North America Raisins Market to Grow at a CAGR of 4.9% to reach US$ 778.69 Million from 2020 to 2027

North America Raisins Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Natural Seedless, Golden Seedless, Black Currant, Sultana, Muscat, and Monukka), Nature (Organic and Conventional), End User (Food Industry, Food Service Provider, and Households), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Store, Online, and Others

  • Report Code : TIPRE00016314
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 75
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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•   Monukka

North America Raisins Market – By Nature

•   Organic•   Conventional

North America Raisins Market – By End User

•   Food Industry•   Food Service Provider•   Households

North 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
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Product Type, Nature, End User, and Distribution Channel (Supermarkets and Hypermarkets, Convenience Store, Online, and Others

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

US, Canada

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Raisins Market Segmentation

2. Key Takeaways

2.1.1 North America Raisins Market Overview

2.1.2 Sultana Raisins Segment Held Largest Share of North America Raisins Market

2.1.3 US Held Largest Share of North America Raisins Market

2.1.4 North America Raisins Market, Industry Landscape

3. Research Methodology

3.1 Scope of the Study

3.2 Research Methodology

3.2.1 Data Collection:

3.2.2 Primary Interviews:

3.2.3 Hypothesis formulation:

3.2.4 Macro-economic factor analysis:

3.2.5 Developing base number:

3.2.6 Data Triangulation:

3.2.7 Country level data:

4. Raisins Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 North America

4.3 Expert Opinion

5. Raisins Market – Key Market Dynamics

5.1 Market Drivers

5.1.1 Awareness Among The Consumers Regarding The Health Benefits of Raisins

5.1.2 Increasing Application of Raisins in Food and Beverage Industry

5.2 Market Restraints

5.2.1 Unfavourable Weather Conditions

5.3 Market Opportunities

5.3.1 Increasing E-Commerce Sales and Innovative Marketing Strategies

5.4 Future Trends

5.4.1 Rising Trend of Healthy Snacking

5.5 Impact Analysis Of Drivers And Restraints

6. Raisins – North America Market Analysis

6.1 Raisins Market Overview

6.1.1 Raisins Market –Revenue and Forecast to 2027 (US$ Million)

6.2 Market Positioning – Key Market Players

7. Raisins Market Analysis – By Product Type

7.1 Overview

7.2 North America Raisins Market, By Product Type (2019 and 2027)

7.3 Natural Seedless

7.3.1 Overview

7.3.1.1 Natural Seedless: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

7.4 Golden Seedless

7.4.1 Overview

7.4.1.1 Golden Seedless: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

7.5 Black Currant

7.5.1 Overview

7.5.1.1 Black Currant: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

7.6 Sultana

7.6.1 Overview

7.6.1.1 Sultana: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

7.7 Muscat

7.7.1 Overview

7.7.1.1 Muscat: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

7.8 Monukka

7.8.1 Overview

7.8.1.1 Monukka: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

8. Raisins Market Analysis – By Nature

8.1 Overview

8.2 North America Raisins Market, By Nature (2019 and 2027)

8.3 Organic

8.3.1 Overview

8.3.1.1 Organic: Raisins Market – Revenue and Forecast to 2027 (US$ Million)

8.4 Conventional

8.4.1 Overview

8.4.1.1 Conventional : Raisins Market – Revenue and Forecast to 2027 (US$ Million)

9. Raisins Market Analysis – By End User

9.1 Overview

9.2 North America Raisins Market, By End User (2019 and 2027)

9.3 Food Industry

9.3.1 Overview

9.3.1.1 Food Industry: Raisins Market – Revenue and Forecast to 2027 (US$ Million)

9.4 Food Service Providers

9.4.1 Overview

9.4.1.1 Food Service Providers: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

9.5 Household

9.5.1 Overview

9.5.1.1 Household: Raisins Market – Revenue and Forecast to 2027 (US$ Million)

10. North America Raisins Market Analysis – By Distribution Channel

10.1 Overview

10.2 North America Raisins Market Breakdown, By Distribution Channel, 2019 &2027

10.3 Supermarkets and Hypermarkets

10.3.1 Overview

10.3.1.1 Supermarkets and Hypermarkets in Raisins Market, Revenue and Forecast to 2027 (US$ Million)

10.4 Convenience Store

10.4.1 Overview

10.4.1.1 Convenience Stores in Raisins Market, Revenue and Forecast to 2027 (US$ Million)

10.5 Online

10.5.1 Overview

10.5.1.1 Online in Raisins Market, Revenue and Forecast to 2027 (US$ Million)

10.6 Others

10.6.1 Overview

10.6.1.1 Others in Raisins Market, Revenue and Forecast to 2027 (US$ Million)

11. Raisins Market – Country Analysis

11.1 Overview

11.1.1 North America: Raisins Market, by Key Country

11.1.1.1 US: Raisins Market –Revenue and Forecast to 2027 (US$ Million)

11.1.1.1.1 US: Raisins Market, by Product Type

11.1.1.1.2 US: Raisins Market, by Nature

11.1.1.1.3 US: Raisins Market, by End Users

11.1.1.1.4 US: Raisins Market, by Distribution Channel

11.1.1.2 Canada: Raisins Market –Revenue and Forecast to 2027 (US$ Million)

11.1.1.2.1 Canada: Raisins Market, by Product Type

11.1.1.2.2 Canada: Raisins Market, by Nature

11.1.1.2.3 Canada: Raisins Market, by End Users

11.1.1.2.4 Canada: Raisins Market, by Distribution Channel

11.1.1.3 Mexico: Raisins Market –Revenue and Forecast to 2027 (US$ Million)

11.1.1.3.1 Mexico: Raisins Market, by Product Type

11.1.1.3.2 Mexico: Raisins Market, by Nature

11.1.1.3.3 Mexico: Raisins Market, by End User

11.1.1.3.4 Mexico: Raisins Market, by Distribution Channel

12. Impact of COVID-19 Pandemic on North America Raisins Market

12.1 Overview

13. Company Profiles

13.1 Geobres.

13.1.1 Key Facts

13.1.2 Business Description

13.1.3 Products And Services

13.1.4 Financial Overview

13.1.5 SWOT Analysis

13.2 Lion Raisins

13.2.1 Key Facts

13.2.2 Business Description

13.2.3 Products And Services

13.2.4 Financial Overview

13.2.5 SWOT Analysis

13.3 Red River Foods

13.3.1 Key Facts

13.3.2 Business Description

13.3.3 Products And Services

13.3.4 Financial Overview

13.3.5 SWOT Analysis

13.4 Traina Foods

13.4.1 Key Facts

13.4.2 Business Description

13.4.3 Products And Services

13.4.4 Financial Overview

13.4.5 SWOT Analysis

13.5 Sunsweet

13.5.1 Key Facts

13.5.2 Business Description

13.5.3 Products And Services

13.5.4 Financial Overview

13.5.5 SWOT Analysis

13.6 Fruits of Turkey

13.6.1 Key Facts

13.6.2 Business Description

13.6.3 Products And Services

13.6.4 Financial Overview

13.6.5 SWOT Analysis

14. Appendix

14.1 About The Insight Partners

14.2 Word Index


LIST OF TABLES

Table 1. North America Raisins Market –Revenue and Forecast to 2027 (US$ Million)

Table 2. US Raisins Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 3. US Raisins Market, by Nature – Revenue and Forecast to 2027 (USD Million)

Table 4. US Raisins Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 5. US Raisins Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)

Table 6. Canada Raisins Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 7. Canada Raisins Market, by Nature – Revenue and Forecast to 2027 (USD Million)

Table 8. Canada Raisins Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 9. Canada Raisins Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)

Table 10. Mexico Raisins Market, by Product Type – Revenue and Forecast to 2027 (USD Million)

Table 11. Mexico Raisins Market, by Nature – Revenue and Forecast to 2027 (USD Million)

Table 12. Mexico Raisins Market, by End User – Revenue and Forecast to 2027 (USD Million)

Table 13. Mexico Raisins Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)

Table 14. List of Abbreviation


LIST OF FIGURES

Figure 1. Raisins Market Segmentation – By Country

Figure 2. North America Raisins Market Impact Analysis Of Driver And Restraints

Figure 3. North America: Raisins Market – Revenue and Forecast to 2027 (US$ Million)

Figure 4. North America Raisins Market Revenue Share, by Product Type (2019 and 2027)

Figure 5. North America Natural Seedless: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 6. North America Golden Seedless: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 7. North America Black Currant: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 8. North America Sultana: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 9. North America Muscat: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 10. North America Monukka: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 11. North America Raisins Market Revenue Share, by Nature (2019 and 2027)

Figure 12. North America Organic: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 13. North America Conventional : Raisins Market –Revenue and Forecast to 2027 (US$ Million)

Figure 14. North America Raisins Market Revenue Share, by End User (2019 and 2027)

Figure 15. North America Food Industry: Raisins Market – Revenue and Forecast to 2027 (US$ Million)

Figure 16. North America Food Service Providers: Raisins Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 17. North America Household: Raisins Market – Revenue and Forecast to 2027 (US$ Million)

Figure 18. North America Raisins Market Breakdown, by Distribution Channel, 2019 &2027 (%)

Figure 19. North America Supermarkets and Hypermarkets in Raisins Market, Revenue and Forecast, 2018–2027 (US$ Million)

Figure 20. North America Convenience Stores in Raisins Market, Revenue and Forecast, 2018–2027 (US$ Million)

Figure 21. North America Online in Raisins Market, Revenue and Forecast, 2018–2027 (US$ Million)

Figure 22. North America Others in Raisins Market, Revenue and Forecast, 2018–2027 (US$ Million)

Figure 23. North America: Raisins Market Revenue Share, by Key Country (2019 and 2027)

Figure 24. US: Raisins Market –Revenue and Forecast to 2027 (US$ Million)

Figure 25. Canada: Raisins Market –Revenue and Forecast to 2027 (US$ Million)

Figure 26. Mexico: Raisins Market –Revenue and Forecast to 2027 (US$ Million)

Figure 27. Impact of COVID-19 Pandemic in North American Country Markets

The List of Companies - North America Raisins Market

  1. Geobres.
  2. Lion Raisins
  3. Red River Foods
  4. Traina Foods
  5. Sunsweet
  6. Fruits of Turkey

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

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