China is the second-most dominant country in the dried fruit market. The growth of the middle-class population and the growth of health-conscious consumers have fueled the growth of the Chinese dried fruit market. The local dried fruit market is being driven by changing consumer preferences for healthy and nutritious foods as a result of rising obesity and an ageing population. In addition, the increased acceptance of nutritious packaged foods and the widespread application of dried fruits in the dairy, bakery, snack, and confectionery industries have fueled the demand for dried fruits over the years. The demand for nuts has been influenced by research studies that highlight the role of the product in weight control and disease prevention. As a result, consumers have included dried fruit in their diets.
According to the research report, "China Dried Food Market Overview, 2028," published by Bonafide Research, the market is projected to add USD 0.6 Billion by 2028. Raisins or dehydrated grapes dominated the dried fruit market. Increased production of raisins across developed and emerging economies has positively influenced segment growth. In addition, raisins are a source of several nutritional elements, such as fiber, iron, calcium, boron, and phytonutrients, which have been attracting health-conscious consumers. As a result, applications of raisins have grown significantly across various segments of the food and beverage industry due to their health benefits. Berries are expected to witness the fastest growth over the forecast period. Over the past few years, the consumption of dried berries has been increasing drastically in the market. Companies have been launching numerous products using raisins as an ingredient.
The expansion of the retail market and increased purchasing power in countries such as China are expected to stimulate demand for nutrient-dense foods. Increased availability, proper packaging, and a growing awareness of health needs have stimulated the dried food market in these countries. Other than that, people consume dried foods by mixing them into cereal, cheese, and yogurt. Furthermore, the China market is expected to gain ground in the coming years due to the health benefits consumers receive when consuming dried foods due to their high phytochemical content. The growing use of dried foods in the production of baked goods, confectionaries, and other sweet dishes is driving up demand in China. Furthermore, an expanded retail market, along with rising purchasing power in the countries, including China, is expected to boost the demand for foods with rich nutrients. Enhanced availability, the right packaging, and growing awareness about health needs have been driving the market for dried food in these countries.
Based on nature, the dried food market is mainly segmented into organic and conventional. Increasing customer health awareness is an important driver for the organic dried food market. For this reason, the organic dried food market should have a high preference over conventional dried foods during forecasting. The organic dried food market is expected to grow over the next few years. However, at present, the organic dried food market has a small market share due to its high cost. The growing preference for organic foods in developed economies is an important driver that should stimulate the organic dried food market shortly.
Supermarkets and hypermarkets held the largest share. Over the past few years, supermarkets and hypermarkets have witnessed significant growth in the nut and dehydrated fruit categories. The retail chains are appealing to health-conscious consumers by expanding their organic and natural product lines. Furthermore, increasing supermarket penetration in developing countries will boost product sales through this distribution channel. The most popular supermarkets in China are China Resources Enterprise Limited, Wal-Mart China, Sun Art Retail Group Ltd., Yonghui Superstores Co. Ltd., and many more. Convenience stores hold a notable share of the market, especially in developing countries. Several countries have specialised retail stores for the product, for instance, shops on the street and public markets, and specialty stores. Online distribution is anticipated to expand at the fastest CAGR.
The coronavirus pandemic had a great negative effect on all stages of the supply and value chains of various industries. Food and beverage industries are among those that are currently experiencing impacts as a result of the pandemic. The affected workforce on farms, food and beverage production, processing plants, and the distribution network are analysed to assess the risk of promoting the COVID-19 epidemic, the transmission of which can occur during various coordination activities. There is also a potential risk that the virus will spread through outbound products, leading to food security problems, when trade occurs between geographic areas and different stages of the supply chain, resulting in a shortage of working manpower.
Considered in this report
• Geography: China
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028
Aspects covered in this report
• China Dried Fruits market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation
• Dried Apricots
• Dried Dates
• Dried Grapes / Raisins
• Dried Figs
• Dried Berries
• Organic Dried Fruits
• Conventional Dried Fruits
By Distribution Channel
• Specialty Stores
• Convenience Stores
• Online Retail
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual reports of companies, and analyzing government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the dried fruits industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
Asia-Pacific dominates the market and is the largest and fastest-growing market in the animal growth promoters industry globallyDownload Sample