About Dried Apricot Snacks
Dried apricot snacks are the light snacks made out apricot after drying it with several methods like sun-dried, air dried, etc. The dried apricot snacks are available in supermarkets, convenience stores, online stores, and other channels. They can be found in various shapes and flavors in different packaging sizes. The demand for apricot dried snacks is increasing because of the various health benefits associated with the consumption of apricot.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Dried Apricot Snacks market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Dried Apricot Snacks Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. 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.
The Campbell Soup Company (United States), Mavuno Harvest (United States), Kennko Corporation (United Kingdom), Morriko Pure Foods (India), King Apricot (Turkey), Apricot Producers (United States), National Raisin Company (United States) and Fruit Blis (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Dried Apricot Snacks market by Type (Sun-Dried, Freeze Dried and Other), Application (Salads, Snack Bars, Cookies and Others) and Region.
On the basis of geography, the market of Dried Apricot Snacks 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 Apricot Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packing, the sub-segment i.e. Bulk Packaging will boost the Dried Apricot Snacks 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. Supermarkets will boost the Dried Apricot Snacks market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Availability of Dried Apricot Snacks in Different Shapes and Flavors
Market Growth Drivers:
Increasing Awareness about the Health Benefits of Consuming Apricot and Rising Demand for Snacks Among People
Challenges:
Price Fluctuation in the Raw Material of Dried Apricot Snacks and Stiff Competition in Dried Apricot Snacks Market
Restraints:
Allergy-Related Risks with the Consumption of Dried Apricot Snacks
Opportunities:
Growing Online Availability of Dried Apricot Snacks and Surging Demand for the Dried Apricot Snacks from Developing Nations
Market Leaders and their expansionary development strategies
In May 2023, Flagstone Foods , one of the largest manufacturers and distributors of private label snack nuts and trail mixes in North America, announced that it has acquired Emerald Nuts from Campbell Soup Company, adding one of the leading snack nut brands in the United States to Flagstone’s portfolio.
"FSSAI has made new standards for Dried Apricot separately as there were previously no standards for this category. The various styles of apricot have been described as whole unpitted, whole pitted, halves and slabs – which consist of portions of sound, ripe apricots of characteristic color, irregular in shape, size and thickness and excluding whole fruit."
Key Target Audience
Dried Apricot Snacks Manufacturers, Dried Apricot Snacks International Traders, Dried Apricot Snacks Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies, Upstream and Downstream Buyers 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.