Global Raisins Market Size : Industry Analysis and Forecast (2021-2027) , By Product Type, Nature, Distribution Channel,End User and Region.

Posted July 20, 2021 by james4220

The global Raisins Market Size is gaining traction due to rising awareness about health benefits due to the consumption of raisins.
Market Overview
Global Raisins Market is estimated to be valued at USD 2,782.2 Million by 2027, 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.
Competitive Landscape
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.

Market Segmentation
By category, the market has been divided into conventional and organic. The conventional segment accounted for a larger market share in 2021. 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 2021 and is expected to register the highest CAGR during the forecast period.
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Regional Analysis
Geographically, the Global Raisins Market Size 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 2021, 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 2021. 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.
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Last Updated July 20, 2021