Market Overview and Key Factors: —
The high consumption of raisins for culinary use offers several health benefits other than the sweet taste of raisins. Raisins offer an abundant supply of fibers that help in absorbing the natural fluids present in the body. This fiber content is considered as insoluble since raisins absorb water to offer bulk to the final food preparation. Raisins are rich in potassium and magnesium, also offer a natural remedy for acidosis and these health benefiting factors are further boosting the global sales of raisins.
Raisins are dried grapes and increasing use of raisins in cooking, baking, and brewing are expected to fuel the global raisins market during the forecast period. Grapes are dried either in the sun or in driers, which turn them into golden, green, or black color. Raisins are also widely used in desserts, such as bread puddings, cookies, and shortcakes.
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Archer Daniels Midland Company (US), Arimex (Lithuania), H.B.S. Foods Ltd (UK), Murray River Organics Ltd (Australia), National Raisin Company (US), Sun-Maid (US), Mariani Packing Company (US), Dole Packaged Foods LLC (US), Del Monte Foods, Inc. (US), and Bob’s Red Mill Natural Foods (US) are some of the key players in the global raisins market.
The global raisins market has been segmented based on category, packaging type, distribution channel, and region.
The global raisins market has been classified, based on category, as organic and conventional.
On the basis of packaging type, the global raisins market has been divided into jars, pouches, tins, and others.
The global raisins market has been segmented, on the basis of the distribution channel, into store-based and non-store-based. The store-based segment has further been segregated into supermarkets and hypermarkets, convenience stores, specialty stores, and others.
The global raisins market has been analyzed for four key regions—North America, Europe, Asia-Pacific, and the rest of the World. The North American raisins market has further been segmented into the US, Canada, and Mexico.
The European raisins market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe.
The raisins market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The raisins market in the rest of the world has been segmented into South America, the Middle East, and Africa.
The raisins market in Asia-Pacific is projected to record the highest CAGR due to increasing health-conscious consumers switching to consumption of plant food and rapid urbanization in the developing countries of the region. Growing demand for dried fruits, baked products, and desserts in countries such as India and China are expected to fuel the regional growth of raisins during the forecast period.
Globally, Europe is expected to dominate the raisins market since raisins are considered to be a healthy snack and a healthy food ingredient. In many baked products and dietary products, dried grapes are increasingly used as a natural substitute for sugar. In the European Union, Germany and the UK have recorded the maximum consumption of raisins in 2017 owing to changing consumer preference towards healthier food alternatives.
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Global Raisins Market, by Category
Global Raisins Market, by Packaging Type
Global Raisins Market, by Distribution Channel
Supermarkets and Hypermarkets
Global Raisins Market, by Region
Rest of Europe
Australia and New Zealand
Rest of Asia-Pacific
Rest of the World (RoW)
Name: Abhishek Sawant
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Organization: Market Research future
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Release ID: 491856