Dried Apricots Market [2028] Size, Share, Trends, Forecast

Summary

Report Description

Forecast Period	2024-2028
Market Size (2022)	USD878 Million
CAGR (2023-2028)	4.1%
Fastest Growing Segment	Organic
Largest Market	Europe

Market Overview

The Global Dried Apricots Market has valued at USD878 million in 2022 and is anticipated to project robust growth in the forecast period with a CAGR of 4.1% through 2028. The global dried apricots market has witnessed significant growth and transformation in recent years, driven by changing consumer preferences, expanding culinary applications, and rising demand for healthier snack options. Dried apricots, with their concentrated flavor, natural sweetness, and nutritional benefits, have evolved from being a traditional snack to a versatile ingredient in various cuisines. The growing emphasis on health and wellness has led consumers to seek nutrient-rich snacks that offer both taste and nutritional benefits. Dried apricots, packed with vitamins, minerals, and dietary fiber, fit this profile and are perceived as a healthier alternative to traditional sugary snacks. Dried apricots have transcended their role as standalone snacks and are now being used in a variety of culinary applications. They are incorporated into baking, cooking, salads, and even savory dishes, adding natural sweetness and unique flavor profiles. Dried apricots align with the demand for convenient snacking options that can be enjoyed anywhere. Their portability and longer shelf life make them a convenient choice for busy lifestyles. Consumers are increasingly seeking natural, minimally processed foods. Dried apricots, with their minimal processing and absence of artificial additives, cater to this demand.

Key Market Drivers

Nutritional Awareness and Health Benefits

One of the primary drivers fueling the growth of the global dried apricots market is the increasing awareness of health and nutrition among consumers. Dried apricots are rich in essential nutrients such as vitamins A and C, dietary fiber, potassium, and antioxidants. These nutritional attributes are associated with various health benefits, including improved digestion, immune support, vision health, and heart health. As individuals become more health-conscious and seek natural sources of nutrients, dried apricots have emerged as a convenient and nutritious snack option. This driver is particularly significant in regions where consumers are actively seeking healthier alternatives to processed snacks and sweets.

Convenience and Versatility

The convenience factor plays a pivotal role in driving the demand for dried apricots. These dried fruits offer a longer shelf life compared to fresh apricots, making them a practical choice for consumers who desire a non-perishable snack. Dried apricots are also versatile, serving as a stand-alone snack, an ingredient in various recipes, or a topping for cereals, yogurt, salads, and baked goods. Their adaptability to both sweet and savory dishes contributes to their popularity and consumption across different meal occasions. The convenience of dried apricots aligns with the busy lifestyles of modern consumers, enabling them to maintain a healthy diet even on the go.

Culinary Diversity and Globalization

Dried apricots have found a place in diverse culinary traditions around the world. As global connectivity increases and cultural exchanges become more common, consumers are exposed to a wider array of cuisines and flavors. Dried apricots, with their distinct sweet-tart taste, are embraced in various regional dishes and recipes. This culinary diversity drives demand for dried apricots, as individuals explore different culinary experiences and incorporate them into their own diets. Additionally, the global availability of dried apricots through international trade and e-commerce platforms enables consumers to access this fruit regardless of their geographic location. This globalization of food preferences further contributes to the expansion of the dried apricots market.

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Key Market Challenges

Supply Chain Vulnerabilities and Seasonality

One of the primary challenges in the global dried apricots market is the inherent vulnerability of the supply chain due to the seasonality of apricot cultivation. Apricots have a limited harvest window, and their availability is heavily dependent on factors like weather conditions and agricultural practices. This seasonality can lead to fluctuations in supply, causing imbalances between demand and availability. The challenge of supply chain vulnerabilities is exacerbated by the perishable nature of fresh apricots, which need to be quickly processed into dried form to extend their shelf life. Any disruption in the supply chain, such as adverse weather events or logistical issues, can lead to shortages, price volatility, and reduced quality of dried apricot products.

Sustainability and Agricultural Practices

The dried apricots industry faces sustainability concerns related to agricultural practices and environmental impact. Unsustainable farming methods, water scarcity, soil degradation, and the excessive use of agrochemicals can degrade ecosystems and compromise the long-term viability of apricot cultivation. Additionally, the increased demand for dried apricots places pressure on apricot-growing regions to expand production, potentially leading to deforestation and land degradation. Sustainable farming practices, responsible land management, and water conservation efforts are essential to address these challenges and ensure the industry's resilience and ethical practices.

Market Differentiation and Quality Assurance

The global dried apricots market is characterized by a wide range of products with varying qualities, tastes, and nutritional values. Ensuring consistent quality and maintaining product differentiation can be challenging. Consumers' preferences for specific varieties, taste profiles, and appearances further complicate market dynamics. The lack of standardized grading systems and quality control measures across different producing regions can lead to discrepancies in product quality, causing consumer dissatisfaction. This challenge is particularly relevant in the context of premium and organic dried apricots, where ensuring authenticity and meeting the expectations of discerning consumers becomes crucial.

Key Market Trends

Rising Demand for Healthy Snacking

One of the prominent trends in the global dried apricots market is the growing demand for healthy snacking options. As consumers increasingly prioritize their health and wellness, they are seeking convenient, nutritious, and natural snack alternatives. Dried apricots, with their inherent sweetness and rich nutritional content, align perfectly with this trend. They are rich in dietary fiber, vitamins, and minerals, making them an appealing choice for health-conscious consumers looking to satisfy their cravings without compromising on nutritional value. Manufacturers and retailers are responding to this trend by offering a wide variety of dried apricot products, including individual portion packs, trail mixes, and granola bars containing dried apricot pieces. These products cater to consumers seeking on-the-go snacks that provide both energy and health benefits. Additionally, the presence of antioxidants in dried apricots contributes to their appeal as a natural and wholesome snack option.

Organic and Natural Preferences

Consumers' growing interest in organic and natural products has significantly impacted the dried apricots market. There is a notable shift towards purchasing dried apricots that are free from artificial additives, preservatives, and pesticides. Organic dried apricots, sourced from farms adhering to sustainable and environmentally friendly practices, have gained traction among consumers who value transparency and authenticity in their food choices. This trend has prompted both established and emerging players in the market to offer certified organic dried apricot products. Additionally, some manufacturers are adopting eco-friendly packaging materials to align with the sustainability preferences of environmentally conscious consumers. As the demand for organic and natural foods continues to rise, the market for premium-quality, organic dried apricots are likely to expand further.

Culinary Innovation and Diversification

Dried apricots have transcended their traditional role as standalone snacks and are now being embraced in a range of culinary applications. This trend is driven by both consumer creativity and innovative product development efforts by manufacturers. Dried apricots' versatility lends themselves to a variety of dishes and cuisines, making them suitable for both sweet and savory recipes. In the baking industry, dried apricots are incorporated into bread, muffins, cookies, and pastries to add flavor, texture, and natural sweetness. In the savory realm, they find their way into salads, stews, and meat dishes, offering a unique contrast to other ingredients. Manufacturers are capitalizing on this trend by introducing dried apricot products specifically designed for culinary use, such as chopped or diced varieties ideal for cooking and baking. Furthermore, the fusion of flavors and global culinary influences has led to the creation of unique dried apricot products, such as apricots infused with exotic spices or combined with other dried fruits to create enticing flavor combinations.

Segmental Insights

Nature Insights

Conventional dried apricots play a significant and enduring role in the global dried apricots market. As a staple in the industry, conventional dried apricots continue to capture consumer preferences, meet diverse culinary needs, and maintain a strong market presence. Conventional dried apricots have a timeless appeal rooted in their familiarity and classic flavor. These products often evoke a sense of nostalgia and comfort for consumers, making them a staple in households and culinary traditions around the world. Conventional dried apricots are well-established in the market, and consumers are familiar with their taste, texture, and appearance. This familiarity breeds trust, making them a reliable choice for snacking and cooking. Conventional dried apricots cater to a wide range of consumers, including those who prioritize simplicity, traditional flavors, and accessibility. This broad appeal contributes to their consistent demand and market share. Conventional dried apricots are incredibly versatile in the kitchen. They can be used in both sweet and savory dishes, ranging from trail mixes, cereals, and baked goods to salads, tagines, and sauces. Their neutral taste profile and moderate sweetness make them adaptable to various cuisines and culinary applications. Conventional dried apricots often offer a cost-effective option for consumers who seek the nutritional benefits and convenience of dried fruit without the premium price associated with specialty or organic products.

Form Insights

Whole dried apricots play a significant and integral role in the global dried apricots market, contributing to various aspects of consumption, production, distribution, and culinary innovation. These intact, preserved fruits maintain their natural form, flavor, and nutritional value, making them a popular choice for consumers seeking a wholesome and versatile snack. Whole dried apricots retain their original nutritional content, including vitamins A and C, dietary fiber, and essential minerals. This makes them an attractive choice for health-conscious consumers looking for a nutrient-rich snack that offers both flavor and sustenance. The preservation of their natural appearance and taste enhances their appeal, as they closely resemble fresh apricots in terms of texture and flavor. Whole dried apricots' versatility extends beyond snacking. They are widely used in culinary creations, adding a sweet and tangy element to both sweet and savory dishes. From oatmeal and yogurt parfaits to salads, baked goods, and tagines, whole dried apricots bring a distinctive flavor and texture to various recipes. Their ability to rehydrate during cooking further expands their potential uses in the kitchen. The preference for minimally processed and natural foods has led to an increased demand for whole dried apricots. Consumers are drawn to their straightforward ingredients and recognize them as a genuine representation of the fruit's original form. Furthermore, chefs and home cooks appreciate whole dried apricots for their artistic and culinary value, using them to enhance the visual and gustatory appeal of their dishes.

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Regional Insights

Europe plays a significant and influential role in the global dried apricots market. The region's history, consumer preferences, culinary traditions, and economic factors contribute to its substantial impact on the production, consumption, and trade of dried apricots. Europe has a rich culinary history that values the use of dried fruits in various dishes, both sweet and savory. Dried apricots, with their concentrated flavor and natural sweetness, have found their way into European cuisine, from traditional pastries and desserts to modern fusion creations. European consumers appreciate the versatility and nutritional value of dried apricots, contributing to their consistent demand and consumption. European consumers are increasingly health-conscious, seeking natural and nutrient-dense food choices. Dried apricots, with their vitamins, minerals, and dietary fiber, align well with this trend. Their perceived health benefits, including digestive support and antioxidants, make them a preferred snack and ingredient among health-conscious individuals. Europe's diverse culinary landscape is home to numerous gourmet and specialty food markets. Dried apricots often find their place in these markets as premium and high-quality products. European consumers, known for their discerning taste and appreciation for quality, are willing to pay a premium for superior dried apricots sourced from reputable origins. Dried fruits, including apricots, have been part of European culinary traditions for centuries. They are integral to holiday feasts, seasonal celebrations, and family recipes. This cultural attachment contributes to the consistent demand for dried apricots throughout the year, with peaks during festive seasons.

Recent Developments

In 2021, ILG International Trading, a Brooklyn-based company known for its top-quality food imports, issued a recall for certain imported dried apricots due to an excessively high level of sulfites. Sulfites have been associated with severe health risks, including life-threatening reactions. This recall was initiated to prioritize consumer well-being.
In 2021, Lipari Foods, a Michigan-based company, recalled dried apricots due to the presence of sulfites and the absence of proper labeling regarding certain ingredients. The Food and Drug Administration (FDA) reported that approximately 86 cases were recalled from various states across the country.
In 2021, Sun-Maid Growers, a privately owned co-operative based in California, announced the successful acquisition of Organic Plum from Campbell Soup Company, a processed food and snack firm based in New Jersey. The financial details of the transaction were not disclosed by the company.

Key Market Players

NationalRaisin Company
Anatolia
Ziba Foods
Bata Food
Sun-Maid Growers of California
Traina Home Grown
Purcell Mountain Farms
ApricotKing
Bergin Fruit and Nut Company
Sahra Apricots

By Nature	By Form	By Sales Channel	By Region
Organic Conventional	Powdered Whole Dried Diced	Supermarkets/Hypermarkets Departmental Stores Online Others	North America Europe South America Middle East & Africa Asia Pacific

Report Scope:

In this report, the global dried apricots market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Global Dried Apricots Market, By Nature:

o Organic

o Conventional

Global Dried Apricots Market, By Form:

o Powdered

o Whole Dried

o Diced

o Others

Global Dried Apricots Market, By Sales Channel:

o Supermarkets/Hypermarkets

o Departmental Stores

o Online

o Others

Global Dried Apricots Market, By Region:

o North America

§ United States

§ Canada

§ Mexico

o Asia-Pacific

§ China

§ India

§ Japan

§ South Korea

§ Australia

o Europe

§ Germany

§ France

§ United Kingdom

§ Italy

§ Spain

o South America

§ Brazil

§ Argentina

§ Colombia

o Middle East & Africa

§ Saudi Arabia

§ UAE

§ South Africa

§ Turkey

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the global dried apricots market.

Available Customizations:

Global Dried Apricots Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

Global Dried Apricots Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Voice of Customer Analysis

4.1. Brand Awareness

4.2. Factors Influencing Purchase Decision

4.3. Challenged Faced Post Purchase

5. Global Dried Apricots Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Nature Market Share Analysis (Organic, Conventional)

5.2.2. By Form Market Share Analysis (Powdered, Whole Dried, Diced)

5.2.3. By Sales Channel Market Share Analysis (Supermarkets/Hypermarkets, Departmental Stores, Online, and Others)

5.2.4. By Regional Market Share Analysis

5.2.4.1. North America Market Share Analysis

5.2.4.2. South America Market Share Analysis

5.2.4.3. Middle East & Africa Market Share Analysis

5.2.4.4. Europe Market Share Analysis

5.2.4.5. Asia-Pacific Market Share Analysis

5.2.5. By Top 5 Companies Market Share Analysis, Others (2022)

5.3. Global Dried Apricots Market Mapping & Opportunity Assessment

5.3.1. By Nature Mapping & Opportunity Assessment

5.3.2. By Form Mapping & Opportunity Assessment

5.3.3. By Sales Channel Mapping & Opportunity Assessment

5.3.4. By Regional Market Mapping & Opportunity Assessment

6. North America Dried Apricots Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Nature Market Share Analysis

6.2.2. By Form Market Share Analysis

6.2.3. By Sales Channel Market Share Analysis

6.2.4. By Country Market Share Analysis

6.2.4.1. United States Dried Apricots Market Outlook

6.2.4.1.1. Market Size & Forecast

6.2.4.1.1.1. By Value

6.2.4.1.2. Market Share & Forecast

6.2.4.1.2.1. By Nature Market Share Analysis

6.2.4.1.2.2. By Form Market Share Analysis

6.2.4.1.2.3. By Sales Channel Market Share Analysis

6.2.4.2. Canada Dried Apricots Market Outlook

6.2.4.2.1. Market Size & Forecast

6.2.4.2.1.1. By Value

6.2.4.2.2. Market Share & Forecast

6.2.4.2.2.1. By Nature Market Share Analysis

6.2.4.2.2.2. By Form Market Share Analysis

6.2.4.2.2.3. By Sales Channel Market Share Analysis

6.2.4.3. Mexico Dried Apricots Market Outlook

6.2.4.3.1. Market Size & Forecast

6.2.4.3.1.1. By Value

6.2.4.3.2. Market Share & Forecast

6.2.4.3.2.1. By Nature Market Share Analysis

6.2.4.3.2.2. By Form Market Share Analysis

6.2.4.3.2.3. By Sales Channel Market Share Analysis

7. Europe Dried Apricots Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Nature Market Share Analysis

7.2.2. By Form Market Share Analysis

7.2.3. By Sales Channel Market Share Analysis

7.2.4. By Country Market Share Analysis

7.2.4.1. France Dried Apricots Market Outlook

7.2.4.1.1. Market Size & Forecast

7.2.4.1.1.1. By Value

7.2.4.1.2. Market Share & Forecast

7.2.4.1.2.1. By Nature Market Share Analysis

7.2.4.1.2.2. By Form Market Share Analysis

7.2.4.1.2.3. By Sales Channel Market Share Analysis

7.2.4.2. Germany Dried Apricots Market Outlook

7.2.4.2.1. Market Size & Forecast

7.2.4.2.1.1. By Value

7.2.4.2.2. Market Share & Forecast

7.2.4.2.2.1. By Nature Market Share Analysis

7.2.4.2.2.2. By Form Market Share Analysis

7.2.4.2.2.3. By Sales Channel Market Share Analysis

7.2.4.3. Spain Dried Apricots Market Outlook

7.2.4.3.1. Market Size & Forecast

7.2.4.3.1.1. By Value

7.2.4.3.2. Market Share & Forecast

7.2.4.3.2.1. By Nature Market Share Analysis

7.2.4.3.2.2. By Form Market Share Analysis

7.2.4.3.2.3. By Sales Channel Market Share Analysis

7.2.4.4. Italy Dried Apricots Market Outlook

7.2.4.4.1. Market Size & Forecast

7.2.4.4.1.1. By Value

7.2.4.4.2. Market Share & Forecast

7.2.4.4.2.1. By Nature Market Share Analysis

7.2.4.4.2.2. By Form Market Share Analysis

7.2.4.4.2.3. By Sales Channel Market Share Analysis

7.2.4.5. United Kingdom Dried Apricots Market Outlook

7.2.4.5.1. Market Size & Forecast

7.2.4.5.1.1. By Value

7.2.4.5.2. Market Share & Forecast

7.2.4.5.2.1. By Nature Market Share Analysis

7.2.4.5.2.2. By Form Market Share Analysis

7.2.4.5.2.3. By Sales Channel Market Share Analysis

8. Asia-Pacific Dried Apricots Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Nature Market Share Analysis

8.2.2. By Form Market Share Analysis

8.2.3. By Sales Channel Market Share Analysis

8.2.4. By Country Market Share Analysis

8.2.4.1. China Dried Apricots Market Outlook

8.2.4.1.1. Market Size & Forecast

8.2.4.1.1.1. By Value

8.2.4.1.2. Market Share & Forecast

8.2.4.1.2.1. By Nature Market Share Analysis

8.2.4.1.2.2. By Form Market Share Analysis

8.2.4.1.2.3. By Sales Channel Market Share Analysis

8.2.4.2. Japan Dried Apricots Market Outlook

8.2.4.2.1. Market Size & Forecast

8.2.4.2.1.1. By Value

8.2.4.2.2. Market Share & Forecast

8.2.4.2.2.1. By Nature Market Share Analysis

8.2.4.2.2.2. By Form Market Share Analysis

8.2.4.2.2.3. By Sales Channel Market Share Analysis

8.2.4.3. India Dried Apricots Market Outlook

8.2.4.3.1. Market Size & Forecast

8.2.4.3.1.1. By Value

8.2.4.3.2. Market Share & Forecast

8.2.4.3.2.1. By Nature Market Share Analysis

8.2.4.3.2.2. By Form Market Share Analysis

8.2.4.3.2.3. By Sales Channel Market Share Analysis

8.2.4.4. Australia Dried Apricots Market Outlook

8.2.4.4.1. Market Size & Forecast

8.2.4.4.1.1. By Value

8.2.4.4.2. Market Share & Forecast

8.2.4.4.2.1. By Nature Market Share Analysis

8.2.4.4.2.2. By Form Market Share Analysis

8.2.4.4.2.3. By Sales Channel Market Share Analysis

8.2.4.5. South Korea Dried Apricots Market Outlook

8.2.4.5.1. Market Size & Forecast

8.2.4.5.1.1. By Value

8.2.4.5.2. Market Share & Forecast

8.2.4.5.2.1. By Nature Market Share Analysis

8.2.4.5.2.2. By Form Market Share Analysis

8.2.4.5.2.3. By Sales Channel Market Share Analysis

9. Middle East & Africa Dried Apricots Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Nature Market Share Analysis

9.2.2. By Form Market Share Analysis

9.2.3. By Sales Channel Market Share Analysis

9.2.4. By Country Market Share Analysis

9.2.4.1. South Africa Dried Apricots Market Outlook

9.2.4.1.1. Market Size & Forecast

9.2.4.1.1.1. By Value

9.2.4.1.2. Market Share & Forecast

9.2.4.1.2.1. By Nature Market Share Analysis

9.2.4.1.2.2. By Form Market Share Analysis

9.2.4.1.2.3. By Sales Channel Market Share Analysis

9.2.4.2. Saudi Arabia Dried Apricots Market Outlook

9.2.4.2.1. Market Size & Forecast

9.2.4.2.1.1. By Value

9.2.4.2.2. Market Share & Forecast

9.2.4.2.2.1. By Nature Market Share Analysis

9.2.4.2.2.2. By Form Market Share Analysis

9.2.4.2.2.3. By Sales Channel Market Share Analysis

9.2.4.3. UAE Dried Apricots Market Outlook

9.2.4.3.1. Market Size & Forecast

9.2.4.3.1.1. By Value

9.2.4.3.2. Market Share & Forecast

9.2.4.3.2.1. By Nature Market Share Analysis

9.2.4.3.2.2. By Form Market Share Analysis

9.2.4.3.2.3. By Sales Channel Market Share Analysis

9.2.4.4. Turkey Dried Apricots Market Outlook

9.2.4.4.1. Market Size & Forecast

9.2.4.4.1.1. By Value

9.2.4.4.2. Market Share & Forecast

9.2.4.4.2.1. By Nature Market Share Analysis

9.2.4.4.2.2. By Form Market Share Analysis

9.2.4.4.2.3. By Sales Channel Market Share Analysis

10. South America Dried Apricots Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Nature Market Share Analysis

10.2.2. By Form Market Share Analysis

10.2.3. By Sales Channel Market Share Analysis

10.2.4. By Country Market Share Analysis

10.2.4.1. Argentina Dried Apricots Market Outlook

10.2.4.1.1. Market Size & Forecast

10.2.4.1.1.1. By Value

10.2.4.1.2. Market Share & Forecast

10.2.4.1.2.1. By Nature Market Share Analysis

10.2.4.1.2.2. By Form Market Share Analysis

10.2.4.1.2.3. By Sales Channel Market Share Analysis

10.2.4.2. Colombia Dried Apricots Market Outlook

10.2.4.2.1. Market Size & Forecast

10.2.4.2.1.1. By Value

10.2.4.2.2. Market Share & Forecast

10.2.4.2.2.1. By Nature Market Share Analysis

10.2.4.2.2.2. By Form Market Share Analysis

10.2.4.2.2.3. By Sales Channel Market Share Analysis

10.2.4.3. Brazil Dried Apricots Market Outlook

10.2.4.3.1. Market Size & Forecast

10.2.4.3.1.1. By Value

10.2.4.3.2. Market Share & Forecast

10.2.4.3.2.1. By Nature Market Share Analysis

10.2.4.3.2.2. By Form Market Share Analysis

10.2.4.3.2.3. By Sales Channel Market Share Analysis

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Impact of COVID-19 on Global Dried Apricots Market

12.1. Impact Assessment Model

12.1.1. Key Segments Impacted

12.1.2. Key Regions Impacted

12.1.3. Key Countries Impacted

13. Market Trends & Developments

14. Porter’s Five Forces Model

14.1. Competitive Rivalry

14.2. Bargaining Power of Buyers

14.3. Bargaining Power of Suppliers

14.4. Threat of New Entrants

14.5. Threat of Substitutes

15. SWOT Analysis

15.1. Strengths

15.2. Weaknesses

15.3. Opportunities

15.4. Threats

16. Competitive Landscape

16.1. Company Profiles

16.1.1. NationalRaisin Company

16.1.1.1. Company Details

16.1.1.2. Products

16.1.1.3. Financials (As Per Availability)

16.1.1.4. Key Market Focus & Geographical Presence

16.1.1.5. Recent Developments

16.1.1.6. Key Management Personnel

16.1.2. Anatolia

16.1.2.1. Company Details

16.1.2.2. Products

16.1.2.3. Financials (As Per Availability)

16.1.2.4. Key Market Focus & Geographical Presence

16.1.2.5. Recent Developments

16.1.2.6. Key Management Personnel

16.1.3. Ziba Foods

16.1.3.1. Company Details

16.1.3.2. Products

16.1.3.3. Financials (As Per Availability)

16.1.3.4. Key Market Focus & Geographical Presence

16.1.3.5. Recent Developments

16.1.3.6. Key Management Personnel

16.1.4. Bata Food

16.1.4.1. Company Details

16.1.4.2. Products

16.1.4.3. Financials (As Per Availability)

16.1.4.4. Key Market Focus & Geographical Presence

16.1.4.5. Recent Developments

16.1.4.6. Key Management Personnel

16.1.5. Sun-Maid Growers of California

16.1.5.1. Company Details

16.1.5.2. Products

16.1.5.3. Financials (As Per Availability)

16.1.5.4. Key Market Focus & Geographical Presence

16.1.5.5. Recent Developments

16.1.5.6. Key Management Personnel

16.1.6. Traina Home Grown

16.1.6.1. Company Details

16.1.6.2. Products

16.1.6.3. Financials (As Per Availability)

16.1.6.4. Key Market Focus & Geographical Presence

16.1.6.5. Recent Developments

16.1.6.6. Key Management Personnel

16.1.7. ApricotKing

16.1.7.1. Company Details

16.1.7.2. Products

16.1.7.3. Financials (As Per Availability)

16.1.7.4. Key Market Focus & Geographical Presence

16.1.7.5. Recent Developments

16.1.7.6. Key Management Personnel

16.1.8. Bergin Fruit and Nut Company

16.1.8.1. Company Details

16.1.8.2. Products

16.1.8.3. Financials (As Per Availability)

16.1.8.4. Key Market Focus & Geographical Presence

16.1.8.5. Recent Developments

16.1.8.6. Key Management Personnel

16.1.9. Sahra Apricots

16.1.9.1. Company Details

16.1.9.2. Products

16.1.9.3. Financials (As Per Availability)

16.1.9.4. Key Market Focus & Geographical Presence

16.1.9.5. Recent Developments

16.1.9.6. Key Management Personnel

16.1.10. Purcell Mountain Farms

16.1.10.1. Company Details

16.1.10.2. Products

16.1.10.3. Financials (As Per Availability)

16.1.10.4. Key Market Focus & Geographical Presence

16.1.10.5. Recent Developments

16.1.10.6. Key Management Personnel

17. Strategic Recommendations/Action Plan

17.1. Key Focus Areas

17.2. Target Form

17.3. Target Sales Channel

18. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the global dried apricots market in 2022?

The market size of the global dried apricots market is estimated to be USD878 million in 2022.

What are the factors that drive the growth of the global dried apricots market?

The growth of the global dried apricots market is driven by increasing consumer demand for healthier snacking options and nutritious ingredients, along with the rising awareness of the health benefits of dried apricots, such as their vitamins, minerals, and dietary fiber content.

What are the trends in the global dried apricots market?

The global dried apricots market is witnessing trends such as the rise of healthier snacking, with consumers seeking nutrient-rich options, and the exploration of culinary versatility, as dried apricots are embraced in both sweet and savory dishes.

What are the major challenges in the global dried apricots market?

Major challenges in the global dried apricots market include maintaining consistent quality across batches due to variations in drying methods and weather conditions, as well as addressing environmental concerns related to packaging sustainability and food miles in an increasingly eco-conscious consumer landscape.

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Parvati Sharma

Account Manager BD

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Press Release

Dried Apricots Market is Fueled by Online Segment During the Forecast Period

Sep, 2023

The Global Dried Apricots Market is being driven by a combination of factors such as nutritional awareness, convenience, versatility, and the cultural diversity of culinary traditions.

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