Dried Fruits Global Market Report 2024 - By Growth, Size, Share, Trends, Outlook By 2033

The dried fruits market size has grown strongly in recent years. It will grow from $8.58 billion in 2023 to $9.34 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The growth in the historic period can be attributed to traditional consumption habits, food preservation practices, global trade and exploration, culinary applications, consumer awareness .

The dried fruits market size is expected to see strong growth in the next few years. It will grow to $13.38 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to health and wellness trends, innovations in packaging and distribution, evolving dietary preferences, marketing and consumer education, cultural fusion in cuisine. Major trends in the forecast period include technology in drying processes, clean label and natural ingredients, innovation in flavor profiles, snacking convenience, plant-based and vegan movement.

Market Overview -
Dried fruits are defined as fruits that have been preserved by dehydrating or drying to concentrate the flavor or sweetness and to extend the shelf life. In dried fruits, the bulk of their original water content is removed, either naturally, by sun drying, or artificially, by using specialized dryers or dehydrators.

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Rising Health Consciousness Fuels Dried Fruits Market Expansion
The growing population of healthier consumers is expected to propel the growth of the dried fruits market in the coming years. Healthy eating has become the norm, with most customers intending foods and beverages to meet progressively nuanced health, wellness morality, and sustainability criteria. Dry fruits are a good source of protein, vitamins, minerals, and dietary fiber and are considered a good replacement for high-calorie snacks. According to the survey commissioned by biotechnology startup Gelesis, in January 2021, 60% of Americans would like to feel healthier and 51% want to reduce weight by practicing and modifying their diets, which includes attempting to eat more plant-based foods. Therefore, the growing population of healthier consumers drives the growth of the dried fruits market.

Competitive Landscape -
Major companies operating in the dried fruits market report are Archer Daniels Midland Company, Dole Food Company Inc., Angas Park Fruits Pty. Ltd., Chiquita Brands International Inc., Ocean Spray Cranberries Inc., Sun-Maid Growers of California, Sunsweet Growers Inc., Traina Foods Inc., Diamond Foods Inc., Döhler Group SE, Mariani Packing Company, AGRANA Beteiligungs- AG, Tulsi Nuts and Dryfruits, AL FOAH International F.Z.C., Sunbeam Foods Group Ltd., Bergin Fruit and Nut Company, Lion Raisins Inc., National Raisin Company, Arimex Ltd., Kanegrade Ltd., Stahmann Farms Inc., European Freeze Dry Ltd., Royal Nut Company, Murray River Organics Growers Co-operative Ltd., Freeze-Dry Foods Ltd., Paradise Fruits, Kiantama Oy, Valley Harvest Nut Company, Geobres S.p.A., Harmony House Foods Inc.

Innovative New Flavored Dried Fruits Reshape The Dried Fruits Market Landscape
The launch of new flavored dried fruits has emerged as a key trend in the dried fruits market. Major players operating in the dried fruits sector are focused on introducing new flavored dried fruits into the market to strengthen their position. For instance, in March 2021, Ocean Spray Cranberries, Inc., a US-based American agricultural cooperative, launched Ocean Spray Fruit Medley, a new dried fruit line with delectable craisins combinations. Ocean Spray Fruit Medley is manufactured with premium, high-quality ingredients and contains no artificial colors, flavors, or preservatives. It comes in three distinct variations with immunity, fiber, and probiotic benefits.

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Key Segments -
The dried fruits market covered in this report is segmented -
1) By Type: Apricots, Dates, Raisins, Figs, Berries, Other Types
2) By Category: Conventional, Organic
3) By Application: Confectioneries, Dairy Products, Bakery Products, Snacks And Bars, Desserts, Cereals, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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