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

  • Report Code : TIPRE00015685
  • Category : Food and Beverages
  • Status : Published
  • No. of Pages : 127
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Specialty Crops Market to Grow at a CAGR of 2.6% to reach US$ 1,203.81 Million from 2020 to 2027

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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.

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Specialty Crops Market: Strategic Insights

specialty-crops-market
Market Size Value inUS$ 982.17 Million in 2019
Market Size Value byUS$ 1,203.81 Million by 2027
Growth rateCAGR of 2.6% from 2020-2027
Forecast Period2020-2027
Base Year2020
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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.

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.  

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.

Specialty Crops Market Report Scope

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
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

Category and Crop Type and Geography

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States

Frequently Asked Questions


Based crop type, why is the fruits & vegetables segment expected to grow at the highest rate during 2020–2027?

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.

Can you list some of the major players operating in the global specialty crop market?

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.

Which region held the largest share of the global specialty crop market?

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.

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

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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