The global durian powder market size is anticipated to reach USD 642.4 Million in 2032 and exhibit astonishing growth at a CAGR of 10.1% in the forecast period from 2022 to 2032.
Increasing awareness about various health benefits of durian, including maintenance of blood sugar levels and antidepressants is likely to expand the durian powder market share.
The global durian powder market is projected to be valued at USD 287.9 Million in 2022, finds FMI in its study. As durian is considered to be a rich source of iron, potassium, vitamin B complex, dietary fiber, and vitamin C, it is set to gain impetus in the global market.
Report Attribute | Details |
---|---|
Durian Powder Market Estimated Base Year Value (2021) | USD 150.4 Million |
Durian Powder Market Expected Market Value (2022) | USD 287.9 Million |
Durian Powder Market Anticipated Forecast Value (2032) | USD 642.4 Million |
Durian Powder Market Projected Growth Rate (2022 to 2032) | 10.1% CAGR |
Durian powder is derived from durian, an edible fruit of several tree species belonging to the Durio genus. Durians are frozen, dried, and then grounded into the powdered form, which often measures between 40 mesh and 60 mesh.
Sales of durian powder are set to surge in the assessment period owing to its possession of dietary fiber, which helps in enhancing the functions of various systems in one’s body.
Increasing demand for durian-based products among the geriatric population to maintain their heart health is another factor that would enable growth. The rising focus of companies on the expansion of their online distribution channels is also expected to aid growth.
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High demand for durian-flavored bakery and confectionery products, especially in Singapore, Thailand, China, and Malaysia is projected to foster the global durian powder market growth during the forthcoming years.
In September 2020, for instance, Cadbury Dairy Milk re-launched Cadbury Dairy Milk Durian, the most popular localized limited-edition flavor in the Malaysian market. The famous chocolatier aimed to pay homage to Malaysian cultures and flavors, following the success of Cadbury Dairy Milk Durian back in August 2020.
Similarly, in September 2021, Fann Wong, an acclaimed actress based in Singapore, introduced Fantasy, her new online pastry shop after months of trial and error experimentation.
She is offering two innovative whole tarts, namely, Signature Valrhona Chocolate Tart (USD 58) and Musang King Gula Melaka Tart (USD 68). The launch of similar unique products infused with durian powder is expected to aid growth.
Even though durians do not contain any fats or cholesterol, these fruits are very high in calories. At the same time, these are high in sugars, such as glucose and fructose. People suffering from diabetes may experience a surge in their blood sugar levels if consumed excessively.
The high sugar content can also lead to symptoms, such as nausea and blurry vision in diabetic patients. In addition, as durians have a warming property, increasing consumption can cause constipation, mouth ulcers, and sore throat. These disadvantages of durian may hamper sales of durian powder in future years.
Asia Pacific is considered to be the largest consumer and producer of durians in the world, mentions FMI. High demand for the Malaysian Musang King variety owing to its creamy texture across China, Japan, Singapore, Thailand, and Malaysia is a crucial factor that is anticipated to spur the demand for durian powder in the Asia Pacific.
Surging demand for Mon Thong in China and increasing import and export activities of products derived from durian are likely to spur the regional market. As per the China International Import Expo, the country has imported 821,500 metric tons of durian in 2021 from 224,400 metric tons in 2017.
About 90% of durians imported by China were from Thailand. These numbers are likely to surge at a fast pace, thereby pushing the need for durian powder in Asia Pacific.
Increasing sales of durian powder for usage as a flavoring agent in the food industry is projected to drive the North American market. The surging interest of consumers towards experimentation with various food items and the inclusion of exotic flavors, especially in the USA and Canada is also anticipated to bode well for the North American market.
Increasing usage of durian powder-based pastes in various food items, such as biscuits, jams, desserts, juices, chocolates, pastries, chips, cakes, candies, and ice creams is likely to spur the regional market. The high demand for durian-flavored milk, tea, and coffee among the millennial population is another major factor that would push growth in North America.
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Some of the prominent players operating in the global durian powder market include Sunshine International, TanTan Food, Thai Foods International, Naturalin, Siam Oriental Food and Beverage, THAI AO CHI FRUITS, and Jinhua Huayang Foods among others.
Key players in the market are focusing on experimenting with the adoption of traceability systems across their supply chains. They are doing so to ensure customers regarding the sustainability and quality of their products.
Some of the other companies are joining hands with local players in the Asia Pacific to enhance their supply chains by using traceability systems, including tracing, tracking, and tagging durians and other products associated with them.
Report Attribute | Details |
---|---|
Growth Rate | CAGR of 10.1% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015 to 2020 |
Forecast Period | 2022 to 2032 |
Quantitative Units | Revenue in USD Million, Volume in Kilotons, and CAGR from 2022 to 2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
End Use, Distribution Channel, Region |
Regions Covered |
North America; Latin America; Western Europe; Eastern Europe; Asia Pacific Excluding Japan; Japan; Middle East and Africa |
Key Countries Profiled | USA, Canada, Brazil, Argentina, Germany, United Kingdom, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASIAN, GCC Countries, South Africa |
Key Companies Profiled |
Sunshine International; TanTan Food; Thai Foods International; Naturalin; Siam Oriental Food and Beverage; THAI AO CHI FRUITS; Jinhua Huayang Foods |
Customization | Available Upon Request |
The global durian powder market is set to surpass USD 642.4 Million in 2032.
Asia Pacific is set to lead the durian powder market in the forecast period.
Sunshine International, TanTan Food, Thai Foods International, Naturalin, Siam Oriental Food and Beverage, THAI AO CHI FRUITS, and Jinhua Huayang Foods are some of the renowned companies in the durian powder market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By End Use 5.1. Desserts & Ice-creams 5.2. Soft Drinks 5.3. Bakery 5.4. Confectionery 5.5. Snacks 5.6. Powder Premixes 5.7. Others 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Distribution Channel 6.1. Hypermarkets & Supermarkets 6.2. Online Channel 6.3. Convenience Stores 6.4. Departmental Stores 6.5. Indirect Sales 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. Middle East and Africa 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Key Countries Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Jinhua Huayang Foods Co., Ltd. 15.1.2. Thai Foods Product International Co., Ltd. 15.1.3. THAI AO CHI FRUITS CO., LTD. 15.1.4. Xi'an Asclepius Bio-Tech Co., Ltd. 15.1.5. Sunshine International Co., Ltd. 15.1.6. Siam Oriental Food and Beverage Co. 15.1.7. TanTan Food 15.1.8. Naturalin 16. Assumptions & Acronyms Used 17. Research Methodology
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