Global Dried Fruit Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
MarketResearch.biz delivers in-depth insights on the global dried fruit market in its upcoming report titled, “Global Dried Fruit Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global dried fruit market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global dried fruit market report has been segmented on the basis of product type, application, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Traditionally, dried fruits are made through sun drying. Recently, dried fruits are processed using dehydrators and specialized driers. Dried fruits contain high amount of nutrients such as potassium, vitamin A and vitamin C. They also contain fiber and antioxidants known as phenols, that helps to reduce risk of cancer, heart diseases, and diabetes. Various types of dried fruits are available in the market such as cranberries, grapes, peaches, apricots, etc.
Rising health awareness and increasing adoption of nutritional food in regular diet are major factors driving growth of the global market. Increasing demand for healthy snacks and growing popularity of eating in moderation are also key factors fueling growth of the target market. Rising disposable income and increasing population are also other factors propelling growth of the global market. In addition, increasing preference towards natural flavoring and rising demand of dried fruits in food industry are factors boosting growth of the market. Rising adoption of healthy lifestyle and further innovation in fruit drying techniques are factors expected to drive growth of the global market.
However, overconsumption of dried fruit can increase risk of diabetes and obesity. Presence of sulfite preservatives in dried fruits can also cause asthma attacks, stomach cramps and skin rashes. These factors are expected to hamper growth of the global dried fruit market.
Development of inexpensive dried fruits without any harmful chemicals and availability of wide range of dried fruit based products can create high revenue opportunities for target players in the market.
The market in North America accounts for largest market share in terms of revenue and is expected to maintain its dominance over the forecast period, owing to increasing adoption of healthy lifestyle among individuals in the region. The market in Europe is expected to account for second-highest share in the market in terms of revenue over the forecast period, owing to increasing demand for dried fruits for flavored chocolates and baked products in the region. The market in Asia Pacific is expected to witness lucrative growth especially in China and India, owing to increasing popularity of nutritional food and rising affluence of the middle class population.
Global Dried Fruit Market Segmentation:
Segmentation by product type:
- Others (Apples, Lychees etc.)
Segmentation by application:
- Dairy Products
- Bakery Products
- Snacks & Bars
- Others (alcoholic beverages, nonalcoholic beverages, etc.)
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$
- Arimex Ltd
- Mariani Packing Co., Inc.
- Sunshine Raisin Corporation
- Ocean Spray Cranberries, Inc.
- Olam International Limited
- Sunbeam Foods Pty Ltd.
- Sun-Maid Growers of California, Inc.
- Sunsweet Growers Inc.
- Graceland Fruit, Inc.
- Decas Cranberry Products, Inc.
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