Dried Grapes Market size to grow by USD 379.35 Mn, Market Research Insights highlight growth of the organized retail sector as a Key Driver – Technavio – QNT Press Release


NEW YORK, Sept. 26, 2022 /PRNewswire/ — According to the research report, the Dried Grapes Market will witness a YOY growth of 5.04% in 2022 during the forecast period. The report is segmented by type of packaging (bagged and canned), type (raisins, sultanas, and currants), and geography (North AmericaAPAC, Europe, South Americaand the Middle East and Africa). One of the main factors boosting the growth of the dried grapes market is the expansion of the organized retail sector.

For more insights on YOY and CAGR, Read FREE Sample Report.

Vendor Insights

Global Dried Grapes Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Aarav Agro Industries
  • Aditya Corp.
  • Del Monte Pacific Ltd.
  • Dole Packaged Foods LLC
  • Gauri Farm
  • HBS Foods Ltd.
  • Lakshmi Narasimha Agencies
  • Mariana Co.
  • National Raisin Co.
  • Newmans Own Inc.
  • River Ranch Sales Ltd.
  • Shivam Cashew Industry.
  • Sun Maid Growers of California
  • SUN VALLEY RAISINS
Geographical Market Analysis

APAC will account for 33% of market growth. The major dried grapes markets in APAC are China and Japan. This region’s market will expand more quickly than those in other areas. North America is another region where providers might experience tremendous development potential. Over the course of the projected period, increased consumer awareness of the health advantages of dried grape intake would support market expansion in APAC.

Key Segment Analysis
  • By Type
    • Bagged
    • Canned
  • By Geography
    • North America
    • APAC
    • Europe
    • South America
    • The Middle East and Africa

The segment selling dried grapes in bags will significantly increase its market share. The two most popular methods for presenting dried grapes are plastic boxes and bags. The dried grapes are packaged in these special bags and cartons to preserve their quality and freshness. To promote airflow , the majority of the bags or boxes include tiny holes. Therefore, during the projection period, these factors will have a favorable effect on the bagged packaging segment of the market. Buy Sample Report.

Key Market Drivers & Challenges:

One of the main factors boosting the growth of the dried grapes market is the expansion of the organized retail sector. One of the main offline routes for the distribution of dried grapes is supermarkets, along with hypermarkets. These offline distribution channels, which make it easier for customers to buy products and give them a wide selection of dried grapes to pick from, are fundamentally comprised of organized retailing.

Another trend driving the dried grapes market’s rise is the increasing popularity of online shopping. However, one of the things preventing the dried grapes industry from expanding is the impact of climate change on grape harvest. Download free sample

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Dried Grapes Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Decelerate at a CAGR of 4.6%

Market growth 2022-2026

$379.35 million

Market structure

Fragmented

YoY growth (%)

5.04

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 33%

Key consumer countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading companies, Competitive Strategies, Consumer engagement scope

Key companies profiled

Full story available on Benzinga.com



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