Dried Fruit Ingredients Market Outlook
According to a new report by Expert Market Research titled, “Dried Fruit Ingredients Market Price, Share, Analysis, Report and Forecast 2024-2032″, the dried fruit ingredients market is projected to grow at a CAGR of 4.7% between 2024 and 2032. Aided by the rising consumer demand for nutritious, convenient food options, and the broadening applications of dried fruit ingredients across numerous industries, the market is expected to grow significantly by 2032.
Dried fruit ingredients, including fruits that have undergone dehydration to concentrate their nutrients and taste, are increasingly used in an array of food products such as snacks, bakery products, confectionery, and cereals. These ingredients serve as key sources of dietary fibre, essential minerals, and vitamins, thereby supporting overall health. Their preservative, flavour-enhancing, and texturising characteristics also make them valuable for several industrial applications.
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A significant driver of the global dried fruit ingredients market growth is the mounting consumer preference for nutrient-rich, easy-to-prepare food options. Given the rising health awareness and hectic lifestyles, there’s been a marked shift towards foods that offer both convenience and nutrition. This trend has spurred demand for products with dried fruit ingredients. Moreover, the ongoing wellness and fitness trend has further elevated the consumption of these ingredients, often chosen as a healthy snack alternative.
The broader use of dried fruit ingredients across various sectors also notably contributes to the dried fruit ingredients market expansion. For example, the bakery and confectionery industries utilise these ingredients to naturally sweeten, enhance flavours, and improve the texture of products. The food and beverage industry, on the other hand, leverages these ingredients to enrich the nutritional profile and taste of ready meals, energy bars, cereals, and drinks.
Furthermore, with the escalating demand for plant-based and clean-label food items in the food and beverage industry, there’s been a heightened focus on dried fruit ingredients as a key component. Accompanied by the rising trend of veganism and clean eating, these ingredients have become a popular choice in the development of vegan, organic, and clean-label food products, thus accelerating the dried fruit ingredients market development.
Additionally, the advent of innovative drying technologies ensuring optimal preservation of nutrients, flavour, and colour of the fruits, is expected to create numerous growth opportunities for the market. These advancements, coupled with the rising consumer demand for dried fruit ingredients in various food products, are poised to fuel the dried fruit ingredients market growth.
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Dried Fruit Ingredients Market Segmentation
The market can be divided based on fruit type, origin, form, distribution channel, application, and region.
Market Breakup by Fruit Type
- Golden Seedless
- Natural Seedless
- Black Currant
- Blue Berry
- Tropical Dried Fruits
- Dried Mango
- Dried Banana
- Dried Apricot
- Dried Figs
- Dried Pineapples
Market Breakup by Origin
Market Breakup by Form
- Sliced and Diced
Market Breakup by Distribution Channel
- Hypermarkets and Supermarkets
- Convenience Stores
Market Breakup by Application
- Baked Goods
- Ready Meals
- Breakfast Cereals
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global dried fruit ingredients companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- BERGIN FRUIT & NUT COMPANY, INC.
- Archer Daniels Midland Company
- Naturex SA
- California Dried Fruit, Inc.
- Traina Home Grown
- AGRANA Beteiligungs-AG
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