In the first half of 2023, raspberry prices continued their downward trajectory, following the trend from the previous quarter. The influx of raspberries from various producing nations, alongside a decrease in consumer demand driven by heightened global inflation, were key factors shaping the raspberry market. Suppliers, initially stockpiling large quantities, began releasing them to prevent further market devaluation, resulting in an oversupply situation that clashed with dwindling demand. Consequently, an overall pessimistic sentiment prevailed in the market.
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Definition
Raspberry is a type of small, juicy, and flavorful fruit that belongs to the rose family. It typically comes in various colors, including red, black, and yellow, and is known for its sweet-tart taste. Raspberries are commonly used in desserts, jams, sauces, and eaten fresh due to their delicious and refreshing nature.
Key Details About the Raspberries Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Raspberries in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Raspberries Price chart, including India Raspberries price, USA Raspberries price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Raspberries Price Trend:
Raspberries find key industrial uses in the food and beverage industry, where they are processed into jams, jellies, juices, and fruit fillings. They are also utilized in the production of flavored syrups, liqueurs, and as an ingredient in various confectionery products. Additionally, raspberries are essential in the cosmetics industry for their antioxidant-rich properties in skincare formulations.
Key Players:
- Fresgarrido
- Mirak Group
- Korra Agri
- Naturipe Farms
- Berry Gardens Ltd
- Berrihealth
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