Skip to main content
  1. Market Insights
  2. Consumer
  3. Food
  4. Fruits & Nuts

Fresh Fruits - Mongolia

Mongolia
  • Revenue in the Fresh Fruits market amounts to US$316.90m in 2024. The market is expected to grow annually by 10.88% (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$90.71 are generated in 2024.
  • In the Fresh Fruits market, volume is expected to amount to 101.70m kg by 2029. The Fresh Fruits market is expected to show a volume growth of 4.4% in 2025.0.
  • The average volume per person in the Fresh Fruits market is expected to amount to 25.0kg 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 Mongolia is witnessing mild growth, influenced by factors such as increasing consumer health consciousness, enhanced distribution channels, and a growing preference for diverse fruit options. Seasonal variations and climate conditions also play a role in shaping market dynamics.

Customer preferences:
Consumers in Mongolia are increasingly prioritizing fresh, organic produce, reflecting a shift towards healthier lifestyles and dietary choices. This trend is fueled by a growing awareness of nutrition and its impact on overall well-being, particularly among younger demographics. Additionally, urbanization is driving demand for convenient access to diverse fruit options, leading to the expansion of local markets and online platforms. Cultural celebrations also emphasize the use of seasonal fruits, further shaping preferences and increasing consumption during festive periods.

Trends in the market:
In Mongolia, the Fresh Fruits Market is experiencing a surge in demand for organic and locally sourced produce, driven by consumers' increasing focus on health and wellness. As urban populations grow, the preference for convenient and diverse fruit options is leading to a rise in local markets and e-commerce platforms. Seasonal fruits are gaining prominence during cultural celebrations, further boosting consumption. This trajectory signifies a shift towards sustainability and nutrition, presenting opportunities for industry stakeholders to innovate in sourcing, distribution, and marketing strategies to align with evolving consumer preferences.

Local special circumstances:
In Mongolia, the Fresh Fruits Market is uniquely shaped by its harsh climate and remote geography, which limits the variety of locally grown produce. This has led to a burgeoning interest in greenhouse farming and hydroponics as innovative solutions to meet consumer demand for fresh fruits year-round. Culturally, traditional Mongolian celebrations emphasize the importance of seasonal fruits, influencing purchasing patterns during festivals. Additionally, government initiatives promoting organic farming are fostering a regulatory environment conducive to sustainable practices, further enhancing market dynamics and consumer trust.

Underlying macroeconomic factors:
The Fresh Fruits Market in Mongolia is significantly shaped by macroeconomic factors such as global trade dynamics, national economic stability, and consumer spending patterns. The rising global demand for organic and sustainably sourced produce encourages local farmers to adopt innovative farming methods, like greenhouse cultivation, despite climatic challenges. Mongolia's economic growth, driven by mining and exports, enhances disposable income, leading to increased consumer interest in diverse fruit offerings. Furthermore, government fiscal policies supporting agricultural development, along with investments in infrastructure, are pivotal in creating a more robust supply chain, ultimately fostering a healthier market environment for fresh fruits.

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.
More data on the topic

Contact

Get in touch with us. We are happy to help.