Global Fresh Cherries Market Continued to Grow Steadily Driven By Its Health Benefits & Rising Venture of New Companies till 2022

Consumers across the world are preferring fresh fruits and vegetables, which is also reflecting on the demand for fruits that are full of nutrition. In the present time Sweet or sour, cherries are bursting with nutrition. Also, cherries health benefits have been in the limelight for a few years now, and there are good reasons for it. Due to the increasing consumption of fresh cherries in emerging economies, the global fresh cherries market has been witnessing a steady rise. To elaborate further on this rapidly growing market, a study titled “Fresh Cherries Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017-2022” has been freshly broadcasted to the vast repository of Market Research Hub (MRH). This 170-page report provides readers with a complete analysis of the global market through the detailed assessment of the segmentation of the fresh cherries market and the market’s competitive dynamics by profiling leading market players.

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Not only is this fruit a great addition to almost any recipes it offers a number of natural health benefits including its ability to fight gout and arthritis pain. This is also a prime reason for the global demand for cherries. Apart from that, surge in buyers’ purchasing influence and the increasing export demand for fresh cherries are likely to boost this market in the years to come.

In the market overview section, an in-depth qualitative assessment of factors that are responsible for driving and limiting the growth of this market and for its future opportunities has been presented. For a better understanding of the global market for fresh cherries, the analysts have broadcasted the market into MEA, North America, Latin America, Japan, APEJ and Europe. According to the study evaluations, with the advent of China as a prominent consumer of fresh cherries, Asia Pacific is expected to hold on to a dominating position in the global fresh cherries market in the coming years by exhibiting a 5.90% CAGR from 2017 to 2022. In addition, the global fresh cherries market is exhibiting a steady 5.50% CAGR and expected to rise to US$3.99 bn by 2022, which was valued at US$5.22 bn in 2017.

Further, the global market for fresh cherries is broadly assessed on the basis of the taste, sales channel, application, and the regional reach of the market. Based on the taste, the market is categorized into sugary and sour. The demand for sweet cherries is much higher demand than the sour ones, owing to which, the sweet cherries segment is estimated to hold more than 60% of the overall market by 2017. Correspondingly, dairy beverages, ice creams, jellies, direct consumption, salads and alcoholic beverages have appeared as the key application areas for fresh cherries across the world. Among these, the consumption of cherries is more into tarts, bakery, jams, and jellies compared to other application areas.

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Additionally, the vendor landscape section is also provided which throws light on the chief players dominant in this market. The leading companies reviewed in this research report are Rainier Fruit Co., Dell's Marachino Cherries, Hood River Cherry Co., Vitin Fruits, Alacam Tarim, Leelanau Fruit Co., The Global Green Co. Ltd., Smelterz Orchard Co., and BEL'EXPORT NV.

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