Product Code: ETC337705 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Thailand passion fruit extract market has witnessed significant growth in recent years due to the increasing demand for natural and healthy ingredients in various industries, including food and beverages, cosmetics, and pharmaceuticals. The tropical climate of Thailand is conducive to passion fruit cultivation, making it a major player in the global market. The rising popularity of passion fruit-based products, such as juices, jams, and skincare items, has fueled the growth of this market. Moreover, Thailand reputation for high-quality agricultural products further enhances its position as a key supplier of passion fruit extract.
The Thailand passion fruit extract market is witnessing robust growth due to several key drivers. Firstly, the increasing health consciousness among consumers has led to a growing demand for natural and functional ingredients in various food and beverage products. Passion fruit extract, known for its high antioxidant content and potential health benefits, is becoming a preferred choice for food manufacturers. Additionally, the expanding popularity of exotic flavors in the food and beverage industry has further boosted the demand for passion fruit extract. Moreover, the export potential of Thai passion fruit extract to international markets has opened up new avenues for growth in this sector, as Thailand reputation for quality agricultural products continues to grow.
The Thailand passion fruit extract market faces several challenges that impact its growth and sustainability. Firstly, the market is highly dependent on weather conditions and climate change, affecting the availability and quality of passion fruits. This unpredictability in fruit production can lead to supply shortages and price fluctuations, making it challenging for businesses to plan and meet customer demands consistently. Additionally, the extraction process for passion fruit can be labor-intensive, leading to higher production costs. Market players must also contend with regulatory hurdles related to food safety standards and labeling requirements. Furthermore, competition from other fruit extracts and artificial flavorings poses a continuous threat to the market`s growth. To thrive in this market, companies must invest in sustainable farming practices, innovative extraction technologies, and effective marketing strategies to differentiate themselves and navigate these challenges successfully.
The Thailand passion fruit extract market faced significant challenges during the COVID-19 pandemic. With lockdowns and restrictions impacting both domestic consumption and international exports, the market experienced a drop in demand. However, as people increasingly sought out health and wellness products, there was a gradual recovery in demand for passion fruit extract, particularly in the nutraceutical and beverage sectors. The market adapted by focusing on online sales and diversifying product offerings to include hand sanitizers and immunity-boosting products.
The Thailand passion fruit extract market is witnessing robust growth, driven by the increasing demand for natural and healthy ingredients in the food and beverage industry. Leading players in this market include companies such as Thai Tropic Foods Co., Ltd., Thai Food Product Supply Co., Ltd., and Thaicoconut Co., Ltd. These companies have established a strong presence in the passion fruit extract market by offering high-quality products that cater to both domestic and international markets.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Passion Fruit Extract Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Passion Fruit Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Passion Fruit Extract Market - Industry Life Cycle |
3.4 Thailand Passion Fruit Extract Market - Porter's Five Forces |
3.5 Thailand Passion Fruit Extract Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.6 Thailand Passion Fruit Extract Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Thailand Passion Fruit Extract Market Revenues & Volume Share, By Nature, 2021 & 2031F |
3.8 Thailand Passion Fruit Extract Market Revenues & Volume Share, By Species Type, 2021 & 2031F |
3.9 Thailand Passion Fruit Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Thailand Passion Fruit Extract Market Revenues & Volume Share, By Extraction Method, 2021 & 2031F |
4 Thailand Passion Fruit Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about the health benefits of passion fruit extract |
4.2.2 Growing demand for natural and organic ingredients in the food and beverage industry |
4.2.3 Rising popularity of functional foods and beverages containing passion fruit extract |
4.3 Market Restraints |
4.3.1 Seasonal availability and dependency on harvest cycles |
4.3.2 Price volatility of passion fruit due to factors like weather conditions and transportation costs |
5 Thailand Passion Fruit Extract Market Trends |
6 Thailand Passion Fruit Extract Market, By Types |
6.1 Thailand Passion Fruit Extract Market, By Form |
6.1.1 Overview and Analysis |
6.1.2 Thailand Passion Fruit Extract Market Revenues & Volume, By Form, 2021-2031F |
6.1.3 Thailand Passion Fruit Extract Market Revenues & Volume, By Powder, 2021-2031F |
6.1.4 Thailand Passion Fruit Extract Market Revenues & Volume, By Oil, 2021-2031F |
6.1.5 Thailand Passion Fruit Extract Market Revenues & Volume, By Concentrate, 2021-2031F |
6.2 Thailand Passion Fruit Extract Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Thailand Passion Fruit Extract Market Revenues & Volume, By Peel, 2021-2031F |
6.2.3 Thailand Passion Fruit Extract Market Revenues & Volume, By Pulp, 2021-2031F |
6.2.4 Thailand Passion Fruit Extract Market Revenues & Volume, By Seed, 2021-2031F |
6.3 Thailand Passion Fruit Extract Market, By Nature |
6.3.1 Overview and Analysis |
6.3.2 Thailand Passion Fruit Extract Market Revenues & Volume, By Organic Passion Fruit Extract, 2021-2031F |
6.3.3 Thailand Passion Fruit Extract Market Revenues & Volume, By Conventional Passion Fruit Extract, 2021-2031F |
6.4 Thailand Passion Fruit Extract Market, By Species Type |
6.4.1 Overview and Analysis |
6.4.2 Thailand Passion Fruit Extract Market Revenues & Volume, By Passiflora Edulis, 2021-2031F |
6.4.3 Thailand Passion Fruit Extract Market Revenues & Volume, By Passiflora Flavicarpa, 2021-2031F |
6.4.4 Thailand Passion Fruit Extract Market Revenues & Volume, By Passiflora Ligularis, 2021-2031F |
6.4.5 Thailand Passion Fruit Extract Market Revenues & Volume, By Passiflora Caerulea, 2021-2031F |
6.4.6 Thailand Passion Fruit Extract Market Revenues & Volume, By Others, 2021-2031F |
6.5 Thailand Passion Fruit Extract Market, By Application |
6.5.1 Overview and Analysis |
6.5.2 Thailand Passion Fruit Extract Market Revenues & Volume, By Skincare, 2021-2031F |
6.5.3 Thailand Passion Fruit Extract Market Revenues & Volume, By Sunscreen, 2021-2031F |
6.5.4 Thailand Passion Fruit Extract Market Revenues & Volume, By Moisturizer, Cream & Lotion, 2021-2031F |
6.5.5 Thailand Passion Fruit Extract Market Revenues & Volume, By Eye Revilitizers, 2021-2031F |
6.5.6 Thailand Passion Fruit Extract Market Revenues & Volume, By Face Cleanser & Body Wash, 2021-2031F |
6.5.7 Thailand Passion Fruit Extract Market Revenues & Volume, By Haircare, 2021-2031F |
6.5.8 Thailand Passion Fruit Extract Market Revenues & Volume, By Others, 2021-2031F |
6.5.9 Thailand Passion Fruit Extract Market Revenues & Volume, By Others, 2021-2031F |
6.6 Thailand Passion Fruit Extract Market, By Extraction Method |
6.6.1 Overview and Analysis |
6.6.2 Thailand Passion Fruit Extract Market Revenues & Volume, By Cold Process/Cold Pressed, 2021-2031F |
6.6.3 Thailand Passion Fruit Extract Market Revenues & Volume, By Spray Drying, 2021-2031F |
6.6.4 Thailand Passion Fruit Extract Market Revenues & Volume, By Distillation, 2021-2031F |
6.6.5 Thailand Passion Fruit Extract Market Revenues & Volume, By Ultrasound Assisted Leaching Extraction (UE), 2021-2031F |
6.6.6 Thailand Passion Fruit Extract Market Revenues & Volume, By Supercritical Fluid Extraction, 2021-2031F |
6.6.7 Thailand Passion Fruit Extract Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Passion Fruit Extract Market Import-Export Trade Statistics |
7.1 Thailand Passion Fruit Extract Market Export to Major Countries |
7.2 Thailand Passion Fruit Extract Market Imports from Major Countries |
8 Thailand Passion Fruit Extract Market Key Performance Indicators |
8.1 Number of new product launches containing passion fruit extract |
8.2 Percentage of market share held by passion fruit extract products in the natural ingredients segment |
8.3 Number of partnerships or collaborations between passion fruit extract suppliers and food/beverage companies |
8.4 Growth rate of the functional foods and beverages market in Thailand containing passion fruit extract |
9 Thailand Passion Fruit Extract Market - Opportunity Assessment |
9.1 Thailand Passion Fruit Extract Market Opportunity Assessment, By Form, 2021 & 2031F |
9.2 Thailand Passion Fruit Extract Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Thailand Passion Fruit Extract Market Opportunity Assessment, By Nature, 2021 & 2031F |
9.4 Thailand Passion Fruit Extract Market Opportunity Assessment, By Species Type, 2021 & 2031F |
9.5 Thailand Passion Fruit Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.6 Thailand Passion Fruit Extract Market Opportunity Assessment, By Extraction Method, 2021 & 2031F |
10 Thailand Passion Fruit Extract Market - Competitive Landscape |
10.1 Thailand Passion Fruit Extract Market Revenue Share, By Companies, 2024 |
10.2 Thailand Passion Fruit Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |