The global frozen fruit bars market is on a trajectory of significant growth, estimated to surpass a valuation of US$ 22 million by the end of 2032. According to Future Market Insights (FMI), the sales of frozen fruit bars are expected to create an absolute dollar opportunity of more than US$ 14 million by 2022, with a projected growth at a CAGR of 7% to 8% during the forecast period 2022-2032.
Frozen fruit bars, prepared by combining partially dehydrated fresh fruit pulp, juice, or real fruits with other ingredients, have seen a surge in demand. These bars come in flavors like citrus, strawberry, mango, grape, apple, pineapple, coconut, and more. The market’s growth is driven by the increasing consumption of fruit-based products, the introduction of novel products with enticing flavors, and the health-conscious trend among consumers.
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Demand of the Market: Consumers are seeking innovative flavors, leading to the availability of new frozen fruit bars with exotic mixes like kiwi, lime & raspberry, coconut water with banana, and others. This demand for variety and freshness is boosting sales in the frozen desserts sector.
Growing Factors: One of the major factors fueling market growth is the increasing emphasis on launching novel organic and low-fat frozen fruit bars. Manufacturers are expanding production capacities and partnering with large retail chains to cater to rising demands. This expansion is projected to accelerate the market’s growth.
Key Takeaways:
- The global frozen fruit bars market is expected to exceed US$ 22 million by 2032.
- Sales are anticipated to create an absolute dollar opportunity of over US$ 14 million by 2022.
- Leading manufacturers are focusing on introducing new flavors and expanding production capacities.
- North America is projected to exhibit the fastest growth in the global market, with rising demand for nutritious and healthy snacks.
- East Asia is estimated to account for a significant share due to the rise in lactose intolerance, driving demand for lactose-free desserts.
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Market Competition:
Some of the prominent players in the global frozen fruit bars market include Natural Fruit Corporation, Ice Pop Factory, Modern Pop, Nestlé S.A. (Outshine Brand), Eclectic Food Services Inc., J&J Snack Foods Corp., Unilever plc (Fruttare Brand), Andrades Desserts, and Solero among others.
Key Segments Profiled in the Frozen Fruit Bars Market Survey
By Type:
- Original
- Low Fat
By Nature:
- Organic
- Conventional
By Flavor:
- Citrus
- Pineapple
- Grape
- Apple
- Mango
- Berry
- Coconut
- Mixed Fruit
- Others
By Distribution Channel:
- Hypermarkets/ Supermarkets
- Specialty Stores
- Convenience Stores
- Online Retail
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
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About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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