthy snacks which are made from the dried fruits such as dates, apricots, cherries, blueberries and many others. The dried fruit snacks contain very high nutritional value which helps to support the overall health and immune system of the body. Some might be free of added sugars which also provide the high nutritional value. Dried fruit snacks keep people healthy as hefting and restless schedule of the people need high nutritional value, for which daily meal is not sufficient they need some added nutrition’s from the snacks.
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Market Drivers:
...
... • 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
Market Restraints:
• 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
Segmentation: Global Dried Fruit Snacks Market
By Fruit Type
• Raisins (Dried Grapes)
 Natural Seedless
 Golden Seedless
 Black Currant
 Raisin Mix
 Sultana
 Muscat
 Manukka
• Tropical and Exotic Fruits
 Dates
 Apricots
 Dried Figs
 Banana
 Pineapple
 Mango
 Peaches
 Others
• Berries
 Cranberry
 Blueberry
 Raspberry
 Acai Berry
By Form
• Slices & Granulates
• Powder
• Whole Dried Fruits
By Nature
• Organic
• Conventional
By End User
• Food Processing Industry
o Baked goods
o Confectionery
o Beverages
o Soups
o Ready Meals
o Cereals & Snack Bars
• Individual
o Hypermarket/Supermarket
o Convenience Store
o Specialty Stores
o Traditional Grocery Stores
o Online Retailers
• Food Service Providers
By Geography
• North America
o U.S.
o Canada
o Mexico
• South America
o Brazil
o Argentina
o Rest of South America
• Europe
o Germany
o Sweden
o Poland
o Denmark
o Italy
o U.K.
o France
o Spain
o Netherlands
o Belgium
o Switzerland
o Turkey
o Russia
o Rest of Europe
• Asia-Pacific
o Japan
o China
o India
o South Korea
o New Zealand
o Vietnam
o Australia
o Singapore
o Malaysia
o Thailand
o Indonesia
o Philippines
o Rest of Asia-Pacific
• Middle East & Africa
o UAE
o Saudi Arabia
o Oman
o Qatar
o Kuwait
o South Africa
o Rest of Middle East and Africa
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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
Competitive Analysis:
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.
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Key Market Competitors:
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, 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
Research Methodology: Global Dried Fruit Snacks Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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