Transparency Market Research

Fresh Cherries Market Expanding at a CAGR of 5.50% During 2017-2022

Fresh Cherries Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2022

 

Albany, NY -- (SBWIRE) -- 05/30/2018 -- The world fresh cherries market is prophesized to fare quite well due to growing awareness about the benefits of fresh fruits and harmful effects of preservatives. Consumers worldwide now prefer fresh fruits more than the ones with preservatives.

The analysis anticipates that the world market for fresh cherries is to be appropriately divided into taste, sales channel, application and by geography. The category of sweet fresh cherries that comes under the segment of taste is expected to gain impetus and spearhead the market with its growing popularity and increasing application in a variety of products across the globe.

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The researchers of this report have provided an exhaustive analysis of the world fresh cherries market coupled with considerable focus on the market's competitive matrix. Each of the regional segments of the market has been studied and evaluated in detail so as to divulge opportunities that had remained undisclosed so far and the prospects of growth that are quite likely to emerge in the years to come.

The world fresh cherries market is predicted to gain impetus and experience considerable market growth due to a significant rise in awareness about the health benefits of fresh fruits and growing disposable income of the people.

There is an increasing demand for fresh vegetables and fruits for consumption and as such we see increasing demand for fresh cherries as well. Furthermore, with increasing disposable income, people are willing to spend more on fresh cherries.

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Cherries come with a lot of health benefits and they belong to the family of apricots, plums, almonds and peaches. It is often used in various dessert preparations such as in pies, garnishing in cocktails and so on. Cherries are known to have compounds that are cancer preventive. Furthermore, it also cuts down the risk of gout and helps in the reduction of inflammation. In addition to that, it reduces the risk of stroke and helps in the diminishing arthritis pain. With all these benefits, the market for fresh cherries is forecasted to grow fairly well.

Sweet cherries are considered more popular than the sour ones. It is extensively used in ice creams, salads, jellies, alcoholic beverages, and so on. Furthermore, cherries are consumed more into jams, bakery, jellies, tarts and the like.

So far as regional dominance is taken into account, China emerges as a prominent consumer of cherries across the globe and is foreseen to remain such a leading consumer over the timeframe of forecast that stretches from 2017 to 2022. Much of the growth of China is due to increasing consumption of cherries in the country. Asia Pacific has been a leading region due to growing popularity of fresh cherries and increasing disposable income of the people of this region who can now afford and are willing to spend on fresh fruits such as cherries for various health benefits. Increasing urbanization and growing adoption of western lifestyle are also estimated to stimulate the demand for cherries in this part of the world.

Apart from Asia Pacific, Latin America is also forecasted to offer promising market for fresh cherries owing to its health benefits and increasing adoption of western culture.

The report also comes with an assessment of other important regions of the international Fresh cherries market, namely the Middle East and Africa (MEA), Europe, and North America.

Some leading Fresh cherries companies which are worth assessing and evaluating are BEL'EXPORT NV, Hood River Cherry Co., Alacam Tarim, The Global Green Co. Ltd., Dell's Marachino Cherries, Leelanau Fruit Co., Rainier Fruit Co., Smelterz Orchard Co., and Vitin Fruits. The analysis shares an exhaustive understanding of the primary characteristics and the nature of the market's competitive landscape.