According to the report by Expert Market Research (EMR), the global dried fruits market is projected to grow at a CAGR of 4.9% between 2024 and 2032. Aided by the growing consumer inclination towards healthy and convenient snack options, the market is expected to grow significantly by 2032.
Dried fruits are fruits from which the majority of water content has been removed through drying methods. The result is a nutrient-dense, sweet, and long-lasting snack. Common dried fruits include raisins, dates, prunes, apricots, and figs. These products are prized for their extended shelf life, portability, and concentrated flavour, making them a favourite snack across the globe.
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The primary factor driving the dried fruits market growth is the increasing awareness of health and wellness among consumers. Dried fruits, rich in fibre, vitamins, and minerals, are seen as a healthier alternative to processed snacks. This shift in consumer preference is significantly contributing to the market’s expansion.
The convenience factor also plays a crucial role. In today’s fast-paced lifestyle, dried fruits offer a quick and easy snack option that caters to the need for on-the-go nutrition without compromising health.
According to the dried fruits market analysis, the versatility of dried fruits, which can be used in various culinary applications ranging from baking to cooking, also adds to their growing popularity. They are increasingly being used in breakfast cereals, salads, desserts, and even as toppings in various dishes.
Health-conscious consumers are increasingly opting for organic and natural food products, including dried fruits. The demand for organic dried fruits is growing, driven by the desire to consume products free from pesticides and chemicals.
Another trend is the rising demand for sugar-free and no-added-sugar dried fruits. Manufacturers are responding to this demand by offering a range of products that cater to health-conscious consumers and those with specific dietary restrictions.
The Asia Pacific region accounts for a significant portion of the dried fruits market share, primarily due to the large consumption in countries like China, India, and Japan. The region’s diverse culinary traditions that incorporate dried fruits play a significant role in this dominance. North America and Europe also hold significant shares in the global market, driven by the increasing health consciousness and preference for natural snack options.
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Looking ahead, the dried fruits market is poised for substantial growth. Innovation in processing techniques to retain more nutrients and the introduction of new and exotic dried fruit products are likely to drive the market further. Additionally, the growing trend of clean-label products and the rising popularity of Mediterranean diets, which heavily feature dried fruits, are set to propel the market growth.
Dried Fruits Market Segmentation
The market can be divided based on type, product, application, distribution channel, and region.
Market Breakup by Type
- Organic
- Conventional
Market Breakup by Product
- Raisins
- Apricots
- Dates
- Berries
- Figs
- Others
Market Breakup by Application
- Dairy and Desserts
- Cereals
- Snacks and Bars
- Bakery and Confectionery
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Stores
- Online
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global dried fruits market. Some of the major players explored in the report by Expert Market Research are as follows:
- AGRANA Beteiligungs-AG
- Archer Daniels Midland Company
- Sun-Maid Growers of California
- Bergin Fruit and Nut Company
- Berrifine A/S
- Sunsweet Growers Inc.
- Others
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