According to estimates, the demand in the market for raisins will rise from its 2019 value of $2,216.70 million to $3,191.36 million by the year 2027, which represents a compound annual growth rate (CAGR) of 4.7%. the market forecast for this product is flexible. Despite their small size, raisins are nutrient-rich dry fruit. Raisins, or dried grapes, are a legitimate food. Raisins can be eaten straight from the box or added to a broad range of other dishes. They are produced all around the world. Depending on the kind of grapes that were used, raisins can be any shade from light purple to deep purple. According to the USDA's National Nutrient Database, raisins are a good source of protein, fiber, and carbohydrates. They are effective for treating high blood pressure and relieving constipation. Between 2020 and 2027, the Asia-Pacific region is expected to see the fastest market growth for raisins globally (a CAGR of 5.5%). In Wuhan, China, in December 2019, the COVID-19 pandemic was first reported. The United States, Russia, India, China, Italy, France, and Germany are among the nations with the most fatalities and confirmed cases as of June 2020. The World Health Organization reported 7,482,952 cases with 419,497 deaths as of June 2020. The outbreak has had an impact on economies and businesses through lockdowns, travel restrictions, and business closures. The food and beverage business is one of the most severely affected globally as a result of supply chain failures, postponements of technology events, and workplace closures. Despite being the world's economic superpower and the biggest supplier of raw materials for various industries, China is one of the nations most severely affected by the COVID-19 outbreak. The closing of several facilities and industries in China has had a detrimental effect on global supply chains, food and beverage production, and sales. The outbreak's effects on supply lines, businesses, and the overall economy have all contributed to a slowdown in the raisins industry's expansion. Since raisins are only dried grapes, their nutritional profile ought to be similar to that of fresh grapes. Raisins are a more concentrated source of antioxidants than fresh grapes because the drying process maintains the compounds in them. More consumers than ever before are aware of the various health benefits linked to eating raisins. Due to the rising incidence of chronic diseases, consumers are being urged to include diets high in raisins. Research in the Journal of Nutritional Health found that raisins stand out from other popular dried fruits due to their high antioxidant level and phenol content. Due to their concentration of antioxidants such as flavonol glycosides and phenolic acids, raisins have a high ORAC value considering their comparatively low price. A food's ability to absorb oxygen radicals serves as a gauge of its antioxidant activity (ORAC). Consuming raisins also helps with digestion. Raisins have a lot of fibers, and when raisins come into touch with water, those fibers grow. Simply explained, it has a laxative action and aids in relieving constipation. The market for raisins is further divided into many subgroups based on the kind of product: natural seedless, golden seedless, black currant, sultana, Muscat, and manuka. In 2019, the Sultana sector held the greatest market share. The enormous, yellow-green Sultana grapes that produce them have a flavor that is notably acidic and delicate. They are available at gourmet and health food stores. Sultanas originated in Turkey and are more well-known in Europe. The raisins market is further divided into the food sector, food service providers, and homes based on end users. In 2019, the food industry category held the greatest market share. Minerals including iron, calcium, potassium, manganese, and zinc are abundant in raisins. Because of this, raisins are used in many different sectors of the food business. Raisins are used in smoothies together with banana, oat, or corn flakes. It is a fantastic blend that comes in one glass and has good taste. Cake mixes can also be made with raisins. Many frozen sweets, such as frozen candies, and ice creams, are made using raisins. Breakfast cereals and other fruit-based goods require raisins as a key ingredient. The report highlights: • Business growth strategies adopted by developed and developing markets; • Quantitative analysis of the raisins market from 2017 to 2027; • Estimation of raisins demand across various industries globally; • PEST analysis to show the effectiveness of buyers and suppliers operating in the market; • Recent developments to understand the competitive • Global raisins market size in several regions with promising development possibilities in these regions. • Raisins market size at various nodes of the market. • Detailed analysis and segmentation of the market, and industry dynamics. The market for Raisins, by Product Type Black Current, Sultana, Muscat, Golden Seedless, Natural Seedless, and Monika. Organic, conventional, and natural raisins at Raisins Market. The market for raisins by the end-user, industry, household, and food service provider. Supermarkets and hypermarkets, convenience stores, online retailers, and other distribution channels make up the raisins market. Aurora, Geobres, Lion Raisins, Montagu Snacks, Red River Foods, S & B Herbafoods (Sun-Maid), Sunbeam Foods, Traina Foods, Sunsweet, and Fruits of Turkey are only a few of the companies profiled here. Can you name a few of the key companies in the international market for raisins?
- Some of the well-known companies in the worldwide raisins market are Akrodria, Geobres, Lion Raisins, Montagu Snacks, Red River Foods, S & B Herbafoods, and Sunbeam Foods, Traina Foods, Sunsweet, and Fruits of Turkey.
Which region accounted for the highest percentage of the world market for raisins?
- At a worldwide level in 2019, the European area dominated the raisins market.
The market for raisins is developed and well-established throughout Europe. The increase in customer interest in organic products and growing knowledge of the long-term advantages raisins give are the two main factors driving the market for raisins in the area. The largest exporter of raisins from South Africa is reported to be Europe. The market for raisins has expanded as a result of increased disposable incomes and the rising demand for sweet items. Why is the natural seed less category anticipated to increase at the highest pace between 2020 and 2027 based on product type?
- Sun-dried natural seedless raisins are placed into bins and transported to the processing facilities. These raisins can either be manually picked after reaching the desired amount of dryness or dried on the vine and placed in paper trays or on the ground between vineyard rows. The majority of the raisins grown in California are natural, seedless kinds. California raisins are affordable and practical. The majority of natural seedless raisins are produced in California, and both USDA inspectors and plant quality control staff rigorously examine these raisins at every stage of packing.