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, such as mapping software, variable rate technology (VRT), yield mapping software, and data management software, play a pivotal role in enhancing land fertility, promoting sustainable agriculture, maximizing productivity, and minimizing agricultural expenses. By automating processes and cutting down on agricultural costs, smart agricultural tools contribute to increased business efficiency.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
129 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.1% |
Market growth 2024-2028 |
USD 1918.3 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
3.9 |
Key countries |
Mexico and North America |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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In Mexico's Fruit Market, ripening agents are used to ensure optimal fruit maturity. Fungicides are applied to prevent fungal diseases, while temperature monitoring and sensory evaluation ensure fruit quality. Modified atmosphere packaging, integrated pest management, and drip irrigation systems enhance production efficiency. Nutrient management, soil testing methods, and agrochemical regulation ensure sustainable farming practices. Crop yield forecasting, harvest mechanization, and logistics optimization increase productivity. Blockchain technology, quality control measures, and fruit juice processing add value to the supply chain. Byproduct utilization, water conservation methods, renewable energy sources, and environmental impact assessments promote sustainability. Remote sensing imagery, farm management software, market intelligence data, consumer behavior insights, food waste reduction, and sustainable packaging materials contribute to overall market growth.
In the Mexican fruits market, advanced fruit ripening techniques and postharvest disease control methods are crucial for maintaining optimal fruit quality and extending shelf life. Effective cold chain logistics ensure the preservation of temperature-sensitive fruits during transportation and storage. Fruit quality assessment is a critical aspect of the value chain, utilizing advanced technologies for measuring ripeness, sugar content, and texture. Packaging optimization plays a pivotal role in protecting fruits from environmental factors and preserving their freshness. The global packaged fruits market is a significant segment of the packaged foods industry, with growth driven by factors such as health benefits associated with consumption, demand for extended shelf life, and advancements in technology for ripening and disease control.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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