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Market Overview of Global Lychee market:
According to our latest research, the global Lychee market looks promising in the next 5 years. As of 2022, the global Lychee market was estimated at USD XX million, and it's anticipated to reach USD XX million in 2028, with a CAGR of XX% during the forecast years.
Lychee is a subtropical fruit. The peel has scaly plaques. The peel is bright red when ripe. Flowering in spring, fruiting in summer. The pulp is translucent and creamy, delicious, but not resistant to storage.
For Lychee, the epidemic has affected Lychee's production, distribution and sales to a certain extent. From the perspective of production, the purchase channels of various means of production are restricted. Due to traffic jams in some areas and the government's policies to restrict people's travel, many merchants selling agricultural production materials such as fertilizers are closed. At the same time, due to the outbreak of the epidemic, the production and operation of the companies that manufacture agricultural production materials that Lychee needs will also have a certain impact.
From the perspective of circulation, due to the outbreak of the epidemic, traffic control has occurred in many areas, and logistics and transportation have been paralyzed. In the process of long-distance transportation, Lychee often requires logistics companies to be fast and stable, so as to ensure its freshness. However, due to the impact of the epidemic, the transportation speed of logistics companies has been significantly reduced, which will affect the circulation of the Lychee industry and may cause Lychee to rot and damage during transportation. From the perspective of the sales side, due to the impact of the "home isolation" of the epidemic, the number of people who came to buy and consume has greatly decreased. The outbreak of the epidemic has dealt a huge blow to the retail industry, and many retail companies have had to suspend store operations. At the same time, due to the outbreak of the new crown pneumonia epidemic, rising inflation, rising prices, and increased living costs for people may reduce purchases of Lychee.
However, with the normalization of epidemic prevention and control and the continuous increase in the vaccination rate of new coronary pneumonia, most consumers have begun to return to normal life, and the Lychee industry has recovered. However, due to the uncertainty of the new crown pneumonia epidemic, the epidemic is still one of the challenges facing the industry.
Lychee Shipping Conundrum
The transportation and preservation of fresh lychees has always been an important problem in the development of the Lychee industry. The main mature season of Lychee is midsummer, at this time, the temperature often reaches above 30?. Lychee, on the other hand, has a thin peel and a lot of juice, which is susceptible to mechanical damage and microbial infection and rot. At the same time, Lychee peel is rich in polyphenol oxidase and peroxidase, which is the key enzyme for peeling browning. When the water loss rate of the peel reaches about 50% of its own content, browning begins. Lychee is arguably one of the most difficult fruits to keep fresh. Generally speaking, fresh Lychee can only be kept for about two or three days at room temperature. Management of temperature, ventilation and relative humidity are the three most important factors affecting the postharvest quality and shelf life of Lychee products. But Lychee is mainly sold by mail. In general, Lychee's transportation conundrums are a reason to limit the industry's growth.
Various developments related to lychee processed food
Lychee is usually eaten fresh, but it can also be further processed. For example, make it into dried lychees. In addition, Lychee can also be processed into juices, wines, juices and jellies. With the rising health awareness of consumers, the demand for a variety of healthy processed foods has not only increased. Taking dried lychees as an example, most of the nutrients of fresh lychees are preserved in dried lychees, which has obvious health benefits, but the preservation time is greatly prolonged. Dried lychees are gaining popularity as a healthy snack as consumers' awareness of the health benefits of dried lychees continues to increase. Dried lychees can be eaten directly or added to various food manufacturing processes. Since Lychee's sweet and tangy taste pair well with many types of candies, dried lychees can be used in a wide variety of candies and snacks. In general, with the continuous development of the food industry, the market size of lychee processed food will continue to expand, which will increase the market demand for Lychee. This is an important reason for the development of the industry.
Company Overview:
DMASS Business is one of the major players operating in the Lychee market, holding a share of 2.36% in 2023.
DMASS Business
DMASS Business is a leading company in the production and marketing of all organic agricultural products. The company's products include avocado, mango, banana, watermelon, papaya, pineapple, melon, lychee, lemon, jackfruit, coffee, etc.
Boca de Perro
Boca de Perro is a fruit grower. The company's business scope includes Japan, the United States and Canada. The company's lychees are sold under the "Santa Sofia" brand.
Segmentation Overview:
By type, Fresh Lychee segment accounted for the largest share of market in 2022.
Fresh Lychee
Fresh Lychee are lychees that are picked from fruit trees without any processing. The feel of fresh lychees should be firm and elastic, with a lot of water.
Dried Lychee
Dried Lychee is processed and dried from fresh lychees and can be preserved for a long time.
Application Overview:
By application, the Offline segment occupied the biggest share from 2018 to 2022.
This report covers a research time span from 2018 to 2028, and presents a deep and comprehensive analysis of the global Lychee market, with a systematical description of the status quo and trends of the whole market, a close look into the competitive landscape of the major players, and a detailed elaboration on segment markets by type, by application and by region.
Key Takeaways from the Global Lychee Market Report:
Market Size Estimates: Lychee market size estimation in terms of value and sales volume from 2018-2028
Market Trends and Dynamics: Lychee market drivers, opportunities, challenges, and risks
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Lychee market
Segment Market Analysis: Lychee market value and sales volume by type and by application from 2018-2028
Regional Market Analysis: Lychee market situations and prospects in North America, Asia Pacific, Europe, Latin America, Middle East, Africa
Country-level Studies on the Lychee Market: Revenue and sales volume of major countries in each region
Lychee Market Competitive Landscape and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product profile and application, etc.
Trade Flow: Import and export volume of the Lychee market in major regions.
Lychee Industry Value Chain: Lychee market raw materials & suppliers, manufacturing process, distributors, downstream customers
Lychee Industry News, Policies & Regulations
Key players in the global Lychee market are covered in Chapter 12:
DMASS Business
Guangdong Sinolychee Agricultural Group
Green Groves
Erickson Farm
SiCar Farms
Boca de Perro
Kaye Family
Fresh Gardens
YP Farms
In Chapter 2 and Chapter 15.1, based on types, the Lychee market from 2018 to 2028 is primarily split into:
Fresh Lychee
Dried Lychee
Others
In Chapter 3 and Chapter 15.2, based on applications, the Lychee market from 2018 to 2028 covers:
Online
Offline
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions are covered in Chapter 7, 8, 9, 10, 11, 15.3, 15.4:
North America (Covered in Chapter 7)
United States
Canada
Asia-Pacific (Covered in Chapter 8)
China
Japan
India
South Korea
Southeast Asia
Australia
Others
Europe (Covered in Chapter 9)
Germany
France
UK
Italy
Spain
Russia
Poland
Others
Latin America (Covered in Chapter 10)
Mexico
Brazil
Argentina
Others
Middle East and Africa (Covered in Chapter 11)
GCC Countries
Africa
Others
The data of this research report is mainly obtained from industry associations, magazines, press releases, national customs, annual reports of enterprises, expert interviews, paid databases and other channels with authority. It also provides scientific forecasts of the industry's core development indicators through professional analysis and forecasting models.
In short, whatever role you take in this industry value chain, this report will help you or your company to acquire a systematic and in-depth understanding of the industry.
Chapter Outline
This report consists of 16 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 starts the report with an overview of the Lychee market, as well as the definitions of the target market and the subdivisions. Through the presented global market size, regional market sizes, and segment market shares, you will be able to draw an overall and comprehensive picture of the market situation. Meanwhile, the research method and data source will be shared in this chapter.
Chapter 2 and Chapter 3 breaks down the market by different types and applications, with historic data presented in metrics of sales volume, revenue, market share and growth rate.
Chapter 4 elaborates on market dynamics and future trends in the industry, which contains an in-depth analysis of market drivers, opportunities, challenges, and risks. Other essential factors that will have a major impact on the market, i.e., industry news and policies in recent years, global inflation, and regional conflict, are also taken into consideration.
Chapter 5 compares the sales volume and revenue of the major regions across the globe, which enables the readers to understand the regional competitive pattern.
Chapter 6 is the analysis of the trade flow. Import volume and export volume are revealed on a regional level.
Chapters 7-11 focus on country-level studies. Data from the major countries in each region are provided, showing the current development of the industry in different countries. Besides, you will also find qualitative trends analysis under global inflation under each of the 6 regions.
Chapter 12 first up presents the competitive landscape by displaying and comparing the revenues, sales volumes, and market shares of the top players in the market, followed by a company-by-company analysis of all the major market participants with introductions of their products, product applications, company profiles, and business overview. In addition, their competitiveness is manifested through numbers of sales volume, revenue, price, gross and gross margin.
Chapter 13 looks into the whole market industrial chain, ranging from the upstream key raw materials and their suppliers to midstream distributors and downstream customers, with influences of global inflation taken into consideration.
Chapter 14 is perfect for those who wish to develop new projects in the industry. This chapter sheds a light on industry entry barriers and gives suggestions on new project investments.
Chapter 15 forecasts the future trend of the market from the perspective of different types, applications, and major regions.
Chapter 16 is the conclusion of the report which helps the readers sum up the main findings and insights.
Years considered for this report:
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2028