Global Raisins Market is estimated to be valued at USD 2,782.2 Million
by 2026, registering a CAGR of 4.77% during the forecast period. The
rising demand of raisins can be attributed to its increased usage for culinary
purpose. Raisins are made from dried black or green grapes that are sweet and
fruity and used in several sweet and savory recipes. The health benefits
associated with the consumption of raisins is driving its usage in cooking and
baking. Raisins are used in various foods, from sweet bread and desserts to
savory dishes found in cuisines throughout the world.
Europe was the largest market for raisins in 2019, and the
region is expected to continue to dominate the global market during the review
period. Germany was the largest country-level market with a share of 22.14% in
2019. However, Italy is projected to register substantial growth rate during
the study period. Increasing consumer preference for organic and healthy food
is anticipated to boost the demand for the raisins in Europe.
Segmental Analysis
Global Raisins Market has been segmented based on Category,
Packaging Type, Distribution Channel, and Region.
By category, the market has been divided into conventional and
organic. The conventional segment accounted for a larger market
share in 2019. The segment is expected to exhibit a slower growth rate during
the forecast period owing to the shifting consumer preference towards organic
food and ingredients. However, the organic segment is projected to be a
faster-growing segment during the forecast period.
Based on packaging type, the market has been segmented into
pouches, jars & bottles, and others. The pouches segment accounted for the
largest market share in 2019 and is expected to register the highest CAGR
during the forecast period.
Based on distribution channel, the market has been segmented
into store-based and non-store based. The store-based segment has further been
divided into supermarkets & hypermarkets, convenience stores, and others.
The supermarkets & hypermarkets segment is projected to be the
fastest-growing sub-segment during the review period. Convenience stores also
play a significant role in the distribution of raisins. However, the
non-store-based segment is projected to exhibit a higher growth rate during the
review period.
Key Players
Market Research Future recognizes Murray River Organics
Ltd (Australia), Sun-Maid Growers of California (US), Del Monte Foods, Inc.
(US), Dole Packaged Foods LLC (US), National Raisin Company (US), Mariani
Packing Company (US), Arimex (Europe), HBS Foods Ltd (UK), Bob’s Red Mill
Natural Foods (US), and Newman's Own (US) are the Key Players in the
Global Raisins Market.
Complete Report Details @ https://www.marketresearchfuture.com/reports/raisins-market-6793
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