Australia & New Zealand Dried Fruits MARKET By Application
| Label | Asia Pacific | China | India | Japan | Rest of Asia Pacific | Australia and New Zealand |
|---|---|---|---|---|---|---|
| 2018 | 72.47 USD Mn | 23.89 USD Mn | 19.10 USD Mn | 12.76 USD Mn | 9.84 USD Mn | 6.88 USD Mn |
| 2019 | 79.54 USD Mn | 26.12 USD Mn | 21.02 USD Mn | 14.02 USD Mn | 10.78 USD Mn | 7.60 USD Mn |
| 2020 | 87.34 USD Mn | 28.57 USD Mn | 23.14 USD Mn | 15.42 USD Mn | 11.83 USD Mn | 8.39 USD Mn |
| 2021 | 95.96 USD Mn | 31.26 USD Mn | 25.48 USD Mn | 16.96 USD Mn | 12.98 USD Mn | 9.28 USD Mn |
| 2022 | 105.48 USD Mn | 34.23 USD Mn | 28.08 USD Mn | 18.67 USD Mn | 14.25 USD Mn | 10.25 USD Mn |
| 2023 | 116.00 USD Mn | 37.49 USD Mn | 30.95 USD Mn | 20.55 USD Mn | 15.65 USD Mn | 11.34 USD Mn |
| 2024 | 127.63 USD Mn | 41.09 USD Mn | 34.14 USD Mn | 22.65 USD Mn | 17.20 USD Mn | 12.55 USD Mn |
| 2025 | 140.51 USD Mn | 45.06 USD Mn | 37.68 USD Mn | 24.96 USD Mn | 18.91 USD Mn | 13.90 USD Mn |
| 2026 | 154.76 USD Mn | 49.43 USD Mn | 41.60 USD Mn | 27.53 USD Mn | 20.80 USD Mn | 15.40 USD Mn |
Data Source: Wantstats Repository
Market Dynamics
China accounted for the largest market share in 2019 in the Asia Pacific agricultural inoculants market, and is expected to reach USD 49.43 Million in 2026 from USD 26.12 Million in 2019. However, Australia and New Zealand is the fastest growing market, which is expected to grow at a CAGR of 10.65% during the forecast period 2020 - 2026. oilseeds and pulses segment accounted for the largest market share in 2019, this market is expected to reach USD 66.60 Million in 2026 from USD 33.88 Million in 2019. This market is projected to grow at a CAGR of 10.19% during the forecast period from 2020 - 2026. However, fruits and vegetables segment is the fastest growing market, which is expected to grow at a CAGR of 10.30% during the forecast period 2020 - 2026. seed inoculation segment accounted for the largest market share in 2019, this market is expected to reach USD 78.40 Million in 2026 from USD 40.68 Million in 2019. This market is projected to grow at a CAGR of 9.83% during the forecast period from 2020 - 2026.
However, soil inoculation segment is the fastest growing market, which is expected to grow at a CAGR of 10.19% during the forecast period 2020 - 2026. bacterial inoculants segment accounted for the largest market share in 2019, this market is expected to reach USD 99.30 Million in 2026 from USD 51.10 Million in 2019. This market is projected to grow at a CAGR of 9.98% during the forecast period from 2020 - 2026. However, fungal inoculants segment is the fastest growing market, which is expected to grow at a CAGR of 10.10% during the forecast period 2020 - 2026.
Research Methodology
Figures reflect Wantstats’ original market research and forecasting models, compiled as part of the Wantstats research archive and published in 2023.
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