Dry Fruits Market Size, Share, Growth Analysis, By Type(Table Dates, Dried Grapes, Dried Figs, Dried Apricots), By Application(Bakery, Confectionery, Breakfast Cereals, Snacks), By Region - Industry Forecast 2024-2031

Dry Fruits Market size was valued at USD 9.10 billion in 2022 and is poised to grow from USD 9.66 billion in 2023 to USD 15.64 billion by 2031, growing at a CAGR of 6.2% in the forecast period (2024-2031).

The market for dried fruit is being driven by changing customer preferences for healthy and nourishing foods as a result of an increase in obesity and an ageing population. The demand for dried fruit has grown over time due to a rise in the popularity of nutrient-dense packaged foods as well as the widespread use of dried fruit in the dairy, bakery, snack, and confectionery sectors. Past researches addressing the product's significance in weight management and disease prevention have influenced dried fruit demand. Various varieties of dehydrated fruits and vegetables have been shown in scientific research to reduce the chance of various malignancies progressing. According to a study titled Dried Fruit Intake and Cancer, eating dried fruit may lower your risk of getting some cancers, such as those of the prostate, pancreatic, stomach, colon, and bladder. Customers have as a result started integrating dried fruit in their diets.

Over the past few years, a growing trend of on-the-go snacking has accelerated market expansion. Dried fruits are a well-liked healthy snack due to traits like low perishability and portability. Additionally, dried fruit has become a very popular addition to salads, baked goods, oatmeal, snacks, and desserts. As they give a rich flavour and nutrition to chocolates, raisins have been increasingly popular over the past several years in the chocolate industry.

US Dry Fruits Market is poised to grow at a sustainable CAGR for the next forecast year.