About Dried Grape
The cultivation of grapes has been increased substantially from the last few decades. Grapes are mostly used for fresh consumption and wine preparation. However, the dried form of grapes called raisins, currants, and sultanas are also popular among the people. This can be attributed to the health benefits associated with raisins consumption. Raisins are mostly used for raw consumption; they also used in beverages, cooking, among other purposes. The dried grapes market is expected to gain huge demand during the forecast period with the highest CAGR.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Dried Grape is a fragmented market due to the presence of various players. The players are focusing on strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Analyst at AMA Research estimates that United States, China, and Australia Vendors will contribute the maximum growth to Global Dried Grape 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.
Graceland Fruit (United States), Sunbeam Foods (Australia), Murray River Organics (Australia), Australian Premium Dried Fruits (Australia), Angas Park (Australia), Sunsweet Growers, Inc. (United States), KBB NUTS (India), Three Squirrel (China), Dole Packaged Food LLC (United States) and HBS Food Limited (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Shivam Cashew Industry (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Dried Grape market by Type (Currants, Sultanas and Raisins), Application (Household and Commercial) and Region.
On the basis of geography, the market of Dried Grape 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, Chile, Rest of Europe), MEA (Turkey, Iran, Rest of Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Packaging Type, the sub-segment i.e. Bagged will boost the Dried Grape market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online Sales will boost the Dried Grape market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Dried Grapes Variety, the sub-segment i.e. Seed-less dried grapes will boost the Dried Grape market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Consumer Shifting Towards Healthy Snacks
Market Growth Drivers:
Increased Production of Grapes Worldwide and Rising Popularity of Dried Grapes as Healthy Snack Owing to its Heath Benefits
Challenges:
A High Labor Cost
Restraints:
Fluctuating Raw Grapes Prices
Opportunities:
Merchandising of Dried Grapes on Online Platform
Market Leaders and their expansionary development strategies
In January 2020, Life's Grape launched new peanut butter dipped vine dried grapes. This innovative treat is joining their collection of delicious handcrafted snacks.
In May 2019, Australia’s dried grape industry has launched a new brand, Australian Sultanas, as part of its strategy to grow product awareness and increase export sales.
Analyst View
The United States, Turkey, China, Iran, and Chile are some of the key producers of the dried grapes. Moreover, the Europe region is the largest importer of the dried grapes. European imports of dried grapes are concentrated in three countries (the United Kingdom, Germany and the Netherlands), which together account for 61% of total European imports. The highest average annual increase of exports of dried grapes from Europe in the last five years was to China (40%).
Key Target Audience
Dried Grapes Key Vendors, Raw Dried Grapes Producer and Suppliers, Industry Associations, 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.