Raisins Market Forecast till 2028

Description

Global Raisins Market Analysis

Market Overview

The global market for raisins is expected to grow at a substantial rate during the forecast period. Raisins are a type of dried grape that is eaten by people all around the world, both by themselves and in recipes. To make them, grapes are dried either in food dehydrator or the sun, so that their nutrient content is retained.

Raisins, made from green grapes or dried black grapes are a fruity and sweet ingredient that have many uses in both sweet and savoury recipes. They are full of energy, fibre, vitamins, minerals, and antioxidants, as well as iron, which supports cardio health, and calcium, which enhances bone health. This has led to an increase in the usage of raisins in cooking and baking, as they are found in a variety of dishes from all over the world.

The popularity of cross-cultural cuisines has also contributed to the rising demand for raisins, as well as the growing trend of millennials experimenting with new recipes in their spare time. All of these factors have led to an increasing interest in raisins.

Segment Overview

The category, distribution channel, packaging type, and regional segments have been used to divide the market for global raisins market. The market has been bifurcated into conventional and organic based on the category of raisins. Organic segment is likely to stand among other segments over the forecast period.

The packaging type segment has been divided into pouches, jars/bottles, boxes, and cans. The distribution channel segment has been bifurcated into store-based and non-store-based categories.

Regional Analysis

The global raisins market is divided into key regions: Americas, Europe, the Middle East & Africa and Asia-Pacific. The demand for raisins in European region is rapidly increasing due to the rising preference for organic and healthy food.

The Soil Association Limited estimates that in 2020, the US accounted for 46% of global sales of organic goods, while Germany and France each accounted for 11% and 8%, demonstrating the strong demand for natural and organic goods in North America and Europe. Moreover, the increased consumption of dried fruits, including raisins, is further driving the growth of the regional market.

They also contain various phytochemicals such as hydro cinnamic acids, epicatechins, flavonoids, resveratrol, and phytoestrogens. As a result, the daily consumption of raisins is essential for a healthy lifestyle, further driving the growth of the raisins market.

Major Players

National Raisin Company, Murray River Organics Ltd., Sun-Maid Growers of California, Dole Packaged Foods LLC, and Del Monte Foods, Inc are some of the affluent contenders holding sizeable raisins market share.

COVID 19 Impacts

The COVID-19 pandemic has impacted drastically on the raisins market, with supply chain disruptions and significant losses resulting from the shutting of main assembly points. The raisins market is experiencing an imbalance between demand and supply due to the pandemic. To make money from raisins, farmers have resorted to drying grapes in the vineyards. This has resulted in an increase in raisin supply; however, demand has not kept up with the pace. The restrictions on trading have disrupted the raisins supply chain, resulting in negative effects on the overall raisins market.

TABLE OF CONTENT

1 EXECUTIVE SUMMARY 13

1.1 MARKET ATTRACTIVENESS ANALYSIS 14

1.1.1 GLOBAL RAISINS MARKET, BY CATEGORY 14

1.1.2 GLOBAL RAISINS MARKET, BY PACKAGING TYPE 15

1.1.3 GLOBAL RAISINS MARKET, BY DISTRIBUTION CHANNEL 16

1.1.4 GLOBAL RAISINS MARKET, BY REGION 17

2 MARKET INTRODUCTION 18

2.1 DEFINITION 18

2.2 SCOPE OF THE STUDY 18

2.3 RESEARCH OBJECTIVE 18

2.4 MARKET STRUCTURE 18

2.5 KEY BUYING CRITERIA 19

3 RESEARCH METHODOLOGY 20

3.1 RESEARCH PROCESS 20

3.2 PRIMARY RESEARCH 21

3.3 SECONDARY RESEARCH 22

3.4 MARKET SIZE ESTIMATION 22

3.5 FORECAST MODEL 24

3.6 LIST OF ASSUMPTIONS & LIMITATIONS 24

4 MARKET DYNAMICS 25

4.1 DRIVERS 26

4.1.1 INCREASING USE OF RAISINS FOR CULINARY PURPOSE 26

4.1.2 GROWTH OF THE ORGANIZED RETAIL SECTOR IN ASIA-PACIFIC 26

4.1.3 DRIVERS IMPACT ANALYSIS 27

4.2 RESTRAINT 27

4.2.1 SIDE EFFECTS OF OVERCONSUMPTION OF RAISINS 27

4.2.2 RESTRAINTS IMPACT ANALYSIS 28

4.3 OPPORTUNITIES 28

4.3.1 RISING CONSUMER PREFERENCE FOR ORGANIC PRODUCTS 28

5 MARKET FACTOR ANALYSIS 29

5.1 VALUE CHAIN ANALYSIS 29

5.1.1 RAW MATERIAL PROCUREMENT 30

5.1.2 PROCESSING 30

5.1.3 PACKAGING 30

5.2 SUPPLY CHAIN ANALYSIS 31

5.3 PORTER’S FIVE FORCES MODEL 32

5.3.1 THREAT OF NEW ENTRANTS 32

5.3.2 BARGAINING POWER OF SUPPLIERS 33

5.3.3 BARGAINING POWER OF BUYERS 33

5.3.4 THREAT OF SUBSTITUTES 33

5.3.5 RIVALRY 33

5.4 IMPACT OF COVID-19 PANDEMIC ON THE GLOBAL RAISINS MARKET 34

6 GLOBAL RAISINS MARKET, BY CATEGORY 36

6.1 OVERVIEW 36

6.1.1 GLOBAL RAISINS MARKET ESTIMATES & FORECAST, BY CATEGORY, 2019–2028 37

6.2 CONVENTIONAL 37

6.2.1 CONVENTIONAL: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 37

6.3 ORGANIC 38

6.3.1 ORGANIC: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 38

7 GLOBAL RAISINS MARKET, BY PACKAGING TYPE 39

7.1 OVERVIEW 39

7.1.1 GLOBAL RAISINS MARKET ESTIMATES & FORECAST, BY PACKAGING TYPE, 2019–2028 40

7.2 POUCHES 40

7.2.1 POUCHES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 40

7.3 JARS & BOTTLES 40

7.3.1 JARS & BOTTLES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 41

7.4 BOXES 41

7.4.1 BOXES: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 41

7.5 CANS 42

7.5.1 CANS: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 42

8 GLOBAL RAISINS MARKET, BY DISTRIBUTION CHANNEL 43

8.1 OVERVIEW 43

8.1.1 GLOBAL RAISINS MARKET ESTIMATES & FORECAST, BY DISTRIBUTION CHANNEL, 2019–2028 44

8.2 STORE-BASED 44

8.2.1 STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 44

8.3 NON-STORE-BASED 45

8.3.1 NON-STORE-BASED: MARKET ESTIMATES & FORECAST, BY REGION, 2019–2028 45

9 GLOBAL RAISINS MARKET, BY REGION 46

9.1 OVERVIEW 46

9.2 NORTH AMERICA 48

9.2.1 US 50

9.2.2 CANADA 51

9.2.3 MEXICO 52

9.3 EUROPE 53

9.3.1 UK 55

9.3.2 GERMANY 56

9.3.3 FRANCE 57

9.3.4 ITALY 58

9.3.5 SPAIN 59

9.3.6 REST OF EUROPE 60

9.4 ASIA-PACIFIC 61

9.4.1 CHINA 63

9.4.2 INDIA 64

9.4.3 JAPAN 65

9.4.4 AUSTRALIA & NEW ZEALAND 66

9.4.5 REST OF ASIA-PACIFIC 67

9.5 REST OF THE WORLD 68

9.5.1 SOUTH AMERICA 70

9.5.2 MIDDLE EAST 71

9.5.3 AFRICA 72

10 COMPETITIVE LANDSCAPE 73

10.1 INTRODUCTION 73

10.2 COMPETITIVE BENCHMARKING 74

10.3 KEY DEVELOPMENTS 74

10.3.1 PRODUCT LAUNCH 74

11 COMPANY PROFILES 75

11.1 MURRAY RIVER ORGANICS LTD 75

11.1.1 COMPANY OVERVIEW 75

11.1.2 FINANCIAL OVERVIEW 75

11.1.3 PRODUCTS OFFERED 76

11.1.4 KEY DEVELOPMENTS 76

11.1.5 SWOT ANALYSIS 76

11.1.6 KEY STRATEGIES 76

11.2 SUN-MAID GROWERS OF CALIFORNIA 77

11.2.1 COMPANY OVERVIEW 77

11.2.2 FINANCIAL OVERVIEW 77

11.2.3 PRODUCTS OFFERED 77

11.2.4 KEY DEVELOPMENTS 77

11.2.5 SWOT ANALYSIS 78

11.2.6 KEY STRATEGIES 78

11.3 DEL MONTE FOODS, INC. 79

11.3.1 COMPANY OVERVIEW 79

11.3.2 FINANCIAL OVERVIEW 79

11.3.3 PRODUCTS OFFERED 79

11.3.4 KEY DEVELOPMENTS 79

11.3.5 SWOT ANALYSIS 80

11.3.6 KEY STRATEGIES 80

11.4 DOLE PACKAGED FOODS LLC. 81

11.4.1 COMPANY OVERVIEW 81

11.4.2 FINANCIAL OVERVIEW 81

11.4.3 PRODUCTS OFFERED 81

11.4.4 KEY DEVELOPMENTS 81

11.4.5 SWOT ANALYSIS 82

11.4.6 KEY STRATEGIES 82

11.5 NATIONAL RAISIN COMPANY 83

11.5.1 COMPANY OVERVIEW 83

11.5.2 FINANCIAL OVERVIEW 83

11.5.3 PRODUCTS OFFERED 83

11.5.4 KEY DEVELOPMENTS 84

11.5.5 SWOT ANALYSIS 84

11.5.6 KEY STRATEGIES 84

11.6 MARIANI PACKING COMPANY. 85

11.6.1 COMPANY OVERVIEW 85

11.6.2 FINANCIAL OVERVIEW 85

11.6.3 PRODUCTS OFFERED 85

11.6.4 KEY DEVELOPMENTS 85

11.6.5 KEY STRATEGIES 85

11.7 ARIMEX 86

11.7.1 COMPANY OVERVIEW 86

11.7.2 FINANCIAL OVERVIEW 86

11.7.3 PRODUCTS OFFERED 86

11.7.4 KEY DEVELOPMENTS 86

11.7.5 KEY STRATEGIES 86

11.8 H.B.S. FOODS LTD 87

11.8.1 COMPANY OVERVIEW 87

11.8.2 FINANCIAL OVERVIEW 87

11.8.3 PRODUCTS OFFERED 87

11.8.4 KEY DEVELOPMENTS 87

11.8.5 KEY STRATEGIES 87

11.9 BOB’S RED MILL NATURAL FOODS 88

11.9.1 COMPANY OVERVIEW 88

11.9.2 FINANCIAL OVERVIEW 88

11.9.3 PRODUCTS OFFERED 88

11.9.4 KEY DEVELOPMENTS 88

11.9.5 KEY STRATEGIES 88

11.10 NEWMAN’S OWN 89

11.10.1 COMPANY OVERVIEW 89

11.10.2 FINANCIAL OVERVIEW 89

11.10.3 PRODUCTS OFFERED 89

11.10.4 KEY DEVELOPMENTS 89

11.10.5 KEY STRATEGIES 89

12 REFERENCES 90