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 Global Raisins Market is expected to grow at a CAGR of 5.5% in the forecast period of 2023 to 2030 and is expected to reach USD 3,425.31 million by 2030. The adoption of innovative technologies and solutions and the rising trend of on-the-go snacking are propelling the global 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 global 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.
For instance,
- In June 2021, according to an article published in the Bakery&Snacks, raisins are highly incorporated in baked goods such as pastries, muffins, and brownies among others. In addition, raisins are proved more effective when use as a substitute for eggs and fat in bakery goods
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 global 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 global raisins market worldwide.
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 Current, 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 and Others), and Distribution Channel (Direct and Indirect)
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Countries Covered
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U.S., Canada, Mexico, U.K., Turkey, Germany, Netherlands, France, Italy, Poland, Spain, Russia, Belgium, Sweden, Switzerland, Denmark, and rest of Europe, China, India, Japan, Australia, Indonesia, South Korea, Thailand, Philippines, Vietnam, New Zealand, Malaysia, Singapore, and rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Kuwait, Oman, Qatar, and rest of Middle East and Africa.
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Market Players Covered
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Arimex (Lithuania), Del Monte Foods, Inc. (U.S.), Dole Plc (Ireland), NationalRaisin Company (U.S.), Sun-Maid Growers of California. (U.S.), Akrodria (Greece), Montagu Snacks (South Africa), Gauri Farm (India), Geobres (Greece), ROYAL NUT COMPANY (Australia), Fruits of Turkey (Turkey), SUNBEAM FOOD (Australia), Lion Raisins (U.S.), Traina Home Grown (U.S.), Bergin.com (U.S.), SUN VALLEY RAISINS (U.S.), River Ranch Raisins (U.S.), VARSHA INDUSTRIES PVT. LTD. (India), Royal Nuts, Dryfruits & Spices (India), and arav Agro Industries (India) 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 depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The global 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 raisins 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 have the largest market share.
In 2023, the natural seedless segment is expected to have the largest market share owing to the growing demand for seedless raisins in a variety of cuisines. Natural seedless is expected to dominate the market with a CAGR of 5.5%
- 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 market
In 2023, the drying method segment is expected to dominate the global raisins market
In 2023, the single/virgin segment is expected to dominate the market due to the even drying, fast processing, and automation. It is growing with the highest CAGR of 5.4% in the forecast period of 2023 to 2030.
- On the basis of the nature, the raisins market is segmented into organic and conventional. In 2023, the conventional segment is expected to dominate the raisins market with a CAGR of 5.4% in the forecast period of 2023 to 2030
- On the basis of end use, the raisins market is segmented into household/retail, food processing sector, food service sector, and nutraceuticals. In 2023, the food processing sector is expected to dominate the raisins market with a CAGR of 6.0% in the forecast period of 2023 to 2030
- On the basis of distribution channel, the raisins market is segmented into direct and indirect. In 2023, the indirect segment is expected to dominate the raisins market with a CAGR of 5.6% in the forecast period of 2023 to 2030
Major Players
Data Bridge Market Research recognizes the following companies as the major market players in global raisins market are Arimex (Lithuania), Del Monte Foods, Inc. (U.S.), Dole Plc (Ireland), NationalRaisin Company (U.S.), Sun-Maid Growers of California. (U.S.), Akrodria (Greece), Montagu Snacks (South Africa), Gauri Farm (India), Geobres (Greece), ROYAL NUT COMPANY (Australia), Fruits of Turkey (Turkey), SUNBEAM FOOD (Australia), Lion Raisins (U.S.), Traina Home Grown (U.S.), Bergin.com (U.S.), SUN VALLEY RAISINS (U.S.), River Ranch Raisins (U.S.), VARSHA INDUSTRIES PVT. LTD. (India), Royal Nuts, Dryfruits & Spices (India), and arav Agro Industries (India) among others among others.
Recent Developments
- In June 2023, according to the article published by NAPCO Media, Using ICS Color's Remote Director, the National Raisin Company streamlines the development of its packaging. The National Raisin Company anticipates quicker product launches, lower soft and hard costs, and ultimately higher profitability for the food processor, its clients, and its suppliers after implementing ICS Color Remote Director software in its packaging project management workflow
- In June 2022, the company has decided to head into its brand new, state-of-the-art production facility in the Northern Suburbs of Cape Town by the end of June 2022. With this relocation, The company is looking forward to starting the next phase of its journey as a proudly South African brand. Production in its new facility will continue to adhere to international health and food safety measures and the company further assures to maintain FSSC22000 certification at the new facility. This sort of relocation has enabled the company to gain available resources and ease of raw materials transportation
- In May 2021, according to the article published by SOSLAND PUBLISHING COMPANY, New tropical punch and peach varieties of flavored raisins are being added to the lineup by Sun-Maid Growers of California. The items are added to a line of sour raisin snacks that also includes flavors like blue raspberry, strawberry, mixed berry, and watermelon. The company claims that they are made with golden raisins, have no artificial flavors or colors, and are a better-for-you alternative that tastes like candy. The Non-GMO Project has certified the products as gluten-free. This sort of product line expansion will help the company to gain a new consumer base in the market
Regional Analysis
Geographically, the countries covered in the global raisins market are U.S., Canada, Mexico, U.K., Turkey, Germany, Netherlands, France, Italy, Poland, Spain, Russia, Belgium, Sweden, Switzerland, Denmark, and rest of Europe, China, India, Japan, Australia, Indonesia, South Korea, Thailand, Philippines, Vietnam, New Zealand, Malaysia, Singapore, and rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E., Kuwait, Oman, Qatar, and rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
In 2023, Europe is the dominant region in global raisins market
Europe is expected to dominate the global raisins market with a significant growth rate and a highest market share due to the presence of a large number of operating major players in the region and the increase in initiatives such as acquisitions, collaborations and product launch by manufacturers to distribute their products efficiently to the consumer.
North America is the highest growing region in global raisins market during the forecast period 2023-2030
North America is expected to dominate the global raisins market with a significant growth rate and a highest market share due to the presence of a large number of consumer and ongoing opportunities in the region and the increase in initiatives such as acquisitions, collaborations and product launch by manufacturers to distribute their products efficiently to the consumer.
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