Market Size of Kiwi Fruit Industry
Study Period | 2019 - 2029 |
Market Size (2024) | USD 1.89 Billion |
Market Size (2029) | USD 2.42 Billion |
CAGR (2024 - 2029) | 5.02 % |
Fastest Growing Market | Asia |
Largest Market | Asia |
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Kiwi Fruit Market Analysis
The Kiwi Fruit Market size is estimated at USD 1.89 billion in 2024, and is expected to reach USD 2.42 billion by 2029, growing at a CAGR of 5.02% during the forecast period (2024-2029).
- Kiwifruit is available year-round. It is enriched with vital nutrients, such as vitamin E, copper, vitamin K, choline, magnesium, and phosphorus. The antioxidant properties of kiwi fruit make it an exotic fruit and a natural remedy for all respiratory issues. Along with this, the fruit is an excellent source of vitamin C which helps to fight cancer boosts the immune system, and prevents many diseases. Furthermore, the U.S. Food and Drug Administration approved the nutrient content of kiwi fruit as low-fat, saturated fat-free, sodium-free, cholesterol-free, high in fiber, high in vitamin C, a good source of vitamin E, and a good source of potassium. The growing awareness of health benefits among the population boosted the demand for kiwi.
- Along with this, kiwi fruit can be used and consumed by including them in salads, cakes, beverages, etc. There is an increased application of fruit in the food and beverage industry which increased the market for kiwi fruit. Additionally, the increased demand in major markets, a booming fruit juice industry, and increasing health consciousness is driving the market's growth. On the other hand, trade barriers related to exports and high prices of fruit in major markets restrained the market.
- The demand has increased globally, especially in the Far East. China is the leading producer, with imports increasing and reaching 121,940 metric ton in 2021 which was valued at 550,482 USD thousand. Thus, the increased imports in the far eastern countries are driving the market's growth.