The global dried fruit market size was estimated at USD 8.5 billion in 2019 and projected to register a significant CAGR of 5.6% during the forecast period 2020 to 2027. The rising health awareness among the consumers is predicted to uplift the market growth globally. Furthermore, the increasing adaptation of nutritious packaged food and wide applications of dried food in the bakery, confectionery, and dairy industries is driving the market globally. Increasing adaptation of dry fruits in the diet like almond, prunes, figs, and apricots is a factor to drive the market growth positively.

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The market is segmented into type, application, distribution channel, and region. On the basis of type, the market is segmented into apricots, dates, figs, peaches, prunes, raisins, berries, and others. Raisins held the largest market share by product in 2019, accounted for more than 35% in terms of revenue. In addition, the berries segment is expected to witness the fastest-growing segment during the forecast period. Furthermore, Europe is the dominance of the dried fruit market in 2019 with the largest market share of more than 30% of the industry. Moreover, Asia Pacific is expected to the fastest-growing segment during the forecast period.

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The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which help to formulate competitive market strategies and make informed decisions. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

Global dried fruits market size and forecast were obtained by using "Bottom-up" and "Top-down" approaches. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The report provides both, qualitative and quantitative analyses of the market, the competitive landscape, and the preferred development strategies of key players which helps to formulate competitive market strategies and make informed decisions.

Dried Fruits Market Segmentation:

By Product:

Apricots
Dates
Raisins
Figs
Berries
Others

By Application:

Confectioneries
Dairy Products
Bakery Products
Snacks & Bars
Desserts
Cereals
Others

By Distribution Channel:

Supermarkets & Hypermarkets
Convenience Stores
Online

List of Key Companies:

Arboris, LLC
Archer Daniels Midland Business (ADM)
Cargill, Inc.
Enzymotec Ltd.
Lipofoods
Forbes Medi-Tech Corp.

Geographic Coverage:

North America
Europe
Asia-Pacific
Rest of The World

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