Press release
Global Pomegranate Market to Reach USD 33.86 billion by 2028
The main factor anticipated to fuel the growth of the global pomegranate market during the forecast period is the rising demand for pomegranate goods, such as pomegranate powder, pomegranate juice, functional beverages, and other pomegranate-derived products.
A notable trend in the market that is anticipated to gain traction is the rising consumption and demand for processed pomegranate items globally, with juice and cosmetics presently enjoying the highest levels of appeal. One factor that is anticipated to create chances for the target market participants is the growth initiatives and investments made by governments of various nations, such as the provision of subsidies and training for farmers and exporters.
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Due to the higher cost of pomegranates and comparable products in North America and Europe, attempts to lower the price of the completed product are also becoming more and more crucial. It is therefore anticipated that this component will generate profitable prospects for firms active in the North American and European markets. Automating the growing and harvesting process, for instance, can assist firms in streamlining operations, reducing labour costs, and increasing production.
Pomegranate powder will continue to dominate all other type sectors in terms of market share, according to projections. Pomegranate powder sales are anticipated to grow at a CAGR of roughly 4.8%. In terms of revenue, the pomegranate juice concentrate market has the second-largest share.
Read Market Research Report, "Global Pomegranate Application (Food & Beverage, Pharmaceutical, Cosmetics), Category (Organic, Conventional), and Region -Forecast and Analysis 2022-2028" by SkyQuest.
Factor anticipated to propel the growth of the worldwide pomegranate market during the forecast period is the rising demand for pomegranate goods including pomegranate powder, pomegranate juice, functional beverages, as well as other pomegranate-derived products. The worldwide pomegranate market is predicted to expand quickly due to a number of factors, including rising demand for beauty products containing pomegranate ingredients and the availability of a wide range of goods with numerous advantages. This can be ascribed to its healing abilities since it stimulates keratinocyte proliferation, which led to a new standard in skin and hair care. Additional factors that are anticipated to fuel market growth over the next few years include rising disposable personal income and rising consumer awareness of their own health and wellness. Growing pomegranate use and demand in the pharmaceutical and food & beverage industries is a driving force behind the expansion of the target market.
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Another problem that can limit the usage of pomegranates, as well as the market expansion, is the increased danger for people with low blood pressure and high sugar levels, as pomegranate consumption reduces blood pressure.
A significant trend in the market that is anticipated to gain traction is the rising consumption and demand for processed pomegranate goods worldwide, with juice and cosmetics currently enjoying the highest levels of popularity. A factor anticipated to open up prospects for the participants in the target market is the growth initiatives and investments made by governments of various nations, such as the provision of subsidies and training for farmers and exporters. The cost of pomegranates and related products is higher in North America and Europe, thus there is also a growing emphasis on strategies to lower the cost of the finished product. In turn, this is a component that is anticipated to generate profitable chances for players active in the North American and European markets. For instance, implementing automation in growing and harvesting can help manufacturers enhance overall workflows, cut labor costs, and improve productivity.
The report published by SkyQuest Technology Consulting provides in-depth qualitative insights, historical data, and verifiable projections about pomegranate Market Revenue. The projections featured in the report have been derived using proven research methodologies and assumptions.
What does this Report Deliver?
Market Estimation for 20+ Countries
Pomegranate Market demand by Region, Sub-Region, and Country
Customization on Segments, Regions, and Company Profiles
100+ tables, 150+ Figures
Global, Regional, and Country-specific Pomegranate Market Trends
Comprehensive Mapping of Pomegranate Industry Parameters
Attractive Investment Proposition in the Global Pomegranate Industry
Competitive Strategies Adopted by Pomegranate Market Key Players
Drivers, Restraints, Opportunities, Challenges, and the impact on the Pomegranate Market Size
Market growth rate till 2028
Regulatory scenario, regional dynamics, and Pomegranate market insights of leading countries in each region
In-depth Market insights by Region and Country
Market Segmentation Trend Analysis, Opportunities, and Growth
Porter's five force analysis to know the market's condition
Pricing Analysis and Pomegranate Market Sales
Parent market analysis
Product portfolio benchmarking
Speak with our analyst for more information: https://skyquestt.com/speak-with-analyst/Pomegranate-market
SkyQuest has Segmented the Global Pomegranate Market based on Application, Category, and Region:
Global Pomegranate Market by Application (Revenue, USD billion, 2021 - 2028)
Food & Beverage
Pharmaceutical
Cosmetics
Global Pomegranate Market by Category (Revenue, USD billion, 2021 - 2028)
Organic
Conventional
Global Pomegranate Market By Region (Revenue, USD billion, 2021 - 2028)
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Central & South America
Brazil
Rest of CSA
Middle East & Africa
GCC Countries
South Africa
Rest of MEA
Key Players in the Global Pomegranate Market
POM Wonderful (US)
Lakewood (US)
Minute Maid (US)
Tropi-cana (US)
Ocean Spray Cranberries (US)
RW Knudsen Family (US)
Narniv (Italy)
Arvee (India)
TTM Food (India)
Sun Sun Shahd (Iran)
Orumnarin (Iran)
Jia Neng Da (Japan)
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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1 Apache Way, Westford, Massachusetts 01886
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Email: sales@skyquestt.com
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