Global exotic fruits market expected to double by 2033 due to high demand and unique flavors.
From GlobeNewswire: 2024-07-08 16:00:00
The Global Exotic Fruits Market is expected to more than double in size from USD 18.78 billion in 2023 to USD 35.82 billion by 2033. Exotic fruits like dragon fruit, star fruit, and passion fruit are in high demand due to their unique flavors, high nutritional value, and health benefits.
The organic segment is projected to dominate the exotic fruits market, appealing to consumers looking for natural products free from artificial fertilizers and pesticides. Dragon fruit is anticipated to experience the fastest growth, thanks to its easy cultivation and climate adaptability.
Store-based distribution channels are forecasted to see the highest growth, with supermarket and hypermarket chains serving a wide consumer base. Asia-Pacific is set to lead the global exotic fruits market, benefiting from its ideal tropical and subtropical climate for fruit cultivation.
The Ministry of Agriculture in India plans to expand dragon fruit cultivation to meet domestic demand, reducing the need for imports. Major players in the global exotic fruits market include Exotic Fruits Pvt. Ltd., Bolton Group, Dole Plc., and Nature’s Pride, among others.
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Read more at GlobeNewswire: Global Exotic Fruits Market Size To Worth USD 35.82 Billion