Global Passion Fruit Extract Market: Overview 

The demand within the global passion fruit extract market is set to reach unprecedented heights in the years to follow. The use of passion fruit in the beverages industry has played a vital role in the growth of the global market. A range of new flavours for fruit juices and soft drinks have made their way into the market over the past decade. Consumers have reciprocated to the wide choice of beverages available in the market through increased spending. Therefore, the availability of new flavours of fruit juices, such as passion fruit, has played to the advantage of the beverages industry. Henceforth, the global passion fruit extract market is poised to attract increased investments in the years to follow. 

Transparency Market Research (TMR), in a custom review, unravels a wide purview of factor responsible for market growth. The global passion fruit extract market can be segmented on the basis of application and region. The use of this extract for skin rejuvenation treatments has gathered momentum in recent times. 

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Global Passion Fruit Extract Market: Notable Developments

  • Stassen Exports Private Limited is a renowned tea producer from Sri Lanka. The company is expanding its operations by venturing into the Chinese market through the sale of Ceylon tea. Entry into the Chinese market is expected to be a source of fresh revenues for the Sri Lankan vendor. This move is also expected to drive demand within the global passion fruit extract market, majorly because of the popularity of Stassen’s passion fruit tea flavour. 
  • Several cosmetic brands use passion fruit extract to manufacture organic products. The growing demand for improved beauty-care products and services has generated humongous revenues in the global passion fruit extract market. Moreover, passion fruit protein bars have also emerged as a key product on the portfolio of market vendors.

Some of the key vendors operating in the global passion fruit extract market are:

  • Dennick Fruitsource
  • Passi AG (Concentra Holding AG)
  • Making Cosmetics Inc.
  • Caribbean Natural Products, Inc.

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Global Passion Fruit Extract Market: Growth Drivers

  • Health Benefits of Passion Fruit

    The exotic nature and sapid taste of passion fruit has led to its popularity, especially amongst the high-income groups of the society. Furthermore, increasing demand for tart-flavoured fruit juices and drinks has generated fresh demand for passion fruit extract. The health benefits of passion fruit extract are also a key consideration from the perspective of market growth. It is rich in vitamin-C, and can be extremely beneficial for growing children.

    Furthermore, the presence of alpha-carotene and beta-cryptoxanthin in passion fruit helps in boosting the immunity of the human body. Medical practitioners recommend consuming passion fruit in order to increase the haemoglobin content in red blood cells. Considering the health benefits stated above, it is legit to ameliorate that the global passion fruit market would expand in size in the coming years.

  • Increasing Demand for Lychee and Pitaya

    Sale of passion fruit extract is closely related to the increasing demand for fruits such as sweet granadilla, pitaya, and lychee. The associative demand for each of the aforementioned fruits has created a wide pool of opportunities within global markets. Exporters of lychee and pitaya are finding new ways of venturing into the passion fruit market. This trend is expected to ease the procurement of passion fruit extract across food processing units. Moreover, increasing online popularity of passion fruit has also given a push to market growth.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold 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.

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Passion Fruit Extract Market

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