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![Dried Fruit Ingredients Market Overview, Scope and Driving Demand, 2018-2026](https://fortunetelleroracle.com/business/public/index.php/upload/media/posts/2021-08/23/dried-fruit-ingredients-market-overview-scope-and-driving-demand-2018-2026_1629727488-b.jpg)
TransparencyMarket Research (TMR) has published its recent report on the global dried fruitingredients market. According to the report the market is dominated by some ofthe prominent players across the globe. Some of these players are SunshineRaisin Corporation, Jab Dried Fruit Products (Pty) Ltd, Bergin Fruit CompanyInc., Vkc Nuts Private Limited, Viva Bella Orchards Inc, and Traina Dried FruitInc. In order to achieve a competitive edge over their competitors areimplementing strategic steps such as mergers, partnerships, and collaborations.They are also acquiring some small and medium scale companies in order toexpand their production and customer domain in the global dried fruitingredient market.
Accordingto TMR, the global dried fruitsingredients market shallwitness remarkable growth in the forecast period of 2018 to 2026. The marketwill grow with a CAGR of 5.1% in the forecast period. The report covers anoverall analysis of the global dried fruit ingredients market. It providesinsight on every aspect of the market. TMR report also provides an in-depthanalysis of various facets of the global automotive interior materialsmarket.
Thereport categorizes the market into various categories such as type, form, andapplication. These categories have further segmentation such as organic andinorganic in type category. Out of all the segments, the organic dried fruitingredient segment shall lead the dried fruit ingredient market globally. Thesegment is likely to exhibit a 6.1% growth rate. The growth is the result ofincreasing health awareness among consumers and the benefits the products offerto the consumers.
Althoughthe presence of dried fruit ingredients market spans across the globe. However,Asia Pacific is expected to lead the market says TMR report. The region tendsto exhibit exceptional growth owing to various constraints such as risingconsumption of dried fruits in various food items. Also, favorable governmentpolicies regarding food additives and application of dried fruits in variousconfectionaries and desserts are some of the reason that makes dried fruitsingredients market to be led by Asia Pacific.
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IncreasingPreference of Organic Dried Fruits Shall Drive Growth For the Market
Asa result of rising health consciousness regarding food consumption by theconsumers, the global dried fruits ingredients market is likely to witness theprojected growth in the forecast period. Organic dried fruits ingredients shallhave high preference over conventional ones as a result of no side-effectsshown by the products. Other driving factors such as rising demand forfiber-rich food products is also one of the most prominent reasons that aredriving the growth of the global dried fruits ingredient market in the forecastperiod.
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Thegrowth of the global dried fruits ingredients market is also attributed to thehigh penetration of consistently launched food products into the market. Also,as a result of changing the lifestyle of the consumers across the globe andrising disposable income coupled with an increasing number of working women aresome more driving factors that are influencing the growth of global driedfruits ingredients market in the forecast period.
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Applicationof Dried Fruits as Natural Sweeteners Shall Overcome the High-Cost Issues
Theproduction of dried fruit ingredients is quite expensive. It requires extensivecare while production is under process. This, as a result, increases the costof production which may hamper the growth of the global dried fruit ingredientsmarket. However, looking at the fact that dried fruit ingredients have naturalsugar content in them.
Thisnatural sugar content is healthier than conventional sugar for the consumersand provides many business opportunities for the producers in the market. Theopportunity posed by this constituent of dried fruit ingredients, producers aimto score big dried fruit ingredients market in the forecast period. \
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