Well-established Bakery Industry in North America & Europe Providing Lucrative Opportunities for Manufacturers of Candied & Semi-Candied Fruits: Fact.MR Report
According to a new research report released by Fact.MR, the global candied & semi-candied fruit market is projected to reach a size of US$ 668.2 million in 2024 and expand at a CAGR of 2.3% over the next ten years (2024 to 2034).
To increase the appeal of their finished baked goods, skilled bakers are using unique ingredients such as candied fruits, toppings, glazes, frostings, and others, which is fueling the growth of the candied and semi-candied fruit market. Manufacturers of candied and semi-candied fruits in North America and Europe are finding great opportunities as a result of the well-established and expanding bakery industry in these regions.
Sales of baked goods and confections are also increasing due to the proliferation of e-commerce platforms. Delicious and inventive confectionery products that are readily available online draw in customers. Prominent rivals in the worldwide marketplace are emphasizing a range of goods and producing goods that suit the tastes of their customers. The desire for decadent foods among consumers is also driving the market for candied & semi-candied fruits.
The global market for candied & semi-candiedis projected to expand at a CAGR of 2.3% from 2024 to 2034.
The market is forecasted to increase to a value of US$ 838.3 million by 2034.
The market in the United States is forecasted to reach a size of US$ 97.1 million by 2034.
Japan is set to account for a market share of 29.7% in East Asia in 2024.
Pastries are analyzed to account for a market share of US$ 30.8% by 2034.
The chopped/diced/fruit peels segment is projected to reach a market value of US$ 510.8 million by 2034.
“Candied and semi-candied fruits are popular in pastries and other bakery products globally, and their ability to be used year-round without seasonal limitations enhances their appeal,”says a Fact.MR analyst.
Producers of candied and semi-candy fruits are increasing their yields and adopting new technologies to meet the increasing demand. Sales of fruit snacks are increasing as more people become aware of the benefits of eating healthily. Fruit snacks are popular among children and young adults because they are tasty and simple to eat. Parents are also paying more attention to the snacks they give their kids. Stores now carry healthier snack options, giving parents more options. Parents, especially are paying close attention and look at the label before they buy snacks for their kids.
Candied & Semi-candied Fruit Market News:
Andros Chef seeks to increase its geographic presence. With 10 major processing plants worldwide, the business is able to satisfy the growing needs of its customers. The company's present key markets are India, Central & Eastern Europe, and South America.
F.Moreno Candied Fruits S.L. strives to maximize its production and operational effectiveness through the application of advanced technology. F.Moreno Candied Fruits S.L. applies advanced technology to enhance its operations and optimize its manufacturing capacity to produce products that are both safe and of the highest quality.
Fact.MR, in its new offering, presents an unbiased analysis of the candied & semi-candied fruit market for 2019 to 2023 and forecast statistics for 2024 to 2034.
The study details the candied & semi-candied fruit market based on form (whole/intact, chopped/diced/fruit peels), application (bakery, pastries, ice cream, yogurt), and distribution channel (traditional trade, modern trade, industrial, foodservice), across seven major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia & Pacific, and MEA).
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