Global Dried Fruits Market Size, Share, Trends, COVID-19 Impact & Growth Forecast Report – Segmented By Type (Apricots, Dates, Figs, Peaches, Pears, Prunes, Raisins, Berries and Others), Application (Confectioneries, Dairy Products, Bakery Products, Snacks & Bars, Desserts, Cereals and Others) and Region (North America, Europe, Asia-Pacific, Middle East and Africa, Latin America) – Industry Analysis (2024 to 2029)

Updated On: January, 2024
ID: 8838
Pages: 175

Global Dried Fruits Market Size (2024 to 2029)

The size of the global dried fruits market was worth USD 8.52 billion in 2023. The global market is projected to register a CAGR of 5.72 % from 2024 to 2029 and be worth USD 11.55 billion by 2029 from USD 8.96 billion in 2024.

Consumers' attitudes on health and well-being are evolving, which has an impact on how they eat. As the prevalence of various ailments rises, consumers are becoming more health conscious, which influences them to select products that are better for their nutrition and health. Dried fruits contain fiber, potassium, folate, and magnesium. They also have antioxidant qualities that help enhance insulin responsiveness and minimize oxidative stress and inflammation in the pancreas. Vitamin C, which strengthens the immune system and enhances the appearance of the skin, is abundant in dehydrated fruits. The rising trend for protein-rich diets has greatly raised the demand for dehydrated fruits among young individuals. The popularity of healthy snacks among consumers has grown as a result of greater awareness about obesity and diseases linked to lifestyle choices. Snack bars, breakfast cereals, and baked goods that incorporate dried fruit are becoming more and more popular in the retail market.

MARKET DRIVERS

The rising consumer preference for healthy snacks promotes the growth of the dried fruits market worldwide.

Consumption of dried fruits and nuts has increased as a result of consumers' growing health concerns in both established and developing markets worldwide. High quantities of proteins, fiber, vitamins, and unsaturated fats are present in the product. The demand for dehydrated fruits among young adults has significantly increased as a result of the recent trend toward diets high in protein.  Dehydrated fruits are increasingly popular as a snack and a raw component in gluten-free and vegan bakery and confectionary goods due to their nutritional benefits. Small, transportable, and ready-to-eat packaging for dehydrated fruits is now available from producers and processors due to advances in the food packaging sector. The expansion of the dried fruits market is facilitated by manufacturers' growing investments in extending product shelf lives.

The growing demand from consumers for minimally processed ready-to-eat foods is further boosting the global dried fruits market growth.

The rise of the global dried fruit sector in developed economies is significantly being fueled by the rising demand of natural and minimally processed organic food goods. Customers in North America and Europe are becoming more interested in breakfast cereals like muesli and granola that use organic dehydrated fruits as key ingredients, snack bars and breakfast bars infused with whole or minimally processed dried nuts and fruits, and small-sized mixed dried nuts and fruit packs. Organic and clean-label dried nuts and fruit are believed to be safer as opposed to ordinary ones. Dry fruit snacks that are ready to eat are growing in popularity since they are portable and meet daily nutritional requirements.

MARKET RESTRAINTS

High costs and growing concerns about food safety are limiting global dried fruits market expansion.

The sector for dried fruits and nuts has been significantly impacted by customers' growing concerns about the safety of their food. The need for businesses to invest more in their adherence to food safety has grown as dried fruit exports have increased. Mycotoxin, a frequent contaminant in dried fruits, has forced several developed nations to impose special regulations on imports from developing nations. In addition, customers in developed markets in Europe, North America, and Asia-Pacific are becoming more concerned about ethical standards in international food value chains. Manufacturers have been forced to invest in processing and the creation of novel goods because of the rising customer demand for ethically sourced, environmentally friendly, and clean-label dried fruits. The high expense of producing and cultivating dried fruit restricts the market's expansion.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2023 to 2029

Base Year

2023

Forecast Period

2024 to 2029

CAGR

5.72%

Segments Covered

By Type, Application and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

 

Market Leaders Profiled

Ocean Spray Cranberries Inc. (U.S.), Sunbeam Foods Pvt Ltd (Australia), Olam International (Singapore), Arimex Ltd (Lithuania), National Raisin Company (U.S.), Sun-Maid (U.S.), SUNSWEET (U.S.), Amsterdam Commodities N.V (Netherlands)

 

SEGMENTAL ANALYSIS

Global Dried Fruits Market Analysis By Type

Due to their widespread use in numerous healthful snacks, dried grapes are among the most popular dried nuts and fruits in the world, with the biggest global dried fruits market share. Due to their growing use in a variety of bread goods and sweets, dried grapes are also a fantastic value in the global food service market. Demand for dehydrated fruits that are easily packaged has expanded across retail channels as the popularity of dry fruit-based snacks is a healthy snacking choice.

Global Dried Fruits Market Analysis By Application

Due to the growing demand for healthy baked goods, the bakery sector holds the largest global dried fruits market share. Dry fruits are used in various ways in the bread sector. The use of dried fruits in the baking industry has expanded due to the rising demand for healthy baked goods including gluten-free, vegan, and fiber-rich cakes and muffins. This need is only anticipated to grow as more and more dried fruits are being used in baking, including dried figs, dates, dried apricots, and dried grapes. Dates and dried grapes are frequently used in place of cane sugar as a natural sweetener in baked dishes. Due to the growing popularity of organic and clean-label baked goods, demand for organic dehydrated fruits is expanding in developed countries of Europe, particularly the U.K., Germany, and France.

REGIONAL ANALYSIS

Due to growing knowledge of the benefits of functional foods for health and the appeal of on-the-go nutrition, Europe is the top region. The consumption of nuts and dried fruits has increased in the U.K., Germany, France, and Italy as these countries become more conscious of eating nutritious foods. Rising investments from major corporations in the creation of cutting-edge product portfolios for dehydrated fruits boost the global dried fruits market's expansion.

Due to Iran, Afghanistan, and Turkey having the highest production and exports of dehydrated fruits, the Middle East and Africa area holds the largest dried fruits market share. The market in the region is also expanding as a result of the increased demand for dried grapes, table dates, and dried apricots from established markets in Europe and North America for their further processing into value-added commodities such as nutritious baked goods and snacks.

Because locals have a variety of flexible income possibilities, Asia Pacific is the region with the fastest growth in this sector. Dehydrated fruits are more in demand among millennials due to the growing ability of consumers to afford healthy food and the growing understanding of the nutritional benefits of these foods. The nations with the fastest market growth include those with developing economies, such as China, India, and Vietnam.

KEY PLAYERS IN THE GLOBAL DRIED FRUITS MARKET

Companies playing a key role in the global dried fruits market include Sunbeam Foods, Sun-maid growers of California, Al foah, Bergin fruit and nut company, Angas Park, Murray River Organics gr, Red River Foods, Geobres, Kiantama oy and Traina Foods. A wonderful range of organic dry fruits from ORCO has been introduced; they are free of any impurities, chemicals, or artificial colors. These are abundant sources of vitamins, minerals, and various macro- and micronutrients, which in turn have many positive health effects. Protein, carbohydrates, vitamin A, calcium, vitamin D, and vitamin B12 are among the nutrients present that guard against nutrient deficiencies, anemia, and osteoporosis in women during the post-menopausal stage.

DETAILED SEGMENTATION OF THE GLOBAL DRIED FRUITS MARKET INCLUDED IN THIS REPORT

This research report on the global dried fruits market has been segmented and sub-segmented based on type, application and region.

By Type

  • Dried Grapes
  • Table Dates
  • Dried Figs
  • Dried Cranberries
  • Others

By Application

  • Bakery
  • Confectionery
  • Breakfast cereals
  • Snacks
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa
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Frequently Asked Questions

What can be the total Dried Fruits Market value?

Global Dried Fruits Market size was worth US$ 6.29 billion in 2021 and is anticipated to have the value of US$ 8.20 billion by 2027 and to reach the register a CAGR of 4.0% during 2022-2027.

Mention the region which has the largest share in the Dried Fruits Market?

Europe region is expected have the largest market share of the global Dried Fruits Market.

Name any three Dried Fruits Market key players?

Sunbeam foods, Sun-maid growers of California and Al foah are the global Dried Fruits Market key players

What is the major effecting factor in the global Dried Fruits Market?

High costs and growing concerns about food safety are limiting global dried fruits market expansion during 2023-2028

Mention the latest driver in the global Dried Fruits Market?

Growing consumer preference for healthful snacks to propel Dried Fruits Market growth during the forecast period

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