Published: Oct, 2018

A new report published in Transparency Market Research (TMR) states that the competitive landscape of the global dried fruit market exhibits highly fragmented structure of the market, thanks to large number of regional and global participants. Increasing in disposable income of the urban population is one of the important factor propelling the growth of this market in near future. The research studies also includes some of the key players operating in the global dried fruit market such as Ningxia Yuxiang Bio Food Engineering Co., Ltd., Bergin Fruit Company Inc., California Dried Fruit Inc., Greek Dried Fruits S.A., and Jab Dried Fruit Products (Pty) Ltd. The manufacturers are largely focused toward the spreading awareness about the product benefits through various medium and also focused toward the development of various retail formats such as online store, convenience store.

According to TMR, The global dried fruit market is likely to hold an opportunity worth US$ 43.54 Bn in 2018. This market is likely to expand at a 5.7% CAGR during the course of forecast period from 2018 to 2026. On the basis of product type, Raisin dominates the global dried fruit market on account of 50.9% of the overall market for dried fruits in 2018. On the basis of geography, Asia Pacific dominates the global market for dried fruits on account of both value and volume in coming years. By the end of 2026, Asia Pacific is likely to gain prominence in order to attain significant growth in the global dried fruits market. Furthermore, Latin America is likely to be most lucrative region in terms of consumption of the dried fruits.

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Increase in Demand for Ready-to-Eat Food Likely to Upsurge Growth

Rapid urbanization and increasing in disposable income is another key factor propelling the growth of the global market for dried fruits. The ease availability of the dried fruits in online store is another important factor driving growth at global level. Increase in demand for healthy food is also positively supporting the growth of this market at global level. The increasing number of working women and change in living standard is another factor up surging the growth of this market. Additionally, increasing demand for ready to eat food is another factor significantly driving the growth of the global dried fruit market. The increasing consumption of dried fruit by the athletes to gain energy are another factor influencing the overall growth of dried fruits market across the globe.

Extra Added Sugar on Dried Fruit May Hamper Market Growth

On the other hand, some of the dried fruits are coated with sugar and are also high in glycaemic index. High Glycaemic food lead to sudden increase in sugar level which may leads to sudden fatigue and the moment sugar energy level upsurge it deliver high energy but when you hit the energy, the sugar level drops down which leads to sugar crash. Some of the dried fruits which are available in the market are coated with additional sugar to make it moisture free and to prevent it from sticking to each other and the sugar further contribute to affect the health and may lead to increase in obesity risk, cancer and heart disease are some of the factor restraining growth of the global dried fruits market.

The study presented here is based on a report by Transparency Market Research (TMR) titled “Dried Fruits Market (Product Type - Raisins (Dried Grapes), Tropical & Exotic Fruits, Berries, Other Fruits; Form - Whole, Slices, Dices, Rings and Chunks, Flakes, Powder, Others; Drying Method - Solar Drying, Vacuum Drying, Microwave Drying, Freeze Drying, Others; End Use - Household, Foodservice, Food Processing; Distribution Channel - Direct Sales, Indirect Sales) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026.”

The market has been segmented as below:

Global Dried Fruits Market – By Product Type

  • Raisins (Dried-Grapes)
  • Natural Seedless
  • Golden Seedless
  • Black Currant
  • Raisin Mix
  • Others (Sultana, Muscat, Monukka, Other Seedless)

Tropical and Exotic Fruits

  • Table Dates
  • Prunes
  • Dried Figs
  • Dried Apricots
  • Other Tropical and Exotic Fruits (Apple, Mango, Papaya, Pineapple, Banana, Citrus)

Berries

  • Cranberry
  • Blueberry
  • Raspberry
  • Mixed Berry
  • Other Berries (Goji Berry, Acai Berry)
  • Other Fruits (Peaches, Pears, Cherries, Kiwi)

Global Dried Fruits market – By Form

  • Whole
  • Slices
  • Dices, Rings and Chunks
  • Flakes
  • Powder
  • Others

Global Dried Fruits market – By Drying Method

  • Solar Drying
  • Vacuum Drying
  • Microwave Drying
  • Freeze Drying
  • Others

Global Dried Fruits market – By End-Use

  • Household
  • Foodservice
  • Food Processing
  • Bakery Products
  • Cereal and Snack Bars
  • Fruit Snacks
  • Dairy Products
  • Chocolate and Confectionery
  • Beverages
  • Frozen Desserts and Ice-Cream
  • Others (Jams, Infant Nutrition, Ready Meals)

Global Dried Fruits market – By Distribution Channel

  • Direct Sales
  • Indirect Sales
  • Hypermarkets / Supermarkets
  • Convenience Stores
  • Specialty Retail Stores
  • Traditional Grocery Stores
  • Online Retailers

Global Dried Fruits market – By Region

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • Middle East and Africa (MEA)

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