Dried Fruits Market Strategic Analysis, Competitive Outlook, Depth Study, Analysis, and Forecast 2027

Dried Fruits Market Outlook

Dried fruits are made by removing the moisture content from fruits before drying them. The health advantages of these dried fruits have made them famous across the globe. There will be USD 9900.3 million in dried fruit sales by 2026, growing at a CAGR of 4.70 percent.

The Dried Fruits Market is expected to increase because of the increasing use of instant drinks and the expansion of industry sectors. Superfruit powder is a hot commodity, and it’s expected to expand in popularity throughout the projected timeframe of 2020 to 2026 because of rising public interest in healthy foods and an increasing preference for organic food goods.

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Covid-19 Impact Analysis

Business for dried fruits has already been influenced in several ways throughout this time. Owing to the fast surge of instances of Covid-19 around the globe, the lifestyles of the people have been put on hold. Not only that, but it has harmed the marketing sector as well. Owing to the global lockout and closure in many regions of the globe, dried fruit manufacturing has been hampered. Several other factors have influenced global market dynamics, such as a shortage of mobility.

Market Segmentation

In terms of product type, the global Dried Fruits Market is bifurcated into figs, apricot, raisin, and date segments. In 2019, the dried fruit industry was forecast to be dominated by the raisins category, which is expected to rise at a significant CAGR of USD 3,422.98 million over the forecast timeframe.

The worldwide market has been divided into Conventional and Organic categories depending on the category section. According to the Market Forecast research, the organic dried fruit sector is chosen by customers above conventional dried fruit.

It is expected that the Dried Fruits Business would grow over the study period due to an increase in the applicability of sectors. Markets for Breakfast Cereals, Dairy and Frozen Desserts, Bakeries, Snacks, Confectioneries, Beverages, and Other Products are subdivided within Dried Fruits. Dried fruit sales are expected to expand because of the rising demand for quick drinks among consumers.

Regional Classification

More people are turning to low-sugar, natural, and healthful foods to satisfy their hunger. Europe led the dried fruit industry in 2019, with much more than a third of the worldwide income coming from the continent. German, Dutch, French, and British markets are crucial to the area.

According to our projection, global growth will be most substantial in the Asian region in terms of percentage. For baked goods, confectionery, and other delicious meals in the area, dried fruits are becoming more popular. Foods’s rich in nutrients will rise in popularity as the retail market expands and people’s buying power increases in nations like India and China. The global dried fruit industry in these nations has been boosted by increased accessibility, the correct packaging, and a rising knowledge of the need for a healthy diet.

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Industry News

Manuzzi is an Italian enterprise specializing in producing dried fruits and nuts. Hyles Capital Partners, an Italian venture capital company located in Milan, purchased a controlling share in Manuzzi in April 2021 for an unknown sum. This purchase will aid in the acceleration of Manuzzi’s development and strengthen the company’s position among the leading large retailers in Italy.

NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details.

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