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Fruit And Nut Farming Market Trends, Surging Demand, Detailed Analysis, And Forecast To 2033
The new report published by The Business Research Company, titled Fruit And Nut Farming Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the fruit and nut farming market size has grown rapidly in recent years. It will grow from $1194.23 billion in 2023 to $1316.62 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The fruit and nut farming market size is expected to see strong growth in the next few years. It will grow to $1880.1 billion in 2028 at a compound annual growth rate (CAGR) of 9.3%.
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Rising Crop Production Expenses Fueling Growth In Fruit And Nut Farming Market
The rising crop production is expected to propel the growth of the fruit and nut farming market going forward. Crop production refers to the process of growing and cultivating crops, for various purposes such as human and animal consumption. Crop production is boosting fruit and nut farming through increased demand, technological advancements, market growth, diversification, and innovation. For instance, in May 2023, according to Gov.UK a UK based public sector information website, the total crop output was $14,034.6(£13,330) million in 2022 which is an increase of $2,524.76 (£2,398) million (21.9%) from the year 2021.Therefore, rising crop production is driving the growth of the fruit and nut farming market.
Rising Demand For Agribots For Fruit And Nut Farming
A shortage of labour and increasing demand for advanced agriculture tools in many countries is driving the demand for agriculture robots, or agribots. Agribots are used on farmlands for pruning, weeding, and spraying pesticides and herbicides. They are connected to tractors for spraying water, seeds, pesticides, nutrients, and harvesting. For instance, the Energid Citrus Picking Robot System picks an orange every two seconds from a tree, thus enhancing productivity and thereby limiting the need for agricultural labor.
The fruit and nut farming market covered in this report is segmented -
1) By Type: Orange Groves, Citrus Groves, Noncitrus Fruit And Tree Nut Farming
2) By Farming Process: Organic Fruit And Nut Farming, Traditional Farming
3) By Application: Hypermarkets Or Supermarkets, Convenience Stores, Other Applications
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Major companies operating in the fruit and nut farming market include Total Produce plc, Fresh Del Monte Produce Inc., Chiquita Brands International Sarl, Olam International Ltd., Ocean Spray Cranberries Inc., Blue Diamond Growers, Sunkist Growers Inc., Soufflet SA, Costa Group Holdings Ltd., Yuan Longping High-Tech Agriculture Co. Ltd, Dole Food Company Inc., Sun-Maid Growers of California, Wonderful Citrus, Del Monte Foods Inc., Florida's Natural Growers, The Wonderful Company, National Grape Cooperative Association (Welch's), Tree Top Inc., Sun Pacific, Wonderful Pistachios & Almonds, Stark Bro's Nurseries & Orchards Co., Gerber, United Sugars Corporation, Driscoll's, Pacific Coast Producers, Just Born Inc., Wawona Frozen Foods, South Georgia Pecan, Mariani Nut Company, Martin's Famous Pastry Shoppe Inc., Diamond Foods (Emerald Nuts), Graceland Fruit Inc., Setton Farms, Smude Enterprises LLC.
Contents of the report:
1. Executive Summary
2. Fruit And Nut Farming Market Report Structure
3. Fruit And Nut Farming Market Trends And Strategies
4. Fruit And Nut Farming Market - Macro Economic Scenario
5. Fruit And Nut Farming Market Size And Growth
…..
27. Fruit And Nut Farming Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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