Market Overview:
The global pomegranate market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for pomegranate juice concentrate and powder due to its health benefits, increasing awareness about the health benefits of pomegranates, and growing demand for natural ingredients in food and cosmetics industry. However, high price of raw materials is expected to restrain the growth of this market during the forecast period. On the basis of type, the global pomegranate market can be segmented into Pomegranate Juice Concentrate and Pomegranate Powder. The Pomegranate Juice Concentrate segment is projected to grow at a higher CAGR than that of Pomegranate Powder during the forecast period from 2018 to 2030. This can be attributed to rising demand for ready-to-drink (RTD) beverages owing to changing lifestyle trends among consumers across regions. On account of this, major players are focusing on expanding their production capacities for juice concentrates in order cater increased demand from end-use industries such as food industry and cosmetics industry. Based on application,the global pomengranatesmarket can be divided into Food Industry, Cosmetics Industryand Pharmaceutical Industry segments .
Product Definition:
The Pomegranate is a fruit that is round and has a hard skin. It is red or purple and has small seeds inside of it.
Pomegranate Powder:
Pomegranate powder is the extract of pomegranates. It consists of many nutritional ingredients such as vitamin C, E, A and B1 & 2, folic acid and potassium among others. Pomegranate powder helps in weight reduction by burning calories through physical activity. It also reduces the risk for cardiovascular diseases owing to its antioxidant properties which help in protection from free radicals that cause cell damage.
Pomegranate Juice Concentrate:
Pomegranate juice concentrate is the purest form of pomegranate juice. It contains concentrated fruit pulp with seeds and has been used as a natural sweetener in various food products including bakery, cereals, syrups, ice creams and yogurts. Pomegranate juice helps prevent heart disease by lowering bad cholesterol (LDL), triglycerides and blood pressure levels.
Application Insights:
The global pomegranate market has been segmented on the basis of application into food, cosmetics industry, and pharmaceutical industry. The food application dominated the overall market in 2017 with a share of over 50%. Pomegranates are widely used as a functional ingredient in various foods such as juice cocktails, sauces, salad dressings and main dishes. They are also used to flavor beverages such as smoothies and milkshakes. Growing demand for organic juices along with rising health concerns among consumers is expected to drive the product demand in this segment over the forecast period.
Pomegranates have excellent antioxidant properties which make them useful in preventing diseases related to heart disease including stroke and heart attack. They also help reduce blood pressure levels owing to their high potassium content which plays a crucial role in regulating fluid balance inside human body cells called neurons.
Regional Analysis:
Europe was the largest regional market in 2017 owing to high demand from the food and beverage industry. Germany, France, Italy, U.K., and Spain are some of the major countries that contributed to a large extent to pomegranate production across Europe. The region is expected to witness growth in future due to increasing health consciousness among consumers coupled with rising disposable income levels of consumers especially in developed economies such as Germany and France will drive product demand over the forecast period.
Asia Pacific is projected be one of the fastest-growing markets at a CAGR exceeding 5% from 2018 to 2030 owing for its rapidly growing food processing industry along with developing pharmaceutical sector which requires high-quality pomegranates every day. China has been witnessing strong economic growth over past few years on account of rapid urbanization along with industrialization has driven consumer spending power thereby driving product demand across this region Pomegrenate Market By Region table 2).
Growth Factors:
- Increasing demand for healthy and nutritious food products is driving the growth of the pomegranate market.
- Rising awareness about the health benefits of pomegranates is propelling their demand among consumers.
- The increasing popularity of pomegranate juice as a functional drink is fueling its growth in the market.
- Growing demand for organic pomegranates is providing new opportunities for players in this market.
- Expansion of retail formats such as supermarkets and hypermarkets is aiding in the growth of the global pomegranate market
Scope Of The Report
Report Attributes
Report Details
Report Title
Pomegranate Market Research Report
By Type
Pomegranate Powder, Pomegranate Juice Concentrate
By Application
Food Industry, Cosmetics Industry, Pharmaceutical Industry
By Companies
POMWonderful, Lakewood, Minute Maid, Tropi-cana, GRANTE, RW Knudsen Family, Jale and Zolotoy Sad, Narni, Arvee, TTM Food, Sun Sun Shahd, Orumnarin, Jia Neng Da, Saide
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Pomegranate Market Report Segments:
The global Pomegranate market is segmented on the basis of:
Types
Pomegranate Powder, Pomegranate Juice Concentrate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Industry, Cosmetics Industry, Pharmaceutical Industry
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- POMWonderful
- Lakewood
- Minute Maid
- Tropi-cana
- GRANTE
- RW Knudsen Family
- Jale and Zolotoy Sad
- Narni
- Arvee
- TTM Food
- Sun Sun Shahd
- Orumnarin
- Jia Neng Da
- Saide
Highlights of The Pomegranate Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pomegranate Powder
- Pomegranate Juice Concentrate
- By Application:
- Food Industry
- Cosmetics Industry
- Pharmaceutical Industry
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pomegranate Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pomegranate is a fruit that is typically red and has a tart flavor. It is high in antioxidants, which may help protect the body against cancer and other diseases.
Some of the major companies in the pomegranate market are POMWonderful, Lakewood, Minute Maid, Tropi-cana, GRANTE, RW Knudsen Family, Jale and Zolotoy Sad, Narni, Arvee, TTM Food, Sun Sun Shahd, Orumnarin, Jia Neng Da, Saide.
The pomegranate market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Pomegranate Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Pomegranate Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Pomegranate Market - Supply Chain
4.5. Global Pomegranate Market Forecast
4.5.1. Pomegranate Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Pomegranate Market Size (000 Units) and Y-o-Y Growth
4.5.3. Pomegranate Market Absolute $ Opportunity
5. Global Pomegranate Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Pomegranate Market Size and Volume Forecast by Type
5.3.1. Pomegranate Powder
5.3.2. Pomegranate Juice Concentrate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Pomegranate Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Pomegranate Market Size and Volume Forecast by Application
6.3.1. Food Industry
6.3.2. Cosmetics Industry
6.3.3. Pharmaceutical Industry
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Pomegranate Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Pomegranate Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Pomegranate Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Pomegranate Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Pomegranate Demand Share Forecast, 2019-2026
9. North America Pomegranate Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Pomegranate Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Pomegranate Market Size and Volume Forecast by Application
9.4.1. Food Industry
9.4.2. Cosmetics Industry
9.4.3. Pharmaceutical Industry
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Pomegranate Market Size and Volume Forecast by Type
9.7.1. Pomegranate Powder
9.7.2. Pomegranate Juice Concentrate
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Pomegranate Demand Share Forecast, 2019-2026
10. Latin America Pomegranate Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Pomegranate Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Pomegranate Market Size and Volume Forecast by Application
10.4.1. Food Industry
10.4.2. Cosmetics Industry
10.4.3. Pharmaceutical Industry
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Pomegranate Market Size and Volume Forecast by Type
10.7.1. Pomegranate Powder
10.7.2. Pomegranate Juice Concentrate
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Pomegranate Demand Share Forecast, 2019-2026
11. Europe Pomegranate Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Pomegranate Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Pomegranate Market Size and Volume Forecast by Application
11.4.1. Food Industry
11.4.2. Cosmetics Industry
11.4.3. Pharmaceutical Industry
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Pomegranate Market Size and Volume Forecast by Type
11.7.1. Pomegranate Powder
11.7.2. Pomegranate Juice Concentrate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Pomegranate Demand Share, 2019-2026
12. Asia Pacific Pomegranate Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Pomegranate Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Pomegranate Market Size and Volume Forecast by Application
12.4.1. Food Industry
12.4.2. Cosmetics Industry
12.4.3. Pharmaceutical Industry
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Pomegranate Market Size and Volume Forecast by Type
12.7.1. Pomegranate Powder
12.7.2. Pomegranate Juice Concentrate
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Pomegranate Demand Share, 2019-2026
13. Middle East & Africa Pomegranate Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Pomegranate Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Pomegranate Market Size and Volume Forecast by Application
13.4.1. Food Industry
13.4.2. Cosmetics Industry
13.4.3. Pharmaceutical Industry
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Pomegranate Market Size and Volume Forecast by Type
13.7.1. Pomegranate Powder
13.7.2. Pomegranate Juice Concentrate
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Pomegranate Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Pomegranate Market: Market Share Analysis
14.2. Pomegranate Distributors and Customers
14.3. Pomegranate Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. POMWonderful
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lakewood
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Minute Maid
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Tropi-cana
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. GRANTE
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. RW Knudsen Family
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Jale and Zolotoy Sad
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Narni
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Arvee
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. TTM Food
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Sun Sun Shahd
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Orumnarin
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jia Neng Da
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Saide
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook