Global Packaged Currants Market, By Type (Blackcurrant, Redcurrant, Others), Application (Supermarket, Convenience store, Grocery store, Online sales), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights : Global Packaged Currants Market
The packaged currants market is expected to witness market growth at a rate of 6.0% in the forecast period of 2021 to 2028 and is expected to reach USD 2.03 billion by 2028. Data Bridge Market Research report on packaged currants market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the number of online shoppers globally is escalating the growth of packaged currants market.
Currants are referred to as the genus Ribes in the family of Grossulariaceae and which comprises blackcurrants, redcurrants, and hundreds of other species such as gooseberries. The currants known as zante currants, they are dried, seedless red grapes with a sweet and tangy taste. The currants are usually smaller than the regular raisins and are packed with flavor. The rich flavor of currants is delicious in jams, cakes and other dishes.
Major factors that are expected to boost the growth of the packaged currants market in the forecast period are the rise in the knowledge of the health-promoting benefits of consuming currants. Furthermore, the upsurge alertness of various advantages containing the creation and maintenance of collagen, and treatment of chronic cough and other diseases is further anticipated to propel the growth of the packaged currants market. On the other hand, rise in the threat from alternative products comprising of raisins, dried apricots, sultanas, nuts, and other dry fruits and the rise in the need for the alternatives across several advanced countries is further estimated to impede the growth of the packaged currants market in the timeline period.
In addition, the increases in the need from the food and beverages industry will potential opportunities for the growth of the packaged currants market in the coming years. However, the strict standards set by the governments might further challenge the growth of the packaged currants market in the near future.
This packaged currants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on packaged currants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Packaged Currants Market Scope and Market Size
The packaged currants market is segmented on the basis of type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the packaged currants market is segmented into blackcurrant, redcurrant, others.
- On the basis of application, the packaged currants market is segmented into supermarket, convenience store, grocery store, online sales.
Packaged Currants Market Country Level Analysis
The packaged currants market is analysed and market size, volume information is provided by country, type and application as referenced above.
The countries covered in the packaged currants market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the packaged currants market due to the rise in the developing economy, Furthermore; increase in the demand for packed fruits will further boost the growth of the packaged currants market in the region during the forecast period. Europe is projected to observe significant amount of growth in the packaged currants market due to the occurrence of major key players. Moreover, the rise in the need for unseasoned fruits all around the year is further anticipated to propel the growth of the packaged currants market in the region in the coming years.
The country section of the packaged currants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Packaged Currants Market Share Analysis
The packaged currants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to packaged currants market.
The major players covered in the packaged currants market report are Kabako GruppeKarelia Berries LLC, Special Fruit NV, Windmill Hill Fruits, Xi`an Xiyu Minnong Natural Food Co., ltd., Rind Snacks, Inc, Truly Good Foods., Dole Packaged Foods, LLC, Lion Raisins, JAB Dried Fruit Products Pty Ltd, Bergin Fruit & Nut Co, Kiantama Oy, Sun-Maid Growers of California, Traina Foods, SUNBEAM FOODS, Red River Foods, Nuts., Geobres, Jiangsu Palarich Food Co.,Ltd., Decas Cranberry Products, Inc, SUNSWEET, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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