Dried Fruit Market worth $16.20 billion by 2030, growing at a CAGR of 5.70% - Exclusive Report by 360iResearch

The "Dried Fruit Market by Type (Apricots, Berries, Dates), Drying Method (Freeze Drying, Microwave Drying, Solar Drying), Form, Distribution, Application - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.

The Global Dried Fruit Market to grow from USD 10.98 billion in 2023 to USD 16.20 billion by 2030, at a CAGR of 5.70%.

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Dried fruits are fruits from which most of the natural water content has been released through diverse drying methods, such as sun-drying, air-drying, or mechanical drying. This preservation process helps extend the shelf life of the fruits and concentrates their flavor, sweetness, and nutrients. Increasing health consciousness among consumers who seek nutritious snack alternatives, rising disposable incomes leading to higher spending on premium products, and expanding retail channels such as supermarkets & hypermarkets offering convenience in purchase drive the market growth. However, fluctuations in raw material costs affect pricing strategies and high dependence on climatic conditions for optimal crop yield, leading to a vulnerability in supply chain disruptions due to unforeseen weather events or pest infestations that hamper market growth. Developing innovative packaging solutions to enhance product appeal while ensuring increased shelf life, ease of storage and transport, and Investment in research and development for new applications of dried fruits in pharmaceuticals, nutraceuticals, and cosmetic segments has further enhanced the market's growth in the forecasted period.

The Americas has a significant landscape in the dried fruit market driven by health-conscious consumers, an increasing preference for nutritious snacks, the presence of major players, and the increasing number of national and international suppliers in the region. The European Union (EU) countries have a robust market owing to their high population density, disposable income levels, and awareness about the nutritional benefits of dried fruits. The Middle East boasts a rich history of dried fruit consumption due to its longstanding cultural ties with these products. Africa's dried fruit market is relatively smaller but has enormous prospects for growth due to its vast resources of tropical fruits. The APAC region has immense potential for the global dried fruit industry due to rising consumer awareness about health benefits, an expanding middle class, and urbanization trends that fuel the growth of the dried fruit industry.

Market Segmentation & Coverage:

This research report categorizes the Dried Fruit Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Type, market is studied across Apricots, Berries, Dates, Figs, Nuts, Peaches, Pears, Prunes, and Raisins. The Nuts is further studied across Almonds, Cashews, Hazelnuts, Pistachios, and Walnuts. The Figs is projected to witness significant market share during forecast period.

Based on Drying Method, market is studied across Freeze Drying, Microwave Drying, Solar Drying, and Vacuum Drying. The Microwave Drying is projected to witness significant market share during forecast period.

Based on Form, market is studied across Dices, Rings & Chunks, Flakes, Powder, Slices, and Whole. The Slices is projected to witness significant market share during forecast period.

Based on Distribution, market is studied across Offline Mode and Online Mode. The Offline Mode is further studied across Convenience Stores, Specialty Stores, and Supermarket & Hypermarket. The Offline Mode is projected to witness significant market share during forecast period.

Based on Application, market is studied across Cereals, Confectioneries & Bakery products, Dairy Products, Desserts, and Snacks & Bars. The Cereals is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 38.21% in 2023, followed by Asia-Pacific.

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FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Dried Fruit Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in the Dried Fruit Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

Key Company Profiles:

The report delves into recent significant developments in the Dried Fruit Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, Agthia Group PJSC, Angas Park Fruit Co., Archer Daniels Midland Company, Bergin Fruit and Nut Co. Inc., Berrifine A/S, Chaucer Foods Ltd, Dohler GmbH, European Freeze Dry, Farmley by Connedit Business Solutions Private Limited, FutureCeuticals, Inc., Geobres S.A., KBB NUTS PVT. LTD., Kiril Mischeff Limited, LIOGAM Forys Kot Przeslak sp. j., Lion Raisins, Inc., Naturz Organics, Ocean Spray Cranberries Inc., Paradise Fruits Solutions GmbH and Co. KG, Royal Nut Co., Seawind International LLC, Sun-Maid Growers of California, Sunbeam Foods, Sunsweet Growers Inc., Woodland Foods Ltd., and Worlée NaturProdukte GmbH.

Key Topics Covered:

1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Dried Fruit Market, by Type
7. Dried Fruit Market, by Drying Method
8. Dried Fruit Market, by Form
9. Dried Fruit Market, by Distribution
10. Dried Fruit Market, by Application
11. Americas Dried Fruit Market
12. Asia-Pacific Dried Fruit Market
13. Europe, Middle East & Africa Dried Fruit Market
14. Competitive Landscape
15. Competitive Portfolio

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Dried Fruit Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Dried Fruit Market?
3. What is the competitive strategic window for opportunities in the Dried Fruit Market?
4. What are the technology trends and regulatory frameworks in the Dried Fruit Market?
5. What is the market share of the leading vendors in the Dried Fruit Market?
6. What modes and strategic moves are considered suitable for entering the Dried Fruit Market?

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