The global pineapple powder market is expected to grow at a healthy CAGR of 7.1% in terms of value during the forecast period. Study provides some vital insights along with forecasting factors of the global pineapple powder market.
Pineapple is a popular tropical fruit with high concentrations of antioxidants and vitamin C. Pineapple powder is a yellowish free-flowing powder obtained after the further processing of pineapple juice. Pineapple powder has a typical flavor, taste, and nutritive value. Pineapple powder contains a fruit enzyme called ‘bromelain’, which offers various health benefits to humans. Pineapple powder is used in the manufacturing and processing of food products such as supplements, infant food, bakery & confectionery products, convenience food, dairy products, pet food, etc., due to its flavor and nutritional offerings.
The increasing demand for food additives that add to the nutritional value as well as provide a tangy flavor is one of the major factors driving the growth of the pineapple powder market. Moreover, longer shelf life, and ease of transport and use are some other important drivers of the global pineapple powder market. However, high cost and erratic supply and quality of raw materials are some of the factors that are hindering the pineapple powder market from reaching its full potential.