The Global Kiwi Fruit Market is projected to grow at a CAGR of 5.8% in the forecast period of 2022-27, cites MarkNtel Advisors in their recent research report. The market is driven by the growing consumer awareness about the benefits of eating healthy fruits like Kiwi due to their high nutritional value to meet the requirements of the body and address health issues. Hence, more and more people are showing a greater inclination toward the consumption of kiwi fruit in different ways and demonstrating an upsurge in demand.
Besides, improving living standards & changing lifestyles, with minimum or no time for food preparations, have shown a shift in consumer preference toward eating fruits like kiwi to meet nutritional needs. It, in turn, is instigating the leading players to introduce new varieties of products for kiwi fruit, like juice concentrates, smoothies, sauces, etc., and offer ready-to-consume products for people, thereby contributing to the overall market growth worldwide., further states the research report, “Global Kiwi Fruit Market Analysis, 2022.”
Growing Food Experimentation to augment the Market Growth in Food & Beverages
Based on the Application, Food & Beverage industry is anticipated to dominate the Global Kiwi Fruit Market with the largest share during the forecast period. It owes principally to the rapid urbanization and growing demand for processed fruits like Kiwi, entwined with the expanding distribution channels, both online & offline, demonstrating greater availability of kiwi fruit & its utilization in diverse food & beverages.
Due to the versatile use & delightful taste of these fruits, several food chains are experimenting with new ways of adding kiwi fruit to their menu. Hence, the demand for kiwi fruit is set to witness an upswing and lead the market toward substantial growth in the coming years across the food & beverages industry.
Massive Consumption & Production of Kiwi fruit in China to Drive the Market across China
Geographically, Asia-Pacific is anticipated to dominate the Global Kiwi Fruit Market with the largest share during the forecast period. It owes principally to the exponentially rising population and substantial consumer demand for kiwi fruit, especially across countries like China, India, New Zealand, & Thailand, among others.
Besides, growing health consciousness & improving affordability among people is also stirring the demand for kiwi fruit & stimulating the overall market growth across Asia-Pacific.
Moreover, China is the largest consumer & producer of Kiwi fruit in the region and is contributing substantially to the market expansion while generating growth opportunities for the leading players to increase their production & distribution capacities to cater to the burgeoning demands.
The leading players in the Global Kiwi fruit Market are BandC Lifestyle BV, Birchwood Packhouse Ltd., Consorzio Dori Europe Srl, DMS Progrowers, Fresh Fruits Co., Kiwi Produce Ltd., Kiwifruit Processing Co. Ltd., Mount Pack and Cool, Punchbowl PackCo, Salix Fruits, Seeka Ltd., Siraf Marine Services.LLC, SPERCHIOS KIWI, The Riverlock Group, Trinity Fruit Co., Zespri International India Pvt. Ltd.
Key Questions Answered in the Research Report