Press release
Rapid Growth Expected in Organic Fruit and Nut Farming Market, Reaching $68.72 Billion by 2028
The organic fruit and nut farming market size has grown rapidly in recent years. It will grow from $38.07 billion in 2023 to $42.73 billion in 2024 at a compound annual growth rate (CAGR) of 12.3%. The growth in the historic period can be attributed to growing consumer demand for organic products, government regulations and certification, health and wellness trends, retail expansion.The organic fruit and nut farming market size is expected to see rapid growth in the next few years. It will grow to $68.72 billion in 2028 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to awareness and education, climate change concerns, supply chain and distribution improvements, consumer education and awareness. Major trends in the forecast period include innovation and technology, diversification of organic varieties, eco-friendly packaging, partnerships and collaborations, quality assurance and traceability.
Market Overview -
Organic fruit farming is defined as the practice of growing crops without the use of herbicides, synthetic pesticides, and fertilizers. Organic nuts farming refers to growing nuts without the use of chemicals such as pesticides, herbicides, and fertilizers.
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Rising Interest In Organic Food Spurs Growth In The Organic Fruit And Nut Farming Market
The increasing demand for organic food is a key factor driving the growth of the organic fruit and nut farming market. One of the most important realisations worldwide during the COVID-19 pandemic is the need to develop strong immunity as a potential barrier against deadly viruses. With plenty of antioxidants and nutrients, organic food offers one of the best ways to enhance immunity. So, consumers are willing to purchase and even pay an additional price for organic food. In 2020, the global organic food industry will be experiencing rapid growth as customers continue to recognise immunity as essential weaponry. Therefore, this increasing demand for organic food is expected to drive the growth of the organic fruit and nut farming market.
Competitive Landscape -
Major companies operating in the organic fruit and nut farming market include Biorfarm, Koraput Organic, MyGreen Mart, Organic Tapovana, Plenty, Atlántica Agrícola, Aero Farm Systems, Homecrop, Pindfresh, UrbanKissan, iKheti, Frog Hollow Farm, TIO Farms, Total Produce plc, Fresh Del Monte Produce Inc., Chiquita Brands International Sarl, Olam International, Ocean Spray Cranberries Inc., Blue Diamond Growers, Sunkist Growers Inc., Soufflet SA, Costa Group Holdings Ltd., Yuan Longping High-Tech Agriculture Co. Ltd., Riverbank Farm, Upper Forty Farm, Star Light Gardens, Marbleseed, Organic Crop Improvement Association, Custom Ag Formulators Inc., Albert Lea Seed House, Grain Millers Inc., Organic Valley, Nature's Path Foods, Bob's Red Mill Natural Foods, Lundberg Family Farms, Eden Foods, Amy's Kitchen, Sun-Maid Growers of California, Wonderful Pistachios & Almonds, Earthbound Farm
Nichols Farms Introduces Organic-Flavored Pistachios In The Organic Fruit And Nut Farming Market
Major companies operating in the organic fruit and nut farming market are introducing innovative products, such as organic-flavored pistachios, to gain a competitive edge in the market. The Organic Flavored Pistachios are made from certified non-GMO, CCOF California-grown pistachios and contain no artificial ingredients. For instance, in April 2023, Nichols Farms, a US-based organic fruit and nut farming company, launched its complete line of organic-flavored pistachios. The company's Organic Roasted with Sea Salt Pistachios are now complemented by six new flavored products such as Habanero Lime 14-ounce In-Shell, Rosemary Garlic 14-ounce In-Shell, Habanero Lime five-ounce No Shell, Rosemary Garlic five-ounce No Shell, Hot Honey five-ounce No Shell, and Maple Butter five-ounce No Shell. Each serving contains six grams of complete protein and all nine essential amino acids.
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Key Segments -
The organic fruit and nut farming market covered in this report is segmented -
1) By Product Type: Orange Groves, Citrus Groves, Non-Citrus Fruit, Nuts, Other Product Types
2) By Farming Type: Pure Organic farming, Intergrated Oraganic farming
3) By Distribution Channel: Hypermarkets/Supermarkets, Convenience Stores, Other Distribution Channels.
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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