Soursop/Guanabana Market - Forecast(2024 - 2030)

Report Code: FBR 0608 Report Format: PDF + Excel

Soursop/Guanabana Market Overview:

The Soursop/Guanabana Market size is estimated to reach USD $150 million by 2030, growing at a CAGR of 11% during the forecast period 2023-2030. Soursop is believed to have several health benefits. It is rich in vitamins C and B, fiber, and antioxidants. Additionally, it is thought to have anti-inflammatory properties and may improve digestion and boost the immune system. The soursop market faces some challenges, including post-harvest losses, perishability, and transportation issues. The fruit's delicate nature makes it susceptible to bruising and spoilage, requiring careful handling and efficient distribution networks.

The demand for soursop has been steadily growing in recent years due to its unique taste and potential health benefits. Consumers are becoming more aware of the fruit's nutritional value and are actively seeking it out. Soursop is primarily grown in tropical regions such as Central and South America, the Caribbean, and Southeast Asia. The fruit thrives in warm climates and requires well-drained soil. It is often cultivated by small-scale farmers. Soursop season varies depending on the region, but in general, it is available year-round due to global trade networks. Some countries have specific seasons for soursop, which can create fluctuations in supply and prices.

Soursop is distributed through various marketing channels, including local markets, grocery stores, and online platforms. It is often sold as a fresh fruit, but it can also be found in processed forms such as juices, ice creams, and jams. Soursop has gained popularity in international markets due to its unique flavor. Countries known for exporting soursop include Colombia, Brazil, Mexico, and the Philippines. These countries benefit from the demand for soursop overseas, primarily in North America and Europe.

Market Snapshot:

Soursop/Guanabana Market    - Report Coverage:

The “Soursop/Guanabana Market Report - Forecast (2023-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Soursop/Guanabana Market.

Attribute

Segment


By Cultivation Type

  • Conventional Cultivation

  •  Organic Cultivation

  • Hybrid Cultivation

  • Hydroponic and Greenhouse Cultivation

  • Others

By Form

  • Raw

  • Processed

  • Others


By Distribution Channel

  • Supermarkets and Hypermarkets

  • Specialty Food Stores

  • Health Food Stores

  • Online Retail and E-commerce Platforms


By End Use

  • Beverages

  • Desserts and Confectionery

  • Frozen Products

  • Savory Dishes

  • Natural and Organic Products

 

 

 By Geography

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe),

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific),

  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

  • Rest of the World (Middle East and Africa)

Soursop/Guanabana Market - Top Trends:

Health and Wellness Boom: The growing interest in health and wellness has been a significant driver for the soursop market. Consumers are seeking natural and functional foods like soursop due to its potential health benefits, including its reported anticancer and anti-inflammatory properties.

Functional Food and Beverage Products: Soursop is increasingly being incorporated into functional food and beverage products. These include soursop juices, smoothies, teas, and dietary supplements. The functional aspect is often linked to its perceived health benefits.

Clean Label Products: Consumers are becoming more conscious of the ingredients in the products they consume. Clean label soursop products, which contain minimal additives and preservatives, are gaining popularity.

Sustainable Sourcing: Sustainability and ethical sourcing practices are becoming essential in the soursop market. Consumers are looking for products sourced from environmentally responsible and socially conscious suppliers.

Organic Soursop: The demand for organic soursop products is on the rise. Consumers are willing to pay a premium for organically grown soursop due to concerns about pesticide residues and environmental impact. 

Innovative Culinary Applications: Chefs and food manufacturers are exploring innovative ways to incorporate soursop into various culinary applications. This includes soursop-flavored desserts, sauces, and even savory dishes.

Soursop/Guanabana Market - Company Product Analysis

Goya Foods: Goya Foods, a well-known Hispanic food brand, offers a range of soursop products, including canned soursop pulp, nectar, and frozen pulp. They also provide soursop recipes on their website, encouraging consumers to incorporate soursop into their cooking. 

Dynamic Health Laboratories: Dynamic Health is known for its soursop-based dietary supplements, particularly soursop capsules and liquid extracts. These products are often marketed for their potential health benefits.

Tropic Sun Supermarket: Tropic Sun is a supermarket chain that specializes in Caribbean and tropical products. They typically stock fresh soursop fruit, frozen soursop pulp, soursop nectar, and occasionally soursop ice cream or desserts.

Native Forest: Native Forest offers canned organic soursop pulp. Their products are known for their organic certification and commitment to sustainable and environmentally responsible sourcing.

Soursop Juice Brands: Various brands produce soursop juice in bottles and cartons. These juices are often sold in health food stores and online retailers, and they may contain added vitamins or other functional ingredients.

Local Producers and Markets: In soursop-growing regions, local producers and markets often offer fresh soursop fruit and homemade soursop products like jams, jellies, and desserts. These products are frequently available at farmers' markets and specialty stores.

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Soursop/Guanabana Market. The top 10 companies in this industry are listed below:

  1. TexBel Farms
  2. Guanabana de Canarias
  3. Sunshine Naturals
  4. Flavorah FLV
  5. Amelia Organic Products
  6. Amanaci Rohstoffe UG & Co. KG
  7. Goya Foods, Inc
  8. Dynamic Health Laboratories
  9. Soursop Juice Brands
  10. Tropic Sun Supermarket

Scope of Report: 

Report Metric

Details

Base Year Considered

2022

Forecast Period

2023–2030

CAGR

11%

Market Size in 2030

USD $150 million 

Segments Covered

By Cultivation Type, By Form, By Distribution Channel, By End Use and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  1. TexBel Farms
  2. Guanabana de Canarias
  3. Sunshine Naturals
  4. Flavorah FLV
  5. Amelia Organic Products
  6. Amanaci Rohstoffe UG & Co. KG
  7. Goya Foods, Inc
  8. Dynamic Health Laboratories
  9. Soursop Juice Brands
  10. Tropic Sun Supermarket


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1. Soursop/Guanabana Market - Overview
   1.1. Definitions and Scope
2. Soursop/Guanabana Market - Executive Summary
3. Soursop/Guanabana Market - Comparative Analysis
    3.1. Company Benchmarking - Key Companies
    3.2. Global Financial Analysis - Key Companies
    3.3. Market Share Analysis - Key Companies
    3.4. Patent Analysis
    3.5. Pricing Analysis
4. Soursop/Guanabana Market - Start-up Companies Scenario (Premium)
    4.1. Key Start-up Company Analysis by
    4.2. Investment
    4.3. Revenue
    4.4. Venture Capital and Funding Scenario
5. Soursop/Guanabana Market – Market Entry Scenario Premium (Premium)
    5.1. Regulatory Framework Overview
    5.2. New Business and Ease of Doing Business Index
    5.3. Case Studies of Successful Ventures
6. Soursop/Guanabana Market - Forces
    6.1. Market Drivers
    6.2. Market Constraints
    6.3. Market Challenges
    6.4. Porter's Five Force Model
    6.5. Bargaining Power of Suppliers
    6.6. Bargaining Powers of Customers
    6.7. Threat of New Entrants
    6.8. Rivalry Among Existing Players
    6.9. Threat of Substitutes
7. Soursop/Guanabana Market – Strategic Analysis
    7.1. Value Chain Analysis
    7.2. Opportunities Analysis
    7.3. Market Life Cycle
8. Soursop/Guanabana Market – By Cultivation Type (Market Size – $Million/$Billion) 
    8.1. Conventional Cultivation
          8.1.1 Key Market Trends, Growth Factors and Opportunities 
          8.1.2. Market Size & Forecast by Region
     8.2. Organic Cultivation
          8.2.1. Key Market Trends, Growth Factors and Opportunities
          8.2.2. Market Size & Forecast by Region
     8.3. Hybrid Cultivation
          8.3.1. Key Market Trends, Growth Factors and Opportunities
          8.3.2. Market Size & Forecast by Region 
     8.4. Hydroponic and Greenhouse Cultivation
          8.4.1. Key Market Trends, Growth Factors and Opportunities
          8.4.2. Market Size & Forecast by Region
     8.5. Others
          8.5.1. Key Market Trends, Growth Factors and Opportunities
          8.5.2. Market Size & Forecast by Region 
9. Soursop/Guanabana Market – By Form (Market Size – $Million/$Billion) 
    9.1. Raw
         9.1.1. Key Market Trends, Growth Factors and Opportunities
         9.1.2. Market Size & Forecast by Region
    9.2. Processed
         9.2.1. Key Market Trends, Growth Factors and Opportunities
         9.2.2. Market Size & Forecast by Region
    9.3. Others
         9.3.1. Key Market Trends, Growth Factors and Opportunities
         9.3.2. Market Size & Forecast by Region
10. Soursop/Guanabana Market – By Distribution Channel (Market Size – $Million/$Billion)
     10.1. Supermarkets and Hypermarkets
           10.1.1. Key Market Trends, Growth Factors and Opportunities
           10.1.2. Market Size & Forecast by Region
     10.2. Specialty Food Stores
           10.2.1. Key Market Trends, Growth Factors and Opportunities
           10.2.2. Market Size & Forecast by Region
     10.3. Health Food Stores
           10.3.1. Key Market Trends, Growth Factors and Opportunities
           10.3.2. Market Size & Forecast by Region
     10.4. Online Retail and E-commerce Platforms
           10.4.1. Key Market Trends, Growth Factors and Opportunities
           10.4.2. Market Size & Forecast by Region
11. Soursop/Guanabana Market – By End Use (Market Size – $Million/$Billion) 
     11.1. Beverages
           11.1.1. Key Market Trends, Growth Factors and Opportunities
           11.2.2. Market Size & Forecast by Region
     11.2. Desserts and Confectionery
           11.2.1. Key Market Trends, Growth Factors and Opportunities
           11.2.2. Market Size & Forecast by Region
     11.3. Frozen Products
           11.3.1. Key Market Trends, Growth Factors and Opportunities
           11.3.2. Market Size & Forecast by Region
     11.4. Savory Dishes
           11.4.1. Key Market Trends, Growth Factors and Opportunities
           11.4.2. Market Size & Forecast by Region
     11.5. Natural and Organic Products
           11.5.1. Key Market Trends, Growth Factors and Opportunities
           11.5.2. Market Size & Forecast by Region
12. Soursop/Guanabana Market – by Geography (Market Size – $Million/$Billion) 
     12.1. North America
           12.1.1. The U.S.
           12.1.2. Canada
           12.1.3. Mexico
    12.2. Europe
           12.2.1. UK
           12.2.2. Germany
           12.2.3. France
           12.2.4. Italy
           12.2.5. Spain
           12.2.6. Russia
           12.2.7. Rest of Europe
     12.3. Asia-Pacific
           12.3.1. China
           12.3.2. India
           12.3.3. Japan
           12.3.4. South Korea
           12.3.5. Australia & New Zealand
           12.3.6. Rest of Asia-Pacific
      12.4. South America
           12.4.1. Brazil
           12.4.2. Argentina
           12.4.3. Chile
           12.4.4. Colombia
           12.4.5. Rest of South America
     12.5. Rest of the World
           12.5.1. Middle East
           12.5.2. Africa
13. Soursop/Guanabana Market – Entropy
14. Soursop/Guanabana Market – Industry/Segment Competition Landscape Premium 
     14.1. Market Share Analysis
           14.1.1. Market Share by Product Type – Key Companies
           14.1.2. Market Share by Region – Key Companies
           14.1.3. Market Share by Country – Key Companies
     14.2. Competition Matrix
     14.3. Best Practices for Companies
15. Soursop/Guanabana Market – Key Company List by Country Premium Premium 
16. Soursop/Guanabana Market - Company Analysis
     16.1. TexBel Farms
     16.2. Guanabana de Canarias
     16.3. Sunshine Naturals
     16.4. Flavorah FLV
     16.5. Amelia Organic Products
     16.6. Amanaci Rohstoffe UG & Co. KG
     16.7. Goya Foods, Inc
     16.8. Dynamic Health Laboratories
     16.9. Soursop Juice Brands
     16.10. Tropic Sun Supermarket
     16.11. Native Forest
     16.12. Local Producers and Markets
     16.13. Private Label Brands
     16.14. Functional Food Companies
     16.15. Organic Soursop Brands
     16.16. Farmers' Cooperatives
     16.17. Flavoring and Food Additive Suppliers
     16.18. Specialty Tea Brands
     16.19. Soursop Snack Manufacturers
     16.20. Health and Wellness Brands

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The Soursop/Guanabana is forecast to grow at 11% during the forecast period 2023-2030.

Global Soursop/Guanabana Market size is estimated to reach USD $150 million USD by 2030.

The leading players in the Soursop/Guanabana Market are TexBel Farms, Guanabana de Canarias, Sunshine Naturals, Flavorah FLV, Amelia Organic Products.