Global Low Sugar Fruit Snacks Market Forecast 2023-2030: Innovative Trends and Competitive Landscape - Calbee, General Mills, and Nestle at the Forefront

Global Low Sugar Fruit Snacks Market Forecast 2023-2030: Innovative Trends and Competitive Landscape - Calbee, General Mills, and Nestle at the Forefront

GlobeNewswire

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Dublin, Oct. 13, 2023 (GLOBE NEWSWIRE) -- The "Global Low Sugar Fruit Snacks Market by Product (Dried Tropical Fruit, Fruit Bars, Fruit Roll-ups), Distribution Channel (Convenience Store, Hypermarket & Supermarket, Online Retailers) - Forecast 2023-2030" report has been added to * ResearchAndMarkets.com's* offering.

The Global Low Sugar Fruit Snacks Market is experiencing robust growth and is projected to reach a substantial valuation of USD 2.14 billion by 2030. Here are some key insights and highlights from the report:

*Market Growth*: The market size for Low Sugar Fruit Snacks was estimated at USD 1.02 billion in 2022, USD 1.12 billion in 2023, and is projected to grow at a CAGR of 9.70% to reach USD 2.14 billion by 2030.

*Market Segmentation*: The report analyzes the market based on product type and distribution channels. The key segments are as follows:

· *Product*: The market includes various product types, such as Dried Tropical Fruit, Fruit Bars, and Fruit Roll-ups. The "Fruit Bars" segment is expected to witness significant market share during the forecast period.
· *Distribution Channel*: The distribution channels studied include Convenience Stores, Hypermarkets & Supermarkets, and Online Retailers. The "Hypermarket & Supermarket" segment is projected to witness significant market share during the forecast period.

*Regional Insights*: The report provides a regional breakdown, covering the Americas, Asia-Pacific, and Europe, Middle East & Africa. Notably, the Asia-Pacific region is expected to witness significant market share during the forecast period.

*Market Dynamics*

*Drivers*

· Rapid inclination towards healthy food products
· Increasing awareness about health and wellness
· Growing prevalence of diabetes patients across the globe

*Restraints*

· Concern regarding the efficacy of low-sugar fruit snacks

*Opportunities*

· Introduction of innovative and novel low-sugar fruit snacks
· Attractive promotional activities and effective endorsement

*Challenges*

· Quality issues and counterfeit products*Competitive Landscape*:

· Calbee, Inc.
· CeCe J's Snacks
· Chaucer Foods Ltd. by Nagatanien
· Crispy Green
· Ferrero Group
· General Mills
· Hershey Foods Corporation
· Lotus Bakeries North America Inc.
· Mount Franklin Foods
· Nestle S.A.
· PepsiCo
· Sunkist Growers, Inc.
· Tyson Foods, Inc.
· Wallaroo
· Welch's

*Market Penetration, Development, Diversification*: The report provides information on market penetration, development, and diversification strategies, as well as competitive assessments and intelligence.

*Product Development & Innovation*: The report also offers insights into future technologies, R&D activities, and breakthrough product developments in the Low Sugar Fruit Snacks market.

This report serves as a valuable resource for organizations and stakeholders seeking to make informed and strategic decisions in the dynamic Low Sugar Fruit Snacks market. It provides a detailed understanding of the market landscape and helps in identifying opportunities for expansion and success. Don't miss out on the potential opportunities in this growing market.*Key Attributes:*

*Report Attribute* *Details*
No. of Pages 193
Forecast Period 2023 - 2030
Estimated Market Value (USD) in 2023 $1.12 Billion
Forecasted Market Value (USD) by 2030 $2.14 Billion
Compound Annual Growth Rate 9.7%
Regions Covered Global
For more information about this report visit https://www.researchandmarkets.com/r/35djxv

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