Global Fruit and Nut Farming Market: Robust Growth Fueled by Agribot Adoption

Fruit And Nut Farming Market Report 2023

Fruit And Nut Farming Global Market Report 2023

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The market size of global fruit and nut farming market is expected to grow to $1,890.07 billion in 2027 at a CAGR of 11.7%.”
— The Business Research Company

LONDON, GREATER LONDON, UK, December 4, 2023 /EINPresswire.com/ -- The global fruit and nut farming market has witnessed substantial growth, surging from $1,081.1 billion in 2022 to $1,214.3 billion in 2023, marking a noteworthy compound annual growth rate (CAGR) of 12.3%. Projections indicate a continued upward trajectory, with the market anticipated to reach $1,890.07 billion by 2027, driven by an expected CAGR of 11.7%.

Agribots Address Labor Shortages and Propel Efficiency

The escalating demand for advanced agricultural tools, coupled with a shortage of labor in numerous countries, has catalyzed the adoption of agriculture robots, commonly known as agribots. These robots play a pivotal role in various farm activities, including pruning, weeding, and pesticide and herbicide spraying. Connected to tractors, agribots facilitate tasks such as spraying water, seeds, pesticides, nutrients, and harvesting. An illustrative example is the Energid Citrus Picking Robot System, capable of picking an orange every two seconds, significantly enhancing productivity and mitigating the reliance on manual labor.

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Key Players Steering the Fruit and Nut Farming Market

Major companies influencing the fruit and nut farming market landscape include Total Produce plc, Fresh Del Monte Produce Inc., Chiquita Brands International Sarl, Olam International, Ocean Spray Cranberries Inc., Blue Diamond Growers, Sunkist Growers Inc., Soufflet SA, Costa Group Holdings Ltd., and Yuan Longping High-Tech Agriculture Co. Ltd.

Regional Dynamics and Market Segmentation Overview

In 2022, Asia-Pacific emerged as the dominant region in the fruit and nut farming market, with Western Europe securing the second-largest position. The global fruit and nut farming market analysis comprehensively covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Insights into Market Segmentation

The global fruit and nut farming market is segmented -

1) By Type: Orange Groves, Citrus Groves, Noncitrus Fruit And Tree Nut Farming

2) By Application: Hypermarkets/Supermarkets, Convenience Stores, Other Applications

3) By Farming Process: Organic Fruit And Nut Farming, Traditional Farming

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Fruit And Nut Farming Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Fruit And Nut Farming Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on fruit and nut farming market size, fruit and nut farming market drivers and trends, fruit and nut farming market major players, fruit and nut farming market competitors' revenues, fruit and nut farming market positioning, and fruit and nut farming market growth across geographies. The fruit and nut farming market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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