North America Dried Fruits Market Analysis 2020-2025:
North America Dried Fruits Market was estimated at USD xx million in 2019 and is expected to reach over USD xx million by the end of the assessment period, which is expected to witness moderate growth over the calculated period (2020-2025).
Dried fruits are processed fruits in which most of the water is removed from the fruits by a natural procedure of drying in the sun or dehydrators. However, the dried fruit market is gaining ground due to its easy-to-pack snack feature that prevents fruit from spoiling as fast as fresh fruit. In addition, the market is driven by its application in different product lines. According to the NCBI, dried fruits are key sources of potassium and low-fat dietary fiber. Dried fruits have a high amount of glucose, carbohydrates and fructose, as well as moderate proportions of insulin and glycemic index or GI compared to fresh fruits.
Market Drivers and Restraints:
Fruits are an important source of nutrition. Fresh fruit with a short shelf life has added an advantage, which is driving consumer demand in North America Dried Fruits Market. Additionally, increased consumer awareness of health has a positive impact on the North America Dried Fruits Market. Besides, the increase in R&D activities to develop innovations in various product lines adds fuel to the expansion of the business. They are widely used in the dairy industry, as well as in cooking due to their ability to improve flavor. However, due to its nutritional value, the application of dried fruits in snacks and breakfast cereals is a widespread goal. Consumers' tendency to consume processed nutritional food products adds fuel to the dried fruit market.
The Market segmentation for North America Dried Fruits can be based on type, application, and distribution channel.
Dried fruits are segmented by type, including raisins, apricots, figs, dates, berries, and others. Among other things, raisins occupy an important part of the market because they have the advantage of controlling blood pressure, which is a great concern for the aging of the population.
Depending on the form, the dried fruit market is segmented into whole dried fruits, nature, powder, slices & granulate, conventional, organic.
On the basis of the distribution channel, the market is separated as food processing industry, food service providers, and individual.
Impact of COVID-19 on North America Dried Fruits Market:
Packaged food and household goods companies will continue to benefit from increased demand due to increased household behavior and increased health care. Most issuers of consumer durables, clothing, catering, and cosmetics experienced negative rating actions, reflecting the impact of home stay mandates linked to the COVID-19 pandemic and recession. Future rating actions will depend on the reopening of retail stores and entertainment venues and the willingness of consumers to return to these channels, as well as improving macroeconomic conditions. Ratings for issuers of alcoholic beverages are under more pressure than ratings for non-alcoholic beverages and have a negative outlook for the sector due to higher leverage and increased exposure to sales on site. But the composition of the portfolio and the extent to which companies manage their costs and cash flow are important factors in all of the beverage companies' ratings.
The North America Dried Fruits market has been categorized based on geography into the United States, Canada, Mexico and rest of North America. Growth in the North American retail market is expected to spur growth in the region's dried fruit market for the anticipated years. In North America, the expanding retail sector is likely to fuel the growth of the local market due to the rising acceptance of packaged foods that comprise various nutritional components.
Ocean Spray Cranberries had the largest share of the Dried Fruits Market in terms of sales revenue in 2019.
The major companies for the Dried Fruits Market includes SUNSWEET, Ocean Spray Cranberries, Inc., Sun-Maid, National Raisin Company, Arimex Ltd, Olam International, and Sunbeam foods Pty ltd
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3.1 Executive Summary
3.2 Key Inferences
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1.11 Y-o-Y Growth Analysis, By Type
5.1.12 Market Attractiveness Analysis, By Type
5.1.13 Market Share Analysis, By Type
5.2.3 Dairy Products
5.2.4 Bakery Products
5.2.5 Snacks and Bars
5.2.9 Y-o-Y Growth Analysis, By Application
5.2.10 Market Attractiveness Analysis, By Application
5.2.11 Market Share Analysis, By Application
6. Geographical Analysis
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Type
22.214.171.124 By Application
6.1.4 Market Attractiveness Analysis
126.96.36.199 By Geographical Area
188.8.131.52 By Type
184.108.40.206 By Application
6.1.5 Market Share Analysis
220.127.116.11 By Geographical Area
18.104.22.168 By Type
22.214.171.124 By Application
6.2 North America
6.1.2 United States
7. Strategic Analysis
7.1 PESTLE analysis
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Ocean Spray Cranberries Inc.
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Sunbeam foods Pvt Ltd
8.3 Olam International
8.4 Arimex Ltd
8.5 National Raisin Company
8.8 Amsterdam Commodities N.V
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
a) List of Tables
b) List of Figures