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Infused Dried Fruits Market to Reach Valuation of US$ 3.2 Bn by 2029
Infused Dried Fruits Market: Introduction
A recent study published by Transparency Market Research on the infused dried fruits market includes global industry analysis and opportunity assessment for 2019-2029. The global infused dried fruits market was valued at ~US$ 1,954 Mn in 2019. The market is projected to expand at a CAGR of ~5.1%, to reach ~US$ 3.2 Bn by 2029.
Increasing Use of Infused Dried Fruit Ingredients as Natural Sweeteners Fuel Growth
Infused dried fruit ingredients contain natural sugar that is inherently healthier. Growing health concerns among consumers are surely making them look for sugar alternatives. The use of infused dried fruit as a replacement for sugar is a growing trend. Fruit-based bars and snacks are becoming popular day by day. Innovative products that contain infused dried fruit ingredients are, therefore, welcomed by consumers.
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Increasing Popularity of Natural Energy Supplements among Athletes Bolsters Growth Prospects
Infused dried fruit ingredients such as raisins are high sources of energy and nutrients. Athletes and sportsmen are turning toward natural and chemical-free energy supplements, and infused dried fruit ingredients are among the most popular choices.
Raisins are used as high energy sources, and are also used in health tonic and high energy health supplements. Infused dried fruit ingredients are easy to carry, and have a longer life, thus are popular among mountaineers, campers, and backpackers as an instant energy source. Hence the several health benefits associated with the consumption of the infused dried fruit products triggers demand for the same.
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Increasing Preference for Gluten-Free Products Emerges as Chief Growth Driver
With changing lifestyles and eating habits, there is also an increase in the number of people suffering from gluten tolerance. Thus, there is continuous and increased demand for gluten-free products in the market. Several consumers are turning toward infused dried fruits ingredients as a substitute to gluten products, in order to complete their nutritional requirements. Gluten-free products are often added with infused dried fruit ingredients in order to add nutritional value as well as enhance the flavor.
Infused Dried Fruit Market Segmentation
Infused Dried Fruit Market by Fruit Type
- Raisins
- Apples
- Apricots
- Peaches
- Mangoes
- Papaya
- Strawberry
- Raspberry
- Blueberry
- Cranberries
- Cherry
- Sour Cherries
- Sweet Cherries
- Quince
- Others
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Infused Dried Fruit Market by Nature
- Organic
- Conventional
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Organic Wine Market – Global organic wine market revenuewas valued at ~US$ 11 Bn in 2020, which is expected to expand at a CAGR of ~10.8%, to reach ~US$ 30 Bn by 2030.
Nutrition Bars Market – The complete revenue generated from the global nutrition bars market is expected to stand at over US$ 1.2 Bn in 2020 that is estimated to expand at a CAGR of 4%, to cross US$ 1.8 Bn by 2030
About Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
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