Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report ongoing study by
Infinium Global Research on the mangosteen market provides in-depth analysis of
segments and sub-segments in the global as well as regional mangosteen market.
The study also highlights the impact of drivers, restraints, and macro
indicators on the global and regional mangosteen 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 mangosteen market. According to the
report, the global mangosteen market is projected to grow at a healthy CAGR over the forecast period of
2021-2027.
Mangosteen is a rare fruit and is considered
one of the most sought-after fruits in the world. Mangosteen is a tree that has
a scientific name is Garcinia mangostana, and it is originated in Indonesia.
Currently, the mangosteen is grown in many areas in Southeast Asia, such as
Thailand, the Philippines, Malaysia, Sri Lanka, India, and some parts of
Africa. Furthermore, the mangosteen is a shallow temperature fruit and can die
at 0 degrees Celsius; hence it is unfamiliar to the rest of the continents
where the standard climate is cold. Moreover, mangosteen contains
disease-fighting phytochemicals and antioxidants. The people consider it an
ideal fruit for fresh consumption and refer to it as the fruit of the gods or
the queen of fruits because of its exclusivity. Additionally, the mangosteen market
is expected to flourish in the coming years due to the healthy growth shown by
the natural ingredient market. Also, consumers are demanding exotic fruits
globally, and the market is expected to grow in the coming years.
There are several medical benefits
that the mangosteen offers, like regulating blood pressure and heart rate,
preventing inflammation, improving digestion, treating acne and other skin
diseases, maintaining a healthy weight, strengthening the immune system, and
others due to the presence of xanthones, potassium, complex vitamins, proteins,
and several other vital nutrients. Therefore, there is a massive demand for
mangosteen products in the medical industry which can drive the growth of the
mangosteen market. Furthermore, in the nutraceutical sector, a study has been
conducted and found a positive output of natural ingredients. Hence, a
significant demand from the mangosteen market can be expected. Moreover, some
various properties of mangosteen products make it an ideal outcome, due to
which the market has significant potential to grow shortly. However, the mangosteen has a concise shelf
life, due to which most retailers require overnight shipping. This becomes one
of the prime drawbacks, hampering the market’s growth since the products become
very expensive to end-users due to their short shelf life. Nevertheless, due to
the increasing trend of the internet of things (IoT), a higher volume of
mangosteen products are sold online than that in specialty stores or
convenience stores. Hence, an increasing number of smartphones user can be an
excellent opportunity for the mangosteen market due to the convenience of
purchasing products at the touch of the screen.
The Asia Pacific is expected to
generate the largest revenue during the forecast period and dominate the
market. Due to the presence of countries like China, India, Malaysia, and
Indonesia, which are the major national markets holding a significant revenue
share, the market in the region is expected to grow. For instance, the
international trade center’s data shows that imports of mango, guava, and
mangosteen from Vietnam to the Russian market went up sharply in the 2016-2020
period. Furthermore, there is a significant amount of importation of mangoes,
guavas, and mangosteens from Peru to Russia in January 2021. Hence the Russian
mangosteen market is expected to reach new heights in the upcoming future since
Russia imported 69.4 percent of the total import volume. Moreover, in India,
Kerala is a leading mangosteen producer, followed by Tamil Nadu, due to which
the market is being grown at 1000 tons. Also, an estimated 200 tons of
mangosteen is produced in Pollachi, Upper Palani hills, and Coonoor, and
Karnataka comes third on the list.
The report on global mangosteen
market covers segments such as form, application, end user, and distribution
channel. On the basis of form, the sub-markets include solid, liquid, gel, and
powder. On the basis of application, the sub-markets include food &
beverages, nutraceutical, pharmaceutical, and cosmetics. On the basis of end
user, the sub-markets include retail, and industrial. On the basis of
distribution channel, the sub-markets include specialty store, online retail,
supermarket/hypermarket, and others.
The report provides profiles of
the companies in the market such as DBC, LLC, and Nature’s Sunshine Products,
Inc., Royalty Health, Genesis Today, Lakewood Juice Company, Vemma, Mangosteen
Dietary Supplements, and Others.
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 mangosteen market. Moreover, the study highlights current market
trends and provides forecast from 2021-2027. 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.
Please Choose One of them.