Global Mangosteen Market - 2023-2030

Global Mangosteen Market - 2023-2030

The global mangosteen market reached US$ 326 million in 2022 and is projected to witness lucrative growth by reaching up to US$ 658 million by 2030. The market is growing at a CAGR of 3.6% during the forecast period (2023-2030).

Due to its numerous health advantages, mangosteen juice is increasingly popular as a beverage. Jams with different flavours could also be made using it. These elements could be seen as an opportunity by confectionary product which increases the mangosteen market value in the forecast period. Since consumers are more likely to prefer natural and organic fruits to maintain a healthy physical body, mangosteen is an ideal fruit for fresh consumption because it contains disease-fighting phytochemicals and antioxidants.

Market Dynamics

The Growing Health Consciousness Amomg the People Drives the Market Expansion.

Mangosteen contains compounds that have been shown to enhance immune function and protect against infections. These compounds include xanthones, which have been found to have antimicrobial and antiviral properties. The antioxidants in mangosteen may help to protect against chronic diseases, such as heart disease, diabetes, and cancer. These compounds can help to reduce oxidative stress and inflammation in the body, which are risk factors for these conditions.

Mangosteen has been found to have prebiotic properties, meaning that it can promote the growth of beneficial bacteria in the gut. This can help to support digestive health and improve nutrient absorption. For instance, The mangosteen tree, Garcinia mangostana L. (Clusiaceae), is a native of Southeast Asia, and its fruits have earned the title ""queen of the fruits"" due to their distinct and delectable flavour. Anticancer, analgesic, neuroprotective, antidiabetic and hypolipidemic effects of G. mangostana L. extracts and its main isolates. Pharmacokinetics, drug delivery systems and reports on dose-finding human trials are also examined in 2022.

Mangosteen's Negative Health Effects and its Long History of Prohibition.

Mangosteen has been discovered to slow down blood clotting, increasing the risk of bleeding in those who are vulnerable to it. Mangosteen consumption raises the possibility of severe lactic acidosis. The accumulation of lactate in the body is a symptom of the medical condition lactic acidosis. The formation of an abnormally low pH in the bloodstream is the main cause of this. For instance, the USFDA banned the import of mangosteen into the country due to concerns about Asian fruit flies that were found on the fruit.

COVID-19 Impact Analysis

The pandemic has caused disruptions in global supply chains, which have affected the availability of mangosteen in some regions. Transportation and logistics constraints, including border closures and reduced air travel, have made it difficult to move goods across borders and increased shipping costs. COVID-19 has caused shifts in demand for fresh fruits and vegetables, including mangosteen. With more people staying at home and consuming more fruits and vegetables, there has been a shift in demand from foodservice to retail channels. This has impacted the availability and price of mangosteen in different regions.

Segment Analysis

The global mangosteen market is segmented based on form, end user and region.

Cosmetics Segment Accounted for the Highest Share of the Global Mangosteens Market.

Mangosteen can be found in a variety of cosmetic products, including moisturizers, serums, facial masks, and cleansers. Cosmetics segment holds more than 32.5% in the global mangosteens market revenue. Mangosteen also contains compounds that have anti-inflammatory properties. This can help to reduce inflammation and redness in the skin, making it a potential ingredient for products designed to soothe and calm irritated skin. For instance, On 21 December 2021, Eminence organic skincare launched Mangosteen Face & Body Skin Care Treatment.

Geographical Analysis

Asia Pacific Holds the Major Share in the Global Mangosteen Market in 2022

Mangosteen (Garcinia mangostana) is native to Southeast Asia, and the region is the world's largest producer of mangosteen. Mangosteen trees thrive in warm and humid conditions with temperatures ranging from 20°C to 35°C. Temperatures below 15°C or above 40°C can negatively impact the growth and yield of the trees. High humidity levels (above 70%) are essential for the growth and development of mangosteen trees in the countries like India, China and Japan. The fruit trees require a lot of moisture to produce high-quality fruit. Mangosteen trees require well-distributed rainfall throughout the year, with an average of 1,500 to 2,500 mm annually. According to Food and Agriculture Organisation Asia produced mangosteens 41854040.35 thousand metric tons in 2021.

Competitive Landscape

The major global players in the market include Herbo Nutra, Kodai Fresh, Thongpad Fruits Vegetable Limited, Lakewood Juice Company, Bali Glow, Genesis Today, Cresco World Trading Co. Limited, Maha Chokdee Company Limited, Organics & Community Co. Limited, and Thiptipa Company Limited.

Why Purchase the Report?
• To visualize the global mangosteen market segmentation based on form, end user 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 mangosteen 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 mangosteen market report would provide approximately 50 tables, 53 figures and 195 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies