Raisins Market Report Expects the Market Value of USD 2.0 BN By 2026
Posted On September 17, 2020
The Global Raisins Market is anticipated to grow at a compound annual growth rate ( CAGR ) of 5.50% during 2020-2026 while it was close to USD 1.4 BN in 2019. The market will outgrow to USD 2.0 BN by 2026 as per the research conducted by Value Market Research. The growing number of health-conscious consumers across the globe is the major contributing factor for this market's growth. The increased utilization of dried natural products in cooking, baking due to their medical advantages, great taste, and lack of additives will stimulate market growth. The rise in the global population's per capita income will increase the demand for raisins as a healthy snack among the senior and working community. Changing lifestyles, preferences, and consumption patterns of consumers will be a market booster. The key restraining factors affecting this market's performance are uncertain weather patterns and the availability of substitutes like prunes or dried cranberries.
Raisins, purple, yellow, or brown colored morsels are grapes dried for around three weeks. These morsels loaded with essential nutrients, minerals, and antioxidants are of different tastes, sizes, and colors based on the grapes used. Regular intake of raisins can help lower blood pressure, improve blood sugar control, aid digestion, boost iron levels, and keep our bones healthy. Eating them in moderation is recommended since they are high in sugar and calories. Raisins can be eaten raw, used salad topping, mixed into oatmeal, added to yogurt, granola, or cereals, and used while baking cookies, cakes, etc.
"Global Raisins Market Report By Product Type (Natural Seedless, Golden Seedless, Black Currant, Others), By Application (Food Industry, Food Service Providers, Households) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2019-2026" report begins with the market introduction, market snapshot followed by in-depth regional revenue/volume for the next six years. The geo-economic factors and historic raisins industry trends are analysed to foresee and predict the forecasts for next six years.
On the basis of product the market is segmented into Natural Seedless, Golden Seedless, Black Currant, Others. By application the raisins market is categorised as Food Industry, Food Service Providers, Households. The geographical segmentation of the report highlights the share of the revenue/volume spread globally as per region and country. The study in segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa regions.
The Report Segments Global Raisins Market -
- Natural Seedless
- Golden Seedless
- Black Currant
- Food Industry
- Food Service Providers
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Sunbeam Foods Pty Ltd., Dole Food Company, Inc., Geobres Nemean Currants, Sultana Raisinss S.A., Bergin Fruit and Nut Company Inc.
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