Dublin, Oct. 23, 2024 (GLOBE NEWSWIRE) – The latest report from Research and Markets, titled “Dried Berries Market Size, Share and Trends Analysis Report by Product, Application, Distribution Channel, and Region 2024-2030,” reveals that the global dried berries market is poised to expand significantly, with projections indicating a rise to USD 30.15 billion by 2030. This growth reflects a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030, driven primarily by increasing health consciousness and a consumer shift towards healthier food options.
Rising Demand for Organic Ingredients
The demand for dried berries is being bolstered by a growing preference for organic ingredients in personal care products. High-profile brands such as The Face Shop are incorporating blueberry extracts into their skincare lines, emphasizing the anti-aging properties associated with these dried fruits. This trend is reshaping standards within the cosmetics industry and, in turn, stimulating interest in dried berry products.
Expanding Use in Baby Foods and Desserts
Another significant driver of the dried berries market is the rising appeal of natural and non-toxic claims in food products, particularly baby foods and frozen desserts. Major manufacturers, including Nestle, Amul, Mother Dairy, PediaSure, and Naturals, are increasingly utilizing dried berries in their offerings. For example, Nestle’s Cerelac and Gerber Organic Puree highlight blueberries as a key ingredient, appealing to health-conscious parents.
Flourishing Bakery and Confectionery Segments
Europe is experiencing heightened demand for dried berries, particularly raisins and blueberries, which are increasingly used in baked goods, confectionery, and health bars. The market is witnessing substantial growth due to the rising acceptance of organic food products among the aging population and a shift towards healthier lifestyles. The bakery and confectionery segment is projected to grow at a CAGR of 5.5%, while the cereals and snack bars segment is expected to lead with a CAGR of 6.5% during the forecast period.
Asia Pacific: The Fastest Growing Region
The Asia Pacific region is emerging as a key growth area for the dried berries market, with countries such as India and China utilizing dried grapes (raisins) and gooseberries in ceremonial practices. South Korea and Japan are leveraging these products for aesthetic purposes. This region is anticipated to capture approximately 20.20% of the global market share by 2025.
Leading Companies in the Dried Berries Market
Key players in the dried berries market include:
- Dole
- Lion Raisins Inc.
- Bergin Fruit and Nut Company Inc.
- Del Monte Foods, Inc.
- Graceland Fruit
- Shoreline Fruit, LLC
- Royal Nut Company
- CAL-SAN Enterprises Ltd.
- Karen’s Naturals
As the diet snack segment of the food industry continues to expand, an understanding of evolving consumer preferences is crucial. Snack foods like cookies, chocolates, and savory snacks remain popular across age groups. Companies such as Haldiram’s, PepsiCo, Lays, and Cadbury dominate this space, with brands like Quaker combining oats, dried berries, nuts, and dark chocolate to create appealing diet bars for health-conscious consumers.
Market Insights and Future Outlook
The grapes segment was the largest revenue contributor in 2023, capturing a 32% share of the market. The bakery and confectionery sector followed closely, accounting for 32.6% of the revenue, driven by consumer demand for natural and organic ingredients.
In North America, dried berries claimed a 41.8% market share in 2023, fueled by shifts toward vegan lifestyles and a heightened awareness of health issues. The comprehensive report offers insights into market dynamics, competitive landscapes, and future trends.
Why Purchase This Report?
- In-Depth Market Analysis: Comprehensive insights into global market dynamics across various regions and segments.
- Competitive Landscape: Detailed examination of the market presence of leading players.
- Future Trends: Identification of key trends and drivers influencing the market.
- Strategic Recommendations: Actionable insights to help uncover new revenue opportunities.
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