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Friday, February 24, 2023

Mango Market Is Expected to Grasp by , Size, Shares, Demand, Global Trends, Growth Value and Revenue Outlook

 The Global Mango Market survey report plays a vital role. This report lends a hand to recognize how the market is going to perform in the forecast years by giving information about market definition, classifications, applications, and engagements. Besides, market share analysis as well as key trend analysis is the key accomplishing factors in this market analysis report. Furthermore, this market report gives explanation about the detailed market analysis with inputs from industry experts. By absolutely understanding client’s requirements at the fullest and following them strictly, mango business report has been structured.

The mango market from 2023 to 2030, would rise at a CAGR of 4.9 percent. Government programmes and R&D efforts to improve mango cultivation have a huge market potential. The strict laws and rules governing mango commerce may impede the expansion of the world mango market. 

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Market Definition

Mango (Mangifera Indica), a member of the Anacardiaceae family, is one of the most significant and commonly produced tropical fruits. The mango tree is native to southern Asia, particularly Myanmar and India's Assam state and various cultivars have been developed. Mangos are high in vitamins A, C and D.

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.

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,
  • Premier Fresh Australia and
  • Piñata Farms Operations Pty Ltd among others.

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.

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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

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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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