Report ID: SQMIG30I2149
Report ID:
SQMIG30I2149 |
Region:
Global |
Published Date: December, 2024
Pages:
198
|
Tables:
96 |
Figures:
76
In 2022, North America dominated the market and accounted for more than 35.0% of global revenues. The majority of consumers eat these snacks to sate cravings, cover a hunger gap in their diet between meals, and supplement their nutrition. The North American industry is dominated by the United States. The area has a very high demand for ready-to-eat foods, particularly among the younger and more diverse population segments. As a consequence, over the past few years, these snacks have gained more shelf space in retail establishments.
Asia Pacific is predicted to register the fastest growth rate i.e., a CAGR of 10.3% between 2021 and 2027. This region might expand as a result of the rising per capita consumption and the expanding populace. The market for fruit snacks is also expected to increase due to an increase in demand from middle-class households and rise in consumer health awareness.
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Report ID: SQMIG30I2149