The
Raisins market in North America is expected to grow from US$ 533.77 million in 2019 to US$ 778.69 million by 2027; it is estimated to grow at a CAGR of 4.9% from 2020 to 2027.
US, Canada, and Mexico are the major economies in North America. The rising awareness among the consumers regarding the health benefits of raisins will surge its demand in the market. Raisins are dried grapes, and their nutritional content will be similar to that of grapes. Both grapes and raisins are good sources of certain antioxidants; however, raisins contain higher levels than grapes due to the drying process, preserving the antioxidants. Nowadays, consumers are aware of the health benefits offered by raisins. The rising incidence of lifestyle and chronic diseases forces the consumers to include nutrient-rich raisins n their diet. According to the Journal of Nutritional Health, raisins have a significant amount of antioxidant levels and phenol content compared to other popular dried fruits. Raisins are rich in antioxidants such as flavonol glycosides and phenolic acids, and they have a high ORAC value. ORAC stands for oxygen radical absorbance capacity and reflects the antioxidant value of a food. Further, the consumption of raisins helps with digestion. Raisins contain an ample amount of fibers, which swell in the presence of water. It provides a laxative effect on the stomach and aids in relieving constipation. Also, the daily consumption of raisins keeps the bowel movement regular, and the fibers help keep waste products and toxins out of the system. Besides, raisins contain a substantial amount of magnesium and potassium. These minerals help eliminate acidity and help remove the toxins from the system, thereby preventing diseases like gout, arthritis, kidney stones, and heart diseases.
The U.S has the highest number of confirmed cases of COVID-19, as, compared to Canada and Mexico. This is likely to impact the rail and air transport in the region as, due to the COVID-19 outbreak, the supply and distribution chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact raisins market growth.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. Considering these factors the North America cut flower market is expected to grow at a good CAGR during the forecast period.
North America Cut Flower Market Revenue and Forecast to 2027 (US$ Mn)
North America Cut Flower Market Segmentation
North America Raisins Market – By Product Type
• Natural Seedless• Golden Seedless• Black Currant• Sultana• Muscat• MonukkaNorth America Raisins Market – By Nature
• Organic• ConventionalNorth America Raisins Market – By End User
• Food Industry• Food Service Provider• HouseholdsNorth America Raisins Market – By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Store
- Online
- Others
North America Raisins Market, by Country
- US
- Canada
- Mexico
North America Raisins Market-Companies Mentioned
- Geobres.
- Lion Raisins
- Red River Foods
- Traina Foods
- Sunsweet
- Fruits of Turkey
North America Raisins Report Scope
Report Attribute | Details |
---|---|
Market size in 2019 | US$ 533.77 Million |
Market Size by 2027 | US$ 778.69 Million |
Global CAGR (2020 - 2027) | 4.9% |
Historical Data | 2017-2018 |
Forecast period | 2020-2027 |
Segments Covered |
By Product Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Recent Reports
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Reason to Buy
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- Understanding Market Dynamics
- Competitive Analysis
- Identifying Emerging Markets
- Customer Insights
- Market Forecasts
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