Market Overview
The global Dried Apricot Market was valued at USD 667.01 Million in 2023 and is likely to reach USD 1136.50 Million by 2032 increasing at a CAGR of 6.1% from 2024 to 2032
Dried apricots are dried shapes of apricot characteristic item that have had the bigger portion of their water substance removed in the midst of the drying plan. The method commonly includes cutting the common item in half, emptying the pit, at that point drying it inside the sun or in a dehydrator. The resultant dried apricots have a chewy surface and a strong sweet-tart taste. Dried apricots are a well-known snack and may be utilized in a expand of equations, checking warmed things, way mixes, and savory nourishments. They are as regularly as conceivable lauded for their tall fiber substance, cancer anticipation specialists, and different vitamins and minerals, checking vitamin A and potassium.
Dried apricots are a well-known dried normal item gotten from the apricot tree. With beginnings dating back to outdated times, apricots have been created in Central Asia for centuries, and dried apricots were particularly regarded along the Silk Road for their long rack life, enabling them to be transported over unending partitions. The drying handle shifts depending on the degree of the apricots. Small apricots are routinely dried Entire, though greater collections are dried in parts, with or without the portion or stone.
The dried apricot publicizes benefits basically from the rising ask for consolation nourishments, as buyers dynamically hunt for supportive and nutritious snack choices to fit their dynamic ways of life. Dried apricots offer a compelling course of action as they require no refrigeration, have a longer rack life compared to modern common item, and are instantly flexible, making them idealize for on-the-go utilization. With furious plans getting to be the standard for various buyers, the consolation of being able to seize a pack of dried apricots as a quick and sound snack offers to a wide measurement, checking understudies, specialists, and dynamic families. The adaptability of dried apricots intensifies past snacking; they are as well utilized as supportive fixings completely different food things such as breakfast cereals, way mixes, warmed items, and servings of blended greens. This flexibility encourage improves their ask inside the consolation food section, catering to contrasting customer slants and culinary needs.
Developing into making markets inside the setting of the dried apricot publicize incorporates extending bargains and closeness of dried apricot things in districts that are experiencing monetary improvement and rising client ask. As economies in making markets proceed to create, there's frequently an increase in nonessential wage and changing buyer slants, showing beneficial openings for dried apricot creators and exporters. By developing into making markets, dried apricot makers can tap into unused client parcels who may be searching for more invaluable snack choices or fixings for their culinary needs. These markets offer potential for critical advancement due to their gigantic populaces and growing urbanization, which leads to more noticeable ask for supportive and nutritious food things.
Global Dried Apricot Market, Segmentation
The Dried Apricot market is segmented on the basis of Nature, by Form, by Distribution Channel and region.
Form:
The Form segment is further classified into Whole Dried, Powdered, Diced. Among these, the Whole Dried sub-segment accounted for the highest market share in 2023. Whole dried apricots are predominant due to their adaptability in utilization. They can be eaten up as standalone snacks, utilized as fixings in cooking and warming, or joined into distinctive equations such as servings of blended greens, way mixes, and cakes. Whole dried apricots hold their typical appearance, surface, and flavor, making them locks in to clients who slant toward irrelevantly dealt with nourishments. The admission common item shape and energetic colour of Whole dried apricots make strides their visual offer and seen freshness.
Whole dried apricots commonly contain the full characteristic item, checking the skin, which is well off in dietary fiber and supplements such as vitamins A and C. Customers searching for nutritious snack options or fixings for their dinners may favor Whole dried apricots for their prosperity benefits. Whole dried apricots have a longer rack life compared to unused apricots, making them sensible for capacity and dispersal over extended periods.
Distribution Channel:
The Distribution Channel segment is further classified into Store-Based Retailing, Online Retailing and Traditional Grocery Retailers. Among these, the Online retailing sub-segment is anticipated to show the fastest growth by 2032. Online commerce provides convenience, allowing shoppers to purchase dried apricots from the comfort of their homes or on-the-go via smartphones or laptops. This comfort factor resonates with advanced shoppers who value time-saving arrangements and prefer the convenience of buying online.
Online vendors provide a diverse range of dried apricot products, including different brands, packaging sizes, and natural options. This large product selection provides clients with more prominent choice and adaptability than store-based commerce or traditional basic supply sellers. Online commerce allows clients to access dried apricot products from any location, bypassing geographical limitations and ensuring accessibility in areas where physical outlets are scarce or unavailable.
By Nature
- Organic
- Conventional
By Form
- Whole Dried
- Powdered
- Diced
By Distribution Channel
- Store-Based Retailing
- Online Retailing
- Traditional Grocery Retailers
Region:
The Dried Apricot market in Middle East and Africa is projected to show the fastest growth by 2032. Turkey is the biggest maker of dried apricots universally, with the Malatya Territory being the essential developing locale. Malatya's climate and soil conditions are especially well-suited for apricot development, driving to tall yields and superior-quality natural product. Turkey includes a long-standing convention of apricot development and drying, dating back centuries. The nation has idealized the craftsmanship of drying apricots, utilizing conventional strategies combined with present day innovation to create premium-quality dried apricots. Turkey's key area gives a calculated advantage for trading dried apricots to worldwide markets. Its nearness to key markets in Europe, the Center East, and Asia permits for productive transportation and distribution of dried apricot items.
Some of the leading Dried Apricot market players are
- Turgut Tarim (Turkey)
- Yupik (Canada)
- Bergin Fruit and Nut Company (United States)
- Malatya Apricot (Turkey)
- Sun-Maid Growers of California (United States)
- Anatolia A.S. (Turkey)
- BATA FOOD (Turkey)
- May Mass Group (Turkey)
- Raisin Champion International (Turkey)
Key Industry Developments
- In Sep 2023, Santa Clara Valley used to produce apricots. Today, these city-run orchards serve as relics of a bygone era
- In Jun 2023, Unprecedented apricot harvest in Tajikistan in 2023 – prices of dried fruits are collapsing, according to the participants of the fruit and vegetable market of Tajikistan, after two consecutive lean years for apricots, in 2023 an unprecedented apricot harvest was obtained in the country. The harvest is so high that there is literally not enough people to harvest it, according to East Fruit
Key Findings of the Study
- The dried apricot publicizes benefits basically from the rising ask for consolation nourishments, as buyers dynamically hunt for supportive and nutritious snack choices to fit their dynamic ways of life.
- Developing into making markets inside the setting of the dried apricot publicize incorporates extending bargains and closeness of dried apricot things in districts that are experiencing monetary improvement and rising client ask.
- Whole dried apricots are predominant due to their adaptability in utilization.
- The Dried Apricot market in Middle East and Africa is projected to show the fastest growth by 2032.
