Processed Fruits Market by Product and Geography - Forecast and Analysis 2022-2026

Published: Jul 2022 Pages: 138 SKU: IRTNTR73884

The processed fruits market share is expected to increase by USD 160.83 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 7.24%.

This processed fruits market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers processed fruits market segmentation by product (fresh cut, canned fruits, and frozen fruits) and geography (APAC, Europe, North America, Middle East and Africa, and South America). The processed fruits market report also offers information on several market vendors, including AGRANA Beteiligungs AG, Aohata Corp., Calavo Growers Inc., Capricorn Food Products India Ltd., CHB Group, Del Monte Food Inc., Delicia Foods India Pvt. Ltd., Dole Food Co. Inc., Mysore Fruit Products Pvt. Ltd., Ninos Fresh Cut Fruit and Veg LLC, Rhodes Food Group Holdings Ltd., Royal Ridge Fruits, Speyfruit Ltd, Sysco Corp., and US Foods Holding Corp. among others.

What will the Processed Fruits Market Size be During the Forecast Period?

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Processed Fruits Market: Key Drivers, Trends, and Challenges

The increase in demand for processed fruits is notably driving the processed fruits market growth, although factors such as the side effects of chemically processed fruits and fruit products may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the processed fruits industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Processed Fruits Market Driver

  • The increase in demand for processed fruits is one of the key drivers fueling the processed fruits market growth.
  • Fruit processing is the method of converting raw food ingredients into marketable food products, which can be easily prepared and used by consumers.
  • The demand for processed fruits is increasing at a significant rate globally due to factors such as their convenient form (ready-to-eat) and health benefits. 
  • There is an increasing demand for frozen fruits due to the popularity of berries, which is one of the main frozen fruit products. 
  • The factors driving the growth of processed fruits trade globally are improved market access for vendors and consumers, changing consumer preferences for convenient and healthy food, and others. These factors will drive market growth during the forecast period.

Key Processed Fruits Market Trend

  • The increasing online presence of processed fruit vendors is one of the key processed fruits market trends propelling the market growth.
  • Increasing penetration of smartphones and the rising accessibility to the Internet are promoting the sales of processed fruits online. 
  • E-commerce platforms give liberty to consumers to choose from a wide range of brands and to purchase processed fruits whenever and wherever they want. Thus, time-pressed urban consumers are readily purchasing processed fruits via e-commerce platforms. 
  • Selling products online provides vendors an opportunity to expand their market share in regions where the companies cannot reach physically. Therefore, the increasing online presence of processed fruit vendors will spur the growth of the market during the forecast period.

Key Processed Fruits Market Challenge

  • The side effects of chemically processed fruits and fruit products is one of the key factors challenging the processed fruits market growth.
  • There are several health implications associated with the consumption of chemically processed fruit products. The artificial sugar, sodium, and fat in chemically processed fruits can lead to serious health issues, including obesity, heart disease, high blood pressure, diabetes, and cancer. 
  • Chemically processed foods are often packed with refined carbs, which causes blood sugar to rise too quickly. 
  • The manufacturers of chemically processed fruit products are some of the major end-users of the vendors present in the global processed fruits market. Therefore, the increasing concerns about the side effects of chemically processed fruits might slow down the demand for processed fruits in the chemically processed fruit products end-user industry.

This processed fruits market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global processed fruits market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the processed fruits market during the forecast period.

Who are the Major Processed Fruits Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • AGRANA Beteiligungs AG
  • Aohata Corp.
  • Calavo Growers Inc.
  • Capricorn Food Products India Ltd.
  • CHB Group
  • Del Monte Food Inc.
  • Delicia Foods India Pvt. Ltd.
  • Dole Food Co. Inc.
  • Mysore Fruit Products Pvt. Ltd.
  • Ninos Fresh Cut Fruit and Veg LLC
  • Rhodes Food Group Holdings Ltd.
  • Royal Ridge Fruits
  • Speyfruit Ltd
  • Sysco Corp.
  • US Foods Holding Corp.

 

This statistical study of the processed fruits market encompasses successful business strategies deployed by the key vendors. The processed fruits market is concentrated and the vendors are deploying growth strategies such as quality, brand reputation, and price to compete in the market.

Product Insights and News

  • Agrana.com - The company offers processed fruit products such as IQF fruit mixes and IQF mono fruit.
  • Calavo.com - The company offers processed fruit products such as canned pineapple and canned honeydew.
  • Chb.gr - The company offers processed fruit products such as canned peaches, canned oranges, canned apricots, and canned apples.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The processed fruits market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Processed Fruits Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the processed fruits market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for the Processed Fruits Market?

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36% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for processed fruits market in APAC. Market growth in this region will be slower than the growth of the market in Europe and North America.

The established processed fruit vendors, such as Del Monte, are strengthening their presence in India through their strong distribution network with the retailers in the country, which will facilitate the processed fruits market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 had a moderate impact on the regional market. However, in 2021, the initiation of vaccination drives by the governments of APAC countries led to the lifting of lockdown restrictions and the resumption of activities in offline retail channels. This has increased the demand for processed fruits in offline channels. Such factors are expected to drive the growth of the market during the forecast period.

What are the Revenue-generating Product Segments in the Processed Fruits Market?

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The processed fruits market share growth by the fresh-cut segment will be significant during the forecast period. Fresh-cut fruits are defined as any fresh fruits that are physically altered from their original form but remain fresh. The steps of physical alteration include minimal processing, such as washing, peeling, and cutting into pieces for the convenience of consumers. Moreover, the increasing consumer awareness about the health benefits of minimally processed fruits is the major factor driving the growth of this segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the processed fruits market size and actionable market insights on post COVID-19 impact on each segment.

 

Processed Fruits Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.24%

Market growth 2022-2026

$ 160.83 billion

Market structure

Concentrated

YoY growth (%)

6.5

Regional analysis

APAC, Europe, North America, Middle East and Africa, and South America

Performing market contribution

APAC at 36%

Key consumer countries

US, Canada, China, India, and Germany

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

AGRANA Beteiligungs AG, Aohata Corp., Calavo Growers Inc., Capricorn Food Products India Ltd., CHB Group, Del Monte Food Inc., Delicia Foods India Pvt. Ltd., Dole Food Co. Inc., Mysore Fruit Products Pvt. Ltd., Ninos Fresh Cut Fruit and Veg LLC, Rhodes Food Group Holdings Ltd., Royal Ridge Fruits, Speyfruit Ltd, Sysco Corp., and US Foods Holding Corp.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Processed Fruits Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive processed fruits market growth during the next five years
  • Precise estimation of the processed fruits market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the processed fruits industry across APAC, Europe, North America, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of processed fruits market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Fresh cut - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Fresh cut - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 29: Data Table on Fresh cut - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 30: Chart on Fresh cut - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Fresh cut - Year-over-year growth 2021-2026 (%)
    • 5.4 Canned fruits - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Canned fruits - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 33: Data Table on Canned fruits - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 34: Chart on Canned fruits - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Canned fruits - Year-over-year growth 2021-2026 (%)
    • 5.5 Frozen fruits - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Frozen fruits - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 37: Data Table on Frozen fruits - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 38: Chart on Frozen fruits - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Frozen fruits - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Product
      • Exhibit 40: Market opportunity by Product ($ billion)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 59: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 60: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.7 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 70: Chart on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 71: Data Table on US - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 72: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 74: Chart on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 75: Data Table on Germany - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 76: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 India - Market size and forecast 2021-2026
      • Exhibit 78: Chart on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 79: Data Table on India - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 80: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.12 Canada - Market size and forecast 2021-2026
      • Exhibit 82: Chart on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 83: Data Table on Canada - Market size and forecast 2021-2026 ($ billion)
      • Exhibit 84: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.13 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ billion)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 AGRANA Beteiligungs AG
              • Exhibit 93: AGRANA Beteiligungs AG - Overview
              • Exhibit 94: AGRANA Beteiligungs AG - Business segments
              • Exhibit 95: AGRANA Beteiligungs AG - Key offerings
              • Exhibit 96: AGRANA Beteiligungs AG - Segment focus
            • 10.4 Calavo Growers Inc.
              • Exhibit 97: Calavo Growers Inc. - Overview
              • Exhibit 98: Calavo Growers Inc. - Business segments
              • Exhibit 99: Calavo Growers Inc. - Key news
              • Exhibit 100: Calavo Growers Inc. - Key offerings
              • Exhibit 101: Calavo Growers Inc. - Segment focus
            • 10.5 CHB Group
              • Exhibit 102: CHB Group - Overview
              • Exhibit 103: CHB Group - Product / Service
              • Exhibit 104: CHB Group - Key offerings
            • 10.6 Del Monte Food Inc.
              • Exhibit 105: Del Monte Food Inc. - Overview
              • Exhibit 106: Del Monte Food Inc. - Business segments
              • Exhibit 107: Del Monte Food Inc. - Key news
              • Exhibit 108: Del Monte Food Inc. - Key offerings
              • Exhibit 109: Del Monte Food Inc. - Segment focus
            • 10.7 Delicia Foods India Pvt. Ltd.
              • Exhibit 110: Delicia Foods India Pvt. Ltd. - Overview
              • Exhibit 111: Delicia Foods India Pvt. Ltd. - Product / Service
              • Exhibit 112: Delicia Foods India Pvt. Ltd. - Key offerings
            • 10.8 Dole Food Co. Inc.
              • Exhibit 113: Dole Food Co. Inc. - Overview
              • Exhibit 114: Dole Food Co. Inc. - Product / Service
              • Exhibit 115: Dole Food Co. Inc. - Key news
              • Exhibit 116: Dole Food Co. Inc. - Key offerings
            • 10.9 Ninos Fresh Cut Fruit and Veg LLC
              • Exhibit 117: Ninos Fresh Cut Fruit and Veg LLC - Overview
              • Exhibit 118: Ninos Fresh Cut Fruit and Veg LLC - Product / Service
              • Exhibit 119: Ninos Fresh Cut Fruit and Veg LLC - Key offerings
            • 10.10 Rhodes Food Group Holdings Ltd.
              • Exhibit 120: Rhodes Food Group Holdings Ltd. - Overview
              • Exhibit 121: Rhodes Food Group Holdings Ltd. - Business segments
              • Exhibit 122: Rhodes Food Group Holdings Ltd. - Key offerings
              • Exhibit 123: Rhodes Food Group Holdings Ltd. - Segment focus
            • 10.11 Sysco Corp.
              • Exhibit 124: Sysco Corp. - Overview
              • Exhibit 125: Sysco Corp. - Business segments
              • Exhibit 126: Sysco Corp. - Key offerings
              • Exhibit 127: Sysco Corp. - Segment focus
            • 10.12 US Foods Holding Corp.
              • Exhibit 128: US Foods Holding Corp. - Overview
              • Exhibit 129: US Foods Holding Corp. - Product / Service
              • Exhibit 130: US Foods Holding Corp. - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 131: Inclusions checklist
                • Exhibit 132: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 133: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 134: Research methodology
                • Exhibit 135: Validation techniques employed for market sizing
                • Exhibit 136: Information sources
              • 11.5 List of abbreviations
                • Exhibit 137: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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