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 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 2020USD 129.7 million
Market revenue in 2028USD 274.8 million
Growth rate9.8% (CAGR from 2020 to 2028)
Largest segmentFruit bars
Fastest growing segmentDried Tropical Fruit
Historical data covered2016 - 2019
Base year for estimation2020
Forecast period covered2021 - 2028
Quantitative unitsRevenue in USD million
Market segmentationFruit Roll-ups, Fruit Bars, Dried Tropical Fruit
Key market players worldwideCALBEE 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 Companies

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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)

Latin America low sugar fruit snacks market size, by country, 2016-2028 (US$M)

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