Dried Fruits Global Market To Reach Value Of About $9.5 Billion In 2025
6 Aug, 2021
The dried fruits market consists of sales of dried fruits. The market consists of revenue generated by establishments that are engaged in the production of dried fruits. Dried fruit is a fruit that has been preserved by dehydrating or drying to concentrate the flavor or sweetness and to extend the shelf life. In dried fruits, the bulk of its original water content is removed, either naturally, by sun drying, or artificially, by using specialized dryers or dehydrators.
Global Dried Fruits Market Size And Drivers:
The global dried fruits market is expected to grow from $6.34 billion in 2020 to $7.05 billion in 2021 at a compound annual growth rate (CAGR) of 11.1%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The dried fruits market is expected to reach $9.50 billion in 2025 at a CAGR of 7.8%. The growing population of healthier consumers is expected to propel the growth of the dried fruits market in the coming years.
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Trends In The Global Dried Fruits Market
The launch of new flavored dried fruits has emerged as a key trend in the dried fruits market. Major players operating in the dried fruits sector are focused on introducing new flavored dried fruits into the market to strengthen their position.
Global Dried Fruits Market Segments:
The global dried fruits market is further segmented based on type, category, application and geography.
By Type: Apricots, Dates, Raisins, Figs, Berries, Others
By Category: Conventional, Organic
By Application: Confectioneries, Dairy Products, Bakery Products, Snacks And Bars, Desserts, Cereals, Others
By Geography: The global dried fruits market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific was the largest region in the dried fruits market in 2020.
Read More On The Report For The Global Dried Fruits Market At:https://www.thebusinessresearchcompany.com/report/dried-fruits-global-market-report
Dried Fruits Global Market Report 2021 is one of a series of new reports from The Business Research Company that provides dried fruits market overviews, analyzes and forecasts market size and growth for the global dried fruits market, dried fruits market share, dried fruits market players, dried fruits market segments and geographies, dried fruits market’s leading competitors’ revenues, profiles and market shares. The dried fruits market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.