Technavio predicts the Apple Market will grow by USD 14.71 billion between 2023 and 2028, registering a CAGR of 3.25%. Key factors contributing to this growth include the rising popularity of apples as a superfood, given their well-known health benefits. Consumers are seeking nutritious options like apples for their fiber and antioxidant properties. Additionally, the rise of urban farming and community gardens is increasing local production and consumption of apples. Tighter food safety regulations, especially concerning sparkling juices, are further driving demand for high-quality apples. Furthermore, technological advances in packaging and storage are extending the shelf life of apples, ensuring they can be transported globally with minimal spoilage. These combined forces are contributing to a robust apple market, poised for growth in the coming years.

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