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Global Apricot Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
The apricot market analysis considers sales from conventional apricot and organic apricot. Our study also finds the sales of apricot in APAC, Europe, MEA, North America, and South America. In 2018, the conventional apricots segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing the application of apricot in the production of various food and beverages will play a significant role in the conventional apricots segment to maintain its market position. Also, our global apricot market report looks at factors such as health benefits of apricots, launch of new apricot-based products, and increasing production of apricots. However, impact of adverse climatic conditions on apricot production, product recalls, and stringent regulations may hamper the growth of the apricot industry over the forecast period.
Global Apricot Market: Overview
Health benefits of apricots
Apricots are rich in calories, antioxidants, potassium, fiber, and iron. They are a good source of Vitamin A, C, and E. These vitamins play a significant role in promoting eye health by protecting them from damage caused by free radicals. They also contain antioxidants and high concentration of flavonoids which aid in neutralizing harmful compounds such as free radicals that damage cells and cause oxidative stress. Apricots are also rich in soluble fiber, which is crucial for maintaining healthy blood sugar and cholesterol levels. Thus, rising awareness of the health benefits offered by apricots will lead to the expansion of the global apricot market at a CAGR of almost 4% during the forecast period.
Increasing popularity of plant-based food products
Plant-based food products are gaining popularity among health-conscious consumers globally. One of the reasons for the shift to a plant-based diet is the health and food safety concerns with animal-based food products. Plant-based diets offer numerous benefits; they provide more antioxidants and beneficial compounds than animal-based diets. They are rich in folate, magnesium, potassium, vitamin A, vitamin C, and vitamin E. They help in lowering the risk of cardiovascular diseases and other metabolic disorders. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global apricot market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading apricot manufacturers, that include ApricotKing, B & R Farms LLC, Dag Food Agricultural Products Co & Ltd., Fruits of Turkey, Agricultural Food Export, Kayisicioglu Apricot, Melissa's/World Variety Produce Inc., Purcell Mountain Farms, Sunbeam Foods, Sun-Maid Growers of California, and Traina Dried Fruit Inc.
Also, the apricot market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Executive Summary
The following companies as the key players in the global apricot market: ApricotKing, B & R Farms LLC, Dag Food Agricultural Products Co & Ltd., Fruits of Turkey, Agricultural Food Export, Kayisicioglu Apricot, Melissa's/World Variety Produce Inc., Purcell Mountain Farms, Sunbeam Foods, Sun-Maid Growers of California, and Traina Dried Fruit Inc.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the increasing popularity of plant-based food products.”
According to the report, one of the major drivers for this market is the health benefits of apricots.
Further, the report states that one of the major factors hindering the growth of this market is the stringent regulations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ApricotKing
- B & R Farms LLC
- Dag Food Agricultural Products Co & Ltd.
- Fruits of Turkey
- Agricultural Food Export
- Kayisicioglu Apricot
- Melissa's/World Variety Produce Inc.
- Purcell Mountain Farms
- Sunbeam Foods
- Sun
