Zucchini Produce Market Size (2023-2030)

The global Zucchini Produce Market size is estimated to grow from USD 500 Million in 2023 to USD 750 Million by 2030. The market is witnessing a healthy CAGR of 6.3 % from 2023 to 2030. Many health benefits provided by Zucchini are the major factor that is driving the growth of the industry.

Industry Overview:

Zucchini is a warm-season crop that can't tolerate frost or freezing temperatures, so it's first-rate to plant your zucchini in the early summer when temperatures are at least 70 stages Fahrenheit or more. Zucchini grows speedy and plentiful—approximately one to two inches per day, and can produce up to ten kilos of zucchini squash per plant. They take about two months to harvest, and can additionally be sowed and harvested in many instances per developing season.

Ordinary zucchini fruit is any color of green, although the golden zucchini is a deep yellow or orange. At maturity, they can develop to almost 1 meter (3 feet) in length, however, they are generally harvested at about 15–25 cm (6–10 in). In botany, the zucchini's fruit is a pepo, a berry (the swollen ovary of the zucchini flower) with a hardened epicarp. In cookery, it is a vegetable, generally cooked and eaten as a savory dish or accompaniment.

Zucchini occasionally comprise toxic cucurbitacins, making them extraordinarily bitter, and inflicting extreme gastro-enteric upsets. Causes consist of careworn developing conditions and move pollination with decorative squashes. Zucchini descends from squashes first domesticated in Mesoamerica over 7,000 years ago, but the zucchini itself used to be bred in Milan in the late nineteenth century.

COVID-19 impact on the Zucchini Produce Market        

COVID-19 is an infectious sickness that originated in the Hubei province of Wuhan town in China in late December. The highly contagious disease, prompted by a virus, extreme acute respiratory syndrome coronavirus two (SARS-CoV-2), is transmitted from human to human. Since the outbreak in December 2019, the ailment has unfolded to nearly 213 international locations around the globe with the World Health Organization declaring it a public fitness emergency on March 11, 2020.

In the context of COVID-19, government agencies in various countries, lookup institutes, and many biotech and pharmaceutical companies are focusing on tremendous and fast technologies for the fast prognosis of COVID-19.

COVID-19 has considerably affected the market. There was a change in consumers' shopping behavior. This speedy change used to be due to most customers transferring towards eating more healthy products throughout the pandemic, owing to the rising cognizance of the customers towards their health. The shoppers had been highly centered on keeping accurate fitness to avoid numerous diseases, together with COVID-19.

MARKET DRIVERS:

The numerous health benefits provided by zucchini are driving the growth of the market

Zucchini is packed with many essential vitamins, minerals, and antioxidants. It has an excessive fiber content material and a low-calorie count. Fiber performs a vital function in digestion and may additionally restrict the probability of struggling with a range of GI issues. Zucchini contains zeaxanthin and countless different compounds that can play a position in stopping oxidative stress. This, in turn, may also restrict the possibility of creating cancer. Zucchini is prosperous in nutrition B6. Research suggests that this nutrition can assist with regulating blood glucose. The diet may additionally even play a protective position against diabetes. These health benefits are in growing demand in the market.

MARKET RESTRAINTS:

The side effects of zucchini are restraining the growth of the market

Zucchini might purpose digestive problems in humans struggling with Irritable Bowel Syndrome (IBS). Bitter zucchini may additionally cause stomach cramps or diarrhea. Zucchini would possibly reason allergies in persons like nausea and pruritus (severe pores and skin itching). These factors are restraining the growth of the market during the forecast period.

ZUCCHINI PRODUCE MARKET REPORT COVERAGE:

Zucchini Produce Market - By Distribution Channel:

• Grocery

• Online Retailers

• Supermarkets and Hypermarkets

• Others

Based on the Distribution Channel, the market is divided into basically four segments that are grocery, Online Retailers, supermarkets, and hypermarkets, in which the grocery segment is estimated to grow at a rapid rate due to the increase in the demand from customers side. Grocery stores provide fresh zucchini which are preferred by customers. The supermarket is also estimated to show a significant impact on the market during the forecast period, 2023-2030.

Zucchini Produce Market - By Region:

• North America

• Europe

• Asia-Pacific

• Latin America

• The Middle East

• Africa

Geographically, Asia-Pacific is the biggest market as producers in the marketplace select a healthy food plan to hold a healthier lifestyle. China in the Asia Pacific became the largest producer of zucchini in 2022 which increased the demand in the market, Moreover, consumers’ choice for a healthier lifestyle is due to the accelerated fitness awareness in this region. The elements fueling consumers' pastime in cold-pressed juice include the rising variety of people skipping breakfast and searching for an on-the-go choice that gives them dietary benefits.

North America became the largest importer of zucchini during the forecast period. Furthermore, heightened attention toward immunity-boosting liquids will expedite investments.

Zucchini Produce Market Share by Company

Companies like

1. Parker Firms

2. Continental Fresh LLC

3. Vega Produce LLC

4. Agritrade Firms LLC

5. TR sales company Inc.

6. Pero Family Farms

7. Double green Wholesome

And others playing a pivotal role in the market. Mergers and acquisitions in the enterprise have enabled players to diversify and decorate their carrier services.

Recently, Parker Firms, a United States-based company became the largest producer of Zucchini in the world followed by Continental Produce LLC and others. The market is highly fragmented. Prominent market players are pursuing a number of strategies, such as strategic joint ventures and partnership agreements, product innovations, lookup & development initiatives, geographical expansions, and mergers & acquisitions, to improve their foothold in the industry. They are especially focusing on providing cloud-based or on-premise options to giant enterprises to allow environment-friendly and effective money transfers in real time. Vendors are additionally focusing on increasing their product choices to enhance the consumer experience.

NOTABLE HAPPENINGS IN THE GLOBAL ZUCCHINI PRODUCE MARKET IN THE RECENT PAST:

• Producer - In May 2021, Honduras company became the largest importer of zucchini in the market.