Pineapple Market by Source (Organic and Conventional), By Types (Fresh and Packaged (Shelf-Stable and Frozen)), By Varieties (Cayenne Pineapple, Queen Pineapple, Red Spanish Pineapple, MD2/MG3, and Others), By Application (Commercial (Beverages & Drinks, Bakery & Snacks, and Others) and Individual), By Distribution Channels (Supermarkets/Hypermarkets, Convenience Stores, Independent Retailers, Online Sales, and Others) and Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
The global pineapple market size was valued at USD 24,088.4 Mn in 2020 and is projected to reach USD 36,809.1 Mn by 2028, expanding at a CAGR of 5.7% during the forecast period, 2021-2028. The pineapple market has immense opportunities owing to the rise in demand for the product and increases in awareness in consumers along with growth in investments from private investors and companies.
The pineapple (Ananas comosus) is a tropical plant in the Bromeliaceae family that produces edible fruit. It is thought that the pineapple originated in Brazil. It spread from Brazil to other tropical parts of the world. The name ananas is derived from the Indian term nana. The wild Brazilian pineapple is likely to be its ancestor (Ananas microstates Lindle).
Pineapples are vitamin, enzyme, and antioxidant-rich tropical fruits. They help to strengthen the immune system, produce strong bones, and relieve indigestion. Pineapples, despite their deliciousness, are low in calories. Pineapples are bromeliads, and they are the only bromeliad that produce edible fruit. The fruit is composed of numerous separate berries that cluster around a center. Each pineapple scale represents a unique flower or berry.
Pineapple Market Macro-Economic Factor
Consumption pattern: Consumption patterns is the expenditure patterns of income groups within or across categories of products, such as clothing, discretionary items, and food. These pattern includes a process by which consumers search, purchase and consume produces.
Consumption pattern: Consumption patterns is the expenditure patterns of income groups within or across categories of products, such as clothing, discretionary items, and food. These pattern includes a process by which consumers search, purchase and consume produces.
Pineapple Market Dynamics
Drivers
Growing demand for frozen pineapples
Growing demand for frozen pineapples around the world as a consequence of increased consumer awareness of various frozen fruits is expected to propel the global frozen pineapple market. Increasing number of working people around the world, as well as a hectic lifestyle, are factors that are expected to promote the growth of the global frozen pineapple market during the forecast period.
Improvements in logistic and packaging by developing methods to use air temperature for highest shelf-life and to prevent them from damage, cuts, abrasions, bruising, and crushing, is projected to drive for market players to increase their production and improve supply chain during the forecast period.
Increasing demand for product made from organic pineapples
The increase in demand is mostly due to an increase in demand for organic pineapple fruits. Usage of organic fresh produce in processing increased as a result of lifestyle changes in many emerging countries. A work-focused existence with little time for one's personal self is becoming the norm. This fast-paced lifestyle considers how little time people have to have a nutritious supper.
As a result, consumers are interested in ready-to-eat processed foods. It is currently one of the most important necessities in today's fast-paced society. Diced organic pineapples, pineapple pulp and juice, and instant dehydrated powder form of organic pineapples are highly demanded by consumers.
Restraints
The nutritional value and overall quality of fresh produce and processed meals that reach customers are significantly reduced. These losses are particularly severe in many parts of the world, including underdeveloped countries, due to lack of modern storage and processing facilities. Endogenous variables have a significant impact on the ripening, senescence, and degradation of fruits.
Damages caused to fresh fruits and products lead to increased water loss and postharvest decay. Punctures, cuts, abrasions, bruising, and crushing cause substantial quality losses. Loss of fruit quality during postharvest handling is the result of physiological breakdown, decay, and dehydration. Quality loss during postharvest handling is projected to hamper the market during the forecast period.
Opportunities
Vacuum frying is a technology where food products are deep fried under vacuum or near vacuum conditions to reduce the fat content as compared to normal deep frying. Vacuum frying is frying process under a vacuum condition to prevent material object deterioration due to excessive heat caused by high temperature. It is a process that produces healthy fruit snacks (pineapple chips), which partially preserve the original color and nutritional compounds of the fruit and have high hydrophilic antioxidant capacity.
Pineapple can increase energy, which in turn, is driving the demand for pineapple. Growing use of pineapple in healthy snacks is projected to boost the fresh pineapple market growth.
Pineapple Market Segment Insights
On the basis of type, the global pineapple market is bifurcated into fresh and packaged. The packaged segment further bifurcated into shelf stable and frozen. The fresh segment held 82.0% share of the market in 2020 owing to the increasing consumption of natural fruit. The packaged segment is anticipated to expand at a significant rate during the forecast period owing to its affordable and convenient.On the basis of source, the global pineapple market is bifurcated into organic and conventional. The organic segment held 1.3% share of the market in 2020 owing to the increasing consumption of natural and minimally processed food. The conventional segment is anticipated to expand at a significant rate during the forecast period owing to its low prices and more supply than organic pineapple.
In terms of Varieties, the Pineapple market is segmented into Cayenne Pineapple, Queen Pineapple, Red Spanish Pineapple, and MD2/MG3. The MD2/MG3 segment is expected to dominate the market during the forecast period, as it has longer shelf life. Over the forecast period, the demand for Cayenne pineapple is expected to increase, as it mostly used in processing for packaging.
On the basis of application, the market is classified as business-to-business (Commercial) and business-to-consumers (Individual). The business-to-business (Commercial) segment is further divided into, bakery & snacks, beverages and drinks, and others. The Commercial segment accounted for significant share of the market in 2020 and is expected to expand at a considerable CAGR during the forecast period, owing to the rising occurrence of health problems associated with food products, increasing vegan and flexitarian population, and high consumer preference for functional food.
Based on distribution channels, global pineapple market is classified as hypermarkets/supermarkets, independent retailer, convenience store, and online sales and others.
The hypermarkets/supermarket segment accounted for significant share of the market in 2020 and is expected to expand at a substantial CAGR during the forecast period. The online sales segment is anticipated to expand at a significant CAGR during the forecast period owing to increasing online shopping to avoid crowded places and physical contact.
Pineapple Market Regional Outlook
Based on regions, the Pineapple market is fragmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. LATAM is a promising region of the market. The region constituted 27.9% share in 2020. The market in this region is expected to grow due to increasing awareness regarding health among consumers. The market in the Middle East & Africa (MEA) is projected to expand at a CAGR of 6.4% during the forecast period owing to the increasing trend of healthy snacking.
Key Benefits for Industry Participants & Stakeholders
- In-depth Analysis of the Global Pineapple Market
- Historical, Current and Projected Market Size in terms of Value
- Potential & Niche Segments Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on Global Pineapple Market Performance
Video Summary for Pineapple Market :
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Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pineapple Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pineapple Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pineapple Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pineapple Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pineapple Market Size & Forecast, 2018-2028
4.5.1 Pineapple Market Size and Y-o-Y Growth
4.5.2 Pineapple Market Absolute $ Opportunity
4.6 Pricing Analysis & Forecast, By Source, 2018-2028
4.7 Global Pineapple Market: Impact Of Key Regulations
4.8 Global Pineapple Market: Consumer Buying Behavior Analysis
Chapter 5 Global Pineapple Market Analysis and Forecast By Source
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Source
5.1.2 Basis Point Share (BPS) Analysis By Source
5.1.3 Absolute $ Opportunity Assessment By Source
5.2 Pineapple Market Size Forecast By Source
5.2.1 Organic
5.2.2 Conventional
5.3 Market Attractiveness Analysis By Source
Chapter 6 Global Pineapple Market Analysis and Forecast By Types
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By Types
6.1.2 Basis Point Share (BPS) Analysis By Types
6.1.3 Absolute $ Opportunity Assessment By Types
6.2 Pineapple Market Size Forecast By Types
6.2.1 Fresh
6.2.2 Packaged
6.2.2.1 Shelf-Stable
6.2.2.2 Frozen
6.3 Market Attractiveness Analysis By Types
Chapter 7 Global Pineapple Market Analysis and Forecast By Varieties
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities By Varieties
7.1.2 Basis Point Share (BPS) Analysis By Varieties
7.1.3 Absolute $ Opportunity Assessment By Varieties
7.2 Pineapple Market Size Forecast By Varieties
7.2.1 Cayenne Pineapple
7.2.2 Queen Pineapple
7.2.3 Red Spanish Pineapple
7.2.4 MD2/MG3
7.2.5 Others
7.3 Market Attractiveness Analysis By Varieties
Chapter 8 Global Pineapple Market Analysis and Forecast By Applications
8.1 Introduction
8.1.1 Key Market Trends & Growth Opportunities By Applications
8.1.2 Basis Point Share (BPS) Analysis By Applications
8.1.3 Absolute $ Opportunity Assessment By Applications
8.2 Pineapple Market Size Forecast By Applications
8.2.1 Commercial
8.2.1.1 Beverages & Drinks
8.2.1.2 Bakery & Snacks
8.2.1.3 Others
8.2.2 Individual
8.3 Market Attractiveness Analysis By Applications
Chapter 9 Global Pineapple Market Analysis and Forecast By Distribution Channels
9.1 Introduction
9.1.1 Key Market Trends & Growth Opportunities By Distribution Channels
9.1.2 Basis Point Share (BPS) Analysis By Distribution Channels
9.1.3 Absolute $ Opportunity Assessment By Distribution Channels
9.2 Pineapple Market Size Forecast By Distribution Channels
9.2.1 Supermarkets/Hypermarkets
9.2.2 Convenience Stores
9.2.3 Independent Retailers
9.2.4 Online Sales
9.2.5 Others
9.3 Market Attractiveness Analysis By Distribution Channels
Chapter 10 Global Pineapple Market Analysis and Forecast by Region
10.1 Introduction
10.1.1 Key Market Trends & Growth Opportunities by Region
10.1.2 Basis Point Share (BPS) Analysis by Region
10.1.3 Absolute $ Opportunity Assessment by Region
10.2 Pineapple Market Size Forecast by Region
10.2.1 North America
10.2.2 Europe
10.2.3 Asia Pacific
10.2.4 Latin America
10.2.5 Middle East & Africa (MEA)
10.3 Market Attractiveness Analysis by Region
Chapter 11 Coronavirus Disease (COVID-19) Impact
11.1 Introduction
11.2 Current & Future Impact Analysis
11.3 Economic Impact Analysis
11.4 Government Policies
11.5 Investment Scenario
Chapter 12 North America Pineapple Analysis and Forecast
12.1 Introduction
12.2 North America Pineapple Market Size Forecast by Country
12.2.1 U.S.
12.2.2 Canada
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 North America Pineapple Market Size Forecast By Source
12.6.1 Organic
12.6.2 Conventional
12.7 Basis Point Share (BPS) Analysis By Source
12.8 Absolute $ Opportunity Assessment By Source
12.9 Market Attractiveness Analysis By Source
12.10 North America Pineapple Market Size Forecast By Types
12.10.1 Fresh
12.10.2 Packaged
12.10.2.1 Shelf-Stable
12.10.2.2 Frozen
12.11 Basis Point Share (BPS) Analysis By Types
12.12 Absolute $ Opportunity Assessment By Types
12.13 Market Attractiveness Analysis By Types
12.14 North America Pineapple Market Size Forecast By Varieties
12.14.1 Cayenne Pineapple
12.14.2 Queen Pineapple
12.14.3 Red Spanish Pineapple
12.14.4 MD2/MG3
12.14.5 Others
12.15 Basis Point Share (BPS) Analysis By Varieties
12.16 Absolute $ Opportunity Assessment By Varieties
12.17 Market Attractiveness Analysis By Varieties
12.18 North America Pineapple Market Size Forecast By Applications
12.18.1 Commercial
12.18.1.1 Beverages & Drinks
12.18.1.2 Bakery & Snacks
12.18.1.3 Others
12.18.2 Individual
12.19 Basis Point Share (BPS) Analysis By Applications
12.20 Absolute $ Opportunity Assessment By Applications
12.21 Market Attractiveness Analysis By Applications
12.22 North America Pineapple Market Size Forecast By Distribution Channels
12.22.1 Supermarkets/Hypermarkets
12.22.2 Convenience Stores
12.22.3 Independent Retailers
12.22.4 Online Sales
12.22.5 Others
12.23 Basis Point Share (BPS) Analysis By Distribution Channels
12.24 Absolute $ Opportunity Assessment By Distribution Channels
12.25 Market Attractiveness Analysis By Distribution Channels
Chapter 13 Europe Pineapple Analysis and Forecast
13.1 Introduction
13.2 Europe Pineapple Market Size Forecast by Country
13.2.1 Germany
13.2.2 France
13.2.3 Italy
13.2.4 U.K.
13.2.5 Spain
13.2.6 Russia
13.2.7 Rest of Europe
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Europe Pineapple Market Size Forecast By Source
13.6.1 Organic
13.6.2 Conventional
13.7 Basis Point Share (BPS) Analysis By Source
13.8 Absolute $ Opportunity Assessment By Source
13.9 Market Attractiveness Analysis By Source
13.10 Europe Pineapple Market Size Forecast By Types
13.10.1 Fresh
13.10.2 Packaged
13.10.2.1 Shelf-Stable
13.10.2.2 Frozen
13.11 Basis Point Share (BPS) Analysis By Types
13.12 Absolute $ Opportunity Assessment By Types
13.13 Market Attractiveness Analysis By Types
13.14 Europe Pineapple Market Size Forecast By Varieties
13.14.1 Cayenne Pineapple
13.14.2 Queen Pineapple
13.14.3 Red Spanish Pineapple
13.14.4 MD2/MG3
13.14.5 Others
13.15 Basis Point Share (BPS) Analysis By Varieties
13.16 Absolute $ Opportunity Assessment By Varieties
13.17 Market Attractiveness Analysis By Varieties
13.18 Europe Pineapple Market Size Forecast By Applications
13.18.1 Commercial
13.18.1.1 Beverages & Drinks
13.18.1.2 Bakery & Snacks
13.18.1.3 Others
13.18.2 Individual
13.19 Basis Point Share (BPS) Analysis By Applications
13.20 Absolute $ Opportunity Assessment By Applications
13.21 Market Attractiveness Analysis By Applications
13.22 Europe Pineapple Market Size Forecast By Distribution Channels
13.22.1 Supermarkets/Hypermarkets
13.22.2 Convenience Stores
13.22.3 Independent Retailers
13.22.4 Online Sales
13.22.5 Others
13.23 Basis Point Share (BPS) Analysis By Distribution Channels
13.24 Absolute $ Opportunity Assessment By Distribution Channels
13.25 Market Attractiveness Analysis By Distribution Channels
Chapter 14 Asia Pacific Pineapple Analysis and Forecast
14.1 Introduction
14.2 Asia Pacific Pineapple Market Size Forecast by Country
14.2.1 China
14.2.2 Japan
14.2.3 South Korea
14.2.4 India
14.2.5 Australia
14.2.6 South East Asia (SEA)
14.2.7 Rest of Asia Pacific (APAC)
14.3 Basis Point Share (BPS) Analysis by Country
14.4 Absolute $ Opportunity Assessment by Country
14.5 Market Attractiveness Analysis by Country
14.6 Asia Pacific Pineapple Market Size Forecast By Source
14.6.1 Organic
14.6.2 Conventional
14.7 Basis Point Share (BPS) Analysis By Source
14.8 Absolute $ Opportunity Assessment By Source
14.9 Market Attractiveness Analysis By Source
14.10 Asia Pacific Pineapple Market Size Forecast By Types
14.10.1 Fresh
14.10.2 Packaged
14.10.2.1 Shelf-Stable
14.10.2.2 Frozen
14.11 Basis Point Share (BPS) Analysis By Types
14.12 Absolute $ Opportunity Assessment By Types
14.13 Market Attractiveness Analysis By Types
14.14 Asia Pacific Pineapple Market Size Forecast By Varieties
14.14.1 Cayenne Pineapple
14.14.2 Queen Pineapple
14.14.3 Red Spanish Pineapple
14.14.4 MD2/MG3
14.14.5 Others
14.15 Basis Point Share (BPS) Analysis By Varieties
14.16 Absolute $ Opportunity Assessment By Varieties
14.17 Market Attractiveness Analysis By Varieties
14.18 Asia Pacific Pineapple Market Size Forecast By Applications
14.18.1 Commercial
14.18.1.1 Beverages & Drinks
14.18.1.2 Bakery & Snacks
14.18.1.3 Others
14.18.2 Individual
14.19 Basis Point Share (BPS) Analysis By Applications
14.20 Absolute $ Opportunity Assessment By Applications
14.21 Market Attractiveness Analysis By Applications
14.22 Asia Pacific Pineapple Market Size Forecast By Distribution Channels
14.22.1 Supermarkets/Hypermarkets
14.22.2 Convenience Stores
14.22.3 Independent Retailers
14.22.4 Online Sales
14.22.5 Others
14.23 Basis Point Share (BPS) Analysis By Distribution Channels
14.24 Absolute $ Opportunity Assessment By Distribution Channels
14.25 Market Attractiveness Analysis By Distribution Channels
Chapter 15 Latin America Pineapple Analysis and Forecast
15.1 Introduction
15.2 Latin America Pineapple Market Size Forecast by Country
15.2.1 Brazil
15.2.2 Mexico
15.2.3 Rest of Latin America (LATAM)
15.3 Basis Point Share (BPS) Analysis by Country
15.4 Absolute $ Opportunity Assessment by Country
15.5 Market Attractiveness Analysis by Country
15.6 Latin America Pineapple Market Size Forecast By Source
15.6.1 Organic
15.6.2 Conventional
15.7 Basis Point Share (BPS) Analysis By Source
15.8 Absolute $ Opportunity Assessment By Source
15.9 Market Attractiveness Analysis By Source
15.10 Latin America Pineapple Market Size Forecast By Types
15.10.1 Fresh
15.10.2 Packaged
15.10.2.1 Shelf-Stable
15.10.2.2 Frozen
15.11 Basis Point Share (BPS) Analysis By Types
15.12 Absolute $ Opportunity Assessment By Types
15.13 Market Attractiveness Analysis By Types
15.14 Latin America Pineapple Market Size Forecast By Varieties
15.14.1 Cayenne Pineapple
15.14.2 Queen Pineapple
15.14.3 Red Spanish Pineapple
15.14.4 MD2/MG3
15.14.5 Others
15.15 Basis Point Share (BPS) Analysis By Varieties
15.16 Absolute $ Opportunity Assessment By Varieties
15.17 Market Attractiveness Analysis By Varieties
15.18 Latin America Pineapple Market Size Forecast By Applications
15.18.1 Commercial
15.18.1.1 Beverages & Drinks
15.18.1.2 Bakery & Snacks
15.18.1.3 Others
15.18.2 Individual
15.19 Basis Point Share (BPS) Analysis By Applications
15.20 Absolute $ Opportunity Assessment By Applications
15.21 Market Attractiveness Analysis By Applications
15.22 Latin America Pineapple Market Size Forecast By Distribution Channels
15.22.1 Supermarkets/Hypermarkets
15.22.2 Convenience Stores
15.22.3 Independent Retailers
15.22.4 Online Sales
15.22.5 Others
15.23 Basis Point Share (BPS) Analysis By Distribution Channels
15.24 Absolute $ Opportunity Assessment By Distribution Channels
15.25 Market Attractiveness Analysis By Distribution Channels
Chapter 16 Middle East & Africa (MEA) Pineapple Analysis and Forecast
16.1 Introduction
16.2 Middle East & Africa (MEA) Pineapple Market Size Forecast by Country
16.2.1 Saudi Arabia
16.2.2 South Africa
16.2.3 UAE
16.2.4 Rest of Middle East & Africa (MEA)
16.3 Basis Point Share (BPS) Analysis by Country
16.4 Absolute $ Opportunity Assessment by Country
16.5 Market Attractiveness Analysis by Country
16.6 Middle East & Africa (MEA) Pineapple Market Size Forecast By Source
16.6.1 Organic
16.6.2 Conventional
16.7 Basis Point Share (BPS) Analysis By Source
16.8 Absolute $ Opportunity Assessment By Source
16.9 Market Attractiveness Analysis By Source
16.10 Middle East & Africa (MEA) Pineapple Market Size Forecast By Types
16.10.1 Fresh
16.10.2 Packaged
16.10.2.1 Shelf-Stable
16.10.2.2 Frozen
16.11 Basis Point Share (BPS) Analysis By Types
16.12 Absolute $ Opportunity Assessment By Types
16.13 Market Attractiveness Analysis By Types
16.14 Middle East & Africa (MEA) Pineapple Market Size Forecast By Varieties
16.14.1 Cayenne Pineapple
16.14.2 Queen Pineapple
16.14.3 Red Spanish Pineapple
16.14.4 MD2/MG3
16.14.5 Others
16.15 Basis Point Share (BPS) Analysis By Varieties
16.16 Absolute $ Opportunity Assessment By Varieties
16.17 Market Attractiveness Analysis By Varieties
16.18 Middle East & Africa (MEA) Pineapple Market Size Forecast By Applications
16.18.1 Commercial
16.18.1.1 Beverages & Drinks
16.18.1.2 Bakery & Snacks
16.18.1.3 Others
16.18.2 Individual
16.19 Basis Point Share (BPS) Analysis By Applications
16.20 Absolute $ Opportunity Assessment By Applications
16.21 Market Attractiveness Analysis By Applications
16.22 Middle East & Africa (MEA) Pineapple Market Size Forecast By Distribution Channels
16.22.1 Supermarkets/Hypermarkets
16.22.2 Convenience Stores
16.22.3 Independent Retailers
16.22.4 Online Sales
16.22.5 Others
16.23 Basis Point Share (BPS) Analysis By Distribution Channels
16.24 Absolute $ Opportunity Assessment By Distribution Channels
16.25 Market Attractiveness Analysis By Distribution Channels
Chapter 17 Competition Landscape
17.1 Pineapple Market: Competitive Dashboard
17.2 Global Pineapple Market: Market Share Analysis, 2020
17.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
17.3.1 Agricycle Global, Inc.
17.3.2 Ardo
17.3.3 Chiquita Brands International Sàrl
17.3.4 Del Monte Pacific Limited
17.3.5 Dole Food Company, Inc.
17.3.6 Earthbound Farm
17.3.7 Fresh Del Monte Produce Inc.
17.3.8 Fyffes
17.3.9 Hawaiian Crown
17.3.10 Siam Pineapple
17.3.11 SOL SIMPLE LLC
17.3.12 SunOpta
17.3.13 V & K Pineapple Canning Co., Ltd
17.3.14 Wawona Frozen Foods
17.3.15 Winz International Ltd