Global Pitted Prunes Market Overview:
Prunes are dried plums that are in pitted form. Pitting is to remove pits from prunes and cherries that is to remove holes from fruit. Pitted Prunes are available in two types mainly ,salted and unsalted. They are used as dried fruit or garnishing elements in various sweet dishes. They have many nutritional benefits that make them worthy of all other dried fruits.
Market Drivers
- Highly Demanded Due Used In Various Sweet Dishes
- Low-Cost Associated Product With High Nutrition
Market Trend
- Growing Use In Cookies And Cakes
- Increasing Demand And For Prune Frozen Yogurt And Ice-Cream
Restraints
- Low Shelf Life
- Problems Like Gas And Bloating Are Seen
Opportunities
- In the Food Industry For Flavourings And Confectioneries
- Highly Recommended To High Cholesterol And Blood Pressure Patients
Challenges
- Alternative Dry Fruits Are Available And More Appreciated
Competitive Landscape:
There is strong competition between the top and local firms to catch the market. The dried fruits are demanding in the market, while pitted prunes are pitted plums used as a dried fruit. There are only a few big companies that produce this product while others are small scale producers. While there are mergers with farms so the quality plums can be obtained and prunes can be produced.
Some of the key players profiled in the report are Del Monte Foods (United States), Mariani Packing Company (United States), Sun Maid (United States), SUNSWEET (United States), Princesc Group (United Kingdom), Royal Nuts (United States), Cal Ranch Foods (United States), Heritage Food (India), Angas Park (Australia) and Asda (United Kingdom). Additionally, following companies can also be profiled that are part of our coverage like Gorilla foods (United Kingdom) and Tasti Foods (New Zealand). Considering Market by Distribution Channel, the sub-segment i.e. Online will boost the Pitted Prunes market. Considering Market by End User, the sub-segment i.e. Hotels will boost the Pitted Prunes market.
Market Highlights:
On 19th February 2019 International food and drink group Princes has announced a partnership with Italian agricultural organization Coldiretti to mark a definitive step forward in enhancing the ethical, environmental and economic value of the tomato supply chain in southern Italy. Through the partnership, Princes will provide financial stability for growers through guaranteed three-year supply contracts, while ensuring that the pricing of tomatoes reflects the true costs of farming to enable the long-term sustainability of the industry.
On 2nd September 2019, Princes has launched a significant new visual identity and vision for its international food and drink group, as it continues to roll out a substantial investment program to future proof the business. The rebrand is a key component of the significant business transformation program initiated by the business at the end of 2017 to drive continuous growth and respond to challenging market conditions, the investments and decisions of which are now rapidly coming to fruition.
FDA regulates dried fruit products following are some regulations are needed to follow Dried Prunes, Dehydrated Low Moisture Prunes, and Pitted Prunes - Adulteration Involving Insects; Decomposition; Dirt; Pits; and Pit Fragments, 1. Dried and Dehydrated Low Moisture Prunes - The average of the subsamples is 5 percent or more by count insect-infested, moldy or decomposed, dirty and/or otherwise unfit prunes., 2. Pitted Prunes - Examination of a minimum of 50 prunes from each of 10 subs from each code, or from the lot if no codes are present, by microanalytical manual method M13K3. and California Prune Board pressured the Food and Drug Administration to change the name of prunes to the more inviting “dried plums”.
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Pitted Prunes market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Pitted Prunes market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Food Manufacturers, Distributors/Suppliers/Wholesalers, Research Firms, Government organizations, Industry Associate and Downstream Vendors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.