Market Size of Fresh Berries Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 26.56 Billion |
Market Size (2029) | USD 31.86 Billion |
CAGR (2024 - 2029) | 3.70 % |
Fastest Growing Market | North America |
Largest Market | Asia-Pacific |
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Fresh Berries Market Analysis
The Fresh Berries Market size is estimated at USD 26.56 billion in 2024, and is expected to reach USD 31.86 billion by 2029, growing at a CAGR of 3.70% during the forecast period (2024-2029).
The COVID-19 pandemic has had a direct and negative impact on the fresh berries market globally. The value addition activities were affected negatively as a disrupted distribution channel tends to lower the berry consumption globally. For fresh produce businesses like berries, the effects will mainly trickle down through changes in consumer spending, labor availability, logistics, and trade.
Growing health consciousness, growth in the beverage and confectionery sector, and enhanced adoption of beauty and personal care segments are the important incentives for consumption in many countries, especially the United States and Britain. North America is the largest market, and Asia-Pacific is anticipated to be the fastest-growing market across the world during the forecast period. Apart from strawberries, blueberries also hold relevance to the region. Having a lot of experience in growing many blueberry varieties, various production regions have focused on different varieties. Therefore, the increased consumer demand across various countries has resulted in increased production in the major producing countries globally.