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Market Research Report

Global Dry Fruits Market Research 2030: Based on Product Type, Based on Application, Based on Geography With COVID-19 impact | Forecast Period 2017-2030

Published Date :

2021-05-25

Report Pages :

725

Format :

PDF

Region Covered :

Global

Global Dry Fruits Industry Overview

Dry fruits are a segment of processed food which has wide consumption across the world. As per International Nut and Dried Fruit Council (INC), in Reus, dry fruits are an important source of nutrients which has raised the demand of dried fruits and nuts globally. Moreover, acquisition is the key strategy adopted by many companies to increase the production and packaging of dried fruit and nuts to fulfill the global demand and increase market competition. For instance, in 2017, Whitworths a UK based fruit and seed snack brand is acquired by a Turkish wholesale group Anatolia to enhance their production and packaging of dried fruit, nut and seed.

However, due to lack of knowledge about food supply chain and limited investment in food processing and storage leads to loss of quality food products every year. As per the study performed by Food and Agriculture Organization (FAO), every year nearly 1.3 billion metric tons of food which accounts for 30% of production not able to reach from farm to table. To overcome such loss, in 2017, Azuri Health Ltd. introduced a drying facility in Kenya which can produce around 12 -30 metric tons of dried fruit and flour annually. The company utilize solar energy for fruit drying at a cost of USD 0.097 million. This is significantly reduces the post harvest lost in East African region and increases the production.

Global Dry Fruits Market Segmentation 

The Global Dry Fruits Market can be segmented on following basis:

Based on Product Type

  • Dried Fruits
    • Dried Grapes
    • Dried Apricots
    • Dried Figs
    • Prunes
    • Dates
  • Edible Nuts
    • Cashews
    • Walnuts
    • Almonds
    • Hazelnuts
    • Pistachios
    • Others( Peanuts, Pecans)

Based on Application

  • Dairy Products
  • Confectionaries
  • Bakery Products
  • Others(Desserts, Cereals)

Based on Geography

  • North America (U.S. & Canada)  {Market Size (USD Billion), Growth Analysis (%) and Opportunity Analysis}
  •  Latin America ( Brazil , Mexico & Rest of Latin America)       {Market Size (USD Billion), Growth Analysis (%) and Opportunity Analysis}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Size (USD Billion), Growth Analysis (%) and Opportunity Analysis}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Size (USD Billion), Growth Analysis (%) and Opportunity Analysis}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Size (USD Billion), Growth Analysis (%) and Opportunity Analysis}
  •  Rest of World {Market Size (USD Billion), Growth Analysis (%) and Opportunity Analysis}

Market Size and Forecast

High obesity rate and rising acceptance towards dry fruits and including it into healthy diets is propelling the dry fruits market around the world. In 2015, nearly 2.7 million metric tons of dry fruits were produced globally. The global dry fruits market is estimated to grow at a CAGR of 5.5% over the forecast period i.e. 2017-2030.

Asia-Pacific is the largest region for dry fruits market in 2016 and is expected to dominate the market during the forecast period. Rising consumer awareness and largest consumption of dried fruits in emerging economies such as India and China is expected to boost the dry fruits market in the region. Asia-Pacific dry fruits market is expected to grow at a CAGR of 7% during the time period of 2017 to 2030. Latin America and Middle East & Africa is the fastest growing region in dry fruits market, owing to the growing willingness to spend on consumption of dry fruits in order to have a healthy lifestyle. Middle East and Africa captures 50% share of dried grapes, dried figs and dates market in 2016.

Europe and North America expected to witness steady growth in dry fruits market. United States produces 1.1 million metric tons of dried fruits in 2015 and Spain dried fruits production is increased by 6% in past few years. Growing production of dry fruits in Europe and North America region is likely to impel the dry fruits business opportunities. Europe and North America together held 43% revenue share global dry fruits market.

Druy Fruits Industry : Market Drivers and Challenges

Increasing personal disposable income, growing urbanization and rising health awareness is driving the consumption of dry fruits across the globe. Increasing use dry fruits and nuts in chocolates and dairy products is boosting the demand of dry fruits. Introduction of exotic and unusual fruits and growing demand of snacks, bakery products with dry fruits as premium ingredients is fuelling the dry fruits market across the world. Rising middle class population and inclination towards healthy diets is bolstering the dry fruits market mainly in developing economies.

Rising processing and packaging of dry fruits is the major factor which is obstructing the growth of dry fruits market across the globe. Detection of pesticides and toxins in dry fruits and its products is limiting the adopting rate dry fruits. Moreover, side effects of excessive intake of dry fruits such as weight gain, constipation and bloating are disrupting the market of dry fruits.

Covered in this Global Dry Fruits Market Report

Market Synopsis

Market Segmentation

The Global Processed Meat Marketis segmented as follows:

  • By Product Types (Market Size, Demand Analysis and Growth Analysis)
  • By Application Types (Market Size, Demand Analysis and Growth Analysis)

By Regions

  • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
  • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
  • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
  • Asia-Pacific (China, India, Singapore, Japan, Hong-Kong, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
  • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
  • Rest of World  {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

COVID-19 impact on "Global Dry Fruits Market "

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Dry Fruits Market " along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

Top Companies in Competition & The Rising Stars

  • Mariani Packing Co. Inc.
  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis
  • Papagan Dried Fruits Co.
  • National Raisin Company
  • Ocean Spray Cranberries Inc.
  • Sun-Maid Growers of California
  • Sunbeam Foods Pty Ltd
  • Arimex Ltd.
  • Olam International Ltd.

Porter’s Five Force Model

Market Landscape: Competition and Beyond

Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem

Expert Analysis

Concluding Remark

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Global Dry Fruits Market Research 2030: Based on Product Type, Based on Application, Based on Geography With COVID-19 impact | Forecast Period 2017-2030

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