South Africa Fruit Snacks Market Size & Outlook, 2022-2030
South Africa fruit snacks market, 2017-2030 (US$M)
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South Africa fruit snacks market highlights
- The South Africa fruit snacks market generated a revenue of USD 85.7 million in 2022 and is expected to reach USD 155.5 million by 2030.
- The South Africa market is expected to grow at a CAGR of 7.7% 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 85.7 million |
| Market revenue in 2030 | USD 155.5 million |
| Growth rate | 7.7% (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, South Africa accounted for 0.6% 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 Middle East & Africa, Saudi Arabia fruit snacks market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 155.5 million by 2030.
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Fruit Snacks Market Scope
Fruit Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
South Africa 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 54.38% in 2022. Horizon Databook has segmented the South Africa 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.
The growing demand for and popularity of easy-to-prepare and ready-to-eat packaged snacks is expected to drive the fruit snacks market in South Africa. The hectic schedules of working professionals and the ever-expanding middle class are driving the demand for ready-to-eat, convenient snacks and easy-to-prepare packaged foods.
This trend has also fueled the market for indulgence categories such as sweet biscuits, snack bars, fruit snacks, and savory snacks, and players in this segment are likely to increase their offerings over the next few years.
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Target buyers of South Africa 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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Horizon Databook provides a detailed overview of country-level data and insights on the South Africa fruit snacks market , including forecasts for subscribers. This country databook contains high-level insights into South Africa fruit snacks market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa fruit snacks market size, by product, 2017-2030 (US$M)
South Africa Fruit Snacks Market Outlook Share, 2022 & 2030 (US$M)
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