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The global dried fruits market attained a value of about USD 10,973.2 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 4.9% to reach approximately USD 14,367.94 million by 2032.
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Dried fruits are associated with various health benefits and contain up to three times more fibres and minerals than fresh fruits. Further, they are rich in nutrients and are a great source of antioxidants due to which they improve blood flow and digestive health while reducing the risk of several diseases. Such health benefits of dried fruits and the rising health consciousness among the young population are contributing significantly to the market growth. Increasing research and development (R&D) along with innovative practices to use dried fruits in various applications is also facilitating the market growth. They are extensively used in dairy and bakery products to enhance flavours, furthering the overall market expansion.
The emergence of the middle-class population with inflating disposable incomes is increasing the demand for convenience snacks, such as raisins and nuts. Moreover, the surging popularity of nutritious breakfast and snack cereals, such as cornflakes, oats, and muesli, among others, contain various dried fruits to enhance their nutritional value, hence boosting the market growth. In addition, the surge of the retail sector, such as convenience stores and supermarkets and hypermarkets, are increasing the accessibility of various dried fruits products, which is also aiding the industry growth. Also, the surge of e-commerce platforms in both developing and developed countries, which offers a wide variety of dried fruit products with ease of convenience, is further bolstering the market growth.
Dried fruits are fruits with no water content. It is made from fruits through drying methods during which the latter shrinks and leaves an energy-dense dried substance. Dried fruits can be preserved without refrigeration for a long period of time. Some of the most common dried fruits are raisins, apricots, prunes, dates, and figs, among others.
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The major types of dried fruits are:
The market can be broadly categorised on the basis of its products into:
By applications, the market is segmented into:
Based on the distribution channel, the industry is divided into:
The EMR report looks into the regional markets of dried fruits like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The inclusion of dried fruits to increase the nutritional value in various delicacies in bakery, snack, dairy, and confectionary industries is propelling the market growth. In addition, rising investments in the packaging of dried fruits by leading companies to make the product more appealing are also boosting the market growth. Further, the introduction of sustainable packaging offering improved portion control and transparency of ingredients attributed to surging environmental consciousness among the consumers is providing further impetus to the industry growth.
The trend of eating healthy, convenient, and delicious snacks is significantly rising owing to the hectic lifestyles of the working population. Also, due to the surge of various chronic diseases, such as diabetes and high blood pressure, the demand for low sugar snacks is rising significantly. As dried fruits like raisins not only have higher insulin index but also are enriched with fibres, potassium, and other healthy compounds, they are increasingly preferred as snacks, further fuelling the market growth. Moreover, the trend of snacking-on-the-go introducing healthy and portable food, such as nuts, which can be consumed in any environment, is further bolstering the dried fruits industry. Additionally, the development of high yield and disease-resistant nuts using various scientific techniques is propelling the market growth.
The report presents a detailed analysis of the following key players in the global dried fruits market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Product |
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Breakup by Application |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global dried fruits market attained a value of nearly USD 10,973.2 million.
The market is projected to grow at a CAGR of 4.9% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 14,367.94 million by 2032.
The market is being aided by inflating disposable incomes and the surging health consciousness among the young population.
The key trends propelling the market growth include the trend of healthy snacking, the growing popularity of snacking-on-the-go, and innovative and sustainable packaging of dried fruit products.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major types of dried fruits in the market are organic and conventional.
The significant products of dried fruits are raisins, apricots, dates, berries, and figs, among others.
The different applications of dried fruits include dairy and desserts, cereals, and snacks and bars, and bakery and confectionery, among others.
The significant distribution channels in the market are supermarkets and hypermarkets, convenience stores, and online, among others.
The key dried fruits market players include AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Sun-Maid Growers of California, Bergin Fruit and Nut Company, Berrifine A/S, and Sunsweet Growers Inc., among others.
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