Industry Background:
Grape farming is the most lucrative and profitable farming. Grape is cultivated under a variety of soil and climatic conditions in three distinct agro-climatic zones, namely, sub-tropical and mild tropical climatic regions. Seedless varieties of grapes are more popular for consumption. Seedless grape varieties have become more dominant over the past years and their market share is expected to grow further. The major producers of grapes are Italy, France, Spain, the United States, Turkey, China, and Argentina.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Emollient Exim Pvt. Ltd. (India), Cresco Foods (Thailand), Minsa Creation Pvt. Ltd. (India), Novofruits (Egypt) and Primewest (Egypt) |
This growth is primarily driven by High Potential of Revalorization of Grapes and Their Derivatives in Dairy Products and Growing Consumption of High Antioxidant based Grapes Products.
Globally, a noticeable market trend is evident Increasing Preference for Convenience as a Fresh Snack
Major Vendors, such as Emollient Exim Pvt. Ltd. (India), Cresco Foods (Thailand), Minsa Creation Pvt. Ltd. (India), Novofruits (Egypt) and Primewest (Egypt), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years. Global Grape Farm is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Key Developments in the Market:
On 27th June 2021, Primewest announced the acquisition of a citrus and table grapes farm. The acquisition to build the position in agriculture with a sale-and-leaseback deal for a citrus and table grapes farm in Victoria.
Regulatory Insights:
Regular guidance is being given to the farmers and their co-operative societies on different aspects e.g. pre-harvest, proper use of pesticides, post-harvest, packaging, pre-cooling, cold storage, and transportation. Adequate measures to ensure prescribed pesticide residual limits in the grapes produced.
Influencing Trend:
Increasing Preference for Convenience as a Fresh Snack and Awareness about Healthy Nutrients of Grapes
Market Growth Drivers:
High Potential of Revalorization of Grapes and Their Derivatives in Dairy Products and Growing Consumption of High Antioxidant based Grapes Products
Challenges:
Stringent Regulatory Compliances on Grape Farmers and High Production Costs of Grapes
Restraints:
High Use of Growth Regulators to Increase Productivity and High Chemical Applications for Weed Control
Opportunities:
Growing Demand for Wine, the Demand for Grapes also Increasing
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints in Grape Farm Market
- Analysis about New Entrants in Grape Farm Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
- An Unbiased Perspective towards Market Performance & Indicators
Against this Challenging Backdrop, Grape Farm Study Sheds Light on
The Grape Farm Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Grape Farm industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Grape Farm industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.