Press release
Dried Fruits Market Size to Hit USD 16.7 Bn by 2032 | Persistence Market Research Report
The dried fruits market is experiencing significant growth, driven by rising consumer awareness regarding healthy snacking habits. Dried fruits offer a nutrient-rich alternative to conventional snacks, packed with essential vitamins, minerals, and antioxidants. Their longer shelf life and convenience make them a preferred choice among health-conscious consumers globally.
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Key Growth Determinants
Health and Wellness Trends: The increasing focus on nutritious and convenient food options has boosted demand for dried fruits.
Expanding Application Scope: Dried fruits are widely used in bakery, confectionery, dairy, and breakfast cereal products, contributing to market growth.
Rising Disposable Income: Higher consumer spending on premium and organic food products is propelling the market.
E-Commerce Growth: The expansion of online grocery platforms has made dried fruits more accessible to a global consumer base.
Major Growth Barriers
High Costs: The relatively higher prices of dried fruits compared to fresh alternatives pose a challenge to market expansion.
Concerns Over Added Sugar and Preservatives: Certain processed dried fruits contain added sugars, leading to concerns about health risks.
Supply Chain Disruptions: Fluctuations in raw material availability due to climate change and geopolitical tensions can affect market stability.
Key Trends and Opportunities to Look At
Organic and Natural Products: Growing consumer preference for organic dried fruits without artificial additives is shaping market dynamics.
Sustainable Packaging: Eco-friendly and biodegradable packaging options are gaining traction among manufacturers.
Innovative Product Offerings: The introduction of dried fruit-infused snacks, powders, and spreads presents new growth opportunities.
Expanding Retail Channels: Supermarkets, hypermarkets, and specialty health stores are increasingly stocking a diverse range of dried fruit products.
Regional Frontrunners
North America: Dominates the market with a high demand for dried fruits in healthy snacking and food processing industries.
Europe: A strong inclination toward organic and health-oriented food products drives market growth.
Asia-Pacific: Rising disposable incomes and evolving dietary patterns are boosting demand for dried fruits in this region.
Latin America & Middle East: Increasing urbanization and health-consciousness are leading to market expansion.
Key Market Players
Sun-Maid Growers of California
Ocean Spray Cranberries, Inc.
Sunsweet Growers Inc.
Lion Raisins, Inc.
National Raisin Company
Bergin Fruit and Nut Company
Mariani Packing Company, Inc.
Kiantama Oy
BATA Food
Traina Foods
Dried Fruits Industry Research by Category
By Type:
Dried Apples
Dried Mangoes
Dried Strawberries
Dried Cranberries
Dried Oranges
Dried Apricots
Dried Pineapples
Dried Blueberries
Dried Cherries
Dried Blackcurrant
Dried Grapes
Dried Figs
Prunes
By Nature:
Organic Dried Fruits
Conventional Dried Fruits
By Form:
Whole/Piece Dried Fruits
Powdered Dried Fruits
By End Use:
Food & Beverage
Bakery
Confectionery
Dairy & Desserts
Cereals & Snacks
Others
Foodservice
Retail/Household
By Distribution Channel:
Business to Business Sales of Dried Fruits
Business to Consumer Sales of Dried Fruits
Hypermarkets/Supermarkets
Convenience Stores
Specialty Stores
Online Retail
By Region:
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
Market Forecast
The global dried fruits market, currently valued at approximately US$ 11.4 billion, is projected to expand at a CAGR of 5.5%, reaching an estimated valuation of US$ 16.7 billion by 2032. The steady demand for nutrient-dense snacks, coupled with advancements in food processing technologies, will play a crucial role in driving market growth.
Conclusion
The dried fruits market is poised for robust expansion, driven by health trends, innovation in product offerings, and increased global accessibility. While challenges such as high costs and supply chain fluctuations remain, ongoing research and development, along with strategic market positioning, will ensure sustained growth in the years to come.
About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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