Tart Cherry Market is accounted at USD 630.9 Million in 2020 and expected to reach USD 693.8 Million by 2025 with the CAGR of 1.89 % over the forecast period.
Global Tart Cherry Market has prominent players are Fruit Co, BEL’EXPORT NV, Hood River Cherry Co, Smelterz Orchard Co, The Global Green Co Ltd, AlacamTarim, Dell’s Maraschino Cherries, Vitin Fruits and Rainier Fruit Co. and others.
April2020, Hood River Cherry Co, “Our lives have changed just like everyone else’s,” said Brad Fowler of Hood River Cherry Co. “But after an avalanche of bad news, something truly wonderful is happening in our cherry orchards now. It is almost as if Mother Nature knows humankind needs a little good fortune.” Company is completely focused on how can protect their workers and keep cherries safe to eat for customers. It is late-season high-elevation producers, but they produce cherries aren’t available until mid-July through late-August. Their plan is to watch the early season growers and shippers and see what worked for them.
East Michigan fruit update on April 2020 shows Tart cherries are at tight cluster to early open cluster. In cutting a good number of tart cherry flower buds yesterday, April 27, I can find some damage to flower buds due to freezing temperatures last Wednesday morning. I estimate damage to be limited, in the 20-30% range.
Traverse Bay Farms / Fruit Advantage announced No Price Change for 2020 Montmorency Tart Cherry Juice Concentrate and Offers Free Shipping on Cherry Juice Concentrate, Too. Due to the short cherry crop yield in 2020, there is a shortage is available cherries for cherry-based products. As prices have increased as much as 25% for other cherry juice and cherry juice concentrate products. The coming increase in the price for the tart cherry juice concentrate in the general market is due to the tart cherry harvest, weather conditions, transportation, energy costs and more.
By Taste it includes Sweet and Sour. By Application it has Bakery, Jams, Jellies, Ice Creams, Salads, Dairy Beverages, Direct Consumption, Alcoholic Beverages and Other. By region it has North America, Europe, Asia-Pacific and Row. In this market Europe is a dominant market in terms of market shares. The production of tart cherry is 16.7% in Russia. Germany is the third largest importer of cherries in the world after China and Russia. High-quality sweet and sour cherry cultivars suitable for the European market, around 40% of world cherry production originates from Europe. Further North America region is the second largest region in the market. U.S has large share due to the high production rate of tart cherry.
Current Pandemic situation Tart Cheery market has come slow down. Much production has stopped in this lockdown which effect on global economic condition. Market will gain the profit again after the situation become goes normal.
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