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Key Influencer in the Fruit And Nut Farming Market 2025: Rising Crop Production Expenses Fueling Growth In Fruit And Nut Farming Market Driver
What Is the Forecasted Market Size and Growth Rate for the Fruit And Nut Farming Market?The expansion of the fruit and nut farming market has been swift and substantial in recent years. It's anticipated to increase from $1303.12 billion in 2024 to $1437.06 billion in 2025, with a compound annual growth rate (CAGR) of 10.3%. The notable growth in the past can be linked to factors including increased consumer demand for fresh produce, opportunities for export, global population growth, heightened awareness towards health and nutrition, and advancements in agricultural technology.
In the coming years, substantial growth is expected in the fruit and nut farming market, with projections predicting an expansion to $2056.92 billion by 2029. This impressive increase, forecasted at a compounded annual growth rate of 9.4%, is due to various factors including sustainable and organic farming methods, climate change adaptation, the advancement and gain of new fruit and nut varieties, traceability, and food safety, and the broadening of the global market. Key market trends expected in this period are the prominence of superfoods, the uptake of urban and vertical farming, the creation of value-added products, the development of alternative pest control methods, and enhanced direct-to-consumer sales.
What Factors Are Propelling the Expansion of the Fruit And Nut Farming Market?
The escalation in crop production is set to stimulate the expansion of the fruit and nut farming market in the future. Crop production pertains to the cultivation and growth of crops for a variety of uses, including human and animal consumption. This surge in crop production is enhancing fruit and nut farming via increasing demand, technological progress, market expansion, diversification, and innovation. For example, Gov.UK, a UK-based public sector information website, reported in May 2023 that the total crop yield for 2022 was $14,034.6 (£13,330) million, a surge of $2,524.76 (£2,398) million (21.9%) compared to the previous year, 2021. Consequently, the boost in crop production is fueling the growth of the fruit and nut farming market.
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Which Businesses Are at the Forefront of Fruit And Nut Farming Market Development?
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.
What Are the Latest Innovations in the Fruit And Nut Farming Market?
The strain on the workforce combined with a surge in the need for sophisticated farming machinery across several nations is boosting the needs for agricultural robots, often known as agribots. These agribots are utilized in agricultural fields for tasks such as pruning, weed removal, and dispersing herbicides and pesticides. They are linked to tractors for the purpose of disseminating seeds, water, pesticides, nutrients and to carry out the harvest. A case in point would be the Energid Citrus Picking Robot System, which harvests an orange in every two seconds off a tree, consequently increasing efficiency and reducing the dependency on farming labor.
How Is the Fruit And Nut Farming Market Segmented?
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: Hyper markets Or Super markets, Convenience Stores, Other Applications
Subsegments:
1) By Orange Groves: Navel Oranges, Valencia Oranges, Blood Oranges, Other Orange Varieties
2) By Citrus Groves: Lemon Groves, Lime Groves, Grapefruit Groves, Tangerine And Mandarin Groves, Other Citrus Varieties (Pomelo, Kumquat)
3) By Noncitrus Fruit And Tree Nut Farming: Apple Orchards, Pear Orchards, Stone Fruit Farming (Peaches, Cherries, Plums), Berry Farming (Strawberries, Blueberries, Raspberries), Tree Nut Farming (Almonds, Walnuts, Pistachios, Cashews), Avocado Farming, Olive Farming, Other Noncitrus Fruit And Nut Varieties (Figs, Pomegranates)
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Where Is the Fruit And Nut Farming Market Growth Most Prominent?
Asia-Pacific was the largest region in the fruit and nut farming market in 2023. Western Europe was the second-largest region in the fruit and nut farming market. The regions covered in the fruit and nut farming market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Is Covered In The Fruit And Nut Farming Global Market Report?
- Market Size Analysis: Analyze the Fruit And Nut Farming Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Fruit And Nut Farming 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 Fruit And Nut Farming Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Fruit And Nut Farming Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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