The lychee market will reach $8.79 billion by 2028, where does Vietnam stand?

Global Consumption on the Rise According to the "Litchi Market Size and Share Analysis - Growth Trends and Forecast 2023-2028" report by Research and Markets, the global litchi market is experiencing strong growth, with projected value expected to surge from $6.73 billion in 2023 to $8.79 billion by 2028, achieving a compound annual growth rate (CAGR) of 5.5% during this period. This notable growth trend reflects the global appetite for fresh, nutritious fruits and the expanding application of litchis across various fields. As health consciousness and dietary awareness continue to increase worldwide, powerful drivers are propelling the litchi market's development. Consumers in developing and emerging economies are increasingly demanding fresh and nutritious food, thereby expanding the litchi market scale. Moreover, government initiatives and increasing trade activities, especially from key producing countries, play a crucial role in supporting market expansion. Beyond the fresh ...