According to the latest research by Fact.MR, the “Global Market Analysis for Dried Fruit Extracts by 2030” is a specialized and in-depth study of the chemical and materials industry with a special focus on market trend analysis. The report aims to provide an overview of the market with detailed market segmentation by type, application, end use and geography. High growth is expected for the world market in the forecast period.
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Being a fragmented market, key manufacturers have a dominant presence across regions through streamlined distribution networks. Some of the leading manufacturers are
Asia Pacific region is estimated to rise at a fastest rate over the forecast period. Cumulative application of dried fruit extracts in the production of sweet dishes, baked foods and other confectionaries are stimulating the demand for the product in the region.
Development in the market is aided by the increased acceptance of rich diets in apricots, almonds, raisins, prunes and figs. It is expected to grow in popularity as a rich nutritionally alternative to fruits, especially in countries with cold weather conditions. Consumption in the Asia-Pacific region is determined by the rising prosperity of the health consciousness among consumers and rising middle-class population and the swelling acceptance for packaged food with nutritious constituents.
Also, expanded retailers, along with growing procuring power in the developed and developing countries like China and India, is projected to increase the demand for foods with rich nutrients. Right packaging, enhanced availability and growing consciousness about the health needs have been driving the demand in this region.
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North America is one of the leading producer and consumer of dried fruit extracts. Dried fruits extracts are experiencing huge demand in the region due to the rising number of studies that shows a number of health benefits by dried fruits extracts including weight management and disease prevention.
Research studies says that a few types of dried fruit extracts can help in reducing the risk of certain diseases. These dynamics are influencing North American people to pick suitable extracts and translate into significant value. The growing popularity and importance of e-commerce sector in view of tempting benefits comprising massive discount features could contemporize lucrative opportunities to the leading key players who aim to boost their global presence among more customers.
The consumer’s preference for nutritious foods and a healthy lifestyle owing to rise in obesity and increase in aging population are the driving demands in the North American region. Furthermore, distended recognition for nutritive food and comprehensive application of dried fruits in the bakery, dairy, confection and snack industries have powered the demand over the years.
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