
Published On: Nov 2020
Published On: Nov 2020
Sultana Segment to Dominate North America Raisins Market during 2019–2027
According to a new market research study on “North America 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$ 778.69 million by 2027 from US$ 533.77 million in 2019. The market is estimated to grow at a CAGR of 4.9% from 2020 to 2027. The report provides trends prevailing in the North America Raisins market along with the drivers and restraints pertaining to the market growth. Awareness among the consumers regarding the health benefits of raisins are the major factor driving the growth of the North America Raisins market. However, issues associated with the unfavourable weather conditions hinder the growth of North America Raisins market.
The North America 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 North America 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 North America 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.
The U.S has the highest number of confirmed cases of COVID-19, as, compared to Canada and Mexico. This is likely to impact the transport in the region as, due to the COVID-19 outbreak, the supply and distribution chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.
Geobres, Lion Raisins, Red River Foods, Traina Foods, Sunsweet, Fruits of Turkey are among the leading companies in the North America 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 North America Raisins market as Follows:
North America Raisins Market – By Product Type
North America Raisins Market – By Nature
North America Raisins Market – By End User
North America Raisins Market – By Distribution Channel
North America Raisins Market – By Country
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