Latest News:- Pear Market: Asian pears is expected to lead the Product segment during 2024-2028

Pear Market to grow at a CAGR of 5% during 2024-2028

The Pear Market is expected to grow at a CAGR of 5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 8476.1 million. In the food and beverage sector, there is a surging demand for organic fruits, including pears. These fruits are highly sought-after due to their natural production methods, which exclude synthetic fertilizers, persistent pesticides, artificial ingredients, and genetic engineering. Organic farming practices prioritize the use of approved pesticides and nutrient-replacement agents, as outlined by the USDA organic requirements. This approach to agriculture not only retains soil health but also contributes to environmental preservation, making it a superior alternative to chemical-based farming methods. Organic pears follow the natural seasonal cycle and are only harvested when fully ripe, ensuring optimal taste and nutritional value. 

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The Asian pears subsegment is expected to dominate the Product segment during the forecast period 

Technavio analysts predict that the Asian pears subsegment will lead the Product segment during 2024 and 2028 Asian pears, originating primarily from China and Japan, exhibit diverse sizes, shapes, and colorations. Three distinct categories can be identified based on these characteristics. The first two varieties are indigenous to Japan: one boasts a round-to-ovate form with a ruffled, gold-to-bronze hue, while the other boasts a round-to-oval shape that ripens from green to yellow. The third type, believed to be native to China, showcases an oblong, pyriform shape and green skin adorned with brown russet patches. All Asian pears display textured, semi-rough skin with prominent lenticels.

Here are the various ways based on which the market is segmented: 

• Product
  • Asian pears
  • European pears
• Distribution Channel
  • Offline
  • Online
• Geography
  • APAC
  • Europe
  • North America
  • Middle East and Africa
  • South America

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• Wealth of Experience: Technavio is an established name in the world of market research. It holds an expertise of more than 20 years in the field, has published 21,000+ reports thereby extensively covering the area in various industries and range of regions
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There are several factors that are causing the market to flourish increasing online presence of vendors

Learn which are the obstacles that the market is experiencing in the way of its growth by accessing the free PDF report

Research Analysis Overview

The Pear Market in Oregon's Hood River Valley is renowned for its high-quality packhouse facilities, which ensure the proper handling and long-term storage of organic fruits. Merchants source their pears from a harvested area spanning over 12,000 acres, utilizing GPS technology for efficient tracking. Global pear production stands at approximately 22 million metric tons annually, with the US ranking among the top producers. Labor-intensive processes, such as handpicking and sorting, are crucial in maintaining the health of the fruits. Consumption analysis reveals that health food stores and consumers prioritize health consciousness, leading to increased demand for organic, fat-free, cholesterol-free, and fiber-rich pears. Food safety issues are addressed through rigorous inspections and adherence to regulations. Flavonoids and boron, essential nutrients found in pears, have been linked to benefits against chronic diseases, inflammation, and drought resistance. FAOSTAT reports that pear consumption has been on the rise due to their health benefits and versatility. Pears are available in various forms, including bulk bins and boxes, catering to diverse consumer preferences. With the focus on health and sustainability, the Pear Market in Oregon continues to thrive, contributing significantly to agriculture exports.

Market Research Overview

The global packaged foods and meats market encompasses vendors engaged in food processing to ensure microbial elimination and shelf life extension. Technavio's market analysis calculates the market size based on the consolidated revenue of participating vendors. This market segment excludes food processing equipment manufacturers and packaged beverage producers, including alcoholic and non-alcoholic beverages. Key growth drivers for the global packaged foods and meats market include the health benefits associated with consuming minimally processed foods, such as vegetables, which are rich sources of essential nutrients like potassium, dietary fiber, folate (folic acid), vitamin A, and vitamin C.

The Pear Market is experiencing significant growth, fueled by the increasing online presence of vendors. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
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