The global frozen fruit bar market size is expected to reach
USD 18.43 million by 2025, according to a new report by Grand View Research,
Inc. It is anticipated to expand at a CAGR of 7.5% during the forecast period.
Rising demand for innovative flavors coupled with the tendency of impulse buying
among consumers is expected to drive the growth.
Asia Pacific is expected to witness
the fastest growth in near future, owing to supportive government policies and
growing population. North America is estimated to hold the maximum market
shares of approximately USD 4.42 million by 2025. As a result of growing demand
for tropical fruits in U.S. and European countries, many large scale
manufacturers are getting into the market, especially in developed regions like
Europe and U.S., among others.
Frozen fruit bars are available in
various flavors. The circus flavor is projected to hold the maximum market
share of approximately USD 2.32 million by 2025. Availability of variety of
flavors and rising consumption of frozen fruit bars as snack are some of the major
market drivers.
Manufacturers are introducing
innovative new products by including exotic organic flavors, functional
ingredients, and herbal fillings, in product formulations to meet the consumer
demand. For instance, companies are making other exotic flavors such as lemons,
coconuts, and tropical fruits to bring variety. Companies are making low-fat
and low-calorie bars to cater to high demand from health-conscious consumers,
which is expected to further drive the product demand.
Browse full research report on Frozen Fruit Bars Market: https://www.grandviewresearch.com/industry-analysis/frozen-fruit-bar-market
Further key findings from the report suggest:
- Asia
Pacific is expected to expand at a CAGR of 11.5% over the forecast period,
due to the growing demand for organic and health fruit products
- India
held 36.26% of the overall Asia Pacific frozen fruit bars market in 2018
on account of high demand for different tropical fruits
- The
low fat product segment is expected to witness the fastest growth owing to
the growing demand for low calorie products
- Manufacturers
are aiming to achieve optimum business growth by implementing strategies
such as acquisitions, joint ventures, capacity expansions, new product
developments, promotion of key product brands, and significant investments
in R&D
Browse
request sample of this report by Grand View Research: https://www.grandviewresearch.com/industry-analysis/frozen-fruit-bar-market/request/rs1
Grand View Research has segmented the global frozen fruit bar
market on the basis of product, flavors, and regions:
Frozen Fruit Bar Product Outlook (Revenue, USD Thousands, 2015 -
2025)
- Original
- Low
Fat
Frozen Fruit Bar Flavors Outlook (Revenue, USD Thousands,
2015 - 2025)
- Citrus
- Pineapple
- Grape
- Apple
- Mango
- Coconut
- Others
Frozen Fruit Bar Regional Outlook (Revenue, USD Thousands, 2015 -
2025)
- North
America
- U.S.
- Europe
- U.K.
- Germany
- Asia
Pacific
- China
- India
- Central
& South America
- Brazil
- Middle
East & Africa
About
Grand View Research
Grand View Research, Inc. is a U.S.
based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides syndicated
research reports, customized research reports, and consulting services. To help
clients make informed business decisions, we offer market intelligence studies
ensuring relevant and fact-based research across a range of industries, from
technology to chemicals, materials and healthcare.
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