Raisins Market Surpass $2.1 Billion By 2026 | CAGR 6.0%

Author: Acumen Research and Consulting

The global raisins industry worth is predicted to reach USD 2.1 billion till 2026 and the market is expected to markets a CAGR of 6.0% during the forecasted years.

Raisins are framed by the drying of grapes. Raisins are viewed as the second-most essential result of grapes after wine production. At the point when the water substance of grapes is decreased to 15%, they are considered as raisins. Raisins are for the most part sunlight based/air dried in fields. Raisins are utilized in numerous local dishes, cooking styles, treats, and pastry shop products. In the worldwide raisins market, Turkey and the U.S. hold major share far as the production of dried grapes is concerned. Turkey is the world's biggest maker of raisins, and their creation was 429,000 tons in 2014, a surprising development of 27% since 2000. Pursued by Turkey, significant makers of raisins are the U.S., Iran, China, and Chile. In the worldwide raisins market, significantly devoured raisins are characteristic seedless raisins, which likewise have numerous applications in food and beverages. Also, raisins are utilized in the decorating of food dishes to upgrade their surface, fragrance, and taste.

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The health consciousness wave has immersed the worldwide market with food rich foods and beverages, with a genuine brand duty to quality, taste, and flavour. In the worldwide market, raisins have increased critical applications in families, food processing industry, and baking industry, Raisins are likewise exceptionally prevalent among food specialist co-ops, attributable to their numerous medical advantages and great taste, which is helping them in achieving client fascination. With the incessant propelling of food products, the dried natural product markets has turned out to be increasingly focused, and makers are following the client driven way to deal with progress toward becoming pioneers in the raisins market. Numerous food makers are enthusiastic about adding raisins in their products to upgrade the organoleptic properties of their products. Buyers are progressively moving towards food products that are produced using characteristic ingredient with no substance or artificial additives. There is additionally an observable move towards the utilization of dried natural products, for example, raisins. Makers are creating products with natural ingredient compositions and diminished handling to take into account the expanding customer demand for nutritional and sustainable foods. They are additionally offering comfort and in a hurry foods with a solid bend to satisfy the millennial palates of buyers.

The global raisins market has been classified into product type, nature, distribution channel and end user. Based on product type, the global raisins market are segregated into natural seedless, golden seedless, black currant, sultana, muscat and monukka. On the basis of nature, the market is segregated into organic and conventional. On the basis of distribution channel, the market is segregated into direct and indirect (store based retailing (hypermarket/ supermarket, specialty stores and convenience stores) and online retailing). On the basis of end user, the market is segregated into Food Industry (Bakery, Snacks, Dairy, Ready Meals, and Confectionaries) Food Service Providers, and Households.On the basis of region the global raisins market is bifurcated into North America, Latin America, Europe, Middle East & Africa, and Asia Pacific.

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Numerous food organizations are utilizing raisins in their products, and presenting diverse sorts of snacks, other food products and bakery products comprising raisins; they can be utilized as toppings in different bread shop products, which include the substance and great kind of the raisins to the specific food product. Dried raisins is the most well-known dried organic product, and are broadly utilized in different pastry shop products to build their flavour and healthy benefit. With the expanding flavour motivation and interest for solid food fixings in food products, food makers are stressing on fusing sound foods in their last products to take into account the interest from their wide scope of clients. In the pastry shop industry, raisins are utilized in prepared merchandise to upgrade their surface and flavour. Joining raisins in bread shop food products gives a tangyflavour to these products, and furthermore add to their dietary benefit.

The key players contributing to the global raisins are Bergin Fruit and Nut Company Inc., Sun-Maid Growers of California, Sunbeam Foods Pty Ltd., GeobresNemean Currants and Sultana Raisins S.A., Decas Cranberry Products, Inc., Kiantama Oy, Sunsweet Growers Inc., Citadelle Maple Syrup Producers’ Cooperative, Traina Foods, Inc., Dole Food Company, Inc., Lion Raisins Inc., JAB Dried Fruit Products (Pty) Ltd., N. Sunshine Raisin Corporation, Montagu Dried Fruit and Nuts (Pty) Ltd., Vkc Nuts Private Limited and Viva Bella Orchards Inc.

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