About Dried Figs
Ficus carica, a tiny tree species in the mulberry family, produces tasty figs. The Mediterranean and western Asia are home to this species. Fresh or dried figs can be eaten raw or cooked into jam, rolls, biscuits, and other sweets. The bulk of the figs are dried, either naturally or artificially, resulting in a delicious and healthy dried fruit that may be eaten throughout the year. The figs are an ideal low calorie snack, offering high copper and vitamin B6 content. They are even said to improve digestion and heart health of the body. Growing population, increasing demand for natural fruit based products, rising disposable income, globalisation have all played a significant role in the growth of the dried figs market. North America and Europe are the fastest growing market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.42% |
The dried figs are one of the sweetest and healthiest dried fruits in market. They are of low calories, thus being an ideal healthy meal option. Dried figs are also considered one of the oldest fruits present in human interaction. Growing demand for natural fruits based products and increasing population are major factors for the growth of the dried figs along with rising disposable income. North America and Europe are expected to emerge as the fastest growing market. 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.
Natura Dry Fruit AS (Turkey), San Joaquin Figs, Inc. (United States), Burkaz Figs Co. (Turkey), Izmir Organic (United States), Valley Fig Growers (United States), Sea Spread Limited (China), Guzel Can Gida (Turkey), Fruits of Turkey (Turkey), Aurora Products, Inc. (United States) and Made In Nature (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Saroyce (India), Afrinest Global Private Limited (India) and Khari Foods (India).
Segmentation Overview
AMA Research has segmented the market of Global Dried Figs market by and Region.
On the basis of geography, the market of Dried Figs 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 Distribution Channel, the sub-segment i.e. Online {E-Commerce Stores} will boost the Dried Figs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Sliced will boost the Dried Figs 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. Plastic Packet will boost the Dried Figs market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Sliced Segment Accounts for Largest Market Share
Market Growth Drivers:
Growing Demand for Natural Ingredients and Fruit Based Products, Increasing Population around the World and Enhanced Focus on Processed Fruit and Vegetables Product
Challenges:
Conflicts in Certain Regions such as Afghanistan is Expected to Affect the Supply of Dried Figs in Market and Changing Climate can also affect the Cultivation Cycle of Figs
Restraints:
Presence of Large Number of Local and Global Players in Market
Opportunities:
Organic Segment can Present Accelerated Growth Opportunities in Western Markets such as North America and Europe
Market Leaders and their expansionary development strategies
On September 21, 2021, Sun-Maid Growers, a California-based raisin and dried fruit cooperative, announced its merger with Mariani Nut Company, a California-based nut and dried fruit company.
In November 2023, Sahyadri Farms, a fig producer based in Pune, India, launched a new line of fig-based snack bars made with organic ingredients.
Key Target Audience
Dried Figs Manufacturers, Suppliers and Distributors, New Entrants/Investors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industries
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.