PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215453
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1215453
Global Frozen Fruit Bar Market is valued at approximately USD 10.45 million in 2021 and is anticipated to grow with a healthy growth rate of more than 7 % over the forecast period 2022-2029. Frozen Fruit Bar is prepared by mixing a mixture of pulps, fresh & dried fruits, water, acid, flavors, fruit juice concentrates, and other ingredients. These fruit-based bars are considered rich in fiber & carbohydrates and contain minerals & vitamins. Moreover, low-fat frozen fruit bars are a healthy alternative to ice cream. The increasing consumption of frozen food products and growing inclination towards nutrition rich food products as well as strategic initiatives from leading market players are key factors accelerating the Market growth.
The increasing consumption of frozen food products due to rise in demand for convenience foods, and rapid growth of cold chain infrastructure is contributing towards the growth of the Global Frozen Fruit Bar Market. For instance, according to Statista - in 2020, the global market for frozen foods was valued at USD 283.92 billion, and it further increased to USD 366.3 billion in 2026. Additionally, as per Statista - as of 2022, revenue in the worldwide convenience food is estimated at USD 562.20 billion, and the market is expected to grow annually by 6.21% (CAGR 2022-2027) to USD 759.83 billion by 2027. Also, growing popularity of organic food products and rising number of health-conscious individuals would create a lucrative growth prospectus for the market over the forecast period. However, the high production cost of Frozen Fruit Bar and volatile cost of raw materials stifle market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Frozen Fruit Bar Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the increasing demand for organic food products and presence of a large number of market players in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising demand for frozen and convenience food products and increasing penetration of leading market players in the region.
Major market players included in this report are:
Nestle S.A.
Natural Fruit Corporation
Solero Corporation
Andrades Desserts
J&J Snack Foods Corp.
Ice Pop Factory
Modern Pop
Unilever plc (Fruttare Brand)
Eclectic Food Services Inc
Chloe's Soft Serve Fruit Co.
Recent Developments in the Market:
Global Frozen Fruit Bar Market Report Scope:
Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Flavor, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Original
Low Fat
By Flavor
Citrus
Pineapple
Grape
Apple
Mango
Coconut
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
List of tables and figures and dummy in nature, final lists may vary in the final deliverable