Raisins Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type ; Nature ; End User ; Distribution Channel ; and Geography

Raisins Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type ; Nature ; End User ; Distribution Channel ; and Geography

  • October 2020 •
  • 175 pages •
  • Report ID: 5988385 •
  • Format: PDF
The global raisins market was valued at US$ 2,216.70million in 2019 and is projected to reach US$ 3,191.36 million by 2027; it is expected to grow at a CAGR of 4.7% from 2020 to 2027.

Raisins are small sized dry fruits that contain an abundance of nutrients.Raisins are actually grapes that have been dried under the sun or in a food dehydrator.

Raisins are produced in various regions across the worldand are consumed raw or used in baking, cooking, and brewing.The color of the raisins depends on the grapes used.

According to the USDA National Nutrient Database, raisins are rich in protein, fiber, and carbohydrates. They are extremely effective in relieving constipation and curing hypertension.

Based on product type, theraisins market issub segmented into natural seedless, golden seedless, black currant, sultana, Muscat, and monukka. The sultana segment accounted for a larger share of the market in 2019.Sultana raisins are from the large, yellow-green Sultana grapes and are particularly tart and soft. They can be purchased in health-food stores and gourmet shops. Sultanas are more popular in Europe and originated in Turkey.

On the basis of region, the raisins market is segmented into North America, Europe, AsiaPacific, South America, and the Middle East and Africa. Europeheld the largest share ofthe market in 2019, followed by North America.Europe is a mature and well-established market for raisins. The raisins market in the region is driven by the shift of consumers toward organic products and rising awareness about long term benefits offered by raisins. Europe has also known to be the highest exporter of raisin from South Africa. Further, the rise in disposable incomes coupled with rising demand for sweet products has led to the growth of the raisins market .
Akrodria, Geobres, Lion Raisins, Montagu Snacks, Red River Foods, S & B Herbafoods, Sunbeam Foods, Traina Foods, Sunsweet, and Fruits of Turkeyamong many others are among the well-established players in the global raisins market .

The raisins market size has been derived in accordance with to both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market .

Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data as well as to gain more analytical insights into the topic. Participants typically involved in this process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the raisins market .

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