According to the report published by Zion Market Research, the global Dried Apricots Market size was valued at USD 690.98 Million in 2023 and is predicted to reach USD 1099.82 Million by the end of 2032. The market is expected to grow with a CAGR of 5.3% during the forecast period.
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Market for Dried Apricots: Factors of Growth
Rich in minerals and fiber, apricot is a sweet-tasting fruit with ideal carbohydrate count. Still, these bruise often, so a better approach to eat them is in the shape of dry apricots, which offer the same health advantages as fresh ones. Because of its several nutritional advantages and rich iron content, which helps battle anemia, dried apricots are becoming more and more popular globally.
The increased health consciousness is projected to drive notable future growth in the dried apricots market. People’s hectic lifestyle is preventing them from following a healthy diet, which is why dried apricots are in demand since they offer numerous nutritional value. Growing discretionary income is also predicted to stimulate the industry since customers feel free to spend more on better food choices.
Still, the usage of chemicals in these dried apricots can sour the market. Promotional and health initiatives on the advantages of dried apricots are likely to give this market future further chances for expansion.
Along with their effect on the demand over the projected period, the study covers the drivers and restraints of the dried apricots market. The paper also covers worldwide prospects seen in the dried apricot sector.
We have included a competition landscape and an analysis of Porter’s Five Forces model for the market to provide the users a whole perspective of the dried apricots industry. The report includes a market attractiveness analysis in which every category is benchmarked according on their market size, growth rate, and overall appeal.
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The Global Dried Apricots Market is segmented based on product, application and region
Global Dried Apricots Market: Product Segment Analysis
● Powdered
● Whole Dried
● Granular
Global Dried Apricots Market: Application Segment Analysis
● Food and Beverages
● Personal Care
● Pharmaceuticals
● Cosmetics
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The Global Dried Apricots market profiles key players such as:
● King Apricot
● Purcell Mountain Farms
● Bergin Fruit
● Nut
● B & R Farms
● Sun-Maid Growers of California
● JAB Dried Fruit Products
● Fruits of Turkey
Market for Dried Apricots: Regional Views
The regional component comprises the past and projected demand for North America, Europe, Asia Pacific, Latin America, the Middle East and Africa.
With rising disposable income of the regional population and a thriving food and beverage sector, North America is predicted to show notable increase in the dried apricots market over the forecast period. Because of growing health-related issues in metropolitan areas, Europe rules the dried apricot market worldwide. Regional consumers so now choose meals with great nutritional value.
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