Global Dried Fruits Market 2024–2033

Reports Description

The Global Dried Fruits Market was valued at USD 7.5 billion in 2024 and is expected to reach USD 17.6 billion by 2033, at a CAGR of 5.9% during the forecast period 2024 – 2033.

Dried fruits are fruits from which most of their water content has been eliminated via different drying techniques, which include sun drying, air drying, or dehydration. The drying process protects the fruits by eliminating moisture, which limits the growth of microbes, hence increasing shelf life.

Dried Fruits Market: Growth Factors

Shifting consumer preference for healthy and nutritious foods

The dried fruit industry is fuelled by changing customer demands for better and more nourishing foods. As people become more health conscious and seek substitutes for packaged snacks and sugary sweets, dried fruits become popular owing to their natural sweetness, ease, and nutritional value.

Dried fruits retain the minerals, vitamins, and fibre present in fresh fruits, making them a practical method of obtaining key nutrients in the diet. Moreover, the impression of dried fruits as healthful and little processed is consistent with customers’ demand for clean-label products with clear ingredient listings.

Furthermore, dried fruits’ adaptability makes them excellent for different uses, such as snacking, baking, and adding to meals, increasing their acceptance among health-conscious customers trying to maintain a balanced and nutritious diet.

As a result, the dried fruits market is experiencing growth as it caters to consumers’ evolving preferences for health and wellness. For instance, Goji berries are becoming more popular as nutritional foods (both raw and dried) in North Europe and North America, owing to various purported health advantages.

Developing innovative packaging solutions to enhance product appeal 

Developing novel packaging methods is a key driver of the dried fruits industry since it increases product appeal and ease for customers. Creative package designs and materials may set items apart on shop shelves, capturing customer attention and encouraging purchase decisions.

Functional packaging, which includes resealable pouches and single-serve packets, enhances convenience and product freshness, appealing to busy lifestyles while decreasing food waste. Furthermore, new packaging choices can express product benefits, including organic, natural, or premium features, successfully conveying value to customers.

Packaging innovations are important in resolving sustainability problems by minimizing environmental effects by adopting sustainable resources and designs.

In general, investing in new packaging solutions supports market development by increasing product visibility and appeal and contributes to consumer satisfaction and sustainability efforts within the dried fruits industry. For instance, minimalistic luxurious packaging appeals to consumers who value classic style and environmentally friendly procedures.

Smart packaging technology has the potential to transform how people interact with products. RFID tags, NFC chips, and bar codes can give customers real-time information about the product’s origin and usage instructions.

Smart packaging can also be used for authorization, allowing buyers to authenticate the item’s value, protecting against imitation. Integrating technology improves client trust and transparency while creating an enjoyable shopping experience.

Dried Fruits Market: Restraints

Fluctuations in prices

Variations in prices can be detrimental to the dried fruit industry in various ways. In the beginning, price increases caused by causes such as weather-related crop failures or disruptions in the supply chain might result in higher manufacturing costs, which can be passed on to consumers. This may diminish costs and depress customer demand for dried fruits.

Furthermore, price volatility can cause unpredictability for manufacturers and retailers, making it difficult to forecast inventory levels and pricing techniques efficiently. In addition, when prices fall below the cost of production during periods of excess, farmers may stop planting or move to alternative crops, resulting in decreased availability and possible consumer shortages.

In general, price variations undermine market stability, affecting producers as well as consumers and providing obstacles to the expansion of the dried fruits market.

Dried Fruits Market: Opportunities

Growing demand for natural flavour additions in food products

The growing need for natural flavourings in food goods is an important aspect of the dried fruits industry. Customers are constantly looking for more nutritious alternatives to artificial flavourings and additives, which has resulted in a desire for naturally flavoured meals. Dried fruits provide a handy and adaptable option, delivering powerful natural flavours without chemical boosters.

Furthermore, dried fruits are high in antioxidants, vitamins, and minerals, making them ideal nutritional flavouring agents. As customers become more health-conscious and value clean-label products, dried fruits will be needed in a variety of culinary applications, such as refreshments, cereals, pastries, and confectionery.

Additionally, the rising popularity of plant-based diets and the perceived value of dried fruits as healthy and less processed foods increase their prominence in the food industry as a preferred natural flavour addition.

Dried Fruits Market: Segmentation Analysis

The global dried Fruit market is segmented by type, application, and region. Based on type, the market is classified into apricots, dates, raisins, figs, berries, and others. Raisins dominated the market in 2023 with a market share of 35.1% and are expected to keep their dominance during the forecast period 2024-2033.

Raisins play an important part in the dried fruit industry for various reasons. They are considered one of the globe’s most commonly and extensively consumed dried fruits, providing a sweet and tasty snack with various health advantages.

Raisins are versatile and a must-have item in a variety of cuisine applications, including cooking, baking, and snacking. They are also high in fibre, vitamins and minerals, and antioxidants, which appeals to health-conscious consumers looking for healthful food options.

Moreover, raisins have an extended shelf life and are very inexpensive compared with other dried fruits, making them available to a wide spectrum of customers. In addition, the rising trend towards natural and less processed alternatives has increased demand for raisins and other dried fruits, fuelling market expansion and innovation in the dried fruit industry.

Based on application, the market is classified into bakery and confectionery, dairy and frozen desserts, breakfast cereals, beverages, and others. Dairy and frozen desserts dominated the market in 2023 with a market share of 30.5% and are expected to keep their dominance during the forecast period 2024-2033.

Dairy and frozen desserts are important in boosting the dried fruit industry through numerous channels. Dried fruits are often used as components in dairy products, including yogurt, whipped cream, and cheese, providing organic sweetness, texture, and flavor.

In addition, dried fruits are preferred toppings for frozen desserts such as frozen yogurt and gelato, offering a healthy and tasty alternative for consumers looking for rich delights. Dried fruits are frequently added to dairy-based snacks and desserts, such as fruit and nut bars, which improves their nutritional value and flavour.

In addition, the rising desire for healthy snack alternatives and the expanding trend of adding natural and healthful components in dairy-based goods add to the rising intake of dried fruits, boosting market expansion in the dairy and frozen desserts segment.

Report Scope

Dried Fruits Market: Regional Analysis

By region, Dried Fruits market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. Europe dominated the global Dried Fruits market in 2023 with a market share of 40.1% and is expected to keep its dominance during the forecast period 2024-2033.

European customers have an intense need for healthy and natural food goods, and dried fruits are considered nutritious and easy snacks or components for various culinary uses. The region’s priority for health and wellbeing, along with increased knowledge of the advantages of dried fruit such as their high fibre, nutrient, and antioxidant value, leads to their appeal among health-conscious consumers.

Furthermore, Europe’s rich culinary traditions and diverse population generate demand for a wide range of dried fruits from many countries and cultures. This range of product offerings responds to the tastes of diverse customer segments while also contributing to the market’s overall growth.

In addition, customers may easily obtain dried fruits due to the region’s well-established supply chains and retail facilities through supermarkets, specialty stores, and online channels. The increasing use of dried fruits as components in the food production industry also contributes to market growth.

European food makers use dried fruits to improve the flavour, texture, and nutritional content of various items, such as cereals, snacks, pastries, sweets, and dairy products.

In addition, European initiatives that promote sustainable agriculture and ethical sourcing methods help increase the dried fruit business. Consumers are becoming more concerned about the ecological and social effects of their food purchases, resulting in an affinity for dried fruits that originate from sustainable sources and are ethically produced.

Europe’s cultural tastes, health awareness, gastronomic diversity, strong distribution channels, and conservation efforts all contribute to the region’s dried fruit market expansion.

Dried Fruits Market: Recent Developments

• In April 2022, Norfund announced a USD 8 million investment in Redsun Dried Fruit and Nuts, a sultana manufacturer and exporter in South Africa. This would help the firm reach an estimated market share of USD 33 billion in healthy snacking.

• In December 2020, Great Value Foods LLP-owned brand ORCO introduced an extensive selection of natural dry fruits free of chemical impurities and artificial colors.

• In February 2020, Peyman Kuruyemis expanded its manufacturing capacity by constructing a new dried fruit producing facility in Turkey.

List of the prominent players in the Dried Fruits Market:

• Sun-Maid Growers of California
• Dole Food Company Inc.
• Bergin Fruit and Nut Company
• Paradise Fruits Solutions GmbH & Co. KG
• Olam International Limited
• Graceland Fruit Inc.
• Traina Foods
• Sunbeam Foods Pty Ltd.
• Decas Cranberry Products Inc.
• Sun Valley Raisins Inc.
• Del Monte Foods Inc.
• Royal Nut Company
• National Raisin Company
• California Dried Fruit Inc.
• Traina Foods
• Bella Viva Orchards
• Sunsweet Growers Inc.
• Kiantama Oy
• Hadley Fruit Orchards
• Tropical Foods LLC
• Others

These key players are adopting various growth strategies, such as mergers and acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc., to enhance their business operations and revenues.

The Dried Fruits Market is segmented as follows:

By Type

• Apricots
• Dates
• Raisins
• Figs
• Berries
• Others

By Application

• Bakery and Confectionery
• Dairy and Frozen Desserts
• Breakfast Cereals
• Beverages
• Others

By Nature

• Slices & Granulates
• Powders
• Whole Dried Fruits

By Form

• Native
• Modified

By End-user

• Individual
• Food Service Providers
• Food Processing Industry

Regional Coverage:

North America

• U.S.
• Canada
• Mexico
• Rest of North America

Europe

• Germany
• France
• U.K.
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• New Zealand
• Australia
• South Korea
• Taiwan
• Rest of Asia Pacific

The Middle East & Africa

• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest of the Middle East & Africa

Latin America

• Brazil
• Argentina
• Rest of Latin America