Specialty Crops Market Outlook Geographical Segmentation Industry Size & Share Comprehensive Analysis to 2028

The specialty crops market was valued at US$ 982.17 million in 2019 and is projected to reach US$ 1,203.81 million by 2027; it is expected to grow at a CAGR of 2.6% from 2020 to 2027.

Specialty crops refer to fruits and vegetables, tree nuts, dried fruits, horticulture, and nursery crops (including floriculture). They also include exotic crops that are specifically cultivated across a region due to climatic and topographical features. With the growing population, coupled with rise in per capita disposable income, a paradigm shift in consumer eating patterns have been observed, which has a direct impact on the demand for healthy and tasty food. Further, rapid urbanization, ethnic composition, health concerns, and changes in demographic features are other factors promoting the demand for specialty crops.

Sample PDF showcases the content structure and the nature of the information included in the report which presents a qualitative and quantitative analysis - https://www.theinsightpartners.com/sample/TIPRE00015685/?utm_source=OpenPR&utm_medium=10188

Surging demand for specialty crops is attributed to their widening application scope. There is an increase in demand for specialty crops with the change in global economic condition and favorable trade practices. For instance, the consumption of exotic fruits, such as dragon fruit, star fruit, and passion fruit, has increased owing to increasing consumer knowledge about the health benefits and wide application scope of specialty crops. This has led to increase in demand for these fruits across the world. Moreover, dragon fruits are not just limited to their parent market Vietnam, where they are extensively grown, but are sold globally.

DIAMOND FRUIT CO.; Harbor Spice Co., Inc.; Olam International; Oregon Spice Company; The Specialty Crop Company; BanaBay Limited; Rice Fruit Company; Fisher Nut Company; Simped Foods Pty Ltd.; and SVZ Industrial Fruit & Vegetable Ingredients are among the well-established players in the specialty crops market.

Have a 15-minute long discussion with the lead analyst and author of the report in a time slot decided by you. You will be briefed about the contents of the report and queries regarding the scope of the document will be addressed as well: https://www.theinsightpartners.com/speak-to-analyst/TIPRE00015685/?utm_source=OpenPR&utm_medium=10188

Impact of COVID-19 Pandemic on Specialty Crops Market

Coronavirus outbreak first began in Wuhan, China, in December 2019, and since then, it has spread across the globe. As of February 2021, the US, India, Brazil, Russia, the UK, France, Spain, Italy, Turkey, Germany, Colombia, and Argentina are some of the worst affected countries in terms of confirmed cases and reported deaths. The COVID-19 outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food & beverages industry is one of the significant sectors suffering severe disruptions, such as supply chain breaks, technology event cancellations, and office shutdowns, as a result of this outbreak. Several companies have already announced possible delays in product deliveries and slump in future sales of their products.

The report includes the segmentation of the global specialty crops market as follows:

Specialty Crops Market, by Category

• Organic
• Conventional
•
Specialty Crops Market, by Crop Type

• Fruits and Vegetables
• Tree Nuts
• Herbs and Spices

Immediate delivery of our off-the-shelf reports and prebooking of upcoming studies, through flexible and convenient payment methods@ https://www.theinsightpartners.com/buy/TIPRE00015685/?utm_source=OpenPR&utm_medium=10188

Contact Us:

If you have any queries about this report or if you would like further information, please

Contact Person: Sameer Joshi
E-mail: sales@theinsightpartners.com
Phone: +1-646-491-9876

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

This release was published on openPR.