Fresh Fruits Market size is expected to reach USD 708.1 billion by 2028

 Fresh Fruits Industry Overview

The global fresh fruits market size was valued at USD 551.1 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.6% from 2022 to 2028.

 

Increasing consumption of fresh fruits and juices is propelling the growth of the market. Moreover, the rising health concerns and increasing awareness about the benefits of fruits among people in developing and developed countries are major driving factors of the market. The growing food industry and increasing spending on fresh food products are expected to promote market growth over the forecast period.

 

As per the Food and Health Survey commissioned by the International Food Information Council, about half of the respondents have some concerns about eating food prepared outside the home. The rising population growth coupled with growing urbanization across the globe is anticipating the demand of the global market. In addition to this, increasing disposable income coupled with economic growth in developing nations is propelling industry growth. Furthermore, the market is driven by the trend of convenience food in developed regions. Additionally, increasing the use of chemicals to clean and sanitize to limit the growth of the microbial population is expected to fuel growth in terms of revenue.

 

Gather more insights about the market drivers, restrains and growth of the Global Fresh Fruits Market

 

The increase in the trading of fresh fruits along with production is accelerating the growth of the market. Technological advancement and innovation in the supply chain, from production to consumption to improve the quality and output will create revenue opportunities for the market over the forecast period. In addition, innovation in packaging techniques such as modified atmosphere packaging, edible coating, etc., for maintaining freshness or improving the shelf life of the product will drive the market in the coming years. However, stringent government rules and regulations regarding export and import and the high cost associated with fresh fruits are hindering the market growth.

 

Consumers, especially the younger age group, are becoming increasingly health-conscious and are focusing on improving their health. In addition, the increasing incidence of obesity and other related diseases is driving consumers to choose healthy diets. Furthermore, the shift from traditional shopping stores to online shopping platforms can provide lucrative growth opportunities for the market. Seasonal dependency on harvesting and procurement of fresh fruits is a major factor driving price volatility and stifling industry expansion as these are the most vulnerable to price fluctuations.

 

The growing awareness regarding the benefits of fresh products along with affordable pricing and convenient availability has largely influenced the growth of the market globally. The increasing demand for fresh fruits after the COVID pandemic will create opportunities for the market players. Thus, the market is expected to witness a healthy market growth rate in the upcoming years. In addition, the growing demand for products bearing the organic label represents an unprecedented opportunity for farmers and food manufacturing companies. Consumers are increasingly preferring organic food because it contains antioxidants and has a positive effect on overall health, as proven by many scientific studies. In addition, the government is actively supporting organic farming to reduce the pollution amount, which may motivate farmers to operate in organic culture.

 

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Key Companies Profile

Some of the prominent players in the fresh fruits market include:

  • Dole Food Company, Inc.
  • Berry Gardens
  • Keelings
  • BelOrta
  • Driscoll
  • Mirak Group
  • Goknur Gida
  • Fresgarrido
  • Fruitable Fresh Sdn Bhd.
  • Global Fresh Trading FZE
  • Naturipe Farms
  • EMONA Co, Ltd.

 

Order a free sample PDF of Fresh Fruits Market Intelligence Study, published by Grand View Research. 

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