Raisins are dried grapes. Raisins are grown in many parts of the world and can be eaten raw or cooked, baked, or brewed. Grape types vary according to grape variety and come in a variety of sizes and colors such as green, black, brown, purple, blue, and yellow. Raisins are commercially produced by drying harvested grape berries. The water inside the grape must be entirely removed from the interior of the cells and transferred to the grape's surface, where the water droplets can evaporate. However, this diffusion process is difficult because the grape skin's cuticle includes wax, which hinders water from flowing through.
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Data Bridge Market Research analyses that the Asia-Pacific Raisins Market is expected to grow at a CAGR of 5.6% in the forecast period of 2023 to 2030 and is expected to reach USD 1,009.25 million by 2030. The adoption of innovative technologies and solutions and the rising trend of on-the-go snacking are propelling the Asia-Pacific raisins market.
Key Findings of the Study
Rising Application of Raisins in the Food and Beverage Industry is expected to Drive the Market
Raisins, dried grapes known for their natural sweetness and rich nutritional profile, have been an integral part of traditional cuisines for centuries. However, in recent years, the Asia-Pacific raisins market has witnessed remarkable growth, largely driven by the increasing applications of raisins in the food and beverage industry. Raisins are widely used in the bakery industry to add natural sweetness, texture, and flavor to a variety of products. They are commonly incorporated into bread, muffins, cakes, and cookies, enhancing their taste and nutritional value. The health-conscious consumer segment, seeking healthier alternatives to refined sugars, has driven the demand for raisin-infused bakery items. In addition, raisins are a popular addition to cereals and breakfast foods, such as granola bars, oatmeal, and muesli. Their natural sweetness and chewy texture make them an attractive choice for enhancing the taste and nutritional content of these products.
Moreover, the food and beverage industry has also witnessed the emergence of raisin-based beverages, including raisin-infused smoothies, juices, and alcoholic beverages. These beverages offer a unique flavor profile and are perceived as healthier options compared to beverages with added sugars and artificial flavorings. The versatility of raisins allows them to be easily incorporated into ethnic and fusion dishes, catering to diverse palates and culinary preferences. As consumers explore new flavors and culinary experiences, the demand for raisin-infused dishes continues to rise.
The rising applications of raisins in the food and beverage industry have become a key driver of the growth of the Asia-Pacific raisins market. The versatility, natural sweetness, and nutritional benefits of raisins have made them a sought-after ingredient across various food categories, ranging from bakery products and confectionery to beverages and savory dishes. As consumer demand for healthier and natural ingredients increases, the trend of utilizing raisins in innovative food and beverage formulations is expected to continue, further bolstering the growth of the Asia-Pacific raisins market.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million
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Segments Covered
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Product Type (Natural Seedless, Black Currant, Nemean Currant, Golden Seedless, Muscat, Sultana, Monukka, and Others), Drying Method (Sundried and Mechanically Dried), Nature (Organic and Conventional), End Use (Household/Retail, Food Processing Sector, Food Service Sector, Nutraceuticals), Distribution Channel (Direct and Indirect)
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Countries Covered
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China, India, Japan, Australia, Indonesia, South Korea, Thailand, Philippines, Vietnam, New Zealand, Malaysia, Singapore and Rest of Asia-Pacific
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Market Players Covered
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Dole Plc (Ireland), SUNBEAM FOOD (Australia), Del Monte Foods, Inc (U.S.), Lion Raisins (U.S.), SUN VALLEY RAISINS (U.S.), Arav Agro Industries (India), VARSHA INDUSTRIES PVT. LTD. (India), Gauri Farm (India), ROYAL NUT COMPANY (Australia), Royal Nuts, Dryfruits & Spices (India), Bergin.com(U.S.), Fruits of Turkey (Turkey), and Traina Home Grown(U.S.) and among others
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Data Points Covered in the Report
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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, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The Asia-Pacific raisins market is segmented into five notable segments which are based on product type, drying method, nature, end use, and distribution channel.
- On the basis of product type, the market is segmented into natural seedless, black currant, nemean currant, golden seedless, muscat, sultana, monukka, and others.
In 2023, the natural seedless segment is expected to dominate the Asia-Pacific raisins market
In 2023, the natural seedless segment is expected to dominate the market with a market share of 28.44% owing to the growing demand for seedless raisins in a variety of cuisines.
- On the basis of drying method, the market is segmented into mechanically dried and sundried.
In 2023, the mechanically dried segment is expected to dominate the Asia-Pacific raisins market
In 2023, the mechanically dried segment is expected to dominate the market with a market share of 60.77% due to the even drying, fast processing, and automation.
- On the basis of the nature, the raisins market is segmented into organic and conventional. In 2023, conventional segment is expected to dominate market with a market share of 66.25%.
- On the basis of end use, the raisins market is segmented into household/retail, food processing sector, food service sector, and nutraceuticals. In 2023, food processing sector is expected to dominate market with a market share of 39.47%.
- On the basis of distribution channel, the raisins market is segmented into direct and indirect. In 2023, indirect segment is expected to dominate with a market share of 72.34%.
Major Players
Data Bridge Market Research analysis Dole Plc (Ireland), SUNBEAM FOOD (Australia), Del Monte Foods, Inc (U.S.), Lion Raisins (U.S.), SUN VALLEY RAISINS (U.S.) as the major market players in Asia-Pacific raisins market.
Recent Developments
- In 2022, SUNBEAM FOODS won the award of “Best sultanas and best-dried grapes of the season” among the Dried Fruit Quality Awards winners. This kind of awards winning will help the company to gain more brand value and a competitive edge.
Regional Analysis
The countries covered in the Asia-Pacific raisins market report are China, India, Japan, Australia, Indonesia, South Korea, Thailand, Philippines, Vietnam, New Zealand, Malaysia, Singapore and Rest of Asia-Pacific.
As per Data Bridge Market Research analysis:
China is the dominant and fastest region in Asia-Pacific raisins market during the forecast period 2023-2030
China is expected to dominate and fastest the Asia-Pacific raisins market with a significant growth rate and a highest market share due to its vast production capacity, increasing consumer demand, and strong presence in the region's dried fruit industry.
For more detailed information about the Asia-Pacific raisins market report, click here – https://www.databridgemarketresearch.com/reports/asia-pacific-raisins-market
