The market for dried fruit extracts worldwide generated US$ 8.9 billion in revenue in 2022, and by the end of 2032, it is expected to have grown to US$ 15.8 billion in market value. From 2022 to 2032, the demand for dried fruit extracts is expected to grow at a CAGR of 5.9%.
With more brand alternatives, simple product accessibility, and handy purchase possibilities, online retail channels are flourishing. Over the next few years, manufacturers of dried fruit extract are expected to see an increase in sales as a result of marketing to health-conscious consumers.
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The study also focuses on how the market for Dried Fruit Extracts is expected to change over the forecast period of 2022 to 2028.
The experts go in-depth on the challenges and dangers facing the Dried Fruit Extracts market. This makes the stakeholder aware of the circumstance and enables him or her to plan and act appropriately.
Key Companies Profiled
- Kanegrade
- Döhler
- Weedsies
- Archer Daniels Midland
- Monik Fruit Group
- Graceland Fruit
- Sweet Dried Fruit
- Nikken Foods
- Van Drunen Farms
- Plant lipids
- Vigon International
- Ingredients Online
- Wego Chemical Group
- Jedwards International
- Zilka & Co.
- Aldon Corporations
Observe trends
The fact. mr researchers conduct in-depth analysis on all market trends related to Dried Fruit Extracts. To help the stakeholders comprehend them and make informed decisions, these findings are included and updated frequently in the report.
With a 24.1% market share, Europe is the market leader for dried fruit extracts worldwide. The demand for dried fruits is being driven by the working population’s groing preference for packaged and prepared foods.
On the global market for dried fruit extracts, North America holds a 21.2% market share. Dried fruit extracts are produced and consumed primarily in North America. Due to the growing body of research demonstrating the numerous health benefits of dried fruit extracts, including the management of weight and illness prevention, dried fruit extracts are in high demand in the region.
Covid-19 impact
The covid-19 outbreak has created havoc across the world. Various businesses have suffered tremendous losses. The pandemic has changed the dynamics of every sector drastically.
The researchers have also made a compared study of various factors according to the pre-corona era and post-corona era.
Some of the important questions covered in this study are as follows:
What are the prominent growth factors that will harness growth for the Dried Fruit Extracts market during the forecast period?
Which end-use industry will garner considerable growth for the Dried Fruit Extracts market?
Which region will emerge as a champion growth-contributor during the assessment period?
What are the obstacles surrounding the market?
Key Segments Covered in Dried Fruit Extracts Industry Research
- Dried Fruit Extracts Market by Nature :
- Conventional Dried Fruit Extracts
- Organic Dried Fruit Extracts
- Dried Fruit Extracts Market by Form :
- Powder Dried Fruit Extracts
- Liquid Dried Fruit Extracts
- Dried Fruit Extracts Market by End User :
- Food
- Cosmetics
- Pharmaceuticals
- Household
- Dried Fruit Extracts Market by Distribution Channel :
- Direct
- Indirect
- Supermarkets
- Online Retails
- Departmental Stores
- Convenience Stores
- Specialty Stores
- Dried Fruit Extracts Market by Region :
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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