Category : Consumer Goods and Food and Beverages | Published at : February-2019 | Delivery Format : PDF | Status: Published | Pages : 160
Introduction
The international raisins market worth is anticipated to touch USD 2.1 billion by the end of year 2026 and the industry is projected to showcase a CAGR of 6.0% during the forthcoming years.
Market Dynamics
Numerous food organizations are utilizing raisins in their products and presenting diverse kinds of snacks and pastry shop 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 natural product, and are broadly utilized in different pastry shop products to build their flavour and dietary benefit. With the expanding flavour motivation and demand for healthy food ingredients in food products food makers are underlining on consolidating sound foods in their last products to oblige the demand from their wide scope of clients. In the bread kitchen industry, raisins are utilized in prepared products to upgrade their surface and flavour. Adding raisins in pastry kitchen food products gives a tangy flavour to these products and furthermore add to their dietary benefit.
Market Insights
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.
Market Segmentation
Market By Product Type
- Natural Seedless
- Golden Seedless
- Black Currant
- Sultana
- Muscat
- Monukka
Market By Nature
- Organic
- Conventional
Market By Distribution Channel
- Direct
- Indirect (store based retailing (hypermarket/ supermarket, specialty stores and convenience stores)
- online retailing
Market By End-user
- Food Industry
- Food Service Providers
- Households
Market By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- Latin America
- Brazil
- Chile
- Rest of Latin America
- Middle East and Africa (MEA)
- South Africa
- Saudi Arabia
- Rest of MEA
Regional Insights
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.
Market Participants
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. are significant companies operating in the global raisins market.
