Data Bridge Market Research conducted a recent market intelligence study, thoroughly analysing the Dried Fruit Snacks Market. The newly published report employs an appealing layout that presents essential data using visually engaging tables, graphs, charts, and figures.
Dried Fruit Snacks is the finest market research report, which is the result of proficient team and their potential capabilities. In this market research report, data collection modules with large sample sizes are used to collect data and perform base year analysis. The market research data included in this report is analysed and forecasted using market statistical and coherent models. This wide-ranging market analysis report puts light on many aspects related to this industry and market. Market definition, market segmentation, competitive analysis and research methodology are the major topics covered in the winning Dried Fruit Snacks business report.
The meticulous efforts accompanied with integrated approaches results into an excellent market research report that drives the decision making process of the business. The universal Dried Fruit Snacks marketing report encompasses market definition, currency and pricing, market segmentation, market overview, premium insights, key insights and company profile of the key market players. Company profiles of the key market competitors are analysed with respect to company snapshot, geographical presence, product portfolio, and recent developments. If business is hunting to gain competitive advantage in this swiftly transforming marketplace, then plumping for Dried Fruit Snacks market research report is highly recommended as it gives lot of benefits for a thriving business.
Data Bridge Market Research analyses that the dried fruit snacks market was valued at USD 490.4 million in 2021 and is expected to reach the value of USD 850.19 million by 2029, at a CAGR of 7.12% during the forecast period of 2022-2029.
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Key Growth Drivers:
The rise in on-the-go snack consumption is fuelling the global dried fruit snacks market's positive growth. Growing consumer awareness of the health risks associated with junk food consumption, such as heart disease, diabetes, and other chronic diseases, is expected to drive the global demand for dried fruit snacks. A rise in customer preference for healthy eating habits and a busy lifestyle is one of the key trends in the global dried fruit snacks market. Dried fruit snacks are becoming a larger part of people's diets worldwide, propelling the global dried fruit snacks market forward.
Increasing per capita earnings of customers as a result of modernization and a wider base of employed people is one of the most important stimulating substances for market development. People in their mid-thirties to mid-forties have increased their spending on dried fruit snacks. Increasing funds for developing inventive class offerings and the inventiveness begun by the most important companies for product branding are expected to deliver an up word push to the market.
The report outlines the involvement of key players, including:
ITC Limited (India), Kambly SA (Switzerland), Mondelez International (US), PepsiCo (US), The Kraft Heinz Company (US), Annie's Homegrown, Inc. (US), Parle Products Pvt. Ltd. (India), Patanjali Ayurved (India), Britannia (India), Kellogg Co (US), pladis global (UK), Walkers Shortbread Ltd (UK), Lotus Bakeries NV (Belgium), Nestle SA (Switzerland), Burton’s Foods Ltd. (UK)
Key Market Segmentation
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)
North America is expected to be one of the most noticeable provincial markets for dried fruit snacks. Customers' changing habits, such as snacking between fixed mealtimes or snacking in place of meals and an increase in inclination for healthy alternatives, are expected to increase demand for the product in the area. Asia-Pacific is expected to be the most enticing destination in the international arena. The province's growing demand for the product can be attributed to modernization and the growing need for snacking options in developing countries such as India and China.
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