Raisins Market was valued at US$ 3673.3 Mn. in 2022, with a CAGR of 4.8% for the period 2023-2029.
Raisins Market Overview:
The Raisins Market report includes New recent developments, trade rules, import-export assessment, business model, value chain optimization, market share, the impact of domestic and localized market participants, evaluates opportunity in terms of emerging income pockets, shifts in market restrictions, tactical market growth analysis, sales volume, segment’s market growths, application niches and dominance, product approvals, product releases, geographic regions, etc..
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Raisins Market Scope:
A competitor’s information is provided in the highly competitive environment for the Raisins Market. The information includes a business overview, financials, revenue generated, market potential, research and development investment, new market efforts, geographical presence, firm advantages and disadvantages, product introduction, and application dominance. The information shown above is only related to the businesses’ focus on the Raisins industry.
Raisins Market Drivers:
Changes in eating habits caused by urbanization, as well as a desire for novel flavours, are expected to boost the global market’s growth. Hectic lifestyles and 24-hour workdays, combined with increased demand and preference for ready-to-eat foods, dried and frozen items, and healthy snack options, are gaining traction around the world. It also has the advantage of containing a variety of nutrients and flavours, as well as having a long shelf life. These are critical factors propelling the worldwide raisins sector forward.
The availability of raisins substitutes such as dried currants, prunes, dried cranberries, dried cherries, dried apricot, dried pineapple, and so on is predicted to limit revenue growth and demand for raisins in numerous food processing industries. These items can be finely minced to reduce them to raisin size and provide a new touch on the traditional flavour. Furthermore, government laws or requirements for import/export food goods are likely to stymie revenue growth in this target market.
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Raisins Market Segmentation:
by Nature
• Organic
• Conventional
by End-user
Food Industry
Food Service Providers
Households
by Type
Natural Seedless
Golden Seedless
Black Currant
Sultana
Muscat
Monukka
by Distribution Channel
Hypermarket/Supermarket
Convenience Stores
Online Stores
Other Distribution Channels
Raisins Market Key Players:
The major players covered in the Raisins Market report are
1. Sunbeam Foods Pty Ltd.
2. Dole Food Company, Inc.
3. Geobres Nemean Currants
4. Sultana Raisins S.A.
5. Bergin Fruit and Nut Company Inc.
6. Sun-Maid Growers of California
7. Kiantama Oy
8. Sunsweet Growers Inc.
9. Citadelle Maple Syrup Producers’ Cooperative
10. Decas Cranberry Products, Inc.
11. Traina Foods, Inc.
12. Lion Raisins Inc.
13. JAB Dried Fruit Products (Pty) Ltd.
14. Murray River Organics Ltd
15. Del Monte Foods, Inc.
16. National Raisin Company
17. Mariani Packing Company
18. Arimex
19. HBS Foods Ltd
20. Bob’s Red Mill Natural Foods
21. Newman’s Own
22. Others
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Regional Analysis:
The causes for the global Raisins Market’s rise, and the industry’s numerous users, are explored. Market participants, geographies, and special requirements all give data. This study proposal is ready for the market and offers a full evaluation of all important advancements that are now prevalent in all market sectors. Statistics, infographics, and demonstrations have been used to provide key data analysis.
COVID-19 Impact Analysis on Raisins Market:
The COVID-19 pandemic resulted in a severe and prolonged decline in production utilization, while travel bans and facility closures kept people away from their facilities, leading the Raisins Market to slow in 2020. The new research features COVID 19’s impact on the Raisins Market, as well as insights, analysis, estimations, and projections.
Key Questions Answered in the Raisins Market Report are:
- Which segment was responsible for the largest share in the Raisins market?
- How was the competitive scenario of the Raisins market in 2020?
- Which are the key factors responsible for the Raisins market growth?
- Which region held the maximum share in the Raisins market in 2020?
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