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The China Lime Market is segmented by production analysis, consumption analysis, price trend analysis, import market analysis (value and volume), and export market analysis (value and volume).
The Chinese lime market is projected to record a CAGR of 1.93% during the forecast period (2020-2025).
The report contains an analysis of the various parameters of the lime market. The study takes into account the commercial lime fruit as a commodity and comprises of major developments in the niche market. Lime (citrus) fruit is an excellent source of vitamin C. The health benefits of these fruits also rest in their fiber and phytochemicals.
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Lime is used as one of the key raw ingredients for many food processing and other industrial application. Certain pickles and juice processing industries procure lime consistently by lime producers. Lime is extensively used as an important ingredient in cosmetics, essential oil and pharmaceutical industries for manufacturing products. Therefore, to meet the growing demand from these industries, the production of lime has increased in recent years. The lime-based ingredient used in drinks, food, and confectionery contain a flavor quite distinct from that made from lemons. This unique taste of lime makes it a majorly demanding citrus fruit and therefore is in great demand among the Chinese beverage companies. Also, lime rind contains a limonene chemical compound, an essential oil that is widely used in the oil and cosmetics industries. Thus, Chinese cosmetic manufacturers are widely adopting such ingredients in their cosmetic production. Thus, the demand from these industries is positively impacting the production of lime in the country.
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The United Nations Statistics Division-commodity Trade Statistics Database reported that the countries, such as the Philippines, Hong Kong, Vietnam, and Russia were the major importers of limes from China in 2018, accounting for USD 18.7 million, USD 17.8 million, USD 14.8 million, and USD 13.3 million, respectively. There is a high demand for China's lime and other citrus fruits in export markets. To meet the constantly increasing demand, the country exports a good amount of these fruits to other countries, as China is producing a considerable amount of limes in the country itself. With the trade war and the import tariffs that the United States is setting, it is unclear how the market will develop over the forecast period. South Africa will be demanding limes from China in the latter part of 2018. Thus, the overall lime production and thereby exports are expected to increase, as Chinese producers are benefitted from favorable weather, the diminished impact from citrus greening, and increased yields in younger orchards, especially in western China.
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1.1 Study Deliverables and Market Definition
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
5. MARKET SEGMENTATION
5.1 Production Analysis
5.2 Consumption Analysis
5.3 Import Analysis (Value and Volume)
5.4 Export Analysis (Value and Volume)
5.5 Price Trend Analysis
6. MARKET OPPORTUNITIES AND FUTURE TRENDS