DUBLIN--(BUSINESS WIRE)--The "Fresh Pears Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Fruit Type" report has been added to ResearchAndMarkets.com's offering.
According to this report the market was valued at US$ 25,828.2 million in 2019 and is projected to reach US$37,075.5million by 2027; it is expected to grow at a CAGR of 4.7% from 2020 to 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.
Pear is a sweet aromatic fruit that contains high quantities of dietary fiber, phytonutrients, and antioxidants. It is rich source of vitamin C, A (also provitamin A), B, and K; potassium; magnesium; and copper. According to a study by the American Journal of Clinical Nutrition, it was found that vitamin A and C present in pears help boost the immunity. Antioxidants assist in stimulating the production of white blood cells that are vital components of immune mechanism. This eventually makes the immune system stronger, allowing the body to ward of mild illness such as flu, cold, and upset stomach. Moreover, the consumption of fresh pears helps improve bone health, enhance blood circulation, aid in healing, maintain heart health, promote gut health, lose weight, lower diabetes-related risks, and reduce inflammation. Pears are also reported to have anticancer properties and good effects on skin and hair.
Folate and niacin in pears are essential for cellular functions and energy production in the human body. Provitamin A content of the fruit supports the skin and wound healing. Pear is an excellent source of soluble and insoluble fibers that are essential for digestive health. The fibers help in maintaining the bowel regularity by bulking and softening up stool; these fibers also feed healthy bacteria in the gut. Pears are also known for their plant compound profile. Anthocyanin lends ruby red color to some pear varieties and is responsible for improving the heart health and blood vessels strength. The green-colored pear contains lutein and zeaxanthin that are necessary to keep the vision sharp, especially after aging. The fruit is a rich source of flavonoid antioxidants that help fight inflammation in the human body. This reduces the risk of developing heart diseases and Type 2 diabetes. The anthocyanin and cinnamic acid content have been proved to be the compounds that help fight cancer. Studies have shown that a diet containing pear protects against lung, stomach, breast, ovarian, and bladder cancers. This further creates a huge demand for fresh pear across various regions.
A few of the major players operating in the global fresh pear market are Salix Fruits, Duckwall Fruit, Rainier Fruit Co., Sage Fruit Company, BEL'EXPORT, William H. Kopke JR., Inc., Stemilt Growers LLC., Domex Superfresh Growers, Underwood Fruit & Warehouse Co., and Washington Fruit & Produce Co.
The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace across the globe. As of June 2020, US, Brazil, India, Russia, Spain and the UK are a few of the worst-affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food and beverages is one the world's major industries suffering serious disruptions such as supply chain breaks, technology events cancellations, and office shutdowns as a result of this outbreak.
There is lack of enough workers to harvest crops and international logistics services have become expensive and inefficient. Various companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia, and North America are affecting the business collaborations and partnerships opportunities. All these factors are anticipated hinder the fresh pear market growth in the coming months.
Reasons to Buy:
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global fresh pears market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Market Dynamics
Drivers
- Health benefits associated with fresh pears
- Food and medicinal applications of fresh pear
Restraints
- Pear as a high foodmap food
Opportunities
- Increase in awareness amongst consumers
Future Trends
- Rising demand for organic pear
Companies Mentioned
- Salix Fruits
- Duckwall Fruit
- Rainier Fruit Co.
- Sage Fruit Company
- BEL'EXPORT
- William H Kopke JR., Inc.
- Stemilt Growers LLC.
- Domex Superfresh Growers
- Underwood Fruit & Warehouse Co.
- Washington Fruit & Produce Co.
For more information about this report visit https://www.researchandmarkets.com/r/oibvi
