Global Dried Fruits Market size was valued at USD 7.5 Billion in 2024 and is expected to reach USD 17.6 Billion by 2033, at a CAGR of 5.9% during the forecast period 2024 – 2033.
Dried Fruits Market: Overview
Dried fruits are dehydrated to extend their shelf life and enhance flavor. They lose water but retain nutrients such as fiber, nutrients, and minerals. This preservation process produces easy, healthy snacks that are commonly used in culinary endeavours and as standalone snacks because of their sweet flavor and soft texture.
Growing customer preference for nutritious and organic snacking is driving up demand for dried fruits as healthier alternatives to processed munchies. Furthermore, the growing popularity of a plant-based diet and vegan lifestyles has increased the demand for dried fruits as handy and tasty plant-based sources of micronutrients.
In addition, the movement towards healthy eating and clean-label goods has increased demand for less processed dried fruits that include no chemicals or chemicals. The growing understanding of the health advantages of dried fruits, including their high fiber, vitamin, and antioxidant levels, has broadened their market beyond typical snack foods to encompass a wide range of culinary uses in baked products, grains, trail mixes, and salads.
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These patterns imply an optimistic prognosis for the global dried fruits industry, with ongoing growth expected in the coming years.
By type, raisins segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Raisins dominate the dried fruit industry owing to their wide popularity, diversity in culinary applications, extended shelf life, organic sweetness, and high nutritional content, which includes fiber, nutrients, and minerals, resulting in a popular option among both consumers and food makers.
By application, the dairy and frozen desserts segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Dairy and frozen desserts dominate the dried fruits market because they may be used as toppings, mix-ins, or flavorings to improve their flavor, texture, and nutritional content, while also providing customers with a quick and adaptable snack or treat alternative.
Europe dominates the dried fruit market owing to the continent’s preference for nutritious and natural snacks, diverse culinary traditions that incorporate dried fruit, widely recognized supply chains, widespread adoption of dried fruits in food production, and efforts promoting sustainable development and ethical sourcing practices.
CMI has comprehensively analyzed the Global Dried Fruits market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict in depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Dried Fruits industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Dried Fruits Market:
- Sun-Maid Growers of California
- Dole Food Company Inc.
- Bergin Fruit and Nut Company
- Paradise Fruits Solutions GmbH & Co. KG
- Olam International Limited
- Graceland Fruit Inc.
- Traina Foods
- Sunbeam Foods Pty Ltd.
- Decas Cranberry Products Inc.
- Sun Valley Raisins Inc.
- Del Monte Foods Inc.
- Royal Nut Company
- National Raisin Company
- California Dried Fruit Inc.
- Traina Foods
- Bella Viva Orchards
- Sunsweet Growers Inc.
- Kiantama Oy
- Hadley Fruit Orchards
- Tropical Foods LLC
- Others
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