Market Overview:
The global dried apricots market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for healthy snacks and rising awareness about the health benefits of dried apricots. The global dried apricots market is segmented on the basis of type, application, and region. On the basis of type, it is divided into sulphured dried apricots, natural dried apricots, and organic dried apricots. Sulphured Dried Apricot dominates the global market with a share of more than 60%. This can be attributed to their intense orange color that makes them attractive for consumers.
Product Definition:
Dried apricots are a dried fruit that is typically orange or yellow in color. They are often used in cooking, as they have a sweet and tart flavor.
Sulphured Dried Apricots (Orange Color):
Sulphured Dried Apricots (Orange Color) is a type of dried apricot that has been sulfured to remove the sulfur dioxide. The dried fruits are used in various food products such as bakery, confectionery, dairy and non-dairy beverages, breakfast cereals among others.
Natural Dried Apricots (Dark Brown Color):
Natural dried apricots (Dark Brown Color) is a fruit that is dried without using any artificial heat. It has high nutritional value and it contains various vitamins, minerals, fiber and proteins. The natural dried apricots are widely used in the food industry as an ingredient for making various types of confectioneries such as chocolates, biscuits, cakes & pastries among others.
Application Insights:
Edible application segment accounted for the largest share of more than 70.0% in 2017. The dried fruits are used as a food ingredient and in various confectionery products such as chocolates, pastries, cakes, fruit snacks & cereals. Increasing demand for medicinal and nutritional supplements is expected to drive the product demand over the forecast period.
The other applications include animal feed supplement which was valued at USD 22 million in 2017 owing to high protein content found in apricot seeds that are rich source of essential amino acids required by animals for growth promotion and maintenance purposes.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand for dried fruits from countries, such as Turkey and Russia. The region is expected to dominate the global industry over the forecast period. High consumption of apricots in bakery products, confectionaries, and other sweet dishes is one of the major factors driving product demand in this region. Moreover, increasing health awareness among consumers has resulted in an increased adoption of nutritious food products; which will further propel market growth over the coming years.
Asia Pacific is projected to be one of fastest-growing regional markets at a CAGR exceeding 5% during the forecast period on account of rising population coupled with growing disposable income levels especially in China and India.
Growth Factors:
- Increasing demand for healthy snacks: The global dried apricots market is expected to benefit from the increasing demand for healthy snacks. This is because dried apricots are a good source of dietary fiber, potassium, vitamin A and vitamin C.
- Rising awareness about the health benefits of dried apricots: There has been a rise in the awareness about the health benefits of consuming dried apricots among consumers in recent years. This is likely to boost demand for this product in the coming years.
- Growing popularity of snacking culture: The growing popularity of snacking culture across the globe is another key factor that is expected to drive growth of the global dried apricots market in future. Dried fruits are considered as an ideal snack due to their nutritional value and convenience offered by them.
- rising disposable income levels: Rising disposable income levels among consumers across regions are anticipated to spur growth ofthe globaldriedapricotmarketin future owingto increased purchasing powerof these individuals .This would encourage themto indulge inconsumptionsuchhealthyproductsasdriedapricotsmore often than before .
Scope Of The Report
Report Attributes
Report Details
Report Title
Dried Apricots Market Research Report
By Type
Sulphured Dried Apricots (Orange Color), Natural Dried Apricots (Dark Brown Color), Organic Dried Apricots (Dark Brown Color)
By Application
Edible Application, Medicinal Application, Other Applications
By Companies
Malatya Apricot, Chitree, Royal Rifco, The Raw Chocolate, Hebei Longwangmao, Shanxi Bailaoda, Hebei Yongdeheng, Swanson
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Dried Apricots Market Report Segments:
The global Dried Apricots market is segmented on the basis of:
Types
Sulphured Dried Apricots (Orange Color), Natural Dried Apricots (Dark Brown Color), Organic Dried Apricots (Dark Brown Color)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Edible Application, Medicinal Application, Other Applications
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Malatya Apricot
- Chitree
- Royal Rifco
- The Raw Chocolate
- Hebei Longwangmao
- Shanxi Bailaoda
- Hebei Yongdeheng
- Swanson
Highlights of The Dried Apricots Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Sulphured Dried Apricots (Orange Color)
- Natural Dried Apricots (Dark Brown Color)
- Organic Dried Apricots (Dark Brown Color)
- By Application:
- Edible Application
- Medicinal Application
- Other Applications
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Dried Apricots Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Dried apricots are a type of dried fruit that is made from apricots that have been dried.
Some of the key players operating in the dried apricots market are Malatya Apricot, Chitree, Royal Rifco, The Raw Chocolate, Hebei Longwangmao, Shanxi Bailaoda, Hebei Yongdeheng, Swanson.
The dried apricots market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Dried Apricots Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Dried Apricots Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Dried Apricots Market - Supply Chain
4.5. Global Dried Apricots Market Forecast
4.5.1. Dried Apricots Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Dried Apricots Market Size (000 Units) and Y-o-Y Growth
4.5.3. Dried Apricots Market Absolute $ Opportunity
5. Global Dried Apricots Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Dried Apricots Market Size and Volume Forecast by Type
5.3.1. Sulphured Dried Apricots (Orange Color)
5.3.2. Natural Dried Apricots (Dark Brown Color)
5.3.3. Organic Dried Apricots (Dark Brown Color)
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Dried Apricots Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Dried Apricots Market Size and Volume Forecast by Application
6.3.1. Edible Application
6.3.2. Medicinal Application
6.3.3. Other Applications
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Dried Apricots Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Dried Apricots Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Dried Apricots Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Dried Apricots Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Dried Apricots Demand Share Forecast, 2019-2026
9. North America Dried Apricots Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Dried Apricots Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Dried Apricots Market Size and Volume Forecast by Application
9.4.1. Edible Application
9.4.2. Medicinal Application
9.4.3. Other Applications
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Dried Apricots Market Size and Volume Forecast by Type
9.7.1. Sulphured Dried Apricots (Orange Color)
9.7.2. Natural Dried Apricots (Dark Brown Color)
9.7.3. Organic Dried Apricots (Dark Brown Color)
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Dried Apricots Demand Share Forecast, 2019-2026
10. Latin America Dried Apricots Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Dried Apricots Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Dried Apricots Market Size and Volume Forecast by Application
10.4.1. Edible Application
10.4.2. Medicinal Application
10.4.3. Other Applications
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Dried Apricots Market Size and Volume Forecast by Type
10.7.1. Sulphured Dried Apricots (Orange Color)
10.7.2. Natural Dried Apricots (Dark Brown Color)
10.7.3. Organic Dried Apricots (Dark Brown Color)
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Dried Apricots Demand Share Forecast, 2019-2026
11. Europe Dried Apricots Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Dried Apricots Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Dried Apricots Market Size and Volume Forecast by Application
11.4.1. Edible Application
11.4.2. Medicinal Application
11.4.3. Other Applications
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Dried Apricots Market Size and Volume Forecast by Type
11.7.1. Sulphured Dried Apricots (Orange Color)
11.7.2. Natural Dried Apricots (Dark Brown Color)
11.7.3. Organic Dried Apricots (Dark Brown Color)
11.8. Basis Point Shre (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Dried Apricots Demand Share, 2019-2026
12. Asia Pacific Dried Apricots Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Dried Apricots Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Dried Apricots Market Size and Volume Forecast by Application
12.4.1. Edible Application
12.4.2. Medicinal Application
12.4.3. Other Applications
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Dried Apricots Market Size and Volume Forecast by Type
12.7.1. Sulphured Dried Apricots (Orange Color)
12.7.2. Natural Dried Apricots (Dark Brown Color)
12.7.3. Organic Dried Apricots (Dark Brown Color)
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Dried Apricots Demand Share, 2019-2026
13. Middle East & Africa Dried Apricots Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Dried Apricots Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Dried Apricots Market Size and Volume Forecast by Application
13.4.1. Edible Application
13.4.2. Medicinal Application
13.4.3. Other Applications
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Dried Apricots Market Size and Volume Forecast by Type
13.7.1. Sulphured Dried Apricots (Orange Color)
13.7.2. Natural Dried Apricots (Dark Brown Color)
13.7.3. Organic Dried Apricots (Dark Brown Color)
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Dried Apricots Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Dried Apricots Market: Market Share Analysis
14.2. Dried Apricots Distributors and Customers
14.3. Dried Apricots Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Malatya Apricot
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Chitree
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Royal Rifco
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. The Raw Chocolate
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hebei Longwangmao
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shanxi Bailaoda
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Hebei Yongdeheng
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Swanson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
