Dragon Fruit Seeds: Market Introduction
Food and beverage industry is witnessing considerable amount of growth in different regions across the world. Therefore it is creating huge demand for dragon fruit seeds for number of applications as dragon fruit seed is rich source of magnesium and fiber which are very essential for human body.
Along with that, dragon fruit seeds also contain low calorie content making it more effective to add the nutritional value to the human body system. Furthermore, dragon fruit seeds provide various antioxidants such as betalains, hydrocinnamates and flavonoids which proves to be very effective to increase the immunity level and protects the human body from various diseases.
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In addition to this, dragon fruit seeds offer different applications in food and beverage industry as well. Dragon fruit seed is used to flavor the juices and alcoholic beverages. Also, the oil can be extracted from the dragon fruit seed. This oil contains types of acids such as fatty acids, linoleic acid and linolenic acid which are used in the diet.
Considering the all the applications of dragon fruit seed in different industry such as food and beverage and the high nutritional value, dragon fruit seed is opening up numerous market opportunities for dragon fruit based products over the forecast period (2020-2030).
Global Dragon Fruit Seed Market is Experiencing Mixed results as COVID-19 Outbreak Medication
COVID-19 has affected many industries such as food and beverage and manufacturing. Governments of many countries have imposed a lockdown as a result of which industries are dealing with the problems such as halted production activity and disrupted supply chain. These factors have also impacted the dragon fruit seed market in positive as well as in negative ways.
As, the dragon fruit seed contains high nutritional value and it is also the rich source of magnesium and fiber, the demand of the dragon fruit seed has increased during the lockdown period as well. But, the movement and supply of the dragon fruit based products has been affected because of the supply chain disruption. Due to this, the dragon fruit seed market growth has declined because of COVID-19 outbreak.
Segmentation analysis of Global Dragon Fruit Seed Market
Global dragon fruit seed market is bifurcated into four major categories: type of acid, End use, distribution channel and region.
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On the basis of type of acid, the global market for dragon fruit seedis categorized as:
- fatty acid
- linoleic acid
- linolenic acid
On the basis of End use, the global market for dragon fruit seed is categorized as:
- Food and beverage
On the basis of sales channel, the global market for dragon fruit seedis categorized as:
- Modern Trade Channel
- Traditional Grocery Store
- Conventional Store
- Online Channels
- Other Retail Formats
- Direct Sales
Based on the region, the global market for siding is segmented as:
- North America
- Latin America
- East Asia
- South Asia
- Middle East & Africa
Dragon fruit seed Market: Regional Outlook
North America countries such as Mexico dominate the dragon fruit seed as Southern Mexico is the origin of the fruit. Therefore, this region is considered as an important region for the growth of dragon fruit seed market. Because of the growth of food and beverage industry, U.S is expected to be the key region which will drive the growth of the market.
Furthermore, the income level of people in Asia- Pacific countries like China and India is increasing. Therefore, they are moving towards the diet which is highly nutritional. Therefore, the demand for dragon fruit seed is expected to rise in the Asia-pacific region by which the growth of the market could be observed.
Key players of Dragon Fruit Seed Market are focusing on Innovation and Increase in production capacity
Delta Fruits a U.S based dragon fruit seed producing company has grown considerably over the years as a result of increasing use and different advantages of dragon fruit seed. The company has a R&D team which is constantly trying to find the solutions which will increase the productivity so that customer demand can be met.
Other key players in the Dragon fruit seed market includes MC Fooddlst LLC, Shanghai Genyond Technology Co., Ltd., Hunan New Mstar Biotechnology Co., Ltd., Suzhou Labelong Packaging Machinery Co., Ltd., Xi’an Qingshuo Import and Export Trade Co., Ltd., Guangxi Nanning Viet Drink Import & Export Trading Co., and Qingdao Vital Nutraceutical Ingredients Bioscience Co.
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