Black Plum Produce Market Size (2024 – 2030)

The Black Plum Produce Market was valued at USD 13.4 Billion in 2023 and is projected to reach a market size of USD 20.55 Billion by the end of 2030. Over the forecast period of 2024-2030, the market is projected to grow at a CAGR of 6.3%.

The dark purple skin that envelops the meat of black plums gives rise to their name. A large number of the fresh plums found in shops and supermarkets are Japanese black plum varieties. Their brilliant yellow flesh, pleasant taste, and lack of acidity make them highly valued. Plums are a fruit of the Prunus genus, which along with other fruits such as peaches, cherries, and apricots, is classified in the Rosaceae family. The main characteristics that distinguish all these fruits into different subgenera are the orientation of shoots, leaves, and flowers. Taxonomists estimate that there are approximately 19 to 40 plum species in existence. Of this diversity, only two of his species, the European plum (Prunus domestica) and the Japanese plum or apricot (Prunus mume) are of commercial importance and enjoyed worldwide.

Key Market Insights:

The use of plum extracts in the nutrition sector is anticipated to increase quickly throughout the projection period due to the health benefits of these extracts. Plum extracts contain vitamin C, which is excellent for the eyes and aids in the formation of blood vessels, muscular growth, and healing processes. Additionally, plum extracts reduce blood pressure. A study found that subjects' blood pressure was lower in the prune-juice and prune extract-eating group than in the prune-less control group. The reddish-blue pigment in plums called anthocyanins aids in the elimination of dangerous free radicals. This aids in defending your body against cell damage and cancer. Plucky prunes, which are made from dried plums and packed full of nutritional fiber, are a popular remedy for constipation.

Black Plum Produce Market Drivers:

Plums have been characterized as foods that are good for your health. Studies on plum's health benefits are still yielding encouraging findings about its antioxidant, anti-inflammatory, and memory-enhancing properties.

Plums are rich in phenolic compounds, namely anthocyanin, which is a naturally occurring antioxidant. This has led to a rise in interest in plum studies. Plums are a significant source of chemicals that affect human health and stop the development of numerous diseases. Numerous bioactive substances can be found in plums, including anthocyanins, phenolic acids, carotenoids, flavanols, organic acids (like citric and malic acids), tannins, fiber (pectin), aromatic substances, enzymes, minerals, and vitamins A, B, C, and K. The four main phenolic compounds found in plums are 4-O-caffeicquinic (crypto-chlorogenic acid), 5-O-caffeicquinic (chlorogenic acid), 3-O-caffeicquinic (neochlorogenic acid), and caffeic acid.

Black Plum Produce Market Restraints:

There are certain drawbacks to plums' nutritional content that could affect people's health.

Considering plum fruit includes a certain quantity of sugar, those who are obese or have diabetes should limit their consumption. Those with excessive stomach acidity or other gastrointestinal disorders may be adversely affected by plum, particularly if the condition is acute. Overindulgence in food is linked to several issues such as flatulence and abdominal pain.  Plums are used sparingly in cases of joint disorders since they can draw out a lot of fluid from the human body. Plums can give rise to digestive problems such as diarrhoea and flatulence. Food may not pass through the stomach and intestines if dry plums or pits are ingested intact. Its usage in food and beverages may be restricted for these reasons, which would lower demand.

BLACK PLUM PRODUCE MARKET REPORT COVERAGE:

Black Plum Produce Market Segmentation: By type

• Black Ruby

• Friar

• Black Beauty

• El Dorado

• Black Amber

• Black Splender

• French Prune

The "Black Ruby" cultivar is among the most widely available varieties of black Japanese plums. The yellow flesh of this plump is surrounded by reddish-black skin. One of the rare varieties of sweet plums that ripens in the middle of summer is this round variety. This variety of plum is popular for eating fresh in part because it is a freestone variation. Large Japanese plums with sweet, juicy flesh are known as "friere plums." These spherical plums have dark purple skin with blue undertones from a dusty wax coating. The delicate flesh of these juicy plums has a pale orange-amber color, covering a tiny pit. The plum is a favorite species to eat fresh since it has hard flesh despite its juicy nature. Another variety of Japanese plum with vivid yellow flesh and a strong purple-red skin tone is called Black Beauty. When you bite into the firm flesh of this drupe fruit, it is incredibly juicy. Another well-liked kind for fresh eating is these medium-to-large dark oval plums. The huge type of plum known as "Black Splendour" ripens early in the season, which is one of their many beautiful qualities. These are a plum variety to seek out, with hints of bitterness from the black skin and sweetness from the beet-colored flesh. The cultivar known as "El Dorado" is another variety of sweet black plum. One of the most adaptable kinds of black plum you can cultivate, this variety is a wonderful all-arounder. Tastily baked or cooked, the firm flesh maintains its texture. This is the ideal plum for eating because of its juicy, extremely sweet flesh.

Black Plum Produce Market Segmentation: By Application

• Food & Beverages

• Cosmetics

• Pharmaceuticals

• Nutrition

The nutrition sector is expected to experience rapid growth in the usage of plum extracts due to their health benefits over the forecast period. The vitamin C present in plum extracts aids in the formation of blood vessels, growth of muscle, healing, and eye health. Blood pressure is also lowered by plum extracts. In a recent study, it was discovered that eating plums helped a group of 51 adults who were suffering from constipation. Researchers in Australia and New Zealand are looking into the possibility of using Kakadu plums in functional foods and supplements due to their high nutritional content. As more people turn away from artificial additives and preservatives, the Kakadu plum—which is already well-known for its use in seafood and prepared foods—may be able to provide a healthier substitute. The amount of moisture, the mass of this material, and its spoiling can contaminate the environment and result in cleanup expenses. It is comparable to the black plum and contains valuable chemicals that are utilized in the food industry to enhance texture, flavor, and color. Jamun seed powder is said to be effective in reducing acne and blemishes. A study found that subjects' blood pressure was lower in the prune-juice and prune extract-eating group than in the prune-less control group. The reddish-blue pigment in plums called anthocyanins aids in the elimination of dangerous free radicals. This aids in defending your body against cell damage and cancer. Plucky prunes, which are made from dried plums and packed full of nutritional fiber, are a popular remedy for constipation.

Black Plum Produce Market Segmentation: By distribution channels

• Online stores

• Offline stores

The majority of the global market share was held by the offline channel. To immediately verify the quality of products, people prefer to purchase offline fruits, vegetables, and other goods. Additionally, it is anticipated that category growth will be fuelled by how simple it is to look for different fruits in shops. Offline channels are expected to continue to be prominent during the projection period due to better distribution channel networks around the world. The fastest CAGR growth is anticipated for the internet channel segment. The e-commerce sector for the purchase of consumer goods and food products has seen profitable growth in recent years due to the increased adoption of this channel due to the rate of internet access. Online grocery shopping platforms have made it convenient for customers to buy processed, chopped, and fresh fruits and vegetables without having to go to physical stores.

Black Plum Produce Market Segmentation: Regional Analysis

• North America

• Asia-Pacific

• South-America

• Middle East and Africa

In 2023, China held a significant portion of the market revenue share, and Asia Pacific dominated the worldwide plum extract market. In the Chinese market, Shuanghua plum is the most well-liked variety. It costs about 4 RMB per kg on average (0.50 Euro per kg). Nonetheless, the Fengtang plum is the most exclusive kind, costing an average of about 72 RMB per kg (8.90 Euro per kg). The plum that has gained the most popularity recently and is being grown in an increasing number of locations is the Xiangcui plum. Southeast Asia receives exports of this type as well. The most recent Hort Innovation figures show that Australia produced somewhat more plums in June 2019 than in previous years. The value increased by 4% to 76 million AUD, while volumes increased by 9% to 32,250 tonnes. The value of exports climbed by 26% to AUD 26 million, and a substantial 30% increase occurred to 6,840 tonnes. Since entering that market, Australia's exports to China have increased notably quickly, from 1 tonne in 2017 to 2,600 tonnes in 2019, accounting for 40% of the country's total overseas supply. With a USD 500,000 government grant, a USD 2.7 million project to develop the Kakadu plum sector in Northern Australia was unveiled in August 2018. In Australia, a lot of people purchase Kakadu plum jam or binge powder to use in baked products and smoothies. These products can be bought online or from specialty stores; some even offer binge wafers. Versions that have been puréed and frozen are sold in bulk.

Black Plum Produce Market COVID-19 Impact Analysis:

The global economy and businesses have experienced unprecedented effects due to the growing uncertainties surrounding the coronavirus (COVID-19) outbreak. Different levels of impact have been felt by the agribusiness industry; for example, certain food companies have seen a sharp rise in product demand as panic buying intensified. Import rivals may be prohibited under some circumstances. Because agribusiness is vital to the economy, it has generally continued to operate despite challenges. In addition, there is a growing trend towards healthier eating, which raises the demand for fruits and vegetables. Fruit consumption is increasing to unprecedented heights as people become more conscious of the effects their eating choices have on the environment and their health. In a thriving industry ready for more expansion and innovation, this upward trend lets fruit makers' creative juices run wild. Exciting new flavors are also generating a lot of interest in the fruit industry. Amid the COVID-19 pandemic, natural substances that have the potential to improve immunity and act as antioxidants are becoming increasingly popular. Customers are paying more attention to how food and drink affect their health, happiness, and mood as the trend toward more conscious consumption gains traction. Due to its high nutritional content, plum extracts are in high demand worldwide.

Latest Trends/ Developments:

Diabetes can be effectively treated with Jamun.  According to research, jamun seeds, which are heavy in alkaloids, have hypoglycaemic qualities that can help lower elevated blood sugar levels.

Jamun is said to aid in the management of diabetes in Ayurveda. The seeds' components, which include jamboline and jambosine, lower blood glucose levels and promote the release of insulin.

Key Players:

1. Southern Cross Botanicals Pty Ltd

2. Native Extracts Pty Limited

3. Lipoid Kosmetik Ag

4. Cj Cheiljedang Corporation