MarketResearch.biz announces publication of its most recently generated research report titled, “Global Pomegranate Market by Type (Pomegranate Powder, Pomegranate Juice Concentration), by Application (Food Industry, Cosmetics Industry, Pharmaceutical Industry) and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa). Global Forecast to 2028.”, which offers a holistic view of the pomegranate market through systematic segmentation that covers every aspect of the target market. The first five-year cumulative revenue (2019–2023) is projected to be nearly US$ 5 Bn, which is expected to increase relatively over the latter part of the five-year forecast period.
Pomegranates are versatile and unique fruit having incredible health benefits for the human body. pomegranates are identified as a good source of vitamins, especially Vitamin A, C, and E, and it has anti-viral, anti-oxidant and anti-tumor properties. Pomegranates can also come in the form of juices, oils, capsules, powder and in topical beauty treatments. It helps to keep blood pressure, helps to reduce diabetes, protect arteries and heart, and fight against the prostate cancer cells growth.
Browse the full “Pomegranate Market By Type (Pomegranate Powder, Pomegranate Juice Concentration), By Application (Food Industry, Cosmetics Industry, Pharmaceutical Industry), and Region – Global Forecast to 2028” report at https://marketresearch.biz/report/pomegranate-market/
Global Pomegranate Market: Dynamics
Major factor expected to drive growth of the global pomegranate market is rising demand for pomegranate in cosmetic, food, and pharmaceutical sectors across the globe. In addition, increasing health awareness among consumers, rising adoption of organic food, and rising disposable income are other factors expected to fuel growth of the global market. presence of anti-oxidant, anti-tumor, and anti-viral properties of pomegranate is another factor that supports the market growth.
However, increases risk to the persons having high sugar level, and low blood pressure, coupled with increased chances of adverse reactions with some medications, are major factors that could hamper growth of the global market.
increased demand for fresh fruit or derived products of pomegranates across the globe is a key trend observed in the market and is expected to boost growth of the global market.
Moreover, increasing new product launches and rising R&D activities to expand pomegranate market in developed and developing countries are some of the factors expected to create growth opportunities for players operating in the market.
Global Pomegranate Market: Market Forecast
The comprehensive research report comprises a complete forecast of the global pomegranate market based on factors affecting the market and their impact in the foreseeable future. According to the forecast projections, revenue from the global pomegranate market is expected to register a CAGR of 5.4% over the forecast period.
Global Pomegranate Market: Segmental Snapshot
The market report has been segmented on the basis of type, application, and region. The type segment includes pomegranate powder and pomegranate juice concentration. The application segment includes food industry, cosmetic industry, and pharmaceutical industry. The region includes North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Type: The pomegranate powder type segment is expected to register major CAGR of over 4.8% in the global market
By Application: The pharmaceutical industry segment is expected to register significant CAGR of over 5.7%
By Region: The market in Europe is expected to register the highest CAGR of over 5.4% in the global pomegranate market
Global Pomegranate Market: Competitive Analysis
The research report on the global pomegranate market includes profiles of some of the major companies such as Wonderful Company LLC, Lakewood, THE COCA-COLA Company, PepsiCo, GRANTE, TTM Food, Rasanco Limited, Ocean Spray Cranberries, Milne Fruit Products, and Ingredion Incorporated.
The Global Pomegranate Market: Global Industry, Size, Share, Growth, Trends, and Forecast, 2019–2028 report has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the present scenario and the growth prospects of the global pomegranate market for 2018–2028.
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