Pomegranate Market Size, Share Global Analysis Report, 2019–2026

Industry Insights

According to the report published by Facts & Factors, the global Pomegranate market size was worth around USD 6200 million in 2019 and is predicted to grow around USD 11,240 million by 2026 with a compound annual growth rate (CAGR) of roughly 8% between 2020 and 2026.

This professional and specialized report study examines the technical and business perspective of the Pomegranate industry. The report provides a historical analysis of the industry as well as the projected trends expected to be witnessed in the Pomegranate market. The report study analyzes the market statistics at the global as well as the regional levels to gain an in-depth perspective of the overall global Pomegranate market. The historical insights are provided from 2016 to 2019 and projected trends are provided from 2020 to 2026. The quantitative data is provided in terms of both volume (Units) and value (USD Million) for 2016 – 2026. The qualitative data is reinforced by analyzing and providing numerous market dynamics (directly or indirectly affecting the industry) such as growth drivers, restraints, challenges, and opportunities.

We have included various industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Pomegranate market in our study.

Key Insights from Primary Research

• As per our primary respondents, the pomegranate market is set to grow annually at rate of around 8%
• It was established through primary research that the pomegranate market was valued at around USD 5,700 Million in 2018
• The “arils” category, on the basis of type segmentation, was the leading revenue generating category accounting for around USD 2,400 Million, in 2018
• On the basis of application segmentation, the “food industry”category was the leading one, generating revenue around USD 3,200 Million, in 2018
• APAC was the dominant region in 2018, with India generating maximum revenue of around USD 1,500 Million

Key Recommendations from Analysts

• As per our analysts, due to several benefits provided by pomegranate such as it could battle prostate cancer, heart healthy, and diabetes, this helped the target market growth.
• Growing at a CAGR around 8%, pomegranate market provides numerous opportunities for all of the involved stakeholders across the entire value chain
• Our analysts have identified “arils” and “food industry” categories as the leading investment pockets for pomegranate market in terms of type and application segmentations respectively
• APAC is anticipated to further enhance the target market by generating maximum revenue in 2026 as well.
• The pomegranate market is anticipated to generate about USD 11,240 Million revenue in 2026

Market Value Share, by Type; By End-User

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies adopted by various stakeholders involved in the entire value chain of the Pomegranate market. It also encompasses PESTLE analysis and SWOT analysis.

The report also offers an in-depth analysis of the market shares of each industry player and gives an outline of the market position of key players in the Pomegranate market. Moreover, the study offers wide coverage of key strategic advances witnessed in the market such as new product launches, acquisitions & mergers, collaborations & joint ventures, funding & VC activities, agreements, partnerships, R&D activities, and regional expansion of key players of the Pomegranate market.

Report Scope

The research study provides a critical assessment of the Pomegranate industry by logically segmenting the market on the basis of Type, Application, and regions. Based on the past, present, and future trends, all the segments were analyzed from the bottom up, and the market sizes have been estimated from 2020 to 2026. The regional segmentation of the Pomegranate industry includes the holistic bifurcation of all the five major continents including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Pomegranate is popular as its beneficiary for health-related issues. Pomegranate reduces the risk of heart-related issues. This is one of the factors for surging the target market growth. Furthermore, it can battle diabetes as well as, which has boosted the target market.  Apart from this, pomegranate is beneficial for prostate cancer, this is expected to propel the target market growth. Moreover, pomegranate is helpful in keeping one young. Hence, pharmaceutical and cosmetics industries use pomegranate for numerous beauty as well as medicines products. However, pomegranate may create gastric issues, which is expected to harm the target market growth.

The demand and price for pomegranate across the globe change drastically.  2018 was a rollercoaster year for pomegranate markets. The pomegranate market generated revenue of around USD 5,700 Million in 2018. This is expected to rise and generate revenue of USD 11,240 Million in 2026.

The Pomegranate market is segmented based on type and application.  On the basis of type segmentation, the market is classified as pomegranate powder, pomegranate juice concentrate, and arils. In terms of Application segmentation, the market is bifurcated as the food industry, cosmetics industry, and the pharmaceutical industry.

Some of the essential players operating in the Pomegranate market, but not restricted to include are

• Lakewood
• Minute Maid
• POM Wonderful
• Ocean Spray
• Jale
• Zolotoy Sad
• OrumNarin Company
• Sun SunShahd
• RW Knudsen Family
• Tropicana
• TTM Food
• Arvee

The taxonomy of the Pomegranate Market by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Pomegranate Juice Concentrate
• Pomegranate Powder
• Arils

By Application Segmentation Analysis

• Cosmetics Industry
• Food Industry
• Pharmaceutical Industry

Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of the Middle East & Africa

KEY BUSINESS POINTERS ADDRESSED & FOREMOST REASONS TO PROCURE THE REPORT:

• Statistical Analysis of the Past, Current, and Future Trends of the Industry with Validated Market Sizes Data
• Direct and Indirect Rationales Impacting the Industry
• In-depth and Micro Analysis of Viable Segments and Sub-segments
• Companies and Vendors Market Share, Competitive Landscape, and Player Positioning Analysis
• Demand Side (Consumption) and Supply Side (Production) Perspective and Analysis wherever applicable
• Key Buyers and End-Users Analysis
• Value Chain and Manufacturing Cost Structure Analysis wherever relevant
• Key Marketing Strategies as well as Key Sales Channels adopted in the market
• Investment Opportunity Analysis & Patents Analysis wherever feasible
• Technological Road Map & Technical Analysis
• Robust Research Methodology comprising dynamic mix (65%~35%) of Extensive Primary Research (primary interviews, ad-hoc surveys, questionnaires) and Protracted Secondary Research (proprietary in-house database, paid external databases, publically available validated sources)