Fresh figs are the fruits of fig tree that only produce fruit once a year. Figs
are native to the Mediterranean region, although they are currently farmed all
over the world. The fresh
figs market is valued at nearly US$ 1.4 Bn in 2022. The market is
likely to grow at a CAGR of 5.3% through 2032 with a
projection value of US$ 2.3 Bn.
Fresh figs are the nuts of fig trees and bear fruit only
once a year. Fig is currently cultivated all over the world, but it grows
naturally in the Mediterranean region.
Both fresh figs and processed fig-based products are used by
manufacturers for incorporation into a variety of foods and beverages.
Recently, the increasing availability of fresh organic figs has also boosted
demand in developed countries.
Today, lifestyles are becoming tenser and tenser, and the
prevalence of serious illnesses is very high. This has led to increased
adoption of healthy diets and increased consumption of functional foods at the
recommended daily intake (RDA). The health benefits of consuming fresh figs
have led to their inclusion in a variety of foods and beverages, both in the
home and in the processing industry. As people become more aware of the health
benefits associated with them, the demand for fresh figs from the home is also
increasing. In addition, growing health concerns have led consumers to look to
external supplements to get the nutrients they need. This has increased the
demand for functional, health-based foods such as protein bars and protein
shakes, as well as the demand for fresh figs from these industries.
Key Takeaways from Market Study
- In
2022, the Middle East and Africa region is the largest market for fresh
figs market and holds 71.2% of the market share.
- Greece,
Italy, and France are among the top 3 countries for fresh figs in Europe,
collectively accounting for nearly 50% of sales.
- As
fresh figs grow only once a year in a particular season, any adverse
climatic conditions could negatively affect the cultivation of this fruit,
and can also affect its quality.
- Turkey,
situated in the Mediterranean region, is one of the leading fig-producing
countries in the world.
- Organic
fresh figs have a higher value in the global market as compared to
conventional fresh figs.
“ Tensed lives and incoming new and deadly diseases every
other day has led to increased adoption of healthy diets and increased
consumption of functional food with the recommended dietary allowance (RDA)
which has led to increasing in demand of fresh figs ingredients common in RDA
ultimately leading to the growth of fresh figs market,” says a lead
analyst at Future Market Insights.
Who is Winning?
Many CEOs re-checked their company’s portfolios and
re-figured their strategy in 2020 and 2021 due to the global upheaval generated
by COVID-19. Companies have worked on strategies such as marketing and
packaging, adopted labels trends, and taken various steps to promote the
product in different markets along with reaching new geographies.
Some of the leading companies offering fresh figs are Hadley
Fruit Orchards, Inc., Roland Foods LLC, Meurens Natural S.A., FruitLips,
Jiaherb, Inc., Athos Agricola S.A., Earl’s Organic Produce, Alara Agri, Isik
Tarim A.S., Valley Fig Growers, Inc., Kirlioglu Figs, Yabanfood, National
Raisin Company, Torres Tropical Fresh B.V.
Read More: https://www.futuremarketinsights.com/reports/fresh-figs-market