Raisins Market Size/Share Worth USD 3.6 Billion by 2030 at a 5% CAGR
Zion Market Research has published a new report titled “Global Raisins Market by Product Type (Natural Seedless, Golden Seedless, Black Currant and Others (Sultana and Muscat), by Application (Food Industry, Food Service Providers and Households) and by Geography: Global Industry Perspective, Comprehensive Analysis, and Forecast.
According to the report, Global Raisin Market size & share revenue was valued at approximately USD 2.6 Billion in 2022 and is expected to reach USD 2.74 billion in 2023 and is expected to reach around USD 3.6 Billion by 2030, at a CAGR of 5% between 2022 and 2030
The global raisins market is projected to observe noticeable growth over the years. The raisins are dried grapes that are rich in magnesium and potassium. The increase in consumption of raisins for culinary usage offers numerous health benefits. For instance, it also offers a natural remedy for acidosis and an ample supply of fibers that help in absorbing the natural fluids present in the human body. These factors related to the health benefit are further up-surging the sales of raisins across the globe. The rising usage of the raisins in baking, cooking, and brewing are projected to drive the global raisins market within the forecast period. California is the world’s largest producer of raisins which produces approximately 370000 tons of raisins out of which approximately 4–6% of golden raisins subjected to the demand from manufacturers and consumers
The global raisins market has been segmented on the basis of product type and application. In terms of the product type, the global raisins market is classified as natural seedless, black currant, golden seedless, and others (muscat and sultana). The natural seedless raisins are basically sun-dried seedless grapes whereas golden seedless raisins are the same as that of natural seedless raisins but they are oven-dried to restrain from the darkening effect of sunlight. The black currant raisins are seedless and dark raisins that are made from black grapes. On the basis of the application, the global raisins market is segmented into the food service providers, food industry, and households. The food industry further segmented into snacks, dairies, ready meals, bakeries, and confectionaries. Food service providers further segmented into caterers and restaurants. The food industry segment is anticipated to have a maximum market share within the forecast. This is due to the use of raisins in baking, cooking, and brewing which in turn is expected to fuel the global raisins market. In addition, the foodservice providers segment is projected to grow at a noteworthy rate within the forecast period owing to the rise in the usage of the raisins in restaurants and catering services.
Some of the key players in the global raisins market are -
- Sun-Maid Growers of California
- JAB Dried Fruit Products (Pty) Ltd.,Sunbeam Foods Pty Ltd.
- Dole Food Company
- GeobresNemean Currants and Sultana Raisins S.A.
- Decas Cranberry Products
- Lion Raisins Inc.
- Kiantama Oy
- Sunsweet Growers Inc.
- Citadelle Maple Syrup Producers’ Cooperative
- Traina Foods
- Bergin Fruit and Nut Company Inc.
This report segments the global raisins market as follows:
Global Raisins Market: Product Type Segment Analysis
- Natural Seedless
- Golden Seedless
- Black Currant
- Others
Global Raisins Market: Application Analysis
- Food Industry
- Food Service Providers
- Households
Global Raisins Market: Regional Segment Analysis
- North AmericaU.S.
- EuropeUKFranceGermany
- Asia PacificChinaJapanIndia
- Latin AmericaBrazil
- Middle East and Africa
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