DUBLIN--(BUSINESS WIRE)--The "Specialty Crops - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
The global market for Specialty Crops estimated at US$1.5 Trillion in the year 2020, is projected to reach a revised size of US$1.8 Trillion by 2026, growing at a CAGR of 3.8% over the analysis period.
Conventional, one of the segments analyzed in the report, is projected to grow at a 3.6% CAGR to reach US$1.3 Trillion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Organic segment is readjusted to a revised 4.2% CAGR for the next 7-year period. This segment currently accounts for a 31% share of the global Specialty Crops market.
The U.S. Market is Estimated at $313.7 Million in 2021, While China is Forecast to Reach $308.9 Million by 2026
The Specialty Crops market in the U.S. is estimated at US$313.7 Billion in the year 2021. The country currently accounts for a 20.74% share in the global market. China, the world`s second largest economy, is forecast to reach an estimated market size of US$308.9 Billion in the year 2026 trailing a CAGR of 5.3% through the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 3.3% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR while Rest of European market (as defined in the study) will reach US$323.7 Billion by the end of the analysis period.
Select Competitors (Total 25 Featured) -
- Barnes Williams (UK & Far East) Ltd.
- Diamond Fruit Growers, Inc.
- Golden Peanut Company, LLC
- Harbor Spice Co. Inc.
- Herbs N Spices International Co., Ltd.
- John B. Sanfilippo & Son, Inc.
- Lamex Food Group Limited
- Nutsco Inc.
- Olam International Limited
- Oregon Spice Company
- Simped Foods Pty Ltd.
- SunWest Foods
- SVZ International B.V.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Impact of COVID-19 and a Looming Global Recession
- COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
- Impact of COVID-19 on the Specialty Crops Market
- An Introduction to Specialty Crops
- Types of Specialty Crops
- World Specialty Crops Market by Type (2020 & 2027): Percentage Breakdown of Revenues for Vegetables, Fruits, Herbs & Spices, Tree Nuts, and Other Types
- Specialty Crops: Global Market Prospects & Outlook
- Key Factors Favoring the Specialty Crops Market
- New Retail Formats to Increase Demand for Specialty Crops
- Free Trade to Boost Market Growth
- Crop Adulteration to Restrain the Market Growth
- Geographic Analysis: Developed Regions Lead Medical Membranes Market, Developing Nations Promise Future Growth
- World Specialty Crops Market by Region (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
- World Specialty Crops Market - Geographic Regions Ranked by CAGR (Revenues) for 2020-2027: China, Asia-Pacific, Latin America, Middle East, Africa, Canada, USA, Japan, and Europe
- Competitive Scenario
- Recent Market Activity
- Specialty Crops - Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Megatrends Wielding Influence on Specialty Crops Market
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- World Urban Population in Thousands: 1950-2050P
- Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
- Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
- Food Sector Dominates the Specialty Crops Market
- Surging Demand for Natural, Clean Label, & Less Processed Foods Augurs Well
- Robust Opportunities in the Beverages Vertical
- Focus on Healthy Living Amidst Pandemic Fuels Demand for Natural Beverages
- Fruit Juices Gain Wider Traction
- Vegetable Juices Seek Opportunities
- Dynamics of Foodservice Industry Augment Business Prospects
- Opportunities in Quick Service Restaurants Vertical
- Global Fast Food & Quick Service Restaurant Market Size (in US$ Billion) for 2019, 2022 & 2025
- Growing Demand for Specialty Crops in Retail Segment
- e-Commerce Widens Retail Opportunities for Specialty Crops
- Smartphone Penetration & Better Internet Connectivity Fuel Online Retail Sales
- Global Market for Smartphones in Billions (2016-2021)
- Mounting Food Security Concerns Improve Market Prospects
- World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
- Food Demand Growth Worldwide: Demand Growth in Million Tonnes for Select Foods for the Period 2008-2017 and 2018-2027
- Small Producers Improve Profitability with Specialty Crops
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/9np6k5
