Fruit and Nut Farming Market to Grow with a CAGR of 12.59% through 2029
Consumer preference
for healthy food products and rise in per capita income is expected to drive
the Global Fruit and Nut Farming Market growth in the forecast period, 2025-2029.
According to TechSci Research report, “Fruit and
Nut Farming Market – Global Industry Size, Share, Trends, Competition
Forecast & Opportunities, 2029”, the Global Fruit and Nut Farming Market
stood at USD 1107.52 billion in 2023 and is anticipated to grow with a CAGR of 12.59%
in the forecast period to 2025-2029. This can be attributed to government support
for startups. Governments across the globe are recognizing the importance of
agriculture and are providing support to new startups in the fruit and nut
farming sector. Initiatives such as subsidies, technology assistance, and
favorable policies are encouraging entrepreneurs to invest in this market. This
support not only fosters innovation but also contributes to the overall
expansion and sustainability of the fruit and nut farming industry. Furthermore, fruit and nut farmers are
increasingly exploring opportunities in value-added products to meet diverse
consumer demands. From fruit juices and jams to nut-based snacks and spreads,
diversification into processed and convenience foods adds value to the produce.
This trend aligns with changing consumer lifestyles and preferences for
on-the-go and healthy snack options.
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The Global Fruit and Nut Farming Market is segmented
into type, farming process, regional distribution, and company. Based on its type, Tree
nut farming is poised to dominate the global fruit and nut farming market. The increasing recognition of the nutritional benefits and versatility of tree nuts, such as almonds, walnuts, and pistachios, fuels the demand for these crops globally. Health-conscious consumers are incorporating tree nuts into their diets, driving market growth. Additionally, the growing popularity of plant-based diets and the demand for natural and wholesome snacks further boost the significance of tree nut farming. The trees' perennial nature provides a steady and reliable source of production, contributing to the sector's stability. As a result, tree nut farming stands out as a key driver in the global market, responding to the evolving dietary preferences and lifestyle choices of consumers worldwide.
Based on farming
process, Traditional farming methods are likely to dominate the global fruit
and nut farming market. The rich agricultural heritage embedded in traditional practices often involves time-tested techniques passed down through generations, fostering sustainable and resilient farming ecosystems. Traditional farming emphasizes local knowledge, manual labor, and organic cultivation practices, aligning with the increasing global demand for natural and environmentally friendly produce. This approach resonates with consumers seeking authenticity, and it addresses concerns related to chemical usage and ecological sustainability. The reliance on traditional methods also promotes biodiversity, contributing to the preservation of heirloom varieties and the overall resilience of agricultural systems. As the market continues to prioritize sustainability and authenticity, traditional farming methods are poised to maintain dominance in the Global Fruit and Nut Farming Market, appealing to both consumer preferences and environmental consciousness.
Major companies operating in Global Fruit and Nut
Farming Market are:
- Total Produce PLC
- Fresh Del Monte Produce Inc.
- Chiquita Brands International Inc
- Olam International Ltd
- Ocean Spray Cranberries Inc
- Blue Diamond Growers
- Sunkist Growers Inc
- Costa Group Holdings Ltd
- Yuan Longping High-tech Agriculture
Co., Ltd.
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“The future of the
global fruit and nut farming market is brimming with exciting possibilities.
From embracing cutting-edge technologies to addressing environmental and
consumer concerns, the upcoming trends signify a paradigm shift towards a more
sustainable, efficient, and resilient industry. As farmers, researchers, and
stakeholders join forces to implement these trends, the global fruit and nut
farming market is poised to flourish in the years ahead.,” said Mr. Karan
Chechi, Research Director with TechSci Research, a research-based management
consulting firm.
“Fruit and Nut Farming Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type
(Orange Groves, Citrus Groves, Non-citrus Fruit, Tree Nut Farming), By Farming
Process (Organic Fruit and Nut Farming, Traditional Farming), By Region, By Competition, 2019-2029F”, has evaluated
the future growth potential of Global Fruit and Nut Farming Market and provides
statistics & information on market size, structure and future market
growth. The report intends to provide cutting-edge market intelligence and help
decision makers take sound investment decisions. Besides, the report also
identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in Global Fruit and Nut Farming Market.
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