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Emerging Trends Influencing The Growth Of The Cherries Market: Key Players Advancements In Cherry Production
Cherries
How Big Is the Cherries Market Size Expected to Be by 2034?
The cherries market size has grown strongly in recent years. It will rise from $63.03 billion in 2024 to $68.7 billion in 2025, at a compound annual growth rate (CAGR) of 9.0%. This growth is due to growing awareness of the health benefits of cherries, rising disposable incomes, urbanization, government policies supporting the cherry industry, and increased consumer demand for fresh, healthy foods.
The cherries market is expected to expand to $95.71 billion by 2029, with a CAGR of 8.6%. This growth is attributed to the rising demand for organic and natural foods, a growing focus on sustainability in the cherry industry, the surge of e-commerce platforms, an increasing interest in functional foods and nutraceuticals, and improvements in cherry cultivation. Prominent trends include the increasing popularity of dried cherries as snacks, the availability of more cherry varieties in supermarkets, the rise of cherry-infused beverages, adoption of sustainable farming practices, and the development of innovative cherry-based skincare products.
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What Are the Emerging Segments Within 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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What Long-Term Drivers Are Shaping Cherries Market Trends?
The growing popularity of plant-based diets is expected to drive the cherries market forward. Plant-based diets, focused on plant-derived foods, are becoming more popular due to health, environmental, and ethical concerns. Cherries are an essential part of such diets, often used in salads, smoothies, and desserts. In April 2023, global retail sales of plant-based meat reached $6.1 billion, reflecting an 8% increase in sales, supporting the growth of the cherries market.
Who Are the Top Competitors in Key Cherries Market Segments?
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
What Trends Are Driving Growth in The Cherries Market?
Leading companies in the cherries market are focusing on advanced production lines to enhance harvesting and improve supply chain management. For example, in April 2024, FirstFruits Farms Inc., a US-based apple packer, grower, and shipper, introduced a state-of-the-art cherry production line in Prescott, Washington. This advanced technology enables full automation, ensuring high-quality fruit delivery to customers. UNITEC's systems will be used to process both Rainier and Dark Sweet cherries, with packaging options like clamshells, pouch bags, and top seal features, boosting production capacity significantly.
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Which Regions Are Becoming Hubs for Cherries Market Innovation?
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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Cherries Market?
2. What is the CAGR expected in the Cherries Market?
3. What Are the Key Innovations Transforming the Cherries Industry?
4. Which Region Is Leading the Cherries Market?
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