Shift to Healthier Food Habits Drives the Global Dried Fruits and Edible Nuts Market, According to New Report by Global Industry Analysts, Inc.
San Jose, California (PRWEB) April 01, 2014 -- Follow us on LinkedIn. – Global consumption of dried fruits and edible nuts is steadily increasing driven by changing lifestyles, rising health consciousness as reflected by the increase in number of enrollments at gyms, spas and yoga centers, and the growing focus on preventive healthcare against the backdrop of rising healthcare expenditures. A variety of dry fruits & edible nuts such as prunes, almonds, Brazil nut, raisins, pine nuts, walnuts, hazelnuts, dried figs and apricots, pecans, and peanuts among others, are consumed regularly. Apart from the plethora of health and energy benefits offered, dried fruits & edible nuts also offer the convenience of a quick, easy snack, a key factor cited for increasing consumer preference. Ease of storage, long shelf-life, portability, minimal seasonality issues, lower costs and natural resistance to spoilage are making dried fruits & edible nuts a popular snacking alternative.
The removal of water content during the drying process makes dried fruits less perishable, easier-to-handle and cheaper to transport. Moreover, these naturally sweet and flavored foods can be consumed directly or used in cooking without any loss in texture or form. Dried fruits are especially popular as effective and nutritionally rich alternative in countries with cold weather conditions where fresh fruits are not easily available. With studies indicating that a vast majority of population eat much less than the recommended amount of fruits, dried fruits are increasingly being considered as a natural means to increase consumption of fruits to reduce the gap between actual and recommended fruit intake.
Dried fruits and edible nuts are also increasingly being used in the production of healthy processed foods. Acceptance of nuts and dried fruits as true health foods is encouraging food processing companies to include nuts into their product recipes. Chocolate manufacturers, for instance, have been the first to include dried fruits in chocolate recipes largely due to their flavor enhancing ability and perceived health benefits. Gourmet chocolate covered in dried fruits is poised to witness strong demand in the coming years. Dried fruits popularly used in chocolates include cranberries, blueberries, blackberries, cherries, dried figs, and freeze-dried raspberries, among others. The inclusion of dried fruits & nuts in addition to classic ingredients helps build the health image of food products and meet the taste and nutrition needs of consumers. Rising consumer awareness over the benefits offered have been instrumental in boosting demand for nuts and dried fruits.
Presently, dried fruits and nuts are serving as marketing strategies to refine the appeal of food products to highly focused consumer categories. For instance, companies are increasingly using nuts and dried foods as key ingredients in premium food ranges. Retailers are also innovating on the placement of dried fruits and nuts products on the aisles in supermarkets and grocery stores. Dried fruits and nuts are being positioned as snacks, and are being placed in snacks aisles, rather than the bakery products aisles where they were traditionally placed.
As stated by the new market research report on Dried Fruits and Edible Nuts, Asia-Pacific represents the largest and the fastest growing market worldwide with a CAGR of 5.3% and 6.5% for dried fruits and edible nuts, respectively. Consumption in the region is mainly driven by the growing affluence of the middle class population, rising health consciousness among consumers and the growing acceptance of newer packaged food formats made from nutritious ingredients. In order to meet domestic consumption demands, countries such as India and China are importing large quantities of dried fruits and edible nuts. Peanuts represent the largest segment in the global edible nuts market, while tree nuts are projected to spearhead growth in the market.
Key players covered in the report include Arimex Ltd., Mariani Packing Co Inc., National Raisin Company, Ocean Spray Cranberries Inc., Olam International Ltd., Papagan Dried Fruit Co, Paradise Inc., Peyman Kuruyemis Sanayi ve Ticaret AS, S&W Fine Foods Inc., Sunbeam Foods Pty Ltd., Sun-Maid Growers Of California, and Sunsweet Growers Inc., among others.
The research report titled “Dried Fruits and Edible Nuts: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a compressive review of market trends, drivers, issues, challenges, and mergers, acquisitions and other strategic industry activities of major companies worldwide. The report provides market estimates and projections for Dried Fruits and Edible Nuts, across all major geographic markets including US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Latin America and Rest of World. The report also analyzes the global and regional markets for Dried Fruits and Edible Nuts independently in terms of volume consumption. Further, the report analyzes the global and US market for Dried Fruits by the following product segments - Dried Grapes, Prunes, Dried Apricots, Dried Figs and Dates. The report also provides market estimates and projections for Edible Nuts by the following product segments - Peanuts and Tree Nuts (Almonds, Cashews, Walnuts, Hazelnuts, Pecans, Pistachios and Others).
For more details about this comprehensive market research report, please visit http://www.strategyr.com/Dried_Fruit_and_Edible_Nuts_Market_Report.asp.
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Global Industry Analysts, Inc.
Telephone: 408-528-9966
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Raghu Gopal, Global Industry Analysts Inc, +1 408-528-9966, [email protected]
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