Global Exotic Fruits Market Size, Share, and COVID-19 Impact Analysis, By Category (Organic and Conventional), By Type (Passion Fruit, Rambutan, Dragon Fruit, Durian, and Others), By Distribution Channel (Store-Based and Non-Store Based), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Food & BeveragesGlobal Exotic Fruits Market Insights Forecasts to 2033
- The Global Exotic Fruits Market Size was Valued at USD 18.78 Billion in 2023
- The Market Size is Growing at a CAGR of 6.67% from 2023 to 2033
- The Worldwide Exotic Fruits Market Size is Expected to Reach USD 35.82 Billion by 2033
- Europe is Expected to Grow the fastest during the forecast period.
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The Global Exotic Fruits Market Size is Anticipated to Exceed USD 35.82 Billion by 2033, Growing at a CAGR of 6.67% from 2023 to 2033.
Market Overview
Fruits that are unique to grow or located in a certain area are known as exotic fruits. Their tastes look, and growing needs are all distinct, and they frequently connect to tropical environments. Trophic or subtropical climates are the usual growing conditions for these fruits, which are imported from outside the country. A wide range of fruits, including jackfruit, mangosteen, durian, star fruit, dragon fruit, and passion fruit, are available in the market. Exotic fruits are highly valued for their unique tastes and fragrances as well as their nutritional qualities, which frequently include high concentrations of minerals, vitamins, and antioxidants. Their vibrant colors and unique shapes add to their visual appeal, which also helps them become popular as healthy snacks and in food presentations. Over the predicted timeframe, the exotic fruit industry is anticipated to increase significantly on a worldwide scale. Retailers and manufacturers are continuously choosing methods to satisfy the need for an exotic fruit market.
Report Coverage
This research report categorizes the market for the global exotic fruits market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global exotic fruits market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global exotic fruits market.
Exotic Fruits Market Report Coverage
Report Coverage | Details |
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Base Year: | 2023 |
Market Size in 2023 : | USD 18.78 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 6.67% |
2033 Value Projection: | USD 35.82 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 197 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Category, By Type, By Distribution, By Region |
Companies covered:: | Exotic Fruits Pvt. Ltd., Barth Fruit AG/LTD, Bolton Group, SOL ORGANICA, SPECIAL FRUIT NV, Dole Plc., Nam Viet Foods &Beverag Co., Ltd., Miami Fruit, Welch Foods Inc., Melissa’s/World Variety Produce, Inc., Nature’s Pride, Fast & Fresh Global LLP, Fesa UK Ltd., Great Sun Pitaya Farm Sdn. Bhd., TFC Holland B.V., and Others Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The demand for a wide range of exotic fruits has increased due to the recent rise in public interest in nutrition and health from a variety of sources. This group of food products is frequently recognized for having a high nutritional content and for containing vital vitamins, minerals, and antioxidants. Nowadays people are aware of a huge variety of fruits that they were unaware due to the lack of the internet. These same consumers are now more eager to experiment with different fruits in their smoothies, salads, desserts, and snacks, which is driving up demand for exotic fruits market.
Restraining Factors
The complex structure of the supply chain and the difficulties associated with logistics pose an important restriction to the exotic fruit market. These fruits must be transported and stored within a specific time frame due to their fresh nature, demanding complicated and frequently costly logistics methods.
Market Segmentation
The global exotic fruits market share is classified into category, type, and distribution channel.
- The organic segment dominates the market with the largest market share through the forecast period.
Based on the category, the global exotic fruits market is categorized into organic and conventional. Among these, the organic segment dominates the market with the largest market share through the forecast period. The importance of boasting a smaller market share, the organic category is growing in popularity as consumers grow more conscious of environmental and health issues. Organic exotic fruits are produced with no artificial fertilizers or pesticides, making them appealing to customers who are concerned about their health and require natural products.
- The dragon fruit segment is anticipated to grow at the fastest CAGR growth through the forecast period.
Based on the type, the global exotic fruits market is categorized into passion fruit, rambutan, dragon fruit, durian, and others. Among these, the dragon fruit segment is anticipated to grow at the fastest CAGR growth through the forecast period. Dragon fruit is visually striking and attracts customers' curiosity because of its magnificent pink or yellow skin and green scales. The growing popularity of dragon fruit production can also be related to its low maintenance requirements, minimal water requirements, and ability to adapt to many climates.
- The store-based segment accounted for the largest revenue share through the forecast period.
Based on the distribution channel, the global exotic fruits market is categorized into store-based and non-store-based. Among these, the store-based segment accounted for the largest revenue share through the forecast period. Due to their considerably larger customer bases, supermarkets and hypermarkets can serve a considerable customer base, particularly those who like to purchase fresh fruit in person. When purchasing exotic fruits, customers frequently prefer a hands-on experience that allows them to evaluate the fruit's growth, quality, and size.
Regional Segment Analysis of the Global Exotic Fruits Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Asia-Pacific is anticipated to hold the largest share of the global exotic fruits market over the predicted timeframe.
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Asia-Pacific is anticipated to hold the largest share of the global exotic fruits market over the predicted timeframe. Many tropical and subtropical regions of Asia Pacific are ideal for growing a variety of exotic fruits, including durian, mangosteens, and rambutans. The region's easily accessible supply chain reduces transportation expenses and promotes greater accessibility. In addition, the region's fast urbanization is fueling consumer desire for quick and easily accessible food options, which is the growth of contemporary retail channels like supermarkets and hypermarkets and promoting the selling of exotic fruits.
Europe is expected to grow at the fastest CAGR growth of the global exotic fruits market during the forecast period. Europe appears to be favoring novel and intriguing tastes in increasing numbers, leading them to experiment with a wide variety of exotic fruit varieties that are inspired by this. Consumers in Europe are becoming more curious about novel and intriguing tastes, which is encouraging them to try out different exotic fruits.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global exotic fruits market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Exotic Fruits Pvt. Ltd.
- Barth Fruit AG/LTD
- Bolton Group
- SOL ORGANICA
- SPECIAL FRUIT NV
- Dole Plc.
- Nam Viet Foods &Beverag Co., Ltd.
- Miami Fruit
- Welch Foods Inc.
- Melissa's/World Variety Produce, Inc.
- Nature's Pride
- Fast & Fresh Global LLP
- Fesa UK Ltd.
- Great Sun Pitaya Farm Sdn. Bhd.
- TFC Holland B.V.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In December 2023, Dole plc, an Irish-American agricultural multinational corporation, unveiled high-quality dragon fruit to consumers across the U.S. and Canada.
- In September 2023, Frieda's Branded Produce, a U.S.-based fruit company, announced the launch of a new Passion Fruit three-pack. The new product launch offered consumers a convenient and affordable way to enjoy the fruit.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global exotic fruits market based on the below-mentioned segments:
Global Exotic Fruits Market, By Category
- Organic
- Conventional
Global Exotic Fruits Market, By Type
- Passion Fruit
- Rambutan
- Dragon Fruit
- Durian
- Others
Global Exotic Fruits Market, By Distribution Channel
- Store-Based
- Non-Store Based
Global Exotic Fruits Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1.Which are the key companies that are currently operating within the market?Exotic Fruits Pvt. Ltd., Barth Fruit AG/LTD, Bolton Group, SOL ORGANICA, SPECIAL FRUIT NV, Dole Plc., Nam Viet Foods &Beverag Co., Ltd., Miami Fruit, Welch Foods Inc., Melissa's/World Variety Produce, Inc., Nature's Pride, Fast & Fresh Global LLP, Fesa UK Ltd., Great Sun Pitaya Farm Sdn. Bhd., TFC Holland B.V., and Others.
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2.What is the size of the global exotic fruits market?The Global Exotic Fruits Market Size is Expected to Grow from USD 18.78 Billion in 2023 to USD 35.82 Billion by 2033, at a CAGR of 6.67% during the forecast period 2023-2033.
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3.Which region is holding the largest share of the market?Asia-Pacific is anticipated to hold the largest share of the global exotic fruits market over the predicted timeframe.
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