Market Size of Asia Pacific Lime Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Market Size (2024) | USD 27.74 Billion |
Market Size (2029) | USD 31.69 Billion |
CAGR (2024 - 2029) | 2.70 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Lime Market Analysis
The Asia Pacific Lime Market size is estimated at USD 27.74 billion in 2024, and is expected to reach USD 31.69 billion by 2029, growing at a CAGR of 2.70% during the forecast period (2024-2029).
- China, India, and Japan are the largest markets for lemon in the Asia-Pacific market in 2019. India and China are major producers and consumers of lime in the region, whereas Japan is a major importer and lemon consumer.
- In Japan, domestic growers and other major exporting countries are promoting the sale of the lime in the market. They are creating awareness among the consumers about the health and nutritional benefits of the lime, and they also release some food recipes that can be made using lime, which is creating a demand for lime in the market. This is likely to increase the domestic demand for lime in Japan during the forecast period.
APAC Lime Industry Segmentation
Lime/Lemon is a citrus fruit which is used in various countries across Asia-Pacific. They are used as ingredients in various culinary recipes, particularly with seafood dishes. The Asia-Pacific lime market is analysed by production, consumption, trade (import and export), price and geography (India, China, and Japan).
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Asia Pacific Lime Market Size Summary
The Asia Pacific lime market is poised for steady growth, driven by significant demand in key countries such as China, India, and Japan. These nations represent the largest markets within the region, with China and India being major producers and consumers, while Japan stands out as a significant importer. The Japanese market is experiencing increased domestic demand due to efforts by local growers and international exporters to highlight the health benefits and culinary uses of lime. This promotional activity is expected to bolster lime consumption in Japan over the forecast period.
In terms of production, China and India have seen notable increases in lime cultivation, with specific regions like Andhra Pradesh, Telangana, and Maharashtra in India leading the way. However, the introduction of international lime varieties poses a challenge to domestic markets, prompting regions in China to cultivate local varieties to maintain competitiveness. Meanwhile, Japan's lime import market is dominated by countries such as the United States, Chile, and Mexico, which employ various marketing strategies to enhance their market presence. The growing lime-based cocktail sector in Japan further underscores the expanding market potential for lime in the region.
Asia Pacific Lime Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain / Supply Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 Asia-Pacific
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2.1.1.1 China
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2.1.1.1.1 Production Analysis
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2.1.1.1.2 Consumption Analysis and Market Value
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2.1.1.1.3 Import Analysis by Volume and Value
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2.1.1.1.4 Export Analysis by Volume and Value
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2.1.1.1.5 Price Trend Analysis
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2.1.1.2 India
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2.1.1.2.1 Production Analysis
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2.1.1.2.2 Consumption Analysis and Market Value
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2.1.1.2.3 Import Analysis by Volume and Value
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2.1.1.2.4 Export Analysis by Volume and Value
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2.1.1.2.5 Price Trend Analysis
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2.1.1.3 Japan
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2.1.1.3.1 Production Analysis
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2.1.1.3.2 Consumption Analysis and Market Value
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2.1.1.3.3 Import Analysis by Volume and Value
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2.1.1.3.4 Export Analysis by Volume and Value
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2.1.1.3.5 Price Trend Analysis
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Asia Pacific Lime Market Size FAQs
How big is the Asia Pacific Lime Market?
The Asia Pacific Lime Market size is expected to reach USD 27.74 billion in 2024 and grow at a CAGR of 2.70% to reach USD 31.69 billion by 2029.
What is the current Asia Pacific Lime Market size?
In 2024, the Asia Pacific Lime Market size is expected to reach USD 27.74 billion.