Global Fresh Apricots Market Overview:
Apricots are little golden orange fruits that have velvety skin with a sweet and moderately juicy pulp. They are loaded with vitamins and antioxidants as 100 grams of recent apricots offers you 12% antioxidants, 12% of antiophthalmic factor, and 6% potassium needed by the body in less than fifty calories. They need multiple advantages, as well as improved eye, skin, and gut health. Recent or dried, apricots are simple to mix with dairy products, salads, and main meals.
As per latest study released by AMA Research, the Global Fresh Apricots market is expected to see growth rate of 6.6%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Non-GMO product Manufacturing and Less Use of Synthetic Ripeness
Market Growth Drivers:
Rising Demand for Healthy Food and Fruits for the Vitamins and Nutrition and Growth in Demand for the Apricot as Functional Foods in Fitness Industry for Smoothies and Mixes
Challenges:
Fluctuation in Prices due to Volatile Weather Conditions in Yield of Apricot
Restraints:
Regional Farming and Yield of Fresh Apricots in Specific Regions Restrains in Reach to Global Markets due to Perishable Structure
Opportunities:
Rising Product Development in Convenience Foods and Premixes and Increasing Investment of the Government and Private Sectors towards Apricot Farming
Competitive Landscape:
The global market for Fresh Apricot is fragmented by key players owing to rising demand for the apricot in different applications like healthy foods and beverages, essential oils, and pharmaceutical uses. The players should focus on the efficient yield of apricot and different innovative farming methods to match the demand for fresh apricot in different regions.
Some of the key players profiled in the report are Dole Food (United States), Ardo (Belgium), Crop’s N.V. (Belgium), Earthbound Farm (United States), Gaotai (China), Hain Celestial (United States), Jinyuan Agriculture (China), SunOpta (Canada) and SunPacific (United States). Additionally, following companies can also be profiled that are part of our coverage like Welch’s Foods (United States) and Yantai Tianlong (China). Analyst at AMA Research see United States Vendors to retain maximum share of Global Fresh Apricots market by 2030. Considering Market by Distribution Channel, the sub-segment i.e. Supermarkets/Hypermarkets will boost the Fresh Apricots market. Considering Market by Packaging, the sub-segment i.e. Plastic Bag will boost the Fresh Apricots market.
Latest Market Insights:
In March 2022,AM FRESH Group and Special New Fruit Licensing (SNFL) announced a definitive agreement under which AM FRESH is acquiring International Fruit Genetics (IFG) and merging it with SNFL, creating a combined company that significantly advances SNFL’s and IFG’s abilities to develop further their breeding capacities and add to their portfolio to address industry demand.
In November 2023,Prima Fresh Fruit has launched Pride of Prima, a new apricot brand created to give consumers a consistent, quality experience.Newer European-bred apricot varieties will be marketed under the brand with Wonder Cot and Magic Cot the first to hit the shelves while other plantings mature.
What Can be Explored with the Fresh Apricots Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Fresh Apricots Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Fresh Apricots
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fresh Apricots market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fresh Apricots market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Fresh Apricot Manufacturer, Distributor/Supplier, Research Institutes, End-User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.