According to a new report Global Dried Fruit Market, published by KBV research, The Global Dried Fruit Market size is expected to reach $12.7 billion by 2026, rising at a market growth of 7.1% CAGR during the forecast period.
In 2019, supermarkets and hypermarkets held the largest share and represented more than 50 percent of total revenue. Supermarkets and hypermarkets have seen significant growth in the category of nuts and dehydrated fruits over the last few years. Those retail chains attract health-conscious consumers by expanding their lines of organic and natural products.
Raisins or dehydrated grape dominated the dried fruit market. The key producers of the product are Turkey, the U.S., Iran, China, and India. Likewise, raisin‘s top consumers include China, India, the United States, the United Kingdom, Germany, and Turkey. Increased raisin development across developed and emerging economies has positively affected growth in the segment. The Dates market is expected to witness a CAGR of 6.7% during (2020 - 2026).
The Asia Pacific is expected to expand at the fastest growth in the forecast period. In addition, expanding the retail market, along with growing buying power in countries like China and India, is expected to fuel demand for rich nutrient-rich foods. Increased availability, correct packaging, and improved understanding of health needs have powered the dried fruit market in those countries. The Europe market is experiencing a CAGR of 6.8% during (2020 - 2026). Additionally, The North America market is would showcase a CAGR of 5.8% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/dried-fruit-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Murray River Organics Group Limited, Bergin Fruit and Nut Company, Inc., Sun-Maid Growers of California, Sunsweet Growers, Inc., Traina Foods, Inc., Dole Food Company, Inc., Jiangsu Palarich Food Co., Ltd, Kiantama Oy, Ocean Spray Cranberries, Inc., and Angas Park Fruit Company Pty. Ltd.
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