Durian is a tropical fruit that grows all over the world, but it is especially popular in Malaysia, Indonesia, and Thailand, which are all in Southeast Asia. In South Asia, it’s also considered as the king of fruits. This fruit is high in essential nutrients and contains more than any other fruit. Its custard-like large seeds and pungent smell are some characteristics by which people describe this fruit. The flesh of the fruit can be any color. It might be red or green but is usually yellow or white.
The global Durian market was valued at USD 24.90 billion in 2023. This market is expected to grow and surpass a valuation of USD 49.91 billion by end of 2033. The industry is anticipated to grow with a CAGR of 7.2% in the forecast period 2023 – 2033.
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- Increasing Popularity and Consumer Awareness: Durian, known as the “King of Fruits,” has gained popularity and recognition worldwide. Consumer awareness about its unique taste, aroma, and texture has expanded beyond its traditional Southeast Asian markets. As more people become familiar with durian and its distinct attributes, there is a growing demand for this exotic fruit.
- Growing Asian Diaspora: The Asian diaspora, particularly from Southeast Asian countries where durian is native, has spread across the globe. These communities have created a demand for durian in their new home countries, driving the growth of local markets. Durian is sought after by Asian consumers who want to enjoy a taste of their home countries, leading to an increased demand for the fruit.
- Tourism and Culinary Exploration: Durian has become a culinary attraction and a unique experience for tourists. Countries like Thailand, Malaysia, and Indonesia have become popular destinations for durian-related tourism, where visitors can participate in durian tastings, festivals, and farm tours. Tourists seeking new and exciting culinary experiences are contributing to the demand for durian in these regions.
- Health Benefits and Nutritional Value: Durian is rich in nutrients, including vitamins, minerals, and dietary fiber. It is also known for its high content of antioxidants. As people become more health-conscious and seek natural and nutritious food options, durian’s nutritional value has become a driver for its market growth. Durian is perceived as a nutritious fruit that offers various health benefits, attracting health-conscious consumers.
- Product Diversification and Innovation: Durian has expanded beyond its traditional form as a fresh fruit. The market has seen diversification and innovation in durian-based products such as durian-flavored desserts, snacks, beverages, and even durian-infused products like ice cream and chocolates. Manufacturers are continuously exploring new ways to incorporate durian into different food and beverage offerings, appealing to a wider consumer base.
- Online Retail and E-commerce: The rise of e-commerce has facilitated the accessibility and availability of durian products. Online platforms allow consumers to purchase durian and durian-based products conveniently, irrespective of their geographical location. E-commerce platforms have also enabled durian sellers to expand their reach beyond local markets, driving the growth of the durian market.
The primary methods used to spread awareness and reach clients around the world are promotional efforts carried out by manufacturers and quality certifications offered and upheld by the manufacturers.
Thaiaochi, Tempora Food Industry Sdn Bhd, Sunshine International Co., Ltd., D International Co., Ltd., NAFOODS GROUP JSC, Xi’an Asclepius Bio-Tech Co.,Ltd, Lavifood, IngredienTrade, Dulai Fruits Enterprise, Top Fruits Sdn Bhd, and Bao Sheng Durian Farm are a few of the major companies operating in the global market.
Segmentation:
· By Product Type :
- Fresh
- Processed
- Powder
- Pulp
- Puree
· By Processing Technology :
- Raw
- Dried
- Canned
· By End Use :
- Desserts & Ice-creams
- Soft Drinks
- Bakery
- Confectionery
- Snacks
- Powder Premixes
- Others
· By Region :
- North America
- Latin America
- Europe
- Japan
- Asia Pacific Excluding Japan (APEJ)
- Middle East & Africa (MEA)
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Questionnaire answered in the Market outlook Report of Durian include:
- What is the key strategy deployed by large players to maximize Durian Market growth?
- What are the main challenges faced by players in the Durian market Demand?
- With the advent of technological advancement, how will the Durian market landscape change over the forecast period?
- What does player bring to the table which is unique as a strategy, and is easy to emulate for new investors in the Durian market size?
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