Lychee Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 7.10 Billion |
| Market Size (2029) | USD 9.27 Billion |
| CAGR (2024 - 2029) | 5.50 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
Lychee Market Analysis
The Lychee Market size is estimated at USD 7.10 billion in 2024, and is expected to reach USD 9.27 billion by 2029, growing at a CAGR of 5.5% during the forecast period (2024-2029).
China is a major producer and an exporter, accounting for a major market share of lychee exports worldwide. According to the ITC Trade Map, China's total fresh lychee exports were worth USD 53.2 million in 2020. Europe and the United States are the major markets for lychee exports from China. European consumers consider lychee a 'sweet, nutritious' super fruit. Larger volumes of lychee are imported every year. With the rising demand for healthy food in these markets, the export of lychee has considerably increased over the years.
Another major driver for the market's growth is government support. The governments of the major lychee-producing countries greatly support the industry. For instance, in China, since the establishment of the nationwide lychee and longan technology system, efforts have been made to give support to the areas of breeding and varietal improvement, planting techniques, use of agricultural materials, market sales, brand building, grower training, and economic guidance. In India, a new Scheme called “Operation Greens” was announced in the Union Budget 2020 to promote farmer-producer organizations (FPOs), agri-logistics, processing facilities, and professional management. According to the survey report of the Ministry of Agriculture and Farmers Welfare, Government of India, the area under lychee production was estimated at 99,200 ha with a total production of 7,26,000 metric tons and a productivity of 7.5 metric tons/ha (third advance estimate of 2021-2022). In 2020, the Ministry of Food Processing Industries (MoFPI) extended the Operation Greens Scheme from tomato, onion, and potato (TOP) to all fruits and vegetables, including lychee. Furthermore, in 2020, the Indian government issued guidelines 2020 to give a 50% subsidy in a fixed timeframe for storing and transporting fruits and vegetables, including lychee, to prevent post-harvest losses and distress sales by farmers when the prices fall.
Lychee Market Trends
Increasing Demand for Lychee Products
Lychee is primarily produced in China and India. According to the International Society for Horticultural Science (ISHS), in 2020, Southeast Asian countries accounted for 19% of the global lychee market. Madagascar accounted for 35% of the global exports, followed by Vietnam and China, with 19% and 18%, respectively.
Based on the figures from ITC TradeMap, the total export value of lychee from China in 2022 was USD 44,129 thousand, which doubled in 2023, reaching USD 54,081 thousand. The major importing countries from China are Hong Kong, Indonesia, and the United States, which reported a significant increase in the import value from 2022 to 2023, reaching USD 14,227 thousand, USD 8,874 thousand, and USD 8,440 thousand, respectively.
According to Agricultural and Rural Department data, Guangdong, which accounts for over one-third of the global planting area, witnessed a heavy harvest in 2020. The exports increased substantially. By June 2020, the Guangdong province exported around 4,000 metric tons of lychee, leading to a 20% Y-o-Y increase. Maoming is China's largest lychee production base, with a planting area of approximately 1.39 million mu (92,667 ha) and an annual output accounting for roughly one-quarter of the country's total in 2023. Exports to international markets and domestic consumption are anticipated to grow in the forecast period.
Asia-Pacific Dominates the Market
China is one of the largest producers of lychee in the world. The Chinese government is encouraging large corporations with financial clout to enter the lychee industry to boost the lychee exports. These large corporations will be capable of integrating different components, like fruit production, post-harvest handling, exports, and marketing, in a unified enterprise. As per ITC TradeMap, the total export value of lychee from China in 2020 was USD 53.19 million, which increased by almost 20%, reaching USD 63.6 million in 2021. The major countries that import from China are Hong Kong, Singapore, Indonesia, and the Philippines.
Lychee is one of the prominent fruits grown in India. In India, the government and private companies have been taking initiatives to boost value addition, exports, and farmers' value realization. For instance, in 2020, Coca-Cola India, DeHaat, the National Research Center on Lychee (NRCL), and Kedia Fresh launched an initiative called Unnati lychee. The initiative is aimed at enhancing the efficiency of the agri-value chain and farmers' capabilities by building on high-density plantations, farmer training for good agriculture practices (GAP), and the creation of demo orchards through appropriate technology interventions.
In India, according to horticulture statistics, the area of cultivation under lychee was more than 0.1 million ha in 2023. In 2023, lychee cultivation was spread across over 32,000 ha in Bihar alone, which accounts for nearly 40% of India’s lychee production. It was followed by West Bengal (12% of the total) and Jharkhand (10%). The total production accounted for 723.58 thousand metric tons in 2022, in which Bihar accounted for 42.55%, followed by West Bengal at 9.91%, Jharkhand at 8.9%, and Assam at 8.37%.
Lychee Market News
- August 2022: The South China Agriculture University School of Horticulture launched the world's first longan/lychee hybrid, Cineworld's SZ52, with a cross-pollinated female longan tree of the Shixia variety and a male lychee tree of the Ziniangxi variety for commercialization.
- June 2022: The Agricultural and Processed Food Products Export Development Authority (APEDA) collaborated with Bihar Fruit & Vegetable Development Corporation (BFVDC) to promote Shahi Lychee in Mauritius, New Zealand, Bahrain, and Qatar.
Lychee Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumption and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Value Chain Analysis
5. MARKET SEGMENTATION (Production Analysis, Consumption Analysis, Import Market Analysis by Value and Volume, Export Market Analysis by Value and Volume, and Price Trend Analysis)
5.1 North America
5.1.1 United States
5.1.2 Canada
5.2 Europe
5.2.1 United Kingdom
5.2.2 France
5.2.3 Germany
5.2.4 Spain
5.2.5 Netherlands
5.3 Asia-Pacific
5.3.1 China
5.3.2 India
5.3.3 Thailand
5.3.4 Vietnam
5.4 Africa
5.4.1 South Africa
5.4.2 Madagascar
6. MARKET OPPORTUNITIES AND FUTURE TRENDS
Lychee Industry Segmentation
Lychee is the sole member of the genus Litchi in the soapberry family, Sapindaceae, grown for its edible fruit. For analysis, only fresh produce is considered, and any form of processed produce is excluded from the scope. The lychee market is segmented by geography into North America, Europe, Asia-Pacific, and Africa. The report provides an analysis of production (volume), consumption (volume and value), import (volume and value), export (volume and value), and price trend analysis. The report offers the market size and forecasts for value (USD) and volume (metric tons) for all the above segments.
| North America | |
| United States | |
| Canada |
| Europe | |
| United Kingdom | |
| France | |
| Germany | |
| Spain | |
| Netherlands |
| Asia-Pacific | |
| China | |
| India | |
| Thailand | |
| Vietnam |
| Africa | |
| South Africa | |
| Madagascar |
Lychee Market Research Faqs
How big is the Lychee Market?
The Lychee Market size is expected to reach USD 7.10 billion in 2024 and grow at a CAGR of 5.5% to reach USD 9.27 billion by 2029.
What is the current Lychee Market size?
In 2024, the Lychee Market size is expected to reach USD 7.10 billion.
Which is the fastest growing region in Lychee Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Lychee Market?
In 2024, the Asia-Pacific accounts for the largest market share in Lychee Market.
What years does this Lychee Market cover, and what was the market size in 2023?
In 2023, the Lychee Market size was estimated at USD 6.71 billion. The report covers the Lychee Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Lychee Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Lychee Industry Report
Statistics for the 2024 Litchi market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Litchi analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
