Durian Fruit Market: Overview
The durian fruit market is prognosticated to observe considerable growth during the forecast period of 2021-2031. The growing popularity of durian fruit among a substantial chunk of the populace due to its benefits such as cancer prevention, anti-oxidant, anti-aging, well maintained blood sugar levels, etc., will bring extensive growth prospects for the global market.
Expanding usage of durian fruit among various food products such as pie, cookies, coffee, etc., will present a plethora of growth opportunities. Furthermore, durian is a powerhouse of nutrients such as vitamin C, vitamin B complex, potassium, dietary fiber, and iron. Thus, these aspects bring considerable growth for the durian fruit market.
Durian, also considered as the ‘King of Fruits’ in Southeast Asia, is a spiked fruit with an oblong shape. Musang King Durian is the most popular variety of durian fruit. The fruit is mostly grown in South Asian countries like Indonesia, Thailand, and Malaysia. The fruit is widely exported to the west from these countries on the back of the expanding popularity. Thus, the health benefits attached to these fruits will present a large number of growth opportunities for the global market.
Durian fruit is known to reduce the impact of numerous health diseases and disorders. One of the studies on durian fruit revealed that it is a rich source of polyphenols, which can help reduce your diabetes risk and other diseases including obesity. Thus, these factors will prove to be growth boosters for the durian fruit market.
The report on the durian fruit market by Transparency Market Research (TMR) has various points and factors that make the stakeholder aware of the existing competitive scenario. Furthermore, the report includes the demographic landscape, industrial insights, and the latest trends that prove to be of great help to the CXOs and stakeholders. The COVID-19 pandemic effect has also been included in the report.
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How is the Competitive Landscape of Durian Fruit Market?
The durian fruit market is fragmented. Many players are involved in fierce competition. The players indulge in research and development activities for devising new strategies and techniques that can prove to be helpful for expanding their revenues. Furthermore, the rising use of durian fruit in many food products is leading to an increase in the growth prospects. All these aspects bode well for the growth of the durian fruit market.
Strategic collaborations help the players to expand their influence across the durian fruit market, eventually increasing the growth rate of the durian fruit market. Some of the key players in the durian fruit market are NAM VAN LONG Co. Ltd., Top Fruits Sdn Bhd, Hernan Corp. Sdn Bhd,, and Charoen Pokphand Group Co.
What are Key Trends in Durian Fruit Market?
Campaigns and Initiatives Undertaken by Various Government Bodies to Encourage Durian Fruit Production and Export, Adding Value to Growth Structure
Durian fruit has emerged as an ideal revenue generator for many countries, especially in the Southeast Asia. Countries in Southeast Asia are considering the export of durian fruit as a great opportunity to boost the production capacity. The Thailand Government recently announced the ‘special agricultural product’ designation to the durian fruit. Special Agricultural Products have special characteristics and unique qualities that ensure food security and healthy diet. These products also support economic growth and livelihood of farmers. Thus, all these factors will have a profound impact on the growth structure.
Durian Husk proving to be Game-Changer for Global Market
Along with the demand for the fruit in various food products, the components of durian are attracting growth. For instance, a team of scientists from Singapore have developed an antibacterial bandages from durian husk. These developments add value to the durian fruit market growth trajectory.
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Which Region is expected to Emerge as Dominant Growth Contributor?
Asia Pacific is prognosticated to capture maximum growth for the durian fruit market. The production of durian fruit on a large scale in the region will present a plethora of opportunities. Furthermore, the growing popularity of durian fruit in other countries is leading to an increase in the exports. Thus, these aspects will present extensive growth for the durian fruit market.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.