Global Dried Fruit Ingredients Market Report and Forecast 2024-2032

Global Dried Fruit Ingredients Market Outlook

The global market for dried fruit ingredients is a developing market, expected to grow at a CAGR of about 4.7% in the forecast period of 2024-2032, complemented by the rising health consciousness.

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Asia Pacific is Leading the Market for Dried Fruit Ingredients

The demand for nutritional foods is increasing as the population is getting more health-conscious. It is gaining popularity as snacks and desserts, adding a rich flavour while being nutritious, which has led to a rise in the use of dry fruits in the food and beverage industry. Asia Pacific has a thriving population, and is developing fast, which in turn, is increasing people's spending power, becoming a significant factor in the market's growth. Consumers are starting to incline towards on-the-go foods that are less perishable and easy to carry. To target these customers, manufacturers are adopting creative and clean packaging methods. They are also adopting point-of-purchase marketing to strategically advertise in a mart or through weekly flyers, helping to fasten the growth of the dried fruits market, especially in developing countries.

Market Segmentations: Global Dried Fruit Ingredients Market

Dry fruits are dehydrated forms of fruits made by eliminating the majority of water content through either natural methods or by using specialised dryers. Dry fruits retain their crucial nutrients needed by the human body. They can help stay healthy in various ways, such as controlling weight, cholesterol and many more, leading to wide adoption in various fields.

The global dried fruit ingredients market, divided by fruit type, includes:

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• Raisins
  • Golden Seedless
  • Natural Seedless
  • Black Currant
  • Sultana
  • Others
• Berries
  • Cranberry
  • Raspberry
  • Blue Berry
  • Others
• Tropical Dried Fruits
  • Dried Mango
  • Dried Banana
  • Dried Apricot
  • Dried Figs
  • Prunes
  • Dried Pineapples
  • Others
• Others

Among these types, raisins are expected to hold a major market share in the forecast period.

By origin, the global market of dried fruit ingredients can be divided into:

• Organic
• Conventional

Among these, the organic segment is predicted to lead the market.

The different forms of dried fruits ingredients in the global market are:

• Whole
• Sliced and Diced
• Powder
• Others

Among the forms, the powder form is expected to show significant growth in the market.

By distribution channel, the global dried fruit ingredients market includes:

• Hypermarkets and Supermarkets 
• Convenience Stores 
• Online

The different applications of dried fruits in the global market are:

• Baked Goods
• Ready Meals
• Breakfast Cereals
• Confectioneries
• Bakery
• Beverages
• Others

Among the applications, the breakfast cereals segment is predicted to grow significantly due to the increasing adoption of healthy cereals.

The regional markets for dried fruit ingredients can be divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.

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The Rising Health Consciousness and Increasing Spending Ability to Compliment the Growth

The demand for dried fruits has surged in recent years due to the rising health consciousness, owing to research emphasizing the health benefits, like weight management and improving heart health, reducing gastric problems, and helping in digestion. Dried fruits are a great source of nutrients like iron, protein, vitamins and many others. They have become a popular commodity as they contain natural sugar and can be used to replace sugar. Some of them are raisins, dried apricots, dates and more, and they are popular sugar substitutes in food organizations. The developing nations are a big target for the dried fruit market as the spending power increases simultaneously with the growing population.

These days people prefer to eat healthy, which has increased household usage of dried fruit ingredients. The demand for powder form of dried fruits is rising to attract consumers, especially for bakeries and beverages. Therefore further increasing the growth of the global dried fruits market. Consumers are adopting and willing to have dried fruits as snacks, and manufacturers are introducing new products and exotic dried fruits to attract more consumers. Companies are also providing flavoured and sweetened dried fruits to strengthen their place in the market, which promotes competition, helping in further developing the market growth.

Key Players in the Global Market for Dried Fruit Ingredients

The report gives a detailed analysis of the following key players in the global dried fruit ingredients market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, investments, expansions of capacity, and plant turnarounds:

• Bergin Fruit & Nut Company, Inc.
• Archer Daniels Midland Company
• Naturex SA
• California Dried Fruit, Inc.
• Traina Home Grown
• AGRANA Beteiligungs-AG
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report