Dried Fruit Market by Type, Drying Method, Form, Distribution, Application

List of Tables

[193 Pages Report] The Dried Fruit Market size was estimated at USD 10.98 billion in 2023 and expected to reach USD 11.60 billion in 2024, at a CAGR 5.70% to reach USD 16.20 billion by 2030.

Dried fruits are fruits from which most of the natural water content has been released through diverse drying methods, such as sun-drying, air-drying, or mechanical drying. This preservation process helps extend the shelf life of the fruits and concentrates their flavor, sweetness, and nutrients. Increasing health consciousness among consumers who seek nutritious snack alternatives, rising disposable incomes leading to higher spending on premium products, and expanding retail channels such as supermarkets & hypermarkets offering convenience in purchase drive the market growth. However, fluctuations in raw material costs affect pricing strategies and high dependence on climatic conditions for optimal crop yield, leading to a vulnerability in supply chain disruptions due to unforeseen weather events or pest infestations that hamper market growth. Developing innovative packaging solutions to enhance product appeal while ensuring increased shelf life, ease of storage and transport, and Investment in research and development for new applications of dried fruits in pharmaceuticals, nutraceuticals, and cosmetic segments has further enhanced the market's growth in the forecasted period.

KEY MARKET STATISTICS
Base Year [2023]	USD 10.98 billion
Estimated Year [2024]	USD 11.60 billion
Forecast Year [2030]	USD 16.20 billion
CAGR (%)	5.70%

Type: High consumption of apricots due to its associated health benefits

Dried apricots are dried fruit obtained by dehydrating fresh apricots and are rich in vitamins A and E and minerals such as potassium and iron. They have various health benefits, such as promoting good digestion, boosting eye health, and improving skin quality. Dried cranberries are produced by partially dehydrating fresh cranberries, preserving their natural tangy flavor and adding a chewy texture. They are widely used in trail mixes, salads, baked goods, and more. Rich in antioxidants and dietary fiber, dried cranberries support heart health, reduce inflammation, and help prevent urinary tract infections. Dried figs can be consumed fresh and dried, offering an extended shelf life while retaining most of their nutritional value. Figs contain vitamins A and K and essential minerals such as magnesium, manganese, calcium, potassium, copper & zinc. Dried grapes (raisins) are dried grapes that come in various colors and sizes and are an excellent source of natural sugars, fiber, and antioxidants, promoting digestive health and reducing inflammation. Prunes are dried plums known for their high fiber content and potential to relieve constipation and contain vital nutrients such as potassium, iron, and vitamins A & K. Table dates are a type of dried fruit derived from the date palm tree, which is high in natural sugars, dietary fiber & essential minerals such as potassium & magnesium and serves as energy boosters & heart-healthy snacks. Nuts are a popular and nutritious category of dried fruits known for their rich flavor, healthy fats, vitamins, minerals, and dietary fiber. They are widely used as a snack, in baking and cooking, and as toppings in various dishes.

Drying Method: Significant adoption of freeze drying method owing to its superior nutritional value retention and rehydration capabilities

Freeze drying is a popular method for preserving dried fruits due to its ability to maintain their original shape, color, and flavor while extending its shelf life. This process involves freezing the fruit and reducing the surrounding pressure to sublimate the water content directly from solid ice crystals into vapor, bypassing the liquid phase. Microwave drying involves using electromagnetic radiation to heat and dehydrate fruits rapidly. This method offers faster drying times compared to traditional air drying techniques while retaining most of the nutritional content of the fruit. Solar drying is an environmentally friendly technique that harnesses the power of sunlight to dehydrate fruits. It involves placing the fruit in a solar dryer, which traps heat from the sun and uses it to evaporate moisture from the fruit. The primary need-based preference for solar-dried fruits is their eco-friendliness and cost-effectiveness, making them an attractive option for small-scale farmers or consumers looking to reduce their carbon footprint. Vacuum drying involves placing fruit under low-pressure conditions inside a vacuum chamber where water vaporizes at lower temperatures. This process minimizes nutrient loss due to heat exposure while preserving the fruit's color, texture, and taste.

Distribution Channel: Penetration of online distributional channel providing product variety and shopping convenience

The offline distribution channel for dried fruits includes traditional brick-and-mortar stores such as supermarkets, hypermarkets, specialty stores, and convenience stores. Buyers often prefer offline channels due to the sensory experience they offer, allowing customers to examine the quality of products before making a purchase. Additionally, these physical stores cater to customers' immediate needs and offer personalized interactions with sales staff. Online distribution channels for dried fruits have gained popularity due to increased internet penetration rates and consumer preference for convenience shopping. Customers can easily research product details and compare prices among various sellers through digital platforms. Additionally, online buying offers access to products that may not be available in local physical stores.

Application: Poliferating use of dried fruits in confectioneries & bakery products

Dried fruits are a natural sweetener and flavor enhancer in breakfast cereals. Their high fiber content, essential vitamins, and minerals make them a perfect choice for health-conscious customers. Dried fruits provide natural sweetness and chewy texture to confectioneries such as candies and chocolate bars while they enhance the flavor profile of bakery items like cakes, muffins, and pastries. Dried fruits add natural sweetness and texture to dairy goods such as ice cream and smoothies. They also complement the tangy flavor of fermented dairy products such as kefir and labneh. The natural sweetness of dried fruits makes them an ideal ingredient in dessert recipes, minimizing the need for added sugars. They are often used in traditional desserts such as fruitcakes, bread puddings, strudles, and pies. Dried fruits are a popular ingredient in the growing market for healthier on-the-go snacks and bars as they provide natural sugars, fiber, vitamins, and minerals, satisfying taste and nutrition needs.

Regional Insights

The Americas has a significant landscape in the dried fruit market driven by health-conscious consumers, an increasing preference for nutritious snacks, the presence of major players, and the increasing number of national and international suppliers in the region. The European Union (EU) countries have a robust market owing to their high population density, disposable income levels, and awareness about the nutritional benefits of dried fruits. The Middle East boasts a rich history of dried fruit consumption due to its longstanding cultural ties with these products. Africa's dried fruit market is relatively smaller but has enormous prospects for growth due to its vast resources of tropical fruits. The APAC region has immense potential for the global dried fruit industry due to rising consumer awareness about health benefits, an expanding middle class, and urbanization trends that fuel the growth of the dried fruit industry.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Dried Fruit Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Dried Fruit Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Dried Fruit Market, highlighting leading vendors and their innovative profiles. These include AGRANA Beteiligungs-AG, Agthia Group PJSC, Angas Park Fruit Co., Archer Daniels Midland Company, Bergin Fruit and Nut Co. Inc., Berrifine A/S, Chaucer Foods Ltd, Dohler GmbH, European Freeze Dry, Farmley by Connedit Business Solutions Private Limited, FutureCeuticals, Inc., Geobres S.A., KBB NUTS PVT. LTD., Kiril Mischeff Limited, LIOGAM Forys Kot Przeslak sp. j., Lion Raisins, Inc., Naturz Organics, Ocean Spray Cranberries Inc., Paradise Fruits Solutions GmbH and Co. KG, Royal Nut Co., Seawind International LLC, Sun-Maid Growers of California, Sunbeam Foods, Sunsweet Growers Inc., Woodland Foods Ltd., and Worlee NaturProdukte GmbH.

Market Segmentation & Coverage

This research report categorizes the Dried Fruit Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
- Apricots
- Berries
- Dates
- Figs
- Nuts
  - Almonds
  - Cashews
  - Hazelnuts
  - Pistachios
  - Walnuts

Peaches
Pears
Prunes
Raisins

Drying Method
- Freeze Drying
- Microwave Drying
- Solar Drying
- Vacuum Drying

Form
- Dices, Rings & Chunks
- Flakes
- Powder
- Slices
- Whole

Distribution
- Offline Mode
  - Convenience Stores
  - Specialty Stores
  - Supermarket & Hypermarket

Online Mode

Application
- Cereals
- Confectioneries & Bakery products
- Dairy Products
- Desserts
- Snacks & Bars

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Dried Fruit Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Dried Fruit Market?

3. What are the technology trends and regulatory frameworks in the Dried Fruit Market?

4. What is the market share of the leading vendors in the Dried Fruit Market?

5. Which modes and strategic moves are suitable for entering the Dried Fruit Market?

Product Code: MRR-437896AA3B5C

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Rising awareness toward nutritious and healthy snacks
  - 5.1.1.2. Increasing use of dry fruits in processed food products
  - 5.1.1.3. Adoption of dry fruits as a healthier gifting alternative worldwide
- 5.1.2. Restraints
  - 5.1.2.1. Fluctuating costs of dry fruits due to supply chain disruptions
- 5.1.3. Opportunities
  - 5.1.3.1. Processing and packaging advancements associated with dry fruits
  - 5.1.3.2. Widespread availability of dry fruits on online channels
- 5.1.4. Challenges
  - 5.1.4.1. Production constraints due to climate impacts
5.2. Market Segmentation Analysis
- 5.2.1. Type: High consumption of apricots due to its associated health benefits
- 5.2.2. Drying Method: Significant adoption of freeze drying method owing to its superior nutritional value retention and rehydration capabilities
- 5.2.3. Distribution Channel: Penetration of online distributional channel providing product variety and shopping convenience
- 5.2.4. Application: Poliferating use of dried fruits in confectioneries & bakery products
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Dried Fruit Market, by Type

6.1. Introduction
6.2. Apricots
6.3. Berries
6.4. Dates
6.5. Figs
6.6. Nuts
6.7. Peaches
6.8. Pears
6.9. Prunes
6.10. Raisins

7. Dried Fruit Market, by Drying Method

7.1. Introduction
7.2. Freeze Drying
7.3. Microwave Drying
7.4. Solar Drying
7.5. Vacuum Drying

8. Dried Fruit Market, by Form

8.1. Introduction
8.2. Dices, Rings & Chunks
8.3. Flakes
8.4. Powder
8.5. Slices
8.6. Whole

9. Dried Fruit Market, by Distribution

9.1. Introduction
9.2. Offline Mode
9.3. Online Mode

10. Dried Fruit Market, by Application

10.1. Introduction
10.2. Cereals
10.3. Confectioneries & Bakery products
10.4. Dairy Products
10.5. Desserts
10.6. Snacks & Bars

11. Americas Dried Fruit Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Dried Fruit Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Dried Fruit Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. Market Share Analysis, 2023
14.2. FPNV Positioning Matrix, 2023
14.3. Competitive Scenario Analysis
- 14.3.1. Bolas Dry Fruits and Nuts goes on expansion spree with launch of 20 new stores in Bengaluru
- 14.3.2. The Ugly Company targets expansion with USD 9M in funding
- 14.3.3. Indian dried fruit and nuts marketplace Farmley secures USD 6M in Series A
14.4. Strategy Analysis & Recommendation

15. Competitive Portfolio

15.1. Key Company Profiles
15.2. Key Product Portfolio