Global Packaged Currants Market 2018-2022

The global packaged currants market size will grow by USD 299.74 million during 2018-2022. This report offers an analysis of the market based on products (blackcurrants and redcurrants) and geography (the Americas, APAC, and EMEA). The report analyzes the market’s competitive landscape and offers information on several companies including Kabako Gruppe, Karelia Berries, SPECIAL FRUIT, Windmill Hill Fruits, and Xi'an Xiyu Minnong Natural Food.

Below are some of the key findings from the packaged currants market research report

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Global packaged currants industry overview

A major factor driving the packaged currants market’s growth is the growing awareness of the health-promoting benefits of consuming currants. Over the last decade, the packaged currants market has grown significantly because of the increasing awareness of the health-promoting benefits of currants and the surging demand for currants among consumers in regions such as Oceania, Eastern Europe, and Western Europe.

The rising trend of online retailing is identified as one of the prominent trends driving the global packaged currants market. The rising popularity of e-commerce businesses around the world has given vendors an opportunity to enhance their profit margins and revenues. In 2016, e-commerce accounted for nearly 12% of the global retail trade. Online and e-commerce channels support both business-to-consumer (B2C) and business-to-business operations. The average amount of money spent per online transaction and the number of online transactions have been growing. The rising number of Internet users and the ready-to-buy attitude of customers are the key contributing factors to the popularity of the online medium. The surging number of online shoppers across the globe will further contribute to the growth in the sales of packaged currants through this channel. Such factors will drive the packaged currants market to grow at a CAGR of nearly 7% during 2018-2022.

Top packaged currants companies covered in this market research report

The packaged currants market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this packaged currant industry analysis report will aid clients to identify new growth opportunities and plan better strategies.

The report offers a complete analysis of various companies including:

• Kabako Gruppe
• Karelia Berries
• SPECIAL FRUIT
• Windmill Hill Fruits
• Xi'an Xiyu Minnong Natural Food

Packaged currants market segmentation based on geographic regions

• Americas
• APAC
• EMEA

With a complete study of the growth opportunities for the companies, the EMEA region will account for the highest growth of this market throughout the forecast period. Due to the growing awareness of their health-promoting benefits among the consumers, the demand for packaged currants is expected to surge in the region throughout the predicted period.

Packaged currants market segmentation based on products

• Blackcurrants
• Redcurrants

The blackcurrant segment will account for the highest growth in the market. The blackcurrant segment held the largest market share in 2017, contributing to over 62% of the market. The market share for this segment is expected to increase by nearly 3% by 2022 and this product is expected to dominate the global market throughout the forecast period. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the packaged currants market size.

Key highlights of the global packaged currants market for the forecast years 2018-2022:

• CAGR of the market during the forecast period 2018-2022
• Detailed information on factors that will accelerate the growth of the packaged currants market during the next five years
• Precise estimation of the global packaged currants market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the packaged currants industry across the Americas, APAC, and EMEA
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details on the factors that will challenge the growth of packaged currants companies

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