How Has The Computer Vision in Mango Market Size Evolved In Recent Years?
The mango market has seen considerable growth due to a variety of factors.
• The expansion of the mango market has been robust in the past few years. It is projected to rise from a value of $67.4 billion in 2024 to $71.98 billion in 2025, marking a compound annual growth rate (CAGR) of 6.8%.
Factors such as the boost in disposable income, expansion of the export rate, a shift in consumer preferences to mango flavored beverages, the development of emerging markets, and increased knowledge of the advantages of plant-based food products have all contributed to the growth recorded in the historical period.
What is the Forecasted Market Size and CAGR for the Mango Market?
The mango market is expected to maintain its strong growth trajectory in upcoming years.
• Expectations are high for substantial expansion in the mango market over the ensuing years. Predictions estimate it will experience an ascent to $97.82 billion by the year 2029, with an 8.0% compound annual growth rate (CAGR).
This anticipated expansion in the predicted period is largely due to factors such as heightened awareness of health benefits, rapid advancements in e-commerce, population growth, and government programs. Future trends in this period are likely to consist of investments in modern processing technologies to tackle fungal diseases and reduce physiological spoilage. Moreover, using edible coatings for enhanced shelf life and microbial protection, implementing new storage technologies to maintain the fruit's quality and longevity, as well as creating and introducing superior product variants are also predicted.
Which Factors Are Boosting Growth In The Mango Market?
The expansion of the mango market is bolstered by the swift rise in e-commerce. E-commerce involves the exchange of financial transactions and information to conduct business over the internet. E-commerce outlets provide a vast array of groceries, fruits, vegetables, and agricultural produce. This merchandise is subject to stringent quality control procedures and testing for shelf life, grade, packaging materials, and organic attributes. For example, as per the data from the International Trade Administration, a US Department of Commerce, consumer eCommerce constituted 36.3% of the total UK retail market as of January 2021. Expectations are to see revenue reaching $285.60 billion by 2025. E-commerce income in the UK is also predicted to surge at an average annual rate of 12.6% by 2025. Hence, the swift rise in e-commerce bolsters the expansion of the mango market.
What are the Market Segments in the Mango Market?
The mango market covered in this report is segmented –
1) By Type: Whole Fruit, Mango Pulp And Puree, Processed Mango Products
2) By Nature: Conventional, Organic
3) By Packaging Type: Bag, Pouches, Tray, Box, Other Packaging Types
4) By Distribution Channel: Direct, Indirect
5) By End User: Household, Food And Beverages Industry, Food Service Provider, Other End Users
Subsegments:
1) By Whole Fruit: Fresh Mango, Organic Mango, Dried Mango
2) By Mango Pulp And Puree: Canned Mango Pulp, Frozen Mango Puree, Fresh Mango Puree
3) By Processed Mango Products: Mango Juice, Mango Jam And Jellies, Dried Mango Snacks
Pre-Book The Mango Global Market Report 2025 Report For Swift Delivery And Comprehensive Insights:
What Trends are Shaping the Mango Market?
Government programs that acknowledge the nutritional importance of appropriate alternatives to other foods in public health schemes are bolstering the growth of the mango market. Mangoes, which are high in vitamins, minerals, and antioxidants, have been linked to numerous health benefits like potential anticancer effects, enhanced immunity, and improved digestive and eye health. As a case in point, the Agricultural and Processed Food Products Export Development Authority (APEDA) facilitated the export of the first fresh mango batch from Mumbai to Japan in March 2022, which significantly contributed to the market's expansion. As part of the Azadi ki Amrit Mahotsav, a mango festival will be held in Tokyo, Japan, featuring a mango exhibition and tasting at several Lawson supermarket outlets. The event is a joint initiative by the Embassy of India, Japan and Invest India. Moreover, APEDA has focused on numerous export promotion maneuvers like virtual portals for Virtual Trade Fairs, the Farmer Connect Portal, the e-office, Hortinet Traceability system, and product-specific campaigns, Reverse Buyer Seller Meets, and Buyer Seller Meets. Working hand-in-hand with the state government, APEDA has also been developing infrastructure and encouraging exports from the state. Therefore, the government's efforts towards plant-based food products will further fuel the growth of the mango market.
Who Are the Key Players in the Mango Market?
Major companies operating in the mango market include:
• Fresh Del Monte
• Capricorn Food Products India Ltd
• Del Monte Foods
• Freshmax Group
• ABC Fruits,Parle Agro
• Food & Inns Ltd.
• Agrana Group
• Keventer Agro Ltd.
• DÖHLER
• Tradelink International
• Energetic Overseas
• Aavaith international
• Arham Agro Exports
• Harshad Mango Products Private Limited
• J. J Agro Industry
• Weifang Alice Food Co Ltd
• Shouguang Vegetable and Food Industry Group Co Ltd
• Ruiqiu Foods Co Ltd
• Xiamen Friendship Bridge Co Ltd
• Jiaozuo Hailian Food Co Ltd
• Guangzhou Yihe Gardening Co Ltd
• Kokkaen Co Ltd
• Vietstore
• Lyn Kamino
• Larry Group of Companies Inc
• Raw exports ltd
• The Old English Trading Company Ltd
• Polish Mango
• The Hortex company
• Fruitland Company
• Armata Imports
• RGS group
• Diazteca
• Aseptic Fruit Purees
• Sun Tropical Foods LLC
• Caquin Trading Inc
• Specialty Fruits
• Fundo Los Paltos
• Frutecer
• Agrodan
• Bio fruit Export S. A
• Globe natural International S. A
• ADM do Brazil Ltd.
• Carabao mangoes
• Ngowe Mango
• SSMP Industries Ltd
• Rancho De Estraero
• Unifrutti Group
• GG And Z Impe Group Pty Ltd
• Allianz1 Globe Groups
• Amimujco Nig Ltd
• Golden Links Pyramid Ltd
What are the Regional Insights into the Mango Market?
Asia-Pacific was the largest region in the mango market in 2024. The regions covered in the mango market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
