Rising Medical Benefits Awareness of Dried Fig Boost the Market Growth
Many initiatives are ongoing by government to strengthen the dried fig market, and expand the market growth. For instance, in December 2023, Turkey organised two-days event to promote fig as special agricultural product under one country one priority product (OCOP) initiative of FAO, to exchange ideas between central and local government, private sectors, farmers and traders, to increase market growth and support the fig market sector, by introducing wide range of dried fig products such as baked goods, salads, cheese platters, and topping for cereals and yogurt.
Increasing Awareness About Figs Nutritive Value Fuels the Market Growth
Growing preference for organic dried figs, and increasingly adopting of organic farming practices and certifications to meet this demand and appeal to environmentally conscious consumers. Manufacturers and suppliers are offering various forms of dried figs, such as whole figs, diced figs, fig paste, and fig powder, allowing different culinary and industrial applications, catering to different customer needs. For instance, in May 2023, International Nut & Dried Fruit Council organised 40th world nut and dried congress in London, having 1300 professionals, from more then 60 countries, includes discussion on different types of nuts and dry fruits, resulting in expansion of dried fig export market globally.
Recent Trends in the Dried fig Market Industry:
- Increasing demand for natural snack with health benefits.
- Growing demand for antioxidant enriched fruits
- Increasing awareness about nutritive value of fig
- Rising demand for nutritive easy to store food options
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Seasonal Price Fluctuation and Perishability of Product Hampers the Market Growth
However, increasing competition from other dried fruits and snacks in the market, such as raisins, dates, apricots, and prunes, as these alternatives are more widely available, cheaper, and are used in more culinary applications. Despite increasing efforts in promoting the healthy benefits and versatility of dried figs, consumer awareness and preferences vary regionally, as in some markets, dried figs may be less familiar or less commonly used in everyday cooking and snacking compared to other dried fruits.
Furthermore, to maintain the the quality of product during storage and transportation is important for longer shelf life, as they are more susceptible to spoilage and can be challenging in certain climatic conditions. In addition, maintaining high hygienic processing standards, and packaging is essential but requires investment and adherence to meet food safety standards across different markets can be a challenge for producers and exporters.
Advancement in Sorting Process and Portion-Controlled Flavoured Products Boost the Market
Market players are launching single-serve snack packs of dried figs, catering to the growing demand for convenient, on-the-go snacks. These portion-controlled packs appeal to health-conscious consumers looking for nutritious and satisfying snack options. For instance, in June 2023, Sunny Fruits announced to launch prebiotic organic dried figs in china, these are infused with probiotics of chicory root fibres, and to increase the health benefits fruits contain oligofructose enriched inulin and bacillus coagulan GBI, providing benefits such as constipation and irrigated bowl movements.
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Mediterranean Countries are Expanding the Market Growth
The rising demand for dried figs is driven by Mediterranean countries such as Turkey, Greece, and Spain as they are the major producers and exporters of dried figs markets worldwide, resulting in expanding Europe and Asia-pacific dried fig market. In addition, with the increasing health conscious population and growing dried fig recognition as nutritive superfood led to rise in in the demand of dried fig products. Many market players are using e-commerce, for easy accessibility and to wider consumer base to increase market growth.
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Regions | Countries |
---|---|
North America | United States, Canada |
Latin America | Brazil, Mexico, Argentina, Colombia, Chile, Central America Countries, Caribbean Countries, Rest of Latin America |
Europe | Germany, United Kingdom, France, Italy, Spain, Russia, Poland, Netherlands, Switzerland, Belgium, Sweden, Austria, Norway, Denmark, Czech Republic, Rest of Europe |
Asia Pacific | China, India, Japan, South Korea, Australia & New Zealand, Indonesia, Singapore, Malaysia, Philippines, Vietnam, Thailand, Bangladesh, Rest of Asia Pacific |
Middle East and Africa | GCC Countries, South Africa, Nigeria, Egypt, Turkey, Morocco, Ethiopia, Algeria, Israel, Iran, Iraq, Kenya, Rest of MEA |
Dried Fig Market Research Report Covers In-depth Analysis on:
- Dried fig market detailed segments and segment-wise market breakdown
- Dried fig market dynamics (recent industry trends, drivers, restraints, growth potential, opportunities in dried fig market industry)
- Current, historical and forthcoming 10 years market valuation in terms of dried fig market size (US$ Mn), volume (Tons), share (%), Y-o-Y growth rate, CAGR (%) analysis
- Dried fig market demand analysis
- Dried fig market pricing analysis over forecast period (by key segment and by region)
- Dried fig market regional insights with region-wise market breakdown
- Competitive analysis – key companies profiling including their market share, product offerings, and competitive strategies.
- Latest developments and innovations in dried fig market
- Regulatory landscape by key regions and key countries
- Supply chain and value chain analysis in dried fig market
- Dried fig market sales and distribution strategies
- A comprehensive overview of parent market
- A detailed viewpoint on dried fig market forecast by countries
- Mergers and acquisitions in dried fig market
- Essential information to enhance market position
- Robust research methodology