Pineapple Market Size (2024 - 2029)

The market size of the Pineapple industry is experiencing significant growth, driven by increasing consumer demand and awareness, as well as robust investment from private entities. The industry is dominated by a few key producing countries, primarily located in tropical regions, which supply both fresh fruit markets and the processing industry. The market also sees a rising demand from Europe, which relies heavily on tropical countries for supply. The United States and the Netherlands are notable for their high levels of pineapple imports.

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Market Size of Pineapple Industry

Pineapple Market Summary
Study Period 2018 - 2028
Market Size (2023) USD 27.08 Billion
Market Size (2028) USD 36.80 Billion
CAGR (2023 - 2028) 6.33 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
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Pineapple Market Analysis

The Pineapple Market size is expected to grow from USD 27.08 billion in 2023 to USD 36.80 billion by 2028, at a CAGR of 6.33% during the forecast period (2023-2028).

  • The pineapple market has immense opportunities owing to the demand for the product, increased awareness among consumers, and growth in investments from private investors and companies.
  • In 2021, Costa Rica, Indonesia, and the Philippines were the top three pineapple producers worldwide. These countries produce the fruit primarily for fresh fruit markets and the processing industry. Pineapple production is concentrated in the tropical regions of the world. The smooth Cayenne cultivar is extensively cultivated in many tropical countries like Hawaii, the Philippines, Australia, South Africa, Puerto Rico, Kenya, Mexico, Cuba, and Formosa. Costa Rica produced 2.9 million metric tons of pineapples in 2021.
  • Lampung, East Java, West Java, and Riau are some of the provinces with the largest pineapple plantation area in Indonesia. Great Gaint Pineapple company in Lampung province controls pineapple production in the area and exports pineapples to various countries.
  • The demand for pineapples in Europe has been growing in recent years, and it relies on many tropical countries to meet the demand. Costa Rica and the Philippines are the main exporters of fruit in the world, while the United States and the Netherlands are the top importers of pineapple.

Pineapple Industry Segmentation

Pineapple is a tropical monocotyledonous plant that has rigid spiny-margined recurved leaves and a short stalk with a dense oblong head of small abortive flowers. 

The pineapple market is segmented is based on geography into North America, Europe, Asia-Pacific, South America, and Africa. The report offers production analysis (volume), consumption analysis (value and volume), export analysis (value and volume), import analysis (value and volume), and price trend analysis.

The report also offers the market sizing in terms of value (USD million) and volume (metric ton).

Geography
North America
United States
Costa Rica
Mexico
Rest of North America
Europe
Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia
India
Indonesia
Philippines
Rest of Asia
South America
Brazil
Argentina
Middle-East and Africa
Nigeria
South Africa
Rest of Middle-East and Africa

Pineapple Market Size Summary

The pineapple market is experiencing significant growth due to increased demand for the product, heightened consumer awareness, and a surge in investments from private investors and companies. The top three pineapple producers worldwide are Costa Rica, Indonesia, and the Philippines, which primarily supply the fresh fruit markets and the processing industry. Pineapple production is predominantly located in tropical regions, with the smooth Cayenne cultivar being widely cultivated in countries such as Hawaii, the Philippines, Australia, South Africa, Puerto Rico, Kenya, Mexico, Cuba, and Formosa. The demand for pineapples, particularly fresh fruits, is on the rise, especially in Europe and North America, due to growing health and wellness concerns and a shift towards vegan foods. The increase in pineapple production globally is also driven by the fruit's demand in food processing industries for manufacturing various pineapple-based snacks. Furthermore, the use of pineapple in healthy snacks is expected to boost the fresh pineapple market growth. The Asia-Pacific region dominates the market in terms of pineapple production and consumption due to large local consumption and the highest area under pineapple production.

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Pineapple Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Value Chain/Supply Chain Analysis

  2. 2. MARKET SEGMENTATION (Production Analysis (Volume), Consumption Analysis (Volume and Value), Import Market Analysis (Volume and Value),Export Market Analysis (Value and Volume), and Price Trend Analysis

    1. 2.1 Geography

      1. 2.1.1 North America

        1. 2.1.1.1 United States

        2. 2.1.1.2 Costa Rica

        3. 2.1.1.3 Mexico

        4. 2.1.1.4 Rest of North America

      2. 2.1.2 Europe

        1. 2.1.2.1 Germany

        2. 2.1.2.2 United Kingdom

        3. 2.1.2.3 France

        4. 2.1.2.4 Russia

        5. 2.1.2.5 Spain

        6. 2.1.2.6 Rest of Europe

      3. 2.1.3 Asia

        1. 2.1.3.1 India

        2. 2.1.3.2 Indonesia

        3. 2.1.3.3 Philippines

        4. 2.1.3.4 Rest of Asia

      4. 2.1.4 South America

        1. 2.1.4.1 Brazil

        2. 2.1.4.2 Argentina

      5. 2.1.5 Middle-East and Africa

        1. 2.1.5.1 Nigeria

        2. 2.1.5.2 South Africa

        3. 2.1.5.3 Rest of Middle-East and Africa

Pineapple Market Size FAQs

The Pineapple Market size is expected to reach USD 27.08 billion in 2023 and grow at a CAGR of 6.33% to reach USD 36.80 billion by 2028.

In 2023, the Pineapple Market size is expected to reach USD 27.08 billion.

Pineapple Market Report Snapshots