"Market Intelligence that Adds Flavour to Your Success"

Dry Fruits Market Size, Share & Industry Analysis, By Type (Table Dates, Dried Grapes, Dried Figs, Dried Apricots, Prunes, and Dried Cranberries), Application (Bakery, Confectionery, Breakfast Cereals, Snacks, and Others), and Regional Forecast, 2024 - 2032

Last Updated: June 24, 2024 | Format: PDF | Report ID: FBI100544

 

KEY MARKET INSIGHTS

Play Audio Listen to Audio Version

The global dry fruits market size was USD 6.71 billion in 2023 and is projected to grow from USD 6.96 billion in 2024 to USD 10.41 billion by 2032, exhibiting a CAGR of 5.16% during the forecast period (2024-2032). Europe dominated the Dry Fruits Market with a market share of 28.32% in 2023.


There has been a significant impact of the COVID-19 pandemic on the market, ultimately disrupting the global supply chain of dry fruits. According to our analysis, the global market exhibited an increase of 0.6% in 2020 as compared to year-on-year growth during 2017-2019. The rise in CAGR is attributable to this market’s demand and growth, returning to pre-pandemic levels once the pandemic is over.


The snacking industry worldwide is witnessing robust growth owing to the constant evolution in consumption patterns, such as the rising popularity of nutritious and healthy snacks. The emerging trend among consumers to select quick and indulgent snacking options that suffice their daily nutrition needs is anticipated to fuel the demand for dried nuts and fruits across the convenience food industry. Furthermore, the increasing investments in research and development of innovative snacks with a wide variety of dehydrated fruits is projected to drive market growth in the forthcoming years.


During the initial phase of the global COVID-19 pandemic, the most significant negative impact was on the global agriculture supply chain. This significant impact on the supply chain was owing to the sudden lockdowns imposed by governments in countries across the world and stringent regulations on global import and export. These restrictions put a halt on the overall supply and production of several food products. In addition, regulatory bodies across the globe imposed several new regulations on the manufacturing, processing, and supply of food products to control the spread of the virus, such as mandatory social distancing, hygiene, and others. To abide by these new changes, major players in the global market had to undergo significant re-evaluation in every aspect of the global dry fruit market supply chain. However, the nationwide lockdowns and panic purchasing increased the global demand for dried nuts and fruits. Customers have become more inclined towards healthy, organic, and plant-based snacking options. This shift in consumers’ preferences is projected to drive this industry in the foreseeable future.


Dry Fruits Market Trends


Emerging Trend for Healthy/Functional Foods to Boost Market Growth


Rising health concerns have increased the demand for functional foods among consumers to maintain health and reduce the risk of certain lifestyle-related diseases. People continue to seek healthy options in food aisles to balance their nutritional intake. Foods enriched with nutritious ingredients containing fibers, micronutrients, protein, and essential fatty acids are becoming mainstream in retail channels. Consumers nowadays are also becoming interested in purchasing clean-label and organic products due to rising health awareness and fitness. The growing popularity of such healthy foods to improve health is projected to increase the demand for a range of dehydrated fruits across the global convenience food and snacking industry. Furthermore, the increasing popularity of ready-to-eat healthy foods among millennials and working adults is anticipated to further increase the demand for dried nuts and fruits in the global market.


Request a Free sample to learn more about this report.


Dry Fruits Market Growth Factors


Growing Popularity of Nutritious Snacks to Drive Dry Fruits Market Growth


The rising health consciousness among consumers in both developed and developing markets across the world has increased consumption of dried nuts and fruits. The product contains high levels of unsaturated fats, proteins, vitamins and fibres. The emerging trend for protein-rich diets has significantly increased the demand for dehydrated fruits among young adults. The increased awareness regarding obesity and lifestyle-related disorders has boosted the popularity of healthy snacks among consumers. Dry fruit containing snack bars, breakfast cereals and bakery products are gaining popularity in the retail  


The health benefits of dehydrated fruits boost their consumption as a snack and as a raw ingredient in gluten-free and vegan bakery and confectionery products. Development across the food packaging industry has enabled manufacturers and processors to sell dehydrated fruits in small, portable, and ready-to-eat packaging. The increasing investment by manufacturers to extend product shelf life contributes to market growth.


Growing Consumer Interest in Minimally-Processed Ready-to-eat Food Products to Fuel Market Growth


The growing popularity of natural and minimally processed organic food products is considerably driving  the industry’s growth in  developed markets. The demand for small-sized mixed dried nuts and fruits packs, snack bars and breakfast bars infused with whole or minimally processed dried nuts and fruits, and breakfast cereals like muesli and granola that utilize organic dehydrated fruits as key ingredients is increasing North American and European consumers. Organic and clean-label dried nuts and fruit are perceived to be safer as compared to conventional ones. Ready-to-eat dry fruit snacks are becoming popular as they are easy to carry and suffice daily nutrition needs.


Various global organizations focus on improving drying and processing technologies to improve food safety and quality control by gradually shifting from sun-drying techniques to more refined techniques such as freeze-drying. The robust demand for freeze-dried fruits from the bakery and breakfast cereal industries is expected to further drive the market growth.


RESTRAINING FACTORS


Increasing Food Safety Concerns and High Cost to Hamper Market Growth


The rising concerns regarding food safety among consumers have considerably affected the dried nuts and fruits industry. Amplifying exports of dried fruits have increased the requirement of investments by manufacturers for their food safety compliance. Mycotoxin, a common contaminant in dehydrated fruits, has necessitated various developed countries to enforce special procedures for imports from developing countries.


Moreover, consumers in developed markets of Europe, North America and the Asia Pacific are becoming concerned regarding ethical practices in global food value chains. The growing demand for ethically sourced, sustainable and clean label dehydrated fruits among consumers has necessitated manufacturers to invest in the processing and developing of innovative products. The high-cost of dried fruit farming and processing also hampers the market growth.


Dry Fruits Market Segmentation Analysis


By Type Analysis


To know how our report can help streamline your business, Speak to Analyst


Dried Grapes Hold the Largest Market Share Attributed to their Extensive Application in Snacks


Dried grapes are among the most loved dried nuts and fruits, holding the largest share in the global market owing to their extensive application in various healthy snacks. Dried grapes are also a great value in the international foodservice industry owing to their increasing utilization in a range of bakery products and desserts. The growing popularity of dry fruit-based snacks as a healthy snacking option has increased the demand for conveniently packaged dehydrated fruits across retail channels.


According to the International Nut and Dried Fruit Council, the most consumed dehydrated fruits, both in high- and middle-income economies during 2017, were dried grapes and table dates, adding up to 69% and 81% of the world share, respectively.


Table dates’ growth is primarily driven by the rising interest in healthy snacking and innovative bakery and confectionery products made using table dates as an alternate ingredient for sugar replacement. Dried figs are witnessing substantial growth due to their rising utilization in breakfast cereals, bakery products, and packaged dried nut and fruit snacks.


By Application Analysis


Bakery Sector Holds the Largest Market Share Owing to the Rising Demand for Healthy Baked Goods


Dry fruits have countless applications in the bakery industry. The growing demand for healthy baked goods such as gluten-free, vegan, and fiber rich cakes and muffins has increased the dried fruits’ utilization  across the bakery industry. This demand is only expected to increase as the application for dried grapes, dates, dried apricots, and dried figs are rising across the bakery industry. Dried grapes and dates are extensively utilized as a natural sweetener for cane sugar in baked goods. The demand for organic dehydrated fruits is increasing across developed markets of Europe including, the U.K., Germany, and France, due to the rising trend of organic and clean label bakery products.


Snacks are the fastest-growing segment with the highest CAGR among other sectors. The strong growth is attributed to the rising popularity of healthy snacking to maintain overall health and wellness. Nutrient-rich snacks such as cereal bars and breakfast cereals with dehydrated fruits and dried nut and fruit mix packages are becoming popular among young adults. The emerging trend of clean-label and naturally sourced food products is expected to further drive the market growth over the forecast period.


REGIONAL INSIGHTS


Europe Dry Fruits Market Size, 2023 (USD Billion)

To get more information on the regional analysis of this market, Request a Free sample


Europe is the leading region attributable to the rising awareness about the popularity of on-the-go nutrition and the positive health effects of functional foods. Rising awareness of healthy food consumption in the U.K., Germany, France, and Italy has increased their nuts and dried fruits consumption. Rising investments by key giants for developing innovative dehydrated fruits product portfolios further contribute to the market’s growth.


The Middle East & Africa region has the largest market share attributed to the highest production and exports of dehydrated fruits from Iran, Afghanistan, and Turkey. The rising demand for dried grapes, table dates, and dried apricots from developed Europe and North America markets for their further processing into value-added products such as healthy baked goods, confectionery, and snacks is further driving the market growth in the region. Moreover, the rising interest in dried nut and fruit snacks and bakery products among young adults in the Middle East and Africa contributes to the region's market growth.


Asia Pacific is the fastest-growing region for this market owing to the fexible income options available for the locals in the region. The growing ability of the cutomers to afford healthy food and the growing awareness regarding the nutritional attributes of dehydrated fruits has increased their demand among millennials. The highest market growth occurs in countries including China, India, and Viet Nam, all of which are experiencing rapid economic development.


Emerging trends of better-for-you products in the U.S. and Canada have ultimately increased dehydrated fruits adoption in various food sectors across the region. Breakfast cereals, dry fruit snacks, and dry fruit-based bakery products are becoming mainstream due to the rising trend of gluten-free, vegan, and clean-label products. Rising investments by processors for the research and development of innovative products may boost industry growth.


South American market is still at the nascent stage and poses tremendous opportunities for leading regions such as Europe and the Middle East to invest in this market. The growing awareness among consumers regarding functional foods and healthy snacking is expected to fuel the market growth in the upcoming years.


To know how our report can help streamline your business, Speak to Analyst


List of Key Companies in Dry Fruits Market


Graceland Fruit, Inc.’s Production Expansion Strategy to Strengthen its Presence in the Market


Graceland Fruit, Inc., a leading dry fruit company worldwide, is actively focusing on investing in the expansion of processing activities to strengthen its presence in the market. For instance, in April 2018, Graceland Fruit, a dried fruit producer, expanded its production and processed dried cranberry with the purchase of Wisconsin-based Cranberry Growers Cooperative. The global market is highly fragmented with various multinational companies operating across the world. The major players such as Olam International, Manassen Foods Australia Pty Ltd. and The Bergin Fruit and Nut Company are focusing on new product developments, mergers and acquisitions, to unite the market. The advent of new players in the dried nut and fruit market contributes to the market considerably, which futher positively impacts the growth of the market.


LIST OF KEY COMPANIES PROFILED



  • Manassen Foods Australia Pty Ltd. (New South Wales, Australia)

  • Olam International Limited (Singapore)

  • Ocean Spray Cranberries, Inc. (Massachusetts, U.S.)

  • Bergin Fruit and Nut Company, Inc. (Minnesota, U.S.)

  • Sunsweet Growers, Inc. (California, U.S.)

  • National Raisin Company (California, U.S.)

  • Sun-Maid Growers of California (California, U.S.)

  • Angus Park Fruit Company Pty Ltd (North SA, Australia)

  • Graceland Fruit, Inc. (Michigan, U.S.)

  • Murray River Organics (Victoria, Australia)


KEY INDUSTRY DEVELOPMENTS



  • December 2020- Great Value Foods LLP owned brand ORCO launched a range of organic dry fruits free from any impurity and artificial colors.

  • February 2018 – Peyman Kuruyemis, a Turkish producer of dried fruits, nuts, and seeds has expanded its production capacity by building a new production facility for dried fruits.


REPORT COVERAGE


An Infographic Representation of Dry Fruits Market

To get information on various segments, share your queries with us



The global dry fruits market research report provides a detailed analysis of the market and focuses on key aspects such as leading companies, product forms, and leading distribution channels. Besides this, the report offers insights into the market trends and highlights key industry developments. In addition to the aforementioned factors, the report encompasses several factors that have contributed to the market's growth in recent years.


To gain extensive insights into the market, Request for Customization


Report Scope & Segmentation
















































ATTRIBUTE



DETAILS



Study Period



2019-2032



Base Year



2023



Estimated Year



2024



Forecast Period



2024-2032



Historical Period



2019-2022



Growth Rate



CAGR of 5.16% from 2024 to 2032



Unit



Value (USD billion)



Segmentation



By Type



  • Table Dates

  • Dried Grapes

  • Dried Figs

  • Dried Apricots

  • Prunes

  • Dried Cranberries



By Application



  • Bakery

  • Confectioneries

  • Breakfast Cereal

  • Snacks

  • Others



By Geography


North America (By Type, Application, and Country)



  • U.S.

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Canada

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Mexico

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries






Europe (By Type, Application, and Country)



  • U.K.

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Germany

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • France

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Italy

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Spain

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Rest of Europe

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries






Asia Pacific (By Type, Application, and Country)



  • China

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • India

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Japan

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Australia

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Rest of Asia- Pacific

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries






South America (By Type, Application, and Country)



  • Brazil

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Argentina

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Rest of South America

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries






Middle East & Africa (By Type, Application, and Country)



  • Iran

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Turkey

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries





  • Rest of the Middle East & Africa

    • By Type (Value)

      • Table Dates

      • Dried Grapes

      • Dried Figs

      • Dried Apricots

      • Prunes

      • Dried Cranberries










Frequently Asked Questions

Fortune Business Insights says that the markets value was at USD 6.71 billion in 2023 and is projected to reach USD 10.41 billion by 2032.

In 2023, the European market stood at USD 1.90 billion.

Growing at a CAGR of 5.16%, the market will exhibit steady growth during the forecast period (2024-2032).

The dried grapes segment is expected to be the leading segment based on type in the global market during the forecast period.

The rising popularity of healthy snacking is a key driving factor for this Market.

Olam International, Manassen Foods Australia Pty Ltd., and The Bergin Fruit and Nut Company are the top players in the global market.

Middle East & Africa is expected to hold the highest market share in over the forecast period.

Rising awareness about the health benefits of dried fruits and the growing popularity of healthy snacking are major factors driving the adoption of dried fruits.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • 2019-2032
  • 2023
  • 2019-2022
  • 204

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X