Market Overview:
Fig Snacks Market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The fig snacks market is segmented on the basis of type, application and region. On the basis of type, fig rolls are expected to dominate the market with a share of more than 50%. Fig bars are also anticipated to witness significant growth during the forecast period owing to their increasing demand from health-conscious consumers. By application, hypermarkets and supermarkets are estimated to account for majority of the global fig snacks market share in 2018. This can be attributed to rising demand for healthy snack options among consumers across these channels.
Product Definition:
Fig Snacks are a type of food that is made from figs. Fig Snacks are often eaten as a snack, and they can also be used in recipes.
Fig Rolls:
Figs Rolls is a product made by rolling dried and chopped Figs in Palm Oil. It is usually consumed as an after-dinner mint or between meals with tea or coffee. The product was first introduced to the American public in 1874 by P&G (Parle & Godrej) when they started selling Dabur Choco-late as an After-Dinner mint.
Fig Bars:
It is a type of dried fruit snack made from dates, prunes, apricots and figs. It has high nutritional value with vitamins B6 & C and minerals such as iron & calcium. The bars are available in different flavors such as chocolate, vanilla and strawberry which adds to its consumer appeal.
The product was launched in U.
Application Insights:
Hypermarkets and supermarkets held the largest share of more than 60.0% in 2017. The application segment is expected to witness significant growth over the forecast period owing to increasing consumer disposable income, coupled with rising food expenditure in this category of stores. Independent retailers are also anticipated to be one of the fastest-growing segments due to growing consumer preference for personalized product recommendations from store owners themselves, as opposed to generic nutritional information printed on packaging labels or websites. Online retailers are also expected register a notable share owing to their ability offer customized product offerings at lower costs and greater convenience than brick-and-mortar specialty food stores do these days.
The independent snack manufacturers¢â‚¬â„¢ objective is not only limited towards entering into direct sales but also towards expanding their distribution network by establishing strategic alliances with hypermarket/supermarket chains that operate across various countries worldwide (e.g., Germany - Philippines alliance).
Regional Analysis:
North America dominated the global market in 2017. High consumption of fig snacks in this region is attributed to high availability and popularity of these products among consumers. Furthermore, increasing health consciousness has resulted in increased demand for organic and natural ingredients-based snacks, which is expected to further fuel the growth over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing to growing consumer awareness regarding nutritional diet coupled with increasing disposable income levels among middle class groups especially millennials in countries including China, India, Indonesia, Malaysia and Thailand.
Growth Factors:
- Increasing demand for healthy snacks: The global fig snacks market is expected to grow at a CAGR of over 5% during the forecast period. This can be attributed to the increasing demand for healthy and nutritious snacks among health-conscious consumers.
- Rising awareness about the benefits of figs: Figs are rich in fiber, minerals, and vitamins, which has led to an increase in their demand as a functional food ingredient across the globe. This is further expected to drive the growth of the fig snacks market in coming years.
- Growing popularity of Mediterranean cuisine: The popularity of Mediterranean cuisine is another key factor that is anticipated to fuel the growth of Fig Snacks market during forecast period 2017-2025 .Fig based products are widely used in this type cuisines owing their unique flavor profile and nutritional value .This would create new opportunities for players operating in Fig Snacks Market .
Scope Of The Report
Report Attributes
Report Details
Report Title
Fig Snacks Market Research Report
By Type
Fig Rolls, Fig Bars, Other
By Application
Hypermarkets and Supermarkets, Specialty Food Stores, Independent Retailers, Online Retailers
By Companies
Kellogg, Little Duck Organics, Made In Nature, Mondelez International, Nature's Bakery, Pamela's Products, Newtons, Sunshine Snacks, Kellogg
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
181
Number of Tables & Figures
127
Customization Available
Yes, the report can be customized as per your need.
Global Fig Snacks Market Report Segments:
The global Fig Snacks market is segmented on the basis of:
Types
Fig Rolls, Fig Bars, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hypermarkets and Supermarkets, Specialty Food Stores, Independent Retailers, Online Retailers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kellogg
- Little Duck Organics
- Made In Nature
- Mondelez International
- Nature's Bakery
- Pamela's Products
- Newtons
- Sunshine Snacks
- Kellogg
Highlights of The Fig Snacks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fig Rolls
- Fig Bars
- Other
- By Application:
- Hypermarkets and Supermarkets
- Specialty Food Stores
- Independent Retailers
- Online Retailers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Fig Snacks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Fig Snacks is a line of dried fruit snacks made by Figs International, Inc. The company was founded in 1984 and produces a variety of fruit-based snacks, including fig bars, fig crisps, fig cookies and Fig Newton bars.
Some of the major companies in the fig snacks market are Kellogg, Little Duck Organics, Made In Nature, Mondelez International, Nature's Bakery, Pamela's Products, Newtons, Sunshine Snacks, Kellogg.
The fig snacks market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Fig Snacks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Fig Snacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Fig Snacks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Fig Snacks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Fig Snacks Market Size & Forecast, 2020-2028
4.5.1 Fig Snacks Market Size and Y-o-Y Growth
4.5.2 Fig Snacks Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fig Rolls
5.2.2 Fig Bars
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hypermarkets and Supermarkets
6.2.2 Specialty Food Stores
6.2.3 Independent Retailers
6.2.4 Online Retailers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Fig Snacks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Fig Snacks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fig Rolls
9.6.2 Fig Bars
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hypermarkets and Supermarkets
9.10.2 Specialty Food Stores
9.10.3 Independent Retailers
9.10.4 Online Retailers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fig Rolls
10.6.2 Fig Bars
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hypermarkets and Supermarkets
10.10.2 Specialty Food Stores
10.10.3 Independent Retailers
10.10.4 Online Retailers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fig Rolls
11.6.2 Fig Bars
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hypermarkets and Supermarkets
11.10.2 Specialty Food Stores
11.10.3 Independent Retailers
11.10.4 Online Retailers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fig Rolls
12.6.2 Fig Bars
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hypermarkets and Supermarkets
12.10.2 Specialty Food Stores
12.10.3 Independent Retailers
12.10.4 Online Retailers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fig Rolls
13.6.2 Fig Bars
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hypermarkets and Supermarkets
13.10.2 Specialty Food Stores
13.10.3 Independent Retailers
13.10.4 Online Retailers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Fig Snacks Market: Competitive Dashboard
14.2 Global Fig Snacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Kellogg
14.3.2 Little Duck Organics
14.3.3 Made In Nature
14.3.4 Mondelez International
14.3.5 Nature's Bakery
14.3.6 Pamela's Products
14.3.7 Newtons
14.3.8 Sunshine Snacks
14.3.9 Kellogg
