Dried Fruits Market Outlook: Competitor, Regional Revenue, and Forecast 2030


 Dried Fruits Market-Overview

By 2030, the dried fruit market is projected to grow at a CAGR of 5.70% and reach USD 15.5 billion.

The demand for dried fruit has grown over time due to the rising popularity of nutrient-dense packaged foods and the widespread use of dried fruit in the dairy, patisserie, snack, and confectionery sectors. The dried fruit market outlook is being driven by changing customer preferences for healthy and nourishing foods due to an increase in obesity and an aging population. Consumers' increased knowledge of the drawbacks of artificial colours and tastes has encouraged them to adopt healthier eating practices. Clean labels or user-friendly labels cut through the clutter of excess information and provide useful details, giving customers a sense of control over their health. Because customers want food without added chemicals or preservatives, clean-label products are in high demand.

Due to ongoing changes in consumption habits, such as the growing appeal of wholesome and nutritious snacks, the snacking business is expanding globally. The demand for dried nuts and fruits throughout the convenience food market is predicted to increase due to the growing trend among consumers to choose quick and luxuriant snacking choices that meet their daily nutritional demands. In addition, it is anticipated that rising investments in research & development of novel snacks containing a variety of dehydrated fruits will spur market expansion in the years to come.

Competitive Analysis

Governments have moved quickly to the economic crisis to avoid the collapse of banks and financial institutions and lessen the impact of the banking crisis on the economy. These actions aim to speed up economic recovery and maintain economic stability. Throughout the projection period, the market expansion is anticipated to be encouraged by improved public policy. The need to evaluate and seize business possibilities is projected to produce attractive options soon. The repercussions of the ongoing epidemic on the world economy have made business continuity increasingly necessary. It is anticipated that the market will be impacted shortly by restructuring its main businesses. In the projected term, it is anticipated that the spike in innovative items in the global supply chain will create new opportunities. Market output stabilization is thought to take a variety of forms. It is anticipated that the reorganization and enhancement of global supply networks and trade agreements will optimize the market in its entirety for the upcoming stage of development.

The vital contenders in the dried fruits market are Red River Foods Incorporated (US), Traina Foods (US), Paradise Fruits (Germany), Sunbeam Foods Pty Ltd (Australia), Dole Food Company Inc (US), National Raisin Company (US), Kiantama Oy (Finland), Sun-Maid Growers of California (US), Lion Raisins Inc (US), and Bergin Fruit and Nut Company Inc. (US).

Segmental Analysis 

The dried fruits market insights is segmented by type: figs, apricots, berries, raisins, and dates. By application, the market is segmented into bakery and confectionery, beverages, dairy and frozen desserts, sweet and savory snacks, and breakfast cereals. By category, the market is segmented into organic and conventional.

Detailed Regional Analysis

Due to growing knowledge of the benefits of functional foods for health and the appeal of on-the-go nutrition, Europe is the top region. Iran, Afghanistan, and Turkey have the highest exports and production of dehydrated fruits, so the Middle East and Africa area holds the largest market share. The demand for dried grapes, table dates, and dried apricots is rising from developed markets in Europe and North America for further processing into value-added commodities, including nutritious baked goods, confectionary, and snacks. Additionally, the growing popularity of bakery goods and dried fruit and nut snacks among young adults in the Middle East and Africa supports the regional market expansion. Due to the locals' access to flexible income possibilities, Asia-Pacific is the region with the highest growth in this sector. Dehydrated fruits are more in demand among millennials due to rising consumer awareness of their nutritional benefits and rising consumer ability to purchase nutritious food.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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

Comments

Post a Comment

Popular posts from this blog

3D Printed Steak Market Exploring Its Impact on the Food Industry

  3D Printed Steak Market Overview 3d printed steak market size was estimated at 5.078 (USD billion) by 2032 with CAGR of 59.24% The 3D printed steak market represents a cutting-edge intersection of food technology and culinary innovation. By leveraging 3D printing technology, manufacturers can create steaks from plant-based ingredients, cultured meat cells, or a combination of both, aiming to replicate the taste, texture, and appearance of traditional meat. This market is driven by various factors including the rising demand for sustainable food sources, ethical concerns regarding animal welfare, and technological advancements in food production. 3D printed steaks offer significant advantages, such as the ability to precisely control the nutritional content and reduce environmental impact compared to conventional meat production. The market is at a nascent stage but holds immense potential, attracting significant investments and interest from food tech companies, venture ca...
Read more

Edible Insects Market Insights: Drivers, Key Players, and Forecast 2032

Image
Edible Insects Market Overview The Global Edible Insects Market 2022 is poised to witness substantial growth over the review period. Edible Insects Market is projected to register a CAGR of 28.36 % and reach a value of USD 10.40 billion by 2032 Market Highlights In the food and feed industry, increased market interest in edible insects is increasing due to amino acids and essential minerals, which have many health benefits associated with intake. Edible insects are rich in calories, fibre, energy, minerals, vitamins, and fatty acids, which have demonstrated a limitless tendency for the products of edible insects. In addition, the increased preference for natural ingredients in food & beverage products has fuelled the global consumer demand for edible insects. In addition, the increasing effect of the use of chemical fertilisers and other harmful substances in the crop sector on the environment has raised demand for organic food due to the low environmental impact on nutrition and s...
Read more

Breakfast Bars Market: A Comprehensive Analysis on Share of Competitor

  Breakfast Bars Market Overview Breakfast bars market is expected to grow from 14.78(USD billion) in 2024 to 17.7 (USD billion) and CAGR of 2.28% during the forecast period (2024 - 2032). The breakfast bars market has experienced significant growth over recent years, driven by the rising demand for convenient and healthy breakfast options. With the modern lifestyle becoming increasingly hectic, consumers are seeking quick and nutritious alternatives to traditional breakfast meals. Breakfast bars, known for their convenience, portability, and nutritional benefits, are filling this niche effectively. These products are generally made from a blend of ingredients such as oats, nuts, dried fruits, and sweeteners, often fortified with vitamins and minerals. They come in various forms, including granola bars, protein bars, and cereal bars, catering to diverse consumer preferences. The market is characterized by a high degree of innovation, with manufacturers constantly introducing...
Read more