Fresh Cherries Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Vitin Fruits, Alacam Tarim, BEL'EXPORT NV, Rainier Fruit Co.

Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Fresh Cherries Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 3.3% during the review period (2022 to 2027).

Fresh Cherries Market Overview

Fresh cherries are vitamin-rich fruits that can be used for a variety of purposes in the diet. It has grown in popularity over the years as a result of its wide range of applications. This fruit is grown by a large number of people. In the long run, however, this industry appears to be optimistic, as the growing sharing of eating habits and products around the globe will raise demand for this fruit. Cherries are primarily consumed fresh, but they are also used in cakes and bakeries, sweets and snacks, jams and juice, alcoholic beverages, and so on. As per the data of world trade, fresh cherries were estimated at US$ 3.74 billion in 2019 as the highest traded product.Fresh cherries are small, rounded, usually red and black with a sugary or sour (sour) taste. Cherry varieties include black cherry, Spanish cherry, and tart cherry. Cherries are well known for their antioxidant properties, as they are rich in vitamins and minerals, fiber, potassium, calcium, and folate. Additionally, sweet cherries contain more vitamin C, fiber, carotenoids, and anthocyanins, which can help decrease your risk of cancer. Regular consumption of sour cherries can help increase melatonin levels and improve sleep.Fresh cherries are frequently used as an element in skincare and cosmetics. Cherries contain anti-inflammatory qualities that are beneficial to the skin. They are also a good source of beta carotene, which is increasing the demand for fresh cherries. In light of this, the market is projected to benefit from the expansion of the personal and cosmetics business.

Industry News:

Seneca Foods Corp.

acquired Gray & Company, a Hart, Michigan-based supplier of maraschino cherries and one of the largest suppliers of ice cream or candied fruit products. The Company's products are sold as private label and branded items in the retail, club, restaurant and industrial markets. The financial terms of the transaction were not disclosed.

Oregon Cherry Growers Inc.

acquired the cherry business of Oregon-based Bell Foods International Inc. The Salem-based cherry processor, famous for its locally grown maraschino cherries, acquired Bell Foods' cherry business on February 26 as part of its growth strategy, according to a statement. Bell Foods founder and President Craig Bell will join Oregon Cherry Growers as an advisor, and his company will continue to produce and process products other than cherries.

Who are the Major Players in Fresh Cherries Market?

The global Fresh Cherries Market includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Leelanau Fruit Co., Rainier Fruit Co., Dell's Marachino Cherries, Vitin Fruits, Alacam Tarim, Hood River Cherry Co., BEL'EXPORT NV, The Global Green Co. Ltd., Smelterz Orchard Co. and others

What are the major Applications, Types and Regions for Fresh Cherries Market?

Fresh Cherries Market is segmented based on the Type, Applications and Regions.

By Type, it is segmented into

• Sweet


• Sour


• Retail Stores


• Hypermarket


• Online


• Others

By Applications, it is segmented into

• Direct Consumption


• Cakes & Bakery


• Candy & Snacks


• Jams & Juice


• Alcoholic Beverages


• Others

Segmentation by distribution channel:

• Modern Trade


• Traditional Grocery Stores


• Convenience Stores


• Online Channels


• Direct Sales


• Other Retail Formats

Fresh Cherries Market Regional Analysis

The Asia Pacific fresh cherries market is anticipated to major share in the global market in the next 10 years. Rapid development and growing demand of fresh cherries in bakery products in developing countries such as China and India. China is the largest country for the manufacturing of fruit products, due to the technological advancements in agriculture and increasing consumption of healthy beverage products in the region. Furthermore, rapid urbanization and changing preferences of food and beverages among consumers are factors expected to drive the growth of the Asia Pacific market.

The market in North America is anticipated to register profitable growth in the global market, owing to the high demand for fresh cherries fruits in countries such as US and Canada in this region. The market in Europe is anticipated to register a moderate growth rate, owing to rising awareness about health benefits of various fresh fruits and vegetables among individuals in countries in this region.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Fresh Cherries Market report scope?

Scope of the Report covers Fresh Cherries Market with detailed analysis of the overall scenario for the market. It also highlights the business participants environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Fresh Cherries Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.

Key Takeaways from this Fresh Cherries Report

• Evaluate Fresh Cherries market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.


• Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Fresh Cherries market entropy - M&A's, deals, partnerships, product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

FAQ -

What is the study period of this market?

The Fresh Cherries Market is studied from 2017 - 2027.

 What is the growth rate of Fresh Cherries Market?

The Fresh Cherries Market is growing at a CAGR of 3.3% over the next 5 years.

What regions does this Fresh Cherries Market report covers?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.