Low Sugar Fruit Snacks Market Opportunities & Forecast 2022-2030

The global Low Sugar Fruit Snacks market size is expected to be worth around US$ 8.0 billion by 2030, according to a new report by Vision Research Reports.

The global Low Sugar Fruit Snacks market size was valued at US$ 2.9 billion in 2020 and is anticipated to grow at a CAGR of 10.7% during forecast period 2021 to 2030.

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Report Coverage

Report Scope Details
Market Size US$ 8.0 billion by 2030
Growth Rate CAGR of 10.7% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Product, Distribution Channel
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Calbee, Inc.; Tyson Foods, Inc.; Danone S.A; Welch’s; Kellogg NA Co.; PepsiCo; Chaucer Foods Ltd.; Nestle S.A.; WALLAROO; BEAR

Growth Factors

The rising demand for essential vitamins and minerals to boost immunity, along with the improved demand for fiber-enriched products, is expected to propel market growth over the forecast period. The outbreak of the COVID-19 pandemic has contributed to the strong demand for vegetarian, gluten-free, and meat-free low sugar snacks. An increasing number of consumers are staying at home, which has led to an increased inclination toward weight management and personal health.

The growing demand for healthy eating among consumers is anticipated to drive the market over the forecast period. Furthermore, rising health and wellness concerns, combined with busy lives, are expected to fuel these altering dietary preferences and amplify industry growth throughout the projected period.

By Product Analysis

Fruit bars held the largest revenue share of over 40.0% in 2020 and are expected to maintain their lead over the forecast period. Greater nutritional value of fruit bars than fruits, as nutrients are concentrated, emerged as a convenient food assortment.

Consumers prefer fruit bars with more flavor, followed by suitable textural qualities, which is achieved by balancing components, selecting the right manufacturing steps, and controlling the product’s ultimate moisture level.

The dried tropical fruit segment is projected to register the fastest growth rate from 2021 to 2030. The rising health concerns and healthy eating habits among millennials are driving the market.

Dried tropical fruits have been gaining popularity among diet-conscious consumers with the increasing spending on product innovation in this category. According to the international tropical fruits network, with the increased papaya and pineapple production,

By Distribution Channel Analysis

The hypermarket and supermarket segment held the largest revenue share of over 36.0% in 2020. Hypermarkets and supermarkets attract a large number of consumers and are usually located in the central parts of the city.

An increasing number of modern retail outlets across all the regions will support the segment growth. For instance, the Indian government approved 51% FDI on multiband retail and 100% FDI on single-brand retail, which has prompted the interest of industry participants in this sector.

The online retailers segment is projected to register the fastest CAGR of 11.2% during the forecast period. Increasing penetration of smartphones and improved logistics infrastructure have been fueling the growth of this distribution channel across the globe.

By Regional Analysis

North America captured the largest revenue share of over 30.0% in 2020. The increasing inclination of millennials towards low sugar convenience foods that have a high nutritional portfolio will fuel the market growth in this region.

Asia Pacific is expected to register the highest CAGR of 10.7% from 2021 to 2028. The market in the region is mainly driven by economies such as China and India.

This region holds a potential growth opportunity due to the increasing per capita consumption and the expanding population. Furthermore, a growing number of middle-class households and rising health consciousness among the consumers are expected to stimulate the product demand.

Key Players

  • Calbee, Inc.
  • Tyson Foods, Inc.
  • Danone S.A.
  • Welch’s
  • Kellogg NA Co.
  • PepsiCo
  • Chaucer Foods Ltd.
  • Nestle S.A.
  • WALLAROO
  • BEAR

Market Segmentation

  • By Product
    • Fruit Roll-ups
    • Fruit Bars
    • Dried Tropical Fruit
    • Others
  • By Distribution Channel
    • Hypermarket & Supermarket
    • Convenience Store
    • Online Retailers
    • Others
  • Regional
    • North America
      • U.S.
    • Europe
      • Germany
      • U.K.
    • Asia Pacific
      • China
      • Japan
    • Central & South America
      • Brazil
    • Middle East & Africa
      • South Africa

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Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Low Sugar Fruit Snacks Market, By Product

7.1.  Low Sugar Fruit Snacks Market, by Product, 2021-2030

7.1.1.    Fruit Roll-ups

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Fruit Bars

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Dried Tropical Fruit

7.1.3.1.        Market Revenue and Forecast (2017-2030

Chapter 8.  Global Low Sugar Fruit Snacks Market, By Distribution Channel

8.1.  Low Sugar Fruit Snacks Market, by Distribution Channel, 2021-2030

8.1.1.    Hypermarket & Supermarket

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Convenience Store

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Online Retailers

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Low Sugar Fruit Snacks Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Product (2017-2030)

9.1.2.    Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Product (2017-2030)

9.2.2.    Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Product (2017-2030)

9.3.2.    Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Product (2017-2030)

9.4.2.    Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Product (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Product (2017-2030)

9.5.2.    Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Product (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Distribution Channel (2017-2030)

Chapter 10.  Company Profiles

10.1.              Calbee, Inc.

10.1.1.  Company Overview

10.1.2.  Product Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Tyson Foods, Inc.

10.2.1.  Company Overview

10.2.2.  Product Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              Danone S.A.

10.3.1.  Company Overview

10.3.2.  Product Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              Welch’s

10.4.1.  Company Overview

10.4.2.  Product Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              Kellogg NA Co.

10.5.1.  Company Overview

10.5.2.  Product Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              PepsiCo

10.6.1.  Company Overview

10.6.2.  Product Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Chaucer Foods Ltd.

10.7.1.  Company Overview

10.7.2.  Product Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

10.8.              Nestle S.A.

10.8.1.  Company Overview

10.8.2.  Product Offerings

10.8.3.  Financial Performance

10.8.4.  Recent Initiatives

10.9.              WALLAROO

10.9.1.  Company Overview

10.9.2.  Product Offerings

10.9.3.  Financial Performance

10.9.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

12.2.              Glossary of Terms

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