The Stone Fruit Market is being driven by Rising production and consumption of peaches and nectarines in Europe
The Stone Fruit Market is expected to grow at a CAGR of 4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 20021.9 million. The global stone fruit market is propelled by the rising consumer awareness and demand for the numerous health advantages linked to the consumption of stone fruits, particularly berries. Berries are renowned for their rich antioxidant content, which plays a crucial role in neutralizing free radicals, unstable molecules generated during metabolic processes. This antioxidant property is highly sought-after in the food and beverage industry, driving significant demand for berries in energy drinks, bars, and powders. Moreover, the personal care sector also capitalizes on the antioxidant benefits of berries, further expanding their market reach.
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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 |
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Report Coverage |
Details |
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Page number |
204 |
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Base year |
2024 |
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Historic period |
2019-2023 |
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Forecast period |
2025-2029 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4% |
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Market growth 2025-2029 |
USD 20021.9 million |
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Market structure |
market_structure.ucfirst |
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YoY growth 2024-2025(%) |
3.6 |
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Key countries |
China, US, Spain, Italy, India, France, South Korea, Germany, Brazil, and Canada |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Stone fruits, including Apricots, Cherries, Nectarines, Peaches, and Mangoes, are in season, offering a Fresh Look to markets. Rich in Antioxidants, they support Chronic Conditions management, boost Bones health, enhance Digestive health, and strengthen the Immune system. Raspberries are also stone fruits, contributing to these benefits. Export demand for these nutritious fruits continues to grow.
The stone fruit market, comprising apricots, cherries, nectarines, and peaches, experiences significant growth during the summer peak season. This sector falls under the broader category of the packaged foods and meats market, which encompasses food processing vendors that ensure food safety and prolong product shelf life. According to Technavio, the global packaged foods and meats market size is determined by the consolidated revenue of the participating vendors. Exclusions from this market include manufacturers of food processing equipment and packaged alcoholic and non-alcoholic beverages. The market's expansion will be fueled by the health benefits linked to the consumption of minimally processed foods, such as stone fruits, which are rich in 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.
Technavio Research
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