Market revenue in 2022 | USD 831.0 million |
Market revenue in 2030 | USD 1,688.2 million |
Growth rate | 9.3% (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 |
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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 55.17% in 2022. Horizon Databook has segmented the China 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 China, gummy candy has been considered a snack for children, with Chinese companies focused on exclusively marketing their fruit-flavored candies and snacks for kids. Also, the country has a wide customer base for such products as the demand has risen among the female population.
Moreover, Korean fruit-flavored candy has seen an increase in popularity among the Chinese as consumers are increasingly focusing on the nutritional benefits of the ingredients that are used while processing fruit gummies or freeze-dried fruits.
Chinese consumers prefer gummies made with real fruit juices. For instance, in January 2021, according to the Korea Trade-Investment Promotion Agency (KOTRA), the market for candies and gummies is witnessing steady growth in China.
Horizon Databook provides a detailed overview of country-level data and insights on the China fruit snacks market , including forecasts for subscribers. This country databook contains high-level insights into China fruit snacks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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