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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1303572
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1303572
Global Cherry Market Size study & Forecast, by Type by Nature, by Application, by Distribution Channel and Regional Analysis, 2023-2030
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Global Cherry Market is valued approximately at USD 60.6 billion in 2022 and is anticipated to grow with a compounded annual growth rate of more than 8.5% over the forecast period 2023-2030. the market growth is driven by key factors such as increasing global demand and growing awareness of health benefits of cherry. According to Statista in 2023, the global cherry production accounts to approximately 2.63 million metric tons in 2020 and 2.73 million metric tons in 2021 respectively. According to Agricultural Marketing Resource Centre (AGMRC) in 2021, fresh sweet cherry production in the United States were recorded to be 305,720 tons with a total value of USD 820.1 million. Washington state was the leading producer of sweet cherries in the country, yielding 443,640 tons, followed by California with 317,736 tons, and Oregon with 58,765 tons. According to Statista in 2022, With a production of approximately 874 thousand metric tons, Turkey emerged as the largest global producer of cherries. Following closely, the European Union ranked as the second-leading producer, generating nearly 670 thousand metric tons. However, limited shelf-life and production challenges such as poor weather condition may hamper the growth of the Global Cherry Market. Moreover, emerging distribution channel and utilization of cherry in various products such as bakery products, cosmetics and many more expected to be the growth drivers for this market.
The key regions considered for the Global Cherry Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The market in the Asia Pacific region holds a dominant position due to the widespread and growing utilization of cherry and its various products, including cosmetics, bakery items, and more. Additionally, the region's rapidly expanding population further drives the demand for cherry and its related products, leading to continuous growth in the market. North America anticipated to be the fastest growing region because of the rising demand of fresh cherries and increasing awareness of health benefits in the region.
Major market player included in this report are:
- Diva Agro Ltd.
- SICA SAS SICODIS
- CherryHill Orchards
- Leelanau Fruit Company
- Hood River Cherry Co.
- Smelterz Orchards Co.
- The Global Green Co. Ltd.
- Rainier Fruit Co.
- Northstar Organics
- ALCAM TARIM
Recent Developments in the Market:
- In December 2022, Rainier Fruit achieved a significant milestone by obtaining EFI Certification, marking a major accomplishment for the company. Equitable Food Initiative (EFI) certification stands out as a particularly noteworthy achievement for Rainier Fruit.
- In October 2021, the United States Department of Agriculture (USDA) released a report stating that imports of Chilean cherries to the United States for the 2020-21 season reached approximately 6,800 metric tons. Although China has traditionally been the primary destination for Chilean cherries, efforts are underway in the industry to explore and develop other markets, including the United States.
Global Cherry Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Nature, Application, Distribution Channel, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.
By Type:
- Sour Cherry
- Sweet Cherry
By Nature:
- Organic
- Conventional
By Application:
- Direct Consumption
- Bakery
- Tarts
- Jams
- Jellies
- Ice Cream
- Salads
- Dairy Beverages
- Alcoholic Beverages
- Other
By Distribution Channel
- Modern trade
- Traditional Grocery Stores
- Convenience Stores
- Online Channels
- Other Retail Formats
- Direct Sales
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Cherry Market, by region, 2020-2030 (USD Billion)
- 1.2.2. Cherry Market, by Type, 2020-2030 (USD Billion)
- 1.2.3. Cherry Market, by Nature, 2020-2030 (USD Billion)
- 1.2.4. Cherry Market, by Application, 2020-2030 (USD Billion)
- 1.2.5. Cherry Market, by Distribution Channel, 2020-2030 (USD Billion)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Cherry Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Cherry Market Dynamics
- 3.1. Cherry Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing Global Demand
- 3.1.1.2. Growing Awareness of Health Benefits of Cherry
- 3.1.2. Market Challenges
- 3.1.2.1. Limited Shelf-Life
- 3.1.2.2. Production Challenges
- 3.1.3. Market Opportunities
- 3.1.3.1. Emerging Distribution Channel
- 3.1.3.2. Utilization of Cherry in Various Products
- 3.1.1. Market Drivers
Chapter 4. Global Cherry Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Cherry Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Cherry Market by Type, Performance - Potential Analysis
- 5.3. Global Cherry Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
- 5.4. Cherry Market, Sub Segment Analysis
- 5.4.1. Sour Cherry
- 5.4.2. Sweet Cherry
Chapter 6. Global Cherry Market, by Nature
- 6.5. Market Snapshot
- 6.6. Global Cherry Market by Nature, Performance - Potential Analysis
- 6.7. Global Cherry Market Estimates & Forecasts by Nature 2020-2030 (USD Billion)
- 6.8. Cherry Market, Sub Segment Analysis
- 6.8.1. Organic
- 6.8.2. Conventional
Chapter 7. Global Cherry Market, by Application
- 7.1. Market Snapshot
- 7.2. Global Cherry Market by Application, Performance - Potential Analysis
- 7.3. Global Cherry Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
- 7.4. Cherry Market, Sub Segment Analysis
- 7.4.1. Direct Consumption
- 7.4.2. Bakery
- 7.4.3. Tarts
- 7.4.4. Jams
- 7.4.5. Jellies
- 7.4.6. Ice Cream
- 7.4.7. Salads
- 7.4.8. Dairy Beverages
- 7.4.9. Alcoholic Beverages
- 7.4.10. Other
Chapter 8. Global Cherry Market, by Distribution Channel
- 8.5. Market Snapshot
- 8.6. Global Cherry Market by Distribution Channel, Performance - Potential Analysis
- 8.7. Global Cherry Market Estimates & Forecasts by Distribution Channel 2020-2030 (USD Billion)
- 8.8. Cherry Market, Sub Segment Analysis
- 8.8.1. Modern trade
- 8.8.2. Traditional Grocery Stores
- 8.8.3. Convenience Stores
- 8.8.4. Online Channels
- 8.8.5. Other Retail Formats
- 8.8.6. Direct Sales
Chapter 9. Global Cherry Market, Regional Analysis
- 9.1. Top Leading Countries
- 9.2. Top Emerging Countries
- 9.3. Cherry Market, Regional Market Snapshot
- 9.4. North America Cherry Market
- 9.4.1. U.S. Cherry Market
- 9.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 9.4.1.2. Nature breakdown estimates & forecasts, 2020-2030
- 9.4.1.3. Application breakdown estimates & forecasts, 2020-2030
- 9.4.1.4. Distribution Channel breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Cherry Market
- 9.4.1. U.S. Cherry Market
- 9.5. Europe Cherry Market Snapshot
- 9.5.1. U.K. Cherry Market
- 9.5.2. Germany Cherry Market
- 9.5.3. France Cherry Market
- 9.5.4. Spain Cherry Market
- 9.5.5. Italy Cherry Market
- 9.5.6. Rest of Europe Cherry Market
- 9.6. Asia-Pacific Cherry Market Snapshot
- 9.6.1. China Cherry Market
- 9.6.2. India Cherry Market
- 9.6.3. Japan Cherry Market
- 9.6.4. Australia Cherry Market
- 9.6.5. South Korea Cherry Market
- 9.6.6. Rest of Asia Pacific Cherry Market
- 9.7. Latin America Cherry Market Snapshot
- 9.7.1. Brazil Cherry Market
- 9.7.2. Mexico Cherry Market
- 9.8. Middle East & Africa Cherry Market
- 9.8.1. Saudi Arabia Cherry Market
- 9.8.2. South Africa Cherry Market
- 9.8.3. Rest of Middle East & Africa Cherry Market
Chapter 10. Competitive Intelligence
- 10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
- 10.2. Top Market Strategies
- 10.3. Company Profiles
- 10.3.1. Diva Agro Ltd.
- 10.3.1.1. Key Information
- 10.3.1.2. Overview
- 10.3.1.3. Financial (Subject to Data Availability)
- 10.3.1.4. Product Summary
- 10.3.1.5. Recent Developments
- 10.3.2. SICA SAS SICODIS
- 10.3.3. CherryHill Orchards
- 10.3.4. Leelanau Fruit Company
- 10.3.5. Hood River Cherry Co.
- 10.3.6. Smelterz Orchards Co.
- 10.3.7. The Global Green Co. Ltd.
- 10.3.8. Rainier Fruit Co.
- 10.3.9. Northstar Organics
- 10.3.10. ALCAM TARIM
- 10.3.1. Diva Agro Ltd.
Chapter 11. Research Process
- 11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
- 11.2. Research Attributes
- 11.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Cherry Market, report scope
- TABLE 2. Global Cherry Market estimates & forecasts by Region 2020-2030 (USD Billion)
- TABLE 3. Global Cherry Market estimates & forecasts by Type 2020-2030 (USD Billion)
- TABLE 4. Global Cherry Market estimates & forecasts by Nature 2020-2030 (USD Billion)
- TABLE 5. Global Cherry Market estimates & forecasts by Application 2020-2030 (USD Billion)
- TABLE 6. Global Cherry Market estimates & forecasts by Distribution Channel 2020-2030 (USD Billion)
- TABLE 7. Global Cherry Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 8. Global Cherry Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 9. Global Cherry Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 10. Global Cherry Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 11. Global Cherry Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 12. Global Cherry Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 13. Global Cherry Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 14. Global Cherry Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 15. Global Cherry Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 16. Global Cherry Market by region, estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 17. U.S. Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 18. U.S. Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 19. U.S. Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 20. Canada Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 21. Canada Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 22. Canada Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 23. UK Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 24. UK Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 25. UK Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 26. Germany Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 27. Germany Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 28. Germany Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 29. France Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 30. France Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 31. France Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 32. Italy Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 33. Italy Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 34. Italy Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 35. Spain Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 36. Spain Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 37. Spain Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 38. RoE Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 39. RoE Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 40. RoE Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 41. China Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 42. China Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 43. China Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 44. India Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 45. India Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 46. India Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 47. Japan Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 48. Japan Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 49. Japan Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 50. South Korea Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 51. South Korea Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 52. South Korea Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 53. Australia Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 54. Australia Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 55. Australia Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 56. RoAPAC Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 57. RoAPAC Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 58. RoAPAC Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 59. Brazil Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 60. Brazil Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 61. Brazil Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 62. Mexico Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 63. Mexico Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 64. Mexico Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 65. RoLA Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 66. RoLA Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 67. RoLA Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 68. Saudi Arabia Cherry Market estimates & forecasts, 2020-2030 (USD Billion)
- TABLE 69. South Africa Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 70. RoMEA Cherry Market estimates & forecasts by segment 2020-2030 (USD Billion)
- TABLE 71. List of secondary sources, used in the study of global Cherry Market
- TABLE 72. List of primary sources, used in the study of global Cherry Market
- TABLE 73. Years considered for the study
- TABLE 74. Exchange rates considered
List of tables and figures are dummy in nature, final lists may vary in the final deliverable.
LIST OF FIGURES
- FIG 1. Global Cherry Market, research methodology
- FIG 2. Global Cherry Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Cherry Market, key trends 2022
- FIG 5. Global Cherry Market, growth prospects 2023-2030
- FIG 6. Global Cherry Market, porters 5 force model
- FIG 7. Global Cherry Market, pest analysis
- FIG 8. Global Cherry Market, value chain analysis
- FIG 9. Global Cherry Market by segment, 2020 & 2030 (USD Billion)
- FIG 10. Global Cherry Market by segment, 2020 & 2030 (USD Billion)
- FIG 11. Global Cherry Market by segment, 2020 & 2030 (USD Billion)
- FIG 12. Global Cherry Market by segment, 2020 & 2030 (USD Billion)
- FIG 13. Global Cherry Market by segment, 2020 & 2030 (USD Billion)
- FIG 14. Global Cherry Market, regional snapshot 2020 & 2030
- FIG 15. North America Cherry Market 2020 & 2030 (USD Billion)
- FIG 16. Europe Cherry Market 2020 & 2030 (USD Billion)
- FIG 17. Asia pacific Cherry Market 2020 & 2030 (USD Billion)
- FIG 18. Latin America Cherry Market 2020 & 2030 (USD Billion)
- FIG 19. Middle East & Africa Cherry Market 2020 & 2030 (USD Billion)
List of tables and figures are dummy in nature, final lists may vary in the final deliverable.
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