Latin America Fruit Snacks Market Size & Outlook
Latin America fruit snacks market, 2017-2030 (US$M)
Related Markets
Latin America fruit snacks market highlights
- The Latin America fruit snacks market generated a revenue of USD 1,192.5 million in 2022.
- The market is expected to grow at a CAGR of 7.5% 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.
- Country-wise, Brazil is expected to register the highest CAGR from 2023 to 2030.
Latin America data book summary
| Market revenue in 2022 | USD 1,192.5 million |
| Market revenue in 2030 | USD 2,132.8 million |
| Growth rate | 7.5% (CAGR from 2022 to 2030) |
| Largest segment | Freeze dried fruits |
| Fastest growing segment | Freeze Dried Fruits |
| Historical data covered | 2017 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, Latin America region accounted for 8.1% of the global fruit snacks market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 6,488.2 million by 2030.
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Fruit Snacks Market Scope
Fruit Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America 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 59.49% in 2022. Horizon Databook has segmented the Latin America 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.
Candies are an important part of the food culture in the Central and South American region. Puerto Rican candy has gained massive popularity influenced by the native island fruits such as mangos, pineapples, coconuts, and guava.
The company has been playing a key role in producing a line of sweets and candies, including Pilones, which is a tropical lollipop sweet snack prepared with pulp, fruit conserves, and seeds. New products by domestic companies will drive the overall consumption of fruit-flavored candies across the region.
Unlike other countries where factory-made candies are more prevalent, Salvadoran candies are primarily handcrafted and use local fruit ingredients in their formulations.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America fruit snacks market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America fruit snacks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America fruit snacks market size, by country, 2017-2030 (US$M)
Latin America Fruit Snacks Market Outlook Share, 2022 & 2030 (US$M)
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