Global Raisins Market Research Report Forecast to 2028

Raisins Market Forecast till 2028

Market Overview
The global market for raisins is expected to grow at a substantial rate during the forecast period. Raisins are a type of dried grape that is eaten by people all around the world, both by themselves and in recipes. To make them, grapes are dried either in food dehydrator or the sun, so that their nutrient content is retained. Raisins, made from green grapes or dried black grapes are a fruity and sweet ingredient that have many uses in both sweet and savoury recipes. They are full of energy, fibre, vitamins, minerals, and antioxidants, as well as iron, which supports cardio health, and calcium, which enhances bone health. This has led to an increase in the usage of raisins in cooking and baking, as they are found in a variety of dishes from all over the world.

The popularity of cross-cultural cuisines has also contributed to the rising demand for raisins, as well as the growing trend of millennials experimenting with new recipes in their spare time. All of these factors have led to an increasing interest in raisins.

Segment Overview
The category, distribution channel, packaging type, and regional segments have been used to divide the market for global raisins market. The market has been bifurcated into conventional and organic based on the category of raisins. Organic segment is likely to stand among other segments over the forecast period.

The packaging type segment has been divided into pouches, jars/bottles, boxes, and cans. The distribution channel segment has been bifurcated into store-based and non-store-based categories.

Regional Analysis
The global raisins market is divided into key regions: Americas, Europe, the Middle East & Africa and Asia-Pacific. The demand for raisins in European region is rapidly increasing due to the rising preference for organic and healthy food. The Soil Association Limited estimates that in 2020, the US accounted for 46% of global sales of organic goods, while Germany and France each accounted for 11% and 8%, demonstrating the strong demand for natural and organic goods in North America and Europe. Moreover, the increased consumption of dried fruits, including raisins, is further driving the growth of the regional market. They also contain various phytochemicals such as hydro cinnamic acids, epicatechins, flavonoids, resveratrol, and phytoestrogens. As a result, the daily consumption of raisins is essential for a healthy lifestyle, further driving the growth of the raisins market.

Major Players
National Raisin Company, Murray River Organics Ltd., Sun-Maid Growers of California, Dole Packaged Foods LLC, and Del Monte Foods, Inc are some of the affluent contenders holding sizeable raisins market share.

COVID 19 Impacts
The COVID-19 pandemic has impacted drastically on the raisins market, with supply chain disruptions and significant losses resulting from the shutting of main assembly points. The raisins market is experiencing an imbalance between demand and supply due to the pandemic. To make money from raisins, farmers have resorted to drying grapes in the vineyards. This has resulted in an increase in raisin supply; however, demand has not kept up with the pace. The restrictions on trading have disrupted the raisins supply chain, resulting in negative effects on the overall raisins market.

Companies Mentioned
National Raisin Company
Murray River Organics Ltd.
Sun-Maid Growers of California
Dole Packaged Foods LLC
and Del Monte Foods
Inc

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