Global De-Ionized Pineapple
Concentrate Market size will experience a significant growth in the forecast
period owing to its multiple benefits in various products. It is extensively
used in end-use industries such as pharmaceuticals and food & beverages.
The concentrate is formulated by
the process of reverse osmosis, that removes water in desired proportion from
pineapples. It is widely adopted amongst consumers due to its health benefits.
Numerous benefits offered by the product include rich nutrient content,
additive free nature and longer shelf life as compared to normal juice.
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It is also rich in manganese, vitamin
C, and vitamin B6 that help in fighting flu, high blood pressure, cold, and
bronchitis. Additionally, it is consumed in ayurvedic medicines owing to its
medicinal advantages. U.S. healthcare industry grew by 5.5% in 2015 as compared
to its previous year in terms of revenue. Rising regional healthcare industry
will drive de-ionized pineapple concentrate market owing to its applications in
curing vital diseases.
Processed food consumes
artificial sweeteners such as fruit juice concentrates of pear, apple,
pineapple, and wine grape, as they are easy to use in food manufacturing
process. Health conscious consumers often prefer these sweetened products
rather than corn syrup and sugar products. Further, there is an image amongst
consumers that fruit juice related products are healthier. These factors have
propelled the demand for natural, supplements, and organic food products, which
in turn will flourish de-ionized pineapple concentrate market in near future.
Macroeconomic factors such as
changing consumer lifestyle, increasing urbanization and growing purchase power
parity has given rise to consumption of packaged food. To cater this market of
packaged food, manufacturers are increasing the usage of de-ionized pineapple
concentrate in various packaging products for taste as well as substitute of
sugar. Global packaged food market is anticipated to grow at a fast pace, which
is expected to complement de-ionized pineapple concentrate market in the
forecast timeframe.
To convert the fruit juice
concentrate into a sweetener, it must go through an expensive and lengthy
process known as stripping. In this method everything such as flavor, color,
minerals, and vitamins are stripped out of the juice. This makes it a bit
costlier than its counterparts and can hinder global de-ionized pineapple
concentrate.
The product is available in
liquid and powder form. Various applications of the product include sweetener
and medicines. End-user industries that serve these applications are food &
beverages, Ayurveda and pharmaceuticals.
North America is likely to
witness significant gains in global de-ionized pineapple concentrate market in
forecast period owing to its ever-increasing food industry. U.S. food industry
is projected to grow at a decent rate. The concentrate is used in the food
products as an artificial sweetener. Asia Pacific follows the consumption
pattern of North America in the market as it has booming ayurvedic industry in
India. Health conscious consumers are switching towards ayurvedic medicines
from pharmaceutical drugs as the former has organic and natural
characteristics.
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Europe had registered substantial
growth in de-ionized pineapple concentrate market because of its widening
pharmaceutical industry. The region is a base for large number of
pharmaceutical industries such as Alexion, AstraZeneca, Baxter, Bayer Ag, Purna
Pharmaceuticals, and Uni-Pharma. These drug manufacturers utilize pineapple
concentrate for its health benefits. Latin America and Middle East & Africa
are at nascent stage in the market which is projected to witness robust growth
in the coming years. The growth will be from the flourishing food &
beverage industry owing to boost in tourism sector.
Prominent manufacturers in the
market include Xiamen Dachuan Technology Ltd, Prime Products Industry Co., Ltd,
Tianjin Kunyu International Co., Ltd, Novagreen industries corporation, Herb
Barber & Sons Food Broker Inc, Can and con corporation, Thai pineapple
canning industry crop Ltd, Mongkolkit industry co.ltd, Kunyu Industrial Co.
Ltd, and Fruit Juice Concentrates Co.
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