Market Size of United States Lime Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Market Size (2024) | USD 2.42 Billion |
| Market Size (2029) | USD 2.92 Billion |
| CAGR (2024 - 2029) | 3.80 % |
US Lime Market Analysis
The United States Lime Market size is estimated at USD 2.42 billion in 2024, and is expected to reach USD 2.92 billion by 2029, growing at a CAGR of 3.80% during the forecast period (2024-2029).
- The lime is a small, green citrus fruit that grows on trees in warm climates. Limes can be sweet or sour, depending on the variety. Most of the limes in US grocery stores are known as Persian limes, most of which are imported from Mexico. In contrast, sweet limes aren't commonly available in the United States because the country mostly imports Persian limes, which have many health benefits. The recent pandemic resulted in the inclusion of healthy foods in the diet, which also includes lime. It has become a driver for the market in the following years and is expected to continue during the forecast period.
- The major lime-producing regions in the country are Arizona, California, Florida, etc. The demand for limes has been increasing in the United States due to their nutrient benefits and other applications such as cosmetics and pharmaceuticals. The price of imported limes in the United States increased throughout 2021 and 2022 and is expected to reach a maximum of USD 76.33 per package in 2023, the highest price in the last three years. This price represents an increase of 70.9% and 167.1% over the maximums obtained in 2022 (USD 44.67) and 2021 (USD 28.58), respectively.
- Adverse weather conditions can be a market restrainer for lime plant growth in certain regions of the United States. However, it is important to note that lime cultivation is not completely impossible in the US. It is successfully grown in several regions, such as California, Florida, and Texas. That being said, the US relies heavily on imported limes, with Mexico being a prominent supplier due to its proximity and favorable climate for lime cultivation. Other countries that export limes to the US include Peru, Brazil, and Colombia
US Lime Industry Segmentation
Lime is a small, lemon-shaped, greenish-yellow citrus fruit with a juicy, sour pulp, rich in ascorbic acid. It is primarily used for food and cosmetics. The study takes into account commercial lime fruit as a commodity.
The United States lime market covers production (volume), consumption (volume and value), import (volume and value), export (volume and value), and price trend analysis.
The report offers market size and forecasts in terms of value in USD and volume in metric ton for all the above segments.
| United States | |
| Production Analysis | |
| Consumption Analysis and Market Value | |
| Import Market Analysis (Volume and Value) | |
| Export Market Analysis (Volume and Value) | |
| Price Trend Analysis |
United States Lime Market Size Summary
The United States lime market is poised for growth, driven by increasing consumer demand for limes due to their health benefits and versatile applications in various industries such as cosmetics and pharmaceuticals. The market is primarily dependent on imports, with Mexico being the largest supplier, followed by countries like Peru, Brazil, and Colombia. Despite the challenges posed by adverse weather conditions affecting domestic production, regions like California, Florida, and Texas continue to cultivate limes. The rising popularity of Persian limes, which dominate the US market, is attributed to their nutritional value, particularly high vitamin C and antioxidant content, which supports immune health and skin vitality. The pandemic has further accelerated the trend towards healthier food choices, bolstering lime consumption.
The market's expansion is also supported by technological advancements, such as those by Hazel Technologies Inc., which have enhanced the shelf life and freshness of limes, thereby supporting supply chain efficiency. The increasing per capita lime consumption reflects a broader trend towards incorporating limes into daily diets, driven by their culinary versatility and health benefits. As the US lime market continues to grow, the reliance on imports remains significant due to limited domestic production capabilities. This import dependency underscores the importance of international trade relationships, particularly with Mexico, which plays a crucial role in meeting the US lime demand.
United States Lime Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Value Chain Analysis
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2. MARKET SEGMENTATION
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2.1 United States
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2.1.1 Production Analysis
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2.1.2 Consumption Analysis and Market Value
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2.1.3 Import Market Analysis (Volume and Value)
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2.1.4 Export Market Analysis (Volume and Value)
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2.1.5 Price Trend Analysis
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United States Lime Market Size FAQs
How big is the United States Lime Market?
The United States Lime Market size is expected to reach USD 2.42 billion in 2024 and grow at a CAGR of 3.80% to reach USD 2.92 billion by 2029.
What is the current United States Lime Market size?
In 2024, the United States Lime Market size is expected to reach USD 2.42 billion.
