Global Pineapple Powder Market Size, Share, and COVID-19 Impact Analysis, By Type (Organic and Conventional), By Form (Spray Drying and Freeze Drying), By Application (Food & Beverages, Bakery Products, Confectionery, and Dairy Products), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Food & Beverages

RELEASE DATE Sep 2024
REPORT ID SI6307
PAGES 230
REPORT FORMAT PathSoft

Global Pineapple Powder Market Insights Forecasts to 2033  

  • The Global Pineapple Powder Market Size was Valued at USD 17.58 Million in 2023
  • The Market Size is Growing at a CAGR of 5.76% from 2023 to 2033
  • The Worldwide Pineapple Powder Market Size is Expected to Reach USD 30.78 Million by 2033
  • Asia Pacific is Expected to Grow the fastest during the forecast period.

Global Pineapple Powder Market

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The Global Pineapple Powder Market Size is Anticipated to Exceed USD 30.78 Million by 2033, Growing at a CAGR of 5.76% from 2023 to 2033.  

 

Market Overview

Pineapple is a popular fruit for topical application that is high in antioxidants and vitamin C. A variety of foods and drinks, including pineapple juice, concentrates, canned pineapples, dried chips, mixed drinks, bars, flakes, and dry powder are made with pineapple powder. Pineapple powder preserves all of the nutritional benefits of pineapple fruit while maintaining its original flavor and taste. Pineapple powder is rich in important minerals, including copper, manganese, vitamin B-complexes, vitamin C, and antioxidants. Pineapple powder is made up of "bromelain," a special digestive enzyme found naturally in pineapples and recognized to offer a host of health advantages to people. The global market for pineapple powder is primarily driven by factors such as increasing demand for quick meals, the appeal of pineapple flavor, and growing knowledge of the advantages pineapple fruit offers in terms of health. Another factor driving the pineapple powder market's growth is the growing consciousness of their health.     

 

Report Coverage                                                                                         

This research report categorizes the pineapple powder market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the pineapple powder market. Recent market developments and competitive strategies such as expansion, type launch, 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-segment of the pineapple powder market.

 

Global Pineapple Powder Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 17.58 Million
Forecast Period:2023-2033
Forecast Period CAGR 2023-2033 :5.76%
2033 Value Projection:USD 30.78 Million
Historical Data for:2019-2022
No. of Pages:230
Tables, Charts & Figures:100
Segments covered:By Type, By Form, By Application, By Region and COVID-19 Impact Analysis
Companies covered:: NutraDry, Batory Foods, Kanegrade, Paradise Fruits, Aarkay Food Products Ltd, FutureCeuticals, NutriBotanica Institutional, La Herbal, Saipro Biotech Private Limited, International Flavors & Fragrances Inc, Iprona SpA, Schilling Ltd, The Australian Superfood Co, and Others Key vendors.
Pitfalls & Challenges:COVID-19 Empact, Challenges, Future, Growth, & Analysis

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Driving Factors

The rising popularity of pineapple flavor and the growing need for food extracts with a tangy flavor that also offer nutritious value are predicted to drive growth in the pineapple powder market. In addition, two further variables that are expected to drive demand in the target market are pineapple powder's longer shelf life and ease of transportation. The market for pineapple powder is growing as a result of a decline in the use of artificial flavors and additives in food products brought on by stricter rules from food regulatory bodies and growing consumer health consciousness.

 

Restraining Factors

The high cost and length of processing, inconsistent raw material supply and quality impacting produce quality, and low awareness in undeveloped and undertapped areas are some of the factors restricting the growth of the pineapple powder market.

 

Market Segmentation

The pineapple powder market share is classified into type, form, and application.  

 

  • The organic segment is estimated to hold a significant market revenue share through the projected period.

Based on the type, the pineapple powder market is classified into organic and conventional. Among these, the organic segment is estimated to hold a significant market revenue share through the projected period. Organic pineapple powder is made from pineapples that are grown without the use of artificial fertilizers, pesticides, or genetically modified organisms (GMOs).  

 

  • The spray drying segment is estimated to hold the largest market revenue share through the projected period.

Based on the form, the pineapple powder market is classified into spray drying and freeze drying. Among these, the spray drying segment is estimated to hold the largest market revenue share through the projected period. Using spray drying, it is simple and quick to turn liquid pineapple juice or pure into powder. Spray-dried pineapple powder is widely used and requires less time and money to process.   

 

  • The food & beverages segment is anticipated to hold the largest market share through the forecast period.

Based on the application, the pineapple powder market is divided into food & beverages, bakery products, confectionery, and dairy products. Among these, the food & beverages segment is anticipated to hold the largest market share through the forecast period. Pineapple powder has several health benefits, including vitamins and enzymes, and is a popular ingredient in foods and beverages due to its natural sweetness and zesty flavor.    

 

Regional Segment Analysis of the Pineapple Powder Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

North America is anticipated to hold the largest share of the pineapple powder market over the predicted timeframe.

Global Pineapple Powder Market

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North America is anticipated to hold the largest share of the pineapple powder market over the predicted timeframe. Pineapple powder consumption in North America is rising due to several factors, including the increased need for convenience food and beverages due to the huge working population, food items with health-promoting chemicals, and functional food products. The popularity of protein shakes, smoothies, and other health-conscious beverages in the US has led to an increase in the use of fruit powders, especially pineapple powder, as a convenient and nutrient-dense ingredient.

 

Asia Pacific is expected to grow at the fastest CAGR growth of the pineapple powder market during the forecast period. The Asia Pacific pineapple powder market is primarily being driven by a growing number of developing players, an expanding number of health-conscious consumers, and an increasing working population that raises the need for convenience foods and beverages. The fast expansion of numerous end-user industries that need pineapple powders, like food & beverage and medicinal, is another reason the region is predicted to flourish.   

 

Europe is anticipated to hold a significant share of the pineapple powder market over the predicted timeframe. In Europe, there is a growing trend toward plant-based diets and sustainable sourcing, which has led to a rise in the usage of fruit powders as a natural flavor and nutritional source. Due to the growing demand for healthy food, particularly in the region, Western Europe follows the value share of pineapple powder.   

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the pineapple powder market along with a comparative evaluation primarily based on their type of 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 type 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 Companies

  • NutraDry
  • Batory Foods
  • Kanegrade
  • Paradise Fruits
  • Aarkay Food Products Ltd
  • FutureCeuticals
  • NutriBotanica Institutional
  • La Herbal
  • Saipro Biotech Private Limited
  • International Flavors & Fragrances Inc
  • Iprona SpA
  • Schilling Ltd
  • The Australian Superfood Co
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In September 2023, A new aloe vera drink product with a pineapple flavor was launched by the Asian snack and beverage firm Kelly Loves. Kelly Loves is now the eighth product in this category after its creator, Korean culinary entrepreneur Kelly Choi, who founded KellyDeli and Sushi Daily, expanded its drink menu.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the pineapple powder market based on the below-mentioned segments: 

 

Global Pineapple Powder Market, By Type

  • Organic
  • Conventional

 

Global Pineapple Powder Market, By Form

  • Spray Drying
  • Freeze Drying

 

Global Pineapple Powder Market, By Application

  • Food & Beverages
  • Bakery Products
  • Confectionery
  • Dairy Products

 

Global Pineapple Powder Market, By 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 the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. What is the CAGR of the pineapple powder market over the forecast period?
    The pineapple powder market is projected to expand at a CAGR of 5.76% during the forecast period.
  • 2. What is the market size of the pineapple powder market?
    The Global Pineapple Powder Market Size is Expected to Grow from USD 17.58 Million in 2023 to USD 30.78 Million by 2033, at a CAGR of 5.76% during the forecast period 2023-2033.
  • 3. Which region holds the largest share of the pineapple powder market?
    North America is anticipated to hold the largest share of the pineapple powder market over the predicted timeframe.

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