Specialty Crops Market
Specialty Crops Market Forecasts to 2028 – Global Analysis By Type (Tree Nuts, Herbs & Spices), Nature (Conventional, Organic), Sales Channel (Distributor, Direct Sales), End User (Food Service, Beverages, Retail), and By Geography
According to Stratistics MRC, the Global Specialty Crops market is accounted for $1,028.33 million in 2020 and is expected to reach $1,484.93 million by 2028 growing at a CAGR of 4.7% during the forecast period. Some of the key factors propelling the market growth include the widening application scope of specialty crops, rapid urbanization, health concerns, changes in demographic features, ethnic composition, supportive government measures, and free trade policies. However, the environmental and trade barriers are restraining the market growth.
Specialty crops are plants that are intensively cultivated. These crops refer to tree nuts, dried fruits, fruits and vegetables, horticulture, and nursery crops (including floriculture). They also include exotic crops that are specially cultivated across a region due to climatic and topographical features. Eligible plants must be cultivated or managed and used by people for food, medicinal purposes, and aesthetic gratification to be considered as specialty crops.
By type, fruits & vegetables segment is expected to be the fastest-growing segment during the forecast period, due to the global demand for fruits and vegetables is high owing to their high nutritional profile, growing demand for specialty fruits and vegetables grown organically, rapid urbanization, and shift in consumer preference toward healthy lifestyle have encouraged the adoption of fruits and vegetables in their diet.
On the basis of geography, Asia Pacific market is expected to expand at the fastest growth rate during the forecast period, due to the lifestyle of consumers is changing rapidly, rising disposable income of the populace, the influence of western lifestyle, and rapid urbanization.
Some of the key players in Specialty Crops Market include Fisher Nut Company, Oregon Spice Company, Olam International, Barnes Williams, Harbor Spice Co., Inc., Lamex Food Group Limited, BanaBay Limited, Simped Foods Pty Ltd., Diamond Fruit Co., United Natural Foods, Inc., Phoenix Global DMCC, NUTSCO, Inc., Rice Fruit Company, SunWest Foods Inc., Specialty Crop Company., Inc., Herbs N Spices International, and SVZ International B.V.
Types Covered:
• Tree Nuts
• Herbs & Spices
• Fruits & Vegetables
• Other Types (Medicinal Herbs)
Natures Covered:
• Conventional
• Organic
Sales Channels Covered:
• Distributor
• Direct Sales
End Users Covered:
• Food Service
• Beverages
• Retail
• Food
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Specialty Crops Market, By Type
5.1 Introduction
5.2 Tree Nuts
5.3 Herbs & Spices
5.4 Fruits & Vegetables
5.5 Other Types (Medicinal Herbs)
6 Global Specialty Crops Market, By Nature
6.1 Introduction
6.2 Conventional
6.3 Organic
7 Global Specialty Crops Market, By Sales Channel
7.1 Introduction
7.2 Distributor
7.3 Direct Sales
8 Global Specialty Crops Market, By End User
8.1 Introduction
8.2 Food Service
8.3 Beverages
8.3.1 Carbonated Drinks & Energy Drinks
8.3.2 Juices, Nectars & Fruit-Based Drinks
8.4 Retail
8.5 Food
8.5.1 Dairy Products
8.5.2 Bakery, Confectionery & Snacks
8.5.3 Breakfast Cereals & Infant Food
8.5.4 Soups, Sauces & Dressings
9 Global Specialty Crops Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 Fisher Nut Company
11.2 Oregon Spice Company
11.3 Olam International
11.4 Barnes Williams
11.5 Harbor Spice Co., Inc.
11.6 Lamex Food Group Limited
11.7 BanaBay Limited
11.8 Simped Foods Pty Ltd.
11.9 Diamond Fruit Co.
11.10 United Natural Foods, Inc.
11.11 Phoenix Global DMCC
11.12 NUTSCO, Inc.
11.13 Rice Fruit Company
11.14 SunWest Foods Inc.
11.15 Specialty Crop Company. INC.
11.16 Herbs N Spices International
11.17 SVZ International B.V.
List of Tables
1 Global Specialty Crops Market Outlook, By Region (2019-2028) ($MN)
2 Global Specialty Crops Market Outlook, By Type (2019-2028) ($MN)
3 Global Specialty Crops Market Outlook, By Tree Nuts (2019-2028) ($MN)
4 Global Specialty Crops Market Outlook, By Herbs & Spices (2019-2028) ($MN)
5 Global Specialty Crops Market Outlook, By Fruits & Vegetables (2019-2028) ($MN)
6 Global Specialty Crops Market Outlook, By Other Types (Medicinal Herbs) (2019-2028) ($MN)
7 Global Specialty Crops Market Outlook, By Nature (2019-2028) ($MN)
8 Global Specialty Crops Market Outlook, By Conventional (2019-2028) ($MN)
9 Global Specialty Crops Market Outlook, By Organic (2019-2028) ($MN)
10 Global Specialty Crops Market Outlook, By Sales Channel (2019-2028) ($MN)
11 Global Specialty Crops Market Outlook, By Distributor (2019-2028) ($MN)
12 Global Specialty Crops Market Outlook, By Direct Sales (2019-2028) ($MN)
13 Global Specialty Crops Market Outlook, By End User (2019-2028) ($MN)
14 Global Specialty Crops Market Outlook, By Food Service (2019-2028) ($MN)
15 Global Specialty Crops Market Outlook, By Beverages (2019-2028) ($MN)
16 Global Specialty Crops Market Outlook, By Carbonated Drinks & Energy Drinks (2019-2028) ($MN)
17 Global Specialty Crops Market Outlook, By Juices, Nectars & Fruit-Based Drinks (2019-2028) ($MN)
18 Global Specialty Crops Market Outlook, By Retail (2019-2028) ($MN)
19 Global Specialty Crops Market Outlook, By Food (2019-2028) ($MN)
20 Global Specialty Crops Market Outlook, By Dairy Products (2019-2028) ($MN)
21 Global Specialty Crops Market Outlook, By Bakery, Confectionery & Snacks (2019-2028) ($MN)
22 Global Specialty Crops Market Outlook, By Breakfast Cereals & Infant Food (2019-2028) ($MN)
23 Global Specialty Crops Market Outlook, By Soups, Sauces & Dressings (2019-2028) ($MN)
24 North America Specialty Crops Market Outlook, By Country (2019-2028) ($MN)
25 North America Specialty Crops Market Outlook, By Type (2019-2028) ($MN)
26 North America Specialty Crops Market Outlook, By Tree Nuts (2019-2028) ($MN)
27 North America Specialty Crops Market Outlook, By Herbs & Spices (2019-2028) ($MN)
28 North America Specialty Crops Market Outlook, By Fruits & Vegetables (2019-2028) ($MN)
29 North America Specialty Crops Market Outlook, By Other Types (Medicinal Herbs) (2019-2028) ($MN)
30 North America Specialty Crops Market Outlook, By Nature (2019-2028) ($MN)
31 North America Specialty Crops Market Outlook, By Conventional (2019-2028) ($MN)
32 North America Specialty Crops Market Outlook, By Organic (2019-2028) ($MN)
33 North America Specialty Crops Market Outlook, By Sales Channel (2019-2028) ($MN)
34 North America Specialty Crops Market Outlook, By Distributor (2019-2028) ($MN)
35 North America Specialty Crops Market Outlook, By Direct Sales (2019-2028) ($MN)
36 North America Specialty Crops Market Outlook, By End User (2019-2028) ($MN)
37 North America Specialty Crops Market Outlook, By Food Service (2019-2028) ($MN)
38 North America Specialty Crops Market Outlook, By Beverages (2019-2028) ($MN)
39 North America Specialty Crops Market Outlook, By Carbonated Drinks & Energy Drinks (2019-2028) ($MN)
40 North America Specialty Crops Market Outlook, By Juices, Nectars & Fruit-Based Drinks (2019-2028) ($MN)
41 North America Specialty Crops Market Outlook, By Retail (2019-2028) ($MN)
42 North America Specialty Crops Market Outlook, By Food (2019-2028) ($MN)
43 North America Specialty Crops Market Outlook, By Dairy Products (2019-2028) ($MN)
44 North America Specialty Crops Market Outlook, By Bakery, Confectionery & Snacks (2019-2028) ($MN)
45 North America Specialty Crops Market Outlook, By Breakfast Cereals & Infant Food (2019-2028) ($MN)
46 North America Specialty Crops Market Outlook, By Soups, Sauces & Dressings (2019-2028) ($MN)
47 Europe Specialty Crops Market Outlook, By Country (2019-2028) ($MN)
48 Europe Specialty Crops Market Outlook, By Type (2019-2028) ($MN)
49 Europe Specialty Crops Market Outlook, By Tree Nuts (2019-2028) ($MN)
50 Europe Specialty Crops Market Outlook, By Herbs & Spices (2019-2028) ($MN)
51 Europe Specialty Crops Market Outlook, By Fruits & Vegetables (2019-2028) ($MN)
52 Europe Specialty Crops Market Outlook, By Other Types (Medicinal Herbs) (2019-2028) ($MN)
53 Europe Specialty Crops Market Outlook, By Nature (2019-2028) ($MN)
54 Europe Specialty Crops Market Outlook, By Conventional (2019-2028) ($MN)
55 Europe Specialty Crops Market Outlook, By Organic (2019-2028) ($MN)
56 Europe Specialty Crops Market Outlook, By Sales Channel (2019-2028) ($MN)
57 Europe Specialty Crops Market Outlook, By Distributor (2019-2028) ($MN)
58 Europe Specialty Crops Market Outlook, By Direct Sales (2019-2028) ($MN)
59 Europe Specialty Crops Market Outlook, By End User (2019-2028) ($MN)
60 Europe Specialty Crops Market Outlook, By Food Service (2019-2028) ($MN)
61 Europe Specialty Crops Market Outlook, By Beverages (2019-2028) ($MN)
62 Europe Specialty Crops Market Outlook, By Carbonated Drinks & Energy Drinks (2019-2028) ($MN)
63 Europe Specialty Crops Market Outlook, By Juices, Nectars & Fruit-Based Drinks (2019-2028) ($MN)
64 Europe Specialty Crops Market Outlook, By Retail (2019-2028) ($MN)
65 Europe Specialty Crops Market Outlook, By Food (2019-2028) ($MN)
66 Europe Specialty Crops Market Outlook, By Dairy Products (2019-2028) ($MN)
67 Europe Specialty Crops Market Outlook, By Bakery, Confectionery & Snacks (2019-2028) ($MN)
68 Europe Specialty Crops Market Outlook, By Breakfast Cereals & Infant Food (2019-2028) ($MN)
69 Europe Specialty Crops Market Outlook, By Soups, Sauces & Dressings (2019-2028) ($MN)
70 Asia Pacific Specialty Crops Market Outlook, By Country (2019-2028) ($MN)
71 Asia Pacific Specialty Crops Market Outlook, By Type (2019-2028) ($MN)
72 Asia Pacific Specialty Crops Market Outlook, By Tree Nuts (2019-2028) ($MN)
73 Asia Pacific Specialty Crops Market Outlook, By Herbs & Spices (2019-2028) ($MN)
74 Asia Pacific Specialty Crops Market Outlook, By Fruits & Vegetables (2019-2028) ($MN)
75 Asia Pacific Specialty Crops Market Outlook, By Other Types (Medicinal Herbs) (2019-2028) ($MN)
76 Asia Pacific Specialty Crops Market Outlook, By Nature (2019-2028) ($MN)
77 Asia Pacific Specialty Crops Market Outlook, By Conventional (2019-2028) ($MN)
78 Asia Pacific Specialty Crops Market Outlook, By Organic (2019-2028) ($MN)
79 Asia Pacific Specialty Crops Market Outlook, By Sales Channel (2019-2028) ($MN)
80 Asia Pacific Specialty Crops Market Outlook, By Distributor (2019-2028) ($MN)
81 Asia Pacific Specialty Crops Market Outlook, By Direct Sales (2019-2028) ($MN)
82 Asia Pacific Specialty Crops Market Outlook, By End User (2019-2028) ($MN)
83 Asia Pacific Specialty Crops Market Outlook, By Food Service (2019-2028) ($MN)
84 Asia Pacific Specialty Crops Market Outlook, By Beverages (2019-2028) ($MN)
85 Asia Pacific Specialty Crops Market Outlook, By Carbonated Drinks & Energy Drinks (2019-2028) ($MN)
86 Asia Pacific Specialty Crops Market Outlook, By Juices, Nectars & Fruit-Based Drinks (2019-2028) ($MN)
87 Asia Pacific Specialty Crops Market Outlook, By Retail (2019-2028) ($MN)
88 Asia Pacific Specialty Crops Market Outlook, By Food (2019-2028) ($MN)
89 Asia Pacific Specialty Crops Market Outlook, By Dairy Products (2019-2028) ($MN)
90 Asia Pacific Specialty Crops Market Outlook, By Bakery, Confectionery & Snacks (2019-2028) ($MN)
91 Asia Pacific Specialty Crops Market Outlook, By Breakfast Cereals & Infant Food (2019-2028) ($MN)
92 Asia Pacific Specialty Crops Market Outlook, By Soups, Sauces & Dressings (2019-2028) ($MN)
93 South America Specialty Crops Market Outlook, By Country (2019-2028) ($MN)
94 South America Specialty Crops Market Outlook, By Type (2019-2028) ($MN)
95 South America Specialty Crops Market Outlook, By Tree Nuts (2019-2028) ($MN)
96 South America Specialty Crops Market Outlook, By Herbs & Spices (2019-2028) ($MN)
97 South America Specialty Crops Market Outlook, By Fruits & Vegetables (2019-2028) ($MN)
98 South America Specialty Crops Market Outlook, By Other Types (Medicinal Herbs) (2019-2028) ($MN)
99 South America Specialty Crops Market Outlook, By Nature (2019-2028) ($MN)
100 South America Specialty Crops Market Outlook, By Conventional (2019-2028) ($MN)
101 South America Specialty Crops Market Outlook, By Organic (2019-2028) ($MN)
102 South America Specialty Crops Market Outlook, By Sales Channel (2019-2028) ($MN)
103 South America Specialty Crops Market Outlook, By Distributor (2019-2028) ($MN)
104 South America Specialty Crops Market Outlook, By Direct Sales (2019-2028) ($MN)
105 South America Specialty Crops Market Outlook, By End User (2019-2028) ($MN)
106 South America Specialty Crops Market Outlook, By Food Service (2019-2028) ($MN)
107 South America Specialty Crops Market Outlook, By Beverages (2019-2028) ($MN)
108 South America Specialty Crops Market Outlook, By Carbonated Drinks & Energy Drinks (2019-2028) ($MN)
109 South America Specialty Crops Market Outlook, By Juices, Nectars & Fruit-Based Drinks (2019-2028) ($MN)
110 South America Specialty Crops Market Outlook, By Retail (2019-2028) ($MN)
111 South America Specialty Crops Market Outlook, By Food (2019-2028) ($MN)
112 South America Specialty Crops Market Outlook, By Dairy Products (2019-2028) ($MN)
113 South America Specialty Crops Market Outlook, By Bakery, Confectionery & Snacks (2019-2028) ($MN)
114 South America Specialty Crops Market Outlook, By Breakfast Cereals & Infant Food (2019-2028) ($MN)
115 South America Specialty Crops Market Outlook, By Soups, Sauces & Dressings (2019-2028) ($MN)
116 Middle East & Africa Specialty Crops Market Outlook, By Country (2019-2028) ($MN)
117 Middle East & Africa Specialty Crops Market Outlook, By Type (2019-2028) ($MN)
118 Middle East & Africa Specialty Crops Market Outlook, By Tree Nuts (2019-2028) ($MN)
119 Middle East & Africa Specialty Crops Market Outlook, By Herbs & Spices (2019-2028) ($MN)
120 Middle East & Africa Specialty Crops Market Outlook, By Fruits & Vegetables (2019-2028) ($MN)
121 Middle East & Africa Specialty Crops Market Outlook, By Other Types (Medicinal Herbs) (2019-2028) ($MN)
122 Middle East & Africa Specialty Crops Market Outlook, By Nature (2019-2028) ($MN)
123 Middle East & Africa Specialty Crops Market Outlook, By Conventional (2019-2028) ($MN)
124 Middle East & Africa Specialty Crops Market Outlook, By Organic (2019-2028) ($MN)
125 Middle East & Africa Specialty Crops Market Outlook, By Sales Channel (2019-2028) ($MN)
126 Middle East & Africa Specialty Crops Market Outlook, By Distributor (2019-2028) ($MN)
127 Middle East & Africa Specialty Crops Market Outlook, By Direct Sales (2019-2028) ($MN)
128 Middle East & Africa Specialty Crops Market Outlook, By End User (2019-2028) ($MN)
129 Middle East & Africa Specialty Crops Market Outlook, By Food Service (2019-2028) ($MN)
130 Middle East & Africa Specialty Crops Market Outlook, By Beverages (2019-2028) ($MN)
131 Middle East & Africa Specialty Crops Market Outlook, By Carbonated Drinks & Energy Drinks (2019-2028) ($MN)
132 Middle East & Africa Specialty Crops Market Outlook, By Juices, Nectars & Fruit-Based Drinks (2019-2028) ($MN)
133 Middle East & Africa Specialty Crops Market Outlook, By Retail (2019-2028) ($MN)
134 Middle East & Africa Specialty Crops Market Outlook, By Food (2019-2028) ($MN)
135 Middle East & Africa Specialty Crops Market Outlook, By Dairy Products (2019-2028) ($MN)
136 Middle East & Africa Specialty Crops Market Outlook, By Bakery, Confectionery & Snacks (2019-2028) ($MN)
137 Middle East & Africa Specialty Crops Market Outlook, By Breakfast Cereals & Infant Food (2019-2028) ($MN)
138 Middle East & Africa Specialty Crops Market Outlook, By Soups, Sauces & Dressings (2019-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
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- Manufacturers
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Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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