Dry Fruits Market To Show Significant Growth With High Consumption

By Goldstein Market Intelligence || 2018-02-03 3:08:30 AM

Dry Fruits Market To Show Significant Growth With High Consumption

According to our Demand Analysis, Health benefits of dry fruits to accelerate the global consumption of dry fruits: Food processing industry uses dry fruits as raw materials in breakfast cereals, bakery and confectionary products. Cashews, almonds and dried grapes accounts for major share in overall export and consumption of dry fruits. Dry fruits are a significant source of dietary fibres and contains low amount of sodium. This is the major factor which is driving the consumption of dry fruits consumption across the globe.

 “Global Dry Fruits Market Outlook 2024”

The global dry fruits market is segmented based on product type such as dried fruits and edible nuts. Dried fruits are further segmented into dried grapes, dried apricot, dried figs, prunes and dates. Among these segments dried grapes occupies the largest market share due to its medicinal value in treating anaemia, diabetes and also in cancer prevention. Dried grapes are also useful for weight gain and considered best for healthy skin and hair.

The global dried grapes market is expected to grow at a CAGR of 5.75% over the forecast period of 2016-2024. In 2016, as per US Foreign Agricultural Service, nearly 1.25 million metric tons of dried grapes were produced globally. Positive results of dried grapes on eye health and improving bone quality is expected to raise the demand of dried grapes over the forecast period.

Geographically, Middle East & Africa is projected to witness a notable growth rate in dry fruits market due to growing demand for processed food in the region. Rising investment in production and supply of dry fruits to local market is also expected to increase the business opportunities of dry fruits in the region.

Dry Fruits in Chocolate: A healthy & delicious innovation

A dry fruit used as an ingredient chocolate which is one of the major boosting factors in the rise of dry fruits market. Chocolate manufacturers use dry fruits to enhance the flavour and apparently it also has health benefits. Dry fruits including dried apricots, walnuts, almonds, hazel nuts and dried grapes are most commonly used in the manufacturing of chocolates. Dry fruit chocolate are majorly in demand among the age group of 10 to 35 years population.

 “Global Dry Fruits Market Outlook 2024” contains detailed overview of the Global Dry Fruits Market in terms of market segmentation by product type and by application type.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Sacle) analysis, Porter’s five force model and SWOT analysis.

This market report also includes provides competitive outlook of some of the major players of the global dry fruits market which includes profiling of companies Mariani Packing Co.Inc., Arimex Ltd., National Raisin Company etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents comprehensive synopsis on the global dry fruits market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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