Mango Market Expected to Achieve 7.9% CAGR by 2029: Growth Forecast Insights

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How Large Will the Mango Market Size By 2025?
In the past few years, the mango market has seen significant growth. It's expected to expand from $67.97 billion in 2024 to $72.99 billion in 2025, with a compound annual growth rate (CAGR) of 7.4%. Factors contributing to the growth during the historic period include an uptick in disposable income, a surge in export growth rates, a preference among consumers for mango-infused beverages, expansion in emerging markets and heightened awareness about the advantages of plant-based food products.

How Big Is the Mango Market Size Expected to Grow by 2029?
The expected size of the mango market is set to experience robust expansion over the coming years, with predictions indicating it will reach $98.95 billion by 2029, experiencing a compound annual growth rate (CAGR) of 7.9%. This progress in the predicted timeframe can be linked to heightened awareness of the health benefits, swift expansion of e-commerce, a rising population, and the actions taken by governments. Noteworthy trends projected within this period include capital injection into novel processing technologies aimed at fighting against fungal contamination and decrease of physiological decay; utilizing edible wraps to enhance shelf longevity and protection from bacterial spread; adoption of innovative storage methodologies to maintain fruit quality and shelf duration; and the formulation and introduction of newer and superior product alternatives.

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Which Key Market Drivers Powering Mango Market Expansion and Growth?
The burgeoning expansion of e-commerce bolsters the prosperity of the mango market. E-commerce embodies the digital exchange of money and data for the execution of business transactions online. Virtual stores provide consumers with a broad assortment of groceries, fruits, vegetables, and farm goods. These items must meet high standards for quality control and undergo rigorous testing for shelf life, grade, packaging, and organic properties. For example, in November 2023, the International Trade Administration, a division of the Department of Commerce in the United States, confirmed that as of January 2021, consumer eCommerce accounted for 36.3% of the total retail market in the UK. Additionally, revenue is anticipated to climb to $285.60 billion by 2025. Further, eCommerce revenues in the UK are expected to rise at an average yearly rate of 12.6% by 2025. Consequently, the speedy growth in e-commerce underpins the growth of the mango market.

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Which Fast-Growing Trends Are Poised to Disrupt the Mango Market?
Government-led efforts to underline the crucial nutritional role of feasible food alternatives in public health schemes are fueling the growth of the mango market. Known for their richness in vitamins, minerals, and antioxidants, mangoes are linked to various health benefits such as potential anticancer impacts, enhanced immunity, and better digestive and ocular health. In a significant development in March 2022, the Agricultural and Processed Food Products Export Development Authority (APEDA), a proactive apex-export trade promotional body of the Indian government, aided the shipment of the first batch of fresh mangoes of the season from Mumbai to Japan. A 'Mango Festival' at Tokyo, Japan, has been planned as a segment of 'Azadi ki Amrit Mahotsav' in partnership with the Embassy of India, Japan & Invest India. There, various Lawson supermarket outlets will host a mango exhibition and tasting. APEDA has been prolific in undertaking export promotion actions and initiatives like launching virtual portals for organizing Virtual Trade Fairs, Farmer Connect Portal, e-office, Hortinet Traceability system, Buyer Seller Meets, Reverse Buyer Seller Meets, and product-specific campaigns. APEDA has also been actively cooperating with the state government to build infrastructure and promote exports from the state. Hence, the government's focus on plant-based food products ensures solid support for the mango market's expansion.

What Are the Emerging Segments in the Mango Market?
The mango market covered in this report is segmented -

1) By Type: Whole Fruit, Mango Pulp And Puree, Processed Mango Products
2) By Nature: Conventional, Organic
3) By Packaging Type: Bag, Pouches, Tray, Box, Other Packaging Types
4) By Distribution Channel: Direct, Indirect
5) By End User: Household, Food And Beverages Industry, Food Service Provider, Other End Users

Subsegments:
1) By Whole Fruit: Fresh Mango, Organic Mango, Dried Mango
2) By Mango Pulp And Puree: Canned Mango Pulp, Frozen Mango Puree, Fresh Mango Puree
3) By Processed Mango Products: Mango Juice, Mango Jam And Jellies, Dried Mango Snacks

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Who Are the Global Leaders in the Mango Market?
Major companies operating in the mango market include Fresh Del Monte, Capricorn Food Products India Ltd, Del Monte Foods, Freshmax Group, ABC Fruits,Parle Agro, Food & Inns Ltd., Agrana Group, Keventer Agro Ltd., DÖHLER, Tradelink International, Energetic Overseas, Aavaith international, Arham Agro Exports, Harshad Mango Products Private Limited, J. J Agro Industry, Weifang Alice Food Co Ltd, Shouguang Vegetable and Food Industry Group Co Ltd, Ruiqiu Foods Co Ltd, Xiamen Friendship Bridge Co Ltd, Jiaozuo Hailian Food Co Ltd, Guangzhou Yihe Gardening Co Ltd, Kokkaen Co Ltd, Vietstore, Lyn Kamino, Larry Group of Companies Inc, Raw exports ltd, The Old English Trading Company Ltd, Polish Mango, The Hortex company, Fruitland Company, Armata Imports, RGS group, Diazteca, Aseptic Fruit Purees, Sun Tropical Foods LLC, Caquin Trading Inc, Specialty Fruits, Fundo Los Paltos, Frutecer, Agrodan, Bio fruit Export S. A, Globe natural International S. A, ADM do Brazil Ltd., Carabao mangoes, Ngowe Mango, SSMP Industries Ltd, Rancho De Estraero, Unifrutti Group, GG And Z Impe Group Pty Ltd, Allianz1 Globe Groups, Amimujco Nig Ltd, Golden Links Pyramid Ltd

Which are the Top Profitable Regional Markets for the Mango Industry?
Asia-Pacific was the largest region in the mango market in 2024. The regions covered in the mango market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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