The mango market presents numerous benefits, with fresh mangoes and processed products being dominant segments. Fresh mangoes offer a rich source of vitamins, minerals, and antioxidants, promoting overall health. Processed mango products, including juices, preserves, and dried mangoes, cater to consumer demand for convenience and flavor diversity. These segments also support year-round availability and global trade. Additionally, mango cultivation contributes to employment opportunities and sustainable agricultural practices, making it a significant contributor to the agricultural sector and the global economy.
According to Data Bridge Market Research, the North America Mango Market is expected to reach a value of USD 7,466.27 million by 2030, at a CAGR of 5.2% during the forecast period of 2023-2030.
“Growing application of mango in confectionery items boost the market’s growth”
The growing application of mango in confectionery items is a key driver of the mango market. Mango's natural sweetness, vibrant flavor, and versatility make it a popular ingredient in candies, chocolates, jams, and other confectionery products. Consumers are increasingly drawn to the unique taste and tropical appeal of mango-infused treats. This rising demand for mango-derived confections fuels the market's growth, prompting producers to incorporate mango flavors into a variety of delightful confectionery offerings.
What restraints the growth of the North America mango market?
“High cost associated with the product manufacturing restraints the market’s growth”
The high cost of product manufacturing poses a notable restraint in the post-traumatic stress disorder (PTSD) market. Developing and producing effective treatments and therapies for PTSD can be expensive, leading to elevated pricing for patients and healthcare systems. This cost challenge may limit access to these crucial services, especially in regions with limited healthcare resources. Addressing the cost barrier is essential to ensure broader availability of PTSD treatments and facilitate better support for individuals grappling with this mental health condition.
Segmentation: North America Mango Market
The North America mango market is segmented on the basis of variety, packaging size, distribution channel, and application.
- On the basis of variety, the North America mango market is segmented into Alphonso, Kesar, Totapuri, Langra, Dashehari, Banganpali, Neelum, Chausa, and others.
- On the basis of packaging size, the North America mango market has been segmented into more than 8 kg, 4kg to 8kg, and less than 4kg.
- On the basis of distribution channel, the North America mango market has been segmented into offline and online.
- On the basis of application, the North America mango market has been segmented into B2B and B2C.
Regional Insights: U.S. is expected to dominate the North America Mango Market
The U.S. is poised to be the leading player in the North America mango market, primarily due to the robust growth of its food processing industries. This sector's expansion underscores the increasing demand for mangoes, both for fresh consumption and processing. In the U.S. market, mango lovers can savor a variety of options, including Honey, Francis, Haden, Keitt, Kent, and Tommy Atkins mangoes, making these varieties the most readily available and popular choices among consumers.
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Recent Developments
- In July, Dole Plc successfully finalized its merger with a European firm, a strategic move that created the world's largest fresh produce company. This merger significantly expanded Dole's global presence and revenue, solidifying its position as a major player in the fresh produce industry. The consolidation of resources and expertise allowed Dole to tap into new markets and offer an even wider range of fresh produce to consumers worldwide.
- In June, JPK Farming, a subsidiary of Pinata Farms, received an award for achieving the highest yield of Honey Gold mangoes. This recognition acknowledged their outstanding agricultural practices and commitment to producing high-quality mangoes. By growing the largest number of Honey Gold mangoes, JPK Farming not only showcased their expertise but also contributed to meeting the demand for this popular mango variety, enhancing the reputation of Pinata Farms in the industry.
The Prominent Key Players Operating in the North America Mango Market Include:
- Dole Plc (Ireland)
- Coast Citrus (U.S.)
- Freshmax Group (New Zealand)
- Delina Inc. (U.S.)
- New Limeco LLC (U.S.)
- Verde Fruits Company LLC (U.S.)
- Tropical Green Co., Ltd. (Thailand)
- Premier Fresh Australia (Australia)
- All Seasons Fresh Produce (U.S.)
Above are the key players covered in the report, to know about more and exhaustive list of North America mango market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: North America Mango Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
