Dried Apricots Market Analysis, Development, and Forecast by 2031

MARKET INTRODUCTION

Dried apricots are prepared by dehydrating fresh apricots naturally or by using food dehydrators. Apricot is a sweet-tasting fruit which is rich in nutrients, fiber and carbohydrates. Similarly, dried apricots have high content of Vitamin A, C, K, and B complex, minerals and essential phytochemicals with increased shelf life. Dried apricots are a rich source of iron which make them advantageous for the treatment of anemia. They also contain pectin and dietary fibers, which helps in reducing cholesterol level. Daily intake of dry apricots in any form helps to increase hemoglobin level in the body. In addition, it is used to treat diabetes, Gastro esophageal Reflux Disease (GERD) and prostate cancer. Diverse nutritional benefits of dry apricots have raised their consumption of dry apricots in recent years. They are used as snack or in bakery or confectionery products. In addition, it is also used while preparing smoothies and other fruit-based drinks as a flavoring ingredient. The increasing use of dried apricots in various applications especially in food is expected to trigger the market growth during the forecast period.

MARKET DYNAMICS

The global dried apricots market is growing at a significant pace owing to driving factors such as growing health consciousness and consumption of healthy food & beverages among global consumers. Busy and hectic lifestyle of people is restricting them to maintain a proper diet which results into high consumption of food products offering several nutritional benefits. Dried apricots are among the popular nut snacks prefferred by consumer due to its sweet taste and low glycemic index. They provide nutrition that are essential for healthy body and helps to fight many diseases. Also, increasing disposable income has enabled consumers to spend more on healthy food options such as dry fruits. All these factors are supporting the growth of dried apriocts market.The growing demand from consumer has encouraged manufacturers to include dried apricots in number of food products such as breakfast cereals, cookies, biscuits, pastry, jellies, chocolates, snack bars, muffins, scones and others. Wide applications of dried apricots in food and beverage industry has also boosted the sales of dried apricots in recent years. However, high prices and the use of additives in these dried apricots may hinder the market. Nonetheless being a rich source of vitamin C, dry apricots find vast application in cosmetics and skin care products. Consumers use dried apricots for homemade skin treatments such as scrubs, face mask and face washes as anti-wrinkle treatment, skin nourishment, and anti-acne treatment. Introduction of advanced skin care products with dried apricot as the major ingredient is anticipated to provide additional growth opportunities to this market in the future.

MARKET SCOPE

The "Global Dried Apricots Market Analysis to 2031" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the dried apricots market with detailed market segmentation by drying technolgies, nature, distribution channel and geography. The global dried apricots market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading dried apricots market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global dried apricots market is segmented on the basis of drying technolgies, nature and distribution channel. On the basis of drying technologies, the dried apricots market is segmented into sun dried, food dehydrator, microwave , oven and others. On the basis of nature, the market is bifurcated into inorganic and organic. By distribution channel the dried apricots market is segmented into direct to consumer/retail channel and B2B channel. Direct to consumer/retail channel is further segmented into hypermarkets & supermarkets, convenience stores, online and other retail channels suh as grovery shops and health stores. B2B Channel is again bifurcated into food services and CPG.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global dried apricots market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The dried apricots market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the dried apricots market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the dried apricots market in these regions.

MARKET PLAYERS

The reports cover key developments in the dried apricots market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from dried apricots market are anticipated to lucrative growth opportunities in the future with the rising demand for guarana in the global market. Below mentioned is the list of few companies engaged in the dried apricots market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the dried apricots market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•  King Apricot
•  Chi Tree
•  Bata Food
•  Kenko Corporation
•  National Raisin Company
•  Dag Food
•  Quirkeycots
•  Anatolia A.-
•  Ziba Foods
•  Kayisicioglu Apricot

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Dried Apricots Report Scope