Pear Market size to increase by USD 7.89 billion between 2022 to 2027 | The increasing online presence of market players drives market growth - Technavio

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Oct 18, 2023, 17:35 ET

NEW YORK, Oct. 18, 2023 /PRNewswire/ -- The Pear Market size is expected to grow by USD 7.89 billion, accelerating at a CAGR of 4.85% during the forecast period. The increasing online presence of companies is notably driving the pear market. However, factors such as high dependence on weather conditions may impede market growth. The market is segmented by Product (Asian pears and European pears), Distribution Channel (Offline and Online), and Geography (APAC, Europe, North America, Middle East and Africa, and South America). To know additional highlights and key points on various market segments and their impact in coming years, buy the report

Technavio has announced its latest market research report titled Global Pear Market 2023-2027

Pear Market 2023 – 2027: Key Segment Analysis
The offline segment is expected to contribute substantial market share to the pear market. Key distribution channels within this segment encompass hypermarkets, supermarkets, departmental stores, and convenience stores. Moreover, offline distribution channels play a significant role in organized retail, simplifying the purchasing process for consumers and offering a wide array of fresh fruit options, including various pear varieties. Prominent hypermarkets and supermarkets, such as Tesco Plc (Tesco) and Walmart Inc. (Walmart), provide a diverse selection of pears to choose from.

Technavio provides a comprehensive report summary describing the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Pear Market 2023 – 2027: Geographical Market Analysis

The Asia-Pacific (APAC) region is expected to play a significant role, contributing 76% to the global market's growth. This growth is driven by the increasing demand for healthy food, particularly in developing countries like India and China. Asian pears, rich in vitamins C and K, are a major contributor to this growth, offering skin-enhancing, immune-boosting, and digestive benefits. In traditional Chinese medicine, Asian pears are known for their cooling properties and are used for detoxification and alleviating various health symptoms, such as coughs and ulcers. These factors are propelling market growth in the APAC region.

Pear Market 2023 – 2027: Company Insights
The pear market is fragmented, and the companies are deploying organic and inorganic growth strategies to compete in the market. The report analyzes the market's competitive landscape and offers information on several market companies, including:

BEL EXPORT
Bridges Organic Produce
British Apples and Pears Ltd.
Dole Food Co. Inc.
Domex Superfresh Growers
Duckwall Fruit
Fruit Modena Group
Gilbert Orchards
Golden Bay Fruit
Johnson Orchards
Mcilrath Farms
Monson Fruit Co.
Orchard Fruit Co.
Rainier Fruit Co.
Sage Fruit Co.
Sloop Orchards
Stemilt Growers LLC
Underwood Fruit and Warehouse Co.
Washington Fruit Growers
West Valley U Pick

View FREE PDF Sample Report to find additional highlights on the growth strategies adopted by companies and their product offerings.

Related Reports:

Durian Fruit Market: The durian fruit market is estimated to grow at a CAGR of 8.12% between 2022 and 2027. The size of the market is forecast to increase by USD 9,891.81 million.

Fresh Cherries Market: The global fresh cherries market size is projected to increase by USD 23,764.23 million and the market size is estimated to grow at a CAGR of 8.32% between 2022 and 2027.

TOC:

Executive Summary
Market Landscape
Market Sizing
Historic Market Sizes
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Distribution Channel
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, & Trends
Company Landscape
Company Analysis
Appendix

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