Dried Apricot Market Targets Impressive 6.1% CAGR (2024-2032)

Dried apricots are dried forms of apricot natural product that have had the larger part of their water substance expelled amid the drying prepare. The procedure ordinarily involves cutting the natural product in half, evacuating the pit, at that point drying it within the sun or in a dehydrator.

The resultant dried apricots have a chewy surface and a solid sweet-tart taste. Dried apricots are a well-known nibble and may be utilized in a extend of formulas, counting heated items, path blends, and savory nourishments. They are as often as possible praised for their tall fibre substance, cancer prevention agents, and diverse vitamins and minerals, counting vitamin A and potassium.

𝐓𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐃𝐫𝐢𝐞𝐝 𝐀𝐩𝐫𝐢𝐜𝐨𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐰𝐚𝐬 𝐯𝐚𝐥𝐮𝐞𝐝 𝐚𝐭 𝐔𝐒𝐃 𝟔𝟔𝟕.𝟎𝟏 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐢𝐧 𝟐𝟎𝟐𝟑 𝐚𝐧𝐝 𝐢𝐬 𝐥𝐢𝐤𝐞𝐥𝐲 𝐭𝐨 𝐫𝐞𝐚𝐜𝐡 𝐔𝐒𝐃 𝟏𝟏𝟑𝟔.𝟓𝟎 𝐌𝐢𝐥𝐥𝐢𝐨𝐧 𝐛𝐲 𝟐𝟎𝟑𝟐, 𝐢𝐧𝐜𝐫𝐞𝐚𝐬𝐢𝐧𝐠 𝐚𝐭 𝐚 𝐂𝐀𝐆𝐑 𝐨𝐟 𝟔.𝟏% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟐.

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The Dried Apricot Market is segmented into Type, Form, Application, Platform height, and Regions) By Raw Material (Zinc oxide, Zinc and Calamine), By Application (Venus Leg Ulcers, Lymphedema, Eczema and others; Burn, leg injuries etc.) and by region. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).

Market Dynamics and Factors:
The dried apricot market is influenced by several key dynamics and factors. Major production regions such as Turkey, Iran, Uzbekistan, and California play a significant role in the global supply. Climatic conditions, including weather patterns and climate change, significantly impact apricot yields, with droughts and frosts potentially reducing supply. Consumer demand is driven by the nutritional benefits of dried apricots, which are rich in vitamins, fiber, and antioxidants. Increasing health consciousness and the popularity of natural and organic foods further boost demand. Market trends also show a growing preference for convenient, ready-to-eat snacks, propelling the dried fruit market. Additionally, the expansion of retail channels, both online and offline, enhances product accessibility. However, market growth can be hindered by factors such as price volatility, trade regulations, and competition from other dried fruits.

Dried Apricot Market Trend Analysis
Rising Demand for Convenience Foods
The dried apricot advertises benefits essentially from the rising request for comfort nourishments, as buyers progressively look for helpful and nutritious nibble choices to fit their active ways of life. Dried apricots offer a compelling arrangement as they require no refrigeration, have a longer rack life compared to new natural product, and are promptly versatile, making them perfect for on-the-go utilization. With frenzied plans getting to be the standard for numerous buyers, the comfort of being able to seize a pack of dried apricots as a fast and sound nibble offers to a wide statistic, counting understudies, experts, and active families.

Key Industry Developments in the Market:
• In Sep 2023, Santa Clara Valley used to produce apricots. Today, these city-run orchards serve as relics of a bygone era
• In Jun 2023, Unprecedented apricot harvest in Tajikistan in 2023 - prices of dried fruits are collapsing, according to the participants of the fruit and vegetable market of Tajikistan, after two consecutive lean years for apricots, in 2023 an unprecedented apricot harvest was obtained in the country. The harvest is so high that there is literally not enough people to harvest it, according to East Fruit.

The top key companies in the Dried Apricot Market are:
• Turgut Tarim (Turkey)
• Yupik (Canada)
• Bergin Fruit and Nut Company (United States)
• Malatya Apricot (Turkey)
• Sun-Maid Growers of California (United States)
• Anatolia A.S. (Turkey)
• BATA FOOD (Turkey)
• May Mass Group (Turkey)
• Raisin Champion International (Turkey)
• Nutraway (United States)
• Sunbeam Foods (Australia)
• Royal Nut Company (Australia)
• Olam International (Singapore)
• National Raisin Company (United States)
• KFP Trading (Turkey)
• Cakmak Agricultural Products (Turkey)
• Del Monte Foods (United States)
• Sun Valley Raisins (United States)
• Portakal Tarim (Turkey)
• Fourayes Farm (United Kingdom)
• Nuts.com (United States)
• Five Star Food Exports (South Africa)
• Ziba Foods (United States)
• Vink & Beri LLC (United States)
• Joots (India)
• Middle East Dried Fruits and Nuts (Jordan)
• Bella Viva Orchards (United States)
• APG Group (Turkey)
• Naturix (Turkey) and Other Major Players.

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Market Regional Insights:
Middle East and Africa Region is Expected to Dominate the Market Over the Forecast Period
Turkey is the biggest maker of dried apricots universally, with the Malatya Territory being the essential developing locale. Malatya's climate and soil conditions are especially well-suited for apricot development, driving to tall yields and superior-quality natural product.
Turkey includes a long-standing convention of apricot development and drying, dating back centuries. The nation has idealized the craftsmanship of drying apricots, utilizing conventional strategies combined with present day innovation to create premium-quality dried apricots.

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