Global Mango Market Size, Drivers, Trends, Opportunities And Strategies – Includes Mango Market Share
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Rapid e-commerce expansion is likely to stimulate innovation in mango manufacturing, driving the market throughout the forecast period.
The global mango market is expected to grow from $60.52 billion in 2022 to $63.79 billion in 2023 at a compound annual growth rate (CAGR) of 5.4%. The global mango market size is expected to reach $8.84 billion in 2027 at a CAGR of 7.1%.
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Global Mango Market Segments Include:
- By Type: Whole Fruit, Mango Pulp And Puree, Processed Mango Products
- By Nature: Conventional, Organic
- By Packaging Type: Bag, Pouches, Tray, Box, Other Packaging Types
- By Distribution Channel: Direct, Indirect
- By End User: Household, Food And Beverages Industry, Food Service Provider, Other End Users
- By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global mango market in 2021.
Major Market Players in the mango market include Fresh Del Monte, Capricorn Food Products India Ltd, Del Monte Foods, Freshmax Group, ABC Fruits, GG And Z Impe Group Pty Ltd, Allianz1 Globe Groups, Carabao mangoes, Ngowe Mango.
The introduction of multi-purpose processing devices has been a significant trend in the global mango processing market. Historically, accessible processing machines were employed for a single purpose (pulverising, mixing, steaming, pressure-cooking, and juice/oil/gel extraction), but no one piece of equipment can perform all of the aforementioned processes. The extraction of juice/pulp from various edible fruits is necessary for the manufacture of juices and other commodities (sauces, puree, ketchup, gel, and so on). Extraction of juice, pulp, essential oils, and essence from non-edible fruits with therapeutic advantages is another important source of raw materials for the Food Processing Industry, and apparatus is needed to extract juice and other components from the fruits. A portable multipurpose processing equipment can process a wide variety of herbal plants and fruits. It also serves as a huge pressure cooker with temperature control and an auto shut-off feature. There is also a condensation process for extracting essences and extracts. MPP machines use a single-phase motor and can process a wide range of fruits, herbs, and seeds. The machine is extremely simple to operate and may be controlled without the need for complicated instructions. It is easily transportable and can be taken to the raw material processing facility. ZTi Smart Machines, a Dutch manufacturer of fruit and vegetable processing equipment, will leverage their technology and invention in September 2022 to create machinery that reduces human repetitive work and makes operations easier, safer, more sustainable, efficient, and cost effective. This technique is fairly quick, as the machine can process up to 20 mangoes each minute.
The Mango Global Market Report 2023 provides a mango market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The mango market forecast analyzes mango market size, mango market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Mangoes are a type of fruit that has a fleshy outer part that surrounds a pit, or shell. Mango cultivars come in a variety of varieties. Depending on the cultivar, mango fruits vary in size, shape, skin, colour, sweetness, and flesh colour, which can be pale yellow, gold, green, or orange.
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