12-Mar-2020 | Zion Market Research
As per the researchers at Zion Market Research, the global dried fruits market has been projected to be valued at about US$ 6999 Million by 2025, growing at around 5.6% CAGR during the forecast period. Few the prominent market players include Lion Raisins Inc., Dole Food Company, Inc., Kiantama Oy, Bergin Fruit and Nut Company Inc., Sun-Maid Growers of California, Traina Foods, Inc., Red River Foods Incorporated, and Sunbeam Foods Pty Ltd.
Rising Demand For Mineral And Vitamin-Rich Foods To Drive The Dried Fruits Market
The global dried fruits market is anticipated to develop in the coming years due to the rising demand for mineral- and vitamin-rich foods around the globe. Other factors such as changing preferences of consumer and rising health awareness are expected to drive the dried fruits demand. In addition, the elevated dried fruits demand from the dairy, confectionery, and bakery industries is one more leading factor propelling the growth of the global dried fruits market.
Furthermore, there was a noteworthy surge in the processed ready-to-eat foods on account of the escalating busy lifestyle of customers. The altering food habits as a result of the rising urbanization and the craving for new taste penchants are also propelling the market growth. The ready-to-eat products assist in saving time in the hectic lifestyle and that is a key factor that drives the global dried fruits market growth. For example, Berries of Karelia, the biggest consumer co-operative in Russia, in November 2018, has declared that it was intending to spread its business out and become a prominent producer of dried fruits in the Kostomuksha city (Karelia Republic).
High Dried Fruits Consumption Is Likely To Help Asia Pacific Dominate The Global Dried Fruits Market
The global dried fruits market is segmented based on application, type, and region. The application segment of the market is bifurcated into confectioneries, dairy products, bakery products, snacks & bars, desserts, cereals, and others). The type segment of the global dried fruits market is categorized into apricots, dates, figs, peaches, pears, prunes, raisins, berries, and others).
Regionally, the global dried fruits market is divided into Asia Pacific, North America, Latin America, the Middle East & Africa, and Europe. Asia Pacific, amongst all the regions, is anticipated to govern the global dried fruits market in the coming period. This growth can be attributed to the high use of dried fruits in baked goods and confectionaries in the region. Furthermore, the flourishing retail market in North America is expected to propel the growth of the market as a result of the rising approval of packaged food having nutritional components. Moreover, the rising number of people getting health conscious backed by the increasing disposable income is driving the demand for dried fruits.
Browse the full “Dried Fruits Market - By Application (Dairy Products, Confectioneries, Snacks & Bars, Bakery Products, Cereals, Desserts, and Others), By Type (Dates, Apricots, Peaches, Figs, Prunes, Pears, Berries, Raisins, and Others), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/dried-fruits-market
The global dried fruits market is segmented as follows:
Dried Fruits Market, By Type
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651