The Prunes Market size is estimated at USD 1.34 billion in 2024, and is expected to reach USD 1.82 billion by 2029, growing at a CAGR of 6.33% during the forecast period (2024-2029).
A prune is a dry plum, most commonly the European plum. People are more concerned about their health and inclined toward a healthy diet. Prunes are beneficial in the management of several health conditions like constipation. It reduces bone loss and supports weight loss. It also improves heart health and prevents premature aging. Prunes are rich in antioxidants, which help reduce inflammation and protect cells from damage. Prunes have low sugar content than other dried fruits. Contrary to the belief that fruit rich in carbs increases blood sugar levels, prunes do not cause a sudden spike in the blood sugar level. One prune provides 1 gram of fiber and 3% of the daily fiber intake. There are a little over 6 grams of carbohydrates in one prune.
Prunes are a great source of beta carotene, which the body converts to vitamins A, B, and K, potassium, zinc, iron, calcium, magnesium, manganese, and copper. They can be pitted and eaten whole or used to improve processed foods. Prunes garnered nearly 13.5% share in the global dry fruit consumption across high-income economies countries. Countries like the United States, Chile, Algeria, Brazil and others can produce prunes. Chile can produce 100,000 mt of plums, of which 2/3 are used for prunes, which, after the drying process, are sent to a subsequent tenderization process after their natural condition. Thus, the health benefits of prunes are gaining traction globally, which is expected to boost the market during the forecast period.
The United States is among the world's largest producers and consumers of prunes. Although the country exports significantly, it buys prunes from Chile due to high domestic demand. According to ITC Trade Map, in 2021, the United States was among the top exporter of prunes in the world. The export value of prunes from the United States was observed at USD 175,715, which was higher than in 2020, at USD 159,680. According to the Food and Agricultural Organization of the United Nations (FAO), globally, the United States accounts for 48% of world exports, followed by Chile (13 %) and France (12 %). France exports roughly 40% of its total production, while Chile exports as much as 90%.
Prunes are on the list of the most highly consumed dried fruit in the United States, after dates. In the United States, schools have been focusing on healthier options for their students and are buying more locally sourced food. Dried plums are a great option for foodservice operators to introduce into schools. They can be pitted and eaten whole or used to improve processed foods. The growing urge for healthy eating habits across millennial groups in the United States reveals the increasing consumption pattern in the US market. Thus, driven by the marketing campaigns and the excessive supply in the domestic market, the prune production and export trend will likely get boosted in the US market over the coming years.
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