A Bunch of 30 'Ruby Roman' Grapes from Japan Cost $10,900
Laura McQuarrie — July 13, 2016 — Luxury
References: luxurylaunches
Consumers know that certain types of fresh produce will sometimes become expensive at certain times of the year, but these grape bunches from Japan are being sold at extremely extravagant prices.
The Ruby Roman grapes are larger than the size of the average grape, coming in at about the same size as a ping pong ball. As such, individual grapes are valued at about $360 each, meaning that a bunch of Ruby Roman grapes from Japan would be sold for about $10,900—or ¥ 1.1 million. Currently, about 46 small batches of these extravagant grapes are being sold thorough a supermarket in Amagasaki in Hyoko Prefecture.
As fruits are often given as gifts in Japan to show one's appreciation and foster strong relationships, there is a market for these luxury grape bunches.
The Ruby Roman grapes are larger than the size of the average grape, coming in at about the same size as a ping pong ball. As such, individual grapes are valued at about $360 each, meaning that a bunch of Ruby Roman grapes from Japan would be sold for about $10,900—or ¥ 1.1 million. Currently, about 46 small batches of these extravagant grapes are being sold thorough a supermarket in Amagasaki in Hyoko Prefecture.
As fruits are often given as gifts in Japan to show one's appreciation and foster strong relationships, there is a market for these luxury grape bunches.
Trend Themes
1. Luxury Fresh Produce - The high demand for expensive produce like luxury grape bunches presents an opportunity for businesses to cater to affluent consumers.
2. Extravagant Food Gifting - The Japanese tradition of giving fruits as gifts opens up a niche market for premium and unique gifting experiences.
3. High-value Specialty Crops - Growing and marketing specialty crops, such as oversized grapes, can create a lucrative market for high-value agricultural products.
Industry Implications
1. Agriculture - The cultivation and production of premium and specialty crops, like luxury grape bunches, can be a profitable sector for farmers and growers.
2. Food Retail - Upscale supermarkets and specialty food stores have an opportunity to tap into the demand for luxury produce, attracting high-end customers.
3. Gifting and Luxury Goods - Creating exclusive gifting experiences by offering luxury fruits, like the Ruby Roman grapes, can attract affluent consumers seeking unique and extravagant presents.
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