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Fresh Figs Market Size

Report ID: GMI6154
Published Date: Jul 2023
Report Format: PDF

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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.

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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.

Fresh Figs Market Report Attributes
Report Attribute	Details
Base Year:	2022
Fresh Figs 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:	Consumer awareness and health benefits Global shift to plant-based products Growing culinary interests
Pitfalls & Challenges:	Seasonal availability of fruits Perishability of fruits High prices on consumer end

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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.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market share of fresh figs was reached USD 1.3 billion in 2022 and is set to cross USD 2.4 billion by 2032, due to the surging consumer awareness regarding their health benefits and nutritional value.

Demand for black mission figs recorded USD 0.8 billion in 2022, owing to their adoption in various culinary applications, including salads, desserts, jams, and preserves.

The supermarket distribution channel segment is estimated to expand exponentially through 2032, driven by the increasing consumer preference.

U.S. market size crossed USD 0.81 billion in 2022 and is expected to expand at significant pace from 2023 to 2032, attributed to increasing consumer focus on health and wellness and seeking out nutritious and natural foods.