The Global Apple Market is on track to grow by USD 14.71 billion from 2023 to 2028, registering a CAGR of 3.25%, according to Technavio. Several factors are fueling this growth, including the increasing popularity of apples as a superfood. With their well-known health benefits, apples are gaining favor among health-conscious consumers. Moreover, the rise of urban farming initiatives has encouraged more local apple production, leading to higher consumption rates. Technavio also points to strict food safety regulations as another driving force behind the market's expansion, particularly in the sparkling juice segment, where consumers demand safer and higher-quality products. Additionally, innovations in packaging and storage technologies are prolonging the freshness of apples, which is helping them reach international markets more effectively. These developments are collectively propelling the global apple market forward.

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