The mango market will expand between 2023 and 2030 at a CAGR of 4.9 percent. A significant market potential is the growing government efforts and R&D work for mango cultivation. The development of the global mango market may be hampered by the strict laws and regulations governing the trading in mangoes.
Mangoes come in a variety of flavours and types. The fruit, which is popularly consumed in fresh, frozen, and canned versions, is a rich source of vitamins and minerals. The demand for the worldwide mango market is anticipated to be driven by the expanding uses of mango in the beverage sector, food processing, and confectionary products. However, seasonal availability as well as frequent insect and disease attacks might limit market expansion. .
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Drivers
Growth in the beverage industry
The major factor likely to support the growth of the global mango market is the increased product demand from the beverage industry in the upcoming years. Various large-scale food and beverage producers have introduced products based on mango into the market, such as Starbucks, McDonald’s and PepsiCo, among others. These brands largely use fruit extracts and purees in their smoothies and drinks. These drinks are in great demand among consumers, likely to leverage the mango market in the future positively.
High demand for mango puree owing to growing awareness regarding the use of organic products
Mango puree, often called mango pulp, is a smooth and thick product processed so that the insoluble fibrous parts of the ripe mangoes are broken up. It retains all fruit juice and a huge portion of the fibrous matter naturally, which is found naturally in raw fruit. Organic mango puree is in higher demand by consumers due to growing awareness regarding the usage of organic products. Mango puree is prepared from selected varieties of fresh mango fruit. The preparation process includes cutting, de-stoning, refining and packing.
Opportunity
Increase in government initiatives to create awareness regarding healthy eating habits
Mangoes offer plenty of health benefits as they contain vitamin C, an immune-boosting antioxidant that helps fight cancer and other diseases and complications. Mangoes help keep eyes and skin looking healthy as they contain vitamin A and keep the digestive system in good health by providing plenty of fiber. Moreover, mangoes contain potassium, which helps to regulate blood pressure. After looking after these benefits, various governments have taken many initiatives to create awareness among consumers for healthy eating habits, which is expected to create a host of opportunities for the global mango market.
Post-COVID-19 Impact on Global Mango Market
COVID-19 has affected the market to some extent. Due to the lockdown, the trade of mangoes worldwide was severely affected due to quarantine measures, influencing the market. Due to the change in many mandates and regulations, manufacturers can design and launch new products, which will help the market’s growth.
Global Mango Market Scope
Variety
- Alphonso
- Kesar
- Dashehari
- Neelum
- Totapuri
- Others
Packaging Size
- Less than 4 kg
- 4kg to 8 kg
- More than 8kg
Application
- B2B
- B2C
Distribution Channel
- Online
- Offline
TABLE OF CONTENT
1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of The Global Mango Market
1.4 Limitations
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
3 Executive Summary
TO BE CONTINUE…
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Competitive Landscape and Global Mango Market Share Analysis
Some of the major players operating in the global mango market are:
Devgadmango, Ratnagiri Alphonso Mango, Tropical Green Company, Dole Plc, Jayanthagrofarms, Mithuna Foods, Verde Fruits Company LLC, Muthalamada Mangoes, Freshmax Group, Delina Inc., All Seasons Fresh Produce, New Limeco, LLC, Coast Citrus, Premier Fresh Australia and Piñata Farms Operations Pty Ltd among others.
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