Global Dried Fruit and Vegetable Snack market size is predictable to be valued at close to USD 44.7 billion in 2019 and will grow at a CAGR of around 8.5% from 2019 to 2028. The Dried Fruit and Vegetable Snack industry produce dried fruit and dried vegetables as ingredients in snacks or other foods like oat bars, baked goods and salads.

Top Driver: Increasing health problems and awareness have increased the demand for healthy alternative foods

Ended the past five years, producers have benefited from improved economic conditions and shifts in consumer preferences. As consumers are increasingly looking for healthier alternatives to traditional savory snacks (like potato chips), the industry has grown steadily. Changes in consumer preferences supported the growth of most industries during this period. Increasing health problems and awareness have increased the demand for healthy alternative foods. Dried fruits and vegetables retain most of the nutritional value of fresh fruits and can be packaged in ready-to-eat packaging for easy consumption. It is expected that the dried fruit and vegetable snack production industry will continue to grow in the next five years, and the increase in per capita disposable income will enable more consumers to purchase high-priced products. Therefore, during the forecast period, due to the increase in population and the increase in consumer income levels, the growing global demand for packaged foods will become the main growth driver for the industry.

Freeze dried fruit to Make Crucial Contribution to Growth of Global Dried Fruit and Vegetable

Freeze dried fruit chips are among the most minimally processed products in this segment. They are a concentrated and rich source of energy. Benefits like storage convenience, longer shelf life and better nutritional value compared to other counterparts will boost the industry share for freeze-dried products over the forecast period.

North America accounted for the growth of Global Dried Fruit and Vegetable

North America accounted for more than 30% share in the overall market. Increasing inclination of millennials towards convenience foods that have a high nutritional portfolio will drive the fruit snacks market in this region. As per the Agriculture and Agri-Food Canada, 94% consumers in the U.S. consume snack at least once in a day and 50% of consumers are likely to snack 2 to 3 times. Thus, incorporating healthy snacking habits will increase the penetration of fruit snacks in this region. Advancement in technologies, well-established cold chains, and distribution channel will further support the industry expansion.

Asia Pacific is expected to account for over USD 950 million in 2025. The demand for fruit snacks market is mainly driven by economies such as China and India. This demand is supported by increasing health awareness among consumers regarding the nutritional content of the food. The popularity of processed food variety due to health benefits, and easy storage compared to fresh fruits will further augment the fruit snacks market. Additionally, increasing penetration of fruit snacks in the e-commerce sector will support the industry expansion

Players to Focus on Global Dried Fruit and Vegetable

The Major Players Profiled in:

• Liang Pin Pu Zi
• Bai Cao Wei
• Sabawa
• Tenwow
• Three Squirrels
• Lai Yi Fen
• Natural Sins
• HAOQU
• Qian Jia Su Guo
• CandyOut
• Trader Joe’s

Scope of the Report

By Type

• Baked Dried
• Freeze Dried
• Others

By Application

• Supermarkets and Malls
• Online Shopping Sites
• Retail Stores
• Others

By Region

• North America
• Europe
• Asia Pacific
• SAMEA

Key Reasons to Purchase this Report 

1. It provides a technological development map over time to understand the growth rate of the industry.

2. The report offers a dynamic method to various factors that drive or restrain the growth of the market.

3. It renders definite analysis for changing competitive dynamics.

4. It builds a seven-year estimate based on how the market is predicted to grow.