Market Size of Persimmons Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.89 Billion |
| Market Size (2029) | USD 1.20 Billion |
| CAGR (2024 - 2029) | 6.16 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Persimmon Market Analysis
The Persimmons Market size is estimated at USD 0.89 billion in 2024, and is expected to reach USD 1.20 billion by 2029, growing at a CAGR of 6.16% during the forecast period (2024-2029).
- The rise in demand due to the nutritive value of persimmons fruits and their high export value are the prime drivers of the market. Persimmons contain Vitamins A, C, K, and antioxidant properties that help increase insulin responsiveness and reduce oxidative stress. Persimmons can be used to make a variety of items, including baked foods (cookies, cakes, etc.), custards, ice creams, preserves, puddings, and pulp.
- Persimmon leaves are used to make herbal teas as well. This fruit helps in weight loss and increases immunity. Dried persimmons are another processing technique that can add value to the crop. Therefore, the utilization of dried persimmons in various applications provides lucrative growth opportunities to the market.
- According to the Food and Agriculture Organization (FAO), China, South Korea, Azerbaijan, Japan, and Brazil are the major producer of persimmon across the globe contributing 3,429.4 thousand metric tons, followed by 200.6 thousand metric tons, 192.4 thousand metric tons, 187.9 thousand metric tons, and 170.2 thousand metric tons, respectively, during the year 2021.
- China is the leading persimmons-producing country with more than half of the world's production share. The Japanese variety is the most commonly harvested persimmon in China. The second leading persimmon producer in the world is South Korea. The agricultural industry in these countries is actively trying to improve persimmon production as part of a strategy to significantly increase persimmon exports.
Persimmon Industry Segmentation
Persimmon is an edible fruit (a berry, specifically) that grows on a variety of trees in the genus Diospyros. Persimmons can be eaten fresh, dried, or cooked and are commonly used around the world in jellies, drinks, pies, curries, and puddings.
The persimmons market is segmented based on geography into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. The report offers an analysis of production (volume), consumption (value and volume), import (value and volume), export (value and volume), and price trend analysis.
The report offers market size and forecasts in terms of value (USD thousand) and volume (metric ton) for all the above segments.
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Persimmons Market Size Summary
The persimmons market is poised for significant growth, driven by the fruit's high nutritional value and substantial export potential. Rich in vitamins and antioxidants, persimmons are increasingly sought after for their health benefits, including weight loss and immunity enhancement. The fruit's versatility in culinary applications, from baked goods to herbal teas, further bolsters its market appeal. The demand for dried persimmons adds another layer of opportunity, as this processing technique enhances the fruit's value. Major producing countries like China, South Korea, Azerbaijan, Japan, and Brazil dominate the global market, with China leading in production and export. The strategic focus on improving production and export capabilities in these regions underscores the market's robust growth trajectory.
The export market for persimmons is thriving, with countries like Spain, Azerbaijan, and Uzbekistan leading in exports due to high demand and favorable pricing in importing nations such as Germany and the United States. The high export value is attributed to the fruit's nutritional and bioactive properties, which are increasingly utilized in new food product developments. The Asia-Pacific region, particularly China and Japan, remains the largest producer, accounting for a significant portion of global production. Innovations in breeding, trade models, and post-harvest treatments are driving market expansion, particularly in China. Additionally, supportive agricultural policies in Europe and China aim to enhance sustainable production and rural development, further contributing to the market's positive outlook.
Persimmons 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 Analysis
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 North America
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2.1.1.1 United States
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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 Market Analysis (Volume and Value)
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2.1.1.1.4 Export Market Analysis (Volume and Value)
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2.1.1.1.5 Price Trend Analysis
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2.1.1.2 Canada
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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 Market Analysis (Volume and Value)
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2.1.1.2.4 Export Market Analysis (Volume and Value)
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2.1.1.2.5 Price Trend Analysis
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2.1.1.3 Mexico
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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 Market Analysis (Volume and Value)
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2.1.1.3.4 Export Market Analysis (Volume and Value)
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2.1.1.3.5 Price Trend Analysis
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2.1.2 Europe
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2.1.2.1 Spain
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2.1.2.1.1 Production Analysis
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2.1.2.1.2 Consumption Analysis and Market Value
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2.1.2.1.3 Import Market Analysis (Volume and Value)
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2.1.2.1.4 Export Market Analysis (Volume and Value)
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2.1.2.1.5 Price Trend Analysis
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2.1.2.2 Italy
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2.1.2.2.1 Production Analysis
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2.1.2.2.2 Consumption Analysis and Market Value
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2.1.2.2.3 Import Market Analysis (Volume and Value)
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2.1.2.2.4 Export Market Analysis (Volume and Value)
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2.1.2.2.5 Price Trend Analysis
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2.1.3 Asia-Pacific
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2.1.3.1 China
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2.1.3.1.1 Production Analysis
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2.1.3.1.2 Consumption Analysis and Market Value
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2.1.3.1.3 Import Market Analysis (Volume and Value)
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2.1.3.1.4 Export Market Analysis (Volume and Value)
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2.1.3.1.5 Price Trend Analysis
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2.1.3.2 Japan
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2.1.3.2.1 Production Analysis
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2.1.3.2.2 Consumption Analysis and Market Value
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2.1.3.2.3 Import Market Analysis (Volume and Value)
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2.1.3.2.4 Export Market Analysis (Volume and Value)
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2.1.3.2.5 Price Trend Analysis
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2.1.3.3 South Korea
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2.1.3.3.1 Production Analysis
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2.1.3.3.2 Consumption Analysis and Market Value
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2.1.3.3.3 Import Market Analysis (Volume and Value)
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2.1.3.3.4 Export Market Analysis (Volume and Value)
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2.1.3.3.5 Price Trend Analysis
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2.1.4 South America
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2.1.4.1 Brazil
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2.1.4.1.1 Production Analysis
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2.1.4.1.2 Consumption Analysis and Market Value
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2.1.4.1.3 Import Market Analysis (Volume and Value)
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2.1.4.1.4 Export Market Analysis (Volume and Value)
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2.1.4.1.5 Price Trend Analysis
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2.1.4.2 Chile
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2.1.4.2.1 Production Analysis
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2.1.4.2.2 Consumption Analysis and Market Value
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2.1.4.2.3 Import Market Analysis (Volume and Value)
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2.1.4.2.4 Export Market Analysis (Volume and Value)
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2.1.4.2.5 Price Trend Analysis
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2.1.5 Middle-East and Africa
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2.1.5.1 Israel
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2.1.5.1.1 Production Analysis
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2.1.5.1.2 Consumption Analysis and Market Value
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2.1.5.1.3 Import Market Analysis (Volume and Value)
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2.1.5.1.4 Export Market Analysis (Volume and Value)
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2.1.5.1.5 Price Trend Analysis
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2.1.5.2 Iran
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2.1.5.2.1 Production Analysis
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2.1.5.2.2 Consumption Analysis and Market Value
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2.1.5.2.3 Import Market Analysis (Volume and Value)
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2.1.5.2.4 Export Market Analysis (Volume and Value)
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2.1.5.2.5 Price Trend Analysis
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Persimmons Market Size FAQs
How big is the Persimmons Market?
The Persimmons Market size is expected to reach USD 0.89 billion in 2024 and grow at a CAGR of 6.16% to reach USD 1.20 billion by 2029.
What is the current Persimmons Market size?
In 2024, the Persimmons Market size is expected to reach USD 0.89 billion.
