India Fruit Snacks Market Size & Outlook, 2022-2030
India fruit snacks market, 2017-2030 (US$M)
Related Markets
India fruit snacks market highlights
- The India fruit snacks market generated a revenue of USD 623.7 million in 2022 and is expected to reach USD 1,245.1 million by 2030.
- The India market is expected to grow at a CAGR of 9% 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 623.7 million |
| Market revenue in 2030 | USD 1,245.1 million |
| Growth rate | 9% (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, India accounted for 4.2% 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 Asia Pacific, China fruit snacks market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,688.2 million by 2030.
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Fruit Snacks Market Scope
Fruit Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 58.2% in 2022. Horizon Databook has segmented the India 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.
Consumers in India, particularly millennials, are opting for products with healthy ingredients, which is driving innovation in fruit-based products. The rise in disposable income has led to increased spending on health-related items.
The market for healthy, convenient food products like freeze-dried fruits has recently become popular in India. The product has gained popularity among different economic classes, from wealthy households opting for healthy snacks to middle-class families seeking affordable snacking options.
Indian consumers favor freeze-dried fruits, fruit chips, and other dried fruit snacks as a convenient and affordable option for snacking on the go or for instant meals at home. Therefore, the distributors and sellers of such products should capitalize on the growth opportunities in India by increasing the import of fruit snacks to meet the growing demand for these products.
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Target buyers of India 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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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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 India fruit snacks market , including forecasts for subscribers. This country databook contains high-level insights into India fruit snacks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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India fruit snacks market size, by product, 2017-2030 (US$M)
India Fruit Snacks Market Outlook Share, 2022 & 2030 (US$M)
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