Fresh Fruits - Angola | Statista Market Forecast

Revenue in the Fresh Fruits market amounts to US$1.92bn in 2024. The market is expected to grow annually by 8.26% (CAGR 2024-2029).
In global comparison, most revenue is generated India (US$116bn in 2024).
In relation to total population figures, per person revenues of US$50.72 are generated in 2024.
In the Fresh Fruits market, volume is expected to amount to 1.32bn kg by 2029. The Fresh Fruits market is expected to show a volume growth of 2.2% in 2025.0.
The average volume per person in the Fresh Fruits market is expected to amount to 32.5kg in 2024.

Definition:

The Fresh Fruits market covers all types of fresh fruit that haven't been canned, frozen, dehydrated, or preserved in any way. This market is divided into five submarkets: apples & pears, bananas, berries & grapes, citrus fruits, and other fresh fruits such as peaches, mangos, pineapples, plums, and kiwis.

Additional Information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per unit (unit refers to kilogram), sales channels. The market encompasses retail sales through both online and offline sales channels to private end customers (B2C). The market only covers at-home consumption; out-of-home consumption is not included.

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Apples & pears
Bananas
Berries & grapes
Citrus fruits
Stone and exotic fruits

Processed, dried and frozen fruits
Nuts
Mix cut fruit boxes
Out-of-home consumption

The Fresh Fruits market in Angola has seen modest growth due to factors such as limited access to digital technologies, low health awareness among consumers, and lack of convenience in online services. Sub-markets like Apples & Pears and Berries & Grapes may struggle due to lower demand and logistical challenges. However, efforts to improve infrastructure and increase consumer education could drive future growth.

Customer preferences: As consumers become more health-conscious, there has been a rise in demand for organic and locally sourced fresh fruits in Angola. This trend is driven by a growing awareness of the health benefits of consuming fresh produce and a desire to support local farmers. Additionally, there has been a shift towards online grocery shopping, with consumers preferring the convenience and safety of home delivery. This trend is expected to continue as the COVID-19 pandemic has accelerated the adoption of e-commerce in the country.

Trends in the market: In Angola, the Fresh Fruits Market of the Fruits & Nuts Market within The Food market industry is experiencing a rise in demand for organic and locally sourced produce. This trend is driven by increasing consumer awareness of the health benefits of organic foods and the desire to support local farmers. This trajectory is significant for industry stakeholders as it presents opportunities for partnerships with local farmers and the potential for premium pricing. It also has implications for supply chain management, as companies may need to invest in infrastructure to support the growth of organic produce. Additionally, the trend may lead to a shift in consumer preferences and purchasing habits, potentially impacting the market share of traditional produce suppliers.

Local special circumstances: In Angola, the Fresh Fruits Market of the Fruits & Nuts Market within The Food market is heavily influenced by its geographical location and unique farming practices. The country's tropical climate and rich soil allow for the cultivation of a wide variety of fruits, such as bananas, mangoes, and pineapples. Additionally, cultural traditions and government regulations play a significant role in shaping the market, as many fruits are grown and sold by small-scale farmers and sold in traditional markets. This creates a vibrant and diverse market, with a strong emphasis on locally sourced and sustainable produce.

Underlying macroeconomic factors: The Fresh Fruits Market of the Fruits & Nuts Market within The Food market is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. Countries with stable economies and supportive fiscal policies tend to experience higher demand for fresh fruits, as consumers have more disposable income to spend on healthy food options. Additionally, the increasing focus on health and wellness globally has led to a rise in demand for fresh fruits, as they are perceived as natural and nutritious. However, regions with economic instability and high inflation rates may see a decline in demand for fresh fruits, as consumers prioritize essential items over premium food products. Furthermore, the availability and cost of transportation and storage infrastructure also play a significant role in the performance of the Fresh Fruits Market, as they impact the supply chain and ultimately, the prices of fresh fruits for consumers.

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.

The fresh produce department is often counted as being one of the main determinants among consumers when selecting a grocery store. In 2022, the fruit and vegetable market in the U.S. was valued at over 5.8 billion U.S. dollars. In the same year, the sales of fresh fruit made up 45 percent of produce sales in the U.S., making it one of the most lucrative fresh food categories. In order to help drive sales, producers frequently launch in-store marketing campaigns. Ideas range from promoting the healthy benefits of fruit, to offering convenient, value-added snack-size options.