Pomegranate and Pomegranate Arils Market Size Analysis & Region Forecast, 2020-2026
The global Pomegranate and Pomegranate Arils market is expected to reach USD 23.14 Billion by 2026, according to a new report by Reports and Data. Pomegranate can act as a potential nutraceutical which can provide medical and health benefits, including prevention and treatment of a disease. Pomegranate contains agents like polyphenolic flavonoids, which deploy actions well conducive to good oral health; precisely in relation to gingivitis development. Pomegranate juice has the highest antioxidant potency composite index among beverages like Red wine, Blueberry juice, Acaii juice and Orange juice to name a few; and the antioxidant activity was at least 20% superior to any other beverages.
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Key
participants include POM
Wonderful LLC, The Minute Maid Company, Tropicana Products, Inc., Grante LLC,
Orumnarin P.J.S Co., Ruby Fresh, Inc., Simonian Fruit Co., Trinity Fruit
Company, Inc., Youngstown Distributors Inc. and Aarvee Farm Products.
For the
purpose of this report, Reports and Data has segmented the global Pomegranate
and Pomegranate Arils market basis of Type, Pomegranate Type, Final Product
Type (Arils), Applications and Region:
Type
(Revenue, USD Million; 2016–2026)
- Organic Type
- Inorganic/Processed Type
Pomegranate
Type (Revenue, USD Million; 2016–2026)
- Bhagwa Pomegranate
- Wonderful Pomegranate
- Grenada Pomegranate
- Desertnyi
- Mollar de Elche
- Others
Final
Product Type (Arils) (Revenue, USD Million; 2016–2026)
- Arils Tub
- Pomegranate Powder
- Pasteurized juice
- Aseptic Concentrate
- Others
Applications
(Revenue, USD Million; 2016–2026)
- Hypermarket & Supermarket
- Food Industry
- Convenience Stores
- Cosmetics Industry
- Pharmaceutical Industry
Regional
Outlook (Volume, Kilo Tons; Revenue, USD Million; 2016–2026)
- North America
- U.S.
- Europe
- Germany
- France
- UK
- Netherlands
- Switzerland
- Italy
- Asia Pacific
- China
- India
- Japan
- South Korea
- Middle East & Africa
- Latin America
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Further
key findings from the report suggest
- The market for Organic type
market is projected to grow significantly and deliver a CAGR of 13.5% owing
to the super fruit’s health benefits which includes antioxidant
properties, high potassium content and a good source of fiber. An increase
in the consumer interest for high food nutrition and the general opinion
among the consumers that fresh produce hold the desirable nutrition and
fiber have led to an increasing interest among growers to grow fresh
produce.
- The market for Bhagwa
pomegranates is anticipated to grow at a revenue of 54.99 billion by 2025.
These pomegranates are tolerant to thrips and mites and thus require
comparatively lesser number of pesticide sprays
- Asia-Pacific will witness
significant rise at a CAGR of 14.6% from 2018 to 2025. Asia Pacific is the
largest producer of pomegranate. The countries in the region grow a wide
range of pomegranate varieties and have high consumption of pomegranate
and its products. The region is expected to hold 38.6% share of the
pomegranate and pomegranate arils market in 2018.
- The main constraint in
Pomegranate remains the fruit production precisely the supply side of it.
Developing countries are failing to keep up the quality standards as
productivity of the fruit is very low, though the fruit production in
those countries is increasing. For example, in India the average yields
are 10Mt/Ha where the international average hovers around 25Mt/Ha.
Additionally in countries like Afghanistan, there are no operational
standards of conducts; every farmer grows on his own way.
- The legal laws in US regarding
imports of fresh pomegranates from Chile involve production site
registration with National plant protection organization (NPPO) of Chile.
The fruit must originate from low prevalence production site. Post
harvesting process would include the damaged and diseased fruits must be
culled at the packinghouse and must be packed into new and clean crates,
or APHIS approved packaging containers.
Key
Features of the Pomegranate and Pomegranate Arils Market Report:
·
The report offers a comprehensive analysis
of the changing competitive dynamics.
·
Provides a futuristic outlook on the key
market drivers and restraining factors.
·
A comprehensive 8-year forecast of the
market and its expected growth rate and pattern.
·
In-depth analysis of the key product
segments and application spectrum
·
Provides strategic recommendations to the
established companies and new entrants to provide a competitive advantage over
the other companies.
·
Comprehensive analysis of the key regions
of the industry and provides a SWOT analysis and Porter’s Five Forces analysis
to impart a deeper understanding of the market.
·
Helps in formulating strategic business
decisions and investments plans.
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