Global mango market on track to grow 5% per year until 2029

Mango consumption around the world has increased in recent years, which has left a mark on the performance of Brazilian mango in this market. And according to the research published on the Fresh Fruit portal by Data Bridge Market Research, the observed trend should continue for at least until 2029. The revenue generated during the period is expected to increase by 5% per year. The Asia-Pacific region is expected to lead the way as the area where most of the market’s major players are.

Please see below the track record of mango shipments (hs code 08045020) in containers departing from Brazil, according to the DataLiner market intelligence service.

Brazilian mango exports | Jan 2019 – Nov 2022 | TEUs

Source: DataLiner (click here to request a demo)

Mangoes are now consumed fresh, frozen, or processed. With the increase in frozen fruit consumption in North America, the mango industry can look forward to new business opportunities on the continent. In Europe, the demand for the Kent and Keitt varieties is increasing, and the region’s consumers continue to seek high-quality mangoes.

Source: HF Brasil

To read the original reporting, visit: https://www.hfbrasil.org.br/br/manga-cepea-mercado-global-pode-crescer-5-ao-ano-ate-2029.aspx

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