Market Size of Fresh Pears Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 4.70 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Australia and New Zealand |
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Fresh Pear Market Analysis
The fresh pears market was projected to register a CAGR of 4.7% during the forecast period.
- Pears contain special phytonutrients, including anti-inflammatory flavonoids, anticancer polyphenols, and anti-aging flavonoids. Pear is one of the best sources of vitamin C, vitamin K, and boron. It can help lower inflammation, which is the root cause of most diseases. Thus, the benefits of this fruit have, in turn, driven its consumption, majorly across the United States. The increasing health consciousness and the increasing demand for organic fruits act as the major driving forces behind the growth of the fresh pears market.
- The Japanese government is looking to export to various markets, the pear industry in particular, as domestic consumption is set to decrease with a declining population, so the country is aiming to expand its annual agriculture exports by 2030.
- The sales have been high in supermarkets and health food stores, targeting upscale consumers with specialized eating habits. According to FAOSTAT, global pear production accounted for 25.6 million metric tons last year, with a harvested area of 1.3 million hectares. Asia was the largest pear-producing region, with a production of 20.8 million metric tons last year.