Global Fresh cherries Market Size, Trends and Growth opportunity, By taste(sweet, sour), By
application (bakery, jams, jellies, ice cream, dairy beverages, salads, direct consumption and
alcoholic beverages),By distribution channel (modern trade, traditional grocery stores, convenience
stores, online channels, direct sales and other retail formats),By region and forecast till 2027.
Global Fresh Cherries Market
The global fresh cherries market was valued at US$49.9 billion in 2021 and it is expected to reach at
US$103.3 billion in 2027 at a CAGR of 10.8% during forecast period 2022-2027.
Fresh cherries are small, spherical, typically red or black, and have a sweet or sour taste (sour). Black
stone, Spanish, and morello cherries are among the cherry varieties. Since cherries are a rich source
of vitamins, minerals, fibre, potassium, calcium, and folic acid, they are well known for their
antioxidant capabilities. Sweet cherries also have higher levels of vitamin C, fibre, carotenoids, and
anthocyanins, all of which may help lower the risk of cancer. Regular sour cherry consumption may
assist to elevate melatonin levels and enhance sleep.
Market Drivers
The global market for fresh cherries is experiencing revenue growth due to the rising adoption of a
healthy lifestyle by people all over the world. The preservation industry is struggling as a result of
people switching to fresh fruits for the same reason. Due to rising customer awareness of their
health, the sector is booming. Increased income levels among the populace also contribute to the
growth of this category.
Market Restraints
The potential for rotting and pitting, which reduces cherry quality, has restricted the growth of the
global fresh cherry market. Alterations in the weather may also prevent cherries from being
produced, delaying the process of availability. The supply of cherries may also be delayed due to
issues with transportation, which could impede market expansion.
Market Segmentation
The global fresh cherries market segmented on the basis of taste, application and distribution
channel. On the basis of taste it segmented into sweet, sour. On the basis of application it
segmented into bakery, jams, jellies, ice cream, dairy beverages, salads, direct consumption and
alcoholic beverages. On the basis of distribution channel it segmented into modern trade, traditional
grocery stores, convenience stores, online channels, direct sales and other retail formats.
Regional Analysis
The global fresh cherries market segmented into five regions North America, Europe, Latin America,
Asia Pacific, Middle East and Africa. The Asia Pacific fresh cherry market is anticipated to hold a
significant portion of the global industry. Increasing urbanization and demand for fresh cherries in
bakery goods in developing nations like China and India. The Asia Pacific market is anticipated to
grow as a result of factors including quick urbanization and shifting consumer food and beverage
preferences. Due to the substantial demand for fresh cherries in nations like the US and Canada in
this region, the market in North America is anticipated to grow substantially on the worldwide
market.
Key Players
Various key players are listed in this report such as Diva Agro Ltd, Sica Sas Sicodis, Northstar
Organics, Leelanau Fruit Co., Perfecta Produce, Rainier Fruit Co., CherryHill Orchards, Dell's
Marachino Cherries, Alara Agri and Vitin Fruits.
Market Taxonomy
By Taste
Sweet
Sour
By Application
Bakery
Jams
Jellies
Ice Cream
Dairy Beverages
Salads
Direct Consumption
Alcoholic Beverages
By Distribution Channel
Modern Trade
Traditional Grocery Stores
Convenience Stores
Online Channels
Direct Sales
Other Retail Formats
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Key Question Addressed by the Report
What are the Key Opportunities in Global Fresh Cherries Market?
What will be the growth rate from 2022 to 2027.
Which segment/region will have highest growth?
What are the factors that will impact/drive the Market?
What is the role of key players in the value chain?
What is the competitive Landscape in the industry?
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