Market Size of Plums and Sloes Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
CAGR | 11.20 % |
Fastest Growing Market | Europe |
Largest Market | Asia Pacific |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Plums and Sloes Market Analysis
The market for plums and sloes is estimated to grow at a CAGR of 11.2%, during the forecast period (2020-2025).
- Asia-Pacific dominated the market in the year 2019, with China contributing a major chunk of the share in the region. The production of "Hei Bulin" plums has been gaining traction with a higher area under plantation in regions such as Yongtai and Guangdong, among others. Additionally, the ongoing emphasis of the government on improving the domestic value chain and improve the quality as well as industry standardization, is expected to drive production in China, during the forecast period.
- Europe was the fastest growing region in the fresh plums and sloes market, globally. Inclination of the consumers towards sweeter plums and newer varieties as a deviation from traditional plums are providing a boost to the overall consumption in the region.
Plums and Sloes Industry Segmentation
Plum is a fruit of the genus Prunus and Sloe or Blackthorn belongs to the rose family Rosaceae. The plums and sloes market is segmented based on geography covering all the major countries indulged in the production, consumption, import, and import of the fruits, globally. The study period considered for the report is 2016-2019 and the forecast period is 2020-2025.
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Plums and Sloes Market Size Summary
The plums and sloes market is experiencing significant growth, driven by increasing consumer demand and strategic agricultural practices. The Asia-Pacific region, particularly China, holds a dominant position in the global market, with substantial contributions from areas like Yongtai and Guangdong. The cultivation of "Hei Bulin" plums is gaining popularity, supported by government initiatives aimed at enhancing the domestic value chain and standardizing industry practices. This focus on quality and production standards is expected to further boost the market in China. Meanwhile, Europe is witnessing rapid growth in the fresh plums and sloes sector, with consumers showing a preference for sweeter varieties and new hybrids, which is enhancing overall consumption in the region.
Globally, the Asia-Pacific region commands the largest market share, with China leading the charge, followed by Hong Kong. The production of plums and sloes in protected conditions, such as greenhouses, has contributed to increased yield and value, with prices significantly higher than conventionally grown varieties. In Europe, the demand for plums with higher sugar content is rising, and new varieties like the Pluot are gaining popularity, particularly in France and Chile. However, seasonal demand fluctuations pose challenges to consistent consumption levels. Despite these challenges, the market is poised for continued expansion, supported by strategic agricultural developments and evolving consumer preferences.
Plums and Sloes 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
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2.1.1.1.3 Import Market Analysis (Value & Volume)
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2.1.1.1.4 Export Market Analysis (Value & Volume)
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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
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2.1.1.2.3 Import Market Analysis (Value & Volume)
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2.1.1.2.4 Export Market Analysis (Value & Volume)
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2.1.1.2.5 Price Trend Analysis
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2.1.2 Europe
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2.1.2.1 Romania
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2.1.2.1.1 Production Analysis
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2.1.2.1.2 Consumption Analysis
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2.1.2.1.3 Import Market Analysis (Value & Volume)
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2.1.2.1.4 Export Market Analysis (Value & Volume)
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2.1.2.1.5 Price Trend Analysis
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2.1.2.2 Serbia
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2.1.2.2.1 Production Analysis
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2.1.2.2.2 Consumption Analysis
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2.1.2.2.3 Import Market Analysis (Value & Volume)
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2.1.2.2.4 Export Market Analysis (Value & Volume)
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2.1.2.2.5 Price Trend Analysis
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2.1.2.3 Italy
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2.1.2.3.1 Production Analysis
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2.1.2.3.2 Consumption Analysis
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2.1.2.3.3 Import Market Analysis (Value & Volume)
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2.1.2.3.4 Export Market Analysis (Value & Volume)
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2.1.2.3.5 Price Trend Analysis
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2.1.2.4 France
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2.1.2.4.1 Production Analysis
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2.1.2.4.2 Consumption Analysis
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2.1.2.4.3 Import Market Analysis (Value & Volume)
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2.1.2.4.4 Export Market Analysis (Value & Volume)
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2.1.2.4.5 Price Trend Analysis
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2.1.2.5 Russia
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2.1.2.5.1 Production Analysis
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2.1.2.5.2 Consumption Analysis
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2.1.2.5.3 Import Market Analysis (Value & Volume)
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2.1.2.5.4 Export Market Analysis (Value & Volume)
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2.1.2.5.5 Price Trend Analysis
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2.1.2.6 Spain
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2.1.2.6.1 Production Analysis
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2.1.2.6.2 Consumption Analysis
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2.1.2.6.3 Import Market Analysis (Value & Volume)
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2.1.2.6.4 Export Market Analysis (Value & Volume)
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2.1.2.6.5 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
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2.1.3.1.3 Import Market Analysis (Value & Volume)
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2.1.3.1.4 Export Market Analysis (Value & Volume)
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2.1.3.1.5 Price Trend Analysis
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2.1.3.2 Hong Kong, China
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2.1.3.2.1 Production Analysis
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2.1.3.2.2 Consumption Analysis
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2.1.3.2.3 Import Market Analysis (Value & Volume)
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2.1.3.2.4 Export Market Analysis (Value & Volume)
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2.1.3.2.5 Price Trend Analysis
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2.1.3.3 India
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2.1.3.3.1 Production Analysis
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2.1.3.3.2 Consumption Analysis
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2.1.3.3.3 Import Market Analysis (Value & Volume)
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2.1.3.3.4 Export Market Analysis (Value & Volume)
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2.1.3.3.5 Price Trend Analysis
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2.1.3.4 Australia
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2.1.3.4.1 Production Analysis
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2.1.3.4.2 Consumption Analysis
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2.1.3.4.3 Import Market Analysis (Value & Volume)
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2.1.3.4.4 Export Market Analysis (Value & Volume)
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2.1.3.4.5 Price Trend Analysis
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2.1.4 South America
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2.1.4.1 Chile
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2.1.4.1.1 Production Analysis
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2.1.4.1.2 Consumption Analysis
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2.1.4.1.3 Import Market Analysis (Value & Volume)
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2.1.4.1.4 Export Market Analysis (Value & Volume)
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2.1.4.1.5 Price Trend Analysis
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2.1.4.2 Argentina
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2.1.4.2.1 Production Analysis
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2.1.4.2.2 Consumption Analysis
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2.1.4.2.3 Import Market Analysis (Value & Volume)
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2.1.4.2.4 Export Market Analysis (Value & Volume)
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2.1.4.2.5 Price Trend Analysis
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2.1.5 Africa and Middle East
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2.1.5.1 Morocco
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2.1.5.1.1 Production Analysis
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2.1.5.1.2 Consumption Analysis
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2.1.5.1.3 Import Market Analysis (Value & Volume)
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2.1.5.1.4 Export Market Analysis (Value & Volume)
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2.1.5.1.5 Price Trend Analysis
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2.1.5.2 South Africa
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2.1.5.2.1 Production Analysis
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2.1.5.2.2 Consumption Analysis
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2.1.5.2.3 Import Market Analysis (Value & Volume)
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2.1.5.2.4 Export Market Analysis (Value & Volume)
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2.1.5.2.5 Price Trend Analysis
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Plums and Sloes Market Size FAQs
What is the current Plums and Sloes Market size?
The Plums and Sloes Market is projected to register a CAGR of 11.20% during the forecast period (2024-2029)
Which is the fastest growing region in Plums and Sloes Market?
Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029).