Fig Snacks Market
Fig Snacks Market - Global Industry Analysis 2016 - 2020 and Opportunity Assessment 2021 - 2031
Fig Snacks Market Segmented By Fig Rolls, Fig Bars, Fig cookies, Porridge, biscuits and cookies Product in Food and beverage industry, Retail / Household
Fig Snacks Market Forecast and CAGR
Increasing preference for organic and natural plant based food among health-conscious consumers and the rising popularity of organic fig snacks across the world due to increasing awareness about several benefits of organic fig snacks products.
According to latest research by Persistence Market Research, fig snacks market is set to witness steady growth during 2021-2031. Demand for fig snacks will witness steady recovery in short-term, with significant growth outlook in the long-run. Increasing demand of healthy, organic food products drives the market with significant CAGR.
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What is Driving Demand for Fig Snacks?
Increasing trend of vegan consumers, owning to the vegan trend people started demanding plant based and vegetarian food products which are full of nutrition, good fibers, gluten-free products that provide them more health benefits which has increase the fig snacks market globally. Busy life style, on-the go snacks products, getting healthy life style and wellbeing are the main trend which drives the fig snacks market.
Manufacturers started adding different natural ingredients like fruits such as strawberry, apple, lichi, dry fruits such as walnut, dates, etc. and other ingredients like flax, pumpkin seeds, cocoa, cinnamon etc. to the fig snacks products which will provide alternative healthy product to consumers and are the majorly attractive among the millennials.
Lifestyles are becoming tenser and the prevalence of serious diseases has increased tremendously. This has led to the increased adoption of healthy diets and increased consumption of functional food with the recommended dietary allowance. The health benefits of consuming fresh figs have led to their increased inclusion in various food and beverages, in common households as well as in processing industries which has triggered the market growth.
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Health benefits likely to Augment Fig Snacks Sales
In the last few decades, due to urbanization or civilization, there is dramatically growth of some major diseases and health problem have been observed. Changed life style, stressful work hours, lack of physical activity and better nutrients, bad dietary habits cause the weight gain, anxiety, diabetes.
Health consciousness has been increased nowadays to overcome this all health problems, consumers have started consuming healthy and full of nutritious snacks. Fig snacks have potential anticancer cells which have capacity to fight with the cancer cells. It is useful for the patients of type 1 diabetic because it maintains the sugar levels in the body by decreasing insulin needs.
Rising population of health conscious consumers is one of the reasons for the growing fig snacks market. Fig snacks contains fibers which helps to breaks down the blood sugar and control the sugar level in the body. Thus, various health benefits likely to augment the fig snacks products.
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Asia Pacific Fig Snacks Market Outlook
The rising health conscious consumers in Indonesia, India, china, Japan is the reason for significant growth in the region. Increasing health problems due to the consumption of synthesized products has changed consumer perception towards plant based, organic, and healthy fig snack products which is one of the main reasons to increase the demand of fig snacks.
Fig is mainly produce in the Asiatic region from Turkey to northern part of India, which includes countries like Italy, Spain, Greece, Algeria, Portugal, and Turkey. Asia pacific and African countries have high production of fig snacks market as in this region fig production is high this also could be the reason for the high market share of the Asia Pacific region.
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Europe Demand Outlook for Fig Snacks
In the Europe consumption of products which contains sugar is declining significantly while the remarkable growth have been shown for the products containing sweeteners and fibers. Busy life style, nutrition-rich food products, on-the-go snacks products have increase the demand of fig snacks products in the European region.
Europe has been the biggest consumer of fig based snacks products globally. Fig snacks are the rich source of triterpenoids, alkaloids, flavonoids, vitamin C, and, a subgroup of polyphenols, along with magnesium, zinc, iron, potassium, copper, manganese, etc. Increasing consumption of nutritional-rich products have driven this food product market in the Europe.
Who are the Key Manufacturers and Suppliers of Fig Snacks?
These are some of the manufacturer companies which are connected with production of fig snacks market
- SURE KETO
- Made In Nature
- Little Duck Organics
- Mondelez International
- Nabisco Newton
- Nature's Bakery
- fruit Bliss
- Sunny fruit
- That’s it
- Pamela's Products
- sunshine Snacks
- Good Diet
Key players continuously working on the research and development to find the solutions that matches the consumer’s personal health value preference.
By Product Type
- Fig Rolls
- Fig Bars (nutrition bar)
- Fig cookies
- biscuits and cookies
By End-use Industry
- Food and beverage industry
- Bakery products
- Convenience food products
- Confectionary food products
- Health care food products
- Instant food products
- Functional food products
- Retail / Household
By Distribution Channel
- Business to Business
- Business to Consumer
- Hypermarkets / Supermarket
- Specialty Stores
- Convenience Stores
- Online Retail
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Others
- Western Europe
- Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- Rest of Asia Pacific
- Middle East and Africa
- GCC Countries
- Other Middle East
- North Africa
- South Africa
- Other Africa
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Fig Snacks Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.