Global Sudachi Market- Trends, Price, Share and Growth Rate from 2021 to 2027
A recent report by Infinium Global Research dives deep into the global sudachi market, analyzing various segments and sub-segments. The report examines the impact of short-term and long-term factors on the market, including drivers, restraints, and key economic indicators. It offers a comprehensive overview of market trends, forecasts, and the projected value of the global sudachi market, which is expected to reach over USD 50 million by 2027, reflecting a CAGR of 2% from 2021.
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The COVID-19 pandemic's impact on sudachi production and supply chains is acknowledged in the report. It highlights how manufacturing shutdowns disrupted the global supply chain and led to a decrease in sudachi usage. This, in turn, negatively affected the supply of raw materials, most of which are exported from Japan. The resulting scarcity caused a short-term price increase for sudachi.
On a positive note, the report emphasizes the growing consumer awareness of sudachi's health benefits as a major driver of market growth. The increased availability of sudachi products through e-commerce platforms is also contributing to its wider adoption. When compared to liquid sudachi, the report suggests that the puree format is likely to gain significant traction due to its extended shelf life.
Geographically, North America is expected to hold the largest market share in the coming years, driven by the demand for natural citrus flavors. The report highlights the link between citrus fruits and their vitamin content, which can boost immunity and create lucrative opportunities for the sudachi market. This is further amplified by the growing popularity of low-calorie food options and rising health consciousness among consumers in the region. The well-established presence of Japanese and Southeast Asian cuisine in the US, coupled with increasing sudachi production in California, is expected to propel market growth in North America.
The report also emphasizes the rising consumer interest in natural flavoring agents for food and beverages, which is positively impacting the demand for sudachi and influencing market size globally. Sudachi's health benefits and ability to serve as a substitute for limes are identified as additional factors driving market expansion. The report acknowledges sudachi's growing popularity as a flavor enhancer in desserts and non-alcoholic beverages.
The increasing awareness of the negative health effects linked to artificial flavorings, such as allergic reactions, digestive issues, and respiratory problems, is projected to further benefit the sudachi market. As consumers become more informed about the health risks associated with chemical additives, the demand for natural alternatives like sudachi is expected to rise.
The report underscores sudachi's rich nutrient profile, including Vitamin C, phosphorus, calcium, magnesium, and potassium. This inherent nutritional value, combined with its year-round availability due to greenhouse cultivation, is contributing to increased global consumption of sudachi.
Looking ahead, the report predicts a market boom fueled by evolving consumer lifestyles and rising disposable income. Sudachi's versatility as a flavor enhancer across various applications, including meat dishes, salads, seafood, and desserts, is highlighted as a key factor contributing to market growth, particularly due to its ability to elevate flavors without adding calories.
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Finally, the report identifies North America as the dominant region in the sudachi market, while predicting the fastest growth to occur in the Asia-Pacific region. This is attributed to the well-established food and beverage industry in North America, the growing use of sudachi byproducts in prepared food and beverage production, and rising health consciousness among consumers. The report also acknowledges the significance of sudachi in Southeast Asian cuisine and the presence of Japan, the primary sudachi cultivator, within the Asia-Pacific region, solidifying its position as the fastest growing market.
Market Segmentation:
The Infinium Global Research report breaks down the sudachi market into two key categories: application and type. By application, the market is segmented into food, beverage, and other uses. In terms of type, the sudachi market is divided into juice, puree, and other sudachi product formats.
Market Dynamics:
Two major trends are driving the growth of the Sudachi market:
- Foodie Adventures and New Flavors: The rise of culinary tourism and people's interest in exploring unique cuisines is boosting the demand for specialty ingredients like Sudachi.
- Health-Conscious Consumers: Sudachi's naturally tart flavor and its richness in Vitamin C perfectly align with the growing consumer preference for healthy and nutritious food options.
Market Keyplayers:
- Nishiji Foods Co., Ltd
- Nishikidôri SASU PALMIFRANCE
- Yakami Orchard
- PONTHIER SAS
- The Wasabi Company
- The Bando Foods Company
- Barth Fruit AG
- HIKARI FOODS CO., LTD.
- SICA SAS SICODIS
- Yuzuya Honten Co., Ltd.
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Infinium Global Research LLP
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