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Global Pineapple Powder Market – Industry Trends and Forecast to 2029

Food & Beverage | Upcoming Report | Aug 2022 | Global | 350 Pages | No of Tables: 220 | No of Figures: 60

Report Description

Global Pineapple Powder Market, By Product Type (Organic, Conventional), End User (Supplements, Infant Food, Others), Techniques (Freeze Dying, Spray Dying), Distribution Channel (Business to Business, Supermarket, Ecommerce, Retail stores) – Industry Trends and Forecast to 2029.

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Pineapple powder Market Analysis and Size

Pineapple powder, made by dehydrating fresh pineapple, has become a popular product in urban households and the global food processing industry. As pineapple are seasonal and cannot be stored under normal conditions, dehydration has become a practical and cost-effective method for preserving them during productive seasons and using them during off seasons.

Data Bridge Market Research analyses that the pineapple powder market was valued at USD 15.70 million in 2021 and is expected to reach the value of USD 24.65 million by 2029, at a CAGR of 5.80% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and consumer behaviour.

Pineapple powder Market Scope and Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Organic, Conventional), End User (Supplements, Infant Food, Others), Techniques (Freeze Dying, Spray Dying), Distribution Channel (Business to Business, Supermarket, Ecommerce, Retail stores)

Countries Covered

U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA)

Market Players Covered

Dun & Bradstreet, Inc (U.S.), Conagra Brands, Inc. (U.S.), London Dairy Co. Ltd (U.K.), Danone S.A. (France), ADM (U.S.), Daiya Foods Inc. (Canada), Grupo Bimbo S.A.B.de C.V. (Mexico), Associated British Foods PLC (U.K.), General Mills Inc. (U.S.), Lantmännen Unibake (Denmark), Aryzta AG (Switzerland), Vandemoortele NV (Belgium), Europastry S.A. (Spain), Cole’s Quality Food Inc. (U.S.)

Opportunities

  • The rapid growth of the processed and packaged food industries
  • The extraction of bioactive compounds from fruits for use as natural additives
  • Increased customer health awareness and stringent food regulatory body regulations

Market Definition

Pineapple is a widely consumed and popular topical fruit that is high in vitamin C and antioxidants. Pineapple powder is a yellowish free-flowing powder obtained from processing pineapple juice. Pineapple powder has a typical flavour, taste, and nutritional value. Pineapple powder contains a fruit enzyme called bromelain, which provides numerous health benefits to humans. Pineapple powder can be used to flavour sweets, fruit chutney, soft drink concentrates, confectionery, ice cream, bakery & biscuit products, and baby foods, snack food, food premixes for sweets, milk based products, and other products.

Pineapple powder Market Dynamics

Drivers

  • Increasing public awareness about adding micronutrients to their diet

The rising demand for food extracts that add nutritional value while providing a tangy flavour and the growing popularity of pineapple flavour are expected to drive the growth of the global pineapple powder market. Furthermore, pineapple powder has a longer shelf life and is easy to transport from one location to another, which are two of the other factors expected to drive demand in the target market.

  • Growing demand from the personal care industry

The increasing use of fruit and vegetable powder, particularly in the cosmetics industry, is expected to drive the growth of pineapple powder market. Fruit and vegetable powder are also a good substitute for pure pectin in food products because they lower production costs and provide a clean label.

Furthermore, rising health concerns in recent years have influenced the demand for nutritional products such as fruit and vegetable powder. They reduce the risk of chronic diseases such as cancer, diabetes, obesity, heart disease, arthritis, respiratory disease, stroke, immune deficiency, and so on because they are high in antioxidants, bioactive nutrient molecules, and non-nutritive phytochemicals.

Opportunity

The rapid growth of the processed and packaged food industries is expected to increase demand for natural food additives, eventually driving sales of pineapple. The extraction of bioactive compounds from fruits and vegetables for use as natural additives in the food industry has increased in the global marketplace. Factors such as increased customer health awareness and stringent food regulatory body regulations are causing a decrease in the use of artificial flavours and additives in food products, boosting the pineapple powder market.

Restraints

However, poor weather will reduce demand for fruit and vegetable powders. Natural disasters and calamities will also have a negative impact on the growth rate of the pineapple powder market. Allergic reactions to fruit and vegetable powder consumption will also limit the scope of growth.

This pineapple powder market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the pineapple powder market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Pineapple Powder Market

Consumers stacked products with a long shelf life, such as cereals, snack bars, baking flours, and soup. As a result, sales were stabilised to some extent. Due to the pandemic, consumers have adjusted to a new normal lifestyle, and as a result, an increasing number of consumers prefer quick and nutritious snacking options. COVID-19 opened the door for a slew of new private firms to enter the market in order to meet the burgeoning demand. During the COVID-19 pandemic, the overall fruit and vegetable pieces and powder industry did not experience a significant decrease in revenue. As the production of processed food and beverage products was still increasing across the country, the demand for these ingredients were also substantially increasing.

Recent developments

  • In January 2020, D.M. announced the acquisition of Yerbalatina Phytoactives, a Brazilian company that provides natural ingredient technology and solutions. Organic fruit powders are available. ?
  • Agrana Fruit signed an investment contract for the construction of a new fruit processing plant in China in March 2019. The new production site will be located in Changzhou's Life and Health industrial park. It will produce 30,000 tonnes of prepared fruit per year, including strawberries, blueberries, and peaches for the fruit yoghurt, bakery, ice cream, and foodservice sectors. ?

Global Pineapple Powder Market Scope

The pineapple powder market is segmented on the basis of product type, end user, techniques and distribution channel. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product type

  • Organic
  • Conventional

End users

  • Supplements
  • Infant Food
  • Others

Distribution channel

  • Business to Business
  • Supermarket
  • Ecommerce
  • Retail stores

Technique

  • Freeze drying
  • Spray drying

Pineapple powder Market Regional Analysis/Insights

The pineapple powder market is analysed and market size insights and trends are provided by country, product type, end user, techniques and distribution channel as referenced above.

The countries covered in the pineapple powder market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

Asia-Pacific has emerged as the dominant region in the market for pineapple powders. The region is also expected to thrive due to the rapid growth of various end user industries, such as food and beverages and pharmaceuticals, requiring pineapple powders.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Pineapple Powder Market Share Analysis

The pineapple powder market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to pineapple powder market.

Some of the major players operating in the pineapple powder market are:

  • NutraDry (Australia)
  • Batory Foods (U.S.)
  • Kanegrade (U.K.)
  • Paradise Fruits (Germany)
  • Aarkay Food Products Ltd (India)
  • FutureCeuticals (U.S.)
  • NutriBotanica Institutional (Brazil)
  • La Herbal (India)
  • Saipro Biotech Private limited (India)
  • International Flavors & Fragrances Inc (U.S.)
  • Iprona SpA (Italy)
  • Schilling Ltd (Malta)
  • The Australian Superfood Co (Australia)


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