Global Dried Fruits Market projected to grow from $7.5 billion in 2024 to $17.6 billion by 2033

From GlobeNewswire: 2024-05-27 09:00:00

Custom Market Insights has released a new report on the Dried Fruits Market, outlining a projected growth from $7.5 billion in 2024 to $17.6 billion by 2033, with a CAGR of 5.9%. Dried fruits are popular due to their long shelf life, nutritional value, and versatility in various applications like baking and snacking. The market is driven by a growing demand for healthy, organic snacks and plant-based alternatives. Europe leads in consumption of dried fruits due to a preference for natural, nutritious snacks and diverse culinary traditions that incorporate dried fruits. Initiatives promoting sustainability and ethical sourcing practices have also contributed to the market’s growth in the region.

Raisins dominate the dried fruit industry with their popularity, wide culinary applications, extended shelf life, and nutritional content. Dairy and frozen desserts utilize dried fruits as toppings or flavorings to enhance taste and nutritional value, driving demand in this segment. National Raisin Company is a significant player in the US market. The report includes a detailed analysis of market size, growth rate, key segments by type and application, and regional scope covering North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America.

Europe held a 40.1% market share in the global Dried Fruits market in 2023 and is expected to maintain dominance until 2033. The region’s focus on health and well-being, rich culinary traditions, diverse population, and established supply chains contribute to the high consumption of dried fruits. Various initiatives promoting sustainability and ethical sourcing practices further drive market growth in Europe. Consumers value dried fruits as nutritious snacks and versatile ingredients in a wide range of culinary uses.



Read more at GlobeNewswire: [Latest] Global Dried Fruits Market Size/Share Worth USD