Figs Market Opportunities 2031
Figs are the fruits obtained from the fig tree that bears fruits once a year and are known to be originated from the Mediterranean region but are grown all over the globe. The growing awareness of the health benefits associated with the figs has fuelled the market for figs worldwide and is estimated to be rising in the coming years.
MARKET DYNAMICS
The figs market has witnessed notable growth owing to the increasing demand for health-based food and functional food products with fig ingredients. Besides, the increasing awareness of the health benefits associated with the figs is known to boost the figs market in the coming years. The increasing demand for figs from countries such as China, Brazil, and India provide a vast market opportunity for the key players operating in the fresh market.
MARKET SCOPE
The "Global Figs Market Analysis to 2031" is a specialized and in-depth study of the food and beverage industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the figs market with detailed market segmentation by category, form, type, distribution channel. The global figs market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading figs market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global figs market is segmented into category, form, type, distribution channel. By category, the figs market is classified into Organic, Conventional. By form, the figs market is classified into Whole, Slices, Others. By type, the figs market is classified into Fresh, Dried. By distribution channel, the figs market is classified into Supermarkets and Hypermarkets, Convenience Stores, Online Retail, Others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global figs market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The figs market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the figs market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the figs market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global figs market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The figs market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the figs market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the figs market in these regions.
MARKET PLAYERS
The report covers vital developments in the figs market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the figs market are anticipated to lucrative growth opportunities in the future with the rising demand for figs in the global market. Below mentioned is the list of few companies engaged in the figs market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the figs market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- FruitLips
- Hadley Fruit Orchards Inc.
- VKC Nuts Pvt Ltd
- Kirlioglu Figs
- Minerva Tradewell
- Valley Fig Growers Inc.
- Ancy
- Kabuli Spices & Dry Fruits
- K.B.B. Nuts Pvt. Ltd.
- The Farm Basket
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the current study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Figs Market - By Category
1.3.2 Figs Market - By Form
1.3.3 Figs Market - By Type
1.3.4 Figs Market - By Distribution Channel
1.3.5 Figs Market - By Region
1.3.5.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. FIGS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. FIGS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. FIGS MARKET - GLOBAL MARKET ANALYSIS
6.1. FIGS - GLOBAL MARKET OVERVIEW
6.2. FIGS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. FIGS MARKET - REVENUE AND FORECASTS TO 2028 - CATEGORY
7.1. OVERVIEW
7.2. CATEGORY MARKET FORECASTS AND ANALYSIS
7.3. ORGANIC
7.3.1. Overview
7.3.2. Organic Market Forecast and Analysis
7.4. CONVENTIONAL
7.4.1. Overview
7.4.2. Conventional Market Forecast and Analysis
8. FIGS MARKET - REVENUE AND FORECASTS TO 2028 - FORM
8.1. OVERVIEW
8.2. FORM MARKET FORECASTS AND ANALYSIS
8.3. WHOLE
8.3.1. Overview
8.3.2. Whole Market Forecast and Analysis
8.4. SLICES
8.4.1. Overview
8.4.2. Slices Market Forecast and Analysis
8.5. OTHERS
8.5.1. Overview
8.5.2. Others Market Forecast and Analysis
9. FIGS MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
9.1. OVERVIEW
9.2. TYPE MARKET FORECASTS AND ANALYSIS
9.3. FRESH
9.3.1. Overview
9.3.2. Fresh Market Forecast and Analysis
9.4. DRIED
9.4.1. Overview
9.4.2. Dried Market Forecast and Analysis
10. FIGS MARKET - REVENUE AND FORECASTS TO 2028 - DISTRIBUTION CHANNEL
10.1. OVERVIEW
10.2. DISTRIBUTION CHANNEL MARKET FORECASTS AND ANALYSIS
10.3. SUPERMARKETS AND HYPERMARKETS
10.3.1. Overview
10.3.2. Supermarkets and Hypermarkets Market Forecast and Analysis
10.4. CONVENIENCE STORES
10.4.1. Overview
10.4.2. Convenience Stores Market Forecast and Analysis
10.5. ONLINE RETAIL
10.5.1. Overview
10.5.2. Online Retail Market Forecast and Analysis
10.6. OTHERS
10.6.1. Overview
10.6.2. Others Market Forecast and Analysis
11. FIGS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
11.1. NORTH AMERICA
11.1.1 North America Figs Market Overview
11.1.2 North America Figs Market Forecasts and Analysis
11.1.3 North America Figs Market Forecasts and Analysis - By Category
11.1.4 North America Figs Market Forecasts and Analysis - By Form
11.1.5 North America Figs Market Forecasts and Analysis - By Type
11.1.6 North America Figs Market Forecasts and Analysis - By Distribution Channel
11.1.7 North America Figs Market Forecasts and Analysis - By Countries
11.1.7.1 Canada Figs Market
11.1.7.1.1 Canada Figs Market by Category
11.1.7.1.2 Canada Figs Market by Form
11.1.7.1.3 Canada Figs Market by Type
11.1.7.1.4 Canada Figs Market by Distribution Channel
11.1.7.2 Mexico Figs Market
11.1.7.2.1 Mexico Figs Market by Category
11.1.7.2.2 Mexico Figs Market by Form
11.1.7.2.3 Mexico Figs Market by Type
11.1.7.2.4 Mexico Figs Market by Distribution Channel
11.1.7.3 US Figs Market
11.1.7.3.1 US Figs Market by Category
11.1.7.3.2 US Figs Market by Form
11.1.7.3.3 US Figs Market by Type
11.1.7.3.4 US Figs Market by Distribution Channel
11.2. EUROPE
11.2.1 Europe Figs Market Overview
11.2.2 Europe Figs Market Forecasts and Analysis
11.2.3 Europe Figs Market Forecasts and Analysis - By Category
11.2.4 Europe Figs Market Forecasts and Analysis - By Form
11.2.5 Europe Figs Market Forecasts and Analysis - By Type
11.2.6 Europe Figs Market Forecasts and Analysis - By Distribution Channel
11.2.7 Europe Figs Market Forecasts and Analysis - By Countries
11.2.7.1 Germany Figs Market
11.2.7.1.1 Germany Figs Market by Category
11.2.7.1.2 Germany Figs Market by Form
11.2.7.1.3 Germany Figs Market by Type
11.2.7.1.4 Germany Figs Market by Distribution Channel
11.2.7.2 France Figs Market
11.2.7.2.1 France Figs Market by Category
11.2.7.2.2 France Figs Market by Form
11.2.7.2.3 France Figs Market by Type
11.2.7.2.4 France Figs Market by Distribution Channel
11.2.7.3 Italy Figs Market
11.2.7.3.1 Italy Figs Market by Category
11.2.7.3.2 Italy Figs Market by Form
11.2.7.3.3 Italy Figs Market by Type
11.2.7.3.4 Italy Figs Market by Distribution Channel
11.2.7.4 United Kingdom Figs Market
11.2.7.4.1 United Kingdom Figs Market by Category
11.2.7.4.2 United Kingdom Figs Market by Form
11.2.7.4.3 United Kingdom Figs Market by Type
11.2.7.4.4 United Kingdom Figs Market by Distribution Channel
11.2.7.5 Russia Figs Market
11.2.7.5.1 Russia Figs Market by Category
11.2.7.5.2 Russia Figs Market by Form
11.2.7.5.3 Russia Figs Market by Type
11.2.7.5.4 Russia Figs Market by Distribution Channel
11.2.7.6 Rest of Europe Figs Market
11.2.7.6.1 Rest of Europe Figs Market by Category
11.2.7.6.2 Rest of Europe Figs Market by Form
11.2.7.6.3 Rest of Europe Figs Market by Type
11.2.7.6.4 Rest of Europe Figs Market by Distribution Channel
11.3. ASIA-PACIFIC
11.3.1 Asia-Pacific Figs Market Overview
11.3.2 Asia-Pacific Figs Market Forecasts and Analysis
11.3.3 Asia-Pacific Figs Market Forecasts and Analysis - By Category
11.3.4 Asia-Pacific Figs Market Forecasts and Analysis - By Form
11.3.5 Asia-Pacific Figs Market Forecasts and Analysis - By Type
11.3.6 Asia-Pacific Figs Market Forecasts and Analysis - By Distribution Channel
11.3.7 Asia-Pacific Figs Market Forecasts and Analysis - By Countries
11.3.7.1 Australia Figs Market
11.3.7.1.1 Australia Figs Market by Category
11.3.7.1.2 Australia Figs Market by Form
11.3.7.1.3 Australia Figs Market by Type
11.3.7.1.4 Australia Figs Market by Distribution Channel
11.3.7.2 China Figs Market
11.3.7.2.1 China Figs Market by Category
11.3.7.2.2 China Figs Market by Form
11.3.7.2.3 China Figs Market by Type
11.3.7.2.4 China Figs Market by Distribution Channel
11.3.7.3 India Figs Market
11.3.7.3.1 India Figs Market by Category
11.3.7.3.2 India Figs Market by Form
11.3.7.3.3 India Figs Market by Type
11.3.7.3.4 India Figs Market by Distribution Channel
11.3.7.4 Japan Figs Market
11.3.7.4.1 Japan Figs Market by Category
11.3.7.4.2 Japan Figs Market by Form
11.3.7.4.3 Japan Figs Market by Type
11.3.7.4.4 Japan Figs Market by Distribution Channel
11.3.7.5 South Korea Figs Market
11.3.7.5.1 South Korea Figs Market by Category
11.3.7.5.2 South Korea Figs Market by Form
11.3.7.5.3 South Korea Figs Market by Type
11.3.7.5.4 South Korea Figs Market by Distribution Channel
11.3.7.6 Rest of Asia-Pacific Figs Market
11.3.7.6.1 Rest of Asia-Pacific Figs Market by Category
11.3.7.6.2 Rest of Asia-Pacific Figs Market by Form
11.3.7.6.3 Rest of Asia-Pacific Figs Market by Type
11.3.7.6.4 Rest of Asia-Pacific Figs Market by Distribution Channel
11.4. MIDDLE EAST AND AFRICA
11.4.1 Middle East and Africa Figs Market Overview
11.4.2 Middle East and Africa Figs Market Forecasts and Analysis
11.4.3 Middle East and Africa Figs Market Forecasts and Analysis - By Category
11.4.4 Middle East and Africa Figs Market Forecasts and Analysis - By Form
11.4.5 Middle East and Africa Figs Market Forecasts and Analysis - By Type
11.4.6 Middle East and Africa Figs Market Forecasts and Analysis - By Distribution Channel
11.4.7 Middle East and Africa Figs Market Forecasts and Analysis - By Countries
11.4.7.1 South Africa Figs Market
11.4.7.1.1 South Africa Figs Market by Category
11.4.7.1.2 South Africa Figs Market by Form
11.4.7.1.3 South Africa Figs Market by Type
11.4.7.1.4 South Africa Figs Market by Distribution Channel
11.4.7.2 Saudi Arabia Figs Market
11.4.7.2.1 Saudi Arabia Figs Market by Category
11.4.7.2.2 Saudi Arabia Figs Market by Form
11.4.7.2.3 Saudi Arabia Figs Market by Type
11.4.7.2.4 Saudi Arabia Figs Market by Distribution Channel
11.4.7.3 U.A.E Figs Market
11.4.7.3.1 U.A.E Figs Market by Category
11.4.7.3.2 U.A.E Figs Market by Form
11.4.7.3.3 U.A.E Figs Market by Type
11.4.7.3.4 U.A.E Figs Market by Distribution Channel
11.4.7.4 Rest of Middle East and Africa Figs Market
11.4.7.4.1 Rest of Middle East and Africa Figs Market by Category
11.4.7.4.2 Rest of Middle East and Africa Figs Market by Form
11.4.7.4.3 Rest of Middle East and Africa Figs Market by Type
11.4.7.4.4 Rest of Middle East and Africa Figs Market by Distribution Channel
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. FIGS MARKET, KEY COMPANY PROFILES
13.1. FRUITLIPS
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. HADLEY FRUIT ORCHARDS INC.
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. VKC NUTS PVT LTD
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. KIRLIOGLU FIGS
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. MINERVA TRADEWELL
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. VALLEY FIG GROWERS INC.
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. ANCY
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. KABULI SPICES AND DRY FRUITS
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. K.B.B. NUTS PVT. LTD.
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. THE FARM BASKET
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS
1. FruitLips
2. Hadley Fruit Orchards Inc.
3. VKC Nuts Pvt Ltd
4. Kirlioglu Figs
5. Minerva Tradewell
6. Valley Fig Growers Inc.
7. Ancy
8. Kabuli Spices and Dry Fruits
9. K.B.B. Nuts Pvt. Ltd.
10. The Farm Basket
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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