Market Size of Fresh Peaches Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | 3.20 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia Pacific |
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Fresh Peaches Market Analysis
The global fresh peaches market is projected to grow at a CAGR of 3.2% during the forecast period.
- Fresh peaches exhibit multiple potential health benefits, such as a strong immune system, improved digestion, control of blood pressure, and decreases the risk of chronic diseases. The yellow-fleshed peaches are commonly found in the United States, were as white-fleshed are common in Asian countries.
- As online shopping has become increasingly popular in Beijing's, China and professional team was set up to teach farmers to sell their peaches with mobile phones and transform the local peach industry into a modernized internet-plus business. Peach sales via e-commerce across Pinggu stood at 25 million kg in 2021, compared with nearly zero in 2012. The online demand for peaches has also boosted the development of the local logistics industry such as SF Express and China Post. With government support, Pinggu started building itself into an agricultural innovation hub focusing on the modern seed industry, biotechnology, smart farming, and food safety. This can further boost the market to grow in coming years.
- Growers have also adopted the practice of highdensity plantings, used new cultivars and rootstocks, and installed modern treetraining systems. These changes have been in part propelled by government programs that provide support for various costs including for fuel, fertilizer, and saplings to increase the production of peaches in order to strengthen the market.
