Specialty Crops Global Market to Reach $2.2 Trillion by 2030: e-Commerce Widens Retail Opportunities for Specialty Crops

DUBLIN, April 10, 2023 /PRNewswire/ -- The "Specialty Crops: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

The global market for Specialty Crops estimated at US$1.6 Trillion in the year 2022, is projected to reach a revised size of US$2.2 Trillion by 2030, growing at a CAGR of 4.2% over the analysis period 2022-2030.

Conventional, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$1.5 Trillion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Organic segment is readjusted to a revised 4.7% CAGR for the next 8-year period.

The U.S. Market is Estimated at $323.1 Billion, While China is Forecast to Grow at 5.6% CAGR

The Specialty Crops market in the U.S. is estimated at US$323.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$384.7 Billion by the year 2030 trailing a CAGR of 5.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 3.6% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.3% CAGR.

Select Competitors (Total 25 Featured) -

• Barnes Williams (UK & Far East) Ltd.
• Diamond Fruit Growers, Inc.
• Golden Peanut Company, LLC
• Harbor Spice Co. Inc.
• Herbs N Spices International Co., Ltd.
• John B. Sanfilippo & Son, Inc.
• Lamex Food Group Limited
• Nutsco Inc.
• Olam International Limited
• Oregon Spice Company
• Simped Foods Pty Ltd.
• SunWest Foods
• SVZ International B.V.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Impact of COVID-19 and a Looming Global Recession
• COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
• Impact of COVID-19 on the Specialty Crops Market
• An Introduction to Specialty Crops
• Types of Specialty Crops
• World Specialty Crops Market by Type (2020 & 2027): Percentage Breakdown of Revenues for Vegetables, Fruits, Herbs & Spices, Tree Nuts, and Other Types
• Specialty Crops: Global Market Prospects & Outlook
• Key Factors Favoring the Specialty Crops Market
• New Retail Formats to Increase Demand for Specialty Crops
• Free Trade to Boost Market Growth
• Crop Adulteration to Restrain the Market Growth
• Geographic Analysis: Developed Regions Lead Medical Membranes Market, Developing Nations Promise Future Growth
• World Specialty Crops Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
• World Specialty Crops Market - Geographic Regions Ranked by CAGR (Revenues) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Japan, and Europe
• Competitive Scenario
• Recent Market Activity
• Specialty Crops - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

• Megatrends Wielding Influence on Specialty Crops Market
• World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
• World Urban Population in Thousands: 1950-2050P
• Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
• Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
• Food Sector Dominates the Specialty Crops Market
• Surging Demand for Natural, Clean Label, & Less Processed Foods Augurs Well
• Robust Opportunities in the Beverages Vertical
• Focus on Healthy Living Amidst Pandemic Fuels Demand for Natural Beverages
• Fruit Juices Gain Wider Traction
• Vegetable Juices Seek Opportunities
• Dynamics of Foodservice Industry Augment Business Prospects
• Opportunities in Quick Service Restaurants Vertical
• Global Fast Food & Quick Service Restaurant Market Size (in US$ Billion) for 2019, 2022 & 2025
• Growing Demand for Specialty Crops in Retail Segment
• e-Commerce Widens Retail Opportunities for Specialty Crops
• Smartphone Penetration & Better Internet Connectivity Fuel Online Retail Sales
• Global Market for Smartphones in Billions (2016-2021)
• Mounting Food Security Concerns Improve Market Prospects
• World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
• Food Demand Growth Worldwide: Demand Growth in Million Tonnes for Select Foods for the Period 2008-2017 and 2018-2027
• Small Producers Improve Profitability with Specialty Crops

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/9fg6v2

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets