Product ID: SQMIG30H2068
Global Fresh Fruits Market Size, Share, Growth Analysis, By Product Type(Apples & Pears, Bananas), By Distribution Channel(Online, Offline) - Industry Forecast 2024-2031
Report ID:
SQMIG30H2068 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
66 |
Figures:
75
Global Fresh Fruits Market Insights
Global Fresh Fruits Market size was valued at USD 572.56 billion in 2022 and is poised to grow from USD 594.32 billion in 2023 to USD 800.93 billion by 2031, at a CAGR of 3.8% during the forecast period (2024-2031).
The rising consumption of fresh fruits and liquids is moving the market forward. Furthermore, rising health concerns and increased awareness about the advantages of fruits among individuals in both emerging and developed countries are key market drivers. Over the forecast period, the burgeoning food sector and rising expenditure on fresh food products are expected to drive market expansion.
According to the International Food Information Council's Food and Health Survey, over half of the respondents are concerned about eating food prepared outside the home. Rising population expansion, combined with increasing urbanization worldwide, predicts global market demand. Furthermore, rising disposable income and economic growth in developing countries boost market growth. Additionally, the market is being driven by the convenience food trend in developed regions. Furthermore, increasing the use of chemicals to clean and sanitize in order to prevent the growth of the microbial population is predicted to fuel revenue growth.
The increased trade of fresh fruits, as well as production, is hastening market expansion. Furthermore, in the coming years, the market will be driven by innovation in packaging techniques such as modified environment packaging, edible coating, and so on, for keeping freshness or improving the product’s shelf life. However, severe government laws and regulations surrounding export and import and the high cost of fresh fruits are impeding market expansion.
US Fresh Fruits Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Fresh Fruits Market Report Snapshots
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