Passion Fruit Price Trend

Passion Fruit Prices December 2023

In the fourth quarter of 2023, the price of passion fruit in the USA reached 3,252 USD/MT by December. Similarly, in China, passion fruit prices hit 1,616 USD/MT in the same month. Germany also saw passion fruit prices reaching 2,587 USD/MT during Q4 of 2023.

Passion Fruit Price Trend, Market Analysis, and News

IMARC's latest publication, “Passion Fruit Pricing Report 2024: Price Trend, Chart, Market Analysis, News, Demand, Historical and Forecast Data,” presents a detailed examination of the passion fruit market, providing insights into both global and regional trends that are shaping prices. This report delves into the spot price of passion fruit at major ports and analyzes the composition of prices, including FOB and CIF terms. It also presents a detailed passion fruit price trend analysis by region, covering North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The factors affecting passion fruit pricing, such as the dynamics of supply and demand, geopolitical influences, and sector-specific developments, are thoroughly explored. This comprehensive report helps stakeholders stay informed with the latest market news, regulatory updates, and technological progress, facilitating informed strategic decision-making and forecasting.

Passion Fruit Market Analysis

The global passion fruit market size reached US$ 722 Million in 2023. By 2032, IMARC Group expects the market to reach US$ 1,091.58 Million, at a projected CAGR of 4.70% during 2023-2032.

• The passion fruit demand is propelled by its utilization in several culinary applications. It can be eaten fresh and used in juices, smoothies, desserts, and sauces. It is also popular as a flavoring in beverages and yogurts. The rising focus on consuming healthy food products and drinks among individuals is impelling the market growth. The increasing awareness among individuals about the health benefits of passion fruit like its antioxidant properties and nutrient content is supporting the market growth. People are increasingly preferring exotic and tropical fruits that have unique tastes.
• Passion fruit is also becoming popular due to its wide availability via several distribution channels including supermarkets, hypermarkets, and online stores. People are purchasing this fruit from e-commerce stores owing to their free home delivery facilities and superior convenience. The e-commerce market is anticipated to total over US$ 7.9 Trillion in 2027, as stated by Forbes.     
• The passion fruit market share is further being reinforced by the fruit’s ability to enhance the immune system of individuals. It maintains a resilient immune system and reduces the risk of infection and disease. It is a rich source of vitamin C, a potent antioxidant with immune-boosting properties. Moreover, it plays a role in white blood cell (WBCs) production, tissue formation, and wound healing.  
• The production of passion fruit is showing an upward trajectory as a result of its incorporation in the cosmetic sector in lotions, creams, and serums for its antioxidant and moisturizing properties. It is used in shampoos and conditioners for its nourishing and hydrating effects.
• The market share is also expanding due to passion fruit's increased demand for aromatherapy. It is employed in aromatherapy and relaxation products to lower stress levels among individuals.   

Passion Fruit News

The report covers the latest developments, updates, and trends impacting the price of passion fruit, providing stakeholders with timely and relevant information. This segment covers a wide array of news items, including the inauguration of new production facilities, technological innovations, strategic market expansions by key industry players, and significant mergers and acquisitions that impact the passion fruit price trend.

Latest developments in the passion fruit industry:

• In 3 June 2024, OAKBERRY, the global quick-service superfood brand with 100% natural and always fresh açaí, unveiled its first-ever limited-time seasonal menu full of perfect-for-summer passion fruit offerings.    

Product Description

Passion fruit is the fruit of the Passiflora vine, a type of passion flower. It is widely available as yellow passion fruit, sweet granadilla, and purple passion fruit. It is a rich source of fiber, vitamins C and A, iron, and potassium. It has a tough outer rind and a juicy, seed-filled center. It has a sweet and tart taste and purple and yellow skin. It has antioxidants that benefit in protecting the body from free radicals, which are unstable molecules that can damage individual cells when present in large numbers. It aids in keeping the gut healthy while preventing constipation among individuals.

In addition, passion fruit assist in minimizing inflammation and lowering the chances of getting colds and certain types of cancers. It is also beneficial in enhancing the health of kidneys, nerves, muscles, and heart.

Regional Coverage

The report provides a detailed analysis of the market across different regions, each with unique pricing dynamics influenced by localized market conditions, supply chain intricacies, and geopolitical factors. This includes price trends, price forecast and supply and demand trends for each region, along with spot prices by major ports. The report also provides coverage of FOB and CIF prices, as well as the key factors influencing the passion fruit price trend. 

Global Passion Fruit Price

The report offers a holistic view of the global passion fruit pricing trends in the form of passion fruit price charts, reflecting the worldwide interplay of supply-demand balances, international trade policies, and overarching economic factors that shape the market on a macro level. This comprehensive analysis not only highlights current price levels but also provides insights into historical price of passion fruit, enabling stakeholders to understand past fluctuations and their underlying causes. The report also delves into price forecast models, projecting future price movements based on a variety of indicators such as expected changes in supply chain dynamics, anticipated policy shifts, and emerging market trends. By examining these factors, the report equips industry participants with the necessary tools to make informed strategic decisions, manage risks, and capitalize on market opportunities. Furthermore, it includes a detailed passion fruit demand analysis, breaking down regional variations and identifying key drivers specific to each geographic market, thus offering a nuanced understanding of the global pricing landscape.

Europe Passion Fruit Price

European passion fruit prices are examined, highlighting the market-specific influences in the region, such as stringent environmental regulations, the competitive landscape, and import-export imbalances that significantly affect pricing structures.

Detailed price information for passion fruit can also be provided for an extensive list of European countries.

North America Passion Fruit Price

The analysis of passion fruit prices in North America delves into the regional industry dynamics, encompassing the impact of local production and the trade flows between North America and other significant global markets.

Specific passion fruit historical data within the United States and Canada can also be provided.

Middle East and Africa Passion Fruit Price

The report explores the passion fruit pricing trends in the Middle East and Africa, considering factors like the availability of natural resources, and geopolitical tensions that uniquely influence market prices.

Region-wise data and information on specific countries within these regions can also be provided.

Asia Pacific Passion Fruit Price

The passion fruit pricing trends in the Asia Pacific are examined, reflecting the role of the region as a major global producer and consumer of agricultural products, with price dynamics heavily influenced by supply chain efficiencies, regional demand surges, and policy shifts in major economies.

This passion fruit price analysis can be expanded to include a comprehensive list of countries within the region.

Latin America Passion Fruit Price

The analysis of passion fruit prices in Latin America provides a detailed overview, reflecting the unique market dynamics in the region influenced by economic policies, agricultural output, and trade frameworks.

This comprehensive review can be extended to include specific countries within Latin America.

Report Coverage

Key Benefits for Stakeholders:

• IMARC’s report presents a detailed analysis of passion fruit pricing, covering global and regional trends, spot prices at key ports, and a breakdown of FOB and CIF prices.
• The study examines factors affecting passion fruit price trend, including input costs, supply-demand shifts, and geopolitical impacts, offering insights for informed decision-making.
• The competitive landscape review equips stakeholders with crucial insights into the latest market news, regulatory changes, and technological advancements, ensuring a well-rounded, strategic overview for forecasting and planning.
• IMARC offers various subscription options, including monthly, quarterly, and biannual updates, allowing clients to stay informed with the latest market trends, ongoing developments, and comprehensive market insights. The passion fruit price charts ensure our clients remain at the forefront of the industry.