The global dried berries market size is expected to
reach USD 44.12 billion by 2025, according to a new report. It is projected
expand at a CAGR of 5.8% during the forecast period. Rising health concerns and
inclination of people towards healthy food are the key factors driving the
growth.
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Dried berries are the desiccated form of the
original fruit, which have been drained through natural or artificial sources
to increase the shelf-life of the berries. Many of these dried berries like
blueberries and grapes are considered to be superfoods as they are rich in
antioxidants, vitamin C, vitamin K, iron, potassium, and soluble dietary
fibers. Dried berries are often consumed as nutritional supplements and are
also used in personal care products, to treat various hair and skin related
problems including aging, acne, and hair thinning among others. For instance,
acai berries are rich in zinc which helps strengthen hair and they also have
anti-inflammatory properties that help treat acne infection.
Rise in preference for organic ingredients, such as
strawberries, blackberries, and blueberries in personal care products appears
to have set new standards in the cosmetic industry thereby fueling the demand
for dried berries. For instance, The Face Shop uses blueberry extracts to
manufacture a variety of skincare products focusing on anti-aging properties of
the dried fruit.
A key trend that has imparted a robust momentum to
dried berries market is the growing appeal of natural and non-toxic claims made
by increasing production of baby food and frozen desserts by the manufacturers
like Amul, Mother Dairy, PediaSure, Naturals, and Nestle in various developing
countries. For instance, Nestle manufactures Cerelac, a baby food product
available in multiple flavors. Gerber Organic Puree baby food, is another
Nestle product made using blueberry as its main ingredient.
Inflating demand for dried berries, especially for
raisins and blueberries from Europe, can be attributed to increasing use in
baked food, confectionery, and cereal and health bars categories. Over the past
few years, growing acceptance of organic food products, especially among aging
population, coupled with changing lifestyle of consumers due to increasing
awareness about health needs has led to a substantial growth of the market.
Bakery and confectionery segment is anticipated to expand at a CAGR of 5.5%
over the forecast period. Cereals and snack bars segment, on the other hand, is
projected to register the fastest CAGR of 6.5% during the forecast period.
Asia Pacific is anticipated to offer abundant growth
prospects in near future thus, is expected to be the fastest growing region in
dried berries market. Countries such as India and China use dried grapes or
raisins and gooseberries for ceremonial purposes whereas South Korea and Japan
are known to use such products aesthetically; hence the region is expected to
represent nearly 20.20% of the global market share by 2025.
Dole; Lion Raisins Inc.; Bergin Fruit and Nut
Company Inc.; Del Monte Foods, Inc.; Graceland Fruit; Shoreline Fruit, LLC;
Royal Nut Company; CAL-SAN Enterprises Ltd.; and Karen's Naturals are a few to
name in this market. Diet snack is a rapidly growing segment of the food
industry. Nowadays, consistent growth requires a complete understanding of the
constantly evolving consumption trends.
Snack foods such as cookies, chocolates, savory
snacks, and biscuits are popular among consumers of all age groups. Companies
such as Haldiram's, PepsiCo, Lays, and Cadbury have a large market penetration
compared to others in snack food industry. For instance Quaker uses oats along
with dried berries, nuts, and dark chocolate to process diet bars for health
conscious consumers. Apart from this, Haldiram's uses raisins to prepare
Khatta-Meetha namkeen which is a popular savory snack in India.
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Further
key findings from the report suggest:
• In terms of region, North America is projected to
generate USD 13.92 billion in terms of revenue by 2025
• The other product type held 13.28% of the total
market share in 2018 and is projected to exhibit a slight increase over the
next few years
• Asia Pacific is anticipated to witness the fastest
CAGR of 6.7% during the forecast period
• Countries like U.S., U.K., and Germany have
showcased increasing usage of dried berries for manufacturing different food
products, owing to rising awareness regarding the health benefits of dried
berries
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Michelle Thoras
201 Spear Street 1100,
Suite 3036, San Francisco,
CA 94105, United States
Tel: 1-415-349-0054
Toll Free: 1-888-928-9744
Mail: sales@radiantinsights.com
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