"Market Intelligence that Adds Flavour to Your Success"

Pomegranate Market Size, Share & Industry Analysis, By Product (Pomegranate Powder, Pomegranate Juice, Pomegranate Concentrate), By Category (Organic,Conventional), By Application (Food and Beverage, Confectionery, Dairy, Beverages, Bakery, Condiments] Pharmaceuticals, Cosmetics and Personal Care) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI104169 | Status : Ongoing

 

KEY MARKET INSIGHTS

The pomegranate market fruits are categorized under the berry fruits that belong to the Lythraceae family. Pomegranate fruit is considered among the healthiest fruits due to its rich vitamin E and C content. Pomegranate has several properties such as anti-viral, anti-inflammatory, antioxidant activity which has led to its wide incorporation in pharmaceuticals, cosmetics, and food industries. The pomegranate is widely used for various cosmetic products due to its anti-aging and acne prevention properties as well as it acts as a sunscreen and moisturizer. Moreover, the increasing demand for cosmetic and personal care products propels its market growth.


The wide incorporation of pomegranate juice and powder in various functional drinks/food due to its high nutritional properties. The consumption of functional drinks/food has increased in recent years owing to the consumers growing health concerns. The utilization of pomegranate in various processed foods such as cookies, cakes, and pastries for enhancing its taste and nutritional properties. Many processed food manufacturers are now focussing on innovative product launches, incorporated with pomegranate industry to fulfill the growing demand of consumers. Thus, these factors fuel its market growth.

The products derived from pomegranate from possessing many health-promoting benefits that have led to its wide incorporation by various industries other than the food and beverage sector which has driven its market. In recent years there has been a significant inclination of consumers towards plant-based medicines as they naturally contain health benefitting properties. The rise in demand for minimally processed and organic medicinal products has also contributed to the pomegranate industry growth.

The seasonal dependency for harvesting and cultivation pomegranate for producing various products acts as a major restraint in its market growth. The techniques and methods utilized for producing various pomegranate products are costly which increases the overall product prices. This has hampered its market growth. Further, the high chances of microbial contamination in pomegranate hamper the quality of products, thus impeding its market growth.

Up Arrow

Key Market Driver -

Increased Utilization of Pomegranate by Various Industries

Down Arrow

Key Market Restraint -

Seasonal Dependency for Pomegranate Cultivation


Key Players Covered:


The key companies operating in the global pomegranate market are:


  • POM Wonderful llc,

  • Lakewood Inc., 

  • The Coca Cola Company,

  • The J.M. Smucker Company, 

  • Gilan Gabala Canning Factory, 

  • Gateway Group, 

  • TTM Food,

  • Taj Agro Products Ltd.,

  • PepsiCo.


The global pomegranate market is segmented by product, category, application, and geography. The pomegranate concentrate in the product sector is accounted for holding the major share in the market owing to its broad utilization in preparing various juices and medicinal syrups. The pomegranate juice segment is also witnessing traction as it is consumed as a nutritional drink due to its immunity-boosting properties.

The organic pomegranate segment is leading due to the increase in consumers' demand for organic and clean-label products. The organic products are perceived to be healthier than the conventional variant as it is free from any harmful chemical and pesticides.

The food and beverage segment is holding the major share in the application sector due to the extensive utilization of pomegranate market in various food products. The beverage segment is leading as pomegranate juice is used for formulating various functional drinks, cocktails, and mocktails to enhance its flavor and aesthetic appeal. The pomegranate juice is used for making vinegar which is used in salads and dressings to improve the taste and texture.

Regional Analysis:


Asia Pacific region is the fastest-growing market for pomegranate due to the presence of countries such as India and China in the region which are amongst the largest producer of pomegranate in the world. The rise in per capita consumption of food products due to the growing population is a macro-economic factor that drives the market. The countries export large amounts to pomegranate to the other regions which have led to higher revenue generation. Further, many multinational companies are setting up their production base in the region due to the presence of potential markets such as India, China, and Japan boosts its regional market growth.

North America is expected to witness robust growth in the pomegranate market in the upcoming years due to the increase in consumption of functional drinks as consumers prefer them over the high-sugar containing carbonated beverages. The increasing demand for pomegranate fresh fruit and its derived products due to the inclination towards plant-based products has contributed to its regional market growth.

Europe is witnessing substantial growth in the pomegranate market due to the presence of Germany and the U.K. which are among the major pomegranate consuming countries in the region. The increasing preference of the consumers towards fruit that is easy to prepare and ready-to-eat has positively impacted the regional sales performance of pomegranate.

To gain extensive insights into the market, Request for Customization


Pomegranate Market Segmentation


























 ATTRIBUTE

  DETAILS

By Product



  • Pomegranate Powder

  • Pomegranate Juice

  • Pomegranate Concentrate



By Category



  • Organic

  • Conventional



By Application



  • Food and Beverage

    • Confectionery

    • Dairy

    • Beverages

    • Bakery

    • Condiments



  • Pharmaceuticals

  • Cosmetics and Personal Care



By Geography



  • North America (U.S., Canada, and Mexico)

  • Europe (Germany, France, Italy, Spain, U.K., Russia, and Rest of Europe)

  • Asia Pacific (China, India, Japan, Australia, and Rest of Asia Pacific)

  • South America (Brazil, Argentina, and Rest of South America)

  • Middle East & Africa (South Africa, UAE, and Rest of ME&A)



Key Industry Developments



  • In January 2020, Shamrock Farms, a US-based dairy company launched Rockin’ Protein range of super fruit beverages in two flavours-cherry crème and blueberry pomegranate. These products are ready-to-drink beverages and are free from any added sugars as well as is lactose-free.

  • In September 2017, POM Wonderful, LLC, a producer of pomegranates and pomegranate arils acquired Ruby Fresh, a distributor and processor of pomegranate to strengthen its supply chain and production capacity in the United States.





  • Ongoing
  • 2023
  • 2019-2022
  • Pre Book
Multi-report Purchase Plan
    A Customized Plan Will be Created Based on the number of reports you wish to purchase
Food & Beverages Clients
Fuji film
Samyang
Mckinsey
Pont Europe
Health Canada
Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.
X