Global Dried Apricots Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 825.10 Million |
 Market Size (Forecast Year) |
USD 1,261.47 Million |
 CAGR |
% |
| Major Markets Players |
|
Global Dried Apricots Market Segmentation, By Product (Sulphured Dried Apricot, Natural Dried Apricot and Organic Dried Apricot), Form (Powdered, Whole Dried and Diced), End-Users (Business to Business, Cosmetics, Food and Beverage, Bakery, Confectionary and Business to Customer), Distribution Channel (Store Based Retailing, Modern Grocery Retailers, Convenience Store, Forecourt Retailers, Hypermarkets, Supermarkets, Traditional Grocery Retailers, Food Specialist, Independent Small Grocers, Other Grocery Retailers and Online) – Industry Trends and Forecast to 2031.
Dried Apricots Market Analysis
The dried apricots market is expanding due to advanced drying technologies, such as freeze-drying and infrared drying, which preserve flavor and nutrients better. Growth is driven by rising health consciousness and demand for natural snacks. Innovations in packaging, such as vacuum-sealed pouches, enhance shelf life and convenience. The market is expected to grow steadily as consumer preferences shift toward healthy snacking options.
Dried Apricots Market Size
The global dried apricots market size was valued at USD 825.10 million in 2023 and is projected to reach USD 1,261.47 million by 2031, with a CAGR of 5.45% during the forecast period of 2024 to 2031.
Dried Apricots Market Trends
“Growing Health Consciousness”
The rising health consciousness among consumers is significantly driving the growth of the dried apricots market. As people increasingly seek out nutritious, convenient snack options, dried apricot have gained popularity due to their health benefits, including high fiber content, vitamins, and antioxidants. For instance, the global trend toward cleaner eating and natural ingredients has led to a surge in demand for dried apricots as a healthy alternative to processed snacks. Additionally, the promotion of dried apricots in health and wellness communities, including their use in weight management and digestive health, further supports this trend, contributing to dried apricots market expansion.
Report Scope and Dried Apricots Market Segmentation
|
Attributes |
Dried Apricots Key Market Insights |
|
Segments Covered |
By Product: Sulphured Dried Apricot, Natural Dried Apricot and Organic Dried Apricot By Form: Powdered, Whole Dried and Diced By End- Users: Business to Business, Cosmetics, Food and Beverage, Bakery, Confectionary and Business to Customer By Distribution Channel: Store Based Retailing, Modern Grocery Retailers, Convenience Store, Forecourt Retailers, Hypermarkets, Supermarkets, Traditional Grocery Retailers, Food Specialist, Independent Small Grocers, Other Grocery Retailers and Online |
|
Countries Covered |
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America |
|
Key Market Players |
KENKKO CORPORATION (Japan), ApricotKing (U.S.), BATA FOOD (Turkey), National Raisin Company (U.S.), Anatolia A.S. (Turkey), ZIBA FOODS (U.S.), Kayisicioglu Apricot (Turkey), Traina Home Grown (U.S.), Sun-Maid Growers of California (U.S.), Red River Foods (U.S.), PURCELL MOUNTAIN FARMS (Canada), B & R Farms (U.S.), Jutai Foods Group Limited (China), and Retaj Agro Farms (Turkey) |
|
Market Opportunities |
|
|
Value Added Data Infosets |
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, pricing analysis, brand share analysis, consumer survey, demography analysis, supply chain analysis, value chain analysis, raw material/consumables overview, vendor selection criteria, PESTLE Analysis, Porter Analysis, and regulatory framework |
Dried Apricots Market Definition
Dried apricots are apricots that have been dried to remove moisture, preserving them for longer shelf life. The drying process intensifies their natural sweetness and flavor while concentrating nutrients. They are commonly used as snacks, in baking, or as a topping for cereals and salads. Dried apricots are rich in fiber, vitamins, and minerals.
Dried Apricots Market Dynamics
Drivers
- Growing Vegan and Plant-Based Trends
Growing vegan and plant-based trends drive the dried apricots market as more consumers adopt these diets for health and ethical reasons. Dried apricots, being a natural, nutrient-dense snack, fit well into plant-based eating patterns. For instance, brands such as "Made in Nature" have capitalized on this trend by offering organic dried apricots, catering to the increasing demand from health-conscious, vegan consumers seeking convenient, nutritious options.
- Growing Demand for Natural and Organic Products
The growing demand for natural and organic products significantly drives the dried apricots market. Consumers increasingly prefer foods free from artificial additives, leading to higher demand for organic dried apricots. For instance, brands such as kashmirbazzar offer organic dried apricots, catering to this preference and expanding their market share. This trend aligns with a broader movement towards clean, natural eating, strengthening dried apricots market growth.
Opportunities
- Increasing Use in Culinary Applications
The increasing use of dried apricots in culinary applications creates significant market opportunities. Their incorporation in recipes such as apricot-glazed chicken, salads, and energy bars highlights their versatility. For instance, gourmet chefs and food manufacturers use dried apricots in new product lines and menu items, expanding their appeal. This trend boosts demand in both household kitchens and commercial settings, driving growth in the dried apricots market.
- Rising Awareness of Functional Foods
The growing awareness of functional foods presents an opportunity for the dried apricots market. With consumers seeking foods that offer additional health benefits, dried apricots gain popularity due to their high fiber, potassium, and iron content. For instance, the success of products such as “Health Snack Co.’s” functional apricot bars, which highlight these nutritional benefits, illustrates how this trend can drive demand and create growth opportunities in the market.
Restraints/Challenges
- High Production Costs
High production costs for drying apricots, including labor, energy, and equipment, can significantly impact profit margins. These elevated costs may result in higher prices for consumers, potentially leading to reduced market demand. Consequently, the high expense of production hinders the market by limiting affordability and accessibility, which can adversely affect overall dried apricots market growth and consumer interest.
- Competition from Alternatives
The dried apricots market faces significant competition from other dried fruits and snacks, such as raisins, figs, and dates. These alternatives often provide comparable health benefits or more appealing taste profiles, potentially attracting consumers away from dried apricots. This competition can limit market share and growth opportunities for dried apricots, making it challenging to maintain consumer interest and achieve significant dried apricots market expansion.
This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Dried Apricots Market Scope
The market is segmented on the basis of product, form, end-users, and distribution channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Sulphured Dried Apricot
- Natural Dried Apricot
- Organic Dried Apricot
Form
- Powdered
- Whole Dried
- Diced
End-Users
- Business to Business
- Cosmetics
- Food and Beverage
- Bakery
- Confectionary
- Business to Customer
Distribution Channel
- Store Based Retailing
- Modern Grocery Retailers
- Convenience Store
- Forecourt Retailers
- Hypermarkets
- Supermarkets
- Traditional Grocery Retailers
- Food Specialist
- Independent Small Grocers
- Other Grocery Retailers
- Online
Dried Apricots Market Regional Analysis
The market is analyzed and market size insights and trends are provided by country, product, form, end- users, and distribution channel as referenced above.
The countries covered in the market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, U.A.E, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)
Middle East and Africa are expected to dominate the dried apricots market, thanks to their status as leading apricot producers. The region’s high production capacity, favorable climate, and established supply chains contribute to its dominance. This strong manufacturing base supports substantial market growth and reinforces the region's leadership in the global dried apricots industry.
Asia-Pacific is projected to observe significant growth in the dried apricots market due to rising disposable income and shifting lifestyles. Increased consumer spending and a preference for convenient, healthy snacks are driving market expansion. As disposable incomes rise, more consumers are expected to opt for premium dried apricot products, boosting dried apricots market growth.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Dried Apricots Market Share
The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to market.
Dried Apricots Market Leaders Operating in the Market Are:
- KENKKO CORPORATION (Japan)
- ApricotKing (U.S.)
- BATA FOOD (Turkey)
- National Raisin Company (U.S.)
- Anatolia A.S. (Turkey)
- ZIBA FOODS (U.S.)
- Kayisicioglu Apricot (Turkey)
- Traina Home Grown (U.S.)
- Sun-Maid Growers of California (U.S.)
- Red River Foods (U.S.)
- PURCELL MOUNTAIN FARMS (Canada)
- B & R Farms (U.S.)
- Jutai Foods Group Limited (China)
- Retaj Agro Farms (Turkey)
Latest Developments in Dried Apricots Market
- In July 2021, Enko, a crop health company, unveiled a multi-year partnership with Syngenta Crop Protection to address resistant pests and emerging diseases affecting global agriculture. This collaboration focuses on targeted product development to accelerate solutions for farmers, aiming to generate significant economic benefits throughout the agricultural value chain
SKU-
Get online access to the report on the World's First Market Intelligence Cloud
- Interactive Data Analysis Dashboard
- Company Analysis Dashboard for high growth potential opportunities
- Research Analyst Access for customization & queries
- Competitor Analysis with Interactive dashboard
- Latest News, Updates & Trend analysis
- Harness the Power of Benchmark Analysis for Comprehensive Competitor Tracking
Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
