Spain Dried Fruits Market Gross Margin, Regional Statistics, Competitor, Forecast
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 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.
Spain's dried fruits market is experiencing steady growth, driven by the increasing consumer preference for healthy and natural snacks. Dried fruits, such as raisins, figs, and dates, are widely consumed in the country and are gaining popularity among health-conscious consumers.
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 dried fruits key market players 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 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.
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