According to the report by Expert Market Research (EMR), the global fruits market size is projected to grow at a CAGR of 3.5% between 2024 and 2032. Aided by the health awareness, changing consumer preferences, and technological advancements in cultivation and supply chain management, the market is expected to grow significantly by 2032.
Fruits, essential sources of vitamins, minerals, and dietary fibre, have long been a staple in human diets. Their health benefits, coupled with the growing diversity in fruit varieties available globally, have been critical factors in the fruits market growth. The shift towards healthier lifestyles has significantly influenced consumer preferences, leading to increased consumption of fresh fruits.
One of the key trends observed in the global fruit market is the rising demand for exotic and organic fruits. Consumers, now more than ever, are exploring new varieties of fruits from different parts of the world, fuelling the demand for exotic fruits like dragon fruit, kiwi, and rambutan. Additionally, the growing awareness regarding the health benefits and environmental impact of organic farming has led to a surge in the demand for organically grown fruits.
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Technological advancements in agricultural practices and supply chain logistics have influenced the fruits market outlook. Precision agriculture, employing technologies like IoT (Internet of Things), AI (Artificial Intelligence), and satellite imagery, has enabled farmers to enhance yield quality and quantity. Moreover, improvements in cold chain logistics and packaging have facilitated the global trade of fruits, ensuring longer shelf life and quality preservation.
Asia Pacific, a region rich in agricultural diversity, holds a substantial portion of the fruits market share, with countries like China and India being significant contributors. The European and North American markets are also prominent, with a high demand for both local and imported fruits. Latin America and Africa, with their favourable climates and expanding agricultural sectors, are emerging as important regions in the global fruit trade.
The global fruits market demand is poised for significant surge in the coming years, driven by health-conscious consumers, technological advancements, and the expanding global trade of fruits. While challenges related to climate change and sustainability remain, ongoing innovations and market dynamics are expected to shape a resilient and diverse global fruit industry, catering to the evolving preferences and needs of consumers worldwide.
Fruits Market Segmentation
The market can be divided based on nature, type, distribution channel, application, and region.
Market Breakup by Nature
- Organic
- Non-Organic
Market Breakup by Type
- Apple and Pears
- Citrus
- Stone Fruits
- Tropical and Exotic
- Berries
- Melons
- Others
Market Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Fruits and Vegetable Store
- Online
- Others
Market Breakup by Application
- Household
- Commercial
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Competitive Landscape of Fruits Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global fruits market. Some of the major players explored in the report by Expert Market Research are as follows:
- Dole Food Company Inc.
- Del Monte Foods Inc.
- Chiquita Brands International Sàrl
- Greenyard NV
- Sunwest Fruit Company
- Others
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