Global Passion Fruit Peel Market size was valued at US$ XX Mn in 2019 and the total revenue is expected to grow at XX% through 2020 to 2026, reaching nearly US$ XX Mn.
The global Passion Fruit Peel market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Passion Fruit Peel market report also provides trends by market segments, technology, and investment with a competitive landscape.
Global Passion Fruit Peel Market Overview
Over time the demand for passion fruit peel and its by-product has grown because of its increased usage in end user applications. Passion fruit peel is a by-product of tropical fruit that goes by the same name passion fruit and is a native of Brazil, Northern Argentina, and Paraguay. It is a valuable functional food rich in antioxidants, passion fruit peel is also used to feed cows as it is known to increase milk production and protection against bacteria. Peels of passion fruits are edible for humans to eat raw after removing fruit pulp and comes in yellow color. Passion fruit peels are used to manufacture passion fruit floor which is termed as good and healthy for the human body.
The use of passion peel in pharmaceutical impacted positive growth in the market as passion fruit antioxidants, rich in fiber and key nutrients such as Vitamin A important for vision, skin, and hair, and vitamin C crucial for building a healthy immune system. It also has a low glycemic index which means it will not increase blood sugar level upon eating and is preferred by diabetic patients impacting the substantial market growth.
Global Passion Fruit Peel Market Dynamics
Increase In the use of passion fruit peel in various applications such as Livestock Feed, Pharmaceutical, Food & Beverages, Skincare & Cosmetics, Biotechnology are driving force in the market growth combined with increased knowledge about Passion Fruit and its by-products on health and body when consumed impacted positively on market. Moreover increased demand for organic, enhanced taste, flavor, and aromatic processed food, Rise in per capita income which is anticipated to grow the overall Passion Fruit Peel market.
The use of passion fruit peel in the pharmaceutical industry has grown with time as it has several health benefits, it helps in treating and reducing cholesterol level, high density lipoproteins cardiovascular problems, the decreasing concentration of low density lipoproteins, and other illness due to which its popularity for manufacturing drugs has grown. When applied on the skin it helps skin retaining moisture as it is rich in antioxidants it improves blood flow and keeps skin hydrated and several other factors played an important role in markets growth.
However, passion fruit peel is safe to consume for people but certain factors such as causing skin allergy and reaction in some people due to some of its plant protein have a structure which is similar to latex protein. Purple passion fruit peel contains a chemical called cyanogenic glycoside which combines with enzymes to form poison cyanide and other poisons which are affecting the market growth.
Global Passion Fruit Peel Market Segment Analysis
Global Passion Fruit Peel Market 1By end-user, the segment of pharmaceutical dominated the market. Passion fruit peel helps in treating lung disease due to its antioxidant abilities. For instance, an experiment was conducted when mice injected with pulmonary fibrosis, a form of lung disease shown elevated levels of inflammatory cells, macrophages, lymphocytes, and neutrophils. The experiment concluded that the administration of passion fruit peel and its extracts helps in decreasing bleomycin induce due to passion fruits ant oxidation and anti-inflammatory properties, whereas the segment of food and beverages has also shown growth rates due to increased use of passion fruit peel juice and beverages as a supplement. It provides nutrients and vitamins to the body. It’s is also used to feed animals as it improves health, fights bacteria and increases the production of milk in cows due to its richness in fiber
By nature, the Passion fruit peel market is segmented into organic and conventional. Of which the segment of organic passion fruit peel held largest market share in recent years because of its increased use in skincare & cosmetics and is harvested without any chemical and pesticides. It an anti-aging ingredient for skincare as it contains various polyphenols such as luteolin glycosides which help in stopping the oxidation of melanin which causes wrinkles and dark spots on the skin and keep skin youthful. Passion Fruit Peel safe to use under GRAS (Generally Recognized as Safe) for use and by (USFDA) Food and Drug Administration of America. Followed by conventional fruit peel people which is anticipated to grow fastest due to the rise in demand in the food and beverage industry.
Global Passion Fruit Peel Market Regional Insights:
Global Passion Fruit Peel Market 2
North America and Europe are anticipated to register the highest growth in the market during the forecast period due to an increase in the demand for passion fruit peel. Growth in the industrial development and increase in consumer awareness about usage of passion fruit peel for skin care and health has proven to be most opportunistic for regions market development. USA, Canada, Mexico are the leading nation in terms of consumption and import. In Europe, the demand for passion fruit peel is highest in pharmaceuticals to treat several chronic health issues.
The Asia Pacific and South America are anticipated to account for the fastest-growing region in the market during the forecast period because of increased use of passion fruit peel in skincare & cosmetics as well in the food industry for Rising in the demand for healthy, nutritious, functional, and processed food due to change in lifestyle & elevated per capita income of consumers. Passion Fruit Peel assists in preventing acidity problems through its autoxidation properties. India, Japan, China, and India contribute most to the region's market growth. In South America, demand for beverages is high especially among the young population France, England, and Germany contributed most to the region's market growth.
In the Middle East & Africa, increased awareness, knowledge and usage of passion fruit peel in biotechnology and animal feed driven the market growth. Moreover, an increase in agricultural investment for passion fruit cultivation will grow the market further. In food, it provides fiber and UAE and Qatar contributed most for the regions market development.
The objective of the report is to present a comprehensive analysis of the Global Passion Fruit Peel Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Passion Fruit Peel Market dynamics, structure by analyzing the market segments and project the Global Passion Fruit Peel Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Passion Fruit Peel Market make the report investor’s guide.
For More Information Visit @:
https://www.maximizemarketresearch.com/market-report/global-passion-fruit-peel-market/110778/
Global Passion Fruit Peel Market Scope: Inquire before buying
Global Passion Fruit Peel Market, by Region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
Global Passion Fruit Peel Market Key Players
• Pacific Pectin, Inc.,
• Cargill, Incorporated.,
• CP Kelco
• Great American Spice Company
• Pacific Pectin
• WillPowder
• Now Foods
• Kraft Heinz
• Danisco Ingredients USA Inc.,
• Naturex AG
• Herbstreith & Fox
• KG Pektin-Fabriken
• CEAMSA
This Report Is Submitted By : Maximize Market Research Company
Customization of the report:
Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
No comments:
Post a Comment