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North America Lime Market Size (2024 - 2029)

The North America Lime Market is projected to experience growth over the forecast period, with the market size expanding significantly. The region's lime market is characterized by a strong demand, particularly in the United States and Canada, which are major consumers. This demand is driving an increase in lime production and import value, as local production in the United States is insufficient to meet consumption needs, relying heavily on imports from countries like Mexico, Spain, and Argentina.

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Market Size of North America Lime Industry

Captured
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 4.41 Billion
Market Size (2029) USD 5.29 Billion
CAGR (2024 - 2029) 3.70 %

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North America Lime Market Analysis

The North America Lime Market size is estimated at USD 4.41 billion in 2024, and is expected to reach USD 5.29 billion by 2029, growing at a CAGR of 3.70% during the forecast period (2024-2029).

Lemon and lime are grown primarily for the fresh market, with the juice from limes used as a flavoring in foods and beverages. The largest lime producer in the North American region in Mexico. The United States and Canada are the major consumers of lime.

The growing demand is expected to increase the production and import value of lime during the forecast period. Production of lime in the United States, according to FAO, accounted for 812 thousand ton in 2018, which is less compared to consumption. Thus local consumption is dependent entirely on imports. Spain, Argentina, and Mexico are the largest suppliers in the country.

North America Lime Industry Segmentation

Cashew nuts are edible kidney-shaped nuts, rich in oil and protein, and are roasted and shelled before eaten. Oil extracted from the shells is used as a lubricant, in the production of plastics. The study analyzes the scenario of the cashew market in the region. The report covers production, consumption, trade, and price trend analyses of cashew at a macro-level, in addition to the value chain and price trend analysis. Raw cashew nuts (in shell) have been considered while collecting data for production.

North America
United States
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Canada
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
Mexico
Production Analysis
Consumption Analysis and Market Value
Import Market Analysis (Volume and Value)
Export Market Analysis (Volume and Value)
Price Trend Analysis
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North America Lime Market Size Summary

The North America lime market is poised for growth, driven by increasing consumer demand and a reliance on imports to meet domestic consumption needs. The region's lime production is relatively low compared to other global areas, with Mexico being the largest producer in North America. The United States and Canada are significant consumers, and the demand for lime is expected to rise due to health awareness and its use as a flavoring in foods and beverages. This growing demand is anticipated to boost both production and import values throughout the forecast period.

Despite the limited local production, the market is expected to expand as the United States seeks to satisfy its high consumption levels through imports. Mexico, along with Spain and Argentina, plays a crucial role as a supplier to the U.S. market. The dependency on imports highlights the importance of these countries in fulfilling the lime demand. As the market continues to evolve, the interplay between domestic consumption and international supply will be a key factor influencing the market's trajectory in North America.

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North America Lime Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

    4. 1.4 Market Restraints

    5. 1.5 Value Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 North America

      1. 2.1.1 United States

        1. 2.1.1.1 Production Analysis

        2. 2.1.1.2 Consumption Analysis and Market Value

        3. 2.1.1.3 Import Market Analysis (Volume and Value)

        4. 2.1.1.4 Export Market Analysis (Volume and Value)

        5. 2.1.1.5 Price Trend Analysis

      2. 2.1.2 Canada

        1. 2.1.2.1 Production Analysis

        2. 2.1.2.2 Consumption Analysis and Market Value

        3. 2.1.2.3 Import Market Analysis (Volume and Value)

        4. 2.1.2.4 Export Market Analysis (Volume and Value)

        5. 2.1.2.5 Price Trend Analysis

      3. 2.1.3 Mexico

        1. 2.1.3.1 Production Analysis

        2. 2.1.3.2 Consumption Analysis and Market Value

        3. 2.1.3.3 Import Market Analysis (Volume and Value)

        4. 2.1.3.4 Export Market Analysis (Volume and Value)

        5. 2.1.3.5 Price Trend Analysis

North America Lime Market Size FAQs

The North America Lime Market size is expected to reach USD 4.41 billion in 2024 and grow at a CAGR of 3.70% to reach USD 5.29 billion by 2029.

In 2024, the North America Lime Market size is expected to reach USD 4.41 billion.

North America Lime Report Snapshots

North America Lime Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)