Processed Mango Products Market Size
The global Processed Mango Products market size was valued at $24.42 billion in 2023 and is projected to reach $38.99 billion by 2029, growing at a CAGR of 8.1% during the forecast period.
Processed Mango Products Market Dynamics
• As consumers are becoming more health conscious, they are choosing organic mango products over chemical products. This factor is expected to drive the growth of the global processed mango products market.
• Additionally, technology creates new opportunities for the processed mango product market. For instance, the use of ultra-high-density planting technology is used for cultivating more mango trees. This may boost the productivity of processed mangoes to meet the demand all over the globe.
• On the flip side, the lack of mangoes for processing in a particular season is a major restraining factor for the growth of the processed mango products market.
Processed Mango Products Market Overview
Mango is known as the "king of fruit’’, has a fascinating global presence, and is often found to be high value. It’s processed into many different products which are consumed all around the world. It is a low-calorie fruit that is high in fiber and is a rich source of vitamins A and C. Similarly, the processed mango products market is also rising and has massive potential to grow exponentially over the coming years. The rising modernization and urbanization among consumers have led to an augment in the popularity of processed mango products across the globe.
By Product, the Major Market Share is Held by Secondary Segment
By adding value to the product and merging it with other ingredients to primary processed mango products to attain texture and nutritional properties, as per norms of regulatory bodies are known as secondary processed mango products. Fruit-based cosmetics containing fruit extracts, jams, juices, fruit bars, candies, jellies, pickles, and are the major secondary products. Significant beverage manufacturers have commenced mango-based drinks to increase product offerings. Moreover, raw mangoes are also used to produce products like pickles and chutneys. These condimental products are increasingly becoming popular by increasing their demand, owing to their taste and long shelf-life, contributing to the segment growth.
By Geography, Asia Pacific Holds the Largest Market Share
Asia Pacific region holds the largest market share in the global marketplace. The production of mango is abundant in this region. Asia Pacific is witnessed as the major producer of processed mango products, which are exported to various developed countries such as the U.S., Germany, and Russia. Countries such as India and China are majorly contributing to the total production and exports in the region.
A list of the Key Players Profiled in the Market Includes:
• Jain Irrigation Systems Ltd.
• Food & Inns Ltd.
• Keventer Agro Ltd.
• Agrana Group
• Freshmax Group
• 7D Mangoes
• Allanasons Private Ltd.
• Varadaraja Foods Private Limited
• Capricorn Food Products India Ltd.
• Del Monte Foods
• Tricom Fruit Products Limited
• Manbulloo Limited
• Sunrise Naturals
• ABC Fruits
What Can be Explored with this Research Report:
• Understand the key trends that will drive the market and, the challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observe promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Global Processed Mango Products Market by, Product
• Primary
• Secondary
Global Processed Mango Products Market by, Distribution Channel
• Online
• Offline
Global Processed Mango Products Market by, Geography
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Rising health consciousness among consumers
4.1.2 Increasing consumption of mango products all over the globe
4.2 Market Restraints
4.2.1 Lack of mangoes for processing in a particular season
4.3 Market Opportunities
4.3.1 Adoption of new technologies in the market
4.4 Market Challanges
4.4.1 Fluctuating prices of mangoes
4.5 Impact of COVID-19 on Processed Mango Products Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Processed Mango Products Market by, Product
6.1 Overview
6.2 Primary
6.3 Secondary
7 Global Processed Mango Products Market by, Distribution Channel
7.1 Overview
7.2 Online
7.3 Offline
8 Global Processed Mango Products Market by, Geography
8.1 Overview
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Key Developments
10 Company Profiling
10.1 Jain Irrigation Systems Ltd.
10.1.1 Business Overview
10.1.2 Product/Service Offering
10.1.3 Financial Overview
10.1.4 SWOT Analysis
10.1.5 Key Activities
10.2 Food & Inns Ltd.
10.3 Keventer Agro Ltd.
10.4 Agrana Group
10.5 Freshmax Group
10.6 7D Mangoes
10.7 Allanasons Private Ltd.
10.8 Varadaraja Foods Private Limited
10.9 Capricorn Food Products India Ltd.
10.10 Del Monte Foods
10.11 Tricom Fruit Products Limited
10.12 Manbulloo Limited
10.13 Sunrise Naturals
10.14 ABC Fruits
Report Details
SKU Code | : DI2001 |
Industry | : Food & Beverages |
Region | : Global |
Tables | : 72 |
Format | : Electronic PDF |
Published | : 2023 |
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