Mango Market Report: Size, Share, Price, Trends, Growth And Detailed Analysis, Forecast To 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Mango Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:
The mango market size has grown strongly in recent years. It will grow from $63.65 billion in 2023 to $67.95 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to rise in disposable income, increase in growth rate of exports, consumer preferences towards mango flavored drinks, emerging markets growth and rising awareness associated with benefits of plant-based food products..

The mango market size is expected to see strong growth in the next few years. It will grow to $89.55 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The growth in the forecast period can be attributed to increased awareness about the health benefits, rapid growth in ecommerce, increasing population and government initiative. Major trends in the forecast period include investing in new processing technologies to combat fungal infection and reduce physiological degradation, leveraging edible coatings for better shelf life and protection from microbes, adopting new storage technologies to preserve fruit quality and shelf life and developing and launching new and better product variants..

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Key Market Players:
Major companies operating in the mango market report are 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

Market Drivers:
The rapid growth in e-commerce supports the growth of the mango market. E-commerce is the process of exchange of money and data to transact business through the internet. E-commerce stores offer a wide range of groceries, fruits, vegetables, and farm produce. The produce goes through high standards of quality control and testing in terms of shelf life, grade, packing materials, and organic characteristics. For instance, in September 2022, according to the International Trade Administration, a US-based government agency, consumer eCommerce currently makes up 30% of the UK's overall retail industry, up from 20% in 2020, and generates over $120 billion in yearly sales. In 2021, 82% of people in the UK made at least one online purchase. Thus, the rapid growth in e-commerce supports the growth of the market.

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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

The report answers the following questions:
What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

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