Apricots Market Size, Trends and Insights By Product (Organic, Conventional), By Form (Powdered, Whole dried, Diced), By Distribution Channel (Online, Offline), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2022–2030


Report Code: CMI19010

Published Date: September 2022

Pages: 220+

Category: Food & Beverages

Reports Description

According to Custom Market Insights (CMI), The Global Apricot Market Size was valued at USD 955 million in 2021 and is expected to reach USD 995 million in 2022 and is estimated to reach USD 1254 million by the end of 2030 at a CAGR of approximately 6.7% during the forecast period 2022-2030.

As apricots have a high nutritional value, the demand for apricots has grown in recent years. As these apricots have a long chain of fatty acids and different types of vitamins, the need for apricots is expected to grow in the coming years. Consumption of apricots helps prevent various diseases, and the market is expected to grow well in the coming years. As apricots are extremely rich in different nutrients, they are seen as healthy fruit due to the presence of fats, proteins, minerals, vitamins, and carbohydrates. Apricot Market(By Product )

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The presence of vitamin B, vitamin C, vitamin K, and vitamin A in apricots makes them highly nutritious. In addition, they also contain a few organic acids like malic acid and citric acid. In recent years, the nutrition and food sector has seen a significant shift due to a growing preference for food products rich in nutrients. This trend will continue to grow in the coming years and will drive the market growth of apricots during the forecast period.

Apricots are also seen as a functional food as it processes different types of nutrition, which is expected to provide great potential for market growth in the coming years. Furthermore, the presence of phenolic acids and flavonoids in apricots offers better nutrition and is seen as one of those functional foods on the market.

 The market growth of apricots will only be hampered due to the nations where apricot it’s produced. In apricot-producing countries, raw material prices fluctuate, and these cost changes will inhibit the market’s growth in the coming years. In addition, fluctuation in the inventory will restrain the development of the market.

Political instability is another reason to hamper the market’s growth in the coming years as the trade between the nations is affected. Apricots are also consumed on a large scale in the dried Form as it happens to be an essential snacking nut.

 The availability of apricots as a snacking option which is highly convenient, will help in the market’s growth in the coming years. Furthermore, the presence of dietary fibers and pectin in apricots is highly beneficial for people suffering from cholesterol issues. In addition, the consumption of apricot helps reduce the levels of cholesterols to a great extent.

Growth Factors

There has been an increased demand for apricots across various regions as they are used on a large scale in the confectionary, food, and bakery industries. Increased demand for different types of food products that use apricots will lead to the market’s growth in the coming years. In addition, in recent years, there has been a growth in the trend for ready-to-cook products, due to which the use of apricots is expected to grow. 

All the global markets are seeing tremendous demand for apricots as they help prevent many diseases and possess curing properties. It is not just considered an essential food that provides nutrients, but many other benefits are associated with consuming apricots. The presence of phytochemicals in apricots is one of the components in the food in great demand. Although the most important antioxidants are phenolic compounds, the benefits associated with the presence of antioxidants in the body will help the market’s growth during the forecast period. 

The presence of biologically active phytochemicals and the usage of apricots in medicinal Form will lead to the market’s growth during the forecast period even though the various food products containing apricot may be more expensive than the other products on the market. Like developed nations worldwide, developing nations have been consuming many apricots in recent years. An increase in the disposable income of people in underdeveloped and developing countries has a good demand for apricots.

 As the vegan population worldwide is growing and there has also been an increase in awareness regarding health, the demand for apricots is expected to grow well in the coming years. Many consumers worldwide have adopted a healthy and better lifestyle to combat diseases sent to improve immunity, and the market for apricots is expected to grow. It also helps meet the requirements of nutrients, which the market is expected to grow well in the coming years. Most doctors across the world suggest the consumption of apricots to prevent a few diseases and to increase immunity. 

As the disposable income of people in developing and underdeveloped nations has increased, the consumption of apricots is expected to grow in these regions in the coming years. As a result, the consumption of dried apricots as a healthy snack has also increased, and the availability of this option will lead to the market’s growth in the coming years. Apricot Market (By Form )

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Consumers make discretionary purchases due to the increase in disposable income. However, about 24.8% of the world population is suffering from this, and daily consumption of apricots helps in increasing hemoglobin, and this is one of the reasons why the market is expected to grow in the coming years period of about 47% of children that are in the preschool age also suffer with lower hemoglobin levels and the demand for apricots is expected to grow they are the best source of iron and other essential nutrients.

Segmental Insights

Apricot market segment based on the Product

based on the Product, the conventional products segment is expected to have the largest market share in the coming years. The part has dominated the market in the past with a share of about 90%, and it will continue to grow well in the coming years. 

Apricots are available in supermarkets. They’re also readily available in other stores with reasonable prices period the availability of various offers on these products will lead to the growth of the segment in the coming year period; apart from the conventional product segment, the organic component is also expected to have a good share in the coming years period increasing awareness regarding the availability of organic products and the benefits associated with its consumption will lead to the growth of this segment in the coming years period there shall be greater demand for the dried apricots of the organic Form as they are free of any harmful chemicals period the absence of sulfite is one of the reasons why the organic segment will continue to grow in the coming years. 

Turkish apricots of organic nature are expected to have good demand in the premium markets as they have good popularity. In addition, they are high in potassium, and the benefits of potassium for maintaining the heart’s health will increase the consumption of Turkish apricots. In addition, consuming apricots is associated with regulating blood pressure, another benefit that will drive market growth in the coming years.

Apricot market segment based on Form

Based on the Form, the powdered category is expected to have the largest market share in the coming years. this segment has dominated in the past with a share of about 60%. It is preferred when using apricots in the dried format in the beverages and food industry because it is straightforward to incorporate. Apricot in dried Form is also used in various products of personal care period.

The diced segment is also expected to have a good market share, and it is expected to grow with the highest compound annual growth rate of 6.3% in the coming years. With the consumption of dried apricots, salads, oatmeals, muffins, and cookies, the market is expected to grow well in the coming years. In addition, the sweet taste of apricots has made their incorporation in various confectionery and bakery items easily possible.

Apricot market segment based on the Distribution Channel

Based on the distribution channel, the demand for apricots through the online segment is expected to have the highest market share. It will grow at a compound annual growth rate higher than any other segment. The sales of apricot through Flipkart and Amazon will increase in the coming years, just like any other eCommerce platform. The younger population has grown aware of the benefits associated with the consumption of these snacks. The availability of the Internet and the use of smartphones will lead to the market’s growth.

Report Scope

Feature of the Report Details
Market Size in 2021 USD 955 million
Projected Market Size in 2030 USD 1254 million
CAGR Growth Rate 6.7% CAGR
Base Year 2021
Forecast Period 2022-2030
Prominent Players King Apricot, Chi Tree, Bata Food, Ziba Foods, Kayisicioglu Apricot, Kenko Corporation, National Raisin Company, Dag Food, Quirkeycots, Anatolia A., and Others
Key Segment By Product, Form, Distribution Channel, and Region
Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends
Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
Buying Options Request tailored purchasing options to fulfill your requirements for research.

Regional Insights

The Asia Pacific region is expected to grow with the highest compound annual growth rate, which is expected to be 7.5% in the coming years in terms of the revenue generated. As consumption patterns have changed and the behavior of consumers has also changed, the demand for apricots is expected to grow in the Asia Pacific region during the forecast period.

 Increase in disposable income in various nations across the Asia Pacific region, especially the countries like India and China; the demand is expected to grow in the coming years. The maximum consumption of apricots is in China, where there are many consumers. About 80% of apricots that are produced in China are exported to other countries in the Central Asian region. In the past, the maximum share was held by the African and Middle East regions, and they had a market share of about 30% in revenue. 

Apricot Market (trends by region)

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The highest consumption of apricots was recorded in Turkey in the past. Apart from the increased consumption of apricots in Turkey, the production of apricots is also good in this region. In the past, this region has exported many apricots and had great global shows. Countries majorly import apricots from Turkey, Russia, and the United States. As a result, there has been an increase in the disposable income of consumers, especially those in urban areas. The demand for apricots has increased in nations like the United Arab Emirates and Saudi Arabia. In the coming years, the number of consumers in Iran is also expected to grow.

Key Players 

  • King Apricot
  • Chi Tree
  • Bata Food
  • Ziba Foods
  • Kayisicioglu Apricot
  • Kenko Corporation
  • National Raisin Company
  • Dag Food
  • Quirkeycots
  • Anatolia A.

Recent Development

  • Wild Apricot Inc. was purchased from Canada in the year 2017 by Personify Company which has its headquarters in Texas.
  • Dried apricots in the packaged form were launched by Del Monte Foods in the year 2016.

Segments covered in the report

By Product 

  • Organic
  • Conventional

By Form

  • Powdered
  • Whole dried
  • Diced

By Distribution Channel

  • Online
  • Offline

Regional Outlook

North America

  • U.S
  • Canada

Europe

  • U.K
  • Germany
  • France1

Asia Pacific

  • China
  • India
  • Japan
  • South Korea

Rest of the World

Table of Contents

  • Chapter 1. Preface
    • 1.1 Report Description and Scope
    • 1.2 Research scope
    • 1.3 Research methodology
      • 1.3.1 Market Research Type
      • 1.3.2 Market research methodology
  • Chapter 2. Executive Summary
    • 2.1 Global Apricots Market, (2022 – 2030) (USD Million)
    • 2.2 Global Apricots Market : snapshot
  • Chapter 3. Global Apricots Market – Industry Analysis
    • 3.1 Apricots Market: Market Dynamics
    • 3.2 Market Drivers
      • 3.2.1 Increased Demand For Apricots
      • 3.2.2 Increased Demand For Different Types Of Food Products
      • 3.2.3 Help Prevent Many Types Of Diseases And Possess
    • 3.3 Market Restraints
    • 3.4 Market Opportunities
    • 3.5 Market Challenges
    • 3.6 Porter’s Five Forces Analysis
    • 3.7 Market Attractiveness Analysis
      • 3.7.1 Market attractiveness analysis By Product
      • 3.7.2 Market attractiveness analysis By Form
      • 3.7.3 Market attractiveness analysis By Distribution Channel
  • Chapter 4. Global Apricots Market- Competitive Landscape
    • 4.1 Company market share analysis
      • 4.1.1 Global Apricots Market: company market share, 2021
    • 4.2 Strategic development
      • 4.2.1 Acquisitions & mergers
      • 4.2.2 New Product launches
      • 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4 Research and development and Regional expansion
    • 4.3 Price trend analysis
  • Chapter 5. Global Apricots Market – Product Analysis
    • 5.1 Global Apricots Market overview: By Product
      • 5.1.1 Global Apricots Market share, By Product, 2021 and 2030
    • 5.2 Organic
      • 5.2.1 Global Apricots Market by Organic, 2022 – 2030 (USD Million)
    • 5.3 Conventional
      • 5.3.1 Global Apricots Market by Conventional, 2022 – 2030 (USD Million)
  • Chapter 6. Global Apricots Market – Form Analysis
    • 6.1 Global Apricots Market overview: By Form
      • 6.1.1 Global Apricots Market share, By Form, 2021 and 2030
    • 6.2 Powdered
      • 6.2.1 Global Apricots Market by Powdered, 2022 – 2030 (USD Million)
    • 6.3 Whole dried
      • 6.3.1 Global Apricots Market by Whole dried, 2022 – 2030 (USD Million)
    • 6.4 Diced
      • 6.4.1 Global Apricots Market by Diced, 2022 – 2030 (USD Million)
  • Chapter 7. Global Apricots Market – Distribution Channel Analysis
    • 7.1 Global Apricots Market overview: By Distribution Channel
      • 7.1.1 Global Apricots Market share, By Distribution Channel, 2021 and 2030
    • 7.2 Online
      • 7.2.1 Global Apricots Market by Online, 2022 – 2030 (USD Million)
    • 7.3 Offline
      • 7.3.1 Global Apricots Market by Offline, 2022 – 2030 (USD Million)
  • Chapter 8. Apricots Market – Regional Analysis
    • 8.1 Global Apricots Market Regional Overview
    • 8.2 Global Apricots Market Share, by Region, 2021 & 2030 (USD Million)
    • 8.3. North America
      • 8.3.1 North America Apricots Market, 2022 – 2030 (USD Million)
        • 8.3.1.1 North America Apricots Market, by Country, 2022 – 2030 (USD Million)
    • 8.4 North America Apricots Market, by Product, 2022 – 2030
      • 8.4.1 North America Apricots Market, by Product, 2022 – 2030 (USD Million)
    • 8.5 North America Apricots Market, by Form, 2022 – 2030
      • 8.5.1 North America Apricots Market, by Form, 2022 – 2030 (USD Million)
    • 8.6 North America Apricots Market, by Distribution Channel, 2022 – 2030
      • 8.6.1 North America Apricots Market, by Distribution Channel, 2022 – 2030 (USD Million)
    • 8.7. Europe
      • 8.7.1 Europe Apricots Market, 2022 – 2030 (USD Million)
        • 8.7.1.1 Europe Apricots Market, by Country, 2022 – 2030 (USD Million)
    • 8.8 Europe Apricots Market, by Product, 2022 – 2030
      • 8.8.1 Europe Apricots Market, by Product, 2022 – 2030 (USD Million)
    • 8.9 Europe Apricots Market, by Form, 2022 – 2030
      • 8.9.1 Europe Apricots Market, by Form, 2022 – 2030 (USD Million)
    • 8.10 Europe Apricots Market, by Distribution Channel, 2022 – 2030
      • 8.10.1 Europe Apricots Market, by Distribution Channel, 2022 – 2030 (USD Million)
    • 8.11. Asia Pacific
      • 8.11.1 Asia Pacific Apricots Market, 2022 – 2030 (USD Million)
        • 8.11.1.1 Asia Pacific Apricots Market, by Country, 2022 – 2030 (USD Million)
    • 8.12 Asia Pacific Apricots Market, by Product, 2022 – 2030
      • 8.12.1 Asia Pacific Apricots Market, by Product, 2022 – 2030 (USD Million)
    • 8.13 Asia Pacific Apricots Market, by Form, 2022 – 2030
      • 8.13.1 Asia Pacific Apricots Market, by Form, 2022 – 2030 (USD Million)
    • 8.14 Asia Pacific Apricots Market, by Distribution Channel, 2022 – 2030
      • 8.14.1 Asia Pacific Apricots Market, by Distribution Channel, 2022 – 2030 (USD Million)
    • 8.15. Latin America
      • 8.15.1 Latin America Apricots Market, 2022 – 2030 (USD Million)
        • 8.15.1.1 Latin America Apricots Market, by Country, 2022 – 2030 (USD Million)
    • 8.16 Latin America Apricots Market, by Product, 2022 – 2030
      • 8.16.1 Latin America Apricots Market, by Product, 2022 – 2030 (USD Million)
    • 8.17 Latin America Apricots Market, by Form, 2022 – 2030
      • 8.17.1 Latin America Apricots Market, by Form, 2022 – 2030 (USD Million)
    • 8.18 Latin America Apricots Market, by Distribution Channel, 2022 – 2030
      • 8.18.1 Latin America Apricots Market, by Distribution Channel, 2022 – 2030 (USD Million)
    • 8.19. The Middle-East and Africa
      • 8.19.1 The Middle-East and Africa Apricots Market, 2022 – 2030 (USD Million)
        • 8.19.1.1 The Middle-East and Africa Apricots Market, by Country, 2022 – 2030 (USD Million)
    • 8.20 The Middle-East and Africa Apricots Market, by Product, 2022 – 2030
      • 8.20.1 The Middle-East and Africa Apricots Market, by Product, 2022 – 2030 (USD Million)
    • 8.21 The Middle-East and Africa Apricots Market, by Form, 2022 – 2030
      • 8.21.1 The Middle-East and Africa Apricots Market, by Form, 2022 – 2030 (USD Million)
    • 8.22 The Middle-East and Africa Apricots Market, by Distribution Channel, 2022 – 2030
      • 8.22.1 The Middle-East and Africa Apricots Market, by Distribution Channel, 2022 – 2030 (USD Million)
  • Chapter 9. Company Profiles
    • 9.1 King Apricot
      • 9.1.1 Overview
      • 9.1.2 Financials
      • 9.1.3 Product Portfolio
      • 9.1.4 Business Strategy
      • 9.1.5 Recent Developments
    • 9.2 Chi Tree
      • 9.2.1 Overview
      • 9.2.2 Financials
      • 9.2.3 Product Portfolio
      • 9.2.4 Business Strategy
      • 9.2.5 Recent Developments
    • 9.3 Bata Food
      • 9.3.1 Overview
      • 9.3.2 Financials
      • 9.3.3 Product Portfolio
      • 9.3.4 Business Strategy
      • 9.3.5 Recent Developments
    • 9.4 Ziba Foods
      • 9.4.1 Overview
      • 9.4.2 Financials
      • 9.4.3 Product Portfolio
      • 9.4.4 Business Strategy
      • 9.4.5 Recent Developments
    • 9.5 Kayisicioglu Apricot
      • 9.5.1 Overview
      • 9.5.2 Financials
      • 9.5.3 Product Portfolio
      • 9.5.4 Business Strategy
      • 9.5.5 Recent Developments
    • 9.6 Kenko Corporation
      • 9.6.1 Overview
      • 9.6.2 Financials
      • 9.6.3 Product Portfolio
      • 9.6.4 Business Strategy
      • 9.6.5 Recent Developments
    • 9.7 National Raisin Company
      • 9.7.1 Overview
      • 9.7.2 Financials
      • 9.7.3 Product Portfolio
      • 9.7.4 Business Strategy
      • 9.7.5 Recent Developments
    • 9.8 Dag Food
      • 9.8.1 Overview
      • 9.8.2 Financials
      • 9.8.3 Product Portfolio
      • 9.8.4 Business Strategy
      • 9.8.5 Recent Developments
    • 9.9 Quirkeycots
      • 9.9.1 Overview
      • 9.9.2 Financials
      • 9.9.3 Product Portfolio
      • 9.9.4 Business Strategy
      • 9.9.5 Recent Developments
    • 9.10 Anatolia A.
      • 9.10.1 Overview
      • 9.10.2 Financials
      • 9.10.3 Product Portfolio
      • 9.10.4 Business Strategy
      • 9.10.5 Recent Developments

List Of Figures

  • 1. Market research Type
  • 2. Market research methodology
  • 3. Global Apricots Market, 2022 – 2030 (USD Million)
  • 4. Porter’s Five Forces Analysis
  • 5. Global Apricots Market attractiveness, By Product
  • 6. Global Apricots Market attractiveness, By Form
  • 7. Global Apricots Market attractiveness, By Distribution Channel
  • 8. Global Apricots Market share by Product, 2022 and 2030 (USD Million)
  • 9. Global Apricots Market by Organic, 2022 – 2030 (USD Million)
  • 10. Global Apricots Market by Conventional, 2022 – 2030 (USD Million)
  • 11. Global Apricots Market share by Form, 2022 and 2030 (USD Million)
  • 12. Global Apricots Market by Powdered, 2022 – 2030 (USD Million)
  • 13. Global Apricots Market by Whole dried, 2022 – 2030 (USD Million)
  • 14. Global Apricots Market by Diced, 2022 – 2030 (USD Million)
  • 15. Global Apricots Market share by Distribution Channel, 2022 and 2030 (USD Million)
  • 16. Global Apricots Market by Online, 2022 – 2030 (USD Million)
  • 17. Global Apricots Market by Offline, 2022 – 2030 (USD Million)
  • 18. Global Apricots Market share, by Region, 2022 and 2030
  • 19. North America Apricots Market, 2022 – 2030 (USD Million)
  • 20. Europe Apricots Market, 2022 – 2030 (USD Million)
  • 21. Asia Pacific Apricots Market, 2022 – 2030 (USD Million)
  • 22. Latin America Apricots Market, 2022 – 2030 (USD Million)
  • 23. The Middle-East and Africa Apricots Market, 2022 – 2030 (USD Million)

List Of Tables

  • 1. Global Apricots Market: Snapshot
  • 2. Drivers of the Apricots Market: impact analysis
  • 3. North America Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 4. North America Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 5. North America Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 6. U.S. Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 7. U.S. Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 8. U.S. Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 9. Canada Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 10. Canada Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 11. Canada Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 12. Europe Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 13. Europe Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 14. Europe Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 15. Germany Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 16. Germany Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 17. Germany Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 18. France Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 19. France Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 20. France Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 21. U.K. Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 22. U.K. Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 23. U.K. Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 24. Italy Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 25. Italy Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 26. Italy Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 27. Spain Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 28. Spain Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 29. Spain Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 30. Rest of Europe Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 31. Rest of Europe Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 32. Rest of Europe Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 33. Asia Pacific Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 34. Asia Pacific Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 35. Asia Pacific Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 36. China Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 37. China Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 38. China Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 39. Japan Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 40. Japan Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 41. Japan Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 42. India Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 43. India Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 44. India Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 45. South Korea Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 46. South Korea Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 47. South Korea Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 48. South-East Asia Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 49. South-East Asia Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 50. South-East Asia Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 51. Rest of Asia Pacific Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 52. Rest of Asia Pacific Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 53. Rest of Asia Pacific Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 54. Latin America Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 55. Latin America Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 56. Latin America Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 57. Brazil Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 58. Brazil Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 59. Brazil Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 60. Mexico Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 61. Mexico Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 62. Mexico Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 63. Rest of Latin America Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 64. Rest of Latin America Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 65. Rest of Latin America Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 66. The Middle-East and Africa Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 67. The Middle-East and Africa Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 68. The Middle-East and Africa Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 69. GCC Countries Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 70. GCC Countries Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 71. GCC Countries Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 72. South Africa Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 73. South Africa Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 74. South Africa Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)
  • 75. Rest of Middle-East Africa Apricots Market revenue, By Product, 2022 – 2030 (USD Million)
  • 76. Rest of Middle-East Africa Apricots Market revenue, By Form, 2022 – 2030 (USD Million)
  • 77. Rest of Middle-East Africa Apricots Market revenue, By Distribution Channel, 2022 – 2030 (USD Million)

Report Methodology

In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:

Preliminary Data Mining

On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.

Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.

Statistical Model

Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.

Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.

Some of the variables taken into account for forecasting are as follows:

• Industry drivers and constraints, as well as their current and projected impact

• The raw material case, as well as supply-versus-price trends

• Current volume and projected volume growth through 2030

We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.

Primary Validation

This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.

Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.

All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:

• Market leaders

• Suppliers of raw materials

• Suppliers of raw materials

• Buyers.

The following are the primary research objectives:

• To ensure the accuracy and acceptability of our data.

• Gaining an understanding of the current market and future projections.

Data Collection Matrix

Perspective Primary research Secondary research
Supply-side
  • Manufacturers
  • Technology distributors and wholesalers
  • Company reports and publications
  • Government publications
  • Independent investigations
  • Economic and demographic data
Demand-side
  • End-user surveys
  • Consumer surveys
  • Mystery shopping
  • Case studies
  • Reference customers


Market Analysis Matrix

Qualitative analysis Quantitative analysis
  • Industry landscape and trends
  • Market dynamics and key issues
  • Technology landscape
  • Market opportunities
  • Porter’s analysis and PESTEL analysis
  • Competitive landscape and component benchmarking
  • Policy and regulatory scenario
  • Market revenue estimates and forecast up to 2028
  • Market revenue estimates and forecasts up to 2028, by technology
  • Market revenue estimates and forecasts up to 2028, by application
  • Market revenue estimates and forecasts up to 2028, by type
  • Market revenue estimates and forecasts up to 2028, by component
  • Regional market revenue forecasts, by technology
  • Regional market revenue forecasts, by application
  • Regional market revenue forecasts, by type
  • Regional market revenue forecasts, by component

Key Players 

  • King Apricot
  • Chi Tree
  • Bata Food
  • Ziba Foods
  • Kayisicioglu Apricot
  • Kenko Corporation
  • National Raisin Company
  • Dag Food
  • Quirkeycots
  • Anatolia A.

FAQs

“Asia Pacific” region will lead the global Apricots market during the forecast period 2022 to 2030.

The key factors driving the market are growth In The Trend For Ready-To-Cook Products, Help Prevent Many Diseases And Possess Curing Properties.

The key players operating in the Apricots market are King Apricot, Chi Tree, Bata Food, Ziba Foods, Kayisicioglu Apricot, Kenko Corporation, National Raisin Company, Dag Food, Quirkeycots, Anatolia A..

The global Apricots market is expanding growth with a CAGR of approximately 6.7% during the forecast period (2022 to 2030).

The global Apricots market size was valued at USD 955 million in 2021 and it is projected to reach around USD 1254 million by 2030

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