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Global Pitaya Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Global Pitaya Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Global Pitaya Market Outlook 2020: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 30 Apr 2020
  • Report ID: F&B 0014
  • Pages:189
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

The Global Pitaya Market is projected to register a CAGR of 3.8% over the forecast period. The global Pitaya Market (henceforth, mentioned because the market studied) is growing at a strong rate, due to the increasing demand for fresh dragon fruit. High production capabilities and luxurious weather contribute to the assembly of dragon fruits. The production of dragon fruits is majorly suffering from several factors, like environmental hazards, bio stress, and government policies of the country. Some of the major pests and diseases affecting dragon fruits are stem rot, anthracnose, mealybugs, aphids, etc. The unfavorable climate, like continuous low temperatures, even has a negative influence on the expansion of dragon fruits. Dragon fruit is that the leading fruit export of Vietnam. Major export destinations for these fruits are China, Thailand, and Indonesia. The fruit is additionally entering the new markets, including India, New Zealand & Australia, and Chile.

Top Driver: changing the diet pattern among the Chinese population, the demand for dragon fruit is growing

The demand for the Vietnamese Pitaya is especially thanks to its sizable production and high economic importance. It is categorized as a high-value crop, and therefore the local fruit industry in Vietnam features a competitive advantage. Dragon fruit has high water content and may be a good source of iron, magnesium, vitamin B, phosphorus, protein, calcium, and fiber. The fruit’s edible seeds are also nutritious, as they are high in polyunsaturated fats, like omega-3 and omega-6 fatty acids, which have been proved to lower the risk of cardiovascular disorders. Dragon fruit is a low-calorie fruit that is high in fiber and contains a good amount of vitamins and minerals. Owing to the aforementioned benefits, including changing the diet pattern among the Chinese population, the demand for dragon fruit is increasing, thereby, escalating the imports. Ancient Chinese legends believed that the pitaya was created thousands of years ago by a pitaya in a battle. The dragon is believed to have blown a burst of fire containing the fruit, hence, they believe in the good fortune brought by the pitaya name, shape, and colors. This one among the factors that’s driving the marketplace for dragon fruit in China.

Regular Pitaya to Make Crucial Contribution for Growth of Global Pitaya Market

The global pitaya market is often segmented on the source type, applications and distribution channels. Supported the source type, the dragon fruit powder market is often segmented as per the sort Regular Pitaya, Organic Pitaya. Supported the applications, the worldwide pitaya market are often segmented into cosmetics, pharmaceuticals, food & beverages, dietary supplements et al. . . . supported the channel , the worldwide pine needle oil market are often segmented into modern trade, specialty stores, franchise outlets, online channels et al. 

Vietnam Is the Leading Producer of Dragon Fruit

The production of pitaya in Vietnam was 11, 98,854.1 metric tons in 2019, and it’s projected to succeed in 17, 06,065.3 metric tons by 2028, registering a CAGR of 6.0% during the forecast period. In Vietnam, the entire area under the assembly of dragon fruit is approximately 50,000 hectares with the white flesh variety accounting for quite 95% of production, followed by red flesh variety at 4.5%. Majority of the fruit production is supposed for exports instead of domestic consumption. Dragon fruit is especially grown in Binh Thuan, Long An, and Tien Giang provinces with quite 37, 000 ha being dedicated to its production, annually. the typical annual yield of the fruit is 22.7 metric tons/ha. However, the dragon fruit production in Vietnam is facing many difficulties, including the impact of global climate change and diseases (like brown spot disease, insects, and pests).

 

Players to Focus on Global Pitaya Market

various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2019 to 2028.

  • Madam Sun Sdn.
  • Bhd,
  • Great Sun Pitaya Farm Sdn.
  • ,
  • Bai Brand
  • Welch Foods Inc.,
  • Nam Viet Foods & Beverag Co., Ltd.,
  • Biourah Herbal
  • Sdn Bhd,
  • uicy Juice

Scope of the Report

By Type

  • Regular Pitaya
  • Organic Pitaya

By Application

  • For Retail
  • For Food Process

By Region

  • North America
  • Europe
  • Asia Pacific
  • SAMEA

Key Reasons to Purchase this Report 

  1. It provides a technological development map over time to understand the growth rate of the industry.
  1. The report offers a dynamic method to various factors that drive or restrain the growth of the market.
  2. It renders definite analysis for changing competitive dynamics.
  1. It builds a seven-year estimate based on how the market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Pitaya Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Pitaya Market -Industry Snapshots

6.1             Overview

6.1.1          Global Pitaya Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Pitaya Market Analysis, by Type

7.1             Overview

7.2             Key Findings for Pitaya Market- By Type

7.2.1          Pitaya Market- Regular Pitaya

Pitaya market by Type 1, 2019 – 2028 (USD Million)

7.2.2          Pitaya Market- Organic Pitaya

Chapter 8           Global Pitaya Market Analysis, by Application

8.1             Overview

8.2             Key Findings for Pitaya Market- By Product Type

8.2.1          Pitaya Market- For Retail

8.2.2          Pitaya Market- For Food Process

Pitaya market by Product Type 2, 2019 – 2028 (USD Million)

Chapter 9           Pitaya Market Analysis by Region

9.1             Key Findings for Pitaya Market- By region

9.2             Overview

9.2.1          Global Pitaya Market Analysis, By Type, 2019 – 2028

9.2.2          Global Pitaya Market Analysis, By Product Type, 2019 – 2028

9.3             Pitaya Market – North America

9.3.1          Overview

9.3.2          U.S.

9.3.3          Canada

9.3.4          Mexico

9.3.5          North America Market, By Type

9.3.6          North America Market, By Product Type

9.4             Pitaya Market – Europe

9.4.1          Overview

9.4.2          Germany

9.4.3          United Kingdom

9.4.4          France

9.4.5          Italy

9.4.6          Rest Of Europe

9.4.7          Europe Market, By Type

9.4.8          Europe Market, By Product Type

9.5             Pitaya Market – Asia Pacific

9.5.1          Overview

9.5.2          China

9.5.3          Japan

9.5.4          India

9.5.5          Rest of APAC

9.5.6          Asia Pacific Market, By Type

9.5.7          Asia Pacific Market, By Product Type

9.6             Pitaya Market –SAMEA

9.6.1          Overview

9.6.2          Middle East & Africa (MEA)

9.6.3          South America

9.6.4          Rest Of World

9.6.5          South America, Middle East and Africa Market, By Type

9.6.6          South America, Middle East and Africa Market, By Product Type

Chapter 10       Market Competition Analysis

10.1           Market Share/Positioning Analysis

10.1.1       Market Positioning of Key Vendors, 2019

10.1.2       Key Strategies Adopted by the Leading Players

10.1.3       Recent Developments

Chapter 11       Company Profiles- Snapshot

11.1           Uicy

11.1.1       Business Fundamentals

11.1.2       Financial Snapshots

11.1.3       Product Portfolio

11.1.4       Recent Developments

11.2           Madam Sun Sdn.

11.3           Bhd,

11.4           Great Sun Pitaya Farm Sdn.

11.5           Bhd.,

11.6           Bai Brand

11.7           Welch Foods Inc.,

11.8           Nam Viet Foods & Beverag Co., Ltd.,

11.9           Biourah Herbal

11.10        Sdn Bhd,

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 12       Appendix

 

 

 

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