World - Fruits, Nuts And Peel (Sugar Preserved) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCandied Fruit Market
The global market for candied fruits is projected to experience growth in the coming years, driven by rising demand worldwide. Consumption trends indicate an upward trajectory, with market performance expected to accelerate with a CAGR of +1.5% for volume and +3.5% for value from 2022 to 2030. The market is forecasted to reach 903K tons in volume and $3.3B in value by the end of 2030. China leads in both consumption and production of candied fruits, with other countries showing varying growth rates in consumption and production.
Market Forecast
Driven by increasing demand for candied fruits worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.5% for the period from 2022 to 2030, which is projected to bring the market volume to 903K tons by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +3.5% for the period from 2022 to 2030, which is projected to bring the market value to $3.3B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Candied Fruits
For the ninth consecutive year, the global market recorded growth in consumption of candied fruits, which increased by 0.1% to 800K tons in 2022. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +58.3% against 2013 indices. Global consumption peaked in 2022 and is expected to retain growth in the immediate term.
The global candied fruit market size dropped to $2.5B in 2022, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +68.7% against 2012 indices. Global consumption peaked at $2.5B in 2021, and then fell slightly in the following year.
Consumption By Country
The country with the largest volume of candied fruit consumption was China (155K tons), comprising approx. 19% of total volume. Moreover, candied fruit consumption in China exceeded the figures recorded by the second-largest consumer, the United States (59K tons), threefold. The third position in this ranking was taken by India (57K tons), with a 7.1% share.
From 2012 to 2022, the average annual growth rate of volume in China stood at +7.1%. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (+6.2% per year) and India (+5.2% per year).
In value terms, China ($541M) led the market, alone. The second position in the ranking was taken by Japan ($213M). It was followed by the United States.
From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +9.5%. In the other countries, the average annual rates were as follows: Japan (+0.7% per year) and the United States (+6.0% per year).
The countries with the highest levels of candied fruit per capita consumption in 2022 were Cambodia (999 kg per 1000 persons), Italy (585 kg per 1000 persons) and France (234 kg per 1000 persons).
From 2012 to 2022, the biggest increases were recorded for Cambodia (with a CAGR of +33.9%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Candied Fruits
In 2022, production of candied fruits decreased by -3.1% to 845K tons for the first time since 2015, thus ending a six-year rising trend. The total output volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when the production volume increased by 8.8% against the previous year. As a result, production attained the peak volume of 872K tons, and then fell modestly in the following year. The general positive trend in terms output was largely conditioned by temperate growth of the harvested area and a relatively flat trend pattern in yield figures.
In value terms, candied fruit production reduced modestly to $2.7B in 2022 estimated in export price. The total output value increased at an average annual rate of +3.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when the production volume increased by 11% against the previous year. Over the period under review, global production attained the peak level at $2.8B in 2021, and then fell slightly in the following year.
Production By Country
The country with the largest volume of candied fruit production was China (203K tons), accounting for 24% of total volume. Moreover, candied fruit production in China exceeded the figures recorded by the second-largest producer, India (58K tons), threefold. Thailand (57K tons) ranked third in terms of total production with a 6.7% share.
From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +2.5%. In the other countries, the average annual rates were as follows: India (+5.0% per year) and Thailand (-1.6% per year).
Imports
World Imports of Candied Fruits
For the third consecutive year, the global market recorded growth in overseas purchases of candied fruits, which increased by 1% to 179K tons in 2022. The total import volume increased at an average annual rate of +4.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 15% against the previous year. Global imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, candied fruit imports expanded slightly to $498M in 2022. The total import value increased at an average annual rate of +4.4% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 13%. Global imports peaked in 2022 and are likely to continue growth in the near future.
Imports By Country
In 2022, China (32K tons), followed by Thailand (21K tons), the United States (11K tons), Kazakhstan (8.3K tons), the UK (8.3K tons) and Malaysia (8.2K tons) represented the main importers of candied fruits, together achieving 49% of total imports. Germany (7.2K tons), Russia (6.9K tons), Japan (6.1K tons), France (5K tons), Singapore (3.6K tons), Australia (3.4K tons) and Taiwan (Chinese) (3.1K tons) followed a long way behind the leaders.
From 2012 to 2022, the biggest increases were recorded for Kazakhstan (with a CAGR of +39.4%), while purchases for the other global leaders experienced more modest paces of growth.
In value terms, China ($110M) constitutes the largest market for imported candied fruits worldwide, comprising 22% of global imports. The second position in the ranking was held by the United States ($39M), with a 7.7% share of global imports. It was followed by the UK, with a 5.6% share.
From 2012 to 2022, the average annual rate of growth in terms of value in China stood at +32.4%. In the other countries, the average annual rates were as follows: the United States (+4.2% per year) and the UK (-0.6% per year).
Import Prices By Country
In 2022, the average candied fruit import price amounted to $2,783 per ton, rising by 3.7% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average import price increased by 6.3%. Over the period under review, average import prices hit record highs at $2,937 per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($4,688 per ton), while Kazakhstan ($648 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+5.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Candied Fruits
In 2022, global exports of candied fruits reduced to 224K tons, shrinking by -10.5% against the previous year. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 15%. The global exports peaked at 255K tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
In value terms, candied fruit exports fell to $786M in 2022. The total export value increased at an average annual rate of +1.8% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 when exports increased by 12%. Over the period under review, the global exports hit record highs at $829M in 2021, and then declined in the following year.
Exports By Country
China (79K tons) and Thailand (61K tons) were the major exporters of candied fruits in 2022, finishing at approx. 35% and 27% of total exports, respectively. Italy (16K tons) ranks next in terms of the total exports with a 7.1% share, followed by Mexico (6.1%) and the Netherlands (4.6%). The following exporters - Vietnam (4.9K tons) and India (3.9K tons) - each recorded a 4% share of total exports.
From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of +22.9%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, China ($313M), Thailand ($225M) and Italy ($72M) appeared to be the countries with the highest levels of exports in 2022, with a combined 78% share of global exports. The Netherlands, Mexico, Vietnam and India lagged somewhat behind, together comprising a further 9.8%.
Among the main exporting countries, Vietnam, with a CAGR of +32.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
In 2022, the average candied fruit export price amounted to $3,513 per ton, rising by 6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2014 an increase of 7%. The global export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($4,540 per ton), while India ($1,189 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+7.5%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global candied fruit market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 625 - Fruit, Nuts, Peel, Sugar Preserved
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
- HARVESTED AREA AND YIELD BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Harvested Area, By Country, 2023
- Harvested Area, By Country, 2012-2023
- Yield, By Country, 2012-2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
The global market for candied fruits is on the rise, with increasing demand worldwide. The market is expected to continue growing over the next seven years, with consumption projected to increase in volume and value terms. The article provides insights into market performance, consumption trends, production, imports, and exports of candied fruits.
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In value terms, prepared fruits and nuts exports totaled $X in 2016. Overall, it indicated a remarkable increase from 2007 to 2016: the total exports value increased at an average annual rate of +X>
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