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United States Lime Market Size (2024 - 2029)

The United States lime market is projected to experience growth over the forecast period, driven by increasing demand for limes due to their nutritional benefits and applications in sectors like cosmetics and pharmaceuticals. The market's expansion is supported by the rising inclusion of healthy foods in diets, a trend accelerated by the recent pandemic. While adverse weather conditions pose challenges to lime cultivation in some regions, the United States successfully produces limes in states such as California, Florida, and Texas, though it heavily relies on imports from Mexico and other countries.

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Market Size of United States Lime Industry

United States Lime Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Market Size (2024) USD 2.42 Billion
Market Size (2029) USD 2.92 Billion
CAGR (2024 - 2029) 3.80 %

United States Lime Market Analysis

The United States Lime Market size is estimated at USD 2.42 billion in 2024, and is expected to reach USD 2.92 billion by 2029, growing at a CAGR of 3.80% during the forecast period (2024-2029).

  • Limes, small green citrus fruits, thrive in warm climates. Depending on the variety, limes can range from sweet to sour. In U.S. grocery stores, the predominant variety is the Persian lime, with the majority being imported from Mexico. Conversely, sweet limes are a rarity in the U.S. market, primarily due to the dominant importation of Persian limes, celebrated for their numerous health benefits. Following the recent pandemic, there has been a notable shift towards incorporating healthier foods into diets, with lime being a significant addition. This trend has propelled the lime market in recent years and is poised to sustain its momentum during the forecast period.
  • In certain regions of the United States, adverse weather conditions can hinder the growth of lime plants. Arizona, California, and Florida stand out as the primary lime-producing states in the U.S. The demand for limes in the U.S. has surged, driven by their nutritional benefits and applications in cosmetics and pharmaceuticals. The U.S. heavily relies on imports from Mexico, Colombia, and Peru to meet its lime needs. Prices for imported limes in the U.S. consistently rose throughout 2021 and 2022, peaking at USD 76.33 per package in 2023, marking the highest price in the past three years. This 2023 price reflects a significant jump of 70.9% from the 2022 peak of USD 44.67 and a staggering 167.1% increase from the 2021 high of USD 28.58, underscoring persistent disruptions in the Mexican supply chain. These supply inconsistencies from Mexico can be attributed to factors like aging trees and diseases in nursery stock.

United States Lime Industry Segmentation

Lime is a small, lemon-shaped, greenish-yellow citrus fruit with a juicy, sour pulp, rich in ascorbic acid. It is primarily used for food and cosmetics. The study takes into account commercial lime fruit as a commodity.

The United States lime market covers production (volume), consumption (volume and value), import (volume and value), export (volume and value), and price trend analysis.

The report offers market size and forecasts in terms of value in USD and volume in metric tons for all the above segments.

United States
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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United States Lime Market Size Summary

The United States lime market is poised for growth, driven by increasing consumer demand for limes due to their health benefits and versatile applications in various industries such as cosmetics and pharmaceuticals. The market is primarily dependent on imports, with Mexico being the largest supplier, followed by countries like Peru, Brazil, and Colombia. Despite the challenges posed by adverse weather conditions affecting domestic production, regions like California, Florida, and Texas continue to cultivate limes. The rising popularity of Persian limes, which dominate the US market, is attributed to their nutritional value, particularly high vitamin C and antioxidant content, which supports immune health and skin vitality. The pandemic has further accelerated the trend towards healthier food choices, bolstering lime consumption.

The market's expansion is also supported by technological advancements, such as those by Hazel Technologies Inc., which have enhanced the shelf life and freshness of limes, thereby supporting supply chain efficiency. The increasing per capita lime consumption reflects a broader trend towards incorporating limes into daily diets, driven by their culinary versatility and health benefits. As the US lime market continues to grow, the reliance on imports remains significant due to limited domestic production capabilities. This import dependency underscores the importance of international trade relationships, particularly with Mexico, which plays a crucial role in meeting the US lime demand.

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United States Lime Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 The growing awareness of the health benefits of Lime

      2. 1.2.2 Favorable Government Initiatives to reduce import dependance

      3. 1.2.3 Increasing Demand for Lime-Based Beverages

    3. 1.3 Market Restraints

      1. 1.3.1 Price Fluctuations

      2. 1.3.2 Weather Conditions and Natural Disasters

    4. 1.4 Value Chain Analysis

  2. 2. MARKET SEGMENTATION

    1. 2.1 United States

      1. 2.1.1 Production Analysis

      2. 2.1.2 Consumption Analysis and Market Value

      3. 2.1.3 Import Market Analysis (Volume and Value)

      4. 2.1.4 Export Market Analysis (Volume and Value)

      5. 2.1.5 Price Trend Analysis

United States Lime Market Size FAQs

The United States Lime Market size is expected to reach USD 2.42 billion in 2024 and grow at a CAGR of 3.80% to reach USD 2.92 billion by 2029.

In 2024, the United States Lime Market size is expected to reach USD 2.42 billion.

United States Lime Market Report Snapshots

United States Lime Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)