Global Dried Fruits Market Projected to Increase at a CAGR Of 5.7% over 2018-2026 Owing to Rise in Demand for Healthier Foods Across the Globe
Albany, NY -- (SBWIRE) -- 09/28/2018 -- Dried Fruits are defined as the fruits from which the water content is removed naturally or artificially. The various drying methods used for drying fruits include Solar Drying, Vacuum Drying, Microwave Drying and Freeze Drying. More than 60% of the dried fruits market share is held by raisins. The unique properties of dried fruits like its unique flavour, rich nutrition profile, and prolonged shelf life and higher health benefits.
Dried Fruits market is driven by higher demand for healthy foods among the consumer groups. Rise in the number of working women is increasingly leading to a significant change in lifestyle. This involves increasing preferences for convenience and ready-to-eat food products such as dried fruits. A study funded by International Nut and Dried Fruits Council (INC) says that eating dry fruits has various benefits on human health.
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Dried fruits are a natural source of energy for athletes. Dried fruits are a rich source of good fat and calories. Dried fruits generally contain similar nutrients as fresh or frozen but are more concentrated. According to the researchers, dried fruit has about 3.5 times the amount of beneficial nutrients as fresh fruit.
Rising global urban population and per capita income are factors responsible for the boost in demand for industry products such as fruit snacks and cereals. Demand for dried fruits from food manufacturers, such as confectionery and bakery, as well as dairy companies is increasing all over the world, as these buyers purchase processed fruit products from industry operators for utilization of fruits in their manufacturing processes.
Advancements of modern retail formats, such as convenience stores and increased penetration of online stores, particularly in the Asian countries is resulting in increasing product visibility and improved product information. This enables easier accessibility to food products, such as dried fruits, to consumers.
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Some of the major companies operating in the global dried fruits market are Del Monte, Dole, Lion Raisins Inc., California Dried Fruit Inc., Jab Dried Fruit Products (Pty) Ltd, Bergin Fruit Company Inc., Vkc Nuts Private Limited, Viva Bella Orchards Inc., Kiantama, Sun-Maid Growers of California, Sunshine Raisin Corporation, Traina Dried Fruit Inc., Greek Dried Fruits S.A., Montagu Dried Fruit and Nuts (Pty) Ltd, Sun Valley Raisins Inc. A California Corporation, Raisin Champion International, Geobres Nemean Currants and Sultana Raisins S.A., Fresno Cooperative Raisin Growers Inc., Chengde Shenli Food Co., Ltd. and Ningxia Yuxiang Bio Food Engineering Co., Ltd.