South Africa Low Sugar Fruit Snacks Market Size & Outlook
The low sugar fruit snacks market in South Africa is expected to reach a projected revenue of US$ 30.8 million by 2028. A compound annual growth rate of 10.9% is expected of South Africa low sugar fruit snacks market from 2021 to 2028.
Revenue, 2020 (US$M)
$13.5
Forecast, 2028 (US$M)
$30.8
CAGR, 2021 - 2028
10.9%
Report Coverage
South Africa
South Africa low sugar fruit snacks market, 2016-2028 (US$M)
Related Markets
South Africa low sugar fruit snacks market highlights
- The South Africa low sugar fruit snacks market generated a revenue of USD 13.5 million in 2020 and is expected to reach USD 30.8 million by 2028.
- The South Africa market is expected to grow at a CAGR of 10.9% 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.
Low sugar fruit snacks market data book summary
| Market revenue in 2020 | USD 13.5 million |
| Market revenue in 2028 | USD 30.8 million |
| Growth rate | 10.9% (CAGR from 2020 to 2028) |
| Largest segment | Fruit bars |
| Fastest growing segment | Dried Tropical Fruit |
| Historical data | 2016 - 2019 |
| Base year | 2020 |
| Forecast period | 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, South Africa accounted for 0.7% of the global low sugar fruit snacks market in 2020.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2028.
- In Middle East & Africa, South Africa low sugar fruit snacks market is projected to lead the regional market in terms of revenue in 2028.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 30.8 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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South Africa low sugar fruit snacks market size, by product, 2016-2028 (US$M)
South Africa Low Sugar Fruit Snacks Market Outlook Share, 2020 & 2028 (US$M)
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