Product Code: PM3899
The global dragon fruit powder market size is expected to reach USD 20.03 billion by 2032, according to a new study by Polaris Market Research. The report "Dragon Fruit Powder Market Share, Size, Trends, Industry Analysis Report, By Source Type (Hylocereus guatemalensis, Hylocereus Polyrhizus, Others); By Application; By Distribution Channel; By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Dragon fruit is fibre-rich and helps to control blood sugar levels, preventing rapid increases that can be troublesome for those with diabetes. Consuming this fruit regularly can help patients with diabetes maintain a healthy blood sugar balance and lower their chance of developing new medical issues. A study published in MDPI in 2023 focused on the impact of adding dragon fruit peel powder to cookie dough. Results of the study witnessed an increase in the levels of antioxidant properties and reduced harmful substances like malondialdehyde in cookies. Ongoing research activities are revealing the importance of dragon fruit byproducts. This study signifies the importance of dragon fruit peel powder in improving the nutritional value of cookies without replacing taste or flavor. Growing research activities in applications of dragon fruit powder are fueling its demand in the coming years.
Growing research and development activities on dragon fruit powder are enhancing the global market with the latest technology of fruit conversion to powdered form. A recent study published in IOP Science focused on determining the possibility of making fruit powder using the red-fleshed dragon fruit's peel and pulp in combination with the spray drying technique. Results of the study noted the presence of a 15% maltodextrin concentration and a high betacyanin retention rate of 98.75% in the dragon fruit powder.
This study demonstrates the need for further research activities in building effective dragon fruit powder with higher nutritional content. Furthermore, COVID-19 fuelled the demand for higher nutritional fruits with a view to increasing immunity levels among the population. But the lockdown restricted people's access to the fruit and vegetable market. This gave consumers the opportunity to buy dragon fruit powder due to its ability to store for a longer duration compared to fresh fruits.
Dragon Fruit Powder Market Report Highlights
- Hylocereus polyrhizus segment is anticipated to witness the highest growth in the coming years due to its higher antioxidant properties.
- Food & Beverages segment accounted for the largest market share owing to rising health and wellness trends.
- Speciality Stores segment is projected to experience a larger revenue share due to the accumulation of various products at one place.
- APAC is projected to register the largest growth rate in the study period owing to growing government initiatives to promote dragon fruit production.
- The global players include: BR Ingredients, Dragon Fruit Bites, Dragon Fruit Powder, Dragon Herbs, Navitas Organics & Nutra Organics.
Polaris Market Research has segmented the dragon fruit powder market report based on source type, application, distribution channel and region:
Dragon Fruit Powder, Source Type Outlook (Revenue - USD Billion, 2019 - 2032)
- Hylocereus Guatemalensis
- Hylocereus Polyrhizus
- Others
Dragon Fruit Powder, Application Outlook (Revenue - USD Billion, 2019 - 2032)
- Cosmetics
- Pharmaceuticals
- Food & Beverages
- Others
Dragon Fruit Powder, Distribution Channel Outlook (Revenue - USD Billion, 2019 - 2032)
- Modern Trade
- Speciality Stores
- Others
Dragon Fruit Powder, Regional Outlook (Revenue - USD Billion, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Dragon Fruit Powder Market Insights
- 4.1. Dragon Fruit Powder Market - Distribution Channel Snapshot
- 4.2. Dragon Fruit Powder Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Dragon Fruit Powder is witnessing higher demand owing to the awareness of its nutritional benefits
- 4.2.1.2. Rising Vegan and Plant-Based Diets
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Limited Supply of Dragon Fruit
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Dragon Fruit Powder Market Distribution Channel Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Dragon Fruit Powder Market, by Source Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 5.3. Hylocereus Guatemalensis
- 5.3.1. Global Dragon Fruit Powder Market, by Hylocereus Guatemalensis, by Region, 2019-2032 (USD Billion)
- 5.4. Hylocereus Polyrhizus
- 5.4.1. Global Dragon Fruit Powder Market, by Hylocereus Polyrhizus, by Region, 2019-2032 (USD Billion)
- 5.5. Others
- 5.5.1. Global Dragon Fruit Powder Market, by Others, by Region, 2019-2032 (USD Billion)
6. Global Dragon Fruit Powder Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 6.3. Cosmetics
- 6.3.1. Global Dragon Fruit Powder Market, by Cosmetics, by Region, 2019-2032 (USD Billion)
- 6.4. Pharmaceuticals
- 6.4.1. Global Dragon Fruit Powder Market, by Pharmaceuticals, by Region, 2019-2032 (USD Billion)
- 6.5. Food & Beverages
- 6.5.1. Global Dragon Fruit Powder Market, by Food & Beverages, by Region, 2019-2032 (USD Billion)
- 6.6. Others
- 6.6.1. Global Dragon Fruit Powder Market, by Others, by Region, 2019-2032 (USD Billion)
7. Global Dragon Fruit Powder Market, by Distribution Channel
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 7.3. Supermarkets/Hypermarkets
- 7.3.1. Global Dragon Fruit Powder Market, by Supermarkets/Hypermarkets, By Region, 2019-2032 (USD Billion)
- 7.4. Brand Outlets
- 7.4.1. Global Dragon Fruit Powder Market, by Brand Outlets, By Region, 2019-2032 (USD Billion)
- 7.5. Online Stores
- 7.5.1. Global Dragon Fruit Powder Market, by Online Stores, By Region, 2019-2032 (USD Billion)
- 7.6. Factory Outlets
- 7.6.1. Global Dragon Fruit Powder Market, by Factory Outlets, By Region, 2019-2032 (USD Billion)
- 7.7. Others
- 7.7.1. Global Dragon Fruit Powder Market, by Others, By Region, 2019-2032 (USD Billion)
8. Global Dragon Fruit Powder Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Dragon Fruit Powder Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Dragon Fruit Powder Market - North America
- 8.3.1. North America: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.3. North America: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Dragon Fruit Powder Market - U.S.
- 8.3.4.1. U.S.: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Dragon Fruit Powder Market - Canada
- 8.3.5.1. Canada: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.4. Dragon Fruit Powder Market - Europe
- 8.4.1. Europe: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.3. Europe: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Dragon Fruit Powder Market - UK
- 8.4.4.1. UK: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Dragon Fruit Powder Market - France
- 8.4.5.1. France: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.5.3. France: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Dragon Fruit Powder Market - Germany
- 8.4.6.1. Germany: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Dragon Fruit Powder Market - Italy
- 8.4.7.1. Italy: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Dragon Fruit Powder Market - Spain
- 8.4.8.1. Spain: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Dragon Fruit Powder Market - Netherlands
- 8.4.9.1. Netherlands: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Dragon Fruit Powder Market - Russia
- 8.4.10.1. Russia: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.5. Dragon Fruit Powder Market - Asia Pacific
- 8.5.1. Asia Pacific: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Dragon Fruit Powder Market - China
- 8.5.4.1. China: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.4.3. China: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Dragon Fruit Powder Market - India
- 8.5.5.1. India: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.5.3. India: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Dragon Fruit Powder Market - Malaysia
- 8.5.6.1. Malaysia: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Dragon Fruit Powder Market - Japan
- 8.5.7.1. Japan: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Dragon Fruit Powder Market - Indonesia
- 8.5.8.1. Indonesia: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Dragon Fruit Powder Market - South Korea
- 8.5.9.1. South Korea: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.6. Dragon Fruit Powder Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Dragon Fruit Powder Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Dragon Fruit Powder Market - UAE
- 8.6.5.1. UAE: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Dragon Fruit Powder Market - Israel
- 8.6.6.1. Israel: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Dragon Fruit Powder Market - South Africa
- 8.6.7.1. South Africa: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.7. Dragon Fruit Powder Market - Latin America
- 8.7.1. Latin America: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Dragon Fruit Powder Market - Mexico
- 8.7.4.1. Mexico: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Dragon Fruit Powder Market - Brazil
- 8.7.5.1. Brazil: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Dragon Fruit Powder Market - Argentina
- 8.7.6.1. Argentina: Dragon Fruit Powder Market, by Source Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Dragon Fruit Powder Market, by Distribution Channel, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Dragon Fruit Powder Market, by Application, 2019-2032 (USD Billion)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. BR Ingredients
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Dragon Fruit Bites
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Dragon Fruit Powder
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Dragon Herbs
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. GreenFinity
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Hybrid Herbs
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Light Cellar
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Nature Restore
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Navitas Organics
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Nutra Organics
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Pitahaya Plus
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. SOL Organica
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development
- 10.13. Terrasoul Superfoods
- 10.13.1. Company Overview
- 10.13.2. Financial Performance
- 10.13.3. Product Benchmarking
- 10.13.4. Recent Development
- 10.14. Unicorn Superfoods
- 10.14.1. Company Overview
- 10.14.2. Financial Performance
- 10.14.3. Product Benchmarking
- 10.14.4. Recent Development
- 10.15. Wilderness Poets
- 10.15.1. Company Overview
- 10.15.2. Financial Performance
- 10.15.3. Product Benchmarking
- 10.15.4. Recent Development