Apples Global Market Report 2024

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.


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