PUBLISHER: Grand View Research | PRODUCT CODE: 1679492
PUBLISHER: Grand View Research | PRODUCT CODE: 1679492
Cherry Market Size, Share & Trends Analysis Report By Product (Sweet, Sour), By Application (Direct Consumption, Processed Products, Snacks & Confectionary, Dairy Products), By Form, By Region, And Segment Forecasts, 2024 - 2030
Cherry Market Size & Trends:
The global cherry market size was estimated at USD 62.50 billion in 2023 and is projected to grow at a CAGR of 7.3% from 2024 to 2030. One of the primary reasons for the growth of the market is the rising health consciousness among consumers. Cherries are recognized for their rich nutritional profile, containing antioxidants, vitamin C, and anti-inflammatory compounds. These attributes contribute to various health benefits, such as supporting heart health, reducing symptoms of arthritis and gout, and enhancing sleep quality. As consumers become more aware of the adverse effects of preservatives and processed foods, there is a growing preference for fresh fruits like cherries that are perceived as healthier options. This shift in dietary preferences has led to increased consumption of cherries, particularly in emerging economies where purchasing power is rising.
Economic conditions also play a crucial role in the growth of the market. Consumers are willing to spend more on fresh produce with higher disposable incomes in developed regions such as North America and emerging markets in Asia-Pacific. This economic empowerment has spurred demand for premium-quality fruits, including cherries. The increasing availability of various cherry varieties throughout the year has made it easier for consumers to incorporate them into their diets, further driving market growth.
The rise of urban farming is another significant factor contributing to the expansion of the fresh cherry industry. Limited land availability in urban areas has led to innovative farming techniques that allow for cultivating cherries in community spaces such as rooftops and school gardens. Urban agriculture reduces transportation costs and enhances local access to fresh produce. This trend aligns with consumer desires for locally sourced food options, increasing demand for fresh cherries grown within city limits.
Sustainability has become a key concern for many consumers, increasing demand for organic and sustainably farmed products. Cherry producers who adopt organic practices can cater to this market segment by offering pesticide-free cherries, which command higher prices due to their perceived health benefits. In addition, implementing eco-friendly practices such as biodegradable packaging and water conservation can further enhance a cherry farm's appeal to environmentally conscious consumers. This alignment with consumer values boosts sales and fosters brand loyalty among health-focused buyers.
Advancements in agricultural technology have also positively impacted the cherry industry. Innovations in production techniques have improved yield quality and quantity, allowing farmers to meet increasing consumer demand more effectively. These technological improvements include better pest management systems and enhanced packaging solutions that help maintain fruit quality during transportation. As a result, producers can offer fresher cherries to consumers while minimizing losses due to spoilage.
The dynamics of international trade have significantly influenced the market's growth. Regions known for cherry production, such as North America and Europe, have expanded their export capabilities, making cherries more accessible worldwide. As international trade continues to evolve, the market will likely see sustained growth driven by domestic consumption and export opportunities.
One of the most pressing challenges for cherry producers is the impact of climate change. Unpredictable weather patterns, including frost, heavy rainfall, and extreme heat, have led to inconsistent harvests. For instance, in 2023, many cherry farmers experienced severe losses due to "weather whiplash," which resulted in unharvested fields and plummeting prices. Cherries are particularly vulnerable because they do not store well compared to other fruits, making them susceptible to market fluctuations caused by adverse weather conditions. This variability affects yield and compromises fruit quality, posing a risk to producers' livelihoods.
Substantial competition from imported cherries also challenges the market. Countries like Turkey and Chile have established themselves as major players in the global cherry industry, often offering lower prices due to their larger production scales. In markets such as the UK, domestic producers struggle to compete against these imports despite consumers' willingness to pay a premium for homegrown cherries. This competition can lead to price wars that further squeeze profit margins for local growers.
Global Cherry Market Report Segmentation
This report forecasts revenue growth at the global, regional, and country levels and analyzes the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global cherry market report based on product, application, distribution, and region.
- Product Outlook (Revenue, USD Billion, 2018 - 2030)
- Sweet
- Sour
- Application Outlook (Revenue, USD Billion, 2018 - 2030)
- Direct Consumption
- Processed Foods
- Snacks & Confectionary
- Dairy Products
- Others
- Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)
- Supermarkets & Hypermarkets
- Convenience Stores
- Online
- Regional Outlook (Revenue, USD Billion, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Australia & New Zealand
- South Korea
- Central & South America
- Brazil
- Middle East & Africa
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Product Outlook
- 2.3. Distribution Outlook
- 2.4. Application Outlook
- 2.5. Competitive Landscape Outlook
Chapter 3. Cherry Market Variables, Trends & Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. Industry Value Chain Analysis
- 3.3.1. Raw Material Outlooks
- 3.3.2. Manufacturing and Technology Trends
- 3.3.3. Sales Channel Analysis
- 3.3.4. Profit Margin Analysis
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Market Opportunities
- 3.4.4. Market Challenges
- 3.5. Industry Analysis - Porter's Five Forces Analysis
- 3.6. Market Entry Strategies
Chapter 4. Cherry Market: Product Estimates & Trend Analysis
- 4.1. Cherry Market, by Product: Key Takeaways
- 4.2. Product Movement Analysis & Market Share, 2023 & 2030
- 4.3. Market Estimates & Forecasts, by Product, 2018 - 2030 (USD Billion)
- 4.3.1. Sweet
- 4.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.2. Sour
- 4.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 4.3.1. Sweet
Chapter 5. Cherry Market: Application Estimates & Trend Analysis
- 5.1. Cherry Market, by Application: Key Takeaways
- 5.2. Application Movement Analysis & Market Share, 2023 & 2030
- 5.3. Market Estimates & Forecasts, by Application, 2018 - 2030 (USD Billion)
- 5.3.1. Direct Consumption
- 5.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.2. Processed Products
- 5.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.3. Snacks & Confectionary
- 5.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.4. Dairy
- 5.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.5. Others
- 5.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 5.3.1. Direct Consumption
Chapter 6. Cherry Market: Distribution Estimates & Trend Analysis
- 6.1. Cherry Market, by Distribution: Key Takeaways
- 6.2. Distribution Movement Analysis & Market Share, 2023 & 2030
- 6.3. Market Estimates & Forecasts, by Distribution, 2018 - 2030 (USD Billion)
- 6.3.1. Supermarkets & Hypermarkets
- 6.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.3.2. Convenience Stores
- 6.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.3.3. Online
- 6.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 6.3.1. Supermarkets & Hypermarkets
Chapter 7. Cherry Market: Regional Estimates & Trend Analysis
- 7.1. Cherry Market: Regional Outlook
- 7.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.3. Market Estimates & Forecasts, by Region & Country, 2018 - 2030 (USD Billion)
- 7.3.1. North America
- 7.3.1.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.1.2. U.S.
- 7.3.1.2.1. Key country dynamics
- 7.3.1.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.1.3. Canada
- 7.3.1.3.1. Key country dynamics
- 7.3.1.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.1.4. Mexico
- 7.3.1.4.1. Key country dynamics
- 7.3.1.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2. Europe
- 7.3.2.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.2. Germany
- 7.3.2.2.1. Key country dynamics
- 7.3.2.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.3. UK
- 7.3.2.3.1. Key country dynamics
- 7.3.2.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.4. France
- 7.3.2.4.1. Key country dynamics
- 7.3.2.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.5. Italy
- 7.3.2.5.1. Key country dynamics
- 7.3.2.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.2.6. Spain
- 7.3.2.6.1. Key country dynamics
- 7.3.2.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3. Asia Pacific
- 7.3.3.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.2. China
- 7.3.3.2.1. Key country dynamics
- 7.3.3.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.3. Japan
- 7.3.3.3.1. Key country dynamics
- 7.3.3.3.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.4. India
- 7.3.3.4.1. Key country dynamics
- 7.3.3.4.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.5. Australia & New Zealand
- 7.3.3.5.1. Key country dynamics
- 7.3.3.5.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.3.6. South Korea
- 7.3.3.6.1. Key country dynamics
- 7.3.3.6.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.4. Central & South America
- 7.3.4.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.4.2. Brazil
- 7.3.4.2.1. Key country dynamics
- 7.3.4.2.2. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.5. Middle East & Africa
- 7.3.5.1. Market estimates and forecast, 2018 - 2030 (USD Billion)
- 7.3.5.2. UAE
- 7.3.5.2.1. Key country dynamics
- 7.3.1. North America
Chapter 8. Competitive Analysis
- 8.1. Recent Developments & Impact Analysis, by Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Market Share Analysis, 2023 (%)
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.9. Company Profiles
- 8.9.1. Stemilt Growers
- 8.9.2. Washington Fruit Growers
- 8.9.3. Driscoll's Inc.
- 8.9.4. Borton Fruit
- 8.9.5. Zirkle Fruit Company
- 8.9.6. Chelan Fresh
- 8.9.7. Columbia Fruit Packers Inc.
- 8.9.8. Domex Superfresh Growers
- 8.9.9. Rainier Fruit Co.
- 8.9.10. Valley Fresh Produce
- 8.9.11. Naturipe Fruits
- 8.9.12. Smeltzer Orchard Company LLC
- 8.9.13. CMI Orchards LLC
- 8.9.14. Leelanau Fruit Co.
- 8.9.15. Diva Agro Ltd
- 8.9.16. SICA SAS SICODIS
- 8.9.17. Cherry Hill Orchards
- 8.9.18. Perfecta Produce
- 8.9.19. Northstar Organics
- 8.9.20. Vitin Fruits
List of Tables
- Table 1. Cherry market - Key market driver analysis
- Table 2. Cherry market - Key market restraint analysis
- Table 3. Cherry market estimates & forecast, by product (USD Billion)
- Table 4. Cherry market estimates & forecast, by application (USD Billion)
- Table 5. Cherry market estimates & forecast, by distribution (USD Billion)
- Table 6. North America Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 7. North America Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 8. North America Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 9. U.S. macro-economic outlay
- Table 10. U.S. Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 11. U.S. Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 12. U.S. Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 13. Canada macro-economic outlay
- Table 14. Canada Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 15. Canada Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 16. Canada Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 17. Mexico macro-economic outlay
- Table 18. Mexico Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 19. Mexico Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 20. Mexico Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 21. Europe Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 22. Europe Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 23. Europe Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 24. Germany macro-economic outlay
- Table 25. Germany Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 26. Germany Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 27. Germany Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 28. UK macro-economic outlay
- Table 29. UK Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 30. UK Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 31. UK Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 32. France macro-economic outlay
- Table 33. France Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 34. France Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 35. France Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 36. Italy macro-economic outlay
- Table 37. Italy Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 38. Italy Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 39. Italy Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 40. Spain macro-economic outlay
- Table 41. Spain Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 42. Spain Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 43. Spain Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 44. Asia Pacific Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 45. Asia Pacific Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 46. Asia Pacific Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 47. China macro-economic outlay
- Table 48. China Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 49. China Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 50. China Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 51. Japan macro-economic outlay
- Table 52. Japan Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 53. Japan Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 54. Japan Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 55. India macro-economic outlay
- Table 56. India Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 57. India Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 58. India Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 59. Australia macro-economic outlay
- Table 60. New Zealand macro-economic outlay
- Table 61. Australia & New Zealand Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 62. Australia & New Zealand Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 63. Australia & New Zealand Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 64. South Korea macro-economic outlay
- Table 65. South Korea Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 66. South Korea Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 67. South Korea Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 68. Central & South America Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 69. Central & South America Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 70. Central & South America Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 71. Brazil macro-economic outlay
- Table 72. Brazil Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 73. Brazil Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 74. Brazil Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 75. Middle East & Africa Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 76. Middle East & Africa Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 77. Middle East & Africa Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 78. UAE macro-economic outlay
- Table 79. UAE Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Table 80. UAE Cherry market revenue estimates and forecast by product, 2018 - 2030 (USD Billion)
- Table 81. UAE Cherry market revenue estimates and forecast by application, 2018 - 2030 (USD Billion)
- Table 82. Recent developments & impact analysis, by key market participants
- Table 83. Company market share, 2023
- Table 84. Company heat map analysis
- Table 85. Companies undergoing key strategies
List of Figures
- Fig. 1 Cherry market segmentation
- Fig. 2 Information procurement
- Fig. 3 Primary research pattern
- Fig. 4 Primary research approaches
- Fig. 5 Primary research process
- Fig. 6 Market snapshot
- Fig. 7 Product snapshot
- Fig. 8 Packaging snapshot
- Fig. 9 Regional snapshot
- Fig. 10 Competitive landscape snapshot
- Fig. 11 Cherry market size, 2018 to 2030 (USD Billion)
- Fig. 12 Cherry market: Penetration & growth prospect mapping
- Fig. 13 Cherry market: Value chain analysis
- Fig. 14 Cherry market: Profit margin analysis
- Fig. 15 Cherry market: Market dynamics
- Fig. 16 Cherry market: Porter's five forces analysis
- Fig. 17 Cherry market, by product: Key Takeaways
- Fig. 18 Cherry market: Product movement analysis, 2023 & 2030 (%)
- Fig. 19 Sweet cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 20 Sour cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 21 Cherry market, by application: Key Takeaways
- Fig. 22 Cherry market: Application movement analysis, 2023 & 2030 (%)
- Fig. 23 Cherry market: Regional outlook, 2023 & 2030 (USD Billion)
- Fig. 24 Regional marketplace: Key takeaways
- Fig. 25 North America Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 26 US Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 27 Canada Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 28 Mexico Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 29 Europe Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 30 UK Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 31 Germany Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 32 France Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 33 Italy Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 34 Spain Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 35 Asia Pacific Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 36 China Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 37 Japan Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 38 India Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 39 Australia & New Zealand Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 40 South Korea Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 41 Central & South America Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 42 Brazil Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 43 Middle East & Africa Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 44 UAE Cherry market estimates and forecast, 2018 - 2030 (USD Billion)
- Fig. 45 Key company categorization
- Fig. 46 Company market share analysis, 2023
- Fig. 47 Strategic framework of the Cherry market
