Dried Fruit & Vegetable Snack Production in the US - Industry Market Research Report

Dried Fruit & Vegetable Snack Production in the US - Industry Market Research Report

  • May 2020 •
  • 37 pages •
  • Report ID: 5103936 •
  • Format: PDF
Freshly picked: Operators will benefit from rising disposable income and health consciousness

Abstract

Dried Fruit & Vegetable Snack Production
The Dried Fruit and Vegetable Snack Production industry produces dried fruits and vegetables to be consumed as snacks or as ingredients in other food products such as granola bars, baked goods and salads. Over the past five years, producers benefited from improving economic conditions, as well as shifting consumer preferences. The industry has grown steadily as consumers are increasingly searching for healthier alternatives to traditional salty snacks (i.e. chips). Shifts in consumer preferences underpinned the majority of industry growth during the period. Growing health concerns and awareness have driven up demand for healthy alternatives to traditional snack foods like potato chips and candy, which are high in sodium, fat and sugar. Dried fruits and vegetables retain most of the nutritional value of fresh fruits and can be parceled into ready-to-eat packaging for easy consumption. The Dried Fruit and Vegetable Snack Production industry is expected to continue to grow over the next five years, while rising per capita disposable income will enable more consumers to comfortably purchase higher-priced products.

Dried fruit and vegetable manufacturers dehydrate and package purchased produce. These products are typically eaten by consumers as snacks or used as ingredients in salads and other meals.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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