Dragon Fruit Powder Market Share, Revenue, Trends, Growth Strategy, Challenges, Opportunities and Future Competition Till 2033


Dragon Fruit Powder Market Share, Revenue, Trends, Growth Strategy, Challenges, Opportunities and Future Competition Till 2033: SPER Market Research

 Category : Food & Beverages

 Published: Nov-2023
 Author: SPER Analyst

Global Dragon Fruit Powder Market is projected to be worth USD 21.52 billion by 2033 and is anticipated to surge at a CAGR of 4.8%.

The abundance of fibre and minerals that the powdered dragon fruit contains has numerous physiological advantages for the health of its users. Because it contains a lot of antioxidants, fibre, and vitamins C and B, dragon fruit powder is a great ingredient for a number of health benefits, including decreasing cholesterol and increasing immunity. The powdered dragon fruit has additional advantages for controlling weight and brain functions. Due to its numerous skin benefits, including anti-aging, healing burns, and acne treatment, dragon fruit powder is utilised in the production of a wide range of personal care and cosmetic products, which in turn supports the growth of the global dragon fruit powder market. 

Global Dragon Fruit Powder Market Driving Factors and Challenges
Dragon fruit powder, celebrated as a tropical superfood, is gaining widespread recognition for its remarkable health benefits and is now a fundamental part of many people's dietary choices worldwide. This surge in popularity is driven by its multifaceted applications in pharmaceuticals, nutraceuticals, and cosmetics. With its myriad advantages, dragon fruit powder is making a significant impact on the market. Health-conscious individuals are increasingly gravitating towards fiber-rich diets, further boosting its demand. This potent powder is even believed to have cancer-fighting properties and immune-boosting capabilities. It serves as an ideal supplement for those embracing vegan, non-GMO, and gluten-free lifestyles.

In Latin America, where dragon fruit cultivation is abundant, the market is expected to thrive. Thanks to its rich antioxidant content, fiber, and essential vitamins, dragon fruit powder is hailed for its potential in reducing cholesterol and bolstering immunity, as well as aiding in weight management and cognitive function. Moreover, its extensive benefits in skincare, such as anti-aging, burn healing, and acne treatment, have made it a sought-after ingredient in personal care and beauty products. This diversity of applications is positively impacting the global dragon fruit powder market's growth.

However, seasonality limits the market for dragon fruit powder in part. Dragon fruit is a tropical fruit that is mainly accessible in the summer. Consequently, supply restrictions limit the quantity of dragon fruit powder that can be supplied to final customers, which affects firms who specialise in creating the powder.

Impact of COVID-19 on Global Dragon Fruit Powder Market
The pandemic raised consumer demand for fruits that were more likely to strengthen immunity. Dragon fruit is high in vitamin C, which boosts immunity and improves general health. The fruit's demand surged during the epidemic due to its ability to fortify the body's defences against potentially lethal infections. Fruit powders are gaining popularity among customers as a convenient retail purchase alternative.

Dragon Fruit Powder Market Key Players:
The market study provides market data by competitive landscape, revenue analysis, market segments and detailed analysis of key market players such as; BR Ingredients, Dragon Fruit Bites, Dragon Fruit Powder, Dragon Herbs, GreenFinity, Hybrid Herbs, Light Cellar, Nature Restore, Navitas Organics, Nutra Organics, Pitahaya Plus, SOL Organica, Terrasoul Superfoods, Unicorn Superfoods, Wilderness Poets, Others.

Global Dragon Fruit Powder Market Segmentation:

By Source Type: Based on the Source Type, Global Dragon Fruit Powder Market is segmented as; Hylocereus Guatemalensis, Hylocereus Polyrhizus, Others.

By Application: Based on the Application, Global Dragon Fruit Powder Market is segmented as; Cosmetics, Food & Beverages, Pharmaceuticals, Others.

By Distribution Channel: Based on the Distribution Channel, Global Dragon Fruit Powder Market is segmented as; Modern Trade, Speciality Stores, Others.

By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.

This study also encompasses various drivers and restraining factors of this market for the forecast period. Various growth opportunities are also discussed in the report.

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