According to the research report titled ‘Global Lychee Market is segmented by Lychee type (Emperor Lychee Fruit, Mauritius Lychee Fruit, Sweetheart Lychee Fruit, Brewster Lychee Fruit, Haak Yip Lychee Fruit and Others), by Import and Export (Volume and Value), by consumption type (volume and value), Regional Forecasts 2021-2027’, available with MarketStudyReport, global lychee market is expected to amass notable gains, growing at 3.5% CAGR during the forecast period 2021-2027.
 

Rising demand for fresh products particularly in developing nations, combined with supportive government policies are primarily augmenting the expansion of worldwide lychee industry.
 

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Moreover, surging demand from numerous international markets and continuous growth of the Indian industry are creating remunerative prospects for enterprises operating in this domain.
 

For the unversed, lychee is the only edible fruit from the genus Litchi of the soapberry family, Sapindaceae, and is majorly produced in countries like China, Vietnam, and India.
 

Despite the optimistic outlook, prolonged lockdowns imposed due to the COVID-19 pandemic  across the globe are likely to hinder the progress of the industry over the forthcoming years.
 

With respect to consumption type, global lychee market is divided based on volume and value. In terms of product gamut, the industry is categorized into haak yip lychee, Mauritius lychee, brewster lychee, sweetheart lychee, emperor lychee, and others.
 

Concerning imports and exports, the business environment is segmented based on value and volume.
 

From a regional point of view, the research literature covers regions including Europe, North America, Asia pacific and Latin America. Among these, Asia Pacific market is estimated to exhibit a high growth rate during the assessment timeframe, owing to surging demand for good-quality lychee in countries like Vietnam, and China. Thus, production of better quality fruits is leading to a rise in exports, which is driving the regional market remuneration.  
 

The competitive landscape of worldwide lychee market is defined by companies such as Four Season Foods Co. Ltd., Green World Import Export Co. Ltd., Cv. Kunayo Indonesia, Viking Foods Co. Ltd., Nam Viet Phat Food Co. Ltd., Nam Van Long Co. Ltd., and Organic Thai Foods Limited among others.