About Dried Fruits and Edible Nuts-
Dried fruits are including dried cherries, raisins, dried figs, and more. Dried fruits go through a process to remove water, persevering. This process occurs naturally, like sun drying, air drying, or through the use of specialized dryers or dehydrators. Edible nuts are rich in proteins, minerals, calcium, and healthy fats. Edible nuts are nature's energy powerhouse. They can include walnuts, almonds, cashews, etc. Both nuts and dried fruits contain a high amount of nutrients that can benefit overall health. Consumers are becoming more educated about the nutritional benefits of dried fruits and nuts, which is the key factor driving this market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 7.9% |
Competition among existing players is due to the stiff market share occupied by leading players. The companies are implementing strategic activities such as acquisition and mergers along with collaboration with companies in other industries to help them in improving sustenance and maintaining their competitive advantages. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Dried Fruits and Edible Nuts- 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.
Aremix (Lithuania), Paradise, Inc. (United States), Jiangsu Palarich Food Co., Ltd (China), Sunsweet growers Inc (United States, Olam International Limited (Singapore), National Raisin Company (United States), Henry LaMotte food (Germany), Nutraj.com (India), Sun-Maid Growers of California (United States), Papagan Kuruyemis (Turkey), Hines nut company (United States), Vedaka (India), Mariani nut co (United States), Whitworths (United Kingdom) and Happilo (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Geobres Nemean Currants and Sultana Raisins S.A (Greece) and John b. Sanfilippo & son, Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Dried Fruits and Edible Nuts- market by and Region.
On the basis of geography, the market of Dried Fruits and Edible Nuts- 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 Type, the sub-segment i.e. Dried fruits (Raisins, Apricots, Dates, Figs, Cranberries, Mangoes, Others) will boost the Dried Fruits and Edible Nuts- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product Form, the sub-segment i.e. Whole will boost the Dried Fruits and Edible Nuts- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Category, the sub-segment i.e. Organic will boost the Dried Fruits and Edible Nuts- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Price Range, the sub-segment i.e. Premium will boost the Dried Fruits and Edible Nuts- 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. Hypermarket / Supermarket will boost the Dried Fruits and Edible Nuts- market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing demand for unique and exotic Flavors like dried mango with chili or coconut-infused nuts
Market Growth Drivers:
Rising awareness of the health benefits. and Increased variety and offers wide ranges of option from common variety like raisins.
Challenges:
potential for contamination during the drying and packaging processes. and Storage and transportation can also pose challenges
Restraints:
Fluctuation in prices and Disruption of supply chain
Opportunities:
Growing focus on innovation of organic and suitable-sourced dried fruit and nuts, which can ensure environmental responsibility
Market Leaders and their expansionary development strategies
In March 2021, Olam International announced that it had acquired the dried fruit and nut business of Hughson Nut, Inc. The acquisition was aimed at expanding Olam's product offerings in the dried fruit and nut categories in the US market
In May 2022, VKC Nuts, one of India’s leading fully integrated farms to fork Nuts Dried Fruits, Company has launched of ‘Bactopure’, India’s first and only range of pasteurized nuts and dried fruits. and In August 2019, Whitworths, a dried fruit, home baking and snack products company has launched a range of all natural fruits and nut snack in five variants. The products walnuts and sorbet raisins, wrapped pili nuts, wrapped jumbo cashew, a three-almond blend, and mango, pineapple and papaya mix.
Key Target Audience
Supplier, Manufacturer, Research organization, Government Regulatory, End-User Industry 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.