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Top Factor Driving Cherries Market Growth in 2025: Cherries Market Thrives Amidst Surge In Plant-Based Diet Popularity
Cherries Market Report
There has been a robust expansion in the size of the cherries market in recent years, with projections indicating it will rise from $63.03 billion in 2024 to $68.7 billion in 2025, progressing at an annual compound growth rate (CAGR) of 9.0%. A variety of factors fueled this historic period of growth, including increased knowledge of cherry health benefits, rising disposable incomes, and urban development. Government policies and norms that bolstered the cherry industry also contributed, as did heightened demand for fresh, wholesome food choices and evolving consumer preferences.
The market for cherries is predicted to experience significant expansion in the coming years, with projections suggesting it will reach $95.71 billion in 2029, having grown at a compound annual growth rate (CAGR) of 8.6%. This growth during the forecast period can be attributed to several factors including an increased demand for organic and natural foods, a heightened emphasis on sustainability and environmental consciousness within the cherry industry, the rise of e-commerce and online sales, growing consumer interest in functional foods and nutraceuticals, and advancements in cherry farming methods and crop management. Noteworthy trends anticipated within the forecast period include the rising popularity of dried cherries as snacks, an expansion of cherry varieties found in supermarkets, an increased interest in cherry-infused drinks and cocktails, the adoption of eco-friendly farming practices in cherry farming, and the emergence of inventive cherry-based skincare product lines.
What Are the Key Drivers Behind the Growth of the Cherries Market?
The increased interest in plant-based eating is projected to boost the cherries market in the future. The concept of a plant-based diet revolves mostly or entirely around foods obtained from plants such as fruits, vegetables, grains, nuts, and seeds, while it mostly avoids or reduces the consumption of animal-based products like meat, dairy, and eggs. This shift towards plant-based diets is due to a heightened consciousness about health benefits, environmental considerations, and ethical issues surrounding animal welfare. Cherries are commonly incorporated into plant-based menus, offering a dash of flavor to salads, smoothies, desserts, and sauces. Citing data from the Good Food Institute, a non-profit organization based in the US, global retail sales of plant-based meat reached a staggering $6.1 billion in 2022, marking an 8% surge in dollar sales and a 5% climb in weight sales compared to the prior year. Consequently, the mounting popularity of plant-based diets is fueling the growth of the cherries market.
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Who Are the Dominant Companies Influencing Cherries Market Trends?
Major companies operating in the cherries market are Dole Plc, Del Monte Foods Inc., Maple Leaf Foods, Unifrutti Group, Gebbers Farms, Stemilt Growers, WASHINGTON FRUIT GROWERS, Driscoll's Inc., Borton Fruit, Zirkle Fruit Company, Chelan Fresh, Columbia Fruit Packers Inc., Domex Superfresh Growers, Rainier Fruit Co., Valley Fresh Produce, Naturipe Fruits, Smeltzer Orchard Company LLC, CMI Orchards LLC., Leelanau Fruit Co., Alaraagri.com, Hood River Cherry Company, Global Green Company, CherryHill Orchards Pty Ltd., Perfecta Produce, AMAZONIA BIO
How Is the Cherries Market Evolving?
Prominent entities in the cherries market are directing their interests toward innovative production systems to augment harvesting procedures and improve supply chain administration. An inventive production line employs advanced technology, automation and effective techniques to enhance manufacturing activities and boost efficiency. For example, in April 2024, FirstFruits Farms Inc., an American firm involved in apple packing, cultivating, and shipping, launched a pioneering cherry production line in Prescott, Washington. This line backs superior technology that assures complete automation, reinforcing the distribution of high-quality fruits to consumers. The solutions provided by UNITEC are programmed to handle both Rainier and Dark Sweet cherry varieties smoothly, integrating package facilities such as clamshells, pouch bags, and top seal capabilities. This refined equipment is set to significantly elevate the company's production abilities.
What Are the Different Segmentations in the Cherries Market?
The cherries market covered in this report is segmented -
1) By Type: Sweet, Sour
2) By Varieties: Bing, Rainier, Lambert, Lapins
3) By Application: Direct Consumption, Cakes And Bakery, Candy And Snacks, Jams And Juice, Alcoholic Beverages, Other Applications
4) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Online
Subsegments:
1) By Sweet Cherries: Bing Cherries, Rainier Cherries, Chelan Cherries, Lapins Cherries, Tulare Cherries, Sweetheart Cherries
2) By Sour Cherries: Montmorency Cherries, Balaton Cherries, Morello Cherries, Tart Cherries
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Which Region Is at the Forefront of the Cherries Market?
Asia-Pacific was the largest region in the cherries market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cherries market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Cherries Global Market Report?
- Market Size Analysis: Analyze the Cherries Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Cherries Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Cherries Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Cherries Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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