According to the report published by Zion Market Research, the global Fresh Cherries Market size was valued at USD 3.78 Billion in 2023 and is predicted to reach USD 5.16 Billion by the end of 2032. The market is expected to grow with a CAGR of 3.50% during the forecast period.
Fresh cherries are fruits that are abundant in vitamins and can be utilized for a variety of nutritional purposes. It has experienced an increase in prominence over the years due to its extensive array of applicable applications. Numerous individuals cultivate this fruit. However, this industry appears to be optimistic in the long term, as the increasing global exchange of eating patterns and products will increase the demand for this fruit.
Cherries are predominantly consumed fresh; however, they are also utilized in a variety of products, including alcoholic beverages, jams and juice, sweets and snacks, and cakes and bakeries. According to the world trade data, fresh cherries were the most transacted product in 2024, with an estimated value of US$ 3.72 billion and a ranking of 833.
The preservative industry is experiencing a decline as consumers worldwide transition to fresh fruits in order to maintain a healthful lifestyle. This is an essential factor that influences the demand for Cherries in the market. Globally, revenue increases as a result of an increase in consumer health consciousness. The global Fresh Cherries Market is experiencing a surge in popularity due to the numerous health benefits that cherries possess.
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The global market’s expansion is significantly influenced by the increasing use of fresh cherries in alcoholic beverages, dairy beverages, salads, preserves, and ice creams. Cherries are a rich source of vitamin A, vitamin C, anthocyanins, calcium, carotenoids, iron, and proteins, all of which are beneficial for cardiovascular health, weight loss, cholesterol reduction, and blood sugar regulation. This is another factor that is likely to stimulate global market growth. The global market is expected to experience growth due to a growing population, increasing disposable income, and a growing preference for fresh fruits and vegetables among individuals.
Cherries are organic products that are rich in nutrients and can be utilized to satisfy a diverse range of nutritional requirements. It has captivated the attention of numerous individuals over the years as a result of its extensive array of applications. This natural product is manufactured by an extensive array of organizations, the majority of which are situated in China. Nevertheless, the future of this industry appears promising, as the global exchange of dietary patterns and commodities will increase the demand for this organic commodity.
The fresh cherry market is anticipated to experience a compound annual growth rate (CAGR) of 5.2% during the forecast period.
Cherries are an excellent source of calcium, iron, magnesium, potassium, and vitamin C. It is composed of a variety of beneficial phytonutrients with favorable health effects, as well as carbohydrates, protein, vitamin C, calcium, potassium, iron, magnesium, and fiber. Fresh cherries support cognitive functions by preventing oxidative damage in brain cells, lower the risk of cancer, reduce muscle sourness, and aid heart health. Additionally, they prevent gout.
The Food and Agriculture Organization (FAO) reports that Turkey, the United States, Chile, Uzbekistan, and Iran are the primary producers of fresh cherries worldwide, with a combined total of 689,834 metric tons. The following countries contributed 343,190 metric tons, 325,048.6 metric tons, 213,600 metric tons, and 156,134.13 metric tons in 2021, respectively.
An increase in the demand for imported cherries that are larger and sweeter, such as “cheery grand” and “cheery treat,” can be attributed to the significant shift in demand for fresh sweet cherries from soft and sour varietals that are susceptible to weather fluctuations and storage conditions.
There has been a general increase in demand for fresh cherries as a result of a developing trend toward health consciousness and a surge in the consumption of fresh beverages, such as smoothies. This is further substantiated by the fact that the average price of a ton of cherries in Marseille and Paris, France, has increased to USD 3607.94. This increase is purely due to the expansion of the cultivation of premium-quality sweet cherries and innovative varieties.
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Full airfreight access to China is advantageous for Australian producers.
Several strategies are being funded by organizations in the new cherries industry in order to increase their net revenues. Organizations are currently emphasizing Asia Pacific nations, including China, in order to facilitate access to new cherries, in addition to the Middle East, Africa, and Europe. For instance, in order to expedite the introduction of innovative commodities to the market, Australian partners have consented to finalize airfreight entry into China. This arrangement has generally been well-received by Chinese consumers.
China is currently conducting a variety of studies to ascertain whether the airfreight arrangement has been advantageous to all parties involved in the value chain. Consequently, organizations in the new cherry market are intentionally enhancing cherry accessibility by incorporating insights from these overviews. After obtaining access to Australia’s entire period of cherry accessibility, Chinese brokers are progressively benefiting. China’s stockpile opportunities for high-quality imported organic products have increased as a result of the expanding selection of cherry options.
Cosmetology applications are experiencing growth in the fresh cherry market:
Cosmetics and hygiene products are in high demand on a global scale. Fresh cherries are frequently used as an element in hygiene and cosmetics. Cherries are advantageous for the epidermis due to their anti-inflammatory properties. Additionally, they are an excellent source of beta carotene, which is contributing to the rise in demand for fresh cherries. Given this, it is anticipated that the personal and cosmetics industry will experience growth. Personal care and beauty products are also more appealing to male consumers. This is regarded as a positive development for the market as a whole.
Consumers in the United States spent approximately US$ 139 million on personal and cosmetic care items in 2023, with male consumers spending approximately US$ 1.3 million, according to the U.S. Commercial Service Industry & Analysis (I&A). New opportunities for fresh cherry market participants will arise as a result of the increased sales of personal care and cosmetic products.
Global Fresh Cherries Market: Competitive Players
Key players of the global fresh cherries market include:
- Rainier Fruit Co.
- Leelanau Fruit Co.
- Vitin Fruits
- Dell’s Marachino Cherries
- The Global Green Co. Ltd.
- Alacam Tarim
- Hood River Cherry Co.
- Smelterz Orchard Co.
- BEL’EXPORT NV among others.
The Global Fresh Cherries Market is segmented as follows:
By Sales channel
- traditional grocery stores
- modern trade
- online channels
- convenience stores
- various retail formats including direct sales
By Taste
- sour
- sweet
By Application
- Dairy beverages
- direct consumption
- jellies
- ice creams
- alcoholic beverages
- and salads
Global Fresh Cherries Market: Regional Segment Analysis
- North America The U.S.
- Europe The UK France Germany
- The Asia Pacific China Japan India
- Latin America Brazil
- The Middle East and Africa
The Asia-Pacific region is the fastest-growing market.
In 2021, the Asia-Pacific region was the fastest-growing market for fresh cherries, with Hong Kong and Australia accounting for the majority of the overall market. The total export volume was 238,373 metric tons and 3,909 metric tons, respectively.
Cherries are a significant daily fresh fruit in China, with significant imports from Chile. This is primarily due to the zero-policy free trade agreement that was signed between the two countries in 2021 and the fact that the ripening period in Chile is sufficient between November and January, which coincides with the Spring Festival that China celebrates.
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Import tariffs for cherries from the United States are as high as 70% as a result of the trade war’s impact. Consequently, in order to satisfy the expanding domestic demand, China has broadened its import base to include new markets, including Kyrgyzstan, Uzbekistan, and Tajikistan.. As a consequence, China has increased its imports from a few additional nations, such as Kyrgyzstan, Uzbekistan, and Tajikistan, in order to satisfy its expanding domestic demand. High-quality cherries are cultivated without the use of excessive pesticides.
Hong Kong has experienced an increase in demand for regional varieties that convey a premium quality image, as indicated by a 2020 report by the United States Department of Agriculture (USDA). For instance, Tasmanian cherries, which are priced between USD 50 and $100 during the New Year, are in high demand, despite the exorbitant pricing. It is anticipated that the fresh cherries market in Asia will be further stimulated by all of these factors during the forecast period.
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