Seedless Guava Market Size (2023 - 2030)

The global Seedless Guava Market is estimated to be worth USD 502 Million in 2022 and is projected to reach a value of USD 741.68 Million by 2030, growing at a CAGR of 5% during the forecast period 2023-2030.

Seedless guavas are a white variety of Psidium guajava with a firmer, crisper texture.  The Seedless guava grows on an evergreen tree that may reach a height of 3 to 10 meters. It has a shrub-like growth habit and smooth brownish-green or even crimson bark. Seedless guavas are round, ovoid, or piriform in shape, with a thin lime-green peel that is edible when mature. They are medium-sized guava, usually 5-10 centimeters in length, and are frequently sweeter than seeded kinds. The crisp white flesh is fragrant and flavourful, with notes of peach, passionfruit, lime zest, and rose. They are available in the fall and spring seasons.

Seedless guava, a unique species in the nation, will enter the market alongside the predominant variety of guava in the next years, providing farmers with optimism for a bountiful harvest. It is far superior to other conventional guavas in the nation. During the forecast period, they are projected to show a considerable growth rate owing to the nutritional value and rising consumer demand.

Global Seedless Guava Market Drivers:

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 which have anti-inflammatory properties.

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.

Global Seedless Guava Market Challenges:

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.

Global Seedless Guava Market Opportunities:

The demand for the consumption of organic fruits has presented the market with an ample number of opportunities. Secondly, consumer demand is rising owing to the health benefits associated with it. Thirdly, the culinary trends, easy handling, and age group consumption have been a boon. Furthermore, research activities on exploring nutritional value, collaborations, and partnerships have played a huge role in raising the market demand.

COVID-19 Impact on the Global Seedless Guava Market:

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.

Global Seedless Guava Market Recent Developments:

In December 2020, reports and newspapers published the news of Bari Peyara-4, a new variety of seedless guava developed in the last seven years of research by the Bangladesh Agricultural Research Institute in Gazipur.

SEEDLESS GUAVA MARKET REPORT COVERAGE:

Global Seedless Guava Market Segmentation: By Nature

• Conventional

• Organic

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.

Global Seedless Guava Market Segmentation: By Type

• Fresh fruit

• Jam

• Juice

• Others

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. The

Global Seedless Guava Market Segmentation: By Distribution Channel

• Supermarkets and Hypermarkets

• Online Retail

• Others

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.

Global Seedless Guava Market Segmentation: By End-User

• Food and Beverage Industry

• Medical and Hospitals

• Others

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 prefer 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 prefer to consume natural ice cream which is healthy and made with natural sugar so, manufacturers are focusing to use fruits for natural ice creams which give a natural flavor to consumers. 

Global Seedless Guava Market Segmentation: By Region

• North America

• Europe

• Asia-Pacific

• South America

• Middle East & Africa

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 soared the demand for guava fruit. North America is the fastest growing due to rising consumer preference and use in the food industry. USA and Canada are the top leading countries. European countries like UK and Spain also show a considerable growth rate due to rising trends and preferences.

Global Seedless Guava Market Key Players:

1. Symphony Fruits

2. Sun Impex

3. Agrico

4. Del Monte Foods

5. Roha Dyechem

6. Cavite Food and Delicacies

7. Van Drunen Farms

8. Tree Top Inc

9. FieldFresh Foods Pvt Ltd

10. Taiwan Sugar Corporation