Global Guava Puree Market Insights Forecasts to 2033

• The Global Guava Puree Market Size was Valued at USD 0.41 Billion in 2023.
• The Market Size is Growing at a CAGR of 5.9% from 2023 to 2033.
• The Worldwide Guava Puree Market Size is Expected to Reach USD 0.70 Billion by 2033.
• Latin America is expected to Grow the fastest during the forecast period.

The Global Guava Puree Market Size is expected to reach USD 0.70 Billion by 2033, at a CAGR of 5.9% during the forecast period 2023 to 2033.

Guava puree is a paste or thick liquid suspension that has been made out of guava, a fruit grown in tropical and sub-tropical regions. It is used in beverages, desserts, sauces, dressings, smoothie bowls, marinades, jams and preserves, cakes and baked products to intensify the taste of tropical flavour. The unique and tropical taste of guava gives flavour to many culinary dishes. Guava is rich in minerals and nutrients like antioxidants, vitamin C, dietary fibre, Vitamin A, folate, potassium, lycopene and manganese, consumed in the appropriate amount for the well-being of the health. It is used as organic flavouring agent in desserts and beverages. Guava puree has a nutritional value from guava that helps to improve various body functions such as immunity, blood sugar, vision, heart, skin and digestive system health. Guava puree is considered to be the first solid food for infants and babies due to its high nutritional values with easy and comfortable way of puree form. The application of guava puree for health benefit is considered to be the driving factor for Guava Puree market.

Report Coverage

This research report categorizes the market for global guava puree market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global guava puree market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the global guava puree market.

Driving Factors

Guava puree is extensively used as a flavouring agent in culinary foods due to its unique and tropical taste, especially in tropical-flavoured alcoholic beverages and cocktails, nowadays. The growing popularity and consumption of tropical-flavoured beverages and cocktails have surged to raise the demand for Guava puree. Health-conscious consumers surge to demand for guava puree as a health-beneficiary product so manufacturer increases the use of guava puree in various beverages to increase their product market.    

Restraining Factors

The lower shelf life of guava puree require additional transportation facilities such as a refrigerator, adequate packaging and cushioning material that further increases the cost of production. To maintain the shelf life of guava puree is the market challenge for guava puree.

In early 2022, Russia-Ukraine war has negatively influence the consumption of guava due to food insecurity across countries, thus hamper the guava puree market in Ukraine and Russia.

Market Segmentation

By Type Insights

The tropical white segment dominates the market with the largest revenue share over the forecast period.

On the basis of type, the global guava puree market is segmented into strawberry guava, lemon guava, tropical white, pineapple guava and others. Among these, the tropical white is dominating the market with the largest revenue share over the forecast period. Tropical white guava is easily approachable fruit that people can include in their diet daily. Further, it is used as a taste inducer in beverages.             

By Application Insights

The beverages segment is witnessing significant CAGR growth over the forecast period.

On the basis of application, the global guava puree market is segmented into beverages, infant food, bakery, ice creams, and yogurt. Among these, the beverages segment is witnessing significant CAGR growth over the forecast period. The usage of guava fruit puree in beverage industries has increased due to its rich flavour and taste of the beverages. Due to its rich nutritional value, consumers prefer guava puree as a flavouring agent in beverage industries and natural ice creams as well.  

By Regional Insights

Asia-Pacific dominates the market with the largest market share over the forecast period.

Asia-Pacific is dominating the market with the largest market share over the forecast period. India produces 45% of the world’s guava, with Indonesia, China and Mexico. India is the largest guava pulp producer and had 1.7 million guava production in 2021. India’s export market of guava is in the U.S., Kuwait, Jordan, Saudi Arabia, UAE, and the Netherlands. The development of superior post-harvest technology and the food processing industry has enhanced the market of guava puree globally.

Latin America is expected to grow the fastest during the forecast period. Changes in the consumer lifestyle leading to increasing choice towards processed and ready-to-eat food and beverages enhancing the guava puree demand. The increasing production of guavas in Mexico and exports from Costa Rica and EI Salvador are driving the guava puree market in Latin America.  

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global guava puree market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Market Players

• ITC Limited
• Capricorn Food Products India Ltd.
• Citrofrut S.A. de C.V.
• Superior Foods, Inc.
• Aditi Foods India Pct. Ltd.
• Kiril Mischeff
• SunOpta
• Sime Darby Plantation Berhad
• ABC Fruits
• Dohler GmbH
• Symrise
• Grunewald Fruchtsaft GmbH
• Ariza b.v.
• Others

Recent Developments

In August 2022, iTi Tropicals identifies savory uses for guava. iTi Tropicals, Inc., a leading supplier of tropical fruit juice concentrates and purees, developed margherita pizza recipe using its guava puree ingredient.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the global Guava Puree market based on the below-mentioned segments:

Guava Puree Market, Type Analysis

• Strawberry guava
• Lemon guava
• Tropical white
• Pineapple guava
• Others

Guava Puree Market, Application Analysis

• Beverages
• Infant food
• Bakery
• Ice creams
• Yogurt

Guava Puree Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa