As per our research report, the global seedless guava market size is estimated to be growing at a CAGR of 5% from 2023 to 2030.
Lockdown, movement restriction, and social distancing were the new norm during the pandemic. This took a toll on the supply chain and import-export trade. The shutdown of local shops, and markets, and the labor shortage affected the growth rate. However, post-pandemic, the industry picked up showing a notable change. Furthermore, online shopping gained more prominence helping to boost the market growth.
Increasing consumption of seedless guava due to the health benefits associated is acting as a major market driver. Seedless guavas are high in vitamin C, potassium, and dietary fiber. They can assist to improve the immune system, protect the heart, and heal digestive issues. It is also thought to be beneficial to diabetics. Guava juice is also used to treat respiratory problems such as coughing. Furthermore, they have rich antioxidants, help in improving eye and digestive health, and have compounds present that have anti-inflammatory properties. Secondly, the seedlessness trait is helping to boost market growth. Seedlessness is often associated with good characteristics for industrial purposes, consumption for all age groups, and superior fruit quality. Therefore, seedless guava can be easily used for various desserts, fruit salads, smoothies, and milkshakes. Additionally, easy usage is an aid for the industry.
Lower shelf life can cause early spoilage and damage to the fruit. Secondly, transportation charges and maintenance can take a toll. Thirdly, packaging charges can hinder the growth rate. Additionally, being a seasonal fruit, weather conditions, harvest, and yield can be a major barrier. Furthermore, the cost associated with quality checks, pesticides, and fertilizers can affect the market growth rate.
Based on nature, conventional fruits are the largest growing mainly because of affordability and availability in the market. This factor makes conventional fruits to be widely used in restaurants, hotels, and juice shops. However, with rising awareness as well as concern about the environment and health organic fruits are the fastest-growing segment among the following.
Based on segmentation by type, fresh fruit is the largest growing owing to consumer demand, nutritional value, and natural flavor associated with it. The juice segment is the fastest growing owing to enhanced taste, flavor, refreshing nature, and appeal.
Based on distribution channels, supermarkets, and hypermarkets are the largest growing. This is because they cater to fresh fruits, offer price ranges, and customer support. However, online retail is the fastest growing because of factors like easy convenience, reviews, wider varieties, and time-saving.
Based on end-user, the food and beverage industry is the largest growing owing to the diverse applications in desserts, yogurts, smoothies, salads, etc. It is very rich in nutrition so; the application of guava fruit has surged in the beverage industry. Guava juice improves the flavor and taste of beverages so, manufacturers are using guava fruit in a variety of beverage options. Recently, consumers have preferred diet-based drinks which are healthy as well as tasty so, the consumption of fruit-based juices rose, further soaring the adoption of guava. Increasing consumer demand has overall boosted growth. Medical and hospitals are the fastest growing. This is because of the nutritional and health benefits the fruit offers. Recently, consumers have preferred to consume natural ice cream which is healthy and made with natural sugar so, manufacturers are focusing on using fruits for natural ice creams which give a natural flavor to consumers.
Based on region, Asia Pacific is the largest growing market. Guava is a popular fruit in Asian countries. Hence, it is grown in many places and widely used in the food and beverage sector. Consumer demand also plays a huge role in the popularity. Countries like India, China, and Thailand are the largest and leading producers. It is also due to the increasing consumption of guava fruit in a variety of applications such as yogurt, ice creams, and many more. Rising consciousness about health among people increases the intake of guava fruit. Guava puree availability has increased owing to advancements in guava cultivation and processing which further raised the demand for guava fruit. North America is the fastest growing due to rising consumer preference and use in the food industry. The USA and Canada are the leading countries. European countries like the UK and Spain also show a considerable growth rate due to rising trends and preferences.
Companies playing a leading role in the global seedless guava market profiled in this report are Symphony Fruits, Sun Impex, Agrico, Del Monte Foods, Roha Dyechem, Cavite Food and Delicacies, Van Drunen Farms, Tree Top Inc, FieldFresh Foods Pvt Ltd, and Taiwan Sugar Corporation.
Conventional
Organic
Fresh fruit
Jam
Juice
Others
Supermarkets and Hypermarkets
Online Retail
Others
Food and Beverage Industry
Medical and Hospitals
Others
North America
Europe
Asia-Pacific
South America
Middle East & Africa
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