Europe Raisins Market Key Players and Opportunities by 2027

The Raisins market in Europe is expected to grow from US$ 796.37 million in 2019 to US$ 1132.93 million by 2027; it is estimated to grow at a CAGR of 4.6% from 2020 to 2027.

Germany, France, UK, Italy, Russia, and Rest of Europe are the major economies in Europe. The rising application of raisins in food and beverage industry will surge its demand in the market. The interest in innovative bakery and confectionery products is escalating across the globe. Raisins are used as an ingredient for sugar replacement. Dried raisins are widely used in various food products to increase their flavor and nutritional value. Chocolate snacks, bakery products, fruit snacks, and many other products use raisins as important ingredients. Various food companies are using raisins in their products and are introducing several types of snacks and bakery products consisting of raisins. The bakery industry is a traditional user of dried grapes. Raisins are used as toppings in different bakery products, which add the raisins' essence and good flavor to the particular food product. With the rising flavor inspiration and increasing demand for healthy food ingredients in food products, food companies focus on incorporating healthy foods such as raisins in their final products. In the bakery sector, raisins are used in baked goods to improve their flavor and texture. Incorporating raisins in bakery food products imparts a tangy flavor to these products and enhances their nutritional value. During the last few decades, there has been a remarkable boom in the bakery sector, which directly results in the strengthened demand for raisins among manufacturers in this industry. According to CBI Europe (Centre for the Promotion of Imports from developing countries), dried grapes are mostly used as ingredients and less as a snack in Europe. Dried grapes are a traditional ingredient in confectionery and bakery products in Europe. Moreover, the number of novel products with raisins is increasing rapidly in the region. This includes fruit and nuts snack mixtures, fruit bars, and breakfast cereals. Furthermore, many manufacturers have increased the essence of customization in final products.

In Europe, Russia is the hardest-hit country by the coronavirus outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Russia recorded the highest number of coronavirus cases. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors the Europe Raisins market is expected to grow at a good CAGR during the forecast period.

Europe Raisins Market Revenue and Forecast to 2027 (US$ Mn)

Europe Raisins Market Segmentation

Europe Raisins Market – By Product Type

•   Natural Seedless

•   Golden Seedless

•   Black Currant

•   Sultana

•   Muscat

•   Monukka

Europe Raisins Market – By Nature

•   Organic

•   Conventional

Europe Raisins Market – By End User

•   Food Industry

•   Food Service Provider

•   Households

Europe Raisins Market – By Distribution Channel

•   Supermarkets and Hypermarkets

•   Convenience Store

•   Online

•   Others

Europe Raisins Market, by Country

• Germany
• France
• Italy
• UK
• Russia
• Rest of Europe

Europe Raisins Market-Companies Mentioned

•   Geobres
•   Akrodria
•   Lion Raisins
•   S & B Herbafoods (Sun- Maid)
•   Fruits of Turkey

Europe Raisins Report Scope