United States Exotic Fruits Market Size, Share, and COVID-19 Impact Analysis, By Category (Organic and Conventional), By Distribution Channel (Store-Based and Non-Store Based), and US Exotic Fruits Market Insights, Industry Trend, Forecasts to 2033.

Industry: Food & Beverages

RELEASE DATE Sep 2024
REPORT ID SI6240
PAGES 210
REPORT FORMAT PathSoft

United States Exotic Fruits Market Insights Forecasts to 2033

  • The Market Size is Growing at a CAGR of 5.9% from 2023 to 2033
  • The U.S. Exotic Fruits Market Size is Expected to Hold a Significant Share by 2033

 

United States Exotic Fruits Market

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The US Exotic Fruits Market Size is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 5.9% from 2023 to 2033.

 

Market Overview

Exotic fruits are those that are specific to a particular region for growth or origin. Their preferences in appearance and increasing requirements are unique, and they often relate to tropical settings. These fruits typically grow in tropical or subtropical climates and are imported from foreign countries. There is a variety of fruits such as jackfruit, mangosteen, durian, star fruit, dragon fruit, and passion fruit accessible at the market. Exotic fruits are often prized for their unique flavors and aromas, as well as their nutritional benefits, which often include rich amounts of minerals, vitamins, and antioxidants. The vibrant hues and distinct forms of these fruits enhance their visual attractiveness, making them sought-after choices for both nutritious snacking and culinary displays. During the expected period, there is an expected substantial growth in the exotic fruit sector on a level. Retailers and producers are always looking for ways to meet the demand for exotic fruits in the market.

 

Report Coverage

This research report categorizes the market for the US 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 United States 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 U.S. exotic fruits market.

 

United States Exotic Fruits Market Report Coverage

Report CoverageDetails
Base Year:2023
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :5.9%
Historical Data for:2019 - 2022
No. of Pages:210
Tables, Charts & Figures:110
Segments covered:By Category, By Distribution Channel
Companies covered:: Exotic Fruits Pvt. Ltd., Barth Fruit AG/LTD, READY TO EAT, SOL ORGANICA, S.A., Special Fruit, Dole Plc., Miami Fruit, Melissa’s/World Variety Produce, Inc., Nature’s Pride, Exotic fruits USA, Others, and
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, and Analysis

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Driving Factors

The surge in public interest in nutrition and health from various sources has led to an increase in the demand for a variety of exotic fruits. This collection of food items is often acknowledged for its rich nutritional value and for having essential vitamins, minerals, and antioxidants. Furthermore, with the help of the internet, consumers can now discover a wide variety of fruits that were previously unknown to them. These identical consumers are now increasingly willing to try out various fruits in their smoothies, salads, desserts, and snacks, leading to an increase in the demand for tropical beefsteak free-flow juices.

 

Restraining Factors

The intricate supply chain structure and logistic challenges significantly limit the exotic fruit market. Due to being fresh, these fruits require specific time frames for transport and storage, necessitating complex and often expensive logistical methods.

 

Market Segmentation

The US exotic fruits market share is classified into category and distribution channel.

  • The organic segment is expected to hold a significant market share through the forecast period.

The United States exotic fruits market is segmented, by category into organic and conventional. Among these, the organic segment is expected to hold a significant market share through the forecast period. As consumers become more aware of environmental and health concerns, the organic category is gaining popularity despite having a smaller market share. Organic exotic fruits, grown without artificial fertilizers or pesticides, are popular among health-conscious customers who seek natural products.

 

  • The store-based segment is expected to dominate the US exotic fruits market during the projected period.

Based on the distribution channel, the United States exotic fruits market is categorized into store-based and non-store-based. Among these, the store-based segment is expected to dominate the US exotic fruits market during the projected period. Because of their significantly larger number of customers, supermarkets, and hypermarkets are able to cater to a significant customer base, especially those who prefer to buy fresh fruit in-store. When buying exotic fruits, customers often favor a tactile experience that enables them to assess the fruit's development, caliber, and dimensions.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States 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
  • READY TO EAT
  • SOL ORGANICA
  • S.A.
  • Special Fruit, Dole Plc.
  • Miami Fruit
  • Melissa's/World Variety Produce, Inc.
  • Nature's Pride
  • Exotic fruits USA
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In September 2023, Frieda's Branded Produce, an American fruit company, revealed the introduction of a new three-pack of Passion Fruit. The recent product release provided customers with a cost-effective and convenient option to savor the fruit.

 

Market Segment

This study forecasts revenue at U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States Exotic Fruits Market based on the below-mentioned segments:

 

United States Exotic Fruits Market, By Category

  • Organic
  • Conventional

 

United States Exotic Fruits Market, By Distribution Channel

  • Store-Based
  • Non-Store Based

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