Raisins Market By Product Type (Natural Seedless, Black Current, Golden Seedless, Muscat, Sultana, Monukka), By Nature (Conventional, Organic), By End Use (Food Industry, Households), By Distribution Channel (Offline, Online), and By Region - Global Industry Overview, Statistical Data, Competitive Intelligence, Trends, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Akrodria
- S & B Herbafoods (Sun-Maid)
- Montagu Snacks
- Sunsweet
- Others
Reports Description
The size of the Global Raisins Market was worth around USD 2.5 billion in 2021 and is predicted to grow to around USD 3.6 billion by 2030 with a compound annual growth rate (CAGR) of roughly 5% between 2022 and 2030.
The report analyses the Raisins market’s drivers and restraints, as well as the impact they have on-demand throughout the projection period. In addition, the report examines global opportunities in the global Raisins market.
Raisins Market: Overview
Raisins are dried grapes with a similar nutritional value to those of grapes. Both grapes and Raisins are high in antioxidants, but due to the drying process, which protects the antioxidants, Raisins have higher antioxidant content than grapes. The health advantages of Raisins are widely known to consumers. Raisins can be eaten raw, boiled, baked, brewed, or dried commercially by drying harvested grapes in various locations.
The grape type used to make the variety of Raisins also affects them. Raisins are available in various shapes and colors, such as green, black, blue, yellow, and brown. There are seedless varieties of Raisins, including Flame Grapes, Greek Currants, and Sultana.
Raisins Market: COVID–19 Impact Analysis
Almost every market sector across the globe was affected by the COVID-19 pandemic. In 2020, the revenues generated by the Raisins market also experienced a decline. Due to the COVID-19 epidemic, numerous countries have ordered lockdowns and seized transportation. Additionally, the pandemic caused crucial commerce activity in several nations to stall. As a result, the COVID-19 outbreak has had a significant impact on supply chains all across the world.
The biggest economies of the globe also went through preventative factory shutdowns that left a huge imbalance between demand and supply in the market. Manufacturers and distributors faced challenges in managing their supply chain. The factors mentioned above have negatively impacted the market size’s growth prospects.
Raisins Market: Growth Drivers
Rising awareness regarding the health benefits of Raisins
Both grapes and Raisins are excellent sources of certain antioxidants, but due to the drying process, which preserves the antioxidants, Raisins have higher antioxidant concentrations than grapes. Consumers today are aware of the advantages Raisins provide for their health.
Consumers are driven to consume Raisins because of their high nutrient content due to the increased prevalence of chronic diseases.
Compared to other common dried fruits, Raisins have a large number of antioxidant levels and phenol content, according to the Journal of Nutritional Health. Raisins have a high ORAC value and are a good source of antioxidants such as flavonol glycosides and phenolic acids.
Additionally, eating Raisins aids in digestion. Raisins are rich in fibers, which expand when absorbed in water. It has a laxative impact on the stomach and helps with constipation relief.
The surge in consumption of organic Raisins
The production of Raisins is being concentrated on becoming more “organic” as “organic” is rapidly becoming the new standard in the health and wellness industry. Manufacturers are refocusing their investments in organic grape farming, which is why Raisins are becoming more popular in the health food industry due to the current shift away from products with high saccharine profiles to products with natural ingredients.
Raisins Market: Segmentation Analysis
In our research scope, the Raisins market is segmented into product type, nature, end-use, and distribution channel. By product, the sultana segment is anticipated to hold the largest share globally throughout the forecast period. The large, yellow-green Sultana grapes that produce them have a notably acidic and delicate flavor They are available in gourmet and health food stores.
Sultanas originated in Turkey and are more well-known in Europe. Based on end use, the food industry is estimated to lead the Raisins market throughout the study. Minerals, including iron, potassium, calcium, manganese, and zinc, are abundant in Raisins. Because of this, Raisins are used in many different sectors of the food business. Raisins are used in the preparation of several healthy smoothies. Further, a number of cake mixes also have Raisins in them. Many frozen desserts are made with Raisins. Breakfast cereals and other fruit-based goods require Raisins as a key ingredient.
Report Scope
| Feature of the Report | Details |
| Market Size in 2021 | USD 2.5 Billion |
| Projected Market Size in 2030 | USD 3.6 Billion |
| CAGR Growth Rate | 5% CAGR (2022-2030) |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Prominent Players | Akrodria, S & B Herbafoods (Sun-Maid), Montagu Snacks, Sunsweet, Geobres, Red River Foods, Fruits of Turkey, Sunbeam Foods, Lion Raisins, Traina Foods, and Others |
| Key Segment | By Product Type, Nature, 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 fulfil your requirements for research. |
Key Insights:
- As per the analysis shared by our research analyst, the Raisins market is estimated to grow annually at a CAGR of around 5% over the forecast period (2022-2030).
- In terms of revenue, the Raisins market size was valued at around USD 2.5 billion in 2021 and is projected to reach USD 3.6 billion by 2030. Due to a variety of driving factors, the market is predicted to rise at a significant rate.
- Based on product segmentation, the sultana segment was estimated to hold the maximum market share in the year 2021.
- By nature segmentation, the organic segment is projected to witness a high CAGR during 2022-2030.
- By end user, the food industry segment was estimated to hold the maximum market share in the year 2021.
- Based on distribution channel segmentation, the offline segment was the leading revenue-generating category in 2021.
- On the basis of region, the Asia Pacific region was the leading revenue generator in 2021.
Recent Development
- June 2021:Kashi, a natural foods manufacturer, introduced its Simply Raisin biscuit cereal. The newly launched biscuit cereal is the company’s first zero-gram-added sugar cereal product.
- March 2021: A leading premium, organic baby food and kids’ snack brand, Plum Organics, was acquired by Sun-Maid Growers of California from Campbell Soup Company.
Regional Landscape
Europe is estimated to retain the largest market share during the research period. There is a huge demand for Raisins in Europe due to the rising number of health-conscious consumers who favor organic and healthy cuisine. Germany is the major nation with the biggest market share for the Raisins, and it is expected to keep showing an upward trend.
Cooperatives such as The Kgodiso Development Fund, established by PepsiCo, the maker of the Safari brand, have recently given the Northern Cape raisin industry an R28 million boost to assist young farmers in the sector. Similar cooperatives exist in other developing nations of the Middle East and Africa.
Competitive Landscape
There is moderate market consolidation for Raisins globally. The market for Raisins is dominated by major companies such as Fruits of Turkey, Anatolia A.S., Lion Raisins, Inc., Sun-Maid Growers of California, and Kiantama Oy, which together own a 51% market share.
Adopting cleaner processes to produce the best quality products continues to be an influencing factor, especially in light of the nature of the product and government laws on clean labeling. As a result, many Raisins industry participants are concentrating on maintaining consumer satisfaction by providing high-quality products in order to remain competitive. To further boost the sales of Raisins and other dried fruits, manufacturers have been working robustly to diversify their product offerings and reinforce their distribution networks, in addition to adhering to strict quality management processes.
The global Raisins market is segmented as follows:
By Product Type
- Natural Seedless
- Black Current
- Golden Seedless
- Muscat
- Sultana
- Monukka
By Nature
- Conventional
- Organic
By End Use
- Food Industry
- Households
By Distribution Channel
- Offline
- Online
On the basis of Geography
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
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 Raisins Market, (2022 – 2030) (USD Billion)
- 2.2 Global Raisins Market: snapshot
- Chapter 3. Global Raisins Market – Industry Analysis
- 3.1 Raisins Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Rising awareness regarding the health
- 3.2.2 Driver 2
- 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 Type
- 3.7.2 Market attractiveness analysis By Nature
- 3.7.3 Market attractiveness analysis By End Use
- Chapter 4. Global Raisins Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Raisins 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, collaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Raisins Market – Product Type Analysis
- 5.1 Global Raisins Market overview: By Product Type
- 5.1.1 Global Raisins Market share, By Product Type, 2021 and 2030
- 5.2 Natural Seedless
- 5.2.1 Global Raisins Market by Natural Seedless, 2022 – 2030 (USD Billion)
- 5.3 Black Current
- 5.3.1 Global Raisins Market by Black Current, 2022 – 2030 (USD Billion)
- 5.4 Golden Seedless
- 5.4.1 Global Raisins Market by Golden Seedless, 2022 – 2030 (USD Billion)
- 5.5 Muscat
- 5.5.1 Global Raisins Market by Muscat, 2022 – 2030 (USD Billion)
- 5.6 Sultana
- 5.6.1 Global Raisins Market by Sultana, 2022 – 2030 (USD Billion)
- 5.7 Monukka
- 5.7.1 Global Raisins Market by Monukka, 2022 – 2030 (USD Billion)
- 5.1 Global Raisins Market overview: By Product Type
- Chapter 6. Global Raisins Market – Nature Analysis
- 6.1 Global Raisins Market overview: By Nature
- 6.1.1 Global Raisins Market share, By Nature, 2021 and 2030
- 6.2 Conventional
- 6.2.1 Global Raisins Market by Conventional, 2022 – 2030 (USD Billion)
- 6.3 Organic
- 6.3.1 Global Raisins Market by Organic, 2022 – 2030 (USD Billion)
- 6.1 Global Raisins Market overview: By Nature
- Chapter 7. Global Raisins Market – End Use Analysis
- 7.1 Global Raisins Market overview: By End Use
- 7.1.1 Global Raisins Market share, By End Use, 2021 and 2030
- 7.2 Food Industry
- 7.2.1 Global Raisins Market by Food Industry, 2022 – 2030 (USD Billion)
- 7.3 Households
- 7.3.1 Global Raisins Market by Households, 2022 – 2030 (USD Billion)
- 7.1 Global Raisins Market overview: By End Use
- Chapter 8. Raisins Industry – Regional Analysis
- 8.1 Global Raisins Industry Regional Overview
- 8.2 Global Raisins Industry Share, by Region, 2021 & 2030 (USD Billion)
- 8.3. North America
- 8.3.1 North America Raisins Industry, 2022 – 2030 (USD Billion)
- 8.3.1.1 North America Raisins Industry, by Country, 2022 – 2030 (USD Billion)
- 8.3.1 North America Raisins Industry, 2022 – 2030 (USD Billion)
- 8.4 North America Raisins Industry, by Product Type, 2022 – 2030
- 8.4.1 North America Raisins Industry, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 North America Raisins Industry, by Nature, 2022 – 2030
- 8.5.1 North America Raisins Industry, by Nature, 2022 – 2030 (USD Billion)
- 8.6 North America Raisins Industry, by End Use, 2022 – 2030
- 8.6.1 North America Raisins Industry, by End Use, 2022 – 2030 (USD Billion)
- 8.4. Europe
- 8.4.2 Europe Raisins Industry, 2022 – 2030 (USD Billion)
- 8.4.2.1 Europe Raisins Industry, by Country, 2022 – 2030 (USD Billion)
- 8.4.2 Europe Raisins Industry, 2022 – 2030 (USD Billion)
- 8.4 Europe Raisins Industry, by Product Type, 2022 – 2030
- 8.4.1 Europe Raisins Industry, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 Europe Raisins Industry, by Nature, 2022 – 2030
- 8.5.1 Europe Raisins Industry, by Nature, 2022 – 2030 (USD Billion)
- 8.6 Europe Raisins Industry, by End Use, 2022 – 2030
- 8.6.1 Europe Raisins Industry, by End Use, 2022 – 2030 (USD Billion)
- 8.5. Asia Pacific
- 8.5.3 Asia Pacific Raisins Industry, 2022 – 2030 (USD Billion)
- 8.5.3.1 Asia Pacific Raisins Industry, by Country, 2022 – 2030 (USD Billion)
- 8.5.3 Asia Pacific Raisins Industry, 2022 – 2030 (USD Billion)
- 8.4 Asia Pacific Raisins Industry, by Product Type, 2022 – 2030
- 8.4.1 Asia Pacific Raisins Industry, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 Asia Pacific Raisins Industry, by Nature, 2022 – 2030
- 8.5.1 Asia Pacific Raisins Industry, by Nature, 2022 – 2030 (USD Billion)
- 8.6 Asia Pacific Raisins Industry, by End Use, 2022 – 2030
- 8.6.1 Asia Pacific Raisins Industry, by End Use, 2022 – 2030 (USD Billion)
- 8.6. Latin America
- 8.6.4 Latin America Raisins Industry, 2022 – 2030 (USD Billion)
- 8.6.4.1 Latin America Raisins Industry, by Country, 2022 – 2030 (USD Billion)
- 8.6.4 Latin America Raisins Industry, 2022 – 2030 (USD Billion)
- 8.4 Latin America Raisins Industry, by Product Type, 2022 – 2030
- 8.4.1 Latin America Raisins Industry, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 Latin America Raisins Industry, by Nature, 2022 – 2030
- 8.5.1 Latin America Raisins Industry, by Nature, 2022 – 2030 (USD Billion)
- 8.6 Latin America Raisins Industry, by End Use, 2022 – 2030
- 8.6.1 Latin America Raisins Industry, by End Use, 2022 – 2030 (USD Billion)
- 8.7. The Middle-East and Africa
- 8.7.5 The Middle-East and Africa Raisins Industry, 2022 – 2030 (USD Billion)
- 8.7.5.1 The Middle-East and Africa Raisins Industry, by Country, 2022 – 2030 (USD Billion)
- 8.7.5 The Middle-East and Africa Raisins Industry, 2022 – 2030 (USD Billion)
- 8.4 The Middle-East and Africa Raisins Industry, by Product Type, 2022 – 2030
- 8.4.1 The Middle-East and Africa Raisins Industry, by Product Type, 2022 – 2030 (USD Billion)
- 8.5 The Middle-East and Africa Raisins Industry, by Nature, 2022 – 2030
- 8.5.1 The Middle-East and Africa Raisins Industry, by Nature, 2022 – 2030 (USD Billion)
- 8.6 The Middle-East and Africa Raisins Industry, by End Use, 2022 – 2030
- 8.6.1 The Middle-East and Africa Raisins Industry, by End Use, 2022 – 2030 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Akrodria
- 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 S & B Herbafoods (Sun-Maid)
- 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 Montagu Snacks
- 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 Sunsweet
- 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 Geobres
- 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 Red River Foods
- 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 Fruits of Turkey
- 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 Sunbeam Foods
- 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 Lion Raisins
- 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 Traina Foods
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.1 Akrodria
List Of Figures
Figures No 1 to 26
List Of Tables
Tables No 1 to 77
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 |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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List of the prominent players in the global Raisins market:
- Akrodria
- S & B Herbafoods (Sun-Maid)
- Montagu Snacks
- Sunsweet
- Geobres
- Red River Foods
- Fruits of Turkey
- Sunbeam Foods
- Lion Raisins
- Traina Foods
- Others
FAQs
“Asia Pacific” region will lead the global Raisins market during the forecast period 2022 to 2030.
Consumers are driven to consume Raisins because of their high nutrient content due to the increased prevalence of chronic diseases.
The key players operating in the Raisins market are Akrodria, S & B Herbafoods (Sun-Maid), Montagu Snacks, Sunsweet, Geobres, Red River Foods, Fruits of Turkey, Sunbeam Foods, Lion Raisins, Traina Foods, and Others.
The global Raisins market is expanding growth with a CAGR of approximately 5% during the forecast period (2022 to 2030).
The global Raisins market size was valued at USD 2.5 billion in 2021 and it is projected to reach around USD 3.6 billion by 2030.