Global Guanabana Market, By Form (Whole/Raw, Processed), End Use (Food Processing Industry, Nutraceuticals/Pharmaceuticals, Cosmetics and Personal Care, Household/Retail, Others), Distribution Channel (Direct Selling, Hypermarkets/Supermarkets, Independent Grocery Stores, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights: Global Guanabana Market
The guanabana market size is expected to grow at a compound annual rate of 11.00% in the forecast period 2021 to 2028 and is likely to reach USD 0.460 billion by 2028. The rapid rise in the prominence of guanabana in dairy products is the factor responsible for the growth of the guanabana market in the forecast period of 2021 to 2028.
Guanabana is a large, curved heart-shaped fruit which have small spike-like protrusions. It has dark-green skin and turns into yellowish-green when matured. Guanabana is also known as the Graviola or the Soursop. Various parts of the guanabana tree are used in the medical to treat ailments such as heart disease, asthma, liver problems and arthritis.
The major growing factor towards guanabana market is the rise in the use of guanabana to fight against bacterial and fungal infections. Furthermore, the rapid rise in demand for guanabana in making sweet beverages and rise in the efforts of companies in the guanabana market to introduce natural ingredients are also expected to heighten the overall demand for guanabana market over the forecast period of 2021 to 2028. Moreover, the rise in the awareness regarding the guanabana encourages cafes and restaurants to innovate and experiment with new flavors and recipes in beverages that involve guanabana are also expected to serve as foremost drivers for the guanabana market at a global level. In addition, the increase in consciousness towards healthy eating habits and rise in the interest in health-related products are leveraging the demand for clean label functional ice cream products are also lifting the growth of the guanabana market.
However, the easy availability of variety of substitutes and shorter shelf life of guanabana are projected to act as a restraint towards the growth of guanabana market, and can further challenge the growth of the guanabana market.
Moreover, the various new product launches and rise in the awareness regarding guanabana has led restaurants and cafes are expected to further generate new opportunities for the guanabana market in the forecast period of 2021 to 2028.
This guanabana 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 guanabana market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Guanabana Market Scope and Market Size
The guanabana market is segmented on the basis of form, end use and distribution channel. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of form, the guanabana market has been segmented into whole/raw and processed.
- Based on end use, the guanabana market has been segmented into food processing industry, nutraceuticals/pharmaceuticals, cosmetics and personal care, household/retail and others.
The distribution channel segment of the guanabana market has been segmented into direct selling, hypermarkets/supermarkets, independent grocery stores and others.
Guanabana Market Country Level Analysis
The guanabana market is analyses and market size, volume information is provided by country, form, end use and distribution channel as referenced above.
The countries covered in the guanabana 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).
North America leads the guanabana market due to the rapid surge in demand for frozen pulp form or guanabana juice. Asia-Pacific is expected to expand at a significant growth rate over the forecast period of 2021 to 2028 due to the easy availability of guanabana in the high-quality state with the best price in countries such as China.
The country section of the guanabana market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, 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 Guanabana Market Share Analysis
The guanabana 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 the guanabana market.
The major players covered in the guanabana report are NOW Foods, Vilore Foods Company Inc., Goya Foods, Inc., and Amelia Organic Products, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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