India Dried Fruit Market Overview, 2028

India Dried Fruit Market Overview, 2028

Fruits are an important source of nutrition. Fresh fruit with a short shelf life has added an advantage, which is driving consumer demand in India's Dried Fruits Market. Additionally, increased consumer awareness of health has a positive impact on the India Dried Fruits Market. Besides, the increase in R&D activities to develop innovation in various product lines adds fuel to the expansion of the business. They are widely used in the dairy industry, as well as in cooking due to their ability to improve flavor. However, due to their nutritional value, the application of dried fruits in snacks and breakfast cereals is a widespread goal. Consumers' tendency to consume processed nutritional food products adds fuel to the dried fruit market.

According to the research report, “India Dried Food Market Outlook, 2028” published by Bonafide Research, the market is projected to add 0.22 Billion from 2022 to 2028. Raisins or dehydrated grapes dominated the dried fruit market. Increased production of raisins across developed and emerging economies has positively influenced segment growth. In addition, raisins are a source of several nutritional elements, such as fiber, iron, calcium, boron, and phytonutrients, which have been attracting health-conscious consumers. As result, applications of raisins have grown significantly across various segments of the food and beverage industry due to their health benefits. Berries are expected to witness the fastest growth over the forecast period. Over the past few years, the consumption of dried berries has been increasing drastically in the market. Companies have been launching numerous products using raisins as an ingredient.

Rising consumer awareness over the health benefits offered is helping the industry to boost its demand for dried fruits. Growth in the market is benefited from the increased acceptance of diets rich in prunes, almonds, raisins, figs, and apricots. Dried fruits are estimated to grow in popularity as a nutritionally rich alternative to fresh fruits, especially in countries with cold weather conditions. Consumption in India is driven by the growing affluence of the middle-class population and rising health consciousness among consumers and the increasing acceptance of packaged food with nutritious ingredients.

Consumer awareness about the negative consequences of added colors and flavors has influenced them to choose healthier eating habits. Clean labels or label-friendly cut through the clutter of too much data and represent valuable information, which gives consumers a sense of control over their well-being. Clean-label items are in high demand because consumers want food without artificial additives or preservatives. Dehydrated fruit manufacturers are optimizing ingredients to provide label-friendly products. Customers are looking at the back of packages more than ever before to check for the ingredients, and are drawn to clean-label a product, which was previously uncommon, resulting in an increase in demand for preserved fruits that require less processing.

The growing trend of on-the-go snacking is accelerating the growth of the market over the past few years. Characteristics such as less perishability and ease to carry have made dried fruits a popular healthy snack. In addition, dried fruit has gained significant popularity as an ingredient for salads, baked foods, oatmeal, snack, and desert. Over the past few years, raisins have gained significant popularity in the chocolate industry as they add a rich flavor and nutrition to chocolates.

Supermarkets and hypermarkets held the largest share. Over the past few years, supermarkets and hypermarkets have witnessed significant growth in the nut and dehydrated fruit categories. The retail chains are appealing to health-conscious consumers by expanding their organic and natural product lines. Furthermore, increasing supermarket penetration in developing countries will boost product sales through the distribution channel. Convenience stores hold a notable share of the market, especially in developing countries. Several countries have specialized retail stores for the product, for instance, shops on the street and public markets, and specialty stores. Online distribution is anticipated to expand at the fastest CAGR.

Covid-19 Impacts:
The coronavirus pandemic had a great negative effect on all supply and value chain stages of various industries. Food and beverages are among the industries that are currently experiencing impacts as a result of the pandemic. The affected workforce on farms, food and beverage production and processing plants, and the distribution network are analyzed to risk promoting the COVID-19 epidemic, the transmission of which can occur during various coordination activities. There is also a potential risk that the virus will spread through outbound products, leading to food security problems, when a trade occurs between geographic areas and different stages of the supply chain, resulting in a shortage of working manpower.

Considered in this report
•Geography: India
•Historic year: 2017
•Base year: 2022
•Estimated year: 2023
•Forecast year: 2028

Aspects covered in this report
•India Dried Fruits market with its value and forecast along with its segments
•Various drivers and challenges
•On-going trends and developments
•Top profiled companies
•Strategic recommendation

By Type
•Dried Apricots
•Dried Dates
•Dried Grapes / Raisins
•Dried Figs
•Dried Berries
•Prunes
•Others

By Nature
•Organic Dried Fruits
•Conventional Dried Fruits

By Distribution Channel
•Hypermarkets/Supermarkets
•Specialty Stores
•Convenience Stores
•Online Retail
•Others

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience:
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the dried fruit industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.