The worldwide raisins market is wide-spread, aggressive, and divided. The nourishment assembling organizations are following client driven way to deal with addition the focused edge in the worldwide raisin showcase, says Transparency Market Research (TMR). These organizations are concentrating on presenting organoleptic properties in raisins as a system to enter into the worldwide raisins advertise.
Because of quick paced life individuals are receiving quick and nutritious breakfast alternatives. Grains, for example, cornflakes, rice chips, and muesli, and so forth contain dry organic products, for example, almonds, pecans, and raisins. Rising interest for oat based breakfast is required to give development chances to the worldwide raisins showcase. The worldwide raisins market is required to increment at a 5.4% CAGR during the conjecture time frame 2018 to 2026.
With emergence of organic food industry, these companies are focusing on introducing natural raisins keeping health at the forefront. They are also keen on introducing innovative s and value-added products in the global market for raisins. Some of the prominent players in the global raisins market include Sunbeams Foods Pty Ltd, Sun-Maid Growers of California, Decas Cranberry Products, Inc., Bergin Fruit and Nut Company Inc. and Kiantama Oy.
Cakes & Bakes Industry to Provide Impetus to Global Raisins Market
Large number of food manufacturers and bakers add raisins to their products to enhance the taste and smell of the products. Raisins are the most common dry fruit added to various recipes. This increases the demand for raisins across the globe. Thus, pushing the global raisins market towards expansion during the forecast period. Additionally, bakers use raisins to improve the texture of their baked cakes and cookies. Therefore, it results in higher demand for raisins, owing to growth in the global raisins market.
Moreover, raisin is one such dry fruit that can act as a substitute in any recipe that requires any other dry fruit. Such a versatile feature of raisins nudges the global raisins market to achieve growth during upcoming years.
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Convenience Food to Boost Growth in Global Raisins Market
Changing and busy lifestyle calls for ready-to-eat and convenience food. The food and beverage companies add raisins to such ready to eat food, smoothies, sweets, and savories. This creates a huge demand for raisins in the global market. High consumption of ready to eat and convenience food provides impetus to growth in the global raisins market. Furthermore, people always look for nutritious food on-the-go, so raisins are largely incorporated in granola bars and protein bars. Raisins are also added as a flavoring and taste enhancing agent in chocolates. Juice extracted from raisins can be incorporated in dips, sauces, and marinades. Further, this juice or raisins can be added as a topping or a flavor to ice-creams, flavored yogurt, etc. Thus, rising demand for such products expected to direct the global raisins market to expand during the forecast period.
