Latest News- Fruits Market in Mexico: Non-organic is expected to lead the Application segment during 2024-2028
The Fruits Market in Mexico is being driven by Government initiatives to increase agricultural production
The Fruits Market in Mexico is expected to grow at a CAGR of 4.1% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 1918.3 million. In the agricultural sector, particularly in the Fruits Market in Mexico, there has been a significant surge in demand for smart agriculture practices. Precision farming, an essential component of smart agriculture, is projected to yield substantial returns by optimally utilizing agricultural resources. This approach ensures the precise application of irrigation water, liquid fertilizers, nutrients, herbicides, and pesticides, thereby reducing resource wastage. Modern technologies, including mapping software, variable rate technology (VRT), yield mapping software, and data management software, are instrumental in enhancing land fertility, promoting sustainable agriculture, maximizing productivity, and minimizing agricultural expenses. The implementation of these advanced tools not only streamlines business processes through automation but also boosts output by cutting down agricultural costs, making them indispensable for farmers in the Fruits Market in Mexico.
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Which Factors Are Causing a Surge in Market Growth?
The market is segmented based on Application (Non-organic, Organic) Distribution Channel (Offline, Online) Geography (North America).
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
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Key Features in Fruits Market in Mexico Research Report
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The Fresh Fruits Market in Mexico offers a wide array of convenient and healthy options, including fresh produce like bananas, watermelon, apples, grapes, oranges, mangoes, and more. Innovative packaging techniques, such as modified atmosphere packaging and edible coatings, ensure the fruits' freshness and extend their shelf life. With increasing health consciousness, consumers seek out organic label products and value-added items like pre-cut fruits and packaged fruits. Online shopping and e-commerce platforms make it easier to access these healthy options, even as demand grows for locally sourced and exotic fruit varieties rich in antioxidants and nutritional value. Obesity and unhealthy diets remain concerns, but the market continues to adapt with new, healthy food offerings and convenient, nutritious snack options.
The packaged fruits market in Mexico falls under the broader category of the global packaged foods and meats industry. This sector encompasses vendors engaged in food processing to ensure food safety and extend product shelf life. According to Technavio, the market size is determined by the consolidated revenue of participating companies. It's important to note that this market excludes equipment manufacturers and producers of packaged beverages, including alcoholic and non-alcoholic varieties. Key growth drivers for the global packaged foods and meats market include the health benefits associated with consuming minimally processed foods, such as bananas, watermelon, apples, and grapes, which provide essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
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