Dried Banana Market Synopsis
The Global Dried Banana Market size is expected to grow from USD 149.6 Million in 2022 to USD 226.13 Million by 2030, at a CAGR of 5.3% during the forecast period (2023-2030).
Dried bananas are a popular snack food that is made by removing the moisture from fresh bananas, resulting in a chewy and slightly sweet product.
- Dried banana is a type of snack food made from bananas that have been dried either through the use of a dehydrator or through sun-drying. Dried bananas are a convenient and nutritious snack that can be enjoyed on their own or used as an ingredient in various recipes.
- Dried bananas are a good source of fibre, vitamins, and minerals, including potassium, magnesium, and vitamin C. They are also high in natural sugars, which can provide a quick source of energy. However, it is important to note that dried bananas are also high in calories, so they should be consumed in moderation as part of a balanced diet.
- Dried bananas can be found in most grocery stores and health food stores, and are often sold in pre-packaged bags or bulk bins. They can be eaten as a snack or used in recipes such as trail mix, granola bars, and baked goods. Dried bananas can also be rehydrated by soaking them in water or adding them to a recipe that contains moisture.
Top Key Players Involved Are:
"Sun-Maid Growers of California (USA), Made in Nature (USA), Peeled Snacks (USA), Just Tomatoes (USA), Natierra (USA), Barnana (USA), That’s it. (USA), Dole Foods (USA), Del Monte Foods (USA), Amport Foods (USA), Tru Fruits (South Africa), Numa Foods (Canada), Royal Nut Company (Australia), Nudie Snacks (UK), Freshness Fine Foods (India), Skout Organic (USA), Golden Raisin (Turkey), Bayara (UAE), Chelmer Foods (UK), Puchka Peru (Peru), And Other Major Players."
Dried Banana Market Trend Analysis
Increasing Demand for Vegan And Gluten-Free Diets
- The growing popularity of vegan and gluten-free diets is one of the drivers of the dried banana market. Dried bananas are naturally vegan and gluten-free, making them an attractive snack option for consumers who follow these dietary restrictions.
- The number of people following a vegan or vegetarian diet has been increasing steadily in recent years, and this trend is expected to continue. Additionally, the prevalence of gluten intolerance and celiac disease has led to an increase in demand for gluten-free products.
- Dried bananas are a healthy and convenient snack option that meets the requirements of these dietary restrictions. They are also a good source of dietary fibre, potassium, and antioxidants, making them a popular choice for health-conscious consumers.
- Manufacturers are responding to this trend by developing new flavours and packaging for dried bananas, which are attracting new consumers and driving growth in the market.
Overall, the popularity of vegan and gluten-free diets is expected to continue driving growth in the dried banana market in the forecast period.
Alteration with innovation
- Dried bananas can be flavoured with a variety of spices, seasonings, and natural flavourings to create unique and interesting taste profiles. For example, dried bananas can be infused with cinnamon, ginger, or other spices to create a warm and comforting flavour. Alternatively, they can be coated with chocolate, peanut butter, or other flavours to appeal to consumers with a sweet tooth.
- Dried bananas can be processed in different ways to create different textures Offering a variety of textures can appeal to consumers with different preferences and create opportunities to differentiate products.
- Innovative packaging can make dried bananas more convenient, eye-catching, and appealing to consumers. Resealable packaging can help preserve freshness and encourage repeat purchases, while single-serve packaging can appeal to consumers looking for on-the-go snack options.
- Dried bananas can be fortified with additional nutrients such as protein, vitamins, and minerals to create a healthier snack option. This can appeal to consumers who are looking for functional foods that provide additional nutritional benefits.
In conclusion, innovations in dried bananas can create unique and appealing products that capture consumer attention and drive the market.
Segmentation Analysis Of The Dried Banana Market
Dried banana market segments cover the Type, Form, Packaging, Flavouring/Coating, Distribution Channel & Application. By Type, organic dried banana is anticipated to dominate the market over the forecast period.
- Organic dried bananas are free from synthetic pesticides and chemicals, which can be harmful to human health when consumed in large quantities. By choosing organic dried bananas, consumers can reduce their exposure to these harmful substances and enjoy healthier snacks.
- Organic farming methods are designed to minimize the environmental impact of agriculture by promoting soil health, conserving water, and reducing greenhouse gas emissions. Choosing organic dried bananas can help support sustainable farming practices and protect the environment.
- Organic certification often requires farmers to adhere to fair labour standards and pay fair prices to their workers. By choosing organic dried bananas, consumers can support farmers who are working under fair labour conditions and help promote social justice in the agricultural sector.
However, organic dried bananas offer a healthier and more sustainable snack option for consumers who are looking for a high-quality and socially responsible product.
Regional Analysis of The Dried Banana Market
- The North American dried banana market is primarily driven by the United States, which is one of the largest producers and consumers of dried bananas in the world. The market is expected to continue growing due to increasing demand for healthy snack options and the availability of a variety of dried banana products in the region.
- The Asia-Pacific region is one of the fastest-growing markets for dried bananas, due to the increasing health consciousness among consumers, rising disposable incomes, and the availability of a variety of dried banana products in the region. India, China, and Japan are the major markets for dried bananas in the Asia-Pacific region. As mentioned in the graph, Ecuador is the highest producer of Dried Banana.
Source: Tridge
Covid-19 Impact On The Dried Banana Market
- The pandemic has created challenges for the dried banana market. The disruption in global trade caused by the pandemic has resulted in supply chain disruptions and increased transportation costs, making it difficult for some producers to export their products.
- Additionally, the economic downturn caused by the pandemic has resulted in reduced consumer spending power, which has negatively impacted the purchasing power of some consumers.
- Furthermore, the pandemic has caused production and logistical issues for some producers, particularly in countries that have implemented strict lockdown measures. These issues have resulted in reduced supply and increased production costs for some producers.
At last, the COVID-19 pandemic had supply chain disruptions, economic uncertainty, and production issues that have presented challenges for some producers.
Top Key Players Covered In the dried banana Market
- Sun-Maid Growers of California (USA)
- Made in Nature (USA)
- Peeled Snacks (USA)
- Just Tomatoes (USA)
- Natierra (USA)
- Barnana (USA)
- That’s it. (USA)
- Dole Foods (USA)
- Del Monte Foods (USA)
- Amport Foods (USA)
- Tru Fruits (South Africa)
- Numa Foods (Canada)
- Royal Nut Company (Australia)
- Nudie Snacks (UK)
- Freshness Fine Foods (India)
- Skout Organic (USA)
- Golden Raisin (Turkey)
- Bayara (UAE)
- Chelmer Foods (UK)
- Puchka Peru (Peru), and Other Major Players
Key Industry Developments In The Dried Banana Market
In June 2020, Sun-Maid Growers of California is introducing Sun-Maid Bites, a new snack made with ingredients including oats, nuts and fruit.
In February 2023, Fresh Del Monte & Talc Investment Announce Banana Partnership In Somalia. Fresh Del Monte Will Have Operational Oversight & Train The Team On The Ground.
Global Dried Banana Market
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Base Year:
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2022
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Forecast Period:
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2023-2030
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Historical Data:
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2016 to 2022
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Market Size in 2022:
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USD XXX Bn.
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Forecast Period 2023-30 CAGR:
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XXX%
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Market Size in 2030:
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USD XXX Bn.
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Segments Covered:
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By Type
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By Form
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- Slices
- Chips
- Whole Pieces
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By Packaging
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- Individual Snack Packs
- Bulk Bags
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By Flavourings Or Coatings
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By Distribution Channel
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By Application
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- Direct Consumption
- Candy
- Snacks
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By Region
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- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
- South America (Brazil, Argentina, Rest of SA)
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Form
3.3 By Packaging
3.4 By Flavourings Or Coatings
3.5 By Distribution Channel
3.6 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Dried Banana Market by Type
5.1 Dried Banana Market Overview Snapshot and Growth Engine
5.2 Dried Banana Market Overview
5.3 organic & conventional
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2030F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 organic & conventional: Geographic Segmentation
Chapter 6: Dried Banana Market by Form
6.1 Dried Banana Market Overview Snapshot and Growth Engine
6.2 Dried Banana Market Overview
6.3 Slices
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2030F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Slices: Geographic Segmentation
6.4 Chips
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2030F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Chips: Geographic Segmentation
6.5 Whole Pieces
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2030F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Whole Pieces: Geographic Segmentation
Chapter 7: Dried Banana Market by Packaging
7.1 Dried Banana Market Overview Snapshot and Growth Engine
7.2 Dried Banana Market Overview
7.3 Individual Snack Packs
7.3.1 Introduction and Market Overview
7.3.2 Historic and Forecasted Market Size (2016-2030F)
7.3.3 Key Market Trends, Growth Factors and Opportunities
7.3.4 Individual Snack Packs: Geographic Segmentation
7.4 Bulk Bags
7.4.1 Introduction and Market Overview
7.4.2 Historic and Forecasted Market Size (2016-2030F)
7.4.3 Key Market Trends, Growth Factors and Opportunities
7.4.4 Bulk Bags: Geographic Segmentation
Chapter 8: Dried Banana Market by Flavourings Or Coatings
8.1 Dried Banana Market Overview Snapshot and Growth Engine
8.2 Dried Banana Market Overview
8.3 Sugar
8.3.1 Introduction and Market Overview
8.3.2 Historic and Forecasted Market Size (2016-2030F)
8.3.3 Key Market Trends, Growth Factors and Opportunities
8.3.4 Sugar: Geographic Segmentation
8.4 Honey
8.4.1 Introduction and Market Overview
8.4.2 Historic and Forecasted Market Size (2016-2030F)
8.4.3 Key Market Trends, Growth Factors and Opportunities
8.4.4 Honey: Geographic Segmentation
8.5 Other
8.5.1 Introduction and Market Overview
8.5.2 Historic and Forecasted Market Size (2016-2030F)
8.5.3 Key Market Trends, Growth Factors and Opportunities
8.5.4 Other: Geographic Segmentation
Chapter 9: Dried Banana Market by Distribution Channel
9.1 Dried Banana Market Overview Snapshot and Growth Engine
9.2 Dried Banana Market Overview
9.3 Online
9.3.1 Introduction and Market Overview
9.3.2 Historic and Forecasted Market Size (2016-2030F)
9.3.3 Key Market Trends, Growth Factors and Opportunities
9.3.4 Online: Geographic Segmentation
9.4 Offline
9.4.1 Introduction and Market Overview
9.4.2 Historic and Forecasted Market Size (2016-2030F)
9.4.3 Key Market Trends, Growth Factors and Opportunities
9.4.4 Offline: Geographic Segmentation
Chapter 10: Dried Banana Market by Application
10.1 Dried Banana Market Overview Snapshot and Growth Engine
10.2 Dried Banana Market Overview
10.3 Direct Consumption
10.3.1 Introduction and Market Overview
10.3.2 Historic and Forecasted Market Size (2016-2030F)
10.3.3 Key Market Trends, Growth Factors and Opportunities
10.3.4 Direct Consumption: Geographic Segmentation
10.4 Candy And Snacks
10.4.1 Introduction and Market Overview
10.4.2 Historic and Forecasted Market Size (2016-2030F)
10.4.3 Key Market Trends, Growth Factors and Opportunities
10.4.4 Candy And Snacks: Geographic Segmentation
Chapter 11: Company Profiles and Competitive Analysis
11.1 Competitive Landscape
11.1.1 Competitive Positioning
11.1.2 Dried Banana Sales and Market Share By Players
11.1.3 Industry BCG Matrix
11.1.4 Heat Map Analysis
11.1.5 Dried Banana Industry Concentration Ratio (CR5 and HHI)
11.1.6 Top 5 Dried Banana Players Market Share
11.1.7 Mergers and Acquisitions
11.1.8 Business Strategies By Top Players
11.2 SUN-MAID GROWERS OF CALIFORNIA (USA)
11.2.1 Company Overview
11.2.2 Key Executives
11.2.3 Company Snapshot
11.2.4 Operating Business Segments
11.2.5 Product Portfolio
11.2.6 Business Performance
11.2.7 Key Strategic Moves and Recent Developments
11.2.8 SWOT Analysis
11.3 MADE IN NATURE (USA)
11.4 PEELED SNACKS (USA)
11.5 JUST TOMATOES (USA)
11.6 NATIERRA (USA)
11.7 BARNANA (USA)
11.8 THAT’S IT. (USA)
11.9 DOLE FOODS (USA)
11.10 DEL MONTE FOODS (USA)
11.11 AMPORT FOODS (USA)
11.12 TRU FRUITS (SOUTH AFRICA)
11.13 NUMA FOODS (CANADA)
11.14 ROYAL NUT COMPANY (AUSTRALIA)
11.15 NUDIE SNACKS (UK)
11.16 FRESHNESS FINE FOODS (INDIA)
11.17 SKOUT ORGANIC (USA)
11.18 GOLDEN RAISIN (TURKEY)
11.19 BAYARA (UAE)
11.20 CHELMER FOODS (UK)
11.21 PUCHKA PERU (PERU)
11.22 OTHER MAJOR PLAYERS
Chapter 12: Global Dried Banana Market Analysis, Insights and Forecast, 2016-2030
12.1 Market Overview
12.2 Historic and Forecasted Market Size By Type
12.2.1 organic & conventional
12.3 Historic and Forecasted Market Size By Form
12.3.1 Slices
12.3.2 Chips
12.3.3 Whole Pieces
12.4 Historic and Forecasted Market Size By Packaging
12.4.1 Individual Snack Packs
12.4.2 Bulk Bags
12.5 Historic and Forecasted Market Size By Flavourings Or Coatings
12.5.1 Sugar
12.5.2 Honey
12.5.3 Other
12.6 Historic and Forecasted Market Size By Distribution Channel
12.6.1 Online
12.6.2 Offline
12.7 Historic and Forecasted Market Size By Application
12.7.1 Direct Consumption
12.7.2 Candy And Snacks
Chapter 13: North America Dried Banana Market Analysis, Insights and Forecast, 2016-2030
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 organic & conventional
13.5 Historic and Forecasted Market Size By Form
13.5.1 Slices
13.5.2 Chips
13.5.3 Whole Pieces
13.6 Historic and Forecasted Market Size By Packaging
13.6.1 Individual Snack Packs
13.6.2 Bulk Bags
13.7 Historic and Forecasted Market Size By Flavourings Or Coatings
13.7.1 Sugar
13.7.2 Honey
13.7.3 Other
13.8 Historic and Forecasted Market Size By Distribution Channel
13.8.1 Online
13.8.2 Offline
13.9 Historic and Forecasted Market Size By Application
13.9.1 Direct Consumption
13.9.2 Candy And Snacks
13.10 Historic and Forecast Market Size by Country
13.10.1 US
13.10.2 Canada
13.10.3 Mexico
Chapter 14: Eastern Europe Dried Banana Market Analysis, Insights and Forecast, 2016-2030
14.1 Key Market Trends, Growth Factors and Opportunities
14.2 Impact of Covid-19
14.3 Key Players
14.4 Key Market Trends, Growth Factors and Opportunities
14.4 Historic and Forecasted Market Size By Type
14.4.1 organic & conventional
14.5 Historic and Forecasted Market Size By Form
14.5.1 Slices
14.5.2 Chips
14.5.3 Whole Pieces
14.6 Historic and Forecasted Market Size By Packaging
14.6.1 Individual Snack Packs
14.6.2 Bulk Bags
14.7 Historic and Forecasted Market Size By Flavourings Or Coatings
14.7.1 Sugar
14.7.2 Honey
14.7.3 Other
14.8 Historic and Forecasted Market Size By Distribution Channel
14.8.1 Online
14.8.2 Offline
14.9 Historic and Forecasted Market Size By Application
14.9.1 Direct Consumption
14.9.2 Candy And Snacks
14.10 Historic and Forecast Market Size by Country
14.10.1 Bulgaria
14.10.2 The Czech Republic
14.10.3 Hungary
14.10.4 Poland
14.10.5 Romania
14.10.6 Rest of Eastern Europe
Chapter 15: Western Europe Dried Banana Market Analysis, Insights and Forecast, 2016-2030
15.1 Key Market Trends, Growth Factors and Opportunities
15.2 Impact of Covid-19
15.3 Key Players
15.4 Key Market Trends, Growth Factors and Opportunities
15.4 Historic and Forecasted Market Size By Type
15.4.1 organic & conventional
15.5 Historic and Forecasted Market Size By Form
15.5.1 Slices
15.5.2 Chips
15.5.3 Whole Pieces
15.6 Historic and Forecasted Market Size By Packaging
15.6.1 Individual Snack Packs
15.6.2 Bulk Bags
15.7 Historic and Forecasted Market Size By Flavourings Or Coatings
15.7.1 Sugar
15.7.2 Honey
15.7.3 Other
15.8 Historic and Forecasted Market Size By Distribution Channel
15.8.1 Online
15.8.2 Offline
15.9 Historic and Forecasted Market Size By Application
15.9.1 Direct Consumption
15.9.2 Candy And Snacks
15.10 Historic and Forecast Market Size by Country
15.10.1 Germany
15.10.2 UK
15.10.3 France
15.10.4 Netherlands
15.10.5 Italy
15.10.6 Russia
15.10.7 Spain
15.10.8 Rest of Western Europe
Chapter 16: Asia Pacific Dried Banana Market Analysis, Insights and Forecast, 2016-2030
16.1 Key Market Trends, Growth Factors and Opportunities
16.2 Impact of Covid-19
16.3 Key Players
16.4 Key Market Trends, Growth Factors and Opportunities
16.4 Historic and Forecasted Market Size By Type
16.4.1 organic & conventional
16.5 Historic and Forecasted Market Size By Form
16.5.1 Slices
16.5.2 Chips
16.5.3 Whole Pieces
16.6 Historic and Forecasted Market Size By Packaging
16.6.1 Individual Snack Packs
16.6.2 Bulk Bags
16.7 Historic and Forecasted Market Size By Flavourings Or Coatings
16.7.1 Sugar
16.7.2 Honey
16.7.3 Other
16.8 Historic and Forecasted Market Size By Distribution Channel
16.8.1 Online
16.8.2 Offline
16.9 Historic and Forecasted Market Size By Application
16.9.1 Direct Consumption
16.9.2 Candy And Snacks
16.10 Historic and Forecast Market Size by Country
16.10.1 China
16.10.2 India
16.10.3 Japan
16.10.4 South Korea
16.10.5 Malaysia
16.10.6 Thailand
16.10.7 Vietnam
16.10.8 The Philippines
16.10.9 Australia
16.10.10 New Zealand
16.10.11 Rest of APAC
Chapter 17: Middle East & Africa Dried Banana Market Analysis, Insights and Forecast, 2016-2030
17.1 Key Market Trends, Growth Factors and Opportunities
17.2 Impact of Covid-19
17.3 Key Players
17.4 Key Market Trends, Growth Factors and Opportunities
17.4 Historic and Forecasted Market Size By Type
17.4.1 organic & conventional
17.5 Historic and Forecasted Market Size By Form
17.5.1 Slices
17.5.2 Chips
17.5.3 Whole Pieces
17.6 Historic and Forecasted Market Size By Packaging
17.6.1 Individual Snack Packs
17.6.2 Bulk Bags
17.7 Historic and Forecasted Market Size By Flavourings Or Coatings
17.7.1 Sugar
17.7.2 Honey
17.7.3 Other
17.8 Historic and Forecasted Market Size By Distribution Channel
17.8.1 Online
17.8.2 Offline
17.9 Historic and Forecasted Market Size By Application
17.9.1 Direct Consumption
17.9.2 Candy And Snacks
17.10 Historic and Forecast Market Size by Country
17.10.1 Turkey
17.10.2 Bahrain
17.10.3 Kuwait
17.10.4 Saudi Arabia
17.10.5 Qatar
17.10.6 UAE
17.10.7 Israel
17.10.8 South Africa
Chapter 18: South America Dried Banana Market Analysis, Insights and Forecast, 2016-2030
18.1 Key Market Trends, Growth Factors and Opportunities
18.2 Impact of Covid-19
18.3 Key Players
18.4 Key Market Trends, Growth Factors and Opportunities
18.4 Historic and Forecasted Market Size By Type
18.4.1 organic & conventional
18.5 Historic and Forecasted Market Size By Form
18.5.1 Slices
18.5.2 Chips
18.5.3 Whole Pieces
18.6 Historic and Forecasted Market Size By Packaging
18.6.1 Individual Snack Packs
18.6.2 Bulk Bags
18.7 Historic and Forecasted Market Size By Flavourings Or Coatings
18.7.1 Sugar
18.7.2 Honey
18.7.3 Other
18.8 Historic and Forecasted Market Size By Distribution Channel
18.8.1 Online
18.8.2 Offline
18.9 Historic and Forecasted Market Size By Application
18.9.1 Direct Consumption
18.9.2 Candy And Snacks
18.10 Historic and Forecast Market Size by Country
18.10.1 Brazil
18.10.2 Argentina
18.10.3 Rest of SA
Chapter 19 Investment Analysis
Chapter 20 Analyst Viewpoint and Conclusion