Raisins Market Size - Global Industry, Share, Analysis, Trends and Forecast 2024 - 2032
The Global Raisins Market Size accounted for USD 2.7 Billion in 2023 and is estimated to achieve a market size of USD 4.1 Billion by 2032 growing at a CAGR of 4.8% from 2024 to 2032.
Raisins Market Highlights
- Global raisins market revenue is poised to garner USD 4.1 billion by 2032 with a CAGR of 4.8% from 2024 to 2032
- North America raisins market value occupied around USD 1.11 billion in 2023
- Asia-Pacific raisins market growth will record a CAGR of more than 5.6% from 2024 to 2032
- Among nature, the organic sub-segment generated more than USD 1.6 billion revenue in 2023
- Based on distribution channel, the supermarkets/hypermarkets sub-segment generated around 50% raisins market share in 2023
- Increasing use in plant-based diets is a popular raisins market trend that fuels the industry demand
Raisins are dried grapes that have been compressed and stored. They occur in a variety of colors, including dark brown, golden, and green, depending on the grape type and drying procedure. Raisins are a popular snack and component in numerous recipes. The drying process removes much of the water from the grapes, resulting in a sweet, chewy snack. Raisins are high in nutrients like fiber, potassium, iron, and antioxidants. They also provide a good source of energy due to their high sugar content. Raisins can be eaten alone, added to trail mix, or used in baking, cereals, and sweets.
Global Raisins Market Dynamics
Market Drivers
- Increasing demand for healthy snacks
- Rising popularity of organic products
- Expanding awareness of nutritional benefits
- Growing use of raisins in bakery and confectionery
Market Restraints
- Price volatility due to climate change
- Limited shelf life
- Competition from alternative dried fruits
Market Opportunities
- Expansion in emerging markets
- Development of new product varieties
- Growth in online retail channels
Raisins Market Report Coverage
| Market | Raisins Market |
| Raisins Market Size 2022 |
USD 2.7 Billion |
| Raisins Market Forecast 2032 | USD 4.1 Billion |
| Raisins Market CAGR During 2023 - 2032 | 4.1% |
| Raisins Market Analysis Period | 2020 - 2032 |
| Raisins Market Base Year |
2022 |
| Raisins Market Forecast Data | 2023 - 2032 |
| Segments Covered | By Product Type, By Nature, By Distribution Channel, By End-user, And By Geography |
| Regional Scope | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
| Key Companies Profiled | Lion Raisins Inc., Traina Foods, Inc., Decas Cranberry Products, Inc., Citadelle Maple Syrup Producers’ Cooperative, Sunsweet Growers Inc., Kiantama Oy, Sun-Maid Growers of California, Bergin Fruit and Nut Company Inc., Sultana Raisins S.A., Geobres Nemean Currants, Dole Food Company, Inc., and Sunbeam Foods Pty Ltd. |
| Report Coverage |
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Raisins Market Insights
Numerous food organizations are utilizing raisins in their products and presenting diverse kinds of snacks and pastry shop products comprising raisins; they can be utilized as toppings in different bread shop products which include the substance and great kind of the raisins to the specific food product. Dried raisins is the most well-known dried natural product, and are broadly utilized in different pastry shop products to build their flavour and dietary benefit. With the expanding flavour motivation and demand for healthy food ingredients in food products food makers are underlining on consolidating sound foods in their last products to oblige the demand from their wide scope of clients. In the bread kitchen industry, raisins are utilized in prepared products to upgrade their surface and flavour. Adding raisins in pastry kitchen food products gives a tangy flavour to these products and furthermore add to their dietary benefit.
The health consciousness wave has immersed the worldwide market with food rich foods and beverages, with a genuine brand duty to quality, taste, and flavour. In the worldwide market, raisins have increased critical applications in families, food processing industry, and baking industry, Raisins are likewise exceptionally prevalent among food specialist co-ops, attributable to their numerous medical advantages and great taste, which is helping them in achieving client fascination. With the incessant propelling of food products, the dried natural product markets has turned out to be increasingly focused, and makers are following the client driven way to deal with progress toward becoming pioneers in the raisins market.
Numerous food makers are enthusiastic about adding raisins in their products to upgrade the organoleptic properties of their products. Buyers are progressively moving towards food products that are produced using characteristic ingredient with no substance or artificial additives. There is additionally an observable move towards the utilization of dried natural products, for example, raisins. Makers are creating products with natural ingredient compositions and diminished handling to take into account the expanding customer demand for nutritional and sustainable foods. They are additionally offering comfort and in a hurry foods with a solid bend to satisfy the millennial palates of buyers.
Raisins Market Segmentation
The worldwide market for raisins is split based on product type, nature, distribution channel, end-user, and geography.
Raisin Market By Product Type
- Natural Seedless
- Golden Seedless
- Black Currant
- Sultana
- Muscat
- Monukka
According to raisins industry analysis, the market is characterized by a diverse range of product types, each with its own unique characteristics and appeal. Among these, the natural seedless segment stands out as the largest. Natural seedless raisins are produced by removing the seeds from fresh grapes and then drying them. This process results in a plump, juicy raisin with a sweet and slightly tangy flavor. The absence of seeds makes them convenient to eat and adds to their appeal. Natural seedless raisins are widely used in various applications, including baking, snacking, and as a topping for cereals and yogurt. Their versatility and popularity have solidified their position as the dominant segment within the raisins market.
Raisin Market By Nature
- Organic
- Conventional
The raisins market is witnessing a growing trend towards organic production methods. Consumers are increasingly seeking natural and minimally processed foods, and organic raisins align with this demand. Organic raisins are cultivated without the use of synthetic pesticides, herbicides, or fertilizers. This approach ensures that the raisins are free from harmful chemicals and preserves their natural flavor and nutritional value. While organic raisins may have a higher price point compared to conventional raisins, their premium quality and health benefits have made them a sought-after product. As consumer awareness of organic agriculture increases, the organic segment is poised to become a prominent force within the raisins market.
Raisin Market By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Retail
- Others
Supermarkets and hypermarkets offer a wide range of products, including raisins, and are frequented by a large number of consumers. They provide convenient access to raisins and often feature them prominently in their produce sections. This visibility and accessibility have made supermarkets and hypermarkets the preferred choice for many consumers. While other channels like convenience stores, specialty stores, and online retail play a role in the raisins market, supermarkets and hypermarkets continue to hold a significant market share.
Raisin Market By End-user
- Food Industry
- Food Service Providers
- Households
In the raisins market forecaast period, the food industry segment is likely to have a significant share. This is owing to the widespread usage of raisins as a prominent ingredient in processed foods such as baked products, cereals, confectionary, and snacks. With consumers' rising preference for healthy, natural ingredients, food makers are adding raisins into a variety of goods. Furthermore, the growing demand for organic and plant-based diets has exacerbated the food industry's dependency on raisins. Their versatility, natural sweetness, and nutritional benefits make them an important complement to many food production processes, fuelling demand in this area.
Raisins Market Regional Outlook
North America
- U.S.
- Canada
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Raisins Market Regional Analysis
In terms of raisins market analysis, North America dominates as the greatest region due to its established raisin production, particularly in the United States, where California is a major producer. The region's high demand is fueled by the popularity of healthful snacks and the widespread usage of raisins in baked goods, cereals, and confectionery. Furthermore, a growing emphasis on organic and natural products fuels the market's expansion in North America.
Asia-Pacific is emerging as the fastest-growing area during the raisins industry forecast period, driven by rising disposable incomes, increased urbanization, and a shift toward healthier eating habits. The region's burgeoning food processing industry, as well as rising demand for dried fruits in nations such as China and India, all contributes to increased consumption of raisins. Furthermore, the region's growing interest in plant-based and natural products in both the retail and food service sectors drives up demand. This quick development is projected to continue as health-conscious Asian customers become more aware of raisin products.
Raisins Market Players
Some of the top raisins companies offered in our report includes Lion Raisins Inc., Traina Foods, Inc., Decas Cranberry Products, Inc., Citadelle Maple Syrup Producers’ Cooperative, Sunsweet Growers Inc., Kiantama Oy, Sun-Maid Growers of California, Bergin Fruit and Nut Company Inc., Sultana Raisins S.A., Geobres Nemean Currants, Dole Food Company, Inc., and Sunbeam Foods Pty Ltd.
Frequently Asked Questions
How big is the raisins market?
The raisins market size was valued at USD 2.7 billion in 2023.
What is the CAGR of the global raisins market from 2024 to 2032?
The CAGR of Raisins is 4.8% during the analysis period of 2024 to 2032.
Which are the key players in the raisins market?
The key players operating in the global market are including Lion Raisins Inc., Traina Foods, Inc., Decas Cranberry Products, Inc., Citadelle Maple Syrup Producers’ Cooperative, Sunsweet Growers Inc., Kiantama Oy, Sun-Maid Growers of California, Bergin Fruit and Nut Company Inc., Sultana Raisins S.A., Geobres Nemean Currants, Dole Food Company, Inc., and Sunbeam Foods Pty Ltd.
Which region dominated the global raisins market share?
North America held the dominating position in raisins industry during the analysis period of 2024 to 2032.
Which region registered fastest CAGR from 2024 to 2032?
Asia-Pacific region exhibited fastest growing CAGR for market of raisins during the analysis period of 2024 to 2032.
What are the current trends and dynamics in the global raisins industry?
The current trends and dynamics in the raisins industry include increasing demand for healthy snacks, rising popularity of organic products, expanding awareness of nutritional benefits, and growing use of raisins in bakery and confectionery.
Which product type held the maximum share in 2023?
The natural seedless product type held the maximum share of the raisins industry.
Select Licence Type
Connect with our sales team
Why Acumen Research And Consulting
100%
Customer Satisfaction
24x7
Availability - we are always there when you need us
200+
Fortune 50 Companies trust Acumen Research and Consulting
80%
of our reports are exclusive and first in the industry
100%
more data and analysis
1000+
reports published till date
