The apples market size has grown steadily in recent years. It will grow from $89.12 billion in 2023 to $92.46 billion in 2024 at a compound annual growth rate (CAGR) of 3.7%. The expansion observed during the historical period can be attributed to several factors, including supply chain disruptions, trade policies, technological advancements, shifts in health trends, market competition, government regulations, economic conditions, and cultural influences.
The apples market size is expected to see steady growth in the next few years. It will grow to $108.77 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The anticipated growth in the forecast period can be attributed to various factors, including health and wellness trends, considerations for climate resilience, dynamics within global trade, evolving consumer preferences, initiatives towards sustainability, ongoing market innovation, and improvements in supply chain efficiency. Key trends expected during this period encompass an increased demand for organic and specialty apples, the expansion of sustainable agricultural practices, innovation in apple varieties, the adoption of digital agriculture technologies, the growth of e-commerce platforms, the emphasis on health and wellness trends, the diversification of product offerings, efforts in consumer education, and an increased focus on transparency within the industry.
The upward trend in health-conscious consumers is poised to drive the growth of the apples market in the foreseeable future. Health-conscious consumers prioritize and actively seek ways to maintain and improve their physical and mental well-being, spurred by increasing awareness of nutrition's role in preventing chronic diseases and enhancing overall health. Apples are favored by health-conscious consumers for their nutritional richness, high fiber content, and potential health benefits, such as supporting heart health and aiding in weight management. For example, in May 2022, an online survey conducted by the International Food Information Council among 1,005 Americans aged 18 to 80 revealed that 52% of participants adhered to a specific diet or eating pattern, a significant increase from 39% in 2021. Consequently, the surge in health-conscious consumers is fueling the expansion of the apple market.
Prominent companies in the apple market are intensifying their efforts to develop genetically engineered apple varieties, aiming to enhance their product offerings. A genetically engineered apple refers to a variety that has undergone modifications using genetic engineering techniques to express specific traits or characteristics. For example, in February 2024, FruitMasters, a fruit company based in the Netherlands, introduced the Wurtwinning apple variety under the Bloss brand. This new club variety demonstrates promise as a resistant variety, boasting an above-average pack-out rate and consistent size, adorned with a rose-red blush and prominent lenticels. The apple was developed through the fusion of genes from two highly esteemed varieties, resulting in a flavorful and sturdy fruit with dual resistance to apple scab and a high tolerance for powdery mildew.
In May 2023, BelleHarvest Sales Inc., a US-based fruit company, acquired Valley View Co. LLC for an undisclosed sum. This acquisition has expanded BelleHarvest's capacity for growth and storage, granting access to premium apple varieties such as Honeycrisp, Gala, EverCrisp, and SweeTango for its clientele. Valley View Co. LLC is a US-based company specializing in fresh apples.
Major companies operating in the apples market are Stemilt Growers LLC, Washington Fruit Growers, Borton Fruits, Auvil Fruit Co. Inc., Domex Superfresh Growers, Starr Ranch Growers, Gebbers Farms, Golden Bay Fruit, Mercier Orchards Inc., Harmonie, Hess Brothers Fruit Company, Symms Fruit Ranch Inc, Rice Fruit Co., Evans Fruit Company, CMI Orchards LLC, Fowler Farms Ltd., Gilbert Orchards, Fruit Hill Orchard Inc., The Apple Barn, Batlow Fruit Co. Pty Ltd, Hope Orchards, Roche Fruit LLC, Shenandoah Valley Orchards.
Asia-Pacific was the largest region in the apples market in 2023. South America is expected to be the fastest-growing region in the forecast period. The regions covered in the apples market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the apples market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Apples, the fruits harvested from apple trees (Malus domestica) of the Rosaceae family, are among the most extensively cultivated and consumed fruits globally. Renowned for their crisp texture, sweet and tart flavor, and culinary versatility, they are prized both for cooking and eating raw. Apples boast a rich content of fiber, vitamin C, and antioxidants, contributing to their health-promoting properties when incorporated into a balanced diet.
The primary types of apples include red apples, granny smith, and golden apples. Red apples typically exhibit a round shape, smooth skin, and predominantly red coloration. Apples are distributed through various channels such as offline and online platforms. They find application in diverse sectors including jam production, fruit wholesale, and other industries within the food and beverage domain.
The apples market research report is one of a series of new reports that provides apples market statistics, including apples industry global market size, regional shares, competitors with a apples market share, detailed apples market segments, market trends and opportunities, and any further data you may need to thrive in the apples industry. This apples 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 apples market consists of sales of honey crisp apples, green apples, pink lady apples, and yellow apples. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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.
This product will be delivered within 3-5 business days.
The apples market size is expected to see steady growth in the next few years. It will grow to $108.77 billion in 2028 at a compound annual growth rate (CAGR) of 4.1%. The anticipated growth in the forecast period can be attributed to various factors, including health and wellness trends, considerations for climate resilience, dynamics within global trade, evolving consumer preferences, initiatives towards sustainability, ongoing market innovation, and improvements in supply chain efficiency. Key trends expected during this period encompass an increased demand for organic and specialty apples, the expansion of sustainable agricultural practices, innovation in apple varieties, the adoption of digital agriculture technologies, the growth of e-commerce platforms, the emphasis on health and wellness trends, the diversification of product offerings, efforts in consumer education, and an increased focus on transparency within the industry.
The upward trend in health-conscious consumers is poised to drive the growth of the apples market in the foreseeable future. Health-conscious consumers prioritize and actively seek ways to maintain and improve their physical and mental well-being, spurred by increasing awareness of nutrition's role in preventing chronic diseases and enhancing overall health. Apples are favored by health-conscious consumers for their nutritional richness, high fiber content, and potential health benefits, such as supporting heart health and aiding in weight management. For example, in May 2022, an online survey conducted by the International Food Information Council among 1,005 Americans aged 18 to 80 revealed that 52% of participants adhered to a specific diet or eating pattern, a significant increase from 39% in 2021. Consequently, the surge in health-conscious consumers is fueling the expansion of the apple market.
Prominent companies in the apple market are intensifying their efforts to develop genetically engineered apple varieties, aiming to enhance their product offerings. A genetically engineered apple refers to a variety that has undergone modifications using genetic engineering techniques to express specific traits or characteristics. For example, in February 2024, FruitMasters, a fruit company based in the Netherlands, introduced the Wurtwinning apple variety under the Bloss brand. This new club variety demonstrates promise as a resistant variety, boasting an above-average pack-out rate and consistent size, adorned with a rose-red blush and prominent lenticels. The apple was developed through the fusion of genes from two highly esteemed varieties, resulting in a flavorful and sturdy fruit with dual resistance to apple scab and a high tolerance for powdery mildew.
In May 2023, BelleHarvest Sales Inc., a US-based fruit company, acquired Valley View Co. LLC for an undisclosed sum. This acquisition has expanded BelleHarvest's capacity for growth and storage, granting access to premium apple varieties such as Honeycrisp, Gala, EverCrisp, and SweeTango for its clientele. Valley View Co. LLC is a US-based company specializing in fresh apples.
Major companies operating in the apples market are Stemilt Growers LLC, Washington Fruit Growers, Borton Fruits, Auvil Fruit Co. Inc., Domex Superfresh Growers, Starr Ranch Growers, Gebbers Farms, Golden Bay Fruit, Mercier Orchards Inc., Harmonie, Hess Brothers Fruit Company, Symms Fruit Ranch Inc, Rice Fruit Co., Evans Fruit Company, CMI Orchards LLC, Fowler Farms Ltd., Gilbert Orchards, Fruit Hill Orchard Inc., The Apple Barn, Batlow Fruit Co. Pty Ltd, Hope Orchards, Roche Fruit LLC, Shenandoah Valley Orchards.
Asia-Pacific was the largest region in the apples market in 2023. South America is expected to be the fastest-growing region in the forecast period. The regions covered in the apples market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the apples market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Apples, the fruits harvested from apple trees (Malus domestica) of the Rosaceae family, are among the most extensively cultivated and consumed fruits globally. Renowned for their crisp texture, sweet and tart flavor, and culinary versatility, they are prized both for cooking and eating raw. Apples boast a rich content of fiber, vitamin C, and antioxidants, contributing to their health-promoting properties when incorporated into a balanced diet.
The primary types of apples include red apples, granny smith, and golden apples. Red apples typically exhibit a round shape, smooth skin, and predominantly red coloration. Apples are distributed through various channels such as offline and online platforms. They find application in diverse sectors including jam production, fruit wholesale, and other industries within the food and beverage domain.
The apples market research report is one of a series of new reports that provides apples market statistics, including apples industry global market size, regional shares, competitors with a apples market share, detailed apples market segments, market trends and opportunities, and any further data you may need to thrive in the apples industry. This apples 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 apples market consists of sales of honey crisp apples, green apples, pink lady apples, and yellow apples. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Apples Market Characteristics3. Apples Market Trends and Strategies32. Global Apples Market Competitive Benchmarking33. Global Apples Market Competitive Dashboard34. Key Mergers and Acquisitions in the Apples Market
4. Apples Market - Macro Economic Scenario
5. Global Apples Market Size and Growth
6. Apples Market Segmentation
7. Apples Market Regional and Country Analysis
8. Asia-Pacific Apples Market
9. China Apples Market
10. India Apples Market
11. Japan Apples Market
12. Australia Apples Market
13. Indonesia Apples Market
14. South Korea Apples Market
15. Western Europe Apples Market
16. UK Apples Market
17. Germany Apples Market
18. France Apples Market
19. Italy Apples Market
20. Spain Apples Market
21. Eastern Europe Apples Market
22. Russia Apples Market
23. North America Apples Market
24. USA Apples Market
25. Canada Apples Market
26. South America Apples Market
27. Brazil Apples Market
28. Middle East Apples Market
29. Africa Apples Market
30. Apples Market Competitive Landscape and Company Profiles
31. Apples Market Other Major and Innovative Companies
35. Apples Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Apples Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on apples market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase:
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for apples? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The apples market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Red Apple; Granny Smith and Golden Apples2) by Distribution Channel: Offline; Online; Other Distribution Channels
3) by Application: Jam Factory; Fruit Wholesaler; Other Applications
4) by Industry Vertical: Food and Beverages; Other Industry Verticals
Key Companies Mentioned: Stemilt Growers LLC; Washington Fruit Growers; Borton Fruits; Auvil Fruit Co. Inc.; Domex Superfresh Growers
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Stemilt Growers LLC
- Washington Fruit Growers
- Borton Fruits
- Auvil Fruit Co. Inc.
- Domex Superfresh Growers
- Starr Ranch Growers
- Gebbers Farms
- Golden Bay Fruit
- Mercier Orchards Inc.
- Harmonie
- Hess Brothers Fruit Company
- Symms Fruit Ranch Inc
- Rice Fruit Co.
- Evans Fruit Company
- CMI Orchards LLC
- Fowler Farms Ltd.
- Gilbert Orchards
- Fruit Hill Orchard Inc.
- The Apple Barn
- Batlow Fruit Co. Pty Ltd
- Hope Orchards
- Roche Fruit LLC
- Shenandoah Valley Orchards
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 175 |
Published | June 2024 |
Forecast Period | 2024 - 2028 |
Estimated Market Value ( USD | $ 92.46 Billion |
Forecasted Market Value ( USD | $ 108.77 Billion |
Compound Annual Growth Rate | 4.1% |
Regions Covered | Global |