Apple Fruit Market Research Report
Global Apple Fruit Market
The GMI Research forecasts that the Apple Fruit Market is witnessing an upsurge in demand over the forecast period. This is mainly due to the growing concern towards health in the nation and an intensifying recognition of various health benefits offered by them, which include help in weight loss along with the mounting purchasing power of individuals.
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Introduction of the Apple Fruit Market
An apple is a sweet and edible fruit produced by an apple tree. The trees are cultivated worldwide and are most widely grown in the genus Malus. They are popular fruits with antioxidants, vitamins, minerals, and dietary fiber.
Key Players of the Global Apple Fruit Market:
- Gebbers Farms
- Douglas Fruit
- FirstFruits Farms
- APPLE HOUSE LTD.
- NGK
- Evans Fruit Company
- Conrad & Adams Fruit, LLC
- Auvil Fruit Co, Inc.
- Allan Bros., Inc.
- SALIX FRUITS
Apple Fruit Market Dynamics (including market size, share, trends, forecast, growth, forecast, and industry analysis)
Growth in the apple fruit market is mainly driven by the surging consumption of apples owing to the increasing apprehension towards health and the intensified inclination towards nutritious fruits and vegetables to maintain their overall health. Furthermore, the sudden and widespread outbreak of coronavirus has influenced the market demand positively. This growth is primarily attributed to the augmenting preference of individuals towards the fruit led by the soaring recognition related to its health benefits, such as weight loss and high fiber level. Moreover, the market is experiencing an amplification in demand for organic apples from European countries and the US. The rich groups are increasingly disbursing an extra amount on maintaining their health conditions, which will further strengthen the apple fruit market size. As per the market report, certified organic farming systems account for nearly 7 % of the total cultivation of apples in the US.
End-Use Segment Drivers
Based on the End-Use, food is contemplated to witness significant growth over the forecast period mainly because of the aggravated consumption because of their health advantages like reducing the high cholesterol and blood pressure and improving the digestive system. In addition, antioxidants present in the apple helps to decrease the chances of cancer.
Nature Segment Drivers
Based on nature, organic apples will grow at a higher rate in the near future. This is mainly due to the rising apprehension towards health and the high amount of fiber and low sugar levels than other fruits. Also, the higher price of these organic apples at every level, including farm gate and wholesale, persuades them to choose this method.
Regional Drivers
Based on regional coverage, Asia-Pacific is projected to expand at a faster CAGR over the coming years. China is the major producers of apples with a consumption rate of 40 million metric tons, including approximately 48% of the entire country's volume. Moreover, the growing knowledge about various benefits will supplement the market growth.
Apple Fruit Market Segmentation:
Segmentation by Type
- Granny Smith
- Fuji
- Honeycrisp
- Envy
- Gala
- Others
Segmentation by Nature
- Regular Apple
- Organic Apple
Segmentation by End-Use
- Food
- Beverage
- Medicine
Segmentation by Region:
- North America
- United States of America
- Canada
- Asia Pacific
- China
- Japan
- India
- Rest of APAC
- Europe
- United Kingdom
- Germany
- France
- Spain
- Rest of Europe
- RoW
- Brazil
- South Africa
- Saudi Arabia
- UAE
- Rest of the world (remaining countries of the LAMEA region)
About GMI Research
GMI Research is a market research and consulting company that offers business sights and market research reports for every enterprise, including small & medium enterprises and large organizations. Our research team helps the clients to understand the impact of market dynamics such as market size, share, drivers, growth opportunities, and other aspects. We have a team of analysts and industry experts who conduct market intelligence studies to ensure relevant and fact-based research across a wide range of sectors such as FMCG, Technology, Energy, Healthcare, and other industries. We collect relevant information about the industry using both internal and external databases. Our main focus is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve.
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