Thriving Food and Beverages Sector to Significantly Contribute to the Growth of the Superfruit Industry
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 to Provide Enhanced Growth Opportunities for the Superfruit Industry Expansion
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.Superfruit: Market Segmentation
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.By source, the market is bifurcated into:
- Organic
- Conventional
Based on fruit type, the industry can be segmented into:
- Apple
- Avocados
- Bananas
- Berries
- Citrus Fruits
- Grapefruit
- Dragon Fruit
- Kiwi
- Plums
- Papayas
- Pomegranate
- Pineapple
- Tomatoes
- Watermelon
- Others
The various distribution channels for superfruits include:
- Direct
- Indirect
- Hypermarkets and Supermarkets
- Convenience Stores
- Special Stores
- Online
- Others
Based on application, the market is categorised into:
- Food and Beverages
- Dietary Supplement
- Feed
- Cosmetics
- Others
The regional markets for the product include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
Growing Health Awareness and Increasing Vegan Population To Boost the Demand for Superfruits
Superfruits are rich in antioxidants and various vitamins and minerals, which enhance 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.Key Industry Players in the Global Superfruit Market
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:- Del Monte Foods, Inc.
- AGRANA Beteiligungs-AG
- Chiquita Brands International Sàrl
- Dole Food Company Inc
- Naturipe Farms, LLC
- Domex Superfresh Growers
- Others
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Companies Mentioned
The key companies featured in this Superfruit market report include:- Del Monte Foods, Inc.
- AGRANA Beteiligungs-AG
- Chiquita Brands International Sàrl
- Dole Food Company Inc
- Naturipe Farms, LLC
- Domex Superfresh Growers