Global Fresh Apricots Market Size By Type (Yellow Apricot, Orange Apricot), By Application (SuperMarket Sizes/HyperMarket Sizes, Convenience Stores), By Region, And Segment Forecasts, 2023 to 2032

Report Id: 10610 | Published Date: Feb 2023 | No. of Pages: | Base Year for Estimate: Feb 2023 | Format:


The Global Fresh Apricots Market was valued at USD 3.5 billion in 2023 and is projected to surpass USD 5.8 billion by 2031, registering a CAGR of 6.7% during the forecast period (2023–2031). The rising global demand for healthy and organic food options, increasing awareness about the nutritional benefits of fresh apricots, and growing applications in culinary, cosmetic, and healthcare industries are key factors driving the market's growth.

Fresh apricots are rich in vitamins, antioxidants, and dietary fibers, making them a preferred choice among health-conscious consumers. Additionally, the expanding distribution networks, including supermarkets, online platforms, and local markets, are contributing to the market's expansion.

Drivers

Rising Health Consciousness: Growing awareness about the health benefits of apricots, such as improving digestion, boosting immunity, and supporting skin health, is a major market driver.

Increased Demand for Organic Produce: Consumer preference for organic and chemical-free fruits is propelling the growth of organic fresh apricots.

Expanding Global Trade: Rising exports and imports of fresh apricots, facilitated by improved cold storage and supply chain technologies, are fueling the market.

Restraints

Perishability: Fresh apricots have a short shelf life, posing logistical and storage challenges.

Seasonal Availability: The limited harvest season affects year-round supply and pricing stability.

Opportunity

Innovative Storage Solutions: The development of advanced packaging and cold storage technologies offers opportunities for market growth by extending the shelf life of fresh apricots.

Emerging Markets: Increasing demand in Asia-Pacific and Latin America, driven by rising disposable incomes and changing dietary habits, provides significant growth potential.

Health & Wellness Trends: Opportunities exist for promoting apricots as a superfood in functional and health-driven food categories.

Market by Distribution Channel Insights

Supermarkets/Hypermarkets: This segment held the largest share in 2023 due to convenience and wide product availability.

Online Retail: Expected to grow at the highest CAGR, driven by increasing e-commerce penetration and consumer preference for home delivery.

Specialty Stores: Gaining popularity for organic and premium apricot varieties.

Market by Regional Insights

Europe: Dominated the market in 2023 due to high production in countries like Turkey and Italy, and robust consumer demand.

Asia-Pacific: Anticipated to exhibit the highest growth during the forecast period, led by China and India’s expanding fruit markets.

North America: Continues to grow due to rising health awareness and demand for fresh organic produce.

Competitive Scenario

Key players in the Global Fresh Apricots Market include Fresh Del Monte Produce, Zespri International, Naturipe Farms LLC, Sun World International, Sahadeal, and Prima Wawona. These companies are focusing on sustainable farming practices, strategic partnerships, and expanding their product portfolios to strengthen their market positions.

Scope of Work – Global Fresh Apricots Market

Report Metric

Details

Market Size (2023)

USD 3.5 billion

Projected Market Size (2031)

USD 5.8 billion

CAGR (2023-2031)

6.7%

Key Market Segments

Distribution Channel (Supermarkets, Online, Others)

Growth Drivers

Health consciousness, organic produce demand

Opportunities

Emerging markets, innovative storage technologies

Key Market Developments

2023: Fresh Del Monte launched a new line of organic apricots targeting health-conscious consumers in North America.

2024: Zespri International expanded its presence in the Asia-Pacific market through strategic partnerships with regional distributors.

2025: Naturipe Farms introduced AI-driven solutions for predicting apricot ripeness and optimizing supply chain logistics.

FAQs

What is the current market size of the Global Fresh Apricots Market?

The market was valued at USD 3.5 billion in 2023.

What is the major growth driver of the Global Fresh Apricots Market?

The rising health consciousness and demand for organic produce are key drivers.

Which is the largest region during the forecast period in the Global Fresh Apricots Market?

Europe is the largest region, while Asia-Pacific is expected to witness the highest growth.

Which segment accounted for the largest market share in the Global Fresh Apricots Market?

Supermarkets/Hypermarkets dominated the market in 2023.

Who are the key market players in the Global Fresh Apricots Market?

Leading players include Fresh Del Monte Produce, Zespri International, Naturipe Farms LLC, and Prima Wawona. 

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