Growing consumer demand for natural products from food as well as cosmetic industry has led to the development of dried fruit extracts market. Several dried fruit extracts such as apricot extracts, dates extract, raisins extract and others are gaining increasing application for flavoring and nutrition in food, beverages, bakery, confectionary, pharmacy, and health industry. Further, rising demand for products such as dried fruit chips in the recent times is expected to bode well with the progress of dried fruits extract market. As dry fruits offer excellent nutritional as well as natural anti-oxidant properties, their extracts are widely used in cosmetic manufacturing.
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Shifting consumer preference towards natural ingredients over the artificial ones in cosmetics and personal care products is likely to influence the growth of dried fruit extracts market. Improved product information along with increasing product visibility in various regions across the world on the coattails of penetration of online stores will possibly increase the adoption new products such as dried fruit extracts. In addition, easier accessibility to wide array of food and other products is likely to boost growth of the dried fruit extracts market. Growing exports of dry fruits, especially in emerging economies will continue to shape the future of dried fruit extracts market.
The natural benefits of fruit extracts and unswerving advantage in terms of flavor and color has increased its demand in the past few years across the globe. The rapid absorption of the flavors of fruit extracts by the body has increased its popularity not only in cooking and baking but also in cosmetics. The evolution in the market has led to the development of different types of fruit extracts like liquid fruit extracts, powder fruit extracts, dried fruit extracts and extracts for brewing beer. Among these Dried Fruit Extracts Market have gained a lot of popularity due to the precise flavor profile accompanied with high nutritional value, Known for their subtle flavor these extracts have led to an elevation in the consumer awareness regarding the skin and health benefits.
Dried fruit extracts are emanating as one of the most important products in food and health department. Products like dried fruit chips, spices, and black lime are serving a great use in food industry accompanied by the hair and beauty articles along with advancement in traditional medicines as well. At present USA produces the maximum amount of dried fruit extracts whereas the major demand for these extracts are in UK, Germany, Canada, and Japan. Dried fruit extracts are enriched with antioxidants and the fast absorption rate of these extracts by the body makes them beneficial for improving vision, hair and skin texture along with proper functioning of heart and nerve responses. These benefits have surged the demand of dried fruit extracts at a robust level globally.
Global Dried Fruit Extracts Market: Key Players: Some of the key players operating in the dried fruit extracts market are Archer Daniels Midland, Doehler, Graceland Fruit, Kanegrade, Sweet Dried Fruit, Inc., Monk Fruit Corp., Ever Organic, Plant Lipids, Nikken, Van Drunen Farms, and others are introducing new alternatives and elaborating the benefits of dried fruit extracts among the consumers thus, taking over smaller companies leading to expansion.
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The products obtained from dried fruit extracts have influenced the market greatly over the past few years and continue to captivate more consumers in the future. With an era of healthy lifestyle, consumers prefer using products derived from a natural source. This has, in turn, penetrated the demand for these extracts amongst the manufacturers as well as the buyers triggering an expansion in the market.
Brief Approach to Research
PMR will follow a modelling-based approach and triangulation methodology to estimate data covered in this report. A detailed market understanding and assessment of the applications, types, forms and end uses of the product segments covered in the study is followed by carrying out a demand-side approach to estimate the sales of target product segments, which is then cross-referenced with a supply-side assessment of value generated over a pre-defined period. The statistics and data is collected at a regional level, consolidated and synthesized at a global level to estimate the overall market sizes.
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
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