Market size, share and growth analysis by category, product type, end user and packaging, across all major regions and key countries, with forecasts for 2025–2034. The competitive landscape profiles 10 companies.
The global raisins market was valued at USD 2.57 Bn in 2025 and is projected to reach USD 4.05 Bn by 2034, growing at a CAGR of 4.65%. North America is the largest regional market and Europe is growing fastest.
Reports Description
Raisins Market Overview
As per the current market research conducted by the CMI Team, the global Raisins Market is expected to record a CAGR of 4.65% from 2025 to 2034. In 2025, the market size is projected to reach a valuation of USD 2.57 Billion. By 2034, the valuation is anticipated to reach USD 4.05 Billion.
A raisin is a grape that has been dehydrated or sun-dried. Raisins are tasty and chewy, and you may usually find them in oatmeal and granola pastries. Ristrettos are one of the most popular types of dried fruit, so you can find them in everything from the scones and cinnamon buns at an expensive bakery to the snack box of a preschooler.
Raisins are a fruit that can be baked, brewed, or cooked. They are grown across the globe. The black grapes known as raisins are only used in Australia, Ireland, the UK, New Zealand and South Africa. A sultana, or dried currant, is a little Black Corinth grape without seeds. The raisins industry is expected to be driven by the rising health consciousness among the population.
Moreover, increasing trends of vegan and plant-based diets are another prominent factor propelling the market expansion during the analysis period. However, the price volatility and seasonal nature of production might be major restraining factors for the raisins industry expansion.
As per the report published by the International Nut & Dried Fruit Council, an anticipated 200,000 MT of Chinese Sultanas and green raisins was produced in 2023, an 11% increase over 2022.
As per the statistics given by the California Raisin industry, the central San Joaquin Valley, which lies within a 60-mile radius of Fresno, California, is home to about 1,500 California raisins producers and around 100,000 acres of land used for producing 100% of the country's raisins. The United States and Canada consume 2/3rd of the raisins grown in the area. The remaining 1/3rd of the crop is sold to over 50 countries.
Raisins Market: Growth Factors
The health benefits of raisins propel the sector's growth
The growing awareness regarding the health benefits of raisins positively influences the raisins market. Owing to its robust nutritional value, raisins are good for a variety of illnesses. They provide an abundance of dietary fiber, which is beneficial to the gastrointestinal tract.
Along with these raisins also contain potassium, calcium, iron, and B vitamins which are important to maintain overall health. Raisins have high fiber content that helps with regular bowel movements and stool thickening, which prevents constipation. The world facing digestive issues and it is one of the prominent factors penetrating the expansion of the industry.
For instance, as per the MDVIP and Ipsos survey, 2/3rd of American adults experienced a digestive problem such as bloating, gas, and abdominal discomfort, but few of them visited a doctor for treatment. Therefore, the aforementioned statistics propel the industry revenue.
Technological advancements offer a potential opportunity for market expansion
Raising raisins involves drying grapes. Even with the improvements in drying techniques such as microwave and hot air drying, sun or shade drying, which is more laborious, was still quite time-consuming. The microwave drying process has an efficiency of about 70%.
Commodity insight states that the cost of dried grapes can vary dramatically depending on quality, from a minimum of 1000 INR per quintal to a maximum of 18,400 INR. A major factor propelling the growth of the raisins business throughout the forecast period is producers' adoption of modern technology, as improved drying procedures result in better prices. Drying methods have a major influence on grape quality.
Raisins Market: Recent Development
The raisins market has seen several new launches and acquisitions in recent years, with companies seeking to expand their market presence and leverage synergies to improve their product offerings and profitability. Some notable examples of product launches in the raisins market include:
In December 2023, Sun-Maid Growers of California revealed that their raisins are "breaking up" with fruitcake. In addition to the desire to discover a new dessert partner that highlights the adaptability and contemporary appeal of dried fruit, the decision to part with the Christmas dessert that many people love to oppose (88% declare opposition to the often regifted delicacy) was made.
The product launches in the market by the major players helped companies gain a competitive edge and expand their product offerings across the globe.
COMPARATIVE ANALYSIS OF THE RELATED MARKET
Raisins Market
Global Dried Fruits Market
Global Nuts Market
CAGR 4.65% (Approx)
CAGR 6.45% (Approx)
CAGR 5.45% (Approx)
USD 4.05 Billion by 2034
USD 17.58 billion by 2033
USD 96.39 billion by 2033
Raisins Market: Challenge
Fluctuations in the price of raw materials limit market growth
The factors including crop yield, weather, and shifts in cultivation area, can significantly affect the price of grapes, directly impacting the price of raisins. These types of fluctuations in price impact lower demand. Droughts and floods are adverse weather phenomena that can have a negative impact on grape production.
For instance, as per the data published by the Aegean Exporters' Association, grape production in Europe (Turkey) was severely impacted by the heavy rains with a downfall of 206,300 metric tons, 36% less than the previous year.
Raisins Market: Segment Analysis
By Category:
The conventional segment held the majority of the market share in the base year because these raisins are cheap as compared to organic raisins. Moreover, there is growing demand from developing regions such as Asia Pacific, Latin America and others.
Besides, the organic category is growing at a faster rate during the analysis period. The growth is the result of the rising consumer awareness associated with the benefits of organic raisins.
By Product Type:
The sultana segment held the largest revenue share in 2023. Sultana raisins are becoming a popular option because of their sweet taste and health advantages, as consumers search more and more for natural sweeteners to replace refined sugar in their diets.
Besides, the muscat segment is expected to grow at the highest CAGR during the projected period. Muscat raisins are high in dietary fiber, vitamins, and minerals, including iron and potassium, just like other types of raisins. Health-conscious consumers find them appealing because of their natural sugar content, which gives them a quick energy boost. This health benefits favoring the growth of the muscat resin market.
By End User:
The food industry is expected to dominate the market over the analysis period. The growth in this sector is due to the expanding popularity of frozen meals, nutritious snacks, and others. Additionally, the nutritional value content in raisins such as potassium, iron, calcium and others makes them popular choices in the food industry.
Nevertheless, the household’s segment is growing at a rapid rate over the analysis period owing to the rising knowledge about the health benefits of resins among households. Moreover, the growing social media platform and the rising screen time of a person are other notable factors for the industry's growth.
By Packaging:
The pouches segment is anticipated to garner a prominent market share over the projected period. Raisins are kept fresher longer in pouches by shielding them from air and moisture, which can hasten decomposition. Because of their longer shelf life due to this packaging, raisins are a popular choice for both customers and retailers.
On the other hand, jars & bottles are expected to grow at the fastest rate due to the rising trends of premiumization.
By Distribution Channel:
The supermarket is expected to capture a significant market share in 2023. Raising customer awareness of healthy eating has led to shops presenting raisins as a natural and nutrient-dense snack option. Raisins are prominently displayed in supermarkets with other health-conscious items like nuts and dried fruits, drawing in customers who are health-conscious.
Besides, the online stores are expected to grow at a rapid rate over the projected period. The market expansion is attributed to the increasing adoption of smartphones along with the growing penetration of 5G networks across the globe.
Report Scope
Feature of the Report
Details
Market Size in 2025
USD 2.57 Billion
Projected Market Size in 2034
USD 4.05 Billion
Market Size in 2024
USD 2.45 Billion
CAGR Growth Rate
4.65% CAGR
Base Year
2024
Forecast Period
2025-2034
Key Segment
By Category, Product Type, End User, Packaging, 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.
Raisins Market: Regional Analysis
North America is projected to lead the market growth during the analysis period. This is because of the region's strong production and rising demand. The International Nuts & Dried Fruits Council predicts that in 2020–2021, dried grape production will increase by 6% to 2,09,000 MT, with 215 thousand MT being consumed.
The expansion of the Raisins Market Size is driven by both the high production and the rising domestic demand. Moreover, the increasing prevalence of gastrointestinal disease and the growing trends towards organic food drive the expansion of the market.
However, Europe is growing at a significant pace in the global raisins industry. The market expansion in the region is owing to the increasing demand for healthy foods. Furthermore, the increasing production is another prominent factor for the raisins sector growth.
Raisins Market: Competitive Landscape
The raisins market is highly competitive, with a large number of manufacturers operating globally. Some of the key players in the market include:
These companies operate in the raisins market through various strategies such as enhancing guest experiences, expanding through mergers and acquisitions, and forming strategic partnerships.
Which are the driving factors of the Raisins Market?
The key factors driving the Market are The health benefits of raisins propel the sector's growth, Technological advancements offer a potential opportunity for market expansion.
Which type led the Raisins market?
The "Natural Seedless" category dominated the market in 2025.
Who are the key players in the Raisins market?
The key players in the market are Sun-Maid Growers of California, Geobres, Raisins South Africa, Bergin Fruit and Nut Company, Dole Food Company Inc., Murray River Organics Ltd, Sunsweet Growers Inc., Decas Cranberry Products Inc., Traina ® Home Grown, Lion Raisins Inc., Kiantama Ltd, Del Monte Foods Inc., National Raisin Company, Mariani Packing Company, Arimex, HBS Foods Ltd, Bob’s Red Mill Natural Foods, Others.
Which region held the largest market share in the Raisins market?
"North America" had the largest share in the Raisins Market.
What is the growth rate of the Raisins market?
The global market is projected to grow at a CAGR of 4.65% during the forecast period, 2025-2034.
How much is the Raisins market?
The Raisins Market size was valued at USD 2.57 Billion in 2025.
Ayush Kadam is a Senior Market Research Analyst at Custom Market Insights, with over seven years of experience in syndicated and custom market research. He specializes in market sizing, competitive intelligence, industry trends, forecasting, and strategic insights, helping clients turn complex data into actionable business decisions.