The article cited AMA's Global Dry Fruits Market Study explored substantial growth with CAGR of 5.5%. According the report, Growing Demand of Innovative Blends and Mixes Combining Different Dry Fruits is one of the primary growth factors for the market. Increasing obesity rate
is also expected to contribute significantly to the Dry Fruits market. Overall, Dairy Products
applications of Dry Fruits, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as Sun-Maid (United States), Olam International (Singapore), Arimex (Finland), Sunbeam Foods (Australia), Diamond Foods, Inc. (United States), The Archer Daniels Midland Company (United States), Hines Nut Company (United States) and H.B.S. Foods ltd.(United Kingdom) may see astonishing sales in this Market and certainly improve revenue growth.
The Distribution Channel, such as Supermarket and Hypermarket, is boosting the Dry Fruits market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Dry Fruits market identified that the demand is rising in many different parts of the world as "Increasing middle class population & inclination towards healthy diets". Furthermore, some recent industry insights like "In November 2023, Nutraj, a leading dry fruit and nuts brand, announced a strategic partnership with Go Nuts, a Mumbai-based online retailer specializing in premium dry fruits. This collaboration aims to expand Nutraj's reach in the online market and leverage Go Nuts' strong distribution network." is constantly making the industry dynamic. One of the challenges that industry facing is "Low-Quality Products Offered by Local Players"
The report provides an in-depth analysis and forecast about the industry covering the following key features:
Detailed Overview of Dry Fruits market will help deliver clients and businesses making strategies. Influencing factors that thriving demand and latest trend running in the market What is the market concentration? Is it fragmented or highly concentrated? What trends, challenges and barriers will impact the development and sizing of Dry Fruits market SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights. What growth momentum or downgrade market may carry during the forecast period? Which region may tap highest market share in coming era? What focused approach and constraints are holding the Dry Fruits market tight? Which application/end-user category or Product Type [Dry Dates, Dry Grape, Dry Prunes, Dry Apricots, Dry Figs, Dry Longan, Dry Jujube, Dry Persimmon and Other Dry Fruits] may seek incremental growth prospects? What would be the market share of key countries like Germany, USA, France, China etc.?
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Dry Fruits market and other related sub-markets covered in the study.
o Key & emerging players in the Dry Fruits market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Dry Fruits market size is calculated using market estimation process, the Dry Fruits market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Dry Fruits market size has been validated using both top-down and bottom-up approaches.