The development of new hybrid varieties, the expansion of contract farming, and the growing health advantages of apples drive the growth of the global market.
Additionally, the increased demand for organic apples is particularly notable in the United States and Europe, where consumers prioritize health and wellness.
Moreover, the rising demand for fresh food in emerging and developing countries, the health benefits of apples, and developments in logistics and e-commerce are some of the main factors driving this expansion.
Thus, apple prices will be around $2.03 per kilogram in 2028 with an estimated market size of $109.37 billion, growing at a CAGR of 2% during the forecast period 2023-2028.