The global lime market is experiencing a significant growth, and is expected to grow considerably in next few years. A lime is a green, juicy citrus fruit rich in vitamin C, which tastes sour, and is used to accent the flavors of food and beverages. Limes have higher content of sugar, acids, and slightly less content of citric acid than lemons. Lime juice is majorly used as a beverage to make limeade and mixed in many cocktails.
Companies covered
Maniw & Co. S.A., Exotic Euro Import SA DE CV, CGD Food Services, Doce Mel, Kim Fruit, Findura Foods, Pacific Fruits Corporation, Mai Ka Limited, Isadol Global Services, and Blue Spice Co. Ltd.
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COVID-19 scenario analysis
The outbreak of coronavirus has spread all over the world has disrupted the global economy by halting the operations of industries.Most of the countries are adopting lockdown measures to control the spread of the virus and securing public health. All business and production activities are completely halted except the essential services such as food and medical sectors, leading toward economic crisis. Manufacturing and production have ceased their operation, which has led to decline in businesses. Inactive trade and transportation have disrupted the supply chain
Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Limes are used in many countries for their traditional recipes, for instance, in India;they are used to make pickles, which are the most integral part of Indian cuisine. It is a common ingredient in Vietnamese, Thai, and Mexican dishes for its acidic juice and floral aroma. Thus, all these factors collectively are anticipated to drive growth of the global lime market.
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The global limemarket trends are as follows:
Soft drinks companies are majorly focusing on lime as it serves as an ideal ingredient for soft drinks. Increase inawareness about the health benefits of lime among consumers is augmenting the demand for lime-based products in the market. Lime is a richsource of vitamin C and antioxidants which provide numerous health benefits such as it helps in improving immunity, reduces heart disease, aids iron absorption, prevents kidney stones, improves digestion, fights infection, and helps in weight loss, which fuelthe market growth, globally.
Key segments covered
Type
Key Lime
Persian Lime
Kaffir Lime
Desert Lime
Others
Application
Food & Beverages
Others
Distribution Channel
Online
Offline
Others
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