The apple market size in China is forecasted to grow steadily from 2024 to 2028, starting at 31.97 million metric tons in 2024 and reaching 32.52 million metric tons by 2028. Compared to the actual market size in 2023, which stood at 31.82 million metric tons, there is a year-on-year growth trend observed. Specifically, the growth rate from 2023 to 2024 is approximately 0.47%, and a similar small increase is seen each subsequent year. The Compound Annual Growth Rate (CAGR) over the 5-year period is around 0.57%, reflecting a modest but consistent increase in apple market volume.
Future Trends to Watch For:
- Advancements in agricultural technology are likely to improve yield and quality.
- Increasing demand for healthy food options among Chinese consumers may drive further market growth.
- Potential fluctuations in import-export policies due to geopolitical shifts could impact market dynamics.
- Climate change impacts and sustainability practices in apple cultivation.