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Fresh Figs Market Size
Fresh Figs Market size was valued at USD 1.3 billion in 2022 and is estimated to witness 4.5% CAGR from 2023 to 2032. Growing consumer awareness about the health benefits and nutritional value of fresh figs is driving the demand for these fruits. Growing consumer awareness about the health benefits and nutritional value of fresh figs is driving the demand for these fruits.
Growing consumer awareness about the health benefits and nutritional value of fresh figs is driving the demand for these fruits. Figs are perceived as a nutritious and wholesome option that aligns with wellness trends and dietary preferences, such as plant-based diets and clean eating.
Report Attributes | Details |
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Base Year: | 2022 |
Market Size in 2022: | USD 1.3 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 4.5% |
2032 Value Projection: | USD 2.4 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 252 |
Segments covered: | Product type, Form, Distribution channel, End-use |
Growth Drivers: |
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Pitfalls & Challenges: |
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Fresh figs have gained popularity in international markets as well. The fresh figs market growth is led by factors like international cuisines, global trade, and increased availability of fresh produce in different regions, contributes to the overall demand for fresh figs.
Fresh figs have a limited growing season, typically from late summer to early fall. This seasonal availability poses a challenge in meeting year-round consumer demand and maintaining a consistent supply of fresh figs throughout the year. Fresh figs are highly perishable fruits and have a relatively short shelf life. They require careful handling, storage, and transportation to maintain their quality and freshness. Any mishandling or delay in the supply chain can result in spoilage and loss of product, affecting market availability. Factors such as seasonal supply variations, weather conditions, market demand, and competition can lead to price volatility. High prices may deter some consumers, while low prices may affect the profitability of growers and suppliers.
COVID-19 Impact
Restrictions on movement, transportation limitations, and border closures disrupted the flow of fresh figs from production regions to consumer markets. This caused delays in shipments, reduced availability, and increased transportation costs. The pandemic-induced disruptions in the fresh fig supply chain, along with changes in consumer demand, have resulted in price volatility. Fluctuations in supply and demand dynamics have affected the prices of fresh figs, with some periods experiencing price increases due to limited availability and others experiencing price decreases due to reduced demand.
Exporters of fresh figs faced challenges in accessing international markets due to travel restrictions, trade disruptions, and changing import regulations. With social distancing measures and limited access to physical stores, there has been a surge in online grocery shopping. This shift to online retail has impacted the fresh fig market as consumers increasingly turn to e-commerce platforms to purchase their food and groceries. Thus, the reduced number of COVID-19 cases and implementation of subsequent strategies by government and non-government organizations is set to drive the market revenue.
Fresh Figs Market Trends
There has been a global shift towards healthier eating habits and a preference for natural and organic foods. Fresh figs, with their rich nutritional profile and unique flavor, have gained popularity among health-conscious consumers. The demand for fresh figs is driven by their high fiber content, vitamins, minerals, and antioxidant properties. Figs have gained popularity in the culinary world, with chefs and food enthusiasts incorporating them into a wide range of dishes.
The unique taste and texture of fresh figs make them a versatile ingredient in both savory and sweet recipes. This culinary interest has contributed to increased consumer awareness and demand for fresh figs. There is a growing emphasis on sustainable agriculture and responsible farming practices. Many fig growers are adopting environmentally friendly cultivation methods, such as organic farming, to meet the increasing demand for sustainably produced fresh figs. This aligns with consumer preferences for ethically sourced and environmentally conscious products.
Fresh Figs Market Analysis
The fresh figs market from black mission figs held over USD 0.8 billion revenue in 2022. Black Mission figs are one of the most widely recognized and popular fig varieties. They have a dark purple or black skin and a sweet, rich flavor. Black Mission figs are commonly used in various culinary applications, including salads, desserts, jams, and preserves. They are popular in Mediterranean and American cuisines. Black Mission figs are one of the most widely recognized and popular fig varieties. They have a dark purple or black skin and a sweet, rich flavor.
Black Mission figs are commonly used in various culinary applications, including salads, desserts, jams, and preserves. They are popular in Mediterranean and American cuisines. Kadota figs have a pale green skin and a delicate, honey-like flavor. Kadota figs are commonly enjoyed fresh but can also be used in salads, desserts, and preserves.
The fresh whole figs segment accounted for 40% of the fresh fig market in 2022. Whole fresh figs, with the skin intact, are preferred by consumers who enjoy eating figs as a whole fruit. The demand for whole fresh figs is driven by factors such as their visual appeal, ease of consumption, and the desire for a natural and unprocessed fruit experience. Whole fresh figs, with the skin intact, are preferred by consumers who enjoy eating figs as a whole fruit. The demand for whole fresh figs is driven by factors such as their visual appeal, ease of consumption, and the desire for a natural and unprocessed fruit experience.
The fresh figs market size from direct consumption segment is anticipated to grow at 5.6% CAGR through 2032. Direct Consumption, Bakery and Confectionery, Dairy Products, Snacks and Cereals, Beverages (Smoothies, Juices), Culinary Applications, Others. The demand for fresh figs in the culinary sector is driven by the desire for unique flavors, gourmet ingredients, and the versatility of figs in different recipes.
The supermarket held the dominant fresh fig market share in 2022. Supermarkets and hypermarkets are major retail channels for fresh figs. These large-scale retail stores offer a wide range of produce, including fresh fruits like figs, to cater to the diverse needs of consumers. The distribution channels for fresh figs can vary based on regional factors, including the availability of figs, consumer preferences, and local market infrastructure. These channels work together to ensure that fresh figs reach consumers through various retail, direct-to-consumer, and foodservice avenues.
U.S. fresh figs market share was reached USD 0.81 billion in 2022. North American consumers are increasingly focused on health and wellness, seeking out nutritious and natural foods. Fresh figs are recognized for their high nutritional value, including fiber, vitamins, and minerals, which makes them an appealing choice for health-conscious consumers.
The North American culinary scene embraces diverse flavors and ingredients, and fresh figs are valued for their unique taste and versatility. Chefs and home cooks alike use fresh figs to add a touch of sweetness and complexity to dishes, driving the demand for this fruit.
Fresh Figs Market Share
Some of the major companies operating in the fresh figs market are:
- California Fig Advisory Board
- Valley Fig Growers
- Mafpack
- Hadley Fruit Orchards Inc
- Roland Foods LLC
- Meurens Natural S.A
- FruitLips Jiaherb Inc
- Athos Agricola S.A
- Earl's Organic Produce
- Alara Agri Isik Tarim A.S.
- Valley Fig Growers, Inc
These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.
Fresh Figs Industry Leaders
- In February 2023, Meurens Natural S.A. has introduced Natu-Figs, which are Kosher and Halal certified. The liquid product can be utilized as a sweetener, fruit flavor, and natural dark color.
- In October, 2022, FruitLips has created whole green figs in syrup for use on cheese platters or sliced on a pizza with blue cheese. There are no artificial Flavorrland, colorants, or preservatives in the product.
This fresh figs market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Units from 2018 to 2032, for the following segments:
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Market, By Product Type
- Black Mission Figs
- Brown Turkey Figs
- Kadota Figs
- Calimyrna Figs
- Adriatic Figs
- Other Fig Varieties
Market, By Form
- Fresh Whole Figs
- Dried Figs
- Fig Paste/Puree
- Fig Jam/Jelly
- Fig Syrup
Market, By End-use
- Direct Consumption
- Bakery and Confectionery
- Dairy Products
- Snacks and Cereals
- Beverages
- Smoothies
- Juices
- Culinary Applications
- Others
Market, By Distribution Channel
- Supermarkets and Hypermarkets
- Specialty Stores
- Online Retailers
- Foodservice Providers
- Others Distribution Channel
The above information has been provided for the following regions and countries:
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Spain
- Italy
- Russia
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Indonesia
- Malaysia
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
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