Tart Cherry Market is valued at USD 648.0 Million in 2021 and is expected to reach USD 730.2 Million by 2028 with a CAGR of 1.72% over the forecast period.
Tart Cherry Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2029. Increasing demand for tart cherries juice due to its health benefits is expected to drive the growth of the Global Tart Cherry Market.
Montmorency tart cherries, also known as sour cherries, are bright red when harvested, and they retain that bold color when dried, frozen, or juiced. The majority of Montmorency tart cherries are enjoyed dried, frozen, or as juice, alone or blended with other fruit juices. Its major health benefits include; rich in various nutrients, increasing strength, and reducing muscle soreness. Tart cherry juice may be a safe and effective way to treat insomnia and increase the amount of sleep at night. It is often claimed to reduce arthritis symptoms, such as joint pain and inflammation. It's also rich in many vitamins, minerals and beneficial plant compounds proved to offer a boosted immune system. Tart cherries are rich in anthocyanin and possess high antioxidant activity.
The global tart cherry market report is segmented on the basis of taste, application, distribution channel, and regional & country level. Based upon taste, the tart cherry market is classified into sweet and sour. Based upon application, the tart cherry market is classified into the bakery, jams, jellies, ice creams, salads, dairy beverages, direct consumption, alcoholic beverages, and others. Based upon distribution channels, the market is classified into modern trade, traditional grocery stores, convenience stores, online channels, direct sales, and others.
The regions covered in this Global Tart Cherry Market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of country level, the market of Tart Cherry is subdivided into the U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.
Global Tart Cherry Market Report covers prominent players who are
The production and consumption of cherries have increased in recent years owing to the increasing consumer awareness about their health benefits since they are rich in polyphenols. With the increased consumer awareness regarding the benefits of consuming cherries or processed cherry products, the production and marketing of cherry juice concentrate have grown consistently. Global sweet cherry production increased from the last 16 years from nearly 1.9 to 2.32 million tons. For example, in recent years Cheribundi, a leading producer of tart cherry juice products successfully launched the Cheribundi 7-Day Challenge, which encourages consumers to drink tart cherry juice for seven days in a row to experience the benefits of tart cherries. Demand for tart cherries and tart cherry products is expected to drive market growth. In addition, tart cherries are processed and can be stored as well as carried over from crop year to crop year, further impacting supply. However, supply and demand for tart cherries are rare which may hamper the growth of this market. Moreover, the increasing consumption of cherries in emerging countries will create lucrative opportunities for the growth of this market.
Europe is expected to hold a major share in the global tart cherries market in the forecast period. The production of tart cherry is 16.7% in Russia. Germany is the third-largest importer of cherries in the world after China and Russia. According to the German market between 54 and 68 % of the cherries are consumed in Germany. High-quality sweet and sour cherry cultivars suitable for the European market, around 40% of world cherry production originates from Europe.
North America is expected to be the second-largest region for this Market. In the U.S., with a share of the total production that often exceeds 75% of total U.S. harvest Tart cherries, which are mainly grown in the Northern Hemisphere, are harvested beginning July to early August in Poland, Germany, and Michigan, USA. Japan was the largest market for the U.S. in cherry exports followed by Canada and Taiwan. Japan is valued at USD 85.5 million or 39 % of the USD 221.4 million in total exports.
|Historical data||2016 - 2021|
|Forecast Period||2022 - 2029|
|Market Size in 2022:||USD 648.0 Million|
|Base year considered||2021|
|Forecast Period CAGR %:||1.72%|
|Market Size Expected in 2029:||USD 730.2 Million|
|Tables, Charts & Figures:||175|
|Key Players/Companies||Fruit Co, BEL’EXPORT NV, Hood River Cherry Co, Smelterz Orchard Co, The Global Green Co Ltd, AlacamTarim, Dell’s Maraschino Cherries, Vitin Fruits and Rainier Fruit Co. and others.|
|Segments Covered||By Taste, By Application, By Distribution Channel|
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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