Dried Apricots Market Segmented On The Basis Of Product, Form, Distribution Channel, Region And Forecast To 2025

19/mag/2020 14:41:52 Grand View Research Contatta l'autore

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Dried Apricots Market

 San Francisco, 19 May 2020: The Report Dried Apricots Market Size, Share & Trends Analysis Report By Product (Organic, Conventional), By Form (Powdered, Whole Dried, Diced), By Distribution Channel, By Region, And Segment Forecasts, 2019 - 2025

The global dried apricots market size is expected to reach USD 985.5 million by 2025, according to a new report by Grand View Research, Inc. It is anticipated to register a CAGR of 4.9% during the forecast period. Rising importance of dried apricots as dietary fiber enriched products with numerous health benefits is anticipated to drive the growth. These fruits boost cell growth, and maintain health of eyes and bones. These advantages are anticipated to drive the product adoption. Furthermore, application in beauty and cosmetic products for the treatment of dead skin cells is projected to further drive the growth.

The conventional product segment held the largest market share of more than 90% in terms of volume in 2018. Rising consumer preference for these products owing to their cost-effectiveness and easy availability at convenience and retail stores is anticipated to drive the growth. On the other hand, the organic product segment is expected to register a CAGR of 5.2% in terms of volume from 2019 to 2025. Rising importance of organic labeling in food and beverage industry to limit the use of harmful ingredients is expected to drive the organic apricots segment over the next eight years.

The diced product segment is expected to witness significant growth over the forecast period on account of easy incorporation of these products as nuts in items including cookies, muffins, and snack bars among others. Furthermore, rising popularity of packaged snacks among working population owing to the convenience and ease of access is expected to expand the segment growth in the forthcoming years.

Online distribution channel is expected to expand at a CAGR of 6.0% from 2019 to 2025. Increasing use of e-commerce portals owing to the availability of value-added features including discounted prices, cash backs, and coupons is expected to remain a favorable factor for the growth of this segment over the next few years.

Some of the key players operating in this market are King Apricot, Chi Tree, BATA FOOD, KENKKO CORPORATION, NationalRaisin Company, Dag Food, Quirkeycots, Anatolia A.Ş., ZIBA FOODS, and Kayisicioglu Apricot. Product innovation is expected to remain a key strategy among the industry participants in near future. For instance, in May 2016, Del Monte launched a new Dried Apricots snack.

Access Research Report of Dried Apricots Market https://www.grandviewresearch.com/industry-analysis/dried-apricots-market

Further key findings from the report suggest:

  • Organic products is projected to witness a CAGR of 5.6% from 2019 to 2025
  • Powder forms led the dried apricots market accounting for more than 70% of the global volume share in 2018
  • Middle East and Africa is expected to generate a volume of more than 65 kilo tons by the end of 2025

Browse more reports of this category by Grand View Research at: https://www.grandviewresearch.com/industry/consumer-f-and-b

Grand View Research has segmented the global dried apricots market on the basis of product, form, distribution channel, and region:

Dried Apricots Product Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • Organic
  • Conventional

Dried Apricots Form Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • Powdered
  • Whole dried
  • Diced

Dried Apricots Distribution Channel Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • Online
  • Offline

Dried Apricots Regional Outlook (Volume, Kilo Tons; Revenue, USD Million, 2015 - 2025)

  • North America
  • Europe
  • Asia Pacific
  • Central & South America
  • Middle East & Africa

Access Press Release of Dried Apricots Market @ https://www.grandviewresearch.com/press-release/global-dried-apricots-market

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

For More Information:www.grandviewresearch.com

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