Latin America Low Sugar Fruit Snacks Market Size & Outlook
The low sugar fruit snacks market in Latin America is expected to reach a projected revenue of US$ 274.8 million by 2028. A compound annual growth rate of 9.8% is expected of Latin America low sugar fruit snacks market from 2021 to 2028.
Revenue, 2020 (US$M)
$129.7
Forecast, 2028 (US$M)
$274.8
CAGR, 2021 - 2028
9.8%
Report Coverage
Latin America
Latin America low sugar fruit snacks market, 2016-2028 (US$M)
Related Markets
Latin America low sugar fruit snacks market highlights
- The Latin America low sugar fruit snacks market generated a revenue of USD 129.7 million in 2020.
- The market is expected to grow at a CAGR of 9.8% from 2021 to 2028.
- In terms of segment, fruit bars was the largest revenue generating product in 2020.
- Dried Tropical Fruit 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 2021 to 2028.
Latin America data book summary
| Market revenue in 2020 | USD 129.7 million |
| Market revenue in 2028 | USD 274.8 million |
| Growth rate | 9.8% (CAGR from 2020 to 2028) |
| Largest segment | Fruit bars |
| Fastest growing segment | Dried Tropical Fruit |
| Historical data covered | 2016 - 2019 |
| Base year for estimation | 2020 |
| Forecast period covered | 2021 - 2028 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fruit Roll-ups, Fruit Bars, Dried Tropical Fruit |
| Key market players worldwide | CALBEE Inc, Tyson Foods Inc Class A, Danone SA, WK Kellogg Co, PepsiCo Inc, Nestle SA, Welch's, Chaucer Food Group, WALLAROO Foods |
Other key industry trends
- In terms of revenue, Latin America region accounted for 6.7% of the global low sugar fruit snacks market in 2020.
- Globally, North America is projected to lead the regional market in terms of revenue in 2028.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,075.2 million by 2028.
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Low Sugar Fruit Snacks Market Scope
Low sugar fruit snacks market segmentation & scope
Low Sugar Fruit Snacks Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America low sugar fruit snacks market size, by country, 2016-2028 (US$M)
Latin America Low Sugar Fruit Snacks Market Outlook Share, 2020 & 2028 (US$M)
Related regional statistics
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