APAC Lime Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 27.74 Billion |
| Market Size (2029) | USD 31.69 Billion |
| CAGR (2024 - 2029) | 2.70 % |
APAC Lime Market Analysis
The Asia Pacific Lime Market size is estimated at USD 27.74 billion in 2024, and is expected to reach USD 31.69 billion by 2029, growing at a CAGR of 2.70% during the forecast period (2024-2029).
- China, India, and Japan are the largest markets for lemon in the Asia-Pacific market in 2019. India and China are major producers and consumers of lime in the region, whereas Japan is a major importer and lemon consumer.
- In Japan, domestic growers and other major exporting countries are promoting the sale of the lime in the market. They are creating awareness among the consumers about the health and nutritional benefits of the lime, and they also release some food recipes that can be made using lime, which is creating a demand for lime in the market. This is likely to increase the domestic demand for lime in Japan during the forecast period.
APAC Lime Market Trends
This section covers the major market trends shaping the APAC Lime Market according to our research experts:
Increasing Production in India and China
According to FAO, the production of lime/lemon in China was 2,295.2 thousand metric ton in 2016, which increased to 2,524.3 in 2018. Similarly, the production of lime/lemon in India was 2,438.0 in 2016, which increased to 3,148.0 in 2018. Lime is cultivated in almost all parts of India. But according to the National Horticulture Board (NHB) of India, lime/lemon cultivation is high in states, such as Andhra Pradesh, Telangana, Karnataka, Orissa, and Maharashtra. In China, international varieties of lime/lemons are posing a threat to the domestic lime/lemon markets. Hence, in recent years, Yunnan and Chongqing townships have started to grow local varieties that are similar in taste and appearance of imported lime/lemons, on a large scale to make the competition indistinct.
Increasing lime/lemon imports in Japan
United States, Chile, Mexico, New Zealand, and South Africa are the major exporters of lime to Japan. In 2019, the United States held the largest share in the import market of lime accounting to 55.2%, followed by Chile and Mexico, respectively. The exporting countries are promoting the sale of lime/lemon in Japan through various strategies. For instance, Chile is promoting the market for the Chilean lime/lemon in the Japanese market by creating awareness about the nutritional values of the Chilean lime/lemon. Similarly in 2018, the lime growers in Hiroshima re-shaped lemons in a heart shape to increase their sales during Valentine's Day. According to a USDA report, the lime-based cocktail sector is growing as one of the significant lime consuming sectors in Japan.
APAC Lime Market Report - Table of Contents
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1. INTRODUCTION
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1.1 Study Assumptions and Market Definition
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1.2 Scope of the Study
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2. RESEARCH METHODOLOGY
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3. EXECUTIVE SUMMARY
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4. MARKET DYNAMICS
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4.1 Market Overview
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4.2 Market Drivers
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4.3 Market Restraints
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4.4 Value Chain / Supply Chain Analysis
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5. MARKET SEGMENTATION
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5.1 Geography
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5.1.1 Asia-Pacific
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5.1.1.1 China
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5.1.1.1.1 Production Analysis
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5.1.1.1.2 Consumption Analysis and Market Value
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5.1.1.1.3 Import Analysis by Volume and Value
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5.1.1.1.4 Export Analysis by Volume and Value
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5.1.1.1.5 Price Trend Analysis
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5.1.1.2 India
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5.1.1.2.1 Production Analysis
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5.1.1.2.2 Consumption Analysis and Market Value
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5.1.1.2.3 Import Analysis by Volume and Value
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5.1.1.2.4 Export Analysis by Volume and Value
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5.1.1.2.5 Price Trend Analysis
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5.1.1.3 Japan
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5.1.1.3.1 Production Analysis
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5.1.1.3.2 Consumption Analysis and Market Value
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5.1.1.3.3 Import Analysis by Volume and Value
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5.1.1.3.4 Export Analysis by Volume and Value
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5.1.1.3.5 Price Trend Analysis
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6. MARKET OPPORTUNITIES AND FUTURE TRENDS
APAC Lime Industry Segmentation
Lime/Lemon is a citrus fruit which is used in various countries across Asia-Pacific. They are used as ingredients in various culinary recipes, particularly with seafood dishes. The Asia-Pacific lime market is analysed by production, consumption, trade (import and export), price and geography (India, China, and Japan).
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APAC Lime Market Research FAQs
How big is the Asia Pacific Lime Market?
The Asia Pacific Lime Market size is expected to reach USD 27.74 billion in 2024 and grow at a CAGR of 2.70% to reach USD 31.69 billion by 2029.
What is the current Asia Pacific Lime Market size?
In 2024, the Asia Pacific Lime Market size is expected to reach USD 27.74 billion.
What years does this Asia Pacific Lime Market cover, and what was the market size in 2023?
In 2023, the Asia Pacific Lime Market size was estimated at USD 27.01 billion. The report covers the Asia Pacific Lime Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia Pacific Lime Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia Pacific Lime Industry Report
Statistics for the 2024 Asia Pacific Lime market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Lime analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
