Dublin, Oct. 23, 2024 (GLOBE NEWSWIRE) — The “Dried Berries Market Size, Share and Trends Analysis Report by Product, Application, Distribution Channel and Region 2024-2030” report has been added to the ResearchAndMarkets.com’s offering.
The global dried berry market size is projected to reach USD 30.15 billion by 2030. The market is projected to grow at a CAGR of 6.3% from 2024 to 2030. Increasing health concerns and people’s trend towards healthy eating are the major factors that promote growth.
The growing preference for organic ingredients such as strawberries, blackberries and blueberries in personal care products seems to have set new standards in the cosmetics industry, thus driving the demand for dried berries. For example, The Face Shop uses cranberry extracts to produce a variety of skin care products focusing on the anti-aging properties of the dried fruit.
A key trend that has given a strong impetus to the dry berry market is the growing appeal of natural and non-toxic claims made by the increased production of baby food and frozen desserts by manufacturers such as Amul, Mother Dairy, PediaSure, Naturals and Nestle in various developing countries. For example, Nestle produces Cerelac, a baby food product available in multiple flavors. Gerber Organic Puree baby food is another Nestle product made using blueberries as the main ingredient.
The increase in demand for dried berries, particularly for raisins and blueberries from Europe, can be attributed to increased usage in the baked goods, confectionery and cereal and health bar categories. Over the past few years, the growing acceptance of organic food products, especially among the aging population, along with changing consumer lifestyles due to increased awareness of health needs, has led to significant market growth. . The bakery and confectionery segment is projected to expand at a CAGR of 5.5% during the forecast period. On the other hand, the cereal and snack bars segment is projected to register the fastest CAGR of 6.5% during the forecast period.
Asia Pacific is anticipated to offer ample growth prospects in the near future, so it is expected to be the fastest growing region in the dried berry market. Countries such as India and China use raisins or raisins and eggplants for ceremonial purposes, while South Korea and Japan are known to use such products aesthetically; hence the region is expected to represent nearly 20.20% of the global market share by 2025.
Go out; Lion Raisins Inc.; Bergin Fruit and Nut Company Inc.; Del Monte Foods, Inc.; Graceland Fruit; Shoreline Fruit, LLC; Royal Nut Company; CAL-SAN Enterprises Ltd.; and Karen’s Naturals are a few to mention in this market. Diet snacking is a rapidly growing segment of the food industry. Today, sustainable growth requires a thorough understanding of ever-evolving consumer trends.
Snack foods like cookies, chocolates, snacks and cookies are popular among consumers of all age groups. Companies such as Haldiram’s, PepsiCo, Lays and Cadbury have a large market penetration compared to others in the snack food industry. For example, Quaker uses oats along with dried berries, nuts and dark chocolate to make diet bars for health-conscious consumers. In addition, Haldiram’s uses raisins to prepare Khatta-Meetha namkeen, which is a delicious popular snack in India.
Dried berry market trends
- The grape segment accounted for the largest market revenue share of 32% in 2023. Factors such as the increasing prevalence of online shopping, which is the main reason for the growth of the segment because it provides various retailers with easy access to market.
- The bakery and confectionery segment accounts for the largest share of market revenue at 32.6% in 2023. Growing preference for natural and organic ingredients in bakery and confectionery products drives demand for dried berries, which are seen as healthy and minimally processed.
- The hypermarkets/supermarkets segment held a significant share of the market in 2023 due to increasing consumer demand for healthy and convenient foods.
- North America dry grains held the largest market share of 41.8% in 2023. Growing trends in consumer behavior, shifting trends towards a vegan lifestyle, and increasing health consciousness among people have been the major reasons for the growth. of the market in the region.
Key players in the dried berry market include:
- Del Monte Foods, Inc.
- come out
- Lion Raisins Inc.
- Bergin Fruit and Nut Company
- Bella Viva Orchards
- Grapes of the Valley of the Sun
- Ocean Spray
- The Olam Group
- Sunsweet International
- UAB Arimex
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across key regions and segments.
- Competitive landscape: Explore the market presence of major players worldwide.
- Future Trends: Discover the key trends and drivers shaping the future of the global market.
- Actionable recommendations: Use insights to discover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analysis
- Segment and regional revenue forecasts for market evaluation
- Competitive strategy and market share analysis
- List of product innovations for you to stay ahead of the curve
Main attributes
| The report attribute | The details |
| Number of pages | 80 |
| Forecast period | 2023-2030 |
| Estimated market value (USD) in 2023 | 19.67 billion dollars |
| Projected market value (USD) by 2030 | 30.15 billion dollars |
| Compound annual growth rate | 6.3% |
| Regions covered | global |
For more information about this report, visit https://www.researchandmarkets.com/r/91mj2
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