Market Size of Dried Apricots Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 3.80 % |
Fastest Growing Market | North America |
Largest Market | Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Dried Apricots Market Analysis
The Global Dried Apricots Market is projected to register a CAGR of 3.8% over the forecast period.
- Apricots have several health benefits including antioxidant propertiesand are proven to boost eye, skin and gut health, in addition to being high in potassium content.
- Dried apricots are traded internationally in large quantities. Turkey is the largest producer and exporter of apricots. The country produced 985,000 metric ton of apricots in the year 2017 and exported 94,999 metric ton of dried apricots worth USD 266.9 million in the year 2017.
- There is increasing preference for organic dried apricots, especially among consumers in North America and Europe and the organic segment is projected to register a faster grtowth rate, compared to the conventional segment over the forecast period (2020-2025).