Global Apricot Kernels Market Overview:
The apricot, is a member of the Rosaceae, subfamily Prunoideae. Very few apricot cultivars are grown commercially throughout the world. Instead, cultivars tend to be grown in only one region of a country, and most would be virtually unknown outside of that region. Turkey is the major producer of apricots in the world. The hard, outer part of the pits, taken separately, and the kernels within the pits, taken separately. The kernels are mainly used in production of cosmetics, medicines, and scents, and pits are used as fuel. Significant amount of oil, edible protein and fiber can be supplied by seed kernels.
Growth Drivers
- Rise in Demand for Functional Food
- Advantage Associated with Dried Apricot as it is Rich Source of Fiber and Other Nutrients
Market Trends
- Growing Health Awareness among Consumer
Roadblocks
- Side Effects Related to Apricot Kernel
Opportunities
- Increasing Use of Apricot Kernel in Medicines for Cancer
Challenges
- Limitation of Supply Chain Management
Competitive Landscape:
Some of the key players profiled in the report are Yasaroglu Co. (Turkey), ChiTree (Australia), Royal Rifco (India), Natures Healthbox (United Kingdom), Heibei dragon king food Co., Ltd (China), Shanxi Bailaoda (China), Wani Fruit Enterprises (India), Kenkko Corporation (United Kingdom), Georg Lemke (Germany), Chengde Yaou Nuts & Seeds Co., Ltd (China) and Zhangjiakou Yongchangyuan Kernel Food (China). Analyst at AMA Research see Chinese Vendors to retain maximum share of Global Apricot Kernels market by 2026.
Food Safety Regulation in Europe - Regulation (EC) No 178/2002 introduces general definitions, principles, obligations, and requirements that apply to all food brought on the EU market, including Germany, in respect of food safety. and There is specific regulations for nuts as there is risk for nuts in relation to contamination with aflatoxin. Regulation (EC) 1152/2009 outlines the fact that nuts exported to the EU, including Germany, have to be accompanied by a health certificate demonstrating the nuts have gone through sampling.
What Can be Explored with the Apricot Kernels Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Apricot Kernels Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Apricot Kernels
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Apricot Kernels 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 Apricot Kernels 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 Manufacturers of Apricot Kernel, Suppliers of Apricot Kernel, Wholesalers, Distributors and Retailers of Apricot Kernel, Food & Beverage Industry, Pharmaceutical Industry and Regulatory Bodies.
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.