Global Dried Apricots Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2028
“Global Dried Apricots Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global dried apricots market report has been segmented on the basis of nature, form, distribution channel, and region.
Global Dried Apricots Market: Overview
Dried apricots are dried form of apricot fruit, which are dried using specialized driers and further dehydrated. Dried fruits provide more nutrition that are essential for healthy body and helps to fight many diseases. The dried apricots are rich source of vitamin A, C, K and B complex and organic acids such as malic acid and citric acid. In addition, dried apricots are the source of potassium and carotenoids (vitamin A) as contain high fiber and are used to relieve constipation. The dried apricots have long shelf-life, and are convenient to transport.
Global Dried Apricots Market: Dynamics
Rising health awareness, growing vegan population, and increasing adoption of healthy lifestyle are the major factors expected to drive growth of the target market. Increasing demand for food products in order to fulfill the requirement of nutrients, rising disposable income, are among some other factors expected to fuel growth of the global dried apricots market in the next coming years. Doctors prefer to consume dried apricots as it helps in prevention of many diseases which is another factor projected to drive growth of the target market. Increasing preference to natural flavors in many food companies, coupled with growing adoption of dried apricots in food products such as snacks and bakery foodstuffs for topping are other factors expected to propel growth of the global market in years to come.
However, over consumption of dried apricots with added sugar can increase the risk of obesity and diabetes and high price of dried apricots are among some of the factors expected to hamper growth of the global dried apricots market.
Global Dried Apricots Market: Segment Analysis
Among the nature segments, the organic segment is expected to account for highest growth in terms of revenue in the target market. This is primarily due to increasing consumer inclination towards plant based or natural food product in emerging economies across the globe.
Among the form segments, the whole dried segment is expected to register for moderate revenue growth in the target market.
Among the distribution channel segments, the store based retailing segment is expected to account comparatively maximum revenue share contribution to the target market, owing to offer one-stop experience to customers.
Global Dried Apricots Market: Regional Analysis
Thee market in North America is estimated to account for major share in terms of revenue and maintain dominance in the global market over the forecast period. This can primarily be due to rising health consciousness and increasing adoption of healthy lifestyle among individuals in Canada and US in the region. The market in Europe is projected to account for second-highest growth in terms of revenue in the global market due to growing health consciousness and increasing consumption of dried apricots in bakery products in the region. The Asia Pacific market is expected to register fastest growth rate, owing to growing popularity of nutritional food product in countries such as India and China in the next 10 years.
Global Dried Apricots Market Segmentation:
Segmentation by nature:
Segmentation by form:
- Whole Dried
- Diced/ Granular
Segmentation by distribution channel:
- Store Based Retailing
- Online Retailing
- Traditional Grocery Retailers
Segmentation by Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Purcell Mountain Farms
- B & R Farms, LLC
- King Apricot
- JAB Dried Fruit Products (Pty) Ltd
- Bergin Fruit and Nut Company Inc.
- Sun-Maid Growers of California
- Traina Foods, Inc.
- Sunbeam Foods Pty Ltd.
- Red River Foods Incorporated
- Royal Nut Company
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