The Dry Fruit Market in India is
showing remarkable growth owing to the growing gift culture during various
festivals and occasions along with the rising health awareness among the
consumers. Consumers are becoming aware about the health benefits associated
with dry fruit consumption and this is leading to its increased consumption.
Moreover, the user industries of dry fruits are also growing steadily leading
to its increased demand from these sectors. This is further aided with the
penetration and availability of dry fruits in different packaging formats at
various retail points along with the increased disposable income amongst the
consumers. All these factors are indicating towards the bright future of the
Indian dry fruit industry in the coming years.
The report begins with the
introduction section which segregates the overall food processing industry into
its sub segments, one of which is the fruits and vegetables segment and dry
fruit is one of the sub segments of this group. It then moves into the market
overview section, which provides an overview of the global dried fruit and nut
market with details regarding its current market scenario, its overall
production and consumption during the last five years. Then the segmental
shares of overall tree nuts and dried fruits both in terms of global production
and consumption are shown. In addition to this, production and consumption
shares of individual nuts and dried fruits are also shown.
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The next section provides an insight
about the Indian dry fruit industry, its characteristics along with details
regarding its current market size and growth in the coming years. Segmental
share of the market in terms of organized and unorganized sector is also
provided. After this, overall consumption share of various dry fruits along
with zone specific segmentation and consumption pattern segmentation is also
included. Next, details regarding the dry fruits which are mostly grown in
India and those which are imported along with the names of the chief importing
nations are provided. This is followed by the production volume of some major
dry fruits along with India’s rank in the global market in terms of production
of those dry fruits. The next section elaborates on the value chain analysis of
the sector.
A separate section on import and
export of different types of dry fruits is also provided, highlighting the
growth in import and export values over the years. Then, details regarding
major importing and exporting nations are also provided.
An analysis of the drivers explains
the factors for growth of the industry that include festivals and gifting
culture, increasing health awareness, growth of user industries, booming retail
market, rising income and consumption and rapid urbanization. The key
challenges include rise in packaging costs, shortage of cold storage units, deficit
in power supply and under-invoiced imports.
The next section speaks about the
government rules & policies which covers Food Safety and Standards Act 2006
& Regulations 2011 and other government policies.
After this, a separate section of
government participation is provided which speaks about Agri Export Zones and
state specific initiatives taken by the government of India for boosting the
dry fruit industry.
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The major trends identified in the
sector include exhibitions and events, innovative packaging, organic dry
fruits, dry fruit nankhatais, gaining special space in retail, postal dry fruit
delivery from Kashmir and usage of mainline container vessels for cashew
imports.
The competition section offers a
competitive landscape of the players by providing their financials and key
financial ratios. It also provides elaborate information regarding the
organizations. Key financial parameters constitute the financial performances
of the players which are followed by business highlights. Porters Five Forces
Analysis has been incorporated for a brief but effective understanding of the
market scenario.
The report concludes with a section
on strategic recommendations which comprises an analysis of the growth strategies
for the dry fruit market in India.
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