Fruit and Nut Farming Market to Grow with a CAGR of 12.59% through 2029

Consumer preference for healthy food products and rise in per capita income is expected to drive the Global Fruit and Nut Farming Market growth in the forecast period, 2025-2029.

 

According to TechSci Research report, “Fruit and Nut Farming Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Fruit and Nut Farming Market stood at USD 1107.52 billion in 2023 and is anticipated to grow with a CAGR of 12.59% in the forecast period to 2025-2029. This can be attributed to government support for startups. Governments across the globe are recognizing the importance of agriculture and are providing support to new startups in the fruit and nut farming sector. Initiatives such as subsidies, technology assistance, and favorable policies are encouraging entrepreneurs to invest in this market. This support not only fosters innovation but also contributes to the overall expansion and sustainability of the fruit and nut farming industry. Furthermore, fruit and nut farmers are increasingly exploring opportunities in value-added products to meet diverse consumer demands. From fruit juices and jams to nut-based snacks and spreads, diversification into processed and convenience foods adds value to the produce. This trend aligns with changing consumer lifestyles and preferences for on-the-go and healthy snack options.

                                                                                             

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The Global Fruit and Nut Farming Market is segmented into type, farming process, regional distribution, and company. Based on its type, Tree nut farming is poised to dominate the global fruit and nut farming market. The increasing recognition of the nutritional benefits and versatility of tree nuts, such as almonds, walnuts, and pistachios, fuels the demand for these crops globally. Health-conscious consumers are incorporating tree nuts into their diets, driving market growth. Additionally, the growing popularity of plant-based diets and the demand for natural and wholesome snacks further boost the significance of tree nut farming. The trees' perennial nature provides a steady and reliable source of production, contributing to the sector's stability. As a result, tree nut farming stands out as a key driver in the global market, responding to the evolving dietary preferences and lifestyle choices of consumers worldwide.

Based on farming process, Traditional farming methods are likely to dominate the global fruit and nut farming market. The rich agricultural heritage embedded in traditional practices often involves time-tested techniques passed down through generations, fostering sustainable and resilient farming ecosystems. Traditional farming emphasizes local knowledge, manual labor, and organic cultivation practices, aligning with the increasing global demand for natural and environmentally friendly produce. This approach resonates with consumers seeking authenticity, and it addresses concerns related to chemical usage and ecological sustainability. The reliance on traditional methods also promotes biodiversity, contributing to the preservation of heirloom varieties and the overall resilience of agricultural systems. As the market continues to prioritize sustainability and authenticity, traditional farming methods are poised to maintain dominance in the Global Fruit and Nut Farming Market, appealing to both consumer preferences and environmental consciousness.

 

Major companies operating in Global Fruit and Nut Farming Market are:

• Total Produce PLC
• Fresh Del Monte Produce Inc.
• Chiquita Brands International Inc
• Olam International Ltd
• Ocean Spray Cranberries Inc
• Blue Diamond Growers
• Sunkist Growers Inc
• Costa Group Holdings Ltd
• Yuan Longping High-tech Agriculture Co., Ltd.

 

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“The future of the global fruit and nut farming market is brimming with exciting possibilities. From embracing cutting-edge technologies to addressing environmental and consumer concerns, the upcoming trends signify a paradigm shift towards a more sustainable, efficient, and resilient industry. As farmers, researchers, and stakeholders join forces to implement these trends, the global fruit and nut farming market is poised to flourish in the years ahead.,” said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm.

“Fruit and Nut Farming Market- Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Orange Groves, Citrus Groves, Non-citrus Fruit, Tree Nut Farming), By Farming Process (Organic Fruit and Nut Farming, Traditional Farming), By Region, By Competition, 2019-2029F”, has evaluated the future growth potential of Global Fruit and Nut Farming Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Fruit and Nut Farming Market.

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