According to a research report published by Spherical Insights & Consulting, the Global Pineapple Powder Market Size Expected to Grow from USD 17.58 Million in 2023 to USD 30.78 Million by 2033, at a CAGR of 5.76% during the forecast period 2023-2033.

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Pineapple is one of the fruits highly known for topical application, which is rich in antioxidants and vitamin C. Pineapple powder is utilized in processing several items, including various food items such as pineapple juice and concentrates, canned pineapples and dried chips, mixed drinks, bars, flakes, and dry powder, or anything resembling a powder form. The powder, which comes from the fruit, could maintain its flavor and taste just like fresh pineapple, thus preserving all the nutritional benefits of the fruit. This powder is rich in important minerals like copper, manganese, vitamin B complex, vitamin C, and antioxidants. With the growing craze for the pineapple flavor and also the increasing requirement for food extractables of tangy flavor along with nutrition, it is expected that these two driving forces would further boost the market for pineapple powder. Besides, long shelf life and easy transportation would also contribute as additional driving factors for the demand in the target market. Changes in trends towards decreasing the use of artificial flavors or additives in food products due to the stronger laws imposed by food regulatory bodies and rising health consciousness among consumers are factors driving the market for pineapple powder. However, the high expenditure, in addition to the lengthy processing, irregular raw material supply and quality affecting produce quality, and ignorance in undeveloped and under-tapped areas, has been limiting the growth of the pineapple powder market, among other factors.

Browse key industry insights spread across 230 pages with 100 Market data tables and figures & charts from the report on the Global Pineapple Powder Market Size, Share, and COVID-19 Impact Analysis, By Type (Organic and Conventional), By Form (Spray Drying and Freeze Drying), By Application (Food & Beverages, Bakery Products, Confectionery, and Dairy Products), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.

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The organic segment is estimated to hold a significant market revenue share through the projected period.

Based on the type, the pineapple powder market is classified into organic and conventional. Among these, the organic segment is estimated to hold a significant market revenue share through the projected period. The growth is attributed to the fact that the organic pineapple powder is made from pineapples that are farmed without the use of genetically modified organisms or chemical pesticides or fertilizers.

The spray drying segment is estimated to hold the largest market revenue share through the projected period.

Based on the form, the pineapple powder market is classified into spray drying and freeze drying. Among these, the spray drying segment is estimated to hold the largest market revenue share through the projected period. The growth is driven due to Spray drying becomes a quick and easy way to convert pineapple juice or puree directly into powder form. This globular spray-dried pineapple powder has extensive markets and needs less time and cost in manufacturing.

The food & beverages segment is anticipated to hold the largest market share through the forecast period.

Based on the application, the pineapple powder market is divided into food & beverages, bakery products, confectionery, and dairy products. Among these, the food & beverages segment is anticipated to hold the largest market share through the forecast period. The segmental growth is due to its being a rich source of some health benefits, such as vitamins and enzymes, and also a popular ingredient in food and beverages for its natural sweetness and zest.

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North America is projected to hold the largest share of the global pineapple powder market over the forecast period.

North America is projected to hold the largest share of the global pineapple powder market over the forecast period. Demand for pineapple powder is on the rise in North America due to several favourable factors, such as convenience foods and beverages, particularly among huge working populations. Another factor is the increased consumption of food items that are claimed to contain health-promoting chemicals, as well as functional foods. For example, the increasing popularity of protein shakes, smoothies, and other health-conscious beverages has resulted in greater usage of fruit powders, especially pineapple powder, as a handy ingredient easily fortified with nutrients.

Asia Pacific is expected to grow at the fastest CAGR of the global pineapple powder market during the forecast period. The Asia Pacific pineapple powder market is mostly fueled by emerging players, growth in health-conscious consumers, and an increasing working population for convenience food and beverage consumption. The rapid expansion of several end-user industries, such as food, beverage, and medicine, which require pineapple powders, is another reason the region is expected to flourish.

Europe is anticipated to hold a significant share of the pineapple powder market over the predicted timeframe. There is increasing emergence of plant diets and sustainable sourcing across Europe, which has massively led to an enlarged exodus of fruit powders being used as a natural flavor and nutritional source.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the pineapple powder market along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. Major vendors in the global pineapple powder market are NutraDry, Batory Foods, Kanegrade, Paradise Fruits, Aarkay Food Products Ltd, FutureCeuticals, NutriBotanica Institutional, La Herbal, Saipro Biotech Private Limited, International Flavors & Fragrances Inc, Iprona SpA, Schilling Ltd, The Australian Superfood Co, Others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Key Market Development

• In September 2023, the Asian snack and beverage manufacturer Kelly Loves launched a new product: a pineapple-flavored aloe vera drink. Kelly Loves is the eighth of this kind of product by Kelly Choi, who created KellyDeli and Sushi Daily, after expanding her drink range.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global pineapple powder market based on the below-mentioned segments:

Global Pineapple Powder Market, By Type

• Organic
• Conventional

Global Pineapple Powder Market, By Form

• Spray Drying
• Freeze Drying

Global Pineapple Powder Market, By Application

• Food & Beverages
• Bakery Products
• Confectionary
• Dairy Products

Global Pineapple Powder Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa

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About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company’s mission is to work with businesses to achieve business objectives and maintain strategic improvements.

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