Spain Dried Fruit Market Research Report, 2028

Spain Dried Fruit Market Research Report, 2028

Actual Market Research 31-12-2022 66 Pages Figures : 5 Tables : 16 Region : Europe Country : Spain Category : Food & Beverages Food

Aside from honey, dried fruit - raisins and prunes, dates, apricots, and figs - was the main source of sweet flavors for ancient Mediterranean dwellers. The extensive use of cane sugar in the 16th century expanded the popularity of sweet meals, and dried fruits remain popular on their own or in a variety of dishes, often in conjunction with nuts. The best raisins in Spain are unquestionably those from Malaga’s Axarquía and Manilva areas in Andalusia. These are made from the famed Muscatel varietal, which has an extremely sweet flavor that dates back to Roman times. Aside from honey, the main source of sweet flavors for ancient Mediterranean dwellers was dried fruit, such as raisins and prunes, dates, apricots, and figs. The widespread use of cane sugar in the 16th century increased the popularity of sweet meals, and dried fruits are still popular on their own or in a variety of cuisines, frequently in combination with nuts. According to the research report, “Spain Dried Food Market Research Report, 2028” published by Actual Market Research, the market is anticipated to add USD 63.25 Million market size by 2028. Based on Product Type, Dried Berries lead the market with more than 35% of the market share due to it includes varieties such as cranberries, Blueberries, Black Currant, Strawberry, Raspberry, Lingonberry, Boysenberry, Elderberry, Huckleberry, Red Currant, etc. Dried Fruits such as apples, Oranges, Pineapples, Mangoes, etc. are anticipated to grow more during the forecast period due to an increase in changing preferences of consumers for dried fruits. Consumer demand for healthy snacks made from natural ingredients is driving up demand for dried fruit in Spain. Increased luxury and success, the need for fast eats, and increased consumer health concerns have all contributed to this demand. Technology has also played a vital role in the sector's progress. Increased demand for healthy snacking as well as product innovation is driving consumer interest in dried mango in Spain. 'Healthy snacks' is a popular trend that corresponds to the increased consumption of dried mango. Consumers want healthier snacks to eat in between meals or snacks that can be used to replace meals. The dried fruit ingredients market can be further divided into organic and conventional. In 2021, the traditional segment maintained the highest share. The expansion is due to the widespread availability of conventionally farmed dry fruits and their lower pricing when compared to organic options. Furthermore, synthetic fertilizers are less expensive, so they are always the first choice of farmers when compared to more natural solutions. Likewise, The dos and don'ts of conventional farming are not as difficult as those of organic farming; also, conventional farming allows you to grow more in less area. Organic, on the other hand, is expected to be the fastest-growing area. With rising health concerns, consumers all around the world are increasing their desire for organic dried fruit ingredients. Furthermore, organic farming is more environmentally friendly, which is another major driver driving the organic dried fruit industry. Consumers' understanding of the detrimental effects of artificial colors and tastes has influenced them to adopt healthier eating habits. Clean labels or label-friendly labels cut through the clutter of too much data to reflect vital information, giving consumers a sense of control over their health. Clean-label products are in high demand because people prefer food that is free of artificial additives and preservatives. Ingredients are being optimized by dehydrated fruit makers in order to provide label-friendly products. Customers are looking for ingredients on the back of packages more than ever before, and they are drawn to clean-label products, which were previously unusual, resulting in a rise in demand for preserved fruits that require less processing. As per World Bank, Spain has a population of 47.33 million people in 2021, with 23.29 million men and 24.04 million women. The majority of the population, 30.98 million people, is between the ages of 15 and 65. People in urban areas outnumber those in rural areas by 38.34 million. According to the World Bank, Spain's GDP was $1.43 trillion USD in 2021, with an inflation rate of 3.1% and a per capita income of US$30,115.7. The growing population, which leads to increased consumption, is the primary driver of the dried fruit market in Spain. In 2020, Spain exported $108M in Dried Fruits, making it the 7th largest exporter of Dried Fruits in the world. In 2020, Spain imported $54M in Dried Fruits, becoming the 12th largest importer of Dried Fruits in the world. Supermarkets and hypermarkets are dominant in the Spain Dried Fruit Market due to the convenience of having all products in one place and a large selection all at once. Conad, Selex, Coop, Végé, and Agorà are some of Spain's largest supermarkets and hypermarkets. Conad is Spain's largest supermarket network, with around 3,300 outlets across the country. There has been a substantial increase in internet usage and the use of e-commerce websites to purchase commodities such as dried fruits in recent years. Carrefour, Walmart, Amazon, and other well-known vertical experts are flocking to the business. Covid-19 Impacts: The COVID-19 epidemic increased demand for dried goods since fresh fruits and vegetables were limited in stock in grocery stores and supermarkets due to supply chain and distribution channel disruptions caused by lockdowns. However, the epidemic has increased the demand for freeze-dried vegetables and fruits in the country, which will be used in soups, snacks, bread, dressings, and confectionary food commodities. With increased consumer health consciousness in the COVID-19 scenario, customers were aware of the detrimental consequences of artificial food additives used to preserve food, fuelling demand for healthy and natural food products. Considered in this report •Geography: Spain •Historic year: 2017 •Base year: 2022 •Estimated year: 2023 •Forecast year: 2028 Aspects covered in this report •Spain 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 By Type •Dried Apricots •Dried Dates •Dried Grapes / Raisins •Dried Figs •Dried Berries (Cranberries, Cherries, Blueberries, Blackcurrant, Strawberries, Blackberry) •Prunes •Others By Nature •Organic Dried Fruits •Conventional Dried Fruits By Distribution Channel •Hypermarkets/Supermarkets •Specialty Stores •Convenience Stores •Online Retail •Others 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. Intended audience: This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the dried fruit 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.

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