The Exotic Fruit Global Market Report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the exotic fruit market.
Exotic Fruit Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size
The exotic fruit market size has grown strongly in recent years. It will grow from $16.89 billion in 2023 to $18.03 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. This growth in the historic period can be attributed to the popularity of superfoods, veganism, international trade expansion, and the rising demand for smoothie bowls, juices, and functional foods.
The exotic fruit market is expected to continue growing, reaching $23.52 billion by 2028 at a CAGR of 6.9%. Growth drivers include online grocery shopping, global tourism exposure, natural sweeteners, disposable income growth, and awareness of antioxidant-rich foods. Key trends forecasted include fruit preservation innovation, eco-friendly farming, exotic fruit-based superfood powders, clean-label products, and blockchain in supply chains.
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Scope Of Exotic Fruit Market
The Business Research Company’s reports encompass a wide range of information, including:
- Market Size (Historic and Forecast): Analysis of past performance and growth projections.
- Drivers: Key factors propelling market growth.
- Trends: Emerging trends shaping the market.
- Key Segments: Market breakdown into primary segments and performance.
- Focus Regions and Geographies: Insight into critical regions influencing the market.
- Macro Economic Factors: Broader economic impacts on the market.
Exotic Fruit Market Overview
Market Drivers
The increasing demand for organic fruits is expected to drive the exotic fruit market forward. Organic fruits are grown without synthetic pesticides, fertilizers, or GMOs, following environmentally friendly farming. The high demand reflects consumer preference for health benefits, sustainability, and chemical-free products. For example, organic fruits and vegetables generated over $22 billion in 2022, as reported by the Organic Trade Association.
Market Trends
Major companies are focusing on advanced packaging technologies and sustainable consumption patterns to meet demand for environmentally friendly and ethically sourced products. For instance, Frieda’s Branded Produce launched Frieda’s Passion Fruit Three-Pack in 2023, with packaging designed for convenience and freshness, appealing to exotic fruit consumers.
Market Segmentation
The exotic fruit market is segmented by:
- Type: Passion Fruit, Rambutan, Dragon Fruit, Durian, Other Types
- Category: Organic, Conventional
- Distribution Channels: Online Platforms, Offline Specialty Stores
- End-Use: Commercial, Residential
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Regional Insights
Asia-Pacific was the largest region in the exotic fruit market in 2023. Regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Key Companies
Top players in the exotic fruit market include Dole plc, Del Monte Foods Inc., Fyffes International Holdings Limited, Nature’s Pride B.V., The Fruit Company, Bai Brands LLC., SPECIAL FRUIT NV., among others.
Table of Contents
1. Executive Summary
2. Exotic Fruit Market Report Structure
3. Exotic Fruit Market Trends And Strategies
4. Exotic Fruit Market - Macro Economic Scenario
5. Exotic Fruit Market Size And Growth
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27. Exotic Fruit Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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