Dried Mango Market 2024 – Market Size & Segments Analysis, Industry Trends, Manufacturers Analysis, Opportunities and Forecast 2030
Page: 215 | Report Code: FB24092701 | Research Suite: Report (PDF) & Market Data (Excel)
The global market value of Dried Mango Market was valued at USD XX.X billion in 2022, and CAGR of 7.1% is expected during the forecast period. Increasing popularity of mango as the most preferred fruit and increasing demand for dried mango for healthy snacking and nutritional benefits are driving growth in the market significantly. Growth in vegan and vegetarian diets is increasing consumer preference for dried mangoes.
Effective marketing campaigns and increasing consumer concern about environmental and healthy aspects of food products are driving growth in the market. With rising disposable income in emerging economies, consumers are willing to go for a wide range of flavors and product variants.
Growth-Drivers
Increasing demand for the snacks, which are rich in vitamins, antioxidants, and fibers, is driving growth in the market. A shift towards plant-based and vegetarian diets has boosted the demand for dried mango. It aids digestion and is rich in Vitamin A and Vitamin C. Increased awareness of these benefits is driving the consumption of dry mangoes significantly. The growth of online retailing and improved supply chains has made dried mango more accessible to a wide range of consumers. Supermarkets, specialty stores, and e-commerce platforms are expanding their product offerings.
Innovations in the
market are attracting a large consumer base and driving growth in the market.
While established markets in North America and Europe continue to grow, there
is also an increasing demand in emerging markets, driven by rising disposable
incomes and changing dietary patterns. Useful forms of dried mango are powder,
chunks, slices, and pieces. Increasing demand for dried mango in the
manufacturing of pickles is also driving market growth significantly. Rising
disposable income and increasing urbanization all over the world are
commercially increasing the growth in the market.
Segmentation
By Type
·
Conventional
·
Organic
·
No-Sugar-Added
By Application
·
Direct Consumption
·
Bakery and Confectionary
·
Dairy and Frozen Desserts
·
Breakfast Cereals
By Form
·
Slices
·
Powder
·
Chunks or Pieces
By End-User
·
Retail
·
Food-Service
·
Industrial
By Distribution Channel
·
Supermarkets
·
Hypermarkets
·
Convenient Stores
·
Online Retails
·
Specialty Stores
Regional Outlook
·
Asia Pacific
·
North America
·
Latin America
·
Middle East and Africa
·
Europe
Dried Mango Market by Form Segmentation
On the basis of the form, the dried mango market is segmented into slices, powders, chunks, and pieces. The most demanding and dominated form is slice; this is the dominant segment and is expected to dominate the market during the forecast period due to its high demand and convenient ready-to-eat snack option. Slices are popular among consumers because they retain the texture and flavor of fresh mangoes, making them a preferred choice for both direct consumption and use in various food applications such as snack bars and breakfast cereals.
Increasing demand for ready-to-eat snacks that are full of vitamins and minerals is driving growth in the market significantly. Powders are also one of the leading segments. Dried mango powder, often referred to as mango flour or amchur, is used primarily as a flavoring agent in various culinary applications. It is popular in the food processing industry for use in products like sauce, smoothies, dressings, and snacks. The demand for dried mango powder is increasing due to its versatility in cooking and the manufacturing of food. Increasing demand for mango chunks in bakery products, confectionary items, and dairy applications such as yogurt and ice cream.
They offer a balance between the convenience of small pieces and the
rich texture. The chunk segment is particularly popular in the food industry,
where they are used for both flavor and visual appeal in dishes. Increased awareness
of these benefits is driving the consumption of dry mangoes significantly. The
growth of online retailing and improved supply chains has made dried mango more
accessible to a wide range of consumers. Supermarkets, specialty stores, and
e-commerce platforms are expanding their product offerings. Innovations in the
market are attracting a large consumer base and driving growth in the market.
Dried mango pieces, smaller than slices but larger than
chunks, are primarily used in breakfast cereals, trail mixes, and as toppings
for dessert. This form is favored for its ease of incorporation into various
recipes and snacks without overpowering other ingredients. Demand for this
segment is supported by the trend towards healthy snacking.
Regional Outlook
On the basis of the regions, the dried mango market is segmented into 5 parts: Asia Pacific, North America, Latin America, the Middle East and Africa, and Europe. Asia Pacific is the leading segment and is expected to grow significantly during the forecast period. Due to its abundant cultivation, the region is expected to dominate the market significantly. Increasing population in emerging economies in the region’s strong growing demand for healthy snacks is driving growth in the market.
The presence of key
players in the Asia Pacific region and rising disposable income along with
urbanization are driving growth in the market. Increasing industrialization in
countries like China, Japan, and South Korea is witnessing significant growth
in the market. Increasing demand for natural and nutritious food options is
driving the market towards a new height in the region. Increasing preference of
people to have healthier snacks is the reason behind the significant growth in
the market.
North America is another leading segment where people do prefer dried mangoes due to increasing demand for exotic and tropical flavors. Increasing consumer demand for healthy snack options, the United States is the largest market, followed by Canada and Mexico. The rise of plant-based diets, increasing awareness of the health benefits of dried fruits, and preference for convenient snacks are driving the growth.
In Europe, the market is also
expanding with the presence of countries like Germany, the United Kingdom,
France, Italy, and Spain. Rising demand for natural and organic snacks is
driving the demand in the market. There is a growing interest in low-sugar and
no-sugar-added. Changing consumer preference toward healthier, convenient snack
options and increased awareness of nutritional benefits of dried mango is
driving growth in the market.
Dried mango pieces, smaller than slices but larger than
chunks, are primarily used in breakfast cereals, trail mixes, and as toppings
for dessert. This form is favored for its ease of incorporation into various
recipes and snacks without overpowering other ingredients. Demand for this
segment is supported by the trend towards healthy snacking.
Key Players
·
Agrosyn Impex
·
Biofruisec
·
DACO France SA
·
Forest Feast
·
Gebana Afrique
·
Horizon Foods Ltd
·
Topical Wholefoods
·
Seeberger
·
Tradin Organ Agriculture B.V.
·
Westfalia Fruit Products
· Other Players