FRUITS INVESTMENT
Group Investment
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SUGAR CANE
Sugarcane is a crop primarily grown in tropical countries and has the notable quality of serving as both a food and a fuel source. Along with supplying 86 per cent of the world’s sugar (the remaining coming from beet), sugarcane also serves as a key biofuel feedstock, given that it is highly efficient in converting sunlight into energy.
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PINEAPPLE
Costa Rica, the world's leading pineapple exporter, grew 9% in exports in January and February of 2020 compared to the same period in 2019. Costa Rica has seen a considerable increase in demand this year as a result of the Chinese ban on imports from Taiwan, and prices have surged by 14%. While China is looking for alternative buyers, European countries still face limited supply, keeping the market balanced.
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PAPAYA
The market demand for tropical fruits has been growing steadily over the past two decades. Global production of tropical fruits (excluding bananas) reached 73.02 million (M) metric tonnes (t) in 2010. Gaining in popularity worldwide, papaya is now ranked third with 11.22 Mt, or 15.36 percent of the total tropical fruit production, behind mango with 38.6 Mt (52.86%) and pineapple with 19.41 Mt (26.58%). Global papaya production has grown significantly over the last few years, mainly as a result of increased production in India
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COCONUT
According to the report, the global coconut products market size was at $11.5 billion in 2018 and is anticipated to reach $31.1 billion by 2026, with a CAGR of 13.6% during the forecast period. The market is expected to exhibit an incremental revenue opportunity of $19.7 billion from 2018 to 2026.