Canada, China, South Korea, and U.A.E. Mango Market, By Variety (Alphonso, Totapuri, Tommy Atkins, Kent, Keitt, Osteen, Kesar, Neelum, Palmer, Banganpali (Badami), Chausa, Dashehari, Langra, and Others), Nature (Conventional and Organic), End Use (Food Processors and Food Service Industry) - Industry Trends and Forecast to 2030.
Canada, China, South Korea, and U.A.E. Mango Market Analysis and Size
The growth of the beverage industry has become a significant driver for market growth due to the rising demand for mangoes in South Korea, China, U.A.E., and Canada. Mangoes have gained popularity as a key ingredient in a variety of hydrating and nourishing drinks as consumer preferences shift toward healthy and natural beverages.
The Canada, China, South Korea, and U.A.E. mango market report provides details of market share, new developments, and the impact of domestic and localized market players, analyzes opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue-impact solution to achieve your desired goal.
The Canada, China, South Korea, and U.A.E. mango market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyzes that the market is growing with a CAGR of 5.1% in the forecast period of 2023 to 2030 and is expected to reach USD 1,413.56 million by 2030. The major factor expected to drive market growth is significant growth and expansion in the food and beverages industry.
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Million, Volume in Kilo Tons, and Pricing in USD
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Segments Covered
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Variety (Alphonso, Totapuri, Tommy Atkins, Kent, Keitt, Osteen, Kesar, Neelum, Palmer, Banganpali (Badami), Chausa, Dashehari, Langra, and Others), Nature (Conventional and Organic), End Use (Food Processors, and Food Service Industry)
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Countries Covered
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Canada, China, South Korea, and U.A.E.
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Market Players Covered
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Tropical Green Co., Ltd., Verde Fruits Company LLC, Gulffruits Trade co LLC, Mango Canada, Fresh Taste Produce, Fresh Direct Produce Ltd, and GLOBAL CITRUS GROUP among others
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Market Definition
Mango (Mangifera indica), a member of the Anacardiaceous family, is one of the most significant and commonly produced tropical fruits. The mango tree is native to southern Asia, particularly Myanmar and Assam state in India, and various cultivars have been developed. Mangoes are rich in vitamins A, C, and D.
Canada, China, South Korea, and U.A.E. Mango Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints, and challenges. All of this is discussed in detail below:
Drivers
- Significant Growth and Expansion in the Food and Beverages Industry
The massive population and rapidly growing middle-class population of China make the market for mango beverages incredibly promising. Mango juice in particular has caught the attention of Chinese customers looking for nutrient-rich, natural beverages. Chinese producers have created unique mango-based drinks and are promoting them as premium health products.
An expanding population with various taste preferences has prompted the beverage business in the U.A.E. to evolve in favor of healthier products. Mango-infused beverages, such as iced teas and smoothies, are becoming more and more popular in the country's thriving food and beverage sector. The tourism industry also makes a substantial contribution to the rise in mango beverage consumption, since hotels and resorts provide tropical drinks to draw visitors from various nations.
- Mangoes Witnessing High Demand as Organic Product Awareness Rises
The rising demand for mangoes as organic food is an important driver for market growth in South Korea, China, U.A.E., and Canada. The preference for organic products has significantly increased as people become more concerned about their health and the environmental impact of their dietary decisions.
The organic food movement has gained momentum in South Korea due to worries about food safety and health. Therefore, among consumers who are concerned about their health, organic mangoes are growing increasingly popular. The increased demand for these premium fruits has been fueled by perceptions that organic mangoes, devoid of synthetic pesticides and chemicals, are healthier.
Opportunities
- Government Initiatives to Promote Healthy Eating Habits
Government initiatives that promote healthy eating awareness have become significant drivers for market growth. Governments play a crucial role in encouraging healthier eating habits, including the consumption of fruits, such as mangoes as health concerns rise and consumers become more conscious of their food choices.
In conclusion, government initiatives promoting healthy eating awareness play a vital role in driving market growth. Governments contribute to market growth by encouraging the consumption of fruits such as mangoes through educational campaigns and dietary guidelines. The alignment of mangoes with the increasing trend of health and wellness makes them a favored choice among consumers, further fueling the demand for this tropical fruit in the mentioned regions. After looking at these benefits, various governments have taken many initiatives to create awareness among consumers for healthy eating habits, which is expected to provide opportunities for market growth.
- Rise in Usage of Mango Products in Ice Cream and Convenience Foods
The growing application of mango products in ice cream and convenience foods has emerged as a significant driver for mango market. Mango's unique flavor and versatility make it an attractive ingredient for various food products, particularly in the ice cream and convenience food sectors.
The growing application of mango products in ice cream and convenience foods is driven by changing consumer preferences and the desire for unique and flavorful food experiences. Mango's tropical taste adds a delightful twist to familiar food items, making them more enticing to consumers. In addition, the growing interest in exotic and international flavors contributes to the increasing use of mango in these food sectors.
Restraints/Challenges
- Cultivation of Mangoes Occurs Seasonally
The seasonal cultivation of mangoes has a significant impact on the mango market in South Korea, China, U.A.E., and Canada and can be considered a restraint for the industry. Mangoes are tropical fruits that require specific climatic conditions to grow successfully, resulting in seasonal availability.
The seasonal cultivation of mangoes serves as a restraint for market growth in these regions by creating a sense of novelty and anticipation among consumers. The limited availability of fresh mangoes during the growing season challenge demand and enhances the fruit's perceived value. Moreover, the seasonal nature of mangoes aligns with the trend of seasonal eating and locally sourced produce, resonating with consumers' preferences for fresh and seasonal fruits. The seasonal nature of mangoes aligns with their preferences as consumers seek fresh and seasonal produce, further restraining the market growth.
- Mango Varieties Show Variability and Inconsistency
The variability and inconsistency of mango varieties have emerged as challenge for mango market in South Korea, China, U.A.E., and Canada. The diverse range of mango varieties available in the market presents challenges for stakeholders in the industry.
the variability and inconsistency of mango varieties present both opportunities and challenges for the mango market. While consumers benefit from a diverse range of flavors and textures, growers and suppliers must focus on effective supply chain management and collaboration to ensure a reliable and high-quality supply of mangoes throughout the year. Therefore, managing such a huge number of different varieties of mangoes with different appearances and tastes is expected to pose a challenge to market growth.
Recent Developments
- In May 2023, Fresh Direct Produce Ltd. with its affiliates Mike & Mike's Organics, Islands West Manufacturers, and Emperor Specialty Foods, is proud to receive Platinum Status for the past ten years from Canada's Best Managed Companies. The Group's dedication to development and expansion will enable them to draw in and align with the greatest growers, clients, and talents in the sector.
- In June 2020, a distributor of fresh, organically-certified fruits and vegetables, Mike and Mike's Inc., was purchased by Fresh Direct Produce, Ltd. The relationship between Fresh Direct and Mike and Mike's broadens Fresh Direct's distribution network in Canada, but it also provides insight into the goods and business practices in a crucial area.
Canada, China, South Korea, and U.A.E. Mango Market Scope
The Canada, China, South Korea, and U.A.E. mango market is segmented into three notable segments based on variety, nature, and end use. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Variety
- Alphonso
- Totapuri
- Tommy atkins
- Kent
- Keitt
- Osteen
- Kesar
- Neelum
- Palmer
- Banganpali (Badami)
- Chausa
- Dashehari
- Langra
- Others
On the basis of variety, the market is segmented into alphonso, totapuri, tommy atkins, kent, keitt, osteen, kesar, neelum, palmer, banganpali (badami), chausa, dashehari, langra, and others.
Nature
- Conventional
- Organic
On the basis of nature, the market is segmented into conventional and organic.
End Use
- Food Processors
- Food Service Industry
On the basis of end use, the market is segmented into food processors and food service industry.
Competitive Landscape and Canada, China, South Korea, and U.A.E. Mango Market Share Analysis
The Canada, China, South Korea, and U.A.E. mango market competitive landscape provides details of competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to the market.
Some of the prominent participants operating in this market are Tropical Green Co., Ltd., Verde Fruits Company LLC, Gulffruits Trade co LLC, Mango Canada, Fresh Taste Produce, Fresh Direct Produce Ltd, and GLOBAL CITRUS GROUP among others.
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