Market Size of Persimmons Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 5 Billion |
| Market Size (2029) | USD 5.80 Billion |
| CAGR (2024 - 2029) | 3.10 % |
| Fastest Growing Market | Europe |
| Largest Market | Asia |
Persimmon Market Analysis
The Persimmons Market size is estimated at USD 5 billion in 2024, and is expected to reach USD 5.80 billion by 2029, at a CAGR of 3.10% during the forecast period (2024-2029).
The persimmon market is experiencing growth primarily due to increasing demand, driven by the fruit's nutritional value and export potential. Persimmons are rich in Vitamins A, C, and K, and possess antioxidant properties that improve insulin sensitivity and reduce oxidative stress. The fruit's versatility allows for its use in various products, including baked goods, custards, ice creams, preserves, puddings, and pulp.
Persimmon leaves are also utilized in herbal teas. The fruit's health benefits extend to weight management and immune system support. Drying is a significant processing technique that both preserves the fruit and increases its market value. This versatility, particularly in dried form, presents substantial growth opportunities for the market.
Data from the Food and Agriculture Organization (FAO) highlights that in 2022, China, South Korea, Japan, Azerbaijan, and Brazil emerged as the top global producers of persimmons. China led the product with a staggering 3,470.4 thousand metric tons, followed by South Korea at 231.5 thousand metric tons, Japan with 216.1 thousand metric tons, Azerbaijan at 184.3 thousand metric tons, and Brazil rounding off with 164.4 thousand metric tons.
Persimmon Industry Segmentation
Persimmon is an edible fruit, specifically a berry, produced by trees in the genus Diospyros. This versatile fruit can be consumed fresh, dried, or cooked. Persimmons are widely used globally in various culinary applications, including jellies, beverages, pies, curries, and puddings.
The persimmons market is segmented based on geography into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. The report offers an analysis of production (volume), consumption (value and volume), import (value and volume), export (value and volume), and price trend analysis.
The report offers market size and forecasts in terms of value (USD) and volume (metric tons) for all the above segments.
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Persimmons Market Size Summary
The persimmons market is poised for significant growth, driven by the fruit's high nutritional value and substantial export potential. Rich in vitamins and antioxidants, persimmons are increasingly sought after for their health benefits, including weight loss and immunity enhancement. The fruit's versatility in culinary applications, from baked goods to herbal teas, further bolsters its market appeal. The demand for dried persimmons adds another layer of opportunity, as this processing technique enhances the fruit's value. Major producing countries like China, South Korea, Azerbaijan, Japan, and Brazil dominate the global market, with China leading in production and export. The strategic focus on improving production and export capabilities in these regions underscores the market's robust growth trajectory.
The export market for persimmons is thriving, with countries like Spain, Azerbaijan, and Uzbekistan leading in exports due to high demand and favorable pricing in importing nations such as Germany and the United States. The high export value is attributed to the fruit's nutritional and bioactive properties, which are increasingly utilized in new food product developments. The Asia-Pacific region, particularly China and Japan, remains the largest producer, accounting for a significant portion of global production. Innovations in breeding, trade models, and post-harvest treatments are driving market expansion, particularly in China. Additionally, supportive agricultural policies in Europe and China aim to enhance sustainable production and rural development, further contributing to the market's positive outlook.
Persimmons Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.2.1 Rising Demand for Exotic Fruits
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1.2.2 Growing Awareness Among Consumers About Health and Nutritional Benefits
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1.3 Market Restraints
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1.3.1 Seasonality and Limited Growing Regions
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 Geography
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2.1.1 North America
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2.1.1.1 United States
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2.1.1.1.1 Production Analysis
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2.1.1.1.2 Consumption Analysis and Market Value
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2.1.1.1.3 Import Market Analysis (Volume and Value)
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2.1.1.1.4 Export Market Analysis (Volume and Value)
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2.1.1.1.5 Price Trend Analysis
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2.1.1.2 Canada
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2.1.1.2.1 Production Analysis
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2.1.1.2.2 Consumption Analysis and Market Value
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2.1.1.2.3 Import Market Analysis (Volume and Value)
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2.1.1.2.4 Export Market Analysis (Volume and Value)
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2.1.1.2.5 Price Trend Analysis
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2.1.1.3 Mexico
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2.1.1.3.1 Production Analysis
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2.1.1.3.2 Consumption Analysis and Market Value
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2.1.1.3.3 Import Market Analysis (Volume and Value)
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2.1.1.3.4 Export Market Analysis (Volume and Value)
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2.1.1.3.5 Price Trend Analysis
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2.1.2 Europe
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2.1.2.1 Spain
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2.1.2.1.1 Production Analysis
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2.1.2.1.2 Consumption Analysis and Market Value
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2.1.2.1.3 Import Market Analysis (Volume and Value)
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2.1.2.1.4 Export Market Analysis (Volume and Value)
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2.1.2.1.5 Price Trend Analysis
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2.1.2.2 Italy
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2.1.2.2.1 Production Analysis
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2.1.2.2.2 Consumption Analysis and Market Value
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2.1.2.2.3 Import Market Analysis (Volume and Value)
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2.1.2.2.4 Export Market Analysis (Volume and Value)
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2.1.2.2.5 Price Trend Analysis
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2.1.3 Asia-Pacific
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2.1.3.1 China
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2.1.3.1.1 Production Analysis
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2.1.3.1.2 Consumption Analysis and Market Value
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2.1.3.1.3 Import Market Analysis (Volume and Value)
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2.1.3.1.4 Export Market Analysis (Volume and Value)
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2.1.3.1.5 Price Trend Analysis
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2.1.3.2 Japan
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2.1.3.2.1 Production Analysis
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2.1.3.2.2 Consumption Analysis and Market Value
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2.1.3.2.3 Import Market Analysis (Volume and Value)
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2.1.3.2.4 Export Market Analysis (Volume and Value)
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2.1.3.2.5 Price Trend Analysis
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2.1.3.3 South Korea
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2.1.3.3.1 Production Analysis
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2.1.3.3.2 Consumption Analysis and Market Value
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2.1.3.3.3 Import Market Analysis (Volume and Value)
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2.1.3.3.4 Export Market Analysis (Volume and Value)
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2.1.3.3.5 Price Trend Analysis
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2.1.4 South America
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2.1.4.1 Brazil
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2.1.4.1.1 Production Analysis
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2.1.4.1.2 Consumption Analysis and Market Value
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2.1.4.1.3 Import Market Analysis (Volume and Value)
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2.1.4.1.4 Export Market Analysis (Volume and Value)
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2.1.4.1.5 Price Trend Analysis
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2.1.4.2 Chile
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2.1.4.2.1 Production Analysis
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2.1.4.2.2 Consumption Analysis and Market Value
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2.1.4.2.3 Import Market Analysis (Volume and Value)
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2.1.4.2.4 Export Market Analysis (Volume and Value)
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2.1.4.2.5 Price Trend Analysis
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2.1.5 Middle-East and Africa
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2.1.5.1 Israel
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2.1.5.1.1 Production Analysis
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2.1.5.1.2 Consumption Analysis and Market Value
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2.1.5.1.3 Import Market Analysis (Volume and Value)
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2.1.5.1.4 Export Market Analysis (Volume and Value)
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2.1.5.1.5 Price Trend Analysis
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2.1.5.2 Iran
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2.1.5.2.1 Production Analysis
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2.1.5.2.2 Consumption Analysis and Market Value
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2.1.5.2.3 Import Market Analysis (Volume and Value)
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2.1.5.2.4 Export Market Analysis (Volume and Value)
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2.1.5.2.5 Price Trend Analysis
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Persimmons Market Size FAQs
How big is the Persimmons Market?
The Persimmons Market size is expected to reach USD 5 billion in 2024 and grow at a CAGR of 3.10% to reach USD 5.80 billion by 2029.
What is the current Persimmons Market size?
In 2024, the Persimmons Market size is expected to reach USD 5 billion.
