About Dried Cherries
Dried cherries are a type of dry fruit which is used for various applications like confectionary items, cakes, bakery items, and snacks. It is an abundant source of vitamin A, good source of calcium & iron, and anti-inflammatory content that offers various health benefits. However, in today’s time, dried cherries are becoming more popular due to its more durability and long-lasting capacity and are widely used in cooking and brewing.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dried Cherries market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
BESTORE (China), Three Squirrels (China), Nature's Sensation (United Kingdom), Rostaa (India), Bella Viva Orchards (United States), Country Spoon (United States), Country Ovens (United States), Eden Foods, Inc. (United States), Stoneridge Orchards (United States) and Bergin Fruit and Nut Company (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Fruit Bliss (United States), Sunbeam Foods (Australia) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Dried Cherries market by Type (Sweet Cherries and Tart Cherries), Application (Direct Consumption, Cakes and Bakery, Candy and Snacks and Others) and Region.
On the basis of geography, the market of Dried Cherries has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Nature, the sub-segment i.e. Organic will boost the Dried Cherries market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Dried Cherries market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Adoption of Tart Cherries for Snacking, Cooking, and Baking
Market Growth Drivers:
Increasing Use of Dried Cherries in Place Of Sultanas or Raisins in Baked Fruit Puddings like Apple Pie Or Peach Cobbler and Increasing Demand of Dried Cherries for Diet Due to Availability of Nutrition, Minerals, and Highest Anti-Inflammatory Content
Challenges:
Less Promotional Activities by the Key Manufacturers and Availability of Multiple Global Players
Restraints:
High Concentrations of Sugar, Carbs, and Calories in the Dried Cherries
Opportunities:
High Adoption of Dries Cherries in the Confectionary Items and Production of Pemmican
Market Leaders and their expansionary development strategies
In June 2023, The U.S Department of Agriculture announced plans to purchase dried sweet cherry, prunes, raisins, and tart cherry for distribution to various food nutrition assistance programs.
In March 2021, Ocean Spray launched dried fruit blends with key benefits in US. a new dried fruit line featuring three unique blends that offer immunity, fiber, and probiotic Benefits.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Dried Cherries Manufacturers, Suppliers and Distributors of Dried Cherries, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.