PUBLISHER: The Business Research Company | PRODUCT CODE: 1503869
PUBLISHER: The Business Research Company | PRODUCT CODE: 1503869
Pears are a type of fruit produced by trees belonging to the genus Pyrus, within the Rosaceae family. They are renowned for their distinctive pear shape, typically featuring a rounded bottom that tapers towards the stem. Pears are commonly consumed fresh, incorporated into salads, used in desserts, or transformed into preserves and jams.
The primary types of pears include Asian pears and European pears. Asian pears are characterized by their crisp and juicy texture, round shape, and firm consistency. They are often enjoyed fresh or added to salads for their sweet flavor and crunchy bite. Pears are categorized based on their nature as conventional or organic, and they are distributed through various channels such as offline and online platforms, catering to both commercial and household applications.
The pears market research report is one of a series of new reports from The Business Research Company that provides pears market statistics, including pears industry global market size, regional shares, competitors with a pears market share, detailed pears market segments, market trends and opportunities, and any further data you may need to thrive in the pears industry. This pears market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The pears market size has grown strongly in recent years. It will grow from $30.92 billion in 2023 to $32.35 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The expansion observed during the historical period can be attributed to several factors, including consumer demand for healthy snacks and natural foods, the traditional culinary uses of pears in various cuisines, the availability of different pear varieties catering to diverse tastes, the growth of the global food and beverage industry, and the cultural significance of pears in certain regions.
The pears market size is expected to see strong growth in the next few years. It will grow to $41.47 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The anticipated growth in the forecast period can be attributed to several factors, including increasing consumer awareness of the health benefits of pears, the adoption of sustainable farming practices in pear cultivation, the impact of climate change on pear growing regions and production, government initiatives promoting fruit consumption for public health, and rising demand for organic and locally sourced produce. Major trends expected in this period include the expansion of pear product offerings, such as pear-based beverages and snacks, a heightened focus on pear varieties with unique flavors and textures, the adoption of technology for precision farming in pear orchards, the incorporation of pears into plant-based and vegan diets, and collaboration between pear producers and chefs to promote innovative pear dishes.
The upward trend in consumer health awareness is expected to propel the pear market in the future. Consumer health awareness involves individuals' consciousness and consideration of their health, leading them to make informed decisions about their lifestyle, dietary choices, and consumption patterns. This increase in health awareness is driven by improved access to health information, growing apprehensions about chronic illnesses, and a quest for overall well-being. Pears, being nutrient-rich fruits with abundant fiber content, essential vitamins, and minerals, hold significant value in health-conscious diets. Their fiber content supports digestive health and aids in weight management by promoting feelings of fullness. For example, a survey conducted among 1,005 Americans by the International Food Information Council (IFIC) in May 2022 revealed that approximately 52% of Americans followed a specific diet or eating pattern in 2022, representing a notable increase from the previous year's 39% in 2021. Moreover, the surge was predominantly observed among individuals under the age of 50, with popular diets including clean eating (16%), mindful eating (14%), calorie counting (13%), and plant-based diets (12%). Hence, the surge in consumer health consciousness is stimulating growth in the pear market.
Key players in the pear market are intensifying their efforts to develop innovative solutions, such as fruit size distribution software tailored for pears, to leverage their benefits and enhance competitiveness. Fruit size distribution software is a computerized program designed to analyze and display the size distribution of pears, aiding in quality assessment and production management. For instance, in December 2022, Hectre, a New Zealand-based agricultural technology company, introduced Spectre Mobile Fruit Sizing for Pears. This platform utilizes machine learning algorithms and real-time data delivery to enhance accuracy and decision-making. Its technological advancements eliminate manual methods, enable early color grading, and enhance efficiency and profitability in the pear market.
In July 2022, Mount Adams Fruit, a US-based company specializing in pear, cherry, and apple products, acquired the Oregon pear assets from Stadelman Fruit Company LLC for an undisclosed sum. This acquisition bolsters Mount Adams Fruit's position in the pear market by expanding its operations, improving efficiency through automation, enhancing traceability and quality control, and represents a broader trend of consolidation and technological advancement within the industry. Stadelman Fruit Company LLC is a US-based producer of apples, pears, and cherries, providing packing facilities.
Major companies operating in the pears market are Dole plc, FirstFruits Farms, Giumarra Companies, Stemilt Growers LLC, Fresh Fruits Company, Washington Fruit Growers, Monson Fruit Co., Pacific Coast Fruit Company, Chelan Fresh, The Fruit Company, Oppy, Columbia Fruit Packers Inc., Domex Superfresh Growers, Rainier Fruit Company, Westfalia Fruit (Pty) Ltd, Starr Ranch Growers, Diamond Fruit Growers, Honeybear Brands, Underwood Fruit and Warehouse Company, Gilbert Orchards, Orchard View Farms, Sage Fruit Company, CMI Orchards, Golden Bay Fruit, William H. Kopke Jr. Inc., Duckwall Fruit, Pear Bureau Northwest, HMC Farms, Orchard Fruit Co., Salix Fruits, Devos Group
Asia-Pacific was the largest region in the pears market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the pears market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the pears market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The pears market consists of sales of fresh pears, processed pears, frozen pears, organic and specialty pears. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Pears Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on pears market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for pears ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The pears market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.