Dried Grapes Market Forecasts to 2028 - Global Analysis By Type (Raisins, Sultanas and Currants), Packaging Capacity (Bagged and Canned), Application (Household and Commercial) and By Geography

According to Stratistics MRC, the Global Dried Grapes Market is growing at a CAGR of 7.5% during the forecast period. The dried fruit known as dried grapes is made from whole or crushed grapes. They can be consumed raw, added to dishes, trail mixes, or other snacks. They can be added to food or used to decorate. A raisin is a dried grape. Raisins are grown all over the world and can be consumed raw or used in baking, cooking, and brewing. The types of raisins vary depending on the grape and come in a range of shapes and hues, including green, black, brown, purple, blue, and yellow. Sultana, Zante currants, and Flame grapes are examples of seedless varieties. Raisins are typically dried by the sun, but they can also be dehydrated in a lab. Increased interest in dried grapes as a healthy snack and rising demand for them are credited with driving market expansion.

According to the International Organization of Viticulture and Oenology (IOVE), the world's vineyard area has stabilized at 9.5-10.0 million hectares, and grape production has consistently increased to 60-70 million metric tons per year in recent years.

Market Dynamics:

Driver:

Increasing import demand from international markets

Dried grape imports from different nations have been rising annually. The United Kingdom, Germany, India, the Netherlands, Japan, Canada, France, China, and Brazil are the top importers of dried grapes. Most dried grapes are imported from the United Kingdom. A whopping 12% of all imports come from this one nation. 9.5%, 6.9%, 6.5%, and 6% of all imported dried grapes are brought in by Germany, India, the Netherlands, and Japan, respectively.This is mainly because dried grapes are so widely consumed, either straight up or in various dishes.. The primary factor influencing the import of dried grapes is the shift in consumer preferences, which is accompanied by the fruits' positive health effects.

Restraint:

Excess consumption may damage digestive health

Due to their high fiber content, raisins maintain good digestive health. Even so, consuming too much dietary fiber can harm your digestive system and hinder your body's ability to absorb other nutrients. Dietary fibers can treat diarrhea by absorbing extra fluid from the body. However, consuming large amounts of them without drinking a lot of water can lead to dehydration, indigestion, and other stomach problems. As a result, it might limit the dried grapes market growth.

Opportunity:

Rising consumption due to health benefits

Raisins defend your skin from the inside out by shielding the cells from harm, unlike topical creams. Phenol is found in raisins. Antioxidant phenol shields collagen and elastin from free radical damage, delaying the onset of wrinkles, fine lines, and other aging symptoms like skin spots and wrinkles. Raisins contain antioxidants that make the skin more radiant, help it heal more quickly, and shield it from harm. Resveratrol, which is present in raisins, purifies the blood by removing toxic cells. Additionally, it boosts the body's ability to produce red blood cells, which results in clear, supple skin. Such health benefits are leading to increased consumption of grapes where it is propelling the market growth.

Threat:

Causes allergic reactions and other certain diseases

If consumed in excess, raisins made from dried grapes can be harmful. Consequently, practice moderation when consuming it. Raisins can cause diarrhea if consumed in excess. They interact with the free radicals, and then begin reacting with the healthy cells around them and induces oxidative damage to the healthy cells. Additionally, yellow raisins that have been dried with sulfur which might cause allergies in some people.

COVID-19 Impact:

The supply chain for dried grapes has undergone significant changes as a result of the COVID-19 pandemic, and consumer behavior is changing as well. To stay competitive, business players must be more vigilant and forward-thinking. Due to the fact that COVID's economic and social effects vary greatly between nations, players in the grape market are currently developing country-specific strategies. However, it is anticipated that the market will expand as a result of the lifting of lockdowns in a number of nations, which will increase market demand due to their various health advantages.

The commercial segment is expected to be the largest during the forecast period

More than 70% of the global market for dried grapes is used for commercial purposes, and this segment is anticipated to witness the largest market share over the coming years. The ingredient is commonly found in dairy, confectionery, bakery, processed meat, and other products. The general industry growth over the past few years has also been fueled by consumers' growing awareness of the health benefits associated with these fruits.

The canned segment is expected to have the highest CAGR during the forecast period

The canned segment is anticipated to witness lucrative growth during the forecast period. Foods are processed in an airtight container as part of the preservation process known as canning to extend their shelf life. Originally created for use with meat and fish, the product is now used on a variety of foods, including dried grapes. Due to its long shelf life, portability, convenience, and ease of preparation, canned food is in high demand among consumers.

Region with largest share:

Dried grapes are the most popular dried fruit on the European market, accounting for 40% of all dried fruit imports, making the European Union the largest importer of dried grapes in the world, with a market share of more than 50% of global imports, making it the region with the largest market share over the prediction period. Dried grape imports to Europe total about 70%, with developing nations accounting for the majority of those imports. Additionally, industry growth is anticipated to be fueled in the upcoming years by the rising demand for healthy snacks.

Region with highest CAGR:

The two countries that consume the most dried grapes in the Asia-Pacific region are India and China. Due to this, the Asia-Pacific region is expected to register the highest growth rate during the forecast period. In India, the average annual consumption of dried grapes was 124.03 thousand metric tons in 2015, with a per capita consumption of about 0.1 kilogram in 2017. This has increased by 8.2% since 2015, reaching 134.24 thousand metric tons in 2017. Roughly 22.5% of the nation's total production of grapes is dried into raisins. Since domestic production within the state is unable to meet the demand for dried grapes, the nation is dependent on imports. Throughout the forecast period, consumption is anticipated to increase even more in the Asia-Pacific region.

Key players in the market:

Some of the key players profiled in the Dried Grapes Market: Aarav Agro Industries, Angas Park, Australian Premium Dried Fruits, Del Monte Pacific Ltd., Dole Packaged Foods LLC, Graceland Fruit, HBS Foods Ltd., Mariana Co, Murray River Organics, River Ranch Sales Ltd., Sun Maid Growers of California, Sun Valley Raisins, Sunbeam Foods, Sunsweet Growers, Tabletop Grapes, Three Squirrel, Traina Dried Fruit Inc. and TRV Cashews.

Key Developments:

In January 2022, Angas Park Co, owned by Sunbeam, is redeveloping its apricot orchard in South Australia's Riverland with newer, higher-yielding varieties and increasing its intake from growers. Angas Park is redeveloping 40 hectares of apricot orchard in the Riverland.

In January 2022, Dole South Africa, a subsidiary of Dole plc, and Allesbeste Group today announced the formation of a new partnership agreement in Letaba Pakkers - previously known as Afrupro Packers in Tzaneen - a region renowned for the production and export of exceptional Avocados, Litchis and Mangoes from South Africa.

Types Covered:

• Raisins
• Sultanas
• Currants

Packaging's Covered:

• Bagged
• Canned

Applications Covered:

• Household
• Commercial

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

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• Market share assessments for the regional and country-level segments
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• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
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• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

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