Lychee Market
Lychee Market Global Industry Assessment & Forecast
#
Pages:
169
2021
Nov - 2021
VMR-2021-0444
Segments Covered
By
Types Litchi chinensis subsp., Litchi chinensis subsp. philippinensis (Radlk.) Leenh., Litchi chinensis subsp. javensis.
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
10.3 Billion |
 Revenue 2028:
|
13.46 Billion |
 Revenue CAGR
(2021 - 2028): |
3.4 |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Research Methodology: Lychee Market - Global Market Assessment, 2021 - 2028
Vantage Market Research follows a proven/time-tested robust methodology to attain results on quantitative and qualitative analysis for specific market research studies. Moreover, Vantage Market Research utilizes tried and tested approaches to arrive at market-related projections. The research methodology is based on the 3-dimensional model consisting of 3 phases namely: Secondary Research, Primary Research, and Data Triangulation. We conduct more than 100 primary interviews for each market either through mail or telephone call. Consumer spending and food habits data distinguished by regions was considered while studying the Lychee market.
Vantage Market Research employs the most infallible research methodology that ensures clients are receiving:
- Reliable, valued, vigorous, and actionable data analysis that would help to take key business decisions
- Statistically improved and consistent insights through a veracious and well-audited research methodology.
- Independent study ensures a tangible representation of the market.
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
Top-down and bottom-up approaches are used to validate and estimate the market size of the Lychee market. After the determination of the overall market size, the market is divided into various segments and sub-segments. Moreover, these same approaches mentioned above were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. The data was triangulated by employing various data models and statistical techniques to arrive at exact statics and market size for each segment/sub-segment of the market.
FAQ
Frequently Asked Question
What is the global demand for Lychee in terms of revenue?
-
The global Lychee valued at 10.3 Billion in 2020 and is expected to reach 13.46 Billion in 2028 growing at a CAGR of 3.4%.
Which are the prominent players in the market?
-
The prominent players in the market are Green Organic, Nam Viet Phat Food Co.Ltd, Nam Van Long Co. Ltd., Siam Pagoda Group Pty Ltd, Fresh As, Viking Foods Co.Ltd, Forager Fruits, Delicious Orchard, Four Season Foods Co. Ltd., Vplanes Net, Tianjin TTN Technology, Nana Suwannaphum Asia Trading L.L.C, Cv. Kunayo Indonesia, WEL-B, Green World Import Export Co.Ltd, Safimex Joint Stock Company, Organic Thai Foods Limited..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 3.4% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Lychee include
- The increasing lychee production with the increase in demand from consumers is expected to propel the growth of the lychee market during the estimated timeframe.
- The increasing exports from Asian countries is further supporting the growth of the global lychee market over the forecast period.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Lychee in 2020.
