Global Specialty Crops Market By Crop (Fruits, Vegetables, Nuts, Herbs, Spices & Others), By Nature (Organic & Conventional), By Purpose (Dairy, Bakery, Juices, Nectars & Fruit-Based Beverages, Patisserie, Soups, Sauces & Gravy and Others) By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) Industry Trends and Forecast to 2030.
Global Specialty Crops Market
Global Specialty Crops Market is expected to reach USD 982.17 billion by 2022, which will reach USD 1,203 billion in 2030, registering a CAGR of 2.6% during the forecast period 2023-2030.
Global Specialty Crops Market (including floriculture) are fruits and vegetables, nuts, dried fruits, and garden and nursery crops. They also include exotic plants that have grown in a specific area due to topographical and climatic features. A paradigm shift in consumer eating habits has been documented due to population growth and per capita disposable income, which directly affects the demand for healthy food. Other factors influencing the speciality crops market include increased urbanization, ethnic diversity, health concerns, and changes in demographics.
Market Drivers
Growing consumer interest in vegan, natural and healthy foods
As a conscious consumer, this is a particularly useful way of life because veganism would completely isolate you from dangerous antibiotics, hormones and fakes, a pervasive culture that ensures a longer shelf life for most animal products. As exports grow and the world shrinks, more preservatives and chemical formulations are used to ensure your food survives its journey. Veganism is also a non-violent lifestyle. Increased health awareness of people leads them to include healthier products such as herbs, spices and nuts in their diet.
Market Restraints
Speciality crops are particularly susceptible to foodborne disease for several reasons. Fully cleaning or sanitizing speciality crops can be difficult because they are often consumed raw or with minimal preparation, depending on the particular fruit or vegetable. As technology advances, things like liability and laws become more and more important. To minimize the risk of foodborne illness, speciality crop producers should be aware of regulations that may affect their business. For these reasons, food regulatory agencies such as the Food and Drug Administration ("FDA") and the Food Safety and Inspection Service ("FSIS") have maintained strict rules and regulations regarding the cultivation of this crop.
Market Opportunities
Development of agricultural technology. The innovative development of agricultural technology shapes agricultural practices and opens up new perspectives. This changed the way crops are grown and led to more efficient ways of managing resources. Technology has an undeniable impact on agriculture today. Scientists and engineers are always working hard to create new technologies that address problems in agriculture and crops. More automation is needed in the production of specialty crops, mainly because of rising labor costs and possible labor shortages. Technological advances are being made to solve these problems, as well as methods to collect and share information in innovative ways. Technologies such as high-tech agriculture, artificial intelligence technology in agriculture, robotics, drones, sensors, and many other technologies increase production and make agriculture more efficient, contributing to the growth of the global specialty crop market.
Market Segmentation
Global Specialty Crops Market is segmented on the basis of By Crop, By Nature, By Purpose
Based on the By Crop market is segmented into Fruits, Vegetables, Nuts, Herbs, Spices & Others. Further market is segmnetd into By Nature market is segmented into Organic & Conventional. By Purpose market is segmented into Dairy, Bakery, Juices, Nectars & Fruit-Based Beverages, Patisserie, Soups, Sauces & Gravy and Others.
Regional Analysis
Global Specialty Crops Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. Asia Pacific is expected to dominate the global speciality herbs market due to increased awareness about the health benefits of speciality plants, which is a major driver of the Asia Pacific speciality herbs market.
Key Players.
Various key players are listed in this report such as Banabay, Rice Fruit Company, Fisher Nut Company, Simped Foods Pty Ltd., SVZ Industrial Fruit & Vegetable Ingredients, Lamex Food Group Limited, Herbs N Spices International, Harbor Spice Co., Inc., Olam Group, Oregon Spice Company, Speciality Crop Company., INC.
Market Taxonomy
By Crop
• Fruits
• Vegetables
• Nuts
• Herbs
• Spices
By Nature
• Organic
• Conventional
By Purpose
• Dairy
• Bakery
• Juices
• Nectars & Fruit-Based Beverages
• Patisserie
• Soups
• Sauces & Gravy
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Specialty Crops Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Specialty Crops Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Specialty Crops Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Specialty Crops Market, By Crop
5.1 Y-o-Y Growth Comparison, By Crop
5.2 Global Specialty Crops Market Share Analysis, By Crop
5.3 Global Specialty Crops Market Size and Forecast, By Crop
5.3.1 Fruits
5.3.1 Vegetables
5.3.2 Nuts
5.3.3 Herbs
5.3.4 Spices
6 Global Specialty Crops Market, By Nature
6.1 Y-o-Y Growth Comparison, By Nature
6.2 Global Specialty Crops Market Share Analysis, By Nature
6.3 Global Specialty Crops Market Size and Forecast, By Nature
6.3.1 Organic
6.3.2 Conventional
7 Global Specialty Crops Market, By Purpose
7.1 Y-o-Y Growth Comparison, By Purpose
7.2 Global Specialty Crops Market Share Analysis, By Purpose
7.3 Global Specialty Crops Market Size and Forecast, By Purpose
7.3.1 Dairy
7.3.2 Bakery
7.3.3 Juices
7.3.4 Nectars & Fruit-Based Beverages
7.3.5 Patisserie
7.3.6 Soups
7.3.7 Sauces & Gravy
8 Global Specialty Crops Market, By Region
8.1 Global Specialty Crops Market Share Analysis, By Region
8.2 Global Specialty Crops Market Size and Forecast, By Region
8.3 Global Specialty Crops Market Trends and Forecast, By Region
9 North America Specialty Crops Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Specialty Crops Market Share Analysis, By Crop
9.3 North America Specialty Crops Market Size and Forecast, By Nature
9.4 North America Specialty Crops Market Size and Forecast, By Purpose
9.5 North America Specialty Crops Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Crop
9.5.1.2 Market Size and Forecast, By Nature
9.5.1.3. Market Size and Forecast, By Purpose
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Crop
9.5.2.2 Market Size and Forecast, By Nature
9.5.2.3. Market Size and Forecast, By Purpose
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Crop
9.5.3.2 Market Size and Forecast, By Nature
9.5.3.3. Market Size and Forecast, By Purpose
10 Europe Specialty Crops Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Specialty Crops Market Share Analysis, By Crop
10.3 Europe Specialty Crops Market Size and Forecast, By Nature
10.4 Europe Specialty Crops Market Size and Forecast, By Purpose
10.5 Europe Specialty Crops Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Crop
10.5.1.2 Market Size and Forecast, By Nature
10.5.1.3. Market Size and Forecast, By Purpose
10.5.2 France
10.5.2.1. Market Size and Forecast, By Crop
10.5.2.2 Market Size and Forecast, By Nature
10.5.2.3. Market Size and Forecast, By Purpose
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Crop
10.5.3.2 Market Size and Forecast, By Nature
10.5.3.3. Market Size and Forecast, By Purpose
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Crop
10.5.4.2 Market Size and Forecast, By Nature
10.5.4.3. Market Size and Forecast, By Purpose
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Crop
10.5.5.2 Market Size and Forecast, By Nature
10.5.5.3. Market Size and Forecast, By Purpose
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Crop
10.5.6.2 Market Size and Forecast, By Nature
10.5.6.3. Market Size and Forecast, By Purpose
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Crop
10.5.7.2 Market Size and Forecast, By Nature
10.5.7.3. Market Size and Forecast, By Purpose
11 Asia Pacific Specialty Crops Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Specialty Crops Market Share Analysis, By Crop
11.3 Asia Pacific Specialty Crops Market Size and Forecast, By Nature
11.4 Asia Pacific Specialty Crops Market Size and Forecast, By Purpose
11.5 Asia Pacific Specialty Crops Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Crop
11.5.1.2 Market Size and Forecast, By Nature
11.5.1.3. Market Size and Forecast, By Purpose
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Crop
11.5.2.2 Market Size and Forecast, By Nature
11.5.2.3. Market Size and Forecast, By Purpose
11.5.3 India
11.5.3.1. Market Size and Forecast, By Crop
11.5.3.2 Market Size and Forecast, By Nature
11.5.3.3. Market Size and Forecast, By Purpose
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Crop
11.5.4.2 Market Size and Forecast, By Nature
11.5.4.3. Market Size and Forecast, By Purpose
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Crop
11.5.5.2 Market Size and Forecast, By Nature
11.5.5.3. Market Size and Forecast, By Purpose
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Crop
11.5.6.2 Market Size and Forecast, By Nature
11.5.6.3. Market Size and Forecast, By Purpose
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Crop
11.5.7.2 Market Size and Forecast, By Nature
11.5.7.3. Market Size and Forecast, By Purpose
11.5.8. Malaysia
11.5.8.1. Market Size and Forecast, By Crop
11.5.8.2 Market Size and Forecast, By Nature
11.5.8.3. Market Size and Forecast, By Purpose
11.5.9. Rest of Asia
11.5.9.1. Market Size and Forecast, By Crop
11.5.9.2 Market Size and Forecast, By Nature
11.5.9.3. Market Size and Forecast, By Purpose
12 Latin America Specialty Crops Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Latin America Specialty Crops Market Share Analysis, By Crop
12.3 Latin America Specialty Crops Market Size and Forecast, By Nature
12.4 Latin America Specialty Crops Market Size and Forecast, By Purpose
12.5 Latin America Specialty Crops Market Size and Forecast, By Country
12.5.1 Brazil
12.5.1.1. Market Size and Forecast, By Crop
12.5.1.2 Market Size and Forecast, By Nature
12.5.1.3. Market Size and Forecast, By Purpose
12.5.2 Argentina
12.5.2.1. Market Size and Forecast, By Crop
12.5.2.2 Market Size and Forecast, By Nature
12.5.2.3. Market Size and Forecast, By Purpose
12.5.3. Colombia
12.5.3.1. Market Size and Forecast, By Crop
12.5.3.2 Market Size and Forecast, By Nature
12.5.3.3. Market Size and Forecast, By Purpose
12.5.4. Peru
12.5.4.1. Market Size and Forecast, By Crop
12.5.4.2 Market Size and Forecast, By Nature
12.5.4.3. Market Size and Forecast, By Purpose
12.5.5. Chile
12.5.5.1. Market Size and Forecast, By Crop
12.5.5.2 Market Size and Forecast, By Nature
12.5.5.3. Market Size and Forecast, By Purpose
12.5.6. Venezuela
12.5.6.1. Market Size and Forecast, By Crop
12.5.6.2 Market Size and Forecast, By Nature
12.5.6.3. Market Size and Forecast, By Purpose
12.5.7. rest of Latin America
12.5.7.1. Market Size and Forecast, By Crop
12.5.7.2 Market Size and Forecast, By Nature
12.5.7.3. Market Size and Forecast, By Purpose
13 Middle East Specialty Crops Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Middle East Specialty Crops Market Share Analysis, By Crop
13.3 Middle East Specialty Crops Market Size and Forecast, By Nature
13.4 Middle East Specialty Crops Market Size and Forecast, By Purpose
13.5 Middle East Specialty Crops Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.1.1. Market Size and Forecast, By Crop
13.5.1.2 Market Size and Forecast, By Nature
13.5.1.3. Market Size and Forecast, By Purpose
13.5.2 UAE
13.5.2.1. Market Size and Forecast, By Crop
13.5.2.2 Market Size and Forecast, By Nature
13.5.2.3. Market Size and Forecast, By Purpose
13.5.3 Egypt
13.5.3.1. Market Size and Forecast, By Crop
13.5.3.2 Market Size and Forecast, By Nature
13.5.3.3. Market Size and Forecast, By Purpose
13.5.4 Kuwait
13.5.4.1. Market Size and Forecast, By Crop
13.5.4.2 Market Size and Forecast, By Nature
13.5.4.3. Market Size and Forecast, By Purpose
13.5.5 South Africa
13.5.5.1. Market Size and Forecast, By Crop
13.5.5.2 Market Size and Forecast, By Nature
13.5.5.3. Market Size and Forecast, By Purpose
13.5.5 Rest of Middle East & Africa
13.5.6.1. Market Size and Forecast, By Crop
13.5.6.2 Market Size and Forecast, By Nature
13.5.6.3. Market Size and Forecast, By Purpose
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 Banabay
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Rice Fruit Company
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Fisher Nut Company
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. Simped Foods Pty Ltd.
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 SVZ Industrial Fruit & Vegetable Ingredients
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Lamex Food Group Limited
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 Herbs N Spices International,
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 Harbor Spice Co., Inc.,
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 Olam Group
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Oregon Spice Company
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
