Global Dry Fruit Ingredient Market to 2027

Dry fruit ingredients are obtained from dry fruits such as almond, cashew, apricots, dates, figs, and others. Dry fruit ingredients are used in food and beverages industry for various applications. These are used for the manufacturing for various food products dairy, confectionery, bakery, and others. Dry fruit ingredients potentially used in multiple beverage items as well. Dry frit ingredients are used in various types like flavor, flour, powder, slices, pieces, and others.Dry fruit ingredients market was valued at USD 13.15 Million in 2018 which is expected to grow 5.4% by 2027

Market Drivers

Increase in consumer demand for the highest nutritional food products is expected to boost the global dry fruit ingredient market growth. Consumer across the world prefers the nutritional food products which are expected to propel the global dry fruit ingredient market growth. Furthermore, increase in awareness among the consumers and increase in usage of dry fruits in households is expected to fuel the growth of global dry fruit ingredient market during this forecast period. The dry fruit flour, slices, and powder provides many nutritional advantages to consumers is the major key driving factor which is expected to fuel the global dry fruit ingredient market growth. In addition to that, increase in consumption of functional beverages is also serves potential opportunity for utilization of dry fruits will have the positive impact on global dry fruit ingredient market growth. Dry fruit ingredients play an important role for food and beverages industry due to their nutritional and health benefits which will provides further opportunities to dry fruit ingredient market. The dry fruits has various applications in food and beverages industry and also potential use in functional food and beverages.

Market Restraints

However, high cost of dry fruits is the major restraining factor which is expected to hamper the growth of global dry fruit ingredient market growth. Also, allergies among some people because of dry fruits consumption is expected to hinder the global dry fruit ingredient market growth.

Market Segmentation

Global Dry Fruit Ingredient Market is segmented into nature such as Organic, and Conventional, by type such as Whole Fruits, Flour, Powder& Paste, Pieces & Slices, and others, by dry fruits such as Almond, Cashew, Apricosts, Dates, Raisins, Figs, and Others. Further, Global Dry Fruit Ingredient Market is segmented into application such as Bakery, Confectionery, Dairy, Beverages, Soups & Sauces, and Others, by Distribution channel such as Business to Business, Business to Consumer (Hypermarkets/ Supermarkets, Convenience Store, Specialty Stores, and Online Retail)

Also, Global Dry Fruit Ingredient Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.

Market Key Players

Various key players are discussed in this report such as Treehouse California Almonds, Shiloh Farms, Rolling hills nut company, Alldrin Brothers, SUNBEAM FOODS, WellBees, Rolling Hills Nut Company, Olam International Limited,and Dohler.

Market Taxonomy

By Nature

• Organic
• Conventional

By Type

• Whole Fruits
• Flour
• Powder& Paste
• Pieces & Slices
• Others

By Dry fruits

• Almond
• Cashew
• Apricosts
• Dates
• Raisins
• Figs
• Others

By application

• Bakery
• Confectionery
• Dairy
• Beverages
• Soups & Sauces
• Others

By Distribution Channel

• Business to Business
• Business to Consumer
• Hypermarkets/Supermarkets
• Convenience Store
• Specialty Stores
• Online Retail

By Region

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa