Pear Market size to increase by USD 7.89 billion between 2022 to 2027 | The increasing online presence of market players drives market growth - Technavio
NEW YORK, Oct. 18, 2023 /PRNewswire/ -- The Pear Market size is expected to grow by USD 7.89 billion, accelerating at a CAGR of 4.85% during the forecast period. The increasing online presence of companies is notably driving the pear market. However, factors such as high dependence on weather conditions may impede market growth. The market is segmented by Product (Asian pears and European pears), Distribution Channel (Offline and Online), and Geography (APAC, Europe, North America, Middle East and Africa, and South America). To know additional highlights and key points on various market segments and their impact in coming years, buy the report
Pear Market 2023 – 2027: Key Segment Analysis
The offline segment is expected to contribute substantial market share to the pear market. Key distribution channels within this segment encompass hypermarkets, supermarkets, departmental stores, and convenience stores. Moreover, offline distribution channels play a significant role in organized retail, simplifying the purchasing process for consumers and offering a wide array of fresh fruit options, including various pear varieties. Prominent hypermarkets and supermarkets, such as Tesco Plc (Tesco) and Walmart Inc. (Walmart), provide a diverse selection of pears to choose from.
Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format
Pear Market 2023 – 2027: Geographical Market Analysis
The Asia-Pacific (APAC) region is expected to play a significant role, contributing 76% to the global market's growth. This growth is driven by the increasing demand for healthy food, particularly in developing countries like India and China. Asian pears, rich in vitamins C and K, are a major contributor to this growth, offering skin-enhancing, immune-boosting, and digestive benefits. In traditional Chinese medicine, Asian pears are known for their cooling properties and are used for detoxification and alleviating various health symptoms, such as coughs and ulcers. These factors are propelling market growth in the APAC region.
Pear Market 2023 – 2027: Company Insights
The pear market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:
- BEL EXPORT
- Bridges Organic Produce
- British Apples and Pears Ltd.
- Dole Food Co. Inc.
- Domex Superfresh Growers
- Duckwall Fruit
- Fruit Modena Group
- Gilbert Orchards
- Golden Bay Fruit
- Johnson Orchards
- Mcilrath Farms
- Monson Fruit Co.
- Orchard Fruit Co.
- Rainier Fruit Co.
- Sage Fruit Co.
- Sloop Orchards
- Stemilt Growers LLC
- Underwood Fruit and Warehouse Co.
- Washington Fruit Growers
- West Valley U Pick
View FREE PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.
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Fresh Cherries Market: The global fresh cherries market size is projected to increase by USD 23,764.23 million and the market size is estimated to grow at a CAGR of 8.32% between 2022 and 2027.
TOC:
- Executive Summary
- Market Landscape
- Market Sizing
- Historic Market Sizes
- Five Forces Analysis
- Market Segmentation by Product
- Market Segmentation by Distribution Channel
- Market Segmentation by Geography
- Customer Landscape
- Geographic Landscape
- Drivers, Challenges, & Trends
- Company Landscape
- Company Analysis
- Appendix
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