Global Passion Fruit Peel Market Size, Share, and COVID-19 Impact Analysis, Russia-Ukraine War Impact, Tariff Analysis, By Nature (Organic and Conventional), By End User (Livestock Feed, Pharmaceutical, Food & Beverages, Skincare & Cosmetics, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035.
Industry: Food & BeveragesPassion Fruit Peel Market Summary, Size & Emerging Trends
Get more details on this report -
According to Spherical Insights, The Global Passion Fruit Peel Market Size is Expected To Grow From USD 595.5 Million in 2024 to USD 980.5 Million by 2035, at a CAGR of 4.64% during the Forecast Period 2025-2035. The increasing consumer demand for natural food additives & neutraceuticals, along with its expanding use in chronic disease management and skincare, is a key growth driver for the global passion fruit peel market.
Key Market Insights
- North America is expected to account for the largest share in the passion fruit peel market during the forecast period.
- In terms of nature, the organic segment is projected to lead the passion fruit peel market in terms of nature throughout the forecast period
- In terms of end user, the pharmaceuticals segment captured the largest portion of the market
Global Market Forecast and Revenue Outlook
- 2024 Market Size: USD 595.5 Million
- 2035 Projected Market Size: USD 980.5 Million
- CAGR (2025-2035): 4.64%
- North America: Largest market in 2024
- Asia Pacific: Fastest growing market
Passion Fruit Peel Market
The passion fruit peel market is the market encompassing the processing and sale of passion fruit peels for their dietary fiber, antioxidant, and bioactive compounds. Passion fruit peel is considered a waste byproduct of passion fruit processing, having a great potential as a sustainable, antimicrobial, and antioxidant natural coating ingredient. Applications of passion fruit peel in pharmaceuticals, food & beverages, cosmetics, and animal feed, along with its growing health awareness, extensively drive its demand. Further, its anti-inflammatory, antioxidant, hypoglycemic, hypolipidemic, antihypertensive, and anti-cancer properties drive its application in the medical sector. Cosmetic industries also use peel in skincare formulations due to its anti-aging and skin rejuvenating properties.
Passion Fruit Peel Market Trends
- Preference for clean-label ingredients surging the use of natural ingredients
- Expansion in nutraceuticals & cosmetics
- Sustainable waste valorisation by using a food processor for upcycling peels
Passion Fruit Peel Market Dynamics
Global Passion Fruit Peel Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Market Size in 2024 : | USD 595.5 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 4.64% |
2035 Value Projection: | USD 980.5 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 220 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Nature, By End User, By Regional Analysis |
Companies covered:: | Dohler GmbH, Kerry Group plc, Symrise AG, Givaudan SA, International Flavors and, Fragrances Inc., Takasago International Corporation, Sensient Technologies Corporation, Firmenich SA, Robertet Group, Tate & Lyle PLC, Naturex SA, Frutarom Industries Ltd., Aromatech SAS, Prova SAS, Haldin Pacific Semesta, Axxence Aromatic GmbH, Blue Pacific Flavors, Flavorchem Corporation, Synergy Flavors Inc., Mane SA, Others |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors: Consumer demand for natural food additives & nutraceuticals, along with its expanding use in chronic disease management and skincare, is driving growth in the passion fruit peel market
The growth of the passion fruit peel market is driven by the trend towards natural peels as a form of skin care for improved skin appearance. Further, passion fruit peels are used in dietary supplements due to their high antioxidant and fiber contents, enhancing nutritional value. Further, its emulsifying properties are suitable for improving the texture, act as a stabilizer.
Restrain Factors: The Passion Fruit Peel market faces challenges due to fluctuation in raw material prices and climate-related issues
The fluctuation in the prices of raw materials is owing to factors such as seasonal availability, demand for juice, and pulp. Climate-related issues that impact fruit yield and health, which lead to production loss, thereby resulting in hampering the market.
Opportunity: Product innovation and strategic partnerships are creating new opportunities in the passion fruit peel market
Strategic import partnerships ensure a steady supply of passion fruit, especially during the off-season months. Further, an increasing e-commerce platforms are escalating the growth opportunities in the passion fruit peel market. Innovation in passion fruit peel, emphasizing extracting valuable compounds for functional foods, cosmetics, and other biomaterials by using its rich content of polyphenols, fibers, and pectin.
Challenges: In the passion fruit peel market, there a toxicity concerns and allergic reactions related to the use of passion fruit peel
Causing skin allergies and reactions in some individuals are associated with some of the plant proteins present in passion fruit peel. The awareness regarding these toxins is challenging the market growth.
Global Passion Fruit Peel Market Ecosystem Analysis
The Global Passion Fruit Peel Market ecosystem includes fruit producers, processors, product manufacturers, and consumers. Strategic collaborations for ensuring a steady supply of the passion fruit peel products. Market growth is driven by demand for natural food additives & neutraceuticals, along with its expanding use in chronic disease management and skincare, while fluctuation in raw material prices and toxicity concerns remain challenges. Opportunities lie in product innovation and strategic import collaborations.
Global Passion Fruit Peel Market, By Nature
The organic segment led the passion fruit peel market, generating the largest revenue share. This dominance can be attributed to the rising consumer need for natural, plant-based, and clean-label ingredients. Organic fruit peel products are organically cultivated and harvested, with no exposure to chemical additives, and preserve healing and nourishing properties.
Get more details on this report -
The conventional segment in the passion fruit peel market is expected to grow at a significant CAGR over the forecast period, driven by its ease of accessibility and cost-effectiveness. While the concerns regarding the harmful effects of conventional products hinder demand.
Global Passion Fruit Peel Market, By End User
The pharmaceuticals segment held the dominant market share in the passion fruit peel market, due to the increasing use of passion fruit peel in the pharmaceutical industry, due to its several health benefits. Passion fruit peel offers therapeutic properties like antioxidants, anti-inflammatory, and antimicrobial effects, for treating various disease conditions.
The food & beverages segment in the passion fruit peel market is projected to register a steady CAGR, driven by the growing use of passion fruit peel juice and beverages as a supplement. Passion fruit peel is a valuable ingredient in the food & beverage industry and can be processed into functional ingredients such as flour or extracts.
North America is expected to account for the largest share of the passion fruit peel market during the forecast period.
Get more details on this report -
driven by the extensive R&D and strategic sourcing by the leading key market players. Further, the growing health and wellness trends are driving the need for natural, nutrient-rich ingredients, driving market demand for passion fruit peel because it is rich in antioxidants and dietary fiber.
The United States is experiencing steady growth in the passion fruit peel market, fueled by increasing demand for passion fruit peel and its derivatives in international markets, which drives the expansion of the export market.
Asia Pacific is expected to grow at the fastest CAGR in the passion fruit peel market during the forecast period. This rapid growth is driven by increased application of passion fruit peel in skincare and cosmetics, as well as in the food industry. Consumers’ growing interest in natural and health-conscious products, along with an increasing awareness about the nutritional benefits of passion fruit peel, is propelling the market demand.
India is rapidly expanding in the passion fruit peel market, due to rapid production expansion and strong domestic wellness product demand. Further, government-backed export incentives are supporting the market of passion fruit peel.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the passion fruit peel market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
WORLDWIDE TOP KEY PLAYERS IN THE PASSION FRUIT PEEL MARKET INCLUDE
- Dohler GmbH
- Kerry Group plc
- Symrise AG
- Givaudan SA
- International Flavors and Fragrances Inc.
- Takasago International Corporation
- Sensient Technologies Corporation
- Firmenich SA
- Robertet Group
- Tate & Lyle PLC
- Naturex SA
- Frutarom Industries Ltd.
- Aromatech SAS
- Prova SAS
- Haldin Pacific Semesta
- Axxence Aromatic GmbH
- Blue Pacific Flavors
- Flavorchem Corporation
- Synergy Flavors Inc.
- Mane SA
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Product Launches in Passion Fruit Peel
- In September 2024, Cargill is taking strides in sustainable food production by upcycling apple pomace and citrus peels to create pectin solutions that cater to the growing demand for natural, plant-based, and reduced-sugar products.
- In June 2024, Ingredion Inc., a leading global provider of ingredient solutions to the food & beverage industry, announced that Kerr By Ingredion would be offering a selection of products from its fruit and vegetable portfolio that are Upcycled Certified to customers for purchase.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the passion fruit peel market based on the below-mentioned segments:
Global Passion Fruit Peel Market, By Nature
- Organic
- Conventional
Global Passion Fruit Peel Market, By End User
- Livestock Feed
- Pharmaceutical
- Food & Beverages
- Skincare & Cosmetics
- Others
Global Passion Fruit Peel Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
-
1.What is the market size of the passion fruit peel market?The global passion fruit peel market size is expected to grow from USD 595.5 Million in 2024 to USD 980.5 Million by 2035, at a CAGR of 4.64% during the forecast period 2025-2035.
-
2.Which region holds the largest share of the passion fruit peel market?North America is anticipated to hold the largest share of the passion fruit peel market over the predicted timeframe.
-
3. What is the forecasted CAGR of the Global Passion fruit peel Market from 2024 to 2035?The market is expected to grow at a CAGR of around 4.64% during the period 2024–2035.
-
4. Who are the top 10 companies operating in the Global Passion fruit peel Market?Key players include Dohler GmbH, Kerry Group plc, Symrise AG, Givaudan SA, International Flavors & Fragrances Inc., Takasago International Corporation, Sensient Technologies Corporation, Firmenich SA, Robertet Group, and Tate & Lyle PLC.
-
5. Can you provide company profiles for the leading passion fruit peel manufacturers?Yes. For example, Dohler GmbH is a global producer, marketer and provider of technology-driven natural ingredients, ingredient systems and integrated solutions for the global food, beverage and nutrition industry. Kerry Group plc is a producer, distributor, and marketer of food ingredients and flavors. Givaudan SA is a manufacturer and seller of fragrances and flavors, providing solutions for taste, sense, nutrition, and health.
-
6. What are the main drivers of growth in the passion fruit peel market?Increasing consumer demand for natural food additives & neutraceuticals, along with its expanding use in chronic disease management and skincare, are major market growth drivers of the passion fruit peel market.
-
7. What challenges are limiting the passion fruit peel market?Toxicity concerns and allergic reactions related to the use of passion fruit peel, as well as fluctuation in raw material prices, remain key restraints.
Need help to buy this report?