Spain Tropical Fruits Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 1.50 Billion |
| Market Size (2029) | USD 1.69 Billion |
| CAGR (2024 - 2029) | 2.49 % |
Major Players*Disclaimer: Major Players sorted in no particular order |
Spain Tropical Fruits Market Analysis
The Spain Tropical Fruits Market size is estimated at USD 1.5 billion in 2024, and is expected to reach USD 1.69 billion by 2029, growing at a CAGR of 2.49% during the forecast period (2024-2029).
- Spain is a large producer of fresh fruit, and its dominant role in the fresh sector has resulted in increasing imports with a larger volume from non-European countries and has the potential to become a trade hub for fresh produce from non-European countries.
- Spain holds 40.1% of Europe's area of fruit cultivation and has the highest production share in Europe in oranges (54%), small citrus fruit (67%), avocados (91%), watermelon (35%), peaches (37%), peppers (48%) and lemons (65%). Spain is growing an appetite for less traditional fruit and vegetables, which increases the need for imported products.
- Avocados represent the highest value in the Spanish imports of fresh fruit from non-European suppliers, making the country more attractive for international trade and as an access point into Europe. Spain is advancing in well-structured logistics and expanding services and packaging solutions.
- Various agricultural policies have paved the way for the development of the fresh produce supply chain at all levels, as it is a vital component of the overall strategy for addressing global market competition for oranges. This enhances the performance and competitiveness of the countries on the import and export front. The increased disposable income and high spending capacity on health and related products enable fresh produce sales in developed regions such as Europe and North America. In 2021, Egypt exported approximately 300,000 tons to EU countries, consolidating its position as the leading non-EU supplier in the Mediterranean, in direct competition with Spain.
- Thus, the factors such as increased demand from processing industries, increasing awareness of the health benefits of fruits, growing consciousness of health, and increasing incomes of consumers are propelling the growth of the market studied during the forecast period.
Spain Tropical Fruits Market Trends
This section covers the major market trends shaping the Spain Tropical Fruits Market according to our research experts:
Increasing Popularity Among Health-Conscious Consumers
With increasing urbanization, higher disposable incomes in developed countries, and increased awareness about healthy diets, people are shifting toward healthier diet plans, including fresh fruits. The increasing initiatives by the government to improve the health of consumers in developing countries have positively impacted the market for fruits like mangoes, avocados, and blueberries. The urban population is gradually becoming more aware of the origin and type of food consumed, including brands of avocado like Fruto Rojo-fusica and Yellow fruit. This has prompted growers to supply high-quality products and adopt different distribution channels like hypermarkets/supermarkets and online channels to meet the growing demands of consumers.
The dragon fruit has high water content and is a good source of iron, magnesium, B vitamins, phosphorus, protein, calcium, and fiber. The fruit's edible seeds are also nutritious, as they are high in polyunsaturated fats, like omega-3 and omega-6 fatty acids, which have been shown to lower the risk of cardiovascular disorders. Mango contains 99 calories, 1.4 grams of protein, 25 grams of carbs, and 0.6 grams of fat found in one cup of raw mango chunks (165g). Mangoes, particularly Osteen, Kent, Tommy Atkins, and Red Palme, are a great source of vitamin C, E, and folate.
Furthermore, fruits like avocado are rich in antioxidants which help to protect or delay the body's cells from damage from free radicals (which experts believe may be a cause of cancer, atherosclerosis, and other diseases). Henceforth, the shift toward a healthier diet from a conventional diet, along with the increased awareness among consumers for these fruits, is expected to drive the market during the forecast period.
Dragon Fruit Can Withstand Weather Fluctuation And Poor Soil
The dragon fruit is tolerant of drought, heat, and poor soil. It is also tolerant of cold. However, damage to the plant is apparent if temperatures dip below freezing for a long period of time, but the plant usually recovers quickly from shorter durations of freezing temperatures.
Due to this, dragon fruit is a particularly ideal plant that might produce in areas where other fruits and vegetables cannot. This fruit can be grown on a wide range of soils, from sandy loam to clay loam. Though the tropical climate is ideal for red skin red pulp dragon fruit cultivation, the sturdy crop can survive in any climatic condition favorable for flowering and fruiting and soil conditions provided with good drainage. Not much disease generally affects this plant. Common problems, like root rot, sunburn, and bird attacks, can be handled relatively easily. Therefore, many farmers are picking up dragon fruit cultivation in regions where it has never been cultivated. There is a potential for off-season dragon fruit production, including red skin red pulp variety.
Dragon fruits are relatively long-lived perennials and can produce their first fruits within one year of their establishment. It can continue to fruit annually for 20 to 30 years before with marginal care and cultural conditions. Hence, because these plants can be grown in relatively adverse conditions, in opposition to other fruits that require an optimum growth environment, their cultivation is steadily becoming more popular, thereby contributing to the market's growth.
Spain Tropical Fruits Market News
February 2022: SanLucar, a Spain-based company that grows bananas exclusively in Ecuador's coastal region of 'Los Ríos' partnered with vanWylick. Through modern, sustainable, and careful ripening technology, the company aims to address the fruit's needs and ripen the bananas in a controlled manner.
March 2021: Malaga-based company, Trops launched a campaign to promote avocado consumption in the Spanish market under the slogan "TROPS Avocado, the best avocado in the history of avocados".
July 2020: A group of Spanish and Portuguese pitaya producers set up the Andalusian Cooperative Society (SAC) 'Pitaya de Andalucía,' to promote the cultivation of this tropical fruit in the south of the Iberian Peninsula. This led to the increased domestic production and consumption of red-skin red pulp dragon fruit in the country.
Spain Tropical Fruits Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumption And Market Definition
- 1.2 Scope Of The Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
- 4.2 Market Drivers
- 4.3 Market Restraints
- 4.4 Value Chain Analysis
5. MARKET SEGMENTATION
- 5.1 Production Analysis (Volume)
- 5.2 Consumption Analysis (Value and Volume)
- 5.3 Import Analysis (Value and Volume)
- 5.4 Export Analysis (Value and Volume)
- 5.5 Price Trend Analysis
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablitySpain Tropical Fruits Industry Segmentation
Tropical fruits are a botanically diverse group of fruit indigenous to tropical regions in the country, such as mango, papaya, pineapple, banana, and many others. The market is analyzed for fresh fruits, and processed form is excluded from the study.
The report provides an in-depth analysis of various parameters of the Spanish tropical fruits market. The report includes a production analysis (volume), consumption analysis (volume and value), import analysis (volume and value), export analysis (volume and value), and price analysis of the tropical fruits market in the country. The fruits covered in the report are Dragon fruit, Banana, Avocado, Watermelon, and other fruit types. The report offers market size and forecasts in terms of value (USD thousand) and volume (metric ton) for all the above segments.
Spain Tropical Fruits Market Research FAQs
How big is the Spain Tropical Fruits Market?
The Spain Tropical Fruits Market size is expected to reach USD 1.50 billion in 2024 and grow at a CAGR of 2.49% to reach USD 1.69 billion by 2029.
What is the current Spain Tropical Fruits Market size?
In 2024, the Spain Tropical Fruits Market size is expected to reach USD 1.50 billion.
What years does this Spain Tropical Fruits Market cover, and what was the market size in 2023?
In 2023, the Spain Tropical Fruits Market size was estimated at USD 1.46 billion. The report covers the Spain Tropical Fruits Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Spain Tropical Fruits Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Spain Tropical Fruits Industry Report
Statistics for the 2024 Spain Tropical Fruits market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Spain Tropical Fruits analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
