Exotic Fruit Market Report 2024

This Exotic Fruit market 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 exotic fruit market size has grown strongly in recent years. It will grow from $16.89 billion in 2023 to $18.03 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth during the historic period can be credited to the increasing popularity of superfoods, the rise of veganism, the expansion of international trade, the growing trend of smoothie bowls and juices, and the heightened interest in functional foods.

The exotic fruit market size is expected to see strong growth in the next few years. It will grow to $23.52 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%. The growth projected for the forecast period can be attributed to the rise in online grocery shopping, greater exposure from global tourism, the growing popularity of natural sweeteners, increased disposable income, and heightened awareness of antioxidant-rich foods. Key trends during this period include advancements in fruit preservation methods, eco-friendly farming practices, the development of exotic fruit-based superfood powders, a shift toward clean-label products, and the use of blockchain technology in exotic fruit supply chains.

The growing demand for organic fruits is expected to drive the expansion of the exotic fruit market in the coming years. Organic fruits are cultivated without synthetic pesticides, fertilizers, or GMOs, adhering to eco-friendly farming methods. This demand is fueled by increasing consumer awareness of health benefits, environmental sustainability, and a preference for chemical-free products. Adding exotic fruits such as dragon fruit, rambutan, and guanabana to the organic selection offers health-conscious consumers a diverse range of nutrient-rich options. For example, according to the Organic Trade Association, a US-based non-profit organization, the revenue from organic fruits and vegetables rose from $21 billion in 2021 to $22 billion in 2022, though the overall market share remained steady at 15% both years. As a result, the growing interest in organic fruits is boosting the exotic fruit market.

Leading companies in the exotic fruit industry are focusing on advanced packaging technologies and promoting sustainable consumption practices to meet the increasing demand for eco-friendly and ethically sourced products. These sustainable practices involve reducing waste, lowering environmental impact, and ensuring socially, economically, and environmentally responsible production and consumption. For instance, in September 2023, Frieda's Branded Produce, a US-based food and beverage services company, introduced Frieda’s Passion Fruit Three-Pack. This product stands out with its sweet-tart flavor combination and convenient, freshness-preserving packaging. Its bold, eye-catching design protects the delicate fruit and appeals to consumers seeking unique exotic fruit options.

In March 2024, Unifrutti Group, a UAE-based food production company, acquired Bomarea and the Peruvian operations of AvoAmerica (AvoAmerica Peru) from Solum Partners and Alpine Fresh, for an undisclosed sum. This acquisition strengthens Unifrutti's global multi-fruit portfolio by adding premium avocados to meet the rising global demand for healthy produce. The move enhances the company's ability to supply high-quality avocados to its worldwide customer base. Solum Partners is a US-based agricultural investment firm, and Alpine Fresh is a US-based fresh fruit and vegetable company that specializes in farming exotic fruits, including premium blueberries and avocados.

Major companies operating in the exotic fruit market are Dole plc, Del Monte Foods Inc., Fyffes International Holdings Limited, Nature's Pride B.V., The Fruit Company, Bai Brands LLC., SPECIAL FRUIT NV., TFC Holland B.V., SOL Organica, Sun World International LLC, Vegaproduce, Regalis Foods, Lemonconcentrate S.L.U., Farmley, Tropical Fruit Box, Melissa’s, La Fruitière du Val Evel, Barth Fruit AG/LTD., DECCAN EXOTICS PRIVATE LIMITED, Veliyath Garden.

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

The countries covered in the exotic fruit marker report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Exotic fruits are those grown in tropical or subtropical regions and are not typically found in temperate climates. These fruits are known for their distinctive flavors, colors, and textures, setting them apart from more familiar options such as apples and bananas. They are prized for their nutritional value and culinary flexibility, attracting consumers interested in trying new and diverse foods.

The exotic fruit market primarily features passion fruit, rambutan, dragon fruit, durian, and others. Passion fruit, a small, round tropical fruit, is recognized for its bright yellow or purple skin and tangy interior. These fruits can be categorized as organic or conventional, and are sold through various distribution channels, including online platforms and specialty stores. They are used in both commercial and residential settings.

The exotic fruits market research report is one of a series of new reports that provides exotic fruits market statistics, including exotic fruits industry global market size, regional shares, competitors with a exotic fruits market share, detailed exotic fruits market segments, market trends, and opportunities, and any further data you may need to thrive in the exotic fruits industry. This exotic fruits 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 exotic fruit market consists of sales of mangoes, pineapples, lychees, and guavas. 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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