The global Dried Fruits market reached a value of about USD 10460 million in 2021. The industry is projected to grow at a CAGR of around 4.9% in the forecast period of 2022-2027 to reach a value of about USD 13940 million by 2027.
The global Dried Fruits industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The rising health consciousness among consumers is primarily driving the market growth. Middle East, North America, and Asia are the highest category spender by region, driving the demand for the Dried Fruits industry.
A fruit that has had a big volume of its original water substance eliminated, either organically, by sun drying, or synthetically, by employing specific dryers or dehydrators is called dried fruit. Dried fruits may be kept for a long time without being refrigerated. Some of the most common dried fruits are raisins, apricots, prunes, dates, and figs. The Dried Fruits industry report comprises segments by Type (Organic, Conventional), Product (Raisins, Apricots, Dates, Berries, Figs, Others), Application (Dairy and Desserts, Cereals, Snacks and Bars, Bakery and Confectionery, Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online, Others) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).
Middle East, North America, and Asia are regions holding a significant share in the industry. Dried fruits are being used more often in baked goods, confectioneries, and other sweet meals, which drives up demand in the region. Furthermore, the expansion of the retail industry and increased purchasing power in nations such as China and India are predicted to increase the demand for nutrient-dense foods. The market for dried fruit in these nations has been driven by increased availability, appropriate packaging, and greater awareness of health needs.
The market is witnessing demand due to the variety of health advantages of the product, and they have up to three times the amount of fibre and minerals as fresh fruits. The fruits are high in minerals and antioxidants, which promote blood flow and digestive health while lowering the risk of various ailments. The product is gaining traction among consumers due to the following properties of the product. In addition, as the prevalence of chronic conditions such as diabetes and high blood pressure rises, so does the need for low-sugar snacks. Furthermore, the trend of snacking on the go is boosting the dried fruits business by bringing nutritious and portable food, such as nuts, that can be consumed in any situation. Furthermore, the rising popularity of healthy breakfast and snack cereals such as cornflakes, oats, and muesli, among others, including various dried fruits to increase their nutritional value, is fueling market expansion. Other important factors such as the hectic lifestyles of the working people, the trend of consuming nutritious, quick, and delicious snacks, the rise of the middle class, and rising disposable incomes are furthering the demand for convenience foods like raisins and almonds.
The global Dried Fruits industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Dried Fruits regions across the globe, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Dried fruit is prepared by removing the water from the fruit and drying it in the sun or using a dehydrator. Since the water in the fruit is separated through the drying process, the raw sugars in the fruit are condensed. Dried fruit is created from fresh fruits that have been peeled, cooked, boiled in sugar water, soaked, dried, and packaged. Dried fruits are low in water content, have a dry surface, and are slightly sticky. Various dried fruits include raisins, dates, prunes (dried plums), figs, apricots, and peaches. Fruits like dried mango, pineapple, and berries are also available, although they're usually dried with sugar added.
The industry is being propelled by applying the product in various delicacies in the bakery, snack, dairy, and confectionery sectors to boost the nutritional content of the products. Furthermore, the rise of the retail industry, such as convenience shops, supermarkets, and hypermarkets, is expanding the availability of various dried fruit products, which is also helping the business flourish. Furthermore, the rise of e-commerce platforms in both emerging and developed nations, which provide a wide range of dried fruit items with the simplicity of use, is boosting the market growth. Furthermore, top firms are increasing their spending on dried fruit packaging to make the product more attractive, encouraging market growth. Furthermore, adopting sustainable packaging that allows for better portion control and ingredient transparency, owing to rising environmental awareness among customers, is boosting the industry's growth. The developing research and development (R&D) and creative approaches for using dried fruits in various applications also aid market expansion.
The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.
With several international corporations operating worldwide, the global market is tremendously fragmented. Key participants in this business include major and minor firms developing novel flavoured dried fruits and growing their range to appeal to customers. Major firms are focusing on releasing new flavoured dried fruits to the market to enhance their position in the dried fruits industry. The top firms are working on new product development, mergers, and acquisitions. The entry of new companies into the dried nut and fruit industry has a significant influence on the market, favouring its growth.
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Market Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Global Dried Fruits Market Analysis
8.1 Key Industry Highlights
8.2 Global Dried Fruits Historical Market (2017-2021)
8.3 Global Dried Fruits Market Forecast (2022-2027)
8.4 Global Dried Fruits Market by Type
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.5 Global Dried Fruits Market by Product
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.6 Global Dried Fruits Market by Application
8.6.1 Dairy and Desserts
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.6.3 Snacks and Bars
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.6.4 Bakery and Confectionery
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
8.7 Global Dried Fruits Market by Distribution Channel
8.7.1 Supermarkets and Hypermarkets
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.7.2 Convenience Stores
188.8.131.52 Market Share
184.108.40.206 Historical Trend (2017-2021)
220.127.116.11 Forecast Trend (2022-2027)
18.104.22.168 Market Share
22.214.171.124 Historical Trend (2017-2021)
126.96.36.199 Forecast Trend (2022-2027)
8.8 Global Dried Fruits Market by Region
8.8.1 Market Share
188.8.131.52 North America
184.108.40.206 Asia Pacific
220.127.116.11 Latin America
18.104.22.168 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Market by Country
22.214.171.124 United States of America
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Market by Country
126.96.36.199 United Kingdom
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Market by Country
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Market by Country
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Market by Country
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
10 Market Dynamics
10.1 SWOT Analysis
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Analysis (HS Code- 0813)
12.1 Major Exporting Countries
12.1.1 By Value
12.1.2 By Volume
12.2 Major Importing Countries
12.2.1 By Value
12.2.2 By Volume
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 AGRANA Beteiligungs-AG
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
14.2.2 Archer Daniels Midland Company
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
14.2.3 Sun-Maid Growers of California
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
14.2.4 Bergin Fruit and Nut Company
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
14.2.5 Berrifine A/S
18.104.22.168 Company Overview
22.214.171.124 Product Portfolio
126.96.36.199 Demographic Reach and Achievements
14.2.6 Sunsweet Growers Inc.
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 Demographic Reach and Achievements
15 Industry Events and Developments
The global Dried Fruits market size was valued at USD 10460 million in 2021.
In the forecast period of 2022-2027, the market is projected to grow at a CAGR of 4.9%.
The significant demand for the product in other food items like breakfast cereals etc., is one of the essential drivers of the Dried Fruits market growth.
AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Sun-Maid Growers of California, Bergin Fruit and Nut Company, Berrifine A/S, Sunsweet Growers Inc., and Others are some of the major companies in the market.
The Middle East, North America, and Asia region of the Dried Fruits industry holds a significant share in the market.
The global Dried Fruits market attained a value of USD 10460 million in 2021, driven by the product's various health advantages. Other important factors such as the hectic lifestyles of the working people, the trend of consuming nutritious, quick, and delicious snacks, the rise of the middle class, and rising disposable incomes are furthering the demand for convenience foods like raisins and almonds. Owing to the application of the product in various delicacies in the bakery, snack, dairy, and confectionery sectors to boost the nutritional content of the products, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 4.9%. The market is projected to reach USD 13940 million by 2027. Some of the leading players in the industry are AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Sun-Maid Growers of California, Bergin Fruit and Nut Company, and Berrifine A/S, Sunsweet Growers Inc., and Others.
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