Specialty Crops Market to Grow at a CAGR of 2.6% to reach US$ 1,203.81 Million from 2020 to 2027

    Specialty Crops Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Category (Organic and Conventional) and Crop Type (Fruits and Vegetables, Tree Nuts, Herbs and Spices, and Others) and Geography

    Publication Month: Feb 2021 | Report Code: TIPRE00015685 | No. of Pages: 127 | Category: Food and Beverages | Status: Published

    The specialty crops market was valued at US$ 982.17 million in 2019 and is projected to reach US$ 1,203.81 million by 2027; it is expected to grow at a CAGR of 2.6% from 2020 to 2027.

    Specialty crops refer to fruits and vegetables, tree nuts, dried fruits, horticulture, and nursery crops (including floriculture). They also include exotic crops that are specifically cultivated across a region due to climatic and topographical features. With the growing population, coupled with rise in per capita disposable income, a paradigm shift in consumer eating patterns have been observed, which has a direct impact on the demand for healthy and tasty food. Further, rapid urbanization, ethnic composition, health concerns, and changes in demographic features are other factors promoting the demand for specialty crops. The widening application scope of specialty crops, supportive government measures, and free trade policies are the key factors driving the specialty crops market. However, the environmental and trade barriers restrict the growth of the specialty crops market.

    In 2019, Asia Pacific held the largest share of the global specialty crops market. The region comprises several emerging countries, and owing to rising disposable income of the populace, the lifestyle of consumers is changing rapidly. Moreover, the influence of western lifestyle and rapid urbanization is propelling the growth of convenience foods in this region. Customers in the region are highly attracted to plant-based food products, which is further leading to the growth of the specialty crops market. In order to attain an optimum market share, companies in the region are implementing various technologies. For instance, companies in China are using accelerated ripening storage to satisfy market demand. Accelerated ripening guarantees the same color, smell, and taste similar to that of naturally ripened fruits. Many players have started to acknowledge the necessity and importance of accelerated ripening and have established accelerated ripening warehouses.

    COVID-19 first began in Wuhan, China in December 2019, and since then, it has spread across the globe. As of February 2021, the US, India, Brazil, Russia, the UK, France, Spain, Italy, Turkey, Germany, Colombia, and Argentina are some of the worst affected countries in terms of confirmed cases and reported deaths. According to the latest WHO figures, there are ~102,584,351 confirmed cases and ~2,222,647 total deaths globally. The coronavirus outbreak has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The agriculture industry is one of the major industries suffering serious disruptions, such as supply chain breaks, technology event cancellations, and office shutdowns, as a result of this outbreak. The shutdown of various plants and factories in North America, Europe, Asia Pacific, South America, and the Middle East & Africa has affected the global supply chain and negatively impacted the manufacturing, delivery schedules, and sales of various goods.

    The specialty crops market has been growing consistently over the last decade. However, the onset of the COVID-19 pandemic introduced unique challenges to the industry, which threatened its continued growth. Hence, various governments are offering support for the specialty crop farmers to regain the market momentum. For instance, as part of the Coronavirus Farm Assistance Program, the US Department of Agriculture (USDA) is providing vital financial support to producers of agricultural commodities who have suffered a 5% or more price decline or who had losses due to disruptions in market supply chain due to COVID-19. Thus, such favorable initiatives by the government are estimated to help the specialty crop market players.

    Global Specialty Crops Market

    Global Specialty Crops Market

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    Market Insights

    Supportive Government Measures and Free Trade Policies

    The growth of specialty crops is strongly supported by positive government initiatives, which include sales and marketing activities, plant pest and disease prevention, and research & development. For instance, the farm bill passed in 2018 (Agriculture Improvement Act of 2018) aimed at reauthorizing and extending current programs to promote the growth of several specialty crops, such as fruits and vegetables, tree nuts, and nursery products. The farm bill was implemented to offer support to specialty crop producers through Specialty Crop Block Grant Program and the Specialty Crops market News. Through such programs, USDA focuses on improving competitiveness and providing support in marketing, pest management, research, and food safety. The bill also acknowledges several trade issues revolving around specialty crops and offers technical as well as export assistance. Apart from this, a research institute—Specialty Crop Research Initiative (SCRI) has been formed with an intension to encourage collaboration, open communication, and exchange of information. In addition, government offered food assistance program to uplift specialty crop producers impacted by the COVID-19 pandemic. This assistance was offered to promote the growth of specialty crops, including horticulture, tree nuts, fruits and vegetables, and indigo. The USDA is reinforcing Coronavirus Food Assistance Program 2 for the producers suffering from market disruptions and fluctuations in prices. Further, in India, government has decided to offer 50% subsidies to poly or green house to promote the growth of nursery crops. Apart from government programs, free trade policies have also been implemented, which have significantly integrated supply chain processes resulting in effective trade activities with increased trade volumes and access to better quality, lower-priced goods.

    Category Insights

    Based on category, the global specialty crops market has been segmented into organic and conventional. The conventional segment led the global specialty crops market in 2019. Conventional farming is one of the most practiced farming methods that involve the use of synthetic fertilizers, pesticides, and other chemical compounds. The conventional farming technique is widely adopted among small and marginal farmers to obtain higher yield at a lower production cost. The technique runs in favor of the producers and cultivators as the yields are high in comparison to cost. Moreover, the lack of knowledge among farmers regarding the health and environmental benefits associated with organic farming is promoting the growth of the segment. However, there are several disadvantages related to this method. Crops cultivated using conventional methods contain chemical residues, due to the use of synthetic agrochemicals, which may be hazardous for animals and humans.

    Global Specialty Crops Market, by Category – 2019 & 2027

    Global Specialty Crops Market, by Category – 2019 & 2027

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    Crop Type Insights

    In terms of crop type, the global specialty crops market is segmented into fruits and vegetables, tree nuts, herbs and spices, and others. The fruits and vegetables segment dominated the global specialty crops market in 2019. Fruits and vegetables constitute a significant part of agricultural production and they are extensively cultivated round the year for both commercial and household purposes. The global demand for fruits and vegetables is high owing to their high nutritional profile. Apart from direct domestic consumption, these crops find their application in diversified end-use industries. The USDA has defined and categorized different fruits in specialty crops, which include apple, avocado, banana, blackberry, blueberry, breadfruit, cacao, cherimoya, cherry, chokeberry, citrus, coconut, coffee, cranberry, currant, date, feijoa fruit, fig, gooseberry, grape (incl. raisin), guava, kiwi, litchi, macadamia, mango, nectarine, and olive. It has also categorized different vegetables as specialty crops, which include artichoke, asparagus, beet, broccoli, carrot, cauliflower, celeriac, celery, chickpeas, chive, collards, cucumber, edamame, eggplant, endive, pea (garden, dry, edible), garlic, horseradish, kohlrabi, leek, lentils, and lettuce. Owing to rising consumer awareness regarding the health benefits associated with organic produce, the demand for specialty fruits and vegetables grown organically is also increasing. Additionally, rapid urbanization and shift in consumer preference toward healthy lifestyle have encouraged the adoption of fruits and vegetables in their diet, thereby promoting the growth of the segment.

    Strategic Insights

    Mergers and acquisition and research & development are commonly adopted strategies by companies to expand their footprint worldwide, which is further impacting the size of the market. The players present in the specialty crops market are implementing mergers and acquisition and research & development strategies to enlarge the customer base and to gain significant market share across the world, which also permits the players to maintain their brand name globally.

    Report Spotlights

    • Progressive industry trends in the global specialty crops market to help players develop effective long-term strategies
    • Business growth strategies adopted by developed and developing markets
    • Quantitative analysis of the global specialty crops market from 2017 to 2027
    • Estimation of global specialty crops demand across various industries
    • PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict the market growth
    • Recent developments to understand the competitive market scenario and global specialty crops demand
    • Market trends and outlook coupled with factors driving and restraining the growth of the global specialty crops market
    • Decision-making process by understanding strategies that underpin commercial interest with regard to global specialty crops market growth
    • Global specialty crops market size at various nodes of market
    • Detailed overview and segmentation of the global specialty crops market, as well as its dynamics in the industry
    • Global specialty crops market size in various regions with promising growth opportunities

    Global Specialty Crops Market – by Category

    • Organic
    • Conventional


    Global Specialty Crops Market – by Crop Type

    • Fruits And Vegetables
    • Tree Nuts
    • Herbs And Spices
    • Others


    Company Profiles

    • DIAMOND FRUIT CO.
    • Harbor Spice Co., Inc.
    • Olam International
    • Oregon Spice Company
    • The Specialty Crop Company
    • BanaBay Limited
    • Rice Fruit Company
    • Fisher Nut Company
    • Simped Foods Pty Ltd.
    • SVZ Industrial Fruit & Vegetable Ingredients

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Scope of the Study

    3.2 Research Methodology

    3.2.1 Data Collection:

    3.2.2 Primary Interviews:

    3.2.3 Hypothesis formulation:

    3.2.4 Macro-economic factor analysis:

    3.2.5 Developing base number:

    3.2.6 Data Triangulation:

    3.2.7 Country level data:

    4. Global Specialty Crops Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America

    4.2.2 Europe

    4.2.3 APAC

    4.2.4 MEA

    4.2.5 SAM

    4.3 Expert Opinion

    5. Specialty Crops Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Widening Application Scope of Specialty Crops

    5.1.2 Supportive Government Measures and Free Trade Policies

    5.2 Market Restraints

    5.2.1 Environmental and Trade Barriers

    5.3 Market Opportunities:

    5.3.1 Increasing demand of Organic and Vegan Products

    5.4 Future Trends:

    5.4.1 Rising adoption of Precision Agriculture in Specialty Crops

    5.5 Impact Analysis of Drivers and Restraints

    6. Specialty Crops – Global Market Analysis

    6.1 Specialty Crops Market Overview

    6.2 Specialty Crops Market –Revenue And Forecast To 2027 (US$ Billion)

    6.3 Competitive Positioning – Key Market Players

    7. Specialty Crops Market Analysis – By Category

    7.1 Overview

    7.2 Specialty Crop Market, By Category (2019 and 2027)

    7.3 Organic

    7.3.1 Overview

    7.3.2 Organic: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    7.4 Conventional

    7.4.1 Overview

    7.4.2 Conventional: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    8. Specialty Crops Market Analysis – By Crop Type

    8.1 Overview

    8.2 Specialty Crops Market, By Crop Type (2019 and 2027)

    8.3 Fruits and Vegetables

    8.3.1 Overview

    8.3.2 Fruits and Vegetables: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    8.4 Tree Nuts

    8.4.1 Overview

    8.4.2 Tree Nuts: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    8.5 Herbs and Spices

    8.5.1 Overview

    8.5.2 Herbs and Spices: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    8.6 Others

    8.6.1 Overview

    8.6.2 Others: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    9. Specialty Crops Market – Geographic Analysis

    9.1 Overview

    9.3 North America: Specialty Crops Market

    9.3.1 North America: Specialty Crops Market –Revenue and Forecast to 2027(US$ Billion)

    9.3.2 North America: Specialty Crops Market, by Category

    9.3.3 North America: Specialty Crops Market, by Crop Type

    9.3.4 North America: Specialty Crops Market, by Key Country

    9.3.4.1 US: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.3.4.1.1 US: Specialty Crops Market, by Category

    9.3.4.1.2 US: Specialty Crops Market, by Crop Type

    9.3.4.2 Canada: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.3.4.2.1 Canada: Specialty Crops Market, by Category

    9.3.4.2.2 Canada: Specialty Crops Market, by Crop Type

    9.3.4.3 Mexico: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.3.4.3.1 Mexico: Specialty Crops Market, by Category

    9.3.4.3.2 Mexico: Specialty Crops Market, by Crop Type

    9.4 Europe: Specialty Crops Market

    9.4.1 Europe: Specialty Crops Market –Revenue and Forecast to 2027(US$ Billion)

    9.4.2 Europe: Specialty Crops Market, by Category

    9.4.3 Europe: Specialty Crops Market, by Crop Type

    9.4.4 Europe: Specialty Crops Market, by Key Country

    9.4.4.1 Germany: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.4.4.1.1 Germany: Specialty Crops Market, by Category

    9.4.4.1.2 Germany: Specialty Crops Market, by Crop Type

    9.4.4.2 France: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.4.4.2.1 France: Specialty Crops Market, by Category

    9.4.4.2.2 France: Specialty Crops Market, by Crop Type

    9.4.4.3 Italy: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.4.4.3.1 Italy: Specialty Crops Market, by Category

    9.4.4.3.2 Italy: Specialty Crops Market, by Crop Type

    9.4.4.3.3 United Kingdom: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.4.4.3.4 United Kingdom: Specialty Crops Market, by Category

    9.4.4.3.5 United Kingdom: Specialty Crops Market, by Crop Type

    9.4.4.4 Russia: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.4.4.4.1 Russia: Specialty Crops Market, by Category

    9.4.4.4.2 Russia: Specialty Crops Market, by Crop Type

    9.4.4.5 Rest of Europe: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.4.4.5.1 Rest of Europe: Specialty Crops Market, by Category

    9.4.4.5.2 Rest of Europe: Specialty Crops Market, by Crop Type

    9.5 Asia Pacific: Specialty Crops Market

    9.5.1 Asia Pacific: Specialty Crops Market –Revenue and Forecast to 2027(US$ Billion)

    9.5.2 Asia Pacific: Specialty Crops Market, by Category

    9.5.3 Asia Pacific: Specialty Crops Market, by Crop Type

    9.5.4 Asia Pacific: Specialty Crops Market, by Key Country

    9.5.4.1 Australia: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.5.4.1.1 Australia: Specialty Crops Market, by Category

    9.5.4.1.2 Australia: Specialty Crops Market, by Crop Type

    9.5.4.2 China: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.5.4.2.1 China: Specialty Crops Market, by Category

    9.5.4.2.2 China: Specialty Crops Market, by Crop Type

    9.5.4.3 India: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.5.4.3.1 India: Specialty Crops Market, by Category

    9.5.4.3.2 India: Specialty Crops Market, by Crop Type

    9.5.4.4 Japan: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.5.4.4.1 Japan: Specialty Crops Market, by Category

    9.5.4.4.2 Japan: Specialty Crops Market, by Crop Type

    9.5.4.5 South Korea: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.5.4.5.1 South Korea: Specialty Crops Market, by Category

    9.5.4.5.2 South Korea: Specialty Crops Market, by Crop Type

    9.5.4.6 Rest of Asia Pacific: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.5.4.6.1 Rest of Asia Pacific: Specialty Crops Market, by Category

    9.5.4.6.2 Rest of Asia Pacific: Specialty Crops Market, by Crop Type

    9.6 Middle East and Africa: Specialty Crops Market

    9.6.1 Middle East and Africa: Specialty Crops Market –Revenue and Forecast to 2027(US$ Billion)

    9.6.2 Middle East and Africa: Specialty Crops Market, by Category

    9.6.3 Middle East and Africa: Specialty Crops Market, by Crop Type

    9.6.4 Middle East and Africa: Specialty Crops Market, by Key Country

    9.6.4.1 South Africa: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.6.4.1.1 South Africa: Specialty Crops Market, by Category

    9.6.4.1.2 South Africa: Specialty Crops Market, by Crop Type

    9.6.4.2 Saudi Arabia: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.6.4.2.1 Saudi Arabia: Specialty Crops Market, by Category

    9.6.4.2.2 Saudi Arabia: Specialty Crops Market, by Crop Type

    9.6.4.2.3 UAE: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.6.4.2.4 UAE: Specialty Crops Market, by Category

    9.6.4.2.5 UAE: Specialty Crops Market, by Crop Type

    9.6.4.3 Rest of Middle East & Africa: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.6.4.3.1 Rest of Middle East & Africa: Specialty Crops Market, by Category

    9.6.4.3.2 Rest of Middle East & Africa: Specialty Crops Market, by Crop Type

    9.7 Central and South America: Specialty Crops Market

    9.7.1 Central and South America: Specialty Crops Market –Revenue and Forecast to 2027(US$ Billion)

    9.7.2 Central and South America: Specialty Crops Market, by Category

    9.7.3 Central and South America: Specialty Crops Market, by Crop Type

    9.7.4 Central and South America: Specialty Crops Market, by Key Country

    9.7.4.1 Brazil: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.7.4.1.1 Brazil: Specialty Crops Market, by Category

    9.7.4.1.2 Brazil: Specialty Crops Market, by Crop Type

    9.7.4.2 Argentina: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.7.4.2.1 Argentina: Specialty Crops Market, by Category

    9.7.4.2.2 Argentina: Specialty Crops Market, by Crop Type

    9.7.4.3 Rest of Central and South America: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    9.7.4.3.1 Rest of Central and South America: Specialty Crops Market, by Category

    9.7.4.3.2 Rest of Central and South America: Specialty Crops Market, by Crop Type

    10. Overview- Impact of Coronavirus outbreak

    10.1 Overview

    10.2 North America: Impact Assessment of COVID-19 Pandemic

    10.3 urope: Impact Assessment of COVID-19 Pandemic

    10.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic

    10.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic

    10.6 South America: Impact Assessment of COVID-19 Pandemic

    11. Key Company Profiles

    11.1 DIAMOND FRUIT CO.

    11.1.1 Key Facts

    11.1.2 Business Description

    11.1.3 Products and Services

    11.1.4 Financial Overview

    11.1.5 SWOT Analysis

    11.2 Harbor Spice Co., Inc.

    11.2.1 Key Facts

    11.2.2 Business Description

    11.2.3 Products and Services

    11.2.4 Financial Overview

    11.2.5 SWOT Analysis

    11.3 Olam International

    11.3.1 Key Facts

    11.3.2 Business Description

    11.3.3 Products and Services

    11.3.4 Financial Overview

    11.3.5 SWOT Analysis

    11.3.6 Key Developments

    11.4 Oregon Spice Company

    11.4.1 Key Facts

    11.4.2 Business Description

    11.4.3 Products and Services

    11.4.4 Financial Overview

    11.4.5 SWOT Analysis

    11.5 The Specialty Crop Company

    11.5.1 Key Facts

    11.5.2 Business Description

    11.5.3 Products and Services

    11.5.4 Financial Overview

    11.5.5 SWOT Analysis

    11.6 BanaBay Limited

    11.6.1 Key Facts

    11.6.2 Business Description

    11.6.3 Products and Services

    11.6.4 Financial Overview

    11.6.5 SWOT Analysis

    11.7 Rice Fruit Company

    11.7.1 Key Facts

    11.7.2 Business Description

    11.7.3 Products and Services

    11.7.4 Financial Overview

    11.7.5 SWOT Analysis

    11.8 Fisher Nut Company

    11.8.1 Key Facts

    11.8.2 Business Description

    11.8.3 Products and Services

    11.8.4 Financial Overview

    11.8.5 SWOT Analysis

    11.9 Simped Foods Pty Ltd.

    11.9.1 Key Facts

    11.9.2 Business Description

    11.9.3 Products and Services

    11.9.4 Financial Overview

    11.9.5 SWOT Analysis

    11.10 SVZ Industrial Fruit & Vegetable Ingredients

    11.10.1 Key Facts

    11.10.2 Business Description

    11.10.3 Products and Services

    11.10.4 Financial Overview

    11.10.5 SWOT Analysis

    12. Appendix

    12.1 About The Insight Partners

    12.2 Word Index


    LIST OF TABLES

    Table 1. Specialty Crops Market –Revenue And Forecast To 2027 (US$ Billion)

    Table 2. North America Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 3. North America Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 4. US Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 5. US Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 6. Canada Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 7. Canada Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 8. Mexico Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 9. Mexico Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 10. Europe Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 11. Europe Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 12. Germany Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 13. Germany Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 14. France Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 15. France Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 16. Italy Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 17. Italy Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 18. United Kingdom Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 19. United Kingdom Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 20. Russia Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 21. Russia Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 22. Rest of Europe Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 23. Rest of Europe Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 24. Asia Pacific Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 25. Asia Pacific Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 26. Australia Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 27. Australia Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 28. China Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 29. China Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 30. India Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 31. India Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 32. Japan Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 33. Japan Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 34. South Korea Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 35. South Korea Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 36. Rest of Asia Pacific Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 37. Rest of Asia Pacific Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 38. Middle East and Africa Specialty Crops Market, by Form– Revenue and Forecast to 2027 (USD Billion)

    Table 39. Middle East and Africa Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 40. South Africa Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 41. South Africa Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 42. Saudi Arabia Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 43. Saudi Arabia Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 44. UAE Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 45. UAE Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 46. Rest of Middle East & Africa Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 47. Rest of Middle East & Africa Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 48. Central and South America Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 49. Central and South America Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 50. Brazil Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 51. Brazil Specialty Crops Market, by Crop Type– Revenue and Forecast to 2027 (USD Billion)

    Table 52. Argentina Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 53. Argentina Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 54. Rest of Central and South America Specialty Crops Market, by Category– Revenue and Forecast to 2027 (USD Billion)

    Table 55. Rest of Central and South America Specialty Crops Market, by Crop Type – Revenue and Forecast to 2027 (USD Billion)

    Table 56. List of Abbreviation


    LIST OF FIGURES

    Figure 1. Global Specialty Crops Market Segmentation

    Figure 2. Specialty Crops Market Segmentation – By Geography

    Figure 3. Global Specialty Crops Market Overview

    Figure 4. Fruits & Vegetables Segment Held Largest Share Of Global Specialty Crops Market

    Figure 5. Asia-Pacific Region Held Largest Share Of Global Specialty Crops Market

    Figure 6. Global Specialty Crops Market, Industry Landscape

    Figure 7. North America: PEST Analysis

    Figure 8. Europe: PEST Analysis

    Figure 9. APAC: PEST Analysis

    Figure 10. MEA: PEST Analysis

    Figure 11. SAM: PEST Analysis

    Figure 12. Expert Opinion

    Figure 13. Specialty Crops market Impact Analysis of Driver and Restraints

    Figure 14. Geographic Overview Of Specialty Crops Market

    Figure 15. Global: Specialty Crops Market – Revenue And Forecast To 2027 (US$ Billion)

    Figure 16. Specialty Crop Market Revenue Share, by Category (2019 and 2027)

    Figure 17. Organic: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    Figure 18. Conventional: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    Figure 19. Specialty Crop Market Revenue Share, by Technology Type (2019 and 2027)

    Figure 20. Fruits and Vegetables: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    Figure 21. Tree Nuts: Specialty Crop Market – Revenue and Forecast to 2027 (US$ Billion)

    Figure 22. Herbs and Spices: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    Figure 23. Others: Specialty Crop Market – Revenue, and Forecast to 2027 (US$ Billion)

    Figure 24. Global Specialty Crops Market Revenue Share, by Region (2019 and 2027)

    Figure 25. North America: Specialty Crops Market – Revenue and Forecast to 2027 (US$ Billion)

    Figure 26. North America: Specialty Crops Market Revenue Share, by Category (2019 and 2027)

    Figure 27. North America: Specialty Crops Market Revenue Share, by Crop Type (2019 and 2027)

    Figure 28. North America: Specialty Crops Market Revenue Share, by Key Country (2019 and 2027)

    Figure 29. US: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 30. Canada: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 31. Mexico: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 32. Europe: Specialty Crops Market – Revenue and Forecast to 2027 (US$ Billion)

    Figure 33. Europe: Specialty Crops Market Revenue Share, by Category (2019 and 2027)

    Figure 34. Europe: Specialty Crops Market Revenue Share, by Crop Type (2019 and 2027)

    Figure 35. Europe: Specialty Crops Market Revenue Share, by Key Country (2019 and 2027)

    Figure 36. Germany: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 37. France: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 38. Italy: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 39. United Kingdom: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 40. Russia: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 41. Rest of Europe: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 42. Asia Pacific: Specialty Crops Market – Revenue and Forecast to 2027 (US$ Billion)

    Figure 43. Asia Pacific: Specialty Crops Market Revenue Share, by Category (2019 and 2027)

    Figure 44. Asia Pacific: Specialty Crops Market Revenue Share, by Crop Type (2019 and 2027)

    Figure 45. Asia Pacific: Specialty Crops Market Revenue Share, by Key Country (2019 and 2027)

    Figure 46. Australia: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 47. China: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 48. India: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 49. Japan: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 50. South Korea: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 51. Rest of Asia Pacific: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 52. Middle East and Africa: Specialty Crops Market – Revenue and Forecast to 2027 (US$ Billion)

    Figure 53. Middle East and Africa: Specialty Crops Market Revenue Share, by Category (2019 and 2027)

    Figure 54. Middle East and Africa: Specialty Crops Market Revenue Share, by Crop Type (2019 and 2027)

    Figure 55. Middle East and Africa: Specialty Crops Market Revenue Share, by Key Country (2019 and 2027)

    Figure 56. South Africa: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 57. Saudi Arabia: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 58. UAE: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 59. Rest of Middle East & Africa: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 60. Central and South America: Specialty Crops Market – Revenue and Forecast to 2027 (US$ Billion)

    Figure 61. Central and South America: Specialty Crops Market Revenue Share, by Category (2019 and 2027)

    Figure 62. Central and South America: Specialty Crops Market Revenue Share, by Crop Type (2019 and 2027)

    Figure 63. Central and South America: Specialty Crops Market Revenue Share, by Key Country (2019 and 2027)

    Figure 64. Brazil: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 65. Argentina: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 66. Rest of Central and South America: Specialty Crops Market –Revenue and Forecast to 2027 (US$ Billion)

    Figure 67. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 68. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 69. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 70. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

    Figure 71. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies - Specialty Crop Market

    1. DIAMOND FRUIT CO.
    2. Harbor Spice Co., Inc.
    3. Olam International
    4. Oregon Spice Company
    5. The Specialty Crop Company.
    6. BanaBay Limited
    7. Rice Fruit Company
    8. Fisher Nut Company
    9. Simped Foods Pty Ltd.
    10. SVZ Industrial Fruit & Vegetable Ingredients
    • Highlights key business priorities to assist companies realign their business strategies.

    • Features key findings and crucial progressive industry trends in the global specialty crop market, thereby allowing players to develop effective long-term strategies.

    • Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.

    • Scrutinizes in-depth market trends as well as key market drivers and restraints.

    • Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
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    Frequently Asked Questions

    The major players operating in the global specialty crop market are DIAMOND FRUIT CO.; Harbor Spice Co., Inc.; Olam International; Oregon Spice Company; The Specialty Crop Company; BanaBay Limited; Rice Fruit Company; Fisher Nut Company; Simped Foods Pty Ltd.; SVZ Industrial Fruit & Vegetable Ingredients among many others.
    In 2019, Asia-Pacific contributed to the largest share in the global specialty crops market. The growth of the specialty crops market in this region is primarily attributed to the rising disposable income of the populace and the rapidly changing lifestyle of the consumers. Moreover, the influence of western lifestyle and rapid urbanization is further propelling the growth of convenience foods in this region. Customers in the region are highly attracted to plant-based food products, further leading to the growth of the specialty crops market. Furthermore, countries in APAC are developing at a faster rate over the past few years. For instance, the GDP in China was recorded at 6.4% in 2018. In addition, emerging economies of Southeast Asia, such as Vietnam, Malaysia, Indonesia, and others, are experiencing growth in their food and beverage sector.
    The fruits & vegetables segment held the largest share in the global specialty crops market in 2019. Fruits & vegetables constitute a significant part of agricultural production and are extensively cultivated round the year, for both commercial and household purposes. The global demand for fruits and vegetables is high owing to their high nutritional profile. Apart from direct domestic consumption, these crops find their application in diversified end use industries. Additionally, rapid urbanization and shift in consumer preference towards healthy lifestyle have encouraged the adoption of fruits and vegetables in their diet, thereby, promoting the growth of the segment.

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