The exotic fruit market size has experienced robust growth in recent years, projected to expand from $16.89 billion in 2023 to $18.03 billion in 2024, at a compound annual growth rate (CAGR) of 6.8%. This growth is attributed to the increasing popularity of superfoods, a rise in veganism, expanding international trade, the growing popularity of smoothie bowls and juices, and a rising interest in functional foods. The exotic fruit market is expected to see continued strong growth, with an anticipated size of $23.52 billion by 2028, achieving a CAGR of 6.9%. Contributing factors include growth in online grocery shopping, increased global tourism exposure, the growing popularity of natural sweeteners, rising disposable income, and heightened awareness of antioxidant-rich foods. Major trends expected during this period include innovations in fruit preservation techniques, eco-friendly farming methods, exotic fruit-based superfood powders, a shift towards clean-label products, and the implementation of blockchain technology in exotic fruit supply chains.
Global Exotic Fruit Market Key Driver
The rising demand for organic fruits is set to propel the growth of the exotic fruit market. Organic fruits are cultivated without synthetic pesticides or fertilizers, appealing to health-conscious consumers seeking environmentally friendly options. The demand for organic fruit stems from increased awareness of health benefits and a preference for chemical-free products. Incorporating exotic fruits into organic selections provides diverse nutrient-rich choices. For instance, the Organic Trade Association stated that organic fruits and vegetables generated over $21 billion in revenue in 2021, rising to $22 billion in 2022, reflecting the increasing demand for organic produce and its influence on the exotic fruit market.
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Global Exotic Fruit Market Segments
The exotic fruit market covered in this report is segmented –
1) By Type: Passion Fruit, Rambutan, Dragon Fruit, Durain, Other Types
2) By Category: Organic, Conventional
3) By Distribution Channels: Online Platforms, Offline Specialty Stores
4) By End-Use: Commercial, Residential
By Geography:The regions covered in the exotic fruit marker report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Asia-Pacific was the largest region in the exotic fruit market in 2023.
Major Exotic Fruit Industry Players
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
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Exotic Fruit Market Overview
Exotic fruit refers to fruits grown in tropical or subtropical regions that are not commonly found in temperate climates. These fruits have unique flavors, colors, and textures, distinguishing them from more conventional fruits such as apples and bananas. They are valued for their nutritional benefits and culinary versatility, appealing to consumers seeking new and diverse food experiences.
Exotic Fruit Global Market Report 2023 provides data on the global exotic fruit market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The exotic fruit market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.
