Report : Europe Raisins Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Natural Seedless, Golden Seedless, Black Currant, Sultana, Muscat, and Monukka), Nature (Organic and Conventional), End User (Food Industry, Food Service Provider, and Households), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Store, Online, and Others
Food Industry Segment to Dominate Europe Raisins Market during 2019–2027
According to a new market research study on “Europe Raisins Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Product Type, Nature, End User, and Distribution Channel,” is expected to reach US$ 1132.93 million by 2027 from US$ 796.37 million in 2019. The market is estimated to grow at a CAGR of 4.6% from 2020 to 2027. The report provides trends prevailing in the Europe Raisins market along with the drivers and restraints pertaining to the market growth. Rising application of raisins in food and beverage industry are the major factor driving the growth of the Europe Raisins market. However, issues associated with the unfavourable weather conditions hinder the growth of Europe Raisins market.
The Europe market for Raisins market is segmented into product type, nature, end user, distribution channel, and country. Based on product type, the market is segmented into natural seedless, golden seedless, black currant, sultana, muscat, and monukka. In 2019, the sultana segment held the largest share Europe Raisins market. Based on nature the Raisins market is divided into organic and conventional. Conventional is expected to be the fastest growing segment over the forecast period. Based on end user the market is segmented into food industry, food service provider, and households. In 2019, food industry held the largest share of Europe Raisins market. Based on distribution channel the market is divided into supermarkets and hypermarkets, convenience store, online and others. Supermarkets and Hypermarkets is expected to be the fastest growing segment over the forecast period.
In Europe, Russia is the hardest-hit country by the coronavirus outbreak. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Russia recorded the highest number of coronavirus cases. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.
Geobres, Lion Raisins, Akrodria, S & B Herbafoods (Sun- Maid), and Fruits of Turkey are among the leading companies in the Europe Raisins market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in
The Report Segments the Europe Raisins market as Follows:
Europe Raisins Market – By Product Type
- Natural Seedless
- Golden Seedless
- Black Currant
- Sultana
- Muscat
- Monukka
Europe Raisins Market – By Nature
- Organic
- Conventional
Europe Raisins Market – By End User
- Food Industry
- Food Service Provider
- Households
Europe Raisins Market – By Distribution Channel
- Supermarkets and Hypermarkets
- Convenience Store
- Online
- Others
Europe Raisins Market – By Country
- Germany
- France
- Italy
- UK
- Russia
- Rest of Europe
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