About Dried Jujube
Jujube fruit, also known as red or Chinese date, is widely utilized to improve sleep and decrease anxiety. Dried jujube fruits contain vitamins and minerals, a wide variety of antioxidant-rich phytochemicals, including saponins and flavonoids. Due to the various health benefits of a dried jujube, the market has high growth in the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.8% |
The global dried jujube market is competitive and consists of some key players. Key players are focused on expansion across the globe to avail of competitive advantage. Analyst at AMA Research estimates that Chinese Vendors will contribute the maximum growth to Global Dried Jujube 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.
Arimex (Lithuania), Sun-Maid Growers of California (United States), Kanegrade Ltd, (United Kingdom), Hines Nut Company (United States), H.B.S. Foods (United Kingdom), Henan Alchemy Food Co., Ltd. (China), Shanghai Huibo International Trade Co., Ltd. (China) and Fuyang Bestop Import And Export Ltd. (China) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dried Jujube market by , Application (Household and Commercial) and Region.
On the basis of geography, the market of Dried Jujube 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 End User Industry, the sub-segment i.e. Food and Beverages will boost the Dried Jujube 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 Jujube market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Bagged will boost the Dried Jujube market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growth in the Online Selling
Market Growth Drivers:
The jujube used as herbal medicine that contains cancer-fighting properties that help to kill some cancer cells which rising demand from chronic patients and it is rich in vitamins, fatty acids, minerals and other health-promoting organic compounds that are beneficial for health.
Challenges:
High Consumption might Cause Excessive Sleepiness or Drowsiness
Restraints:
Fluctuation in Interest Rates and Foreign Currency Exchange Rates
Opportunities:
Rising Demand from Cancer Patients in an Emerging Economy and Increasing Adoption of Dried Jujube in Developing countries
Market Leaders and their expansionary development strategies
In January 2022, Inner Mongolia Yili Industrial Group Co., Ltd. Announces Strategic Partnership with Xinjiang Yasu Group Co., Ltd. to Expand Footprint in the Dried Jujube Market.
In July 2022, Shandong Lianghe Enterprise Launches New Line of Organic Dried Jujube Products. This article announces the launch of a new line of organic dried jujubes by a Chinese company, indicating a trend towards catering to health-conscious consumers.
Key Target Audience
Dried Jujube Suppliers/Distributors, Potential Investors, Research and Development Organisation, New Entrants/Investors and Analysts and Strategic Business Planners
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.