Dragon Fruit Powder Market Trends 2023- Industry Share-Size, Revenue, Growth Strategy, Business Challenges, Opportunities and Future Competition Till 2033: SPER Market Research
The powdered dragon fruit has a lot of fibre and minerals that have multiple physiological benefits for the health of the users. Because dragon fruit powder is high in fibre, vitamins C and B, and antioxidants, it works wonders for decreasing cholesterol and enhancing immunity, among other things. The benefits of dragon fruit powder also extend to improved cognitive function and weight control. Due to its numerous skin-benefiting properties, such as anti-aging, burn relief, and acne treatment, dragon fruit powder is utilised in the production of a wide range of personal care and cosmetic goods, which in turn propels the worldwide market for the product.
According to SPER market research, ‘Dragon Fruit Powder Market Size– By Source Type, By Application, By Distribution Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Dragon Fruit Powder Market is predicted to reach USD 21.52 billion by 2033 with a CAGR of 4.8%.
Dragon fruit has a high nutritional and antioxidant content, which makes it one of the superfoods. The fruit resembles a hybrid between a kiwi, passion fruit, and pear in texture. It has a bright pinkish-red skin and a mild flavour. Because of its high antioxidant content, low calorie count, and excellent nutritional value, this tropical fruit is a wise choice. Regular consumption of dragon fruit has been linked to better heart health, diabetes management, and cholesterol reduction. Dragon fruit powder can also be used to enhance the taste of yoghurt and smoothies. A good source of important vitamins and minerals, such as iron, magnesium, calcium, vitamin B2 (riboflavin), vitamin B3 (niacin), and vitamin C is dragon fruit powder. In particular, vitamin C is crucial for skin health and immunological support. Therefore, demand for dragon fruit powder is rising as more people become aware of its health benefits.
Seasonality, however, limits the market for dragon fruit powder in part. Dragon fruit is a tropical fruit that is mostly in season in the summer. Consequently, supply restrictions limit the quantity of dragon fruit powder that can be supplied to final customers, which affects firms who specialise in creating the product.
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Impact of COVID-19 on Dragon Fruit Powder Market
Furthermore, fruits with a higher potential to strengthen immunity were in higher demand due to the outbreak. Dragon fruit is high in vitamin C, which improves general health and fortifies immunity. Because this fruit boosts the body’s defences against potentially fatal infections, demand for it skyrocketed during the epidemic. Fruit powders are becoming a more and more well-liked quick shopping choice among customers.
Dragon Fruit Powder Market Key Players:
Geographically, the Asia Pacific region is expected to maintain its dominance, as governments are encouraging dragon fruit cultivation to stabilize market prices. In India, the Atma Nirbhay Bharat initiative and Uttar Pradesh government’s financial support for dragon fruit farming are boosting productivity and exports. In Europe, the growing demand for healthy products, especially organic goods, is set to drive rapid growth, with the European Union as the world’s second-largest organic market, indicating increasing potential for products like dragon fruit powder. Additionally, some of the market key players are BR Ingredients, Dragon Fruit Bites, Dragon Fruit Powder, Dragon Herbs, Pitahaya Plus, SOL Organica, Terrasoul Superfoods, Unicorn Superfoods, Wilderness Poets, Others.
Dragon Fruit Powder Market Segmentation:
The SPER Market Research report seeks to give market dynamics, demand, and supply forecast for the years up to 2033. This report contains statistics on product type segment growth estimates and forecasts.
By Source Type: Based on the Source Type, Global Dragon Fruit Powder Market is segmented as; Hylocereus Guatemalensis, Hylocereus Polyrhizus, Others.
By Application: Based on the Application, Global Dragon Fruit Powder Market is segmented as; Cosmetics, Food & Beverages, Pharmaceuticals, Others.
By Distribution Channel: Based on the Distribution Channel, Global Dragon Fruit Powder Market is segmented as; Modern Trade, Speciality Stores, Others.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.
For More Information, refer to below link:-
Dragon Fruit Powder Market Future Outlook
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