Dried Fruits Market Report Scope & Overview:

Dried Fruits Market Size was valued at USD 10.78 billion in 2022, and is expected to reach USD 17.85 billion by 2030, and grow at a CAGR of 6.5% over the forecast period 2023-2030.

The dried fruits market comprises of deals of dried fruits. The market comprises of income created by foundations that are taking part in the development of dried fruits. Dried fruits are a fruit that has been safeguarded by drying out or drying to think the flavor or pleasantness and to expand the timeframe of realistic usability. In dried fruits, the heft of its unique water content is taken out, either normally, by sun drying, or falsely, by utilizing particular dryers or dehydrators.

The principal kinds of dried fruits are apricots, dates, raisins, figs, berries, and others. Apricots, now and again known as Armenian plums, are a sort of stone fruits. Dried apricots are utilized to work on bone mineral thickness and help in advancing eye wellbeing. The various classes incorporate ordinary, and natural and are utilized in candy stores, dairy items, bread shop items, tidbits and bars, treats, oats, and others.

Market Dynamics:

Driving Factor:

• Developing prevalence of nutritious food.

• Developing shopper interest in negligibly handled food.

Restraining Factors:

• Expanding food handling concern and significant expense.

Opportunities:

• Web deals are blasting effortlessly of admittance to items and helpful buy alongside an expanded number of decisions across brands.

• Developing reception of dried fruits in sports nourishment.

Challenges:

• Limitations on weddings and get-togethers have impacted requests significantly because of a pandemic.

Impact of Covid-19:

The underlying months of the COVID-19 pandemic had stressed all levels in the inventory chains of this industry. The significant organizations needed to reexamine their on-location business, creation techniques, and their change towards telecommuting. Dealers encountered a huge hit because of the pandemic. In any case, the cross-country lockdowns and frenzy of buying Increased the worldwide interest for dried nuts and fruits. Clients have become more leaned toward solid, natural, and plant-based nibbling choices. This change in customers' inclinations is projected to drive this industry soon.

Key Market Segments:

By Type:

• Dried Apples

• Dried Mangoes

• Dried Strawberries

• Dried Cranberries

• Dried Oranges

• Dried Apricots

• Dried Pineapples

• Dried Blueberries

• Dried Cherries

• Dried Blackcurrant

• Dried Grapes

• Dried Figs

• Prunes

By Nature:

• Organic Dried Fruits

• Conventional Dried Fruits

By Form:

• Whole/Piece Dried Fruits

• Powdered Dried Fruits

By End Use:

• Food & Beverage

• Bakery

• Confectionery

• Dairy & Desserts

• Cereals & Snacks

• Others

• Foodservice

• Retail/Household

By Distribution Channel:

• Business to Business Sales of Dried Fruits

• Business to Consumer Sales of Dried Fruits

• Hypermarkets/Supermarkets

• Convenience Stores

• Specialty Stores

• Online Retail

Throughout the course of recent years, general stores and hypermarkets have seen critical development in the nuts and got dried out fruits class. These corporate stores are interesting to wellbeing cognizant customers by growing their natural and normal product offerings. Likewise, expanding the infiltration of grocery stores in non-industrial nations will support the deals of the item through this circulation channel.

What's more, raisins are a wellspring of a few nourishing components, like fiber, iron, calcium, boron, and phytonutrients, which have been drawing in wellbeing cognizant buyers. Accordingly, uses of raisins have developed essentially across different portions of the food and drink industry because of their medical advantages. Organizations have been sending off various items involving raisins as a fix.

Regional Analysis:

North America

• USA

• Canada

• Mexico

• Europe

• Germany

• UK

• France

• Italy

• Spain

• The Netherlands

• Rest of Europe

Asia-pacific

• Japan

• South Korea

• China

• India

• Australia

• Rest of Asia-pacific

The middle east & Africa

• Israel

• UAE

• South Africa

• Rest of middle east & Africa

Latin America

• Brazil

• Argentina

• Rest of Latin America

The Asia Pacific is supposed to extend at the quickest development over the conjecture time frame. Expanding utilization of dried fruits in the development of prepared food sources, confectionaries, and other sweet dishes is filling the interest for the item in the district. Besides, the extended retail market, alongside rising buying influence in the nations, including China and India, is supposed to help the interest for food sources with rich supplements. Upgraded accessibility, right bundling, and developing mindfulness about wellbeing needs have been driving the market for dried fruits in these nations.

Key Players:

Murray River Organics Group Limited, Bergin Fruit and Nut Company, Inc., Sun-Maid Growers of California, Sun sweet Growers, Inc., Traina Foods, Inc., Dole Food Company, Inc., Jiangsu Pala rich Food Co., Ltd, Kiantama Oy, Ocean Spray Cranberries, Inc., Angas Park Fruit Company Pty. Ltd.

Organics Group Limited-Company Financial Analysis