Fruit And Nut Farming Global Market Report 2024

The fruit and nut farming market size has grown rapidly in recent years. It will grow from $1,194.23 billion in 2023 to $1,316.62 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth experienced in the historical period can be attributed to several factors, including increased consumer demand for fresh produce, expanding export opportunities, global population growth, rising awareness of health and nutrition, and advancements in farming technologies.

The fruit and nut farming market size is expected to see strong growth in the next few years. It will grow to $1,880.1 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%. The anticipated growth in the forecast period can be attributed to various factors such as the increasing focus on sustainability and organic farming, efforts to adapt to climate change, the development and adoption of new fruit and nut varieties, a growing emphasis on traceability and food safety, and expanding into global markets. Additionally, there are several noteworthy trends expected in the forecast period, including the prominence of superfoods, the rise of urban and vertical farming, the popularity of value-added products, the exploration of alternatives for pest management, and an increase in direct-to-consumer sales.

The increasing crop production is expected to act as a catalyst for the growth of the fruit and nut farming market in the foreseeable future. Crop production encompasses the cultivation and harvesting of crops, serving various purposes, including human and animal consumption. This surge in crop production benefits the fruit and nut farming sector by fostering higher demand, leveraging technological advancements, contributing to market expansion, stimulating diversification, and encouraging innovation. For example, in May 2023, as reported by Gov.UK, a UK-based public sector information website, the total crop output reached $14,034.6 million (£13,330 million) in 2022, marking a substantial increase of $2,524.76 million (£2,398 million) or 21.9% from the previous year, 2021. Hence, the upswing in crop production is a driving force behind the expansion of the fruit and nut farming market

The primary categories of fruit and nut farming encompass orange groves, citrus groves, and non-citrus fruit and tree nut farming. Orange groves denote a collection of orange trees grown in close proximity. Farming approaches include organic fruit and nut farming as well as traditional farming methods. These products find various applications in settings like hypermarkets, supermarkets, convenience stores, and other relevant usage scenarios.

The fruit and nut farming market research report is one of a series of new reports that provides fruit and nut farming market statistics, including global and regional market sizes, competitors with a fruit and nut farming market share, detailed fruit and nut farming market segments, market trends and opportunities, and any further data you may need to thrive in the fruit and nut farming industry. This fruit and nut farming market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The increasing demand for organic fruit and nut production is anticipated to be a driving force behind the growth of the fruit and nut farming market in the coming years. Organic fruit and nut production involves the cultivation of these crops using organic farming methods, which exclude synthetic chemicals, genetically modified ingredients, and harmful additives. Organic fruit and nut farming practices are aimed at promoting sustainability, reducing environmental impact, and ensuring that the final products are free from artificial additives. For instance, in May 2023, as reported by the Organic Trade Association, a US-based membership-based business association, organic fruit sales generated $21 billion in revenue in 2021, marking a 4.5% increase compared to the previous year. Consequently, the escalating demand for organic fruit and nut production is a key driver propelling the growth of the fruit and nut farming market.

Agricultural robots, often referred to as agribots, are in high demand due to labor shortages and the increasing need for advanced farming equipment in many countries. These agribots are deployed on farmlands to perform tasks such as pruning, weeding, and pesticide and herbicide spraying. They are typically connected to tractors for activities like watering, seed planting, pesticide application, nutrient distribution, and harvesting. For example, the Energid Citrus Picking Robot System has the capability to pick an orange from a tree every two seconds, significantly boosting productivity and reducing the dependency on agricultural labor.

Leading companies in the fruit and nut farming market are committed to innovation, exemplified by the introduction of products like bactopure aimed at offering dependable services to their customers. Bactopure is a line of pasteurized nuts and dried fruits, entirely natural and free from chemical additives. For instance, in May 2022, VKC Nuts Private Limited, an India-based company specializing in high-quality dried fruits and nuts, unveiled the 'bactopure' range under the Nutraj brand. Bactopure by Nutraj ensures a 99.99% absence of bacteria and pathogens in its products, providing consumers with healthier and safer food choices. This product relies on cutting-edge German technology to guarantee the complete elimination of bacteria and pathogens without any chemical additives.

Major companies operating in the fruit and nut farming market include Total Produce PLC, Fresh Del Monte Produce Inc., Chiquita Brands International Sarl, Olam International Ltd., Ocean Spray Cranberries Inc., Blue Diamond Growers, Sunkist Growers Inc., Soufflet SA, Costa Group Holdings Ltd., Yuan Longping High-Tech Agriculture Co. Ltd., Dole Food Company Inc., Sun-Maid Growers of California, Wonderful Citrus, Del Monte Foods Inc., Florida's Natural Growers, The Wonderful Company, National Grape Cooperative Association (Welch's), Tree Top Inc., Sun Pacific, Wonderful Pistachios & Almonds, Stark Bro's Nurseries & Orchards Co., Gerber, United Sugars Corporation, Driscoll's, Pacific Coast Producers, Just Born Inc., Wawona Frozen Foods, South Georgia Pecan, Mariani Nut Company, Martin's Famous Pastry Shoppe Inc., Diamond Foods (Emerald Nuts), Graceland Fruit Inc., Setton Farms, Smude Enterprises LLC.

Asia-Pacific was the largest region in the fruit and nut farming market in 2023. Western Europe was the second-largest region in the fruit and nut farming market. The regions covered in the fruit and nut farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

The countries covered in the fruit and nut farming market report are Australia, China, India, Indonesia, Japan, South Korea, Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, USA, Canada, Mexico, Brazil, Chile, Argentina, Colombia, Peru, France, Germany, UK, Austria, Belgium, Denmark, Finland, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Russia, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa

The fruit and nut farming market consists of revenues earned by entities that grow and harvest fruit and tree nut crops including fruits such as oranges, grapes, apples, and bananas, and tree nuts such as almonds, walnuts, and pecans. The market includes sales of the produce of orange groves, other citrus fruit groves, noncitrus fruit and tree nut farming, apple orchards, grape vineyards, strawberry farming, other berry farming and tree nut farming. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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