Product ID: UCMIG30I2208
Report ID:
UCMIG30I2208 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The dried berries market has experienced significant growth in recent years, with a valuation of USD 29.70 billion in 2018. This upward trend is expected to continue, as the market is projected to achieve a compound annual growth rate (CAGR) of 5.8% from 2019 to 2025. Factors contributing to this growth include the increasing demand for healthy and convenient snack options, as well as the rising awareness about the nutritional benefits of dried berries. Additionally, the expanding global population and changing consumer preferences towards natural and organic food products are also driving the market's expansion. With these favorable market conditions, the dried berries industry is poised for continued growth in the coming years.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Packaged Foods & Meats by segment aggregation, the contribution of the Packaged Foods & Meats in Food, Beverage & Tobacco and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Product ID: UCMIG30I2208