Dried Cranberry Market is expected to reach US$ 1,898.9 Mn in 2027

by Sameer Joshi or 24-Feb-2021
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Report : Dried Cranberry Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Product Type (Freeze Dried, Sun Dried, Infused Dried, and Others), Nature (Conventional and Organic), End Use (Bakery Products, Confectionaries, Dairy Products, Beverages, Cereal & Snack Bars, and Others), Distribution Channel (Supermarkets & Hypermarkets, Convenience Stores, Online Channels, and Others), and Geography

The scope of the “Global Dried Cranberry Market Forecast t2027 – Analysis and by segments and Geography” study entails understanding the factors governing the growth of the market along with estimates and forecast of the revenue and market share analysis and alsspots the significant dried cranberry market players and their key developments.
 
The global dried cranberry market was valued at US$ 1,207.6 million in 2019 and is projected treach US$ 1,898.9 million by 2027; it is expected tgrow at a CAGR of 5.9% during the forecast period. Dried cranberries are made by partially dehydrating fresh cranberries, which are red, tart berries. They are mostly used in trail mix, salads, bread, cereals, smoothies, juices, and baked food tenhance their taste. Dried cranberries are consumed as snacks in the North American countries, such as the US, Canada, and Mexico. They are most popular in the US and are commonly consumed during the Thanksgiving and Christmas holidays. Similar tother dried fruits, cranberries are a good source of fibers and antioxidants. The commercially produced dried cranberries contain added sugar, and they may alsbe coated in vegetable oil tkeep them from sticking together.
 
On the basis of nature, the dried cranberry market is segmented intorganic and conventional. In 2019, the conventional segment dominated the market. Conventional cranberry producers focus more on gaining mass yields of the berries with the use of synthetic fertilizers and pesticides tenhance the overall productivity. The wide adoption of the conventional farming technique is alsattributed tthe low production costs, which enabler farmers tsell their products at lower costs, which is instrumental in boosting sales. Moreover, the lack of knowledge among farmers regarding the health benefits of organic produce alspromotes the market for conventionally produced dried cranberries. The organic yields account for only 5% of the total cranberries produced in the US. However, the cranberries produced by conventional methods may have lower nutrient content than the organic cranberries. The conventional method involves health and environmental hazards owing tthe release of pollutants tthe environment; moreover, animals and humans are at a risk of consuming plants or plant parts coated with chemical fertilizers and pesticides.
 
The global dried cranberry market is segmented intfive regions—North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America. North America held the largest share of the global dried cranberry market in 2019, followed by Europe and Asia Pacific. North America is home ta few of the major players such as Fruit d'Or; Graceland Fruit Inc.; Decas Cranberry Products, Inc.; and Honestly Cranberry.
 
By Product Type
  • Freeze Dried
  • Sun Dried
  • Infused Dried
  • Others
By Nature
  • Conventional 
  • Organic
By End-Use
  • Bakery Products 
  • Confectionaries
  • Dairy Products 
  • Beverages 
  • Cereal & Snack Bars
  • Others
By Distribution Channel
  • Supermarkets & Hypermarket
  • Convenience Store
  • Online 
  • Others
By Geography
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • Italy
    • UK
    • Russia
    • Rest of Europe
  • Asia Pacific (APAC)
    • Australia
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • UAE
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of South America
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