Global Mangosteen Market, By Type (Solid, Powder, Gel, Liquid concentrate, Paste), By Application (Food & beverages, Nutraceuticals, Pharmaceuticals, Cosmetics) and opportunities and forecast 2020-2027

Mangosteen Market Overview

The mangosteen is associated with variety of medical properties like regulating vital sign and heart rate, preventing inflammation, improving digestion, treating acne and other skin diseases, maintaining a healthy weight, strengthening the immune system, et al. which may be attributed to the presence of xanthones, potassium, complex vitamins, proteins and variety of other vital nutrients.

New studies have shown a positive output of the natural ingredients within the nutraceutical sector and hence a serious demand from the mangosteen market is often expected. The mangosteen market is at a nascent stage and has significant potential to grow within the near future which may be attributed to the manifold properties of mangosteen.

The one prime restraint for mangosteen is that the short time period of it on the backdrop of which most retailers requires overnight shipping. These results to be very expensive to the end-users. A higher volume of mangosteen products is sold online as compared to that of specialty stores or convenience stores due to the increasing trend of the internet of things, increasing variety of users using smart or connected devices, and also because of the convenience of purchasing products at the touch of the screen.
 
Covid-19 Impact on Mangosteen Market:

A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, safety, supply chain, training, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in beverage industry is facing a devastating effect of pandemic. 13% of the craft beer sector around the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, shortage of raw materials caused shut down of many small to medium food processing companies around the world.
 
Mangosteen Market Segment Overview

Mangosteen market segmented on the basis of form which includes solid, powder, gel, liquid concentrate, and paste. Among this liquid concentrate has tremendous growth opportunities owing to flavour and nutritious value of it.

Mangosteen market can be segmented on the basis on the basis of application, which includes food & beverages, nutraceuticals, pharmaceuticals and cosmetics. Amongst all the applications, nutraceutical and cosmetics have reached a remarkable peak.

Market Analysis, Insights and Forecast – By Type
·       Solid
·       Powder
·       Gel
·       Liquid concentrate
·       Paste

Market Analysis, Insights and Forecast – By Application
·        Food & beverages
·        Nutraceuticals
·        Pharmaceuticals
·        Cosmetics.
 
Mangosteen Market Regional Overview

Region-wise, in terms of regions, The global mangosteen market is currently localized within the South Asia region. Because of the short shelf life of the mangosteen fruit, it must be consumed at the earliest possible. The mangosteen fruit has legally started to be traded within the U.S for a decade but still hasn’t reached to its peak. Although, because of its vast medicinal properties, the worldwide mangosteen market is predicted to grow and has promising potential.

Mangosteen Market, By Geography

·       North America (US & Canada)
·       Europe (UK, Germany, France, Italy, Spain, & Rest of Europe)
·       Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
·       LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
 
Mangosteen Market Competitor overview

Some key developments and strategies adopted by manufacturers in the Mangosteen are highlighted below.
 
·       Recently, Lakewood Juice Company and others companies introduced Liquid concentrate of mangosteen in worldwide market thus showing increase rate of demand and growth opportunity of market.

Mangosteen Market, Key Players

·       DBC, L
·       Nature's Sunshine Products, Inc.
·       Royalty Health
·       Genesis Today
·       Lakewood Juice Company
·       Vemma
·       Mangosteen Dietary Supplements
·       Others.