Rising adoption of candied fruits in bakery and confectionery industries enhances product demand across channels, States Fact. MR

According to Fact.MR, a market research and competitive intelligence provider, the global Candied Fruits Market is estimated to reach a valuation of US$ 2,634.6 million in 2024. It is expected to grow at a CAGR of 3.7% during the forecast period of 2024 to 2034.

The global candied fruits market epitomizes flexibility in traditional confectionery craftsmanship and changing consumer preferences, overcoming the dark spots of the modern food industry's classic landscape. This niche market segment has experienced substantial growth based on more extensive usage of candied fruits in various culinary applications, from the traditional forms of baked goods to innovative presentations of desserts. The most remarkable expansion of the market takes place in those regions with a keen food culture and rising disposable income where consumers increasingly look out for high and artisan food products.

The development of online retail channels has simplified the purchase of specialty candied fruit products which ensures that many small-scale entrepreneurs engaging in production can sell their products abroad creating a diverse market. The sector has been boosted by the increasing consumer trends of gifting and celebrating festivals more frequently, especially on occasions where candied fruits are used culturally but repackaged and modernized to fit the current ways of dressing food. As the manufacturers constantly develop and experiment on new flavors, eco-friendly materials, and clean products to satisfy the ever-demanding consumers, the market is likely to grow even more in the future. This improvement has allowed the candied fruits sector to keep up with the societal evolution of the markets without much straining the production techniques already in place as part of the processes hence being one of the active and resilient sectors in the global confectionery industry.

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Leading Players Driving Innovation in the Candied Fruits Market:

The Key Players in the Infant Candied Fruits Industry include Dole Food Company, Inc.; Sunsweet Growers Inc.; Ghirardelli Chocolate Company; Del Monte Foods, Inc.; Bertie’s Candies; Ocean Spray Cranberries, Inc.; Sun-Maid Growers of California; J.M. Smucker Company; Taste of Nature Inc.; Pineapple, Inc.; A. J. Canepa; Other Prominent Players.

Key Takeaways from the Candied Fruits Market Study:

The global candied fruits market is projected to grow at 4.4% CAGR and reach US$ 3,820.0 million by 2034. The market created an opportunity of US$ 1,185.5 million between 2024 to 2034

North America is a prominent region that is estimated to hold a market share of 24.3% in 2034. Predominating market players include Sunsweet Growers Inc., Del Monte Foods, Inc.& Pineapple, Inc.

Diced/chopped candied fruits from product type is estimated to grow at a CAGR of 3.9% creating an absolute $ opportunity of US$ 517.9 million between 2024 and 2034. Consumer Retail of candied fruits under the End-Use Industry type is expected to reach around US$ 1,696.7 million by 2024

“The confectionery industry’s growth enhances demand for candied fruits as a popular ingredient in sweets and chocolates.” says Fact.MR analyst.

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Candied Fruits Market News & Trends:

Nuts.com To capitalize on the expanding market for health-conscious products, Nuts.com added more organic products to their lineup in March 2023. Their brand is now more visible and appealing to a wider range of customers thanks to this calculated approach.

Company Ghirardelli Chocolate: The second stage of Ghirardelli's flagship shop makeover in San Francisco was announced in January 2023. The goal of the project is to commemorate the brand's rich chocolate-making heritage while also improving the customer experience.

Aqua Nutrition by Cargill. Del Monte Foods debuted additional international tastes, such as Mexican Style Street Corn, in October 2024. Their dedication to innovation and adapting to a wide range of consumer preferences is demonstrated by this launch, which expands their product line.

Development by Market Players in the Candied Fruits Market

• J.M. Smucker Company: In Apr 2023, J.M. Smucker announced plans for expanding its product offerings across various segments, particularly in coffee and pet food. This strategic move aims to cater to evolving consumer preferences while enhancing brand loyalty through innovative solutions that meet customer needs.
• Taste of Nature Inc.: Sep 2022, Taste of Nature launched a new range of organic snacks that quickly gained popularity among health-conscious consumers. This initiative reflects the company's commitment to providing high-quality, nutritious products that align with current dietary trends while expanding their market reach.
• McKenzie’s: In Jan 2024: McKenzie’s launched a new line of frozen meals aimed at busy consumers seeking convenient meal solutions without sacrificing quality or taste. This initiative reflects the company's commitment to meeting modern consumer demands for quick yet nutritious options.

Fact.MR, in its new offering, presents an unbiased analysis of the global candied fruits market, presenting historical data for 2019 to 2023 and forecast statistics for 2024 to 2034.

The study reveals essential insights based on Product Type (Whole Candied Fruits, Diced/Chopped Candied Fruits, Candied Fruit Peel), End-User (Industrial Users [Food Manufacturing, Food Service], Consumer Retail [Traditional Retail, Modern Retail]) & Distribution Channel (B2B Channel[Food manufacturers, Bakeries, Hotels & restaurants, Wholesalers]B2C Channel[Supermarkets/Hypermarkets, Specialty stores, Online retail, Traditional grocery stores, Convenience stores])across major regions of the world (North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia, and Pacific, Middle East & Africa).

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