[Latest] Global Dried Fruits Market Size/Share Worth USD

Austin, TX, USA, May 27, 2024 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled “Dried Fruits Market Size, Trends and Insights By Type (Apricots, Dates, Raisins, Figs, Berries, Others), By Application (Bakery and Confectionery, Dairy and Frozen Desserts, Breakfast Cereals, Beverages, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033” in its research database.

“According to the latest research study, the demand of global Dried Fruits Market size & share was valued at approximately USD 7.1 Billion in 2023 and is expected to reach USD 7.5 Billion in 2024 and is expected to reach a value of around USD 17.6 Billion by 2033, at a compound annual growth rate (CAGR) of about 5.9% during the forecast period 2024 to 2033.”

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Dried Fruits Market: Overview

Dried fruits are dehydrated to extend their shelf life and enhance flavor. They lose water but retain nutrients such as fiber, nutrients, and minerals. This preservation process produces easy, healthy snacks that are commonly used in culinary endeavours and as standalone snacks because of their sweet flavor and soft texture.

Growing customer preference for nutritious and organic snacking is driving up demand for dried fruits as healthier alternatives to processed munchies. Furthermore, the growing popularity of a plant-based diet and vegan lifestyles has increased the demand for dried fruits as handy and tasty plant-based sources of micronutrients.

In addition, the movement towards healthy eating and clean-label goods has increased demand for less processed dried fruits that include no chemicals or chemicals. The growing understanding of the health advantages of dried fruits, including their high fiber, vitamin, and antioxidant levels, has broadened their market beyond typical snack foods to encompass a wide range of culinary uses in baked products, grains, trail mixes, and salads.

These patterns imply an optimistic prognosis for the global dried fruits industry, with ongoing growth expected in the coming years.

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By type, raisins segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Raisins dominate the dried fruit industry owing to their wide popularity, diversity in culinary applications, extended shelf life, organic sweetness, and high nutritional content, which includes fiber, nutrients, and minerals, resulting in a popular option among both consumers and food makers.

By application, the dairy and frozen desserts segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Dairy and frozen desserts dominate the dried fruits market because they may be used as toppings, mix-ins, or flavorings to improve their flavor, texture, and nutritional content, while also providing customers with a quick and adaptable snack or treat alternative.

Europe dominates the dried fruit market owing to the continent’s preference for nutritious and natural snacks, diverse culinary traditions that incorporate dried fruit, widely recognized supply chains, widespread adoption of dried fruits in food production, and efforts promoting sustainable development and ethical sourcing practices.

National Raisin Company has established itself as the most significant independent producer, processor, and transporter of dried fruits in the US.

Report Scope

Feature of the Report	Details
Market Size in 2024	USD 7.5 Billion
Projected Market Size in 2033	USD 17.6 Billion
Market Size in 2023	USD 7.1 Billion
CAGR Growth Rate	5.9% CAGR
Base Year	2023
Forecast Period	2024-2033
Key Segment	By Type, Application and Region
Report Coverage	Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope	North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options	Request tailored purchasing options to fulfil your requirements for research.

(A free sample of the Dried Fruits report is available upon request; please contact us for more information.)

Our Free Sample Report Consists of the following:

Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report.
The COVID-19 Pandemic Outbreak Impact Analysis is included in the package.
About 220+ Pages Research Report (Including Recent Research)
Provide detailed chapter-by-chapter guidance on the Request.
Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2024
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(Please note that the sample of the Dried Fruits report has been modified to include the COVID-19 impact study prior to delivery.)

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CMI has comprehensively analyzed the Global Dried Fruits market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict in depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Dried Fruits industry.

The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.

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Key questions answered in this report:

What is the size of the Dried Fruits market and what is its expected growth rate?
What are the primary driving factors that push the Dried Fruits market forward?
What are the Dried Fruits Industry's top companies?
What are the different categories that the Dried Fruits Market caters to?
What will be the fastest-growing segment or region?
In the value chain, what role do essential players play?
What is the procedure for getting a free copy of the Dried Fruits market sample report and company profiles?

Key Offerings:

Market Share, Size & Forecast by Revenue | 2024−2033
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends
Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions
Competitive Landscape – Top Key Vendors and Other Prominent Vendors

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Dried Fruits Market: Regional Analysis

By region, Dried Fruits market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. Europe dominated the global Dried Fruits market in 2023 with a market share of 40.1% and is expected to keep its dominance during the forecast period 2024-2033.

European customers have an intense need for healthy and natural food goods, and dried fruits are viewed as nutritious and easy snacks or components for a wide range of culinary uses. The region’s priority for health and wellbeing, along with increased knowledge of the advantages of dried fruit such as their high fibre, nutrient, and antioxidant value, leads to their appeal among health-conscious consumers.

Furthermore, Europe’s rich culinary traditions and diverse population generate demand for a wide range of dried fruits from many countries and cultures. This range of product offerings responds to the tastes of diverse customer segments while also contributing to the market’s overall growth.

In addition, customers may easily get dried fruits due to the region’s well-established supply chains and retail facilities through supermarkets, specialty stores, and online channels. Also, the increasing use of dried fruits as components in the food production industry contributes to market growth.

Dried fruits are used by European food makers to improve the flavour, texture, and nutritional content of a variety of items such as cereals, snacks, pastries, sweet items, and dairy products.

In addition, initiatives in Europe that promote sustainable agriculture and ethical sourcing methods help to increase the dried fruit business. Consumers are becoming more concerned about the ecological and social effects of their food purchases, resulting in an affinity for dried fruits that originate from sustainable sources and are ethically produced.

In general, Europe’s cultural tastes, health awareness, gastronomic diversity, strong distribution channels, and conservation efforts all contribute to the region’s dried fruit market expansion.

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List of the prominent players in the Dried Fruits Market:

Sun-Maid Growers of California
Dole Food Company Inc.
Bergin Fruit and Nut Company
Paradise Fruits Solutions GmbH & Co. KG
Olam International Limited
Graceland Fruit Inc.
Traina Foods
Sunbeam Foods Pty Ltd.
Decas Cranberry Products Inc.
Sun Valley Raisins Inc.
Del Monte Foods Inc.
Royal Nut Company
National Raisin Company
California Dried Fruit Inc.
Traina Foods
Bella Viva Orchards
Sunsweet Growers Inc.
Kiantama Oy
Hadley Fruit Orchards
Tropical Foods LLC
Others

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The Dried Fruits Market is segmented as follows:

By Type

Apricots
Dates
Raisins
Figs
Berries
Others

By Application

Bakery and Confectionery
Dairy and Frozen Desserts
Breakfast Cereals
Beverages
Others

By Nature

Slices & Granulates
Powders
Whole Dried Fruits

By Form

Native
Modified

By End-user

Individual
Food Service Providers
Food Processing Industry

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Regional Coverage:

North America

U.S.
Canada
Mexico
Rest of North America

Europe

Germany
France
U.K.
Russia
Italy
Spain
Netherlands
Rest of Europe

Asia Pacific

China
Japan
India
New Zealand
Australia
South Korea
Taiwan
Rest of Asia Pacific

The Middle East & Africa

Saudi Arabia
UAE
Egypt
Kuwait
South Africa
Rest of the Middle East & Africa

Latin America

Brazil
Argentina
Rest of Latin America

This Dried Fruits Market Research/Analysis Report Contains Answers to the following Questions.

What Developments Are Going On in That Technology? Which Trends Are Causing These Developments?
Who Are the Global Key Players in This Dried Fruits Market? What are Their Company Profile, Product Information, and Contact Information?
What Was the Global Market Status of the Dried Fruits Market? What Was the Capacity, Production Value, Cost and PROFIT of the Dried Fruits Market?
What Is the Current Market Status of the Dried Fruits Industry? What's Market Competition in This Industry, Both Company and Country Wise? What's Market Analysis of Dried Fruits Market by Considering Applications and Types?
What Are Projections of the Global Dried Fruits Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports?
What Is Dried Fruits Market Chain Analysis by Upstream Raw Materials and Downstream Industry?
What Is the Economic Impact On Dried Fruits Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends?
What Are Market Dynamics of Dried Fruits Market? What Are Challenges and Opportunities?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Dried Fruits Industry?

Click Here to Access a Free Sample Report of the Global Dried Fruits Market @ https://www.custommarketinsights.com/report/dried-fruits-market/

Reasons to Purchase Dried Fruits Market Report

Dried Fruits Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors.
Dried Fruits Market report outlines market value (USD) data for each segment and sub-segment.
This report indicates the region and segment expected to witness the fastest growth and dominate the market.
Dried Fruits Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region.
The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled.
Extensive company profiles comprising company overview, company insights, product benchmarking, and SWOT analysis for the major market players.
The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions.
Dried Fruits Market Includes in-depth market analysis from various perspectives through Porter's five forces analysis and provides insight into the market through Value Chain.

Reasons for the Research Report

The study provides a thorough overview of the global Dried Fruits market. Compare your performance to that of the market as a whole.

Aim to maintain competitiveness while innovations from established key players fuel market growth.

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What does the report include?

Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Dried Fruits market analysis.

The competitive environment of current and potential participants in the Dried Fruits market is covered in the report, as well as those companies' strategic product development ambitions.

According to the component, application, and industry vertical, this study analyzes the market qualitatively and quantitatively. Additionally, the report offers comparable data for the important regions.

For each segment mentioned above, actual market sizes and forecasts have been given.

Who should buy this report?

Participants and stakeholders worldwide Dried Fruits market should find this report useful. The research will be useful to all market participants in the Dried Fruits industry.
Managers in the Dried Fruits sector are interested in publishing up-to-date and projected data about the worldwide Dried Fruits market.
Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Dried Fruits products' market trends.
Market insights are sought for by analysts, researchers, educators, strategy managers, and government organizations to develop plans.

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