New York, September 8, 2023 (GLOBE NEWSWIRE) -- Global passion fruit consumption is estimated at 106,716 tons in 2023. Yes, this value is expected to increase to 192,414 tonnes by the end of 2033 at a compound annual growth rate of 6.1%, according to the latest market report from Persistence Market Research.
Passion fruit is becoming increasingly popular. The food industry seems to be one of the main drivers of the growing demand for these beneficial tropical fruits.
Despite their small size, passion fruit is packed with nutrients that can be good for your health, including vitamins, antioxidants, fiber and other phytonutrients. Purple and yellow passion fruit varieties are the most common on the market. The passion fruit market should benefit from the growing demand for gluten-free products in recent years. High gluten consumption can lead to adverse health effects. Consumers are increasingly health conscious and knowledge of the benefits of gluten free foods should drive the market forward.Gluten-free products are becoming increasingly popular and this trend is expected to continue.
In the food industry, passion fruit is often used as a dietary supplement because it is an important source of vitamin A, which is essential for healthy vision, immune function and skin health. Therefore, it is increasingly used in functional foods and fortified products, which are becoming increasingly popular among health-conscious consumers.
The main players are:
SABIC, Caribbean Natural Products, Nature's Pride, Beva Fruits International, Fresh Food Co EU Ltd, Frieda's Inc, Dennick Fruit Source LLC, Fratelli indelicate S.r.l., Omega Składniki, Fyffes., Passi AG, Agrana Group, SVZ Industrial, Kiril Mischeff Group, Passina Products B.V., Quicornac S.A., Tropical Fruit Company, Ajegroup, SunOpta, Passion Fruit World
Key Market Research Findings
The value of the global passion fruit market will be $405.2 million in 2023.
Demand for passion fruit in Europe is expected to reach 16,770 tons by the end of 2033.
In Europe, Great Britain holds the first market share with 16.3% in 2023, followed by Germany with 13.6%.
Global consumption of passion fruit powder will reach 66,059 tons in 2023, making it the most consumed form of passion fruit.
Based on end use, the volume share of the food industry will be 60.8% in 2023 and is expected to grow at a CAGR of 6.4% during the forecast period (2023-2033).
Passion fruit sales are expected to increase to 5.9 GR in Brazil and 7.0 GR in Mexico.
“Consumer growing preferences for natural products and clean labels have increased demand for organic passion fruit. To meet this need, growers use biosynthesis techniques to produce passion fruit of varying quality depending on industry specifications. says a sustainability market research analyst. Other sizes and colors are also available.Passion fruit farmers invest in research and development (R&D) and expand their businesses around the world. They also want to expand the use of the product across all sectors, increase its efficiency and remain competitive.
Omega Ingrédients was recently acquired by Robertet. Omega focuses on developing natural ingredients and flavors for the food and beverage industry. This investment is intended to underline Robertet's commitment to expanding its portfolio of natural flavor solutions and market presence in the UK.
Kiril Mischeff Group strives to increase its operational efficiency through the use of state-of-the-art technology and its global network. The company is passionate about food products and is always exploring new ideas and new markets to bring its products to market. The company works particularly on optimizing business processes and increasing productivity in the passion fruit food and beverage sector.
Discover further valuable insights.
Persistence Market Research provides an unbiased analysis of the global passion fruit market in its new report, presenting historical data for 2018-2022 and estimated statistics for 2023-2033. The study provides compelling information on form (powder, puree, flakes), texture (organic, conventional), end use (food and beverage, restaurant, retail/household, other) and distribution channel (business-to-business, business-to-consumer). ). ) ). ) in the most important regions of the world.