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.
Dried Fruits Market
The global dried fruits market is slated to be valued at 6,999 (USD Million) by 2025 at a CAGR of 5.6% during the forecast timeline. The report offers valuation and analysis of the dried fruits market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, sales estimates, opportunities, current & emerging trends, and industry-validated market figures. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Million).
Dried fruits are vital snacks as well as additives to various kinds of food items as a result of their nutritional benefits & tastes. Furthermore, dried fruit is a key part of the main diet of the Mediterranean people. The large-scale intake of dry fruits has been related to the prevention of conditions including type 2 diabetes, heart ailments, and metabolic syndrome.
Furthermore, dried fruits including raisins, prunes, apricots, figs, apples, dates, and peaches are consumed in various countries. In addition to this, the key principle of drying of the fruits is not only to reduce the moisture but to prevent the microorganism from multiplying as well as avoiding spoilage.
As per NCBI, dried fruit items are key sources of potassium & dietary fibers having low-fat proportions. The dried fruits possess a high quantity of glucose, carbohydrates, and fructose along with moderate proportions of insulin & glycaemic index or GI in comparison to fresh fruits.
Market Growth Drivers
High water content causes the perishability of the fruits. Hence, fresh fruits are dried to extend their shelf life along with the preservation of the product. In dried fruits, a large proportion of water is removed by using the spectrum of drying procedures. Moreover, osmotic dehydration is one of the most suited techniques for enhancing the shelf life of fruits. The process has gained popularity due to its ability to retain flavor, minerals, color, taste, and vitamin along with reducing the water level in fruits. The aforementioned aspects are anticipated to steer the growth of the dried fruits market over the forecast period.
Additionally, dried fruits are easy to store and considered health-promoting nutritive products. Reportedly, studies were conducted on dried fruits such as goji fruits, raisins, and cranberries by NCBI in 2017 and they exhibited antioxidant properties. Furthermore, goji fruits were found to be healthier for consumers. For the record and as per National Health and Nutrition Examination Survey carried out in 1999-2004, it was found that intake of dried fruits helped in enhancing the food quality, increasing nutritional intake, and minimize body weight in the U.S. adult population. These positive outcomes validated and confirmed from the studies made by reputed healthcare organizations like NCBI are anticipated to prompt the market growth over the forthcoming years.
|Dried Fruits Market
|Market Size in 2020
|USD XX Million
|Market Forecast in 2028
|USD 6999 Million
|Compound Annual Growth Rate
|CAGR of 5.6%%
|Number of Pages
|Value (USD Million), and Volume (Units)
|Key Companies Covered
|Traina Foods, Inc., Lion Raisins Inc., Red River Foods Incorporated, Bergin Fruit and Nut Company Inc., Sun-Maid Growers of California, Dole Food Company, Inc., Kiantama Oy, and Sunbeam Foods Pty Ltd.
|By Application, By Type And By Region
|North America, Europe, Asia Pacific (APAC), Latian America, Middle East and Africa (MEA)
|North America: U.S and Canada
Europe: Germany, Italy, Russia, U.K, Spain, France, Rest of Europe
APAC: China, Australia, Japan, India, South Korea, South East Asia, Rest of Asia Pacific
Latin America: Brazil, Argentina, Chile
The Middle East And Africa: South Africa, GCC, Rest of MEA
|2016 to 2018
|2019 - 2025
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The expansion of the market in Asia Pacific during the forecast timeline is attributed to large-scale utilization of dried fruits in confectionaries or as well as bakery products in the countries of the Asia Pacific zone. Apart from this, people consume dried fruits by mixing them in cereals, cheese, and yogurt. Furthermore, the regional market is likely to gain traction over the forthcoming years owing to health benefits derived by the consumers with the intake of dry fruits as a result of its high phytochemical contents.
Key players profiled in the report include Traina Foods, Inc., Lion Raisins Inc., Red River Foods Incorporated, Bergin Fruit and Nut Company Inc., Sun-Maid Growers of California, Dole Food Company, Inc., Kiantama Oy, and Sunbeam Foods Pty Ltd.