Raisins Market Size, Trends and Insights By Category (Conventional, Organic), By Product Type (Natural Seedless, Golden Seedless, Black Currant, Sultana, Muscat, Monukka, Others), By End User (Food Industry, Food Service Provider, Households), By Packaging (Pouches, Jars & Bottles, Others), By Distribution Channel (Supermarket, Speciality Stores, Retail Stores, Online Stores, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Reports Description
Raisins Market: Overview
As per the current market research conducted by the CMI Team, the global Raisins Market is expected to record a CAGR of 4.89% from 2024 to 2033. In 2024, the market size is projected to reach a valuation of USD 2.45 Billion. By 2033, the valuation is anticipated to reach USD 3.95 Billion.
A raisin is a grape that has been dehydrated or sun-dried. Raisins are tasty and chewy, and you may usually find them in oatmeal and granola pastries. Ristrettos are one of the most popular types of dried fruit, so you can find them in everything from the scones and cinnamon buns at an expensive bakery to the snack box of a preschooler.
Raisins are a fruit that can be baked, brewed, or cooked. They are grown across the globe. The black grapes known as raisins are only used in Australia, Ireland, the UK, New Zealand and South Africa. A sultana, or dried currant, is a little Black Corinth grape without seeds. The raisins industry is expected to be driven by the rising health consciousness among the population.
Moreover, increasing trends of vegan and plant-based diets are another prominent factor propelling the market expansion during the analysis period. However, the price volatility and seasonal nature of production might be major restraining factors for the raisins industry expansion.
- As per the report published by the International Nut & Dried Fruit Council, an anticipated 200,000 MT of Chinese Sultanas and green raisins was produced in 2023, an 11% increase over 2022.
- As per the statistics given by the California Raisin industry, the central San Joaquin Valley, which lies within a 60-mile radius of Fresno, California, is home to about 1,500 California raisins producers and around 100,000 acres of land used for producing 100% of the country’s raisins. The United States and Canada consume 2/3rd of the raisins grown in the area. The remaining 1/3rd of the crop is sold to over 50 countries.
Raisins Market: Growth Factors
The health benefits of raisins propel the sector’s growth
The growing awareness regarding the health benefits of raisins positively influences the raisins market. Owing to its robust nutritional value, raisins are good for a variety of illnesses. They provide an abundance of dietary fiber, which is beneficial to the gastrointestinal tract.
Along with these raisins also contain potassium, calcium, iron, and B vitamins which are important to maintain overall health. Raisins have high fiber content that helps with regular bowel movements and stool thickening, which prevents constipation. The world facing digestive issues and it is one of the prominent factors penetrating the expansion of the industry.
For instance, as per the MDVIP and Ipsos survey, 2/3rd of American adults experienced a digestive problem such as bloating, gas, and abdominal discomfort, but few of them visited a doctor for treatment. Therefore, the aforementioned statistics propel the industry revenue.
Technological advancements offer a potential opportunity for market expansion
Raising raisins involves drying grapes. Even with the improvements in drying techniques such as microwave and hot air drying, sun or shade drying, which is more laborious, was still quite time-consuming. The microwave drying process has an efficiency of about 70%.
Commodity insight states that the cost of dried grapes can vary dramatically depending on quality, from a minimum of 1000 INR per quintal to a maximum of 18,400 INR. A major factor propelling the growth of the raisins business throughout the forecast period is producers’ adoption of modern technology, as improved drying procedures result in better prices. Drying methods have a major influence on grape quality.
Raisins Market: Recent Development
The raisins market has seen several new launches and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of product launches in the raisins market include:
- In December 2023, Sun-Maid Growers of California revealed that their raisins are “breaking up” with fruitcake. In addition to the desire to discover a new dessert partner that highlights the adaptability and contemporary appeal of dried fruit, the decision to part with the Christmas dessert that many people love to oppose (88% declare opposition to the often regifted delicacy) was made.
The product launches in the market by the major players helped companies gain a competitive edge and expand their product offerings across the globe.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Raisins Market | Global Dried Fruits Market | Global Nuts Market |
CAGR 4.89% (Approx) | CAGR 6.45% (Approx) | CAGR 5.45% (Approx) |
USD 3.95 Billion by 2033 | USD 17.58 billion by 2033 | USD 96.39 billion by 2033 |
Raisins Market: Challenge
Fluctuations in the price of raw materials limit market growth
The factors including crop yield, weather, and shifts in cultivation area, can significantly affect the price of grapes, directly impacting the price of raisins. These types of fluctuations in price impact lower demand. Droughts and floods are adverse weather phenomena that can have a negative impact on grape production.
For instance, as per the data published by the Aegean Exporters’ Association, grape production in Europe (Turkey) was severely impacted by the heavy rains with a downfall of 206,300 metric tons, 36% less than the previous year.
Raisins Market: Segment Analysis
By Category:
The conventional segment held the majority of the market share in the base year because these raisins are cheap as compared to organic raisins. Moreover, there is growing demand from developing regions such as Asia Pacific, Latin America and others.
Besides, the organic category is growing at a faster rate during the analysis period. The growth is the result of the rising consumer awareness associated with the benefits of organic raisins.
By Product Type:
The sultana segment held the largest revenue share in 2023. Sultana raisins are becoming a popular option because of their sweet taste and health advantages, as consumers search more and more for natural sweeteners to replace refined sugar in their diets.
Besides, the muscat segment is expected to grow at the highest CAGR during the projected period. Muscat raisins are high in dietary fiber, vitamins, and minerals, including iron and potassium, just like other types of raisins. Health-conscious consumers find them appealing because of their natural sugar content, which gives them a quick energy boost. This health benefits favoring the growth of the muscat resin market.
By End User:
The food industry is expected to dominate the market over the analysis period. The growth in this sector is due to the expanding popularity of frozen meals, nutritious snacks, and others. Additionally, the nutritional value content in raisins such as potassium, iron, calcium and others makes them popular choices in the food industry.
Nevertheless, the household’s segment is growing at a rapid rate over the analysis period owing to the rising knowledge about the health benefits of resins among households. Moreover, the growing social media platform and the rising screen time of a person are other notable factors for the industry’s growth.
By Packaging:
The pouches segment is anticipated to garner a prominent market share over the projected period. Raisins are kept fresher longer in pouches by shielding them from air and moisture, which can hasten decomposition. Because of their longer shelf life due to this packaging, raisins are a popular choice for both customers and retailers.
On the other hand, jars & bottles are expected to grow at the fastest rate due to the rising trends of premiumization.
By Distribution Channel:
The supermarket is expected to capture a significant market share in 2023. Raising customer awareness of healthy eating has led to shops presenting raisins as a natural and nutrient-dense snack option. Raisins are prominently displayed in supermarkets with other health-conscious items like nuts and dried fruits, drawing in customers who are health-conscious.
Besides, the online stores are expected to grow at a rapid rate over the projected period. The market expansion is attributed to the increasing adoption of smartphones along with the growing penetration of 5G networks across the globe.
Report Scope
Feature of the Report | Details |
Market Size in 2024 | USD 2.45 Billion |
Projected Market Size in 2033 | USD 3.95 Billion |
Market Size in 2023 | USD 2.30 Billion |
CAGR Growth Rate | 4.89% CAGR |
Base Year | 2023 |
Forecast Period | 2024-2033 |
Key Segment | By Category, Product Type, End User, Packaging, Distribution Channel and Region |
Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Raisins Market: Regional Analysis
North America is projected to lead the market growth during the analysis period. This is because of the region’s strong production and rising demand. The International Nuts & Dried Fruits Council predicts that in 2020–2021, dried grape production will increase by 6% to 2,09,000 MT, with 215 thousand MT being consumed.
The expansion of the Raisins Market Size is driven by both the high production and the rising domestic demand. Moreover, the increasing prevalence of gastrointestinal disease and the growing trends towards organic food drive the expansion of the market.
However, Europe is growing at a significant pace in the global raisins industry. The market expansion in the region is owing to the increasing demand for healthy foods. Furthermore, the increasing production is another prominent factor for the raisins sector growth.
Raisins Market: Competitive Landscape
The raisins market is highly competitive, with a large number of manufacturers operating globally. Some of the key players in the market include:
- Sun-Maid Growers of California
- Geobres
- Raisins South Africa
- Bergin Fruit and Nut Company
- Dole Food Company Inc.
- Murray River Organics Ltd
- Sunsweet Growers Inc.
- Decas Cranberry Products Inc.
- Traina ® Home Grown
- Lion Raisins Inc.
- Kiantama Ltd
- Del Monte Foods Inc.
- National Raisin Company
- Mariani Packing Company
- Arimex
- HBS Foods Ltd
- Bob’s Red Mill Natural Foods
- Others
These companies operate in the raisins market through various strategies such as enhancing guest experiences, expanding through mergers and acquisitions, and forming strategic partnerships.
The Raisins Market is segmented as follows:
By Category
- Conventional
- Organic
By Product Type
- Natural Seedless
- Golden Seedless
- Black Currant
- Sultana
- Muscat
- Monukka
- Others
By End User
- Food Industry
- Food Service Provider
- Households
By Packaging
- Pouches
- Jars & Bottles
- Others
By Distribution Channel
- Supermarket
- Speciality Stores
- Retail Stores
- Online Stores
- Others
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
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Raisins Market, (2024 – 2033) (USD Billion)
- 2.2 Global Raisins Market : snapshot
- Chapter 3. Global Raisins Market – Industry Analysis
- 3.1 Raisins Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 The health benefits of raisins propel the sector’s growth
- 3.2.2 Technological advancements offer a potential opportunity for market expansion.
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By Category
- 3.7.2 Market attractiveness analysis By Product Type
- 3.7.3 Market attractiveness analysis By End User
- 3.7.4 Market attractiveness analysis By Packaging
- 3.7.5 Market attractiveness analysis By Distribution Channel
- Chapter 4. Global Raisins Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Raisins Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Raisins Market – Category Analysis
- 5.1 Global Raisins Market overview: By Category
- 5.1.1 Global Raisins Market share, By Category, 2023 and 2033
- 5.2 Conventional
- 5.2.1 Global Raisins Market by Conventional, 2024 – 2033 (USD Billion)
- 5.3 Organic
- 5.3.1 Global Raisins Market by Organic, 2024 – 2033 (USD Billion)
- 5.1 Global Raisins Market overview: By Category
- Chapter 6. Global Raisins Market – Product Type Analysis
- 6.1 Global Raisins Market overview: By Product Type
- 6.1.1 Global Raisins Market share, By Product Type, 2023 and 2033
- 6.2 Natural Seedless
- 6.2.1 Global Raisins Market by Natural Seedless, 2024 – 2033 (USD Billion)
- 6.3 Golden Seedless
- 6.3.1 Global Raisins Market by Golden Seedless, 2024 – 2033 (USD Billion)
- 6.4 Black Currant
- 6.4.1 Global Raisins Market by Black Currant, 2024 – 2033 (USD Billion)
- 6.5 Sultana
- 6.5.1 Global Raisins Market by Sultana, 2024 – 2033 (USD Billion)
- 6.6 Muscat
- 6.6.1 Global Raisins Market by Muscat, 2024 – 2033 (USD Billion)
- 6.7 Monukka
- 6.7.1 Global Raisins Market by Monukka, 2024 – 2033 (USD Billion)
- 6.8 Others
- 6.8.1 Global Raisins Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Raisins Market overview: By Product Type
- Chapter 7. Global Raisins Market – End User Analysis
- 7.1 Global Raisins Market overview: By End User
- 7.1.1 Global Raisins Market share, By End User, 2023 and 2033
- 7.2 Food Industry
- 7.2.1 Global Raisins Market by Food Industry, 2024 – 2033 (USD Billion)
- 7.3 Food Service Provider
- 7.3.1 Global Raisins Market by Food Service Provider, 2024 – 2033 (USD Billion)
- 7.4 Households
- 7.4.1 Global Raisins Market by Households, 2024 – 2033 (USD Billion)
- 7.1 Global Raisins Market overview: By End User
- Chapter 8. Global Raisins Market – Packaging Analysis
- 8.1 Global Raisins Market overview: By Packaging
- 8.1.1 Global Raisins Market share, By Packaging, 2023 and 2033
- 8.2 Pouches
- 8.2.1 Global Raisins Market by Pouches, 2024 – 2033 (USD Billion)
- 8.3 Jars & Bottles
- 8.3.1 Global Raisins Market by Jars & Bottles, 2024 – 2033 (USD Billion)
- 8.4 Others
- 8.4.1 Global Raisins Market by Others, 2024 – 2033 (USD Billion)
- 8.1 Global Raisins Market overview: By Packaging
- Chapter 9. Global Raisins Market – Distribution Channel Analysis
- 9.1 Global Raisins Market overview: By Distribution Channel
- 9.1.1 Global Raisins Market share, By Distribution Channel, 2023 and 2033
- 9.2 Supermarket
- 9.2.1 Global Raisins Market by Supermarket, 2024 – 2033 (USD Billion)
- 9.3 Speciality Stores
- 9.3.1 Global Raisins Market by Speciality Stores, 2024 – 2033 (USD Billion)
- 9.4 Retail Stores
- 9.4.1 Global Raisins Market by Retail Stores, 2024 – 2033 (USD Billion)
- 9.5 Online Stores
- 9.5.1 Global Raisins Market by Online Stores, 2024 – 2033 (USD Billion)
- 9.6 Others
- 9.6.1 Global Raisins Market by Others, 2024 – 2033 (USD Billion)
- 9.1 Global Raisins Market overview: By Distribution Channel
- Chapter 10. Raisin’s Market – Regional Analysis
- 10.1 Global Raisin’s Market Regional Overview
- 10.2 Global Raisin’s Market Share, by Region, 2023 & 2033 (USD Billion)
- 10.3. North America
- 10.3.1 North America Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.3.1.1 North America Raisin’s Market, by Country, 2024 – 2033 (USD Billion)
- 10.3.1 North America Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.4 North America Raisin’s Market, by Category, 2024 – 2033
- 10.4.1 North America Raisin’s Market, by Category, 2024 – 2033 (USD Billion)
- 10.5 North America Raisin’s Market, by Product Type, 2024 – 2033
- 10.5.1 North America Raisin’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 10.6 North America Raisin’s Market, by End User, 2024 – 2033
- 10.6.1 North America Raisin’s Market, by End User, 2024 – 2033 (USD Billion)
- 10.7 North America Raisin’s Market, by Packaging, 2024 – 2033
- 10.7.1 North America Raisin’s Market, by Packaging, 2024 – 2033 (USD Billion)
- 10.8 North America Raisin’s Market, by Distribution Channel, 2024 – 2033
- 10.8.1 North America Raisin’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 10.9. Europe
- 10.9.1 Europe Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.9.1.1 Europe Raisin’s Market, by Country, 2024 – 2033 (USD Billion)
- 10.9.1 Europe Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.10 Europe Raisin’s Market, by Category, 2024 – 2033
- 10.10.1 Europe Raisin’s Market, by Category, 2024 – 2033 (USD Billion)
- 10.11 Europe Raisin’s Market, by Product Type, 2024 – 2033
- 10.11.1 Europe Raisin’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 10.12 Europe Raisin’s Market, by End User, 2024 – 2033
- 10.12.1 Europe Raisin’s Market, by End User, 2024 – 2033 (USD Billion)
- 10.13 Europe Raisin’s Market, by Packaging, 2024 – 2033
- 10.13.1 Europe Raisin’s Market, by Packaging, 2024 – 2033 (USD Billion)
- 10.14 Europe Raisin’s Market, by Distribution Channel, 2024 – 2033
- 10.14.1 Europe Raisin’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 10.15. Asia Pacific
- 10.15.1 Asia Pacific Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.15.1.1 Asia Pacific Raisin’s Market, by Country, 2024 – 2033 (USD Billion)
- 10.15.1 Asia Pacific Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.16 Asia Pacific Raisin’s Market, by Category, 2024 – 2033
- 10.16.1 Asia Pacific Raisin’s Market, by Category, 2024 – 2033 (USD Billion)
- 10.17 Asia Pacific Raisin’s Market, by Product Type, 2024 – 2033
- 10.17.1 Asia Pacific Raisin’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 10.18 Asia Pacific Raisin’s Market, by End User, 2024 – 2033
- 10.18.1 Asia Pacific Raisin’s Market, by End User, 2024 – 2033 (USD Billion)
- 10.19 Asia Pacific Raisin’s Market, by Packaging, 2024 – 2033
- 10.19.1 Asia Pacific Raisin’s Market, by Packaging, 2024 – 2033 (USD Billion)
- 10.20 Asia Pacific Raisin’s Market, by Distribution Channel, 2024 – 2033
- 10.20.1 Asia Pacific Raisin’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 10.21. Latin America
- 10.21.1 Latin America Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.21.1.1 Latin America Raisin’s Market, by Country, 2024 – 2033 (USD Billion)
- 10.21.1 Latin America Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.22 Latin America Raisin’s Market, by Category, 2024 – 2033
- 10.22.1 Latin America Raisin’s Market, by Category, 2024 – 2033 (USD Billion)
- 10.23 Latin America Raisin’s Market, by Product Type, 2024 – 2033
- 10.23.1 Latin America Raisin’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 10.24 Latin America Raisin’s Market, by End User, 2024 – 2033
- 10.24.1 Latin America Raisin’s Market, by End User, 2024 – 2033 (USD Billion)
- 10.25 Latin America Raisin’s Market, by Packaging, 2024 – 2033
- 10.25.1 Latin America Raisin’s Market, by Packaging, 2024 – 2033 (USD Billion)
- 10.26 Latin America Raisin’s Market, by Distribution Channel, 2024 – 2033
- 10.26.1 Latin America Raisin’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- 10.27. The Middle-East and Africa
- 10.27.1 The Middle-East and Africa Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.27.1.1 The Middle-East and Africa Raisin’s Market, by Country, 2024 – 2033 (USD Billion)
- 10.27.1 The Middle-East and Africa Raisin’s Market, 2024 – 2033 (USD Billion)
- 10.28 The Middle-East and Africa Raisin’s Market, by Category, 2024 – 2033
- 10.28.1 The Middle-East and Africa Raisin’s Market, by Category, 2024 – 2033 (USD Billion)
- 10.29 The Middle-East and Africa Raisin’s Market, by Product Type, 2024 – 2033
- 10.29.1 The Middle-East and Africa Raisin’s Market, by Product Type, 2024 – 2033 (USD Billion)
- 10.30 The Middle-East and Africa Raisin’s Market, by End User, 2024 – 2033
- 10.30.1 The Middle-East and Africa Raisin’s Market, by End User, 2024 – 2033 (USD Billion)
- 10.31 The Middle-East and Africa Raisin’s Market, by Packaging, 2024 – 2033
- 10.31.1 The Middle-East and Africa Raisin’s Market, by Packaging, 2024 – 2033 (USD Billion)
- 10.32 The Middle-East and Africa Raisin’s Market, by Distribution Channel, 2024 – 2033
- 10.32.1 The Middle-East and Africa Raisin’s Market, by Distribution Channel, 2024 – 2033 (USD Billion)
- Chapter 11. Company Profiles
- 11.1 Sun-Maid Growers of California
- 11.1.1 Overview
- 11.1.2 Financials
- 11.1.3 Product Portfolio
- 11.1.4 Business Strategy
- 11.1.5 Recent Developments
- 11.2 Geobres
- 11.2.1 Overview
- 11.2.2 Financials
- 11.2.3 Product Portfolio
- 11.2.4 Business Strategy
- 11.2.5 Recent Developments
- 11.3 Raisins South Africa
- 11.3.1 Overview
- 11.3.2 Financials
- 11.3.3 Product Portfolio
- 11.3.4 Business Strategy
- 11.3.5 Recent Developments
- 11.4 Bergin Fruit and Nut Company
- 11.4.1 Overview
- 11.4.2 Financials
- 11.4.3 Product Portfolio
- 11.4.4 Business Strategy
- 11.4.5 Recent Developments
- 11.5 Dole Food Company Inc.
- 11.5.1 Overview
- 11.5.2 Financials
- 11.5.3 Product Portfolio
- 11.5.4 Business Strategy
- 11.5.5 Recent Developments
- 11.6 Murray River Organics Ltd
- 11.6.1 Overview
- 11.6.2 Financials
- 11.6.3 Product Portfolio
- 11.6.4 Business Strategy
- 11.6.5 Recent Developments
- 11.7 Sunsweet Growers Inc.
- 11.7.1 Overview
- 11.7.2 Financials
- 11.7.3 Product Portfolio
- 11.7.4 Business Strategy
- 11.7.5 Recent Developments
- 11.8 Decas Cranberry Products Inc.
- 11.8.1 Overview
- 11.8.2 Financials
- 11.8.3 Product Portfolio
- 11.8.4 Business Strategy
- 11.8.5 Recent Developments
- 11.9 Traina ® Home Grown
- 11.9.1 Overview
- 11.9.2 Financials
- 11.9.3 Product Portfolio
- 11.9.4 Business Strategy
- 11.9.5 Recent Developments
- 11.10 Lion Raisins Inc.
- 11.10.1 Overview
- 11.10.2 Financials
- 11.10.3 Product Portfolio
- 11.10.4 Business Strategy
- 11.10.5 Recent Developments
- 11.11 Kiantama Ltd
- 11.11.1 Overview
- 11.11.2 Financials
- 11.11.3 Product Portfolio
- 11.11.4 Business Strategy
- 11.11.5 Recent Developments
- 11.12 Del Monte Foods Inc.
- 11.12.1 Overview
- 11.12.2 Financials
- 11.12.3 Product Portfolio
- 11.12.4 Business Strategy
- 11.12.5 Recent Developments
- 11.13 National Raisin Company
- 11.13.1 Overview
- 11.13.2 Financials
- 11.13.3 Product Portfolio
- 11.13.4 Business Strategy
- 11.13.5 Recent Developments
- 11.14 Mariani Packing Company
- 11.14.1 Overview
- 11.14.2 Financials
- 11.14.3 Product Portfolio
- 11.14.4 Business Strategy
- 11.14.5 Recent Developments
- 11.15 Arimex
- 11.15.1 Overview
- 11.15.2 Financials
- 11.15.3 Product Portfolio
- 11.15.4 Business Strategy
- 11.15.5 Recent Developments
- 11.16 HBS Foods Ltd
- 11.16.1 Overview
- 11.16.2 Financials
- 11.16.3 Product Portfolio
- 11.16.4 Business Strategy
- 11.16.5 Recent Developments
- 11.17 Bob’s Red Mill Natural Foods
- 11.17.1 Overview
- 11.17.2 Financials
- 11.17.3 Product Portfolio
- 11.17.4 Business Strategy
- 11.17.5 Recent Developments
- 11.18 Others.
- 11.18.1 Overview
- 11.18.2 Financials
- 11.18.3 Product Portfolio
- 11.18.4 Business Strategy
- 11.18.5 Recent Developments
- 11.1 Sun-Maid Growers of California
List Of Figures
Figures No 1 to 40
List Of Tables
Tables No 1 to 127
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2030
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
Perspective | Primary research | Secondary research |
Supply-side |
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Demand-side |
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Market Analysis Matrix
Qualitative analysis | Quantitative analysis |
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List of the prominent players in the global Raisins market:
- Akrodria
- S & B Herbafoods (Sun-Maid)
- Montagu Snacks
- Sunsweet
- Geobres
- Red River Foods
- Fruits of Turkey
- Sunbeam Foods
- Lion Raisins
- Traina Foods
- Others
FAQs
The key factors driving the Market are The health benefits of raisins propel the sector’s growth, Technological advancements offer a potential opportunity for market expansion.
The “Natural Seedless” category dominated the market in 2023.
The key players in the market are Sun-Maid Growers of California, Geobres, Raisins South Africa, Bergin Fruit and Nut Company, Dole Food Company Inc., Murray River Organics Ltd, Sunsweet Growers Inc., Decas Cranberry Products Inc., Traina ® Home Grown, Lion Raisins Inc., Kiantama Ltd, Del Monte Foods Inc., National Raisin Company, Mariani Packing Company, Arimex, HBS Foods Ltd, Bob’s Red Mill Natural Foods, Others.
“North America” had the largest share in the Raisins Market.
The global market is projected to grow at a CAGR of 4.89% during the forecast period, 2024-2033.
The Raisins Market size was valued at USD 2.45 Billion in 2024.