Durian Market Size Worth $46.09 Billion By 2032 | CAGR: 7.00%
The global durian market size is expected to reach USD 46.09 billion by 2032, according to a new study by Polaris Market Research. The report “Durian Market Share, Size, Trends, Industry Analysis Report, By Product Type (Fresh, Processes); By Processing Technology; By End-Use; By Region; Segment Forecast, 2024 – 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The rising product consumption all over the world due to its higher nutritional content, including minerals and vitamins, and increasing demand for unique culinary experiences and convenience foods along with the growing prevalence among food entrepreneurs for incorporating durian in various culinary creations, including ice-creams, desserts, beverages, and pastries, are major prominent factors expected to drive product demand and growth over the next coming years.
Demand and popularity of durian have been expanding beyond its traditional Southeast Asian base in the last few years, with growing demand from countries such as China, Japan, South Korea, and Western nations. Therefore, in order to capitalize on this international demand, companies are focusing on the expansion of their market reach and introducing new durian-based products, which, in turn, offer significant growth potential over the years. For instance, in April 2023, Okashi Gaku announced the plan to launch its two new Singapore-inspired durian and Oreo cookie flavors, which are likely to be easily or conveniently accessible for consumers any time of the day.
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There has been a significant increase in the emergence of various online shopping platforms and the number of digital buyers all over the world, which are becoming crucial avenues for selling durian and durian-based products and generating lucrative revenue opportunities for companies in the market. As these platforms streamline the overall buying process and connect potential product consumers with a wider range of durian options with no geographical restrictions, they are gaining huge traction and popularity worldwide.
According to OBERLO, the number of digital buyers across the globe stood at 2.64 billion in 2023, which accounts for 33.3% of the worldwide population. The number of online buyers has increased by 3.1% year-over-year, adding another 80 million buyers compared to 2022.
Durian Market Report Highlights
- The processed segment accounted for a noteworthy share on account of its advantageous features or characteristics, including higher convenience and longer shelf life
- The canned segment will hold a substantial share, as it can be easily transported from one region to another and also eliminates the need for various messy processes
- The desserts & ice creams segment will grow at a significant pace because of the increasing popularity and consumption of durian-flavored ice creams among consumers
- Asia Pacific dominated the global market, owing to the availability of the world’s largest durian-producing and exporting countries and greater consumption
- The key market players include Chainoi Food Company, Agri Foods Public Company, Sunshine International, & Hernan Corporation
Polaris Market Research has segmented the durian market report based on type, processing technology, end-use, and region:
Durian, Type Outlook (Revenue - USD Billion, 2023 - 2032)
- Fresh
- Processed
Durian, Processing Technology Outlook (Revenue - USD Billion, 2023 - 2032)
- Raw
- Dried
- Canned
Durian, End-Use Outlook (Revenue - USD Billion, 2023 - 2032)
- Desserts & Ice-creams
- Soft Drinks
- Bakery
- Confectionery
- Snacks
- Powder Premixes
- Others
Durian, Regional Outlook (Revenue - USD Billion, 2023 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Durian Market Report Scope
|
Report Attributes |
Details |
|
Market size value in 2024 |
USD 26.74 billion |
|
Revenue Forecast in 2032 |
USD 46.09 billion |
|
CAGR |
7.00% from 2024 – 2032 |
|
Base year |
2023 |
|
Historical data |
2019 – 2022 |
|
Forecast period |
2024 – 2032 |
|
Quantitative units |
Revenue in USD billion and CAGR from 2024 to 2032 |
|
Segments Covered |
By Product Type, By Processing Technology, By End Use, By Region |
|
Regional scope |
North America, Europe, Asia Pacific, Latin America; Middle East & Africa |
|
Customization |
Report customization as per your requirements with respect to countries, regions, and segmentation. |
|
For Specific Research Requirements |
