Dried Fruit Market Size Analysis and Forecast to 2030: COVID-19 and Post-COVID Impact, Opportunities and Trends

Comments · 317 Views

Global dried fruit market is estimated to mature at a  CAGR of 4.70%  during the forecast to reach  USD 9900.3 Million  by 2030.

Dried Fruit Market Overview:

Global dried fruit market is estimated to mature at a CAGR of 4.70% during the forecast to reach USD 9900.3 Million by 2030.

Dried Fruit Market Scenario:

New fruits with short lifespan have added value to the replacement demand of dried fruits. Additionally, rising health consciousness among customers has a positive effect on the dried fruit industry. In addition, increasing RD to introduce developments in different product lines about its applications is adding fuel to market growth. The Dried Fruit Market Size is gaining acceptance due to its simple snack to pack features that prevent the spoiling of fruits as quickly as fresh fruits.

In addition, the demand is seen to be driven by its deployment in numerous product lines. The growth of the industry over the past few years has intensified the increasing trend of on-the-go snacks. Features such as decreased perishability and ease of transport have made dried fruits a typical healthy snack. In addition, dried fruit has gained significant prominence as an ingredient for salads, cooked goods, oatmeal, dessert, and dessert. Over the past few years, raisins have gained considerable prominence in the chocolate industry as they add a rich taste and nutrients in chocolates.

Consumers' desire to eat refined nutritious food products adds steam to the demand for dried fruits. Due to the growing nutritional level of the commodity, it is gaining popularity in the food processing industry for use in different food lines. Producers have been implementing revolutionary dried fruit packaging. Furthermore, they have been using exotic and tropical fruits in their product line to draw more buyers.

With growing market brand recognition and stringent international trade restrictions on packaging, dried fruit producers have steadily invested in packaging. However, hypersensitivity towards certain fruits followed by the lack of a certain proportion of vitamins during hydrolysis reaction could hinder the demand for dried fruits over the forecast period.   

Regional Overview:

North America, Europe, Asia Pacific, and the rest of the world (ROW) was segmented into the worldwide Dried Fruit. The Asia Pacific market, led by North America and Europe, accounts for the majority share. As a result of the festival and gifting culture in India, India dominated the dried fruit market in the Asia Pacific region. In North America, the booming supermarket industry is adding steam to the market growth due to the growing adoption of processed food containing nutritious ingredients. In addition, the growing population of health-conscious consumers and the disposable income is driving demand for dried fruits.

Top Key Players:

Some of the key players profiled in the global dried fruit market are National Raisin Company (U.S.), Ocean Spray Cranberries, Inc. (U.S.), Olam International (Singapore), Arimex Ltd (Lithuania), Sunbeam foods Pty ltd (Australia), Sun-Maid (U.S.), and SUNSWEET (U.S.)

Dried Fruit Market Segmentation:

Dried Fruit Powder, including dried grapes, apricots, figs, dates, peaches, berries, and others, is segmented

Based on Type Apricots, Figs, Dates, Raisins, Berries, Others

Based on Form. Dried grapes, among other aspects, play a significant role in the industry because they have the benefit of regulating blood pressure, which is of particular importance to the aging population.

Based on the Application, the market for dried fruit is divided into cereals for breakfast, bakeries, confectionery, snacks, desserts, and others. Among these, the segment led by confectionery products is expected to dominate applications for baking products. In addition, dried fruits provide consumers with different nutritional elements that fuel the growth of the dried fruit market. 

Based on Category Conventional, Organic

Dried fruit is sold either through a store-based channel or a non-store-based channel, based on the distribution channel. However, based on offering a one-stop experience to clients, the store-based platform dominates the market.

About Market Research Future:

Market Research Future (MRFR) is a world-renowned market research company that offers a wide range of services, complete with accurate and precise analysis about diverse markets, sub-markets, and target consumers. Our approach is a combination of extensive information and multiple data sources that help provide an exhaustive comprehension about the latest major developments to the client, in addition to future events and what measures and decisions to take based on the same.

Our fast-emerging market research firm is armed with an adept research analysts’ team that focuses on gathering useful data and analytics in terms of economic and technological advances. Our proficient analysts conduct industrial visits in a bid to achieve reliable and accurate information from established market participants. One of our foremost objectives is to keep the client well-versed with all the lucrative opportunities as well as challenges surrounding various global markets. We offer step-by-step guidance to our clients, through consulting and strategic services, enabling them to arrive at a practical and effective decision.

Contact Us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

Comments