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Fresh Fruits - Bolivia

Bolivia
  • Revenue in the Fresh Fruits market amounts to US$820.90m in 2024. The market is expected to grow annually by 6.72% (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$65.32 are generated in 2024.
  • In the Fresh Fruits market, volume is expected to amount to 425.90m kg by 2029. The Fresh Fruits market is expected to show a volume growth of 3.6% in 2025.0.
  • The average volume per person in the Fresh Fruits market is expected to amount to 29.3kg 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.

For more information on the displayed data, click the info button on the right side of each box.

In-Scope

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

Out-Of-Scope

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

Revenue

Notes: Data was converted from local currencies using average exchange rates of the respective year.

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Volume

Most recent update: Sep 2024

Source: Statista Market Insights

Most recent update: Sep 2024

Source: Statista Market Insights

Price

Most recent update: Sep 2024

Source: Statista Market Insights

Sales Channels

Most recent update: Nov 2024

Source: Statista Market Insights

Global Comparison

Most recent update: Sep 2024

Source: Statista Market Insights

Analyst Opinion

The Fresh Fruits Market in Bolivia is witnessing minimal growth, influenced by factors such as fluctuating consumer preferences, limited access to diverse fruit varieties, and challenges in distribution channels that hinder market expansion and accessibility.

Customer preferences:
In Bolivia, consumers are increasingly prioritizing health and wellness, driving a shift towards organic and locally sourced fresh fruits. This trend is influenced by a growing awareness of nutrition and the benefits of consuming fresh produce. Additionally, younger demographics are embracing convenience, leading to a rise in demand for online purchasing and delivery services for fruits. Cultural festivities are also impacting preferences, with traditional fruits gaining popularity during local celebrations, further diversifying the fresh fruit market landscape.

Trends in the market:
In Bolivia, the fresh fruits market is experiencing a notable shift towards organic and sustainable sourcing, as consumers increasingly prioritize health and wellness in their purchasing decisions. This trend is characterized by a rising demand for locally grown produce, reflecting a growing awareness of nutritional benefits and environmental impact. Concurrently, the popularity of online shopping and delivery services is expanding, driven by younger consumers seeking convenience. Cultural celebrations further enhance market diversity, as traditional fruits gain prominence during festivities, prompting industry stakeholders to adapt their offerings and marketing strategies to align with these evolving consumer preferences.

Local special circumstances:
In Bolivia, the fresh fruits market is significantly influenced by its diverse geography, which ranges from the Andean highlands to the Amazon rainforest, allowing for a wide variety of exotic fruits. Cultural traditions play a crucial role, as indigenous celebrations often highlight local fruit consumption, fostering a sense of community and heritage. Additionally, regulatory support for organic farming practices has bolstered the growth of sustainable sourcing. These unique factors create a vibrant market that emphasizes local produce, health consciousness, and cultural relevance in consumer choices.

Underlying macroeconomic factors:
The Fresh Fruits Market in Bolivia is shaped by macroeconomic factors including national economic stability, trade policies, and global market trends. Economic growth in Bolivia, driven by a focus on agricultural exports, has enhanced investment in the fresh fruit sector, enabling farmers to access better resources and technology. Additionally, favorable trade agreements facilitate the export of Bolivian exotic fruits to international markets, increasing competitiveness. Inflation rates and currency fluctuations can impact consumer purchasing power, influencing demand for fresh fruits. Furthermore, rising global health consciousness encourages local producers to adopt organic farming practices, aligning with both domestic and international market trends.

Methodology

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.

Key Market Indicators

Notes: Based on data from IMF, World Bank, UN and Eurostat

Most recent update: Sep 2024

Source: Statista Market Insights

Explore more high-quality data on related topic

Fresh fruit in retail - statistics & facts

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.
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