Pro
Food & Beverage
Australia & New Zealand Dried Fruits MARKET By Application
| Label | North America | United States | Canada | Mexico |
|---|---|---|---|---|
| 2016 | 44.5391 USD Bn | 32.7362385 USD Bn | 7.7943425 USD Bn | 4.008519 USD Bn |
| 2017 | 47.10562412 USD Bn | 34.5755281 USD Bn | 8.267037033 USD Bn | 4.263058983 USD Bn |
| 2018 | 49.91362848 USD Bn | 36.58668968 USD Bn | 8.779807249 USD Bn | 4.547131554 USD Bn |
| 2019 | 52.94836008 USD Bn | 38.73702023 USD Bn | 9.35068039 USD Bn | 4.860659455 USD Bn |
| 2020 | 56.2532353 USD Bn | 41.08736306 USD Bn | 9.968073295 USD Bn | 5.197798942 USD Bn |
| 2021 | 59.83341852 USD Bn | 43.64249547 USD Bn | 10.64436515 USD Bn | 5.546557897 USD Bn |
| 2022 | 63.78643358 USD Bn | 46.44290229 USD Bn | 11.40501432 USD Bn | 5.938516966 USD Bn |
| 2023 | 68.11735255 USD Bn | 49.51450357 USD Bn | 12.23387652 USD Bn | 6.368972463 USD Bn |
Data Source: Wantstats Repository
Market Dynamics
United States accounted for the largest market share in 2017 in the North America functional beverages market, and is expected to reach USD 49.51 Billion in 2023 from USD 34.58 Billion in 2017. However, Mexico is the fastest growing market, which is expected to grow at a CAGR of 6.97% during the forecast period 2018 - 2023. sports beverages segment accounted for the largest market share in 2017, this market is expected to reach USD 18.59 Billion in 2023 from USD 12.73 Billion in 2017. This market is projected to grow at a CAGR of 6.60% during the forecast period from 2018 - 2023. However, functional fruit and vegetable juices segment is the fastest growing market, which is expected to grow at a CAGR of 6.93% during the forecast period 2018 - 2023. store based segment accounted for the larger market share in 2017, this market is expected to reach USD 50.62 Billion in 2023 from USD 35.30 Billion in 2017. This market is projected to grow at a CAGR of 6.26% during the forecast period from 2018 - 2023.
However, non store based segment is the fastest growing market, which is expected to grow at a CAGR of 6.89% during the forecast period 2018 - 2023. health and wellness segment accounted for the largest market share in 2017, this market is expected to reach USD 26.66 Billion in 2023 from USD 18.77 Billion in 2017. This market is projected to grow at a CAGR of 6.10% during the forecast period from 2018 - 2023. However, energy and rejuvenation segment is the fastest growing market, which is expected to grow at a CAGR of 6.87% during the forecast period 2018 - 2023.
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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