Dried Apricots

Dried Apricots

Global Dried Apricots Market to Reach US$1.1 Billion by 2030

The global market for Dried Apricots estimated at US$866.4 Million in the year 2023, is expected to reach US$1.1 Billion by 2030, growing at a CAGR of 3.3% over the analysis period 2023-2030. Conventional Dried Apricots, one of the segments analyzed in the report, is expected to record a 2.8% CAGR and reach US$904.8 Million by the end of the analysis period. Growth in the Organic Dried Apricots segment is estimated at 6.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$236.0 Million While China is Forecast to Grow at 6.2% CAGR

The Dried Apricots market in the U.S. is estimated at US$236.0 Million in the year 2023. China, the world`s second largest economy, is forecast to reach a projected market size of US$222.4 Million by the year 2030 trailing a CAGR of 6.2% over the analysis period 2023-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.1% and 2.4% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.

Global Dried Apricots Market - Key Trends and Drivers Summarized

Dried apricots are a popular dried fruit, appreciated for their sweet flavor, nutritional benefits, and long shelf life. These fruits are prepared by dehydrating fresh apricots, which reduces their water content dramatically but concentrates their natural sugars and flavors. This process also preserves many of the nutrients found in fresh apricots, including dietary fiber, antioxidants, vitamins, and minerals, particularly vitamin A, iron, and potassium. Dried apricots are versatile in culinary use, featured in a variety of dishes ranging from baked goods and cereals to savory sauces and stews. They are commonly used in traditional cuisines across the Mediterranean, Middle East, and Central Asia, where they are also a staple in festive foods and healthful snacks.

The production of dried apricots is a significant agricultural activity in countries like Turkey, Iran, and Uzbekistan, which are among the top producers globally. The drying process involves either natural sun drying or more controlled dehydration methods, depending on the region and desired quality of the finished product. Sun-dried apricots tend to have a darker color and richer flavor, while those dried using artificial heat are lighter and more uniform in appearance. This process impacts not only the taste and nutritional profile of the apricots but also their market appeal in different regions. As health trends continue to influence food choices, dried apricots have gained popularity as a healthy snack alternative to processed foods, high in natural sugars and low in fats, making them ideal for weight management and general wellness.

The growth in the dried apricot market is driven by several factors, including the rising awareness of health benefits associated with their consumption, such as improved digestion due to high fiber content and enhanced skin health from vitamin A. Advances in food preservation and packaging technology also play a crucial role, as they help maintain the freshness and extend the shelf life of dried apricots, making them more appealing to consumers worldwide. Additionally, the expansion of the organic food market has influenced production methods, with an increasing number of consumers demanding organically produced dried apricots free from additives and preservatives. Consumer behavior towards healthier snack options and the incorporation of dried fruits into regular diets for nutritional benefits have significantly contributed to the market growth. Furthermore, the growing demand for plant-based and vegan food options has seen dried apricots become a popular ingredient in these diets. Together, these factors ensure ongoing interest and market expansion for dried apricots, reflecting broader trends in health consciousness and natural food preferences.

Select Competitors (Total 45 Featured) -

• Aksun Tarimsal Urunler AS
• Anatolia A.S.
• ApricotKing
• Bergin Fruit and Nut Company
• Dag Food
• Hunza Alpine
• Hunza Foodways
• Kayisicioglu
• King Apricot
• National Raisin Co.
• Purcell Mountain Farms
• Quirkey Cots
• Sun-Maid Growers of California
• Traina Dried Fruit, Inc
• Ziba Foods;

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