Market Overview:
The global dried fruit extracts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for healthy food and beverages, rising awareness about the benefits of using dried fruit extracts in cosmetics and skin care products, and growing demand from emerging markets such as Asia Pacific and Middle East & Africa. On the basis of type, raisins extracts are expected to account for a major share of the global dried fruit extracts market in 2018. This can be attributed to their high nutritional value as well as their widespread use in food applications. Dates extract is also expected to witness significant growth during the forecast period owing to its numerous health benefits such as improved digestion, weight loss, and better blood sugar control. On the basis of application, food applications are expected to account for a major share of the global dried fruit extracts market in 2018. This can be attributed to rising consumer demand for healthy snacks with high nutritional value.
Product Definition:
Dried Fruit Extracts are the extracts of dried fruits. These extracts are used for the preparation of various food items and beverages. The importance of these extracts lies in their nutritional value. They are a good source of dietary fiber, vitamins, minerals, and other phytonutrients.
Raisins Extracts:
Raisins extracts are the concentrated juice of grapes and are used as natural food colorants, flavoring agents, preservatives, sweeteners and nutritional supplements. The extraction process involves maceration (drying) of grapes for a longer duration to extract their content such as sugar (for making grape sugar), which is then processed to make raisins.
Dates Extracts:
Dates extracts is a concentrated fruit extract, obtained from the dates palm tree. It contains various minerals and vitamins like iron, calcium magnesium potassium sulfur amino acids and carotene. The main function of this product is to provide sweetening flavor to food products. This extract has no color and taste on account of absence of fiber in it.
Application Insights:
The global dried fruit extracts market has been segmented on the basis of application into food, beverages, cosmetics and skin care products. The food application segment held the largest share in 2017. This is attributed to growing demand for various types of jams and jellies made using fruits such as dates, apricots and raisins among others. Furthermore, increasing consumption of functional foods owing to their health benefits is expected to drive growth over the forecast period.
Dates are one of the most popular fruits consumed throughout the world especially in Middle East countries like Saudi Arabia where they are considered as a rich source of nutrition due to high amount nutritional value including fiber content per 100 gms date which comprises manganese (Mn) & calcium (Ca).
Regional Analysis:
North America was the largest regional market in 2017 owing to high consumption of dried fruits and its extracts. The U.S., being a major consumer, has a well-established industry chain with numerous manufacturers and suppliers. Asia Pacific is expected to be the fastest-growing regional market from 2018 to 2030 due to increasing health consciousness among consumers coupled with rising disposable income levels in developing countries such as China, India, Thailand, Indonesia, Philippines and Bangladesh. Furthermore, growing food processing industries will drive the global demand for dried fruit extracts over the forecast period.
Europe is also anticipated to witness significant growth over the coming years owing both primarily but especially rapidly expanding food & beverage sector secondarily which will lead towards an increased demand for apricot kernel oil extract particularly in beverages such as smoothies.
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the dried fruit extracts market.
- The growing popularity of functional foods is also propelling the demand for dried fruit extracts.
- Rising awareness about the health benefits of consuming dried fruits is fueling the growth of this market.
- The increasing use of dried fruit extracts in food and beverage applications is contributing to its growth in this market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Dried Fruit Extracts Market Research Report
By Type
Raisins Extracts, Dates Extracts, Apricot Extracts, Aloe Extracts, Others
By Application
Food, Beverages, Cosmetics, Skin Care Products
By Companies
Monk Fruit Corp., Archer Daniels Midland, Van Drunen Farms, Sweet Dried Fruit, Inc., Graceland Fruit, Inc., Nikken International, Inc.
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
138
Number of Tables & Figures
97
Customization Available
Yes, the report can be customized as per your need.
Global Dried Fruit Extracts Market Report Segments:
The global Dried Fruit Extracts market is segmented on the basis of:
Types
Raisins Extracts, Dates Extracts, Apricot Extracts, Aloe Extracts, Others
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
Food, Beverages, Cosmetics, Skin Care Products
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:
- Monk Fruit Corp.
- Archer Daniels Midland
- Van Drunen Farms
- Sweet Dried Fruit, Inc.
- Graceland Fruit, Inc.
- Nikken International, Inc.
Highlights of The Dried Fruit Extracts 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:
- Raisins Extracts
- Dates Extracts
- Apricot Extracts
- Aloe Extracts
- Others
- By Application:
- Food
- Beverages
- Cosmetics
- Skin Care Products
- 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 Fruit Extracts 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.
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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 fruit extracts are a concentrated form of the natural sugars and other nutrients found in fresh fruit. They are used as a sweetener, flavor enhancer, and colorant in food products.
Some of the major players in the dried fruit extracts market are Monk Fruit Corp., Archer Daniels Midland, Van Drunen Farms, Sweet Dried Fruit, Inc., Graceland Fruit, Inc., Nikken International, Inc..
The dried fruit extracts market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Dried Fruit Extracts Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Dried Fruit Extracts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Dried Fruit Extracts Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Dried Fruit Extracts Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Dried Fruit Extracts Market Size & Forecast, 2020-2028
4.5.1 Dried Fruit Extracts Market Size and Y-o-Y Growth
4.5.2 Dried Fruit Extracts Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Raisins Extracts
5.2.2 Dates Extracts
5.2.3 Apricot Extracts
5.2.4 Aloe Extracts
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Food
6.2.2 Beverages
6.2.3 Cosmetics
6.2.4 Skin Care Products
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Dried Fruit Extracts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Dried Fruit Extracts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Raisins Extracts
9.6.2 Dates Extracts
9.6.3 Apricot Extracts
9.6.4 Aloe Extracts
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Food
9.10.2 Beverages
9.10.3 Cosmetics
9.10.4 Skin Care Products
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Raisins Extracts
10.6.2 Dates Extracts
10.6.3 Apricot Extracts
10.6.4 Aloe Extracts
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Food
10.10.2 Beverages
10.10.3 Cosmetics
10.10.4 Skin Care Products
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Raisins Extracts
11.6.2 Dates Extracts
11.6.3 Apricot Extracts
11.6.4 Aloe Extracts
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Food
11.10.2 Beverages
11.10.3 Cosmetics
11.10.4 Skin Care Products
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Raisins Extracts
12.6.2 Dates Extracts
12.6.3 Apricot Extracts
12.6.4 Aloe Extracts
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Food
12.10.2 Beverages
12.10.3 Cosmetics
12.10.4 Skin Care Products
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Raisins Extracts
13.6.2 Dates Extracts
13.6.3 Apricot Extracts
13.6.4 Aloe Extracts
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Food
13.10.2 Beverages
13.10.3 Cosmetics
13.10.4 Skin Care Products
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Dried Fruit Extracts Market: Competitive Dashboard
14.2 Global Dried Fruit Extracts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Monk Fruit Corp.
14.3.2 Archer Daniels Midland
14.3.3 Van Drunen Farms
14.3.4 Sweet Dried Fruit, Inc.
14.3.5 Graceland Fruit, Inc.
14.3.6 Nikken International, Inc.
