This report provides exclusive insights into the COVID-19 impact on the Guanabana Market. The detailed analysis provides information about the impact of the outbreak on the demand and supply conditions, trends and forecasts of the Guanabana Market. Moreover, the impact analysis covers the study of the COVID-19 on the supply chain of Guanabana Market. The sectoral impact shall provide insights into both short term and long term effects of the pandemic on the related and support industries.
A recent report published by Infinium Global Research on the guanabana market provides in-depth analysis of segments and sub-segments in the
global as well as regional guanabana market. The study also highlights the
impact of drivers, restraints, and macro indicators on the global and regional
guanabana market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of the global
guanabana market. According to the report, the global guanabana market is
projected to grow at a CAGR of 10.9% over the forecast period of 2019-2025.
Guanabana is a large, crooked heart-shaped fruit having
small spike-like protrusions. It has dark-green skin and it turns
yellowish-green when ripe. Guanabana is known as the Graviola or the
Soursop. Various parts of the guanabana
tree are used in the medical sector to treat ailments such as asthma, heart
disease, liver problems, and arthritis.
The rising use of guanabana to fight against bacterial and
fungal infections drives the growth of the guanabana market. This fruit is a
natural remedy against cancerous cells. Additionally, it is effective in
lowering high blood pressure and aiding depression, nervous disorders, and
stress. The rise in demand for guanabana in making sweet beverages stimulates
the growth of the guanabana market. This fruit is also ideal for processing and
preservation. The juice made from the pulp of guanabana is used to make
ice-creams, mousse, sorbets, and custards. It is mixed with alcohol to make a
cocktail. The pulp of guanabana is frozen and eaten and also used to create
syrups, jellies, and nectar. Manufacturers are focusing on making the guanabana
drinks gluten-free and vegan. The rising efforts of companies in the guanabana
market to introduce natural ingredients to have a positive impact on market
growth. Further, the increasing demand for lemonade gourmets is one of the
factors leading to the growth of the guanabana market. The rising awareness
about the guanabana encourages cafes and restaurants to innovate and experiment
with new flavors and recipes in beverages that involve guanabana. Additionally,
the high market competitiveness and increasing interest in health-related
products are leveraging the demand for clean label functional ice cream
products. The companies are adopting various innovative production technologies
that bolster the adoption of ice creams containing guanabana. The growing
prominence of guanabana in dairy products led to the expansion of the guanabana
market. High dietary fiber, intense color, and exotic flavor of guanabana are
grabbing the attention of dairy producers. On the flip side, the shorter shelf
life of guanabana hampers the growth of the market. Moreover, various new
product launches with guanabana create several growth opportunities in the
global guanabana market.
Geographically, the global guanabana market is divided into
North America, Asia-Pacific, Europe, and the Rest of the World. North America
is anticipated to hold a dominant share in the global guanabana market. The
demand for guanabana in their fresh state and surge in demand for frozen pulp
form or guanabana juice in North America drives the growth of the guanabana
market in the region. Asia-Pacific region is expected to have healthy CAGR in
the global guanabana market over the forecast period. The availability of
guanabana in the high-quality state with the best price in countries such as
China led to the expansion of the guanabana market in Asia-Pacific. Europe has
significant growth opportunities in the global guanabana market owing to the
rise in demand for the products with guanabana.
The report on global guanabana market covers segments such
as form, end-use, and distribution channel. On the basis of form, the
sub-markets include raw, and processed. On the basis of end-use, the
sub-markets include cosmetics and personal care, food processing industry,
nutraceuticals/ pharmaceuticals, household/retail, and other end-users. On the
basis of distribution channel, the sub-markets include independent grocery
stores, hypermarket/ supermarkets, direct selling, and other channels.
The report provides profiles of the companies in the market
such as Now Health Group Inc., Goya Foods, Inc., Jumex Group, Sunshine
Naturals, Frutco AG, Flavorah FLV, Austrofood Cia Ltda., Amelia Organic
Products, Murugan Pharmacy, Specialty Produce, and Other companies.
The report provides deep insights into the demand forecasts,
market trends, and micro and macro indicators. In addition, this report
provides insights into the factors that are driving and restraining the growth
in this market. Moreover, The IGR-Growth Matrix analysis given in the report
brings an insight into the investment areas that existing or new market players
can consider. The report provides insights into the market using analytical tools
such as Porter's five forces analysis and DRO analysis of the guanabana market.
Moreover, the study highlights current market trends and provides forecast from
2019-2025. We also have highlighted future trends in the market that will
affect the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share
of the leading players.