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The global superfruit market is expected to grow at a CAGR of 5.80% in the forecast period of 2024-2032.
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Based on application, the growing product demand from the food and beverage sector is driving the growth of the superfruit industry. The growing shift towards functional food and beverages owing to the rising health awareness is significantly contributing to the industry growth. The advancements in food processing technology and the growing R&D activities are also boosting the growth of the industry. Moreover, there has been a rise in the demand for processed superfruits in the personal care sector since the past few years, which is expected to further accelerate the growth of the global superfruit industry in the coming years.
North America is expected to significantly contribute to the growth of the global market for superfruit. The region is one of the largest markets for functional beverages, which is aiding the superfruit industry growth. The growing demand for functional beverages can be attributed to the growing shift towards healthy lifestyle and high consumer purchasing power in the region. Meanwhile, the production of superfruits has been witnessing a steady growth in developing countries such as India, China, Turkey, Philippines, and many others. Also, the countries like the United States, Russia, Egypt, and Spain, among others, are witnessing increased consumption of superfruits, thus, aiding the industry growth globally.
The term ‘superfruit’ is used to refer to fruits that are rich in nutritional value, and thus, provides several health benefits. Various products like dietary supplements, baked goods, sports drinks, fresh juices, superfruit smoothie, functional food, and flavoured drinks are manufactured from these fruits.
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By source, the market is bifurcated into:
Based on fruit type, the industry can be segmented into:
The various distribution channels for superfruits include:
Among these, the indirect segment is further divided into hypermarkets and supermarkets, convenience stores, special stores, and online, among others.
Based on application, the market is categorised into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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Superfruits are rich in antioxidants and various vitamins and minerals, which enhances the metabolism of our body. The rising health awareness among consumers and the growing demand for plant-based products are pushing the growth of the superfruit industry forward. This is further supported by the increasing vegan population, growing awareness regarding the health benefits offered by these fruits, thriving retail sector, and escalating disposable incomes. Over the forecast period, the growing R&D activities and expanding applications of the product are expected to further propel the industry growth.
The report gives a detailed analysis of the following key players in the global superfruit market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Source |
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Breakup by Fruit Type |
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Breakup by Distribution Channel |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global superfruit market is projected to grow at a CAGR of 5.80% between 2024 and 2032.
The major drivers of the industry, such as rising disposable incomes, increasing health awareness, rising demand for natural and plant-based products, increasing vegan population, and advancements in the food and beverages sector, are expected to aid the market growth.
The key market trends guiding the growth of the industry include the growing R&D activities and expanding applications of superfruits in various sectors.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading sources of superfruit in the market are organic and conventional.
The significant fruit types in the industry are apple, avocados, bananas, berries, citrus fruits, grapefruit, dragon fruit, kiwi, plums, papayas, pomegranate, pineapple, tomatoes, and watermelon, among others.
The major distribution channels in the market are direct and indirect.
The leading application segments in the industry are food and beverages, dietary supplement, feed, and cosmetics, among others.
The major players in the industry are Del Monte Foods, Inc., AGRANA Beteiligungs-AG, Chiquita Brands International Sàrl, Dole Food Company Inc, Naturipe Farms, LLC, and Domex Superfresh Growers, among others.
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