Dried Fruit Ingredients Market: Introduction
Dried fruits that are being used as the primary ingredient for the production of various processed foods for promoting good health and taste is popularly defined as dried fruit ingredients. Dried fruit ingredients are generally blended with other ingredients to provide nutritional value to various processed food such as breakfast cereals, desserts, baked goods, confectionary, beverages, and others. Dried fruit ingredients are consumed in various forms such as slices and granulates, powder and whole dried fruits. Due to its exotic taste, dried fruit ingredients also find remunerative applications in the soups and ready meals, along with other processed foods. Dried fruit ingredients are a highly nutritious substance, which enables its abundant industrial and domestic application during the forecast period.
Dried Fruit Ingredients: Market Outlook
The demand for fibrous foods such as dried fruit ingredients in China and Japan is expected to increase during the latter years of the forecast period. This is primarily attributed to the launch of new products with natural ingredients. In Asia Pacific, dried fruit ingredients are the most preferred flavorant.
Intensive Growth of the Organic Dried fruit ingredients Segment
Among the nature segments of the dried fruit ingredients market, the organic dried fruit ingredients segment is expected to register the highest growth rate of around 6.1%, owing to increased health awareness among consumers and increased health benefits. However, the conventional dried fruit ingredients segment had the highest market share in the year 2017, owing to its affordable prices and accessibility.
Increasing Consumer Preference for Dried Fruit Ingredients Owing to High Fiber Content
The rise in the working population has increased the unhealthy eating habits among consumers. This has resulted in an increase in the number of people with IBDs and other digestive disorders. Thus, there is an increase in a number of health concerned consumers that tend to consume food with more fiber-rich foods containing dried fruit ingredients to deal with digestive problems. Dried fruit ingredients which can help or ease the process of digestion are readily included in diets by consumers. Dried fruit ingredients are high in fiber content, and have proven to be great laxatives. With their great taste, wide application in food, along with high fiber content, dried fruit ingredients are popular, and in great demand among consumers.
Growing Demand for Dried Fruit Ingredients from Ready-to-Cook Food Manufacturers
Ready-to-cook food products are in great demand with the changing lifestyles, increased disposable income, and rise in the number of working women. Consumers prefer to have on-the-go food or easy-to-cook food products such as dried fruit ingredients in order to cope with their routine work lives. With rising health concern, there is a rise in the demand for healthier ready-to-cook food products. Food products like pasta and fruit shakes are added with dried fruit ingredients to enhance the flavor as well as increase the nutritive value of the product which is anticipated to proliferate the value and volume of global dried fruit ingredients during the forecast period.
Use of Dried Fruit Ingredients as Natural Sweeteners
Dried fruit ingredients contain natural sugar that is inherently healthier. Growing health concerns among consumers are surely making them look for sugar alternatives. The use of dried fruit as a replacement for sugar is definitely a growing trend. Fruit-based bars and snacks are becoming popular day by day. Products like bars and pastes are widely used. Innovative products that contain dried fruit ingredients are welcomed by consumers.
Incorporation of Dried Fruit Ingredients in Beverages for Flavor and Nutritional Content
Changing lifestyles, urbanization, and the increasing working population has made convenience foods and beverages popular. With a busy and hectic work schedule, people often tend to replace their meals with smoothies and ready-to-drink beverages. Consumers are becoming more and more conscious of the type of food product they consume in their day-to-day life. Consumers are searching for food products that can fulfill their nutritional requirements, provide health benefits and are tasty as well. Dried fruits like raisins, berries, and exotics fruits are highly nutritious and rich in fibers, vitamins, and minerals. Hence rise in number health-conscious customers have been driving the demand for dried fruit ingredient market.
Dried Fruit Ingredients Market: Introduction
The proposed TMR report on the global dried fruit ingredients market analyzes opportunities in the present market, and exhibits updates and insights relating to different segments involved in the global dried fruit ingredients market over the forecast period 2018–2026. The global dried fruit ingredients market report also provides the estimated data for 2018, and forecast data up to 2026 in terms of value (US$ Mn) and volume (MT). In terms of value, the dried fruit ingredients market is expected to expand at a CAGR of 5.1% during the forecast period. The current study reveals the dried fruit ingredients market trends and market dynamics in five major regions - North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The report also incorporates the study of current issues with consumers and various opportunities for the dried fruit ingredients market.
Dried Fruit Ingredients Market: Report Description
The report explores the global dried fruit ingredients market for the period 2018–2026. The primary goal of this report on dried fruit ingredients is to provide insights into key developments in the market that are consistently helping to transform worldwide businesses that are associated with the dried fruit ingredient. It is very important to consider that, in a wavering economy, we provide the estimated (Y-o-Y) year-on-year growth rate along with the Compound Annual Growth Rate (CAGR) for the overall forecast, to understand the better analysis and evaluation of the global dried fruit ingredients market, and to discover the equitable opportunities.
Yet another key feature of this report is the analysis of the global dried fruit ingredients market and the corresponding revenue forecast is also carried out in terms of absolute dollar opportunity. This is usually ignored while forecasting the overall market estimations. Absolute dollar opportunity analysis is highly essential in determining the degree of opportunity that a provider can observe to execute, as well as to distinguish the potential resources from a sales perspective in the global dried fruit ingredients market.
The global dried fruit ingredients market report starts with an executive summary, and the definition of various segmentations involved and their respective shares in the global dried fruit ingredients market. The report also includes the major macroeconomic factors with an outlook of dried fruit ingredients market. The report further highlights the market dynamics which covers the drivers, restraints, opportunities, and trends in the global dried fruit ingredients market. The report also highlights the study of current issues with processing, and opportunities for dried fruit ingredients market. It also includes value chain analysis that provides a detailed structural view of profitability from the manufacturer to the end user of the dried fruit ingredients market. In order to provide users with a comprehensive view of the global dried fruit ingredients market, we have extended the competitive analysis of key market players and their strategic key developments. The competitive dashboard provides a detailed comparison of dried fruit ingredients manufacturers on valuable parameters such as total revenue, key product offerings, key strategies, and key developments. The study emphasizes the global dried fruit ingredients market attractiveness analysis by fruit type, form, nature, application, and region.
To evaluate the overall market size of dried fruit ingredients, the report on dried fruit ingredients market considers various fundamental aspects based on secondary research. Furthermore, it highlights quantitative analysis such as region-wise market shares, and market shares by fruit type, form, nature, application, and other qualitative inputs from primary respondents, which have been consolidated to arrive at clear and accurate market estimations. The forecast covered in the dried fruit ingredients market report arrives at the total revenue being generated, and expected revenue contribution in the future by the global dried fruit ingredients market.
The detailed profiles of manufacturing companies are also included in the global dried fruit ingredients report to analyze their short- and long-term strategies, key product offerings, and recent developments, as they have a significant role in the global dried fruit ingredients market. Major market players covered in the dried fruit ingredients market report are DIANA NATURALS SAS, Archer-Daniels Midland Co, Döhler GmbH, SunOpta Grains and Foods Inc., Naturex SA, Lion Raisins Inc. etc.
Dried Fruit Ingredients Market: Segmentation
The subsequent sections analyze the global dried fruit ingredients market on the basis of fruit type, form, nature, application, and region, and presents a forecast for the period 2018–2026. The market is segmented as follows:
Dried Fruit Ingredients Market by Fruit Type
- Natural Seedless
- Golden Seedless
- Black Currant
- Tropical & Exotic Fruits
- Dried Figs
- Acai Berry
Dried Fruit Ingredients Market by Form
- Slices & Granulates
- Whole Dried Fruits
Dried Fruit Ingredients Market by Nature
Dried Fruit Ingredients Market by Application
- Breakfast Cereals
- Baked goods
- Ready Meals
Dried Fruit Ingredients Market by Region
- North America
- Latin America
- Rest of L.A
- United Kingdom
- Rest of Europe
- Asia Pacific
- Australia & New Zealand
- Rest of APAC
- Middle East & Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA