Leading Low Sugar Fruit Snacks Application Markets Databank
The Low Sugar Fruit Snacks market was valued at $2,000.0 Million in 2020, and is projected to reach $3,438.0 Million by 2029 growing at a CAGR of 6.25% from 2021 to 2029. Hypermarket & Supermarket segment is expected to be the highest contributor to this market, with $788.8 Million in 2020, and is anticipated to reach $1,356.3 Million by 2029, registering a CAGR of 6.25%. Online Retailers segment is anticipated to reach $550.3 Million by 2029 with the highest CAGR of 6.35%. Hypermarket & Supermarket and Convenience Store segments collectively expected to account for about 69.9% share of the Low Sugar Fruit Snacks market in 2020, with the former constituting around 39.4% share. Online Retailers and Hypermarket & Supermarket segments are expected to witness significant growth rates at a CAGR of 6.35% and 6.25% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 55.3% in the overall Low Sugar Fruit Snacks market in 2020, and is anticipated to reach 55.5% by 2029.
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