By 2027 compared to 2018, it is predicted that the market for pineapple powder will provide an absolute dollar potential of about US$ 328.9 Mn. In the worldwide Pineapple Powder Market, the conventional segment is anticipated to rise significantly. Over the course of the forecast, North American markets are anticipated to hold a sizable portion of the global market.
Due to the nature of pineapple powder, the traditional segment is anticipated to keep a sizable position and rule the market during the projected period. This is because conventional pineapple powder is more readily available and less expensive. However, due to the ongoing “move to organic” trend, the organic segment is anticipated to rise at a high CAGR of 9.8% throughout the forecast period.
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Pineapple is a tropical fruit, and is known for its flavor and nutritional values. Pineapple is popular fruit that is mostly consumed fresh or as a canned fruit. The growing demand for pineapple in market has led to product diversification.
Today, pineapple powder is consumed in various forms such as pineapple juice, concentrates, canned pineapples, dried chips, cocktail-type drinks, dried powdered, isotonic mixtures, bars, flakes, etc. Pineapple powder is a yellowish and free-flowing powder that is made by removing the free water present in pineapple juice or puree using various techniques .Pineapple powder carries a natural flavor and taste, and also retains all the nutritional qualities of the pineapple fruit.
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Pineapple Powder Market: Segmentation
The subsequent sections analyze the global pineapple powder market on the basis of nature, technique, end use, distribution channel, and region, and presents a forecast for the period 2018–2027. The market is segmented as follows:
by Nature
- Organic
- Conventional
- by Technique
- Spray Drying
- Freeze Drying
- Others
by End Use
- Supplements
- Infant Food
- Pet Food
- Convenience Food
- Bakeries and Confectionaries
- Ice Cream & Dairy Products
- Others
by Distribution Channel
- Business to Business
- Supermarkets
- e-Commerce
- Retail Stores
Pineapple Powder Market: Regional Insights
The global pineapple powder market can be regionally segmented into Asia Pacific, Latin America, Western Europe, North America, Eastern Europe, and the Middle East & Africa. North America is a prominent market in the global pineapple powder market.
North America currently holds the largest market share in the global pineapple powder market, and is expected to continue to do so over the forecast period. The growing demand for functional food products, food products with health benefitting additives, and the growing demand for convenience food & beverages from the large working population are some of the factors that are boosting the consumption of pineapple powder in North America.
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