Market Size of Prunes Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.34 Billion |
Market Size (2029) | USD 1.82 Billion |
CAGR (2024 - 2029) | 6.33 % |
Fastest Growing Market | Europe |
Largest Market | North America |
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Prunes Market Analysis
The Prunes Market size is estimated at USD 1.34 billion in 2024, and is expected to reach USD 1.82 billion by 2029, growing at a CAGR of 6.33% during the forecast period (2024-2029).
- Prunes are dried plums. According to data from the Office of Agrarian Studies and Policies (Odepa), Chile exported a total of 67,000 mt of prunes worth USD 256 million in 2022, with the main buyers being China (11,582 mt), Mexico (6,677 mt), and the United Kingdom (5,295 mt). In total, 81 countries received this dehydrated fruit. According to the Food and Agricultural Organization of the United Nations (FAO), globally, the United States accounts for 48% of world exports, followed by Chile (13 %) and France (12 %). France exports roughly 40% of its total production, and Chile exports as much as 90% (FAS).
- The global prune consumption peaked and is expected to register promising CAGR, primarily due to the changing consumption patterns across economically well-developed nations. Nowadays, people are more concerned about their health and shifting toward a healthy diet. Prunes are primarily made up of carbohydrates and are beneficial in managing several health conditions like constipation. It reduces bone loss and supports weight loss. It also improves heart health and prevents premature aging.
- As per the statistics revealed by the International Nuts and Dry Fruit Council, the United States was the largest consumer of prunes, followed by France, the Russian Federation, and Brazil, respectively, due to health benefits. Prunes' health benefits and nutrient quality make them popular among people, thus increasing the demand for prunes globally. The health benefits of prunes and the rising prominence of vegan diets are likely to accelerate the prune demand over the forecast period.