Pineapple Juice Market Size, Share, Industry, Forecast and outlook (2024-2031)

Pineapple Juice Market Size

The global pineapple juice market reached USD 4,189.7 million in 2022 and is projected to witness lucrative growth by reaching up to USD 6,308.9 million by 2030. The market is expected to exhibit a CAGR of 5.2% during the forecast period (2024-2031).

Pineapple juice is a great source of vitamin C, manganese, and other nutrients that have health-beneficial qualities like boosting immunity, promoting better digestion, and reducing inflammation. As a result, consumers are increasingly seeking healthier beverage options, which is driving up demand for pineapple juice. In addition, more people are choosing natural and organic products as consumer awareness of the harmful effects of artificial preservatives and additives in food and beverages increases. The natural and healthy beverage option of pineapple juice can meet this demand. 

Pineapple Juice Market Scope

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Pineapple Juice Market Dynamics and Trends

Rising Demand For Healthy Beverages Has Anticipated The Growth of Pineapple Juice Sector

The market for pineapple juice has grown significantly as a result of the rising demand for healthy beverages. Drinks that are natural, nutrient-rich, and free of artificial flavors and preservatives are in demand as consumers become more health conscious.

Pineapple juice, a beverage that is naturally sweet and refreshing, is rich in vitamins, minerals, and antioxidants, making it a popular choice among health-conscious consumers. It is also believed to have several health benefits, including improved digestion, boosted immunity, and reduced inflammation. As a result, manufacturers are focusing to develop innovative organic juice products related to pineapple juice, providing opportunities for them to expand their product lines and cater to this market segment.

For instance, on November 18, 2021, Dole Sunshine was recognized as a symbol of high quality and wellness all over the world. Dole Sunshine India has launched its 100% natural, fruit-forward pineapple juice.

Seasonality, High Price, And The Limited Shelf Life of Pineapple Juice Are The Factors That Limit The Market Expansion to a Certain Extent

Seasonality, high price, and short shelf life are a few factors that limit the market's expansion for pineapple juice. Manufacturers may find it difficult to maintain a steady supply of pineapple juice due to the seasonality of fresh pineapple fruit, which can limit availability during specific times of the year and cause changes in demand and supply. 

Due to the expensive pineapple fruit, it can be challenging for manufacturers to compete on price, which has an impact on their market share. The International Trade Centre figures that the average import cost of pineapple juice is 2,011 USD/ton in 2021. Additionally, compared to other fruit juices, pineapple juice has a relatively short shelf life, which can present challenges for manufacturers with spoilage, wastage, and inventory management. 

Pineapple Juice Market Segment Analysis

The global pineapple juice market is segmented based on packaging, distribution channel, and region.

The Paperboard Cartons Segment Is The Dominating Segment In The Global Pineapple Juice Market

Pineapple juice market have been segmented by packaging as paperboard cartons, glass bottles, and aluminum cans.

Paperboard cartons segment held the largest market share as a result of the highest market demand from significant players. Paperboard carton packaging is easy to use and manage. The manufacturers are looking for cost-effective, environmentally friendly, and attractive packaging option that can help protect the quality and freshness of their product while also appealing to consumers.

Source: DataM Intelligence Analysis (2024)

Pineapple Juice Market Geographical Share

Increasing Demand For Pineapple Juice in the North American Region

By region, the global pineapple juice market is segmented into North America, South America, Europe, Asia-Pacific, Middle-east, and America. 

The rising pineapple juice consumption in the US and Canada due to the high nutrition, low calories, and low sugar content of pineapple juice projected market growth. In addition, key players in the North American region are focusing on the production capacity and quality of pineapple juice due to consumer demand. In 2022, the U.S. imported 162,854 cubic meters of pineapple juice, according to the International Trade Center.

Source: DataM Intelligence Analysis (2024)

Pineapple Juice Market Companies

The major global players include Hansen Holding A/S, Dole Food Company, Inc., Ariza B.V., Lakewood Organic, SOL Organica, S.A., Knudsen & Sons, Inc., The Kraft Heinz Company, Apple & Eve, LLC, PepsiCo Inc., and The Coca Cola Company.

COVID-19 Impact on Pineapple Juice Market

Pineapple juice, which is high in Vitamin C, Vitamin A, and essential minerals, has been shown to have benefits for Covid-19 patients with comorbidities such as cardiovascular disease, hypertension, diabetes, and cancer. The Covid-19 pandemic and subsequent lockdowns have increased the consumption of ready-to-drink juices, with consumers being drawn to packaged and healthy fruit juices. The growing awareness of the health benefits of pineapple juice is expected to positively drive market growth during the pandemic period.

Ukraine-Russia War 

The market for pineapple juice would be unaffected by the conflict between Ukraine and Russia due to neither country is a major producer or consumer of pineapple juice. Tropical countries such as Costa Rica, the Philippines, Thailand, and Brazil are the leading producers of pineapple juice. The United States, Europe, and Asia are the primary consumers of this beverage, with significant growth in demand seen in countries like China, Japan, and South Korea in recent years.

Artificial Intelligence Impact Analysis

Pineapple quality classification has been enhanced using artificial intelligence (AI). For instance, researchers in Taiwan have created a real-time, AI-based method for classifying pineapples based on their water content using acoustic spectroscopy. This technique can assist farmers in removing pineapples that are more likely to rot and are more challenging to store, enabling them to sell their pineapples abroad. Artificial intelligence (AI) can be used to quickly and accurately classify pineapple fruits.

Key Developments

• In November 2021, Dole Sunshine India launched its 100% natural pineapple juice with pure fruity goodness. Neither added sugar nor artificial preservatives are offered.
• In February 2023, Tropicana will introduce Strawberry & Banana to its line of traditional fruit juices and Pineapple & Pink Guava Crush to its Sensations line of fruit juices.
• In July 2022, Z Natural Foods launched the Organic Electrolyte Pineapple Coconut Water. Z Natural Foods is a producer and retailer of natural foods, and it will be available from July 2022. Each serving's nearly 75% coconut water hydrates the body and gives it energy.

Why Purchase the Report?

• To visualize the global pineapple juice market segmentation based on packaging, distribution channel, and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of Pineapple Juice market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as Excel consisting of key products of all the major players.

The global pineapple juice market report would provide approximately 52 tables, 48 figures and 195 Pages.

Target Audience 2024

• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies