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Raisins Market Forecast: Examining the 4.8% CAGR from 2023 to 2029


The Raisins market was valued at US$ 3673.3 Mn. in 2022, with a CAGR of 4.8% for the period 2023-2029.

Raisins Market Overview

The extensive Raisins Market report, undertaken by Maximize Market Research, offers an intricate regional analysis and competitive overview. Projections signal significant market expansion, with revenues projected to elevate from the forecast timeframe. This analysis furnishes valuable insights to businesses and investors aiming to leverage the market’s promising prospects.

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Raisins Market Scope and Methodology

The Raisins Market report offers insights into current trends, key highlights, drivers, challenges, and restraints. It includes market size estimations and growth rates during the forecast period. Regional analysis provides a holistic view, and the competitive landscape is examined using various parameters. Employing a bottom-up approach, data is collected through primary and secondary sources, and qualitative and quantitative analysis is conducted. Research tools like SWOT, PESTLE, and Porter’s Five Forces enhance market analysis. The report is a valuable guide for investors, stakeholders, and market followers, aiding informed decisions in the Raisins Market.

Raisins Market Dynamics

Changes in eating habits caused by urbanization, as well as a desire for novel flavours, are expected to boost the global market's growth. Hectic lifestyles and 24-hour workdays, combined with increased demand and preference for ready-to-eat foods, dried and frozen items, and healthy snack options, are gaining traction around the world. It also has the advantage of containing a variety of nutrients and flavours, as well as having a long shelf life. These are critical factors propelling the worldwide raisins sector forward.

The availability of raisins substitutes such as dried currants, prunes, dried cranberries, dried cherries, dried apricot, dried pineapple, and so on is predicted to limit revenue growth and demand for raisins in numerous food processing industries. These items can be finely minced to reduce them to raisin size and provide a new touch on the traditional flavour. Furthermore, government laws or requirements for import/export food goods are likely to stymie revenue growth in this target market.

Raisins Market Regional Insights

The Asia-Pacific region capitalizes on urbanization and industrialization, meeting escalating energy needs. Latin America’s potential lies in renewable energy emphasis, with ample resources and government initiatives. Meanwhile, the Middle East & Africa’s growing interest is fueled by energy diversification goals and increasing investments in renewables, underpinned by favorable conditions for sustainable energy adoption. The Raisins market’s regional landscape reveals distinctive dynamics. In North America, technological advancements and consumer preferences propel growth, supported by robust distribution networks. Europe’s sustainable focus and stringent regulations drive a steady market expansion.

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Raisins Market Segmentation

by Nature

• Organic
• Conventional

by End-user

Food Industry
Food Service Providers
Households

by Type

Natural Seedless
Golden Seedless
Black Currant
Sultana
Muscat
Monukka

by Distribution Channel

Hypermarket/Supermarket
Convenience Stores
Online Stores
Other Distribution Channels

Raisins Market Key Players

1. Sunbeam Foods Pty Ltd.
2. Dole Food Company, Inc.
3. Geobres Nemean Currants
4. Sultana Raisins S.A.
5. Bergin Fruit and Nut Company Inc.
6. Sun-Maid Growers of California
7. Kiantama Oy
8. Sunsweet Growers Inc.
9. Citadelle Maple Syrup Producers’ Cooperative
10. Decas Cranberry Products, Inc.
11. Traina Foods, Inc.
12. Lion Raisins Inc.
13. JAB Dried Fruit Products (Pty) Ltd.
14. Murray River Organics Ltd
15. Del Monte Foods, Inc.
16. National Raisin Company
17. Mariani Packing Company
18. Arimex
19. HBS Foods Ltd
20. Bob’s Red Mill Natural Foods
21. Newman's Own
22. Others

Key questions answered in the Raisins Market are:

  • What is Raisins?
  • What was the Raisins market size in 2022?
  • What are the different segments of the Raisins Market?
  • What growth strategies are the players considering to increase their presence in Raisins?
  • What are the upcoming industry applications and trends for the Raisins Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Raisins Market?
  • What major challenges could the Raisins Market face in the future?
  • What segments are covered in the Raisins Market?
  • Who are the leading companies and what are their portfolios in Raisins Market?
  • What segments are covered in the Raisins Market?
  • Who are the key players in the Raisins market?

Delve into further information by selecting the provided link:- https://www.maximizemarketresearch.com/market-report/global-raisins-market/29649/ 

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2023−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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