Canada Fruit Snacks Market Size & Outlook, 2022-2030
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Canada fruit snacks market highlights
- The Canada fruit snacks market generated a revenue of USD 596.6 million in 2022 and is expected to reach USD 1,040.0 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.2% from 2023 to 2030.
- In terms of segment, freeze dried fruits was the largest revenue generating product in 2022.
- Freeze Dried Fruits is the most lucrative product segment registering the fastest growth during the forecast period.
Fruit snacks market data book summary
| Market revenue in 2022 | USD 596.6 million |
| Market revenue in 2030 | USD 1,040.0 million |
| Growth rate | 7.2% (CAGR from 2022 to 2030) |
| Largest segment | Freeze dried fruits |
| Fastest growing segment | Freeze Dried Fruits |
| Historical data | 2017 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruit Roll-ups, Freeze Dried Fruits, Fruit Bars, Soft Chews |
| Key market players worldwide | General Mills Inc, Keurig Dr Pepper Inc, WK Kellogg Co, Welch's, Seneca Foods Corp Class A, SunOpta Inc |
Other key industry trends
- In terms of revenue, Canada accounted for 4.1% of the global fruit snacks market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. fruit snacks market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 905.8 million by 2030.
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Fruit Snacks Market Scope
Fruit Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Seneca Foods Corp Class A | View profile | 6409 | 350 WillowBrook Office Park, Fairport, NY, United States, 14480 | https://www.senecafoods.com |
| Keurig Dr Pepper Inc | View profile | 28100 | 53 South Avenue, Burlington, MA, United States, 01803 | https://www.keurigdrpepper.com |
| Welch's | View profile | 501-1000 | Concord, Massachusetts, United States, North America | https://www.welchs.com/ |
| WK Kellogg Co | View profile | 3150 | One Kellogg Square, Battle Creek, MI, United States, 49016-3599 | https://www.wkkellogg.com |
| General Mills Inc | View profile | 34000 | Number One General Mills Boulevard, Minneapolis, MN, United States, 55426 | https://www.generalmills.com |
| SunOpta Inc | View profile | 1174 | 7078 Shady Oak Road, Eden Prairie, MN, United States, 55344 | https://www.sunopta.com |
Canada fruit snacks market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to fruit snacks market will help companies and investors design strategic landscapes.
Freeze dried fruits was the largest segment with a revenue share of 52.3% in 2022. Horizon Databook has segmented the Canada fruit snacks market based on fruit roll-ups, freeze dried fruits, fruit bars, soft chews covering the revenue growth of each sub-segment from 2017 to 2030.
In recent years, Canada has witnessed a growing demand for organic and non-GMO fruit snacks, driven by a shift towards healthier eating habits and a preference for natural and sustainable products. The COVID-19 pandemic increased the demand for shelf-stable and long-lasting foods including fruit snacks.
Overall, Canada’s fruit snack market is expected to grow continuously in the coming years, driven by increasing health consciousness and a preference for convenient and nutritious snack options.
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Target buyers of Canada fruit snacks market databook
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Our clientele includes a mix of fruit snacks market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Canada fruit snacks market , including forecasts for subscribers. This country databook contains high-level insights into Canada fruit snacks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Canada fruit snacks market size, by product, 2017-2030 (US$M)
Canada Fruit Snacks Market Outlook Share, 2022 & 2030 (US$M)
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