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.
The global raisins market is expected to register a notable
growth rate during the forecast period. Growth of the organized retail
sector in Asia-Pacific is another key factor supporting the growth of the
global raisins market. Asia-Pacific is considered as the key market globally as
it offers excellent growth prospects for the raisins market. Rising consumer
preference for organic products is expected to offer numerous growth
opportunities to the market players during the upcoming years. It has been
observed that the demand for organic products has grown tremendously in most of
the developed countries in the past few years. However, side effects of
consumption of raisins may hamper the growth of the Global Raisins Market.
Regional Analysis
Geographically, the Global Raisins Market has been
segregated into North America, Europe, Asia-Pacific, and the Rest of the World.
As per MRFR analysis, Europe accounted for a dominant share of the global
market in 2019, with Germany being the major consumer of raisins. Moreover, it
is expected to be the most lucrative regional market for raisins manufacturers
during the review period. The market in Asia-Pacific also accounted for a
significant share in 2019. China is a key contributor to the growth of the
raisins market in the region. The increasing consumer preference for organic
and healthy food is anticipated to boost Europe’s market growth during the
forecast period. The Rest of the World is projected to register a CAGR of 4.65%
during the forecast 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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