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Global Apricots Market 2020-2024 | Evolving Opportunities with ApricotKing and B & R Farms LLC | Technavio

November 21, 2019
Global Apricots Market 2020-2024 | Evolving Opportunities with ApricotKing and B & R Farms LLC | Technavio
Global Apricots Market 2020-2024 | Evolving Opportunities with ApricotKing and B & R Farms LLC | Technavio

LONDON--(BUSINESS WIRE)--Nov 21, 2019--

The global apricots market is poised to grow by USD 918.45 million during 2020-2024 at a CAGR of almost 4% during the forecast period. Request Free Sample Pages

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Technavio has announced its latest market research report titled global apricots market 2020-2024. (Graphic: Business Wire)

Read the 126-page research report with TOC on “Apricots Market Analysis Report by Product (Conventional apricot and Organic apricot), by Geography (APAC, Europe, MEA, North America, and South America), and Segment Forecasts, 2020 - 2024”.

The market is driven by rising awareness of the health benefits of apricots. In addition, the increasing popularity of plant-based food products is anticipated to further boost the growth of the apricot market.

Growing awareness among consumers about the health benefits of apricots is driving the market. Apricots are an excellent source of Vitamin A, C, and E. These vitamins play a significant role in promoting eye health by protecting them from damage caused by free radicals. Apricots are also rich in soluble fiber, which is crucial for maintaining healthy blood sugar and cholesterol levels. They also contain antioxidants and high concentration of flavonoids which aid in neutralizing harmful compounds such as free radicals that damage cells and cause oxidative stress. Thus, rising awareness of the health benefits offered by apricots will drive the apricot market during the forecast period.

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Major Five Apricots Market Companies:

ApricotKing

ApricotKing is headquartered in the US and operates the business under various segments such as Dried California apricots, Dried California fruits, Unsulphured fruits, Walnuts, almonds, and pistachios, Apricot jams and syrups, Chocolate covered and other sweets, Bulk fruits and nuts, and Gift collections and boxes. The company offers apricots under the brands SIMPLY SLABS and SlipPits.

B & R Farms LLC

B & R Farms LLC is headquartered in the US and offers different types of apricot products, such as dried California Blenheim apricots, apricot fruit preservatives and toppings, chocolate covered apricots, apricot frozen puree, and sun-dried apricot seeds. The company offers apricots under the brands, Royal Medallions and Sweet Beauties.

Purcell Mountain Farms

Purcell Mountain Farms is headquartered in the US and has business operations under various business segments, namely Organics, Grains, Beans, Spices, Nuts, and Mushrooms. The company offers apricots under the brand, Purcell Mountain Farms.

Sunbeam Foods

Sunbeam Foods is headquartered in Australia and offers various food products, such as sultanas, raisins, currants, cherries, almonds, and other food products. The company offers apricots under the brand, Sunbeam.

Traina Dried Fruit Inc.

Traina Dried Fruit Inc. is headquartered in US and offers products through the following business segments: Dried fruits and vegetables and Condiments. The company offers apricots under the brand, Traina.

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Apricots Product Outlook (Revenue, USD Million, 2020-2024)

Apricot Regional Outlook (Revenue, USD Million, 2020-2024)

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.Request a free sample report

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191121005722/en/

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KEYWORD:

INDUSTRY KEYWORD: FOOD/BEVERAGE RETAIL

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/21/2019 06:00 PM/DISC: 11/21/2019 06:00 PM

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