NEW YORK, May 29, 2023 /PRNewswire/ -- The global papaya market size is estimated to grow by 2,852.59 thousand tons from 2022 to 2027, according to Technavio. The market is estimated to grow at a CAGR of 3.61%, during the forecast period. APAC is estimated to account for 46% of the global market during the forecast period. Domestic demand for papaya is strong in India because of its sizeable population, significant increase in per capita income, and growing interest in healthier foods. Recent gains in global papaya production are mainly the result of India's significant growth in harvested area and fruit yield. Furthermore, exports from APAC are made to countries in North America, such as the US, which imported 177,933 tons of papaya in 2020 and has the largest global share in papaya imports. Hence, such factors will increase the market growth in this region during the forecast period. For more insights on the historic period (2017 to 2021) and forecast market size (2023 to 2027) - Request a sample report

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• Special coverage on the Russia-Ukraine war; global inflation; recovery analysis from COVID-19; supply chain disruptions, global trade tensions; and risk of recession 
• Global competitiveness and key competitor positions 
• Market presence across multiple geographical footprints - Strong/Active/Niche/Trivial - buy the report!

Papaya Market - Segmentation Assessment
Segment Overview
Technavio has segmented the market based on application (pharmaceutical and healthcare, cosmetics, and others), distribution channel (offline and online), and geography (APAC, Middle East and Africa, South America, North America, and Europe).

• The market share growth by the pharmaceutical and healthcare segment will be significant for overall market growth during the forecast period. Papaya extract has been shown to be beneficial in treating health conditions like asthma, heart disease, and digestive disorders and also helps control glucose levels in the body. This usage is expected to increase during the forecast period. For example, Micro Labs Ltd., a Bangalore-based pharmaceutical company, has launched its product Caripill. It is made from papaya extracts and the product will help increase the platelet count in people with dengue. Hence, such factors will increase the segment's growth during the forecast period. 

Insights on the market contribution of various segments including country and region wise, historic (2017 to 2021) and forecast market size (2023 to 2027) - Download a Sample Report

Papaya Market – Market Dynamics

Key factor driving market growth

Growing demand for papaya pulp is the major driving factor for the growth of the global papaya market. Papaya puree is a common ingredient among infant food products such as baby food, toddler food, and junior food. It supplies vital nutrients to the infants and aids in the development of their immune systems. The pulp is a common ingredient in baked goods and snacks including pizza, pastries, cookies, bread, cakes, and chocolates. 

Papaya pulp is known to offer bakery and snacks product a sweet and tangy flavor. Moreover, ice creams and yogurt products such as frozen yogurt, sherbet, and sorbet use papaya pulp as an ingredient. Hence, such wide ranges of usage in different products drive the demand for the papaya market during the forecast period.

Leading trends influencing the market 

Growing demand for organic fruits is one of the primary trends in the enterprise indoor global papaya market. A busy lifestyle drives consumers' demand for easy-to-handle and convenient foods. Pesticide-free and chemical-free fruits are also in demand.

As consumers tend to buy nutritious, high-quality organic fruits, several vendors are working to understand the growing need for nutritious foods and are developing new varieties of organic fruit. Thus, it becomes more and more popular around the world because it is produced without the use of substances, or genetic engineering. Hence, the rise in the demand for organic fruits will drive the growth of the global papaya market during the forecast period.

Major challenges hindering the market growth

High dependence on weather conditions is a major challenge hindering the growth of the global papaya market. Globally, climatic conditions are changing with severe droughts and floods in different parts of the world. Furthermore, weather conditions in the past few years have severely affected papaya production in India.

Indian papaya growers are incurring major crop and profit losses due to climatic changes. Resultantly, papaya harvests are getting wiped out entirely. Hence, the decrease in the production of papaya due to natural calamities, such as drought and floods, and adverse weather conditions can negatively impact the global papaya market during the forecast period.

Insights on Market Drivers, trends, & Challenges, historic period(2017 to 2021) and forecast period(2023 to 2027)- Request a sample report!

What are the key data covered in this Papaya Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the papaya market between 2023 and 2027
• Precise estimation of the size of the papaya market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the papaya market across APAC, Middle East and Africa, South America, North America, and Europe
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of papaya market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• • Exhibit 01: Executive Summary – Chart on Market Overview
  • Exhibit 02: Executive Summary – Data Table on Market Overview
  • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
  • Exhibit 04: Executive Summary – Chart on Market by Geography
  • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
  • Exhibit 06: Executive Summary – Chart on Market Segmentation by Distribution Channel
  • Exhibit 07: Executive Summary – Chart on Incremental Growth
  • Exhibit 08: Executive Summary – Data Table on Incremental Growth
  • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• • Exhibit 10: Parent market
  • Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• • Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• • Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 16: Chart on Global Market- Year-over-year growth 2022-2027 (%)
  • Exhibit 17: Data Table on Global Market- Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global papaya market 2017 - 2021 
• • Exhibit 18: Historic Market Size – Data Table on Global papaya market 2017 - 2021 (thousand t)

• 4.2 Application Segment Analysis 2017 - 2021 
• • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 (thousand t)

• 4.3 Distribution channel Segment Analysis 2017 - 2021 
• • Exhibit 20: Historic Market Size – Distribution channel Segment 2017 - 2021 (thousand t)

• 4.4 Geography Segment Analysis 2017 - 2021 
• • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 (thousand t)

• 4.5 Country Segment Analysis 2017 - 2021 
• • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 (thousand t)

5 Five Forces Analysis

• 5.1 Five forces summary
• • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments
• • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
  • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• • Exhibit 32: Chart on Comparison by Application
  • Exhibit 33: Data Table on Comparison by Application

• 6.3 Pharmaceutical and healthcare - Market size and forecast 2022-2027 
• • Exhibit 34: Chart on Pharmaceutical and healthcare - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 35: Data Table on Pharmaceutical and healthcare - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 36: Chart on Pharmaceutical and healthcare - Year-over-year growth 2022-2027 (%)
  • Exhibit 37: Data Table on Pharmaceutical and healthcare - Year-over-year growth 2022-2027 (%)

• 6.4 Cosmetics - Market size and forecast 2022-2027 
• • Exhibit 38: Chart on Cosmetics - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 39: Data Table on Cosmetics - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 40: Chart on Cosmetics - Year-over-year growth 2022-2027 (%)
  • Exhibit 41: Data Table on Cosmetics - Year-over-year growth 2022-2027 (%)

• 6.5 Others - Market size and forecast 2022-2027 
• • Exhibit 42: Chart on Others - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 43: Data Table on Others - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 44: Chart on Others - Year-over-year growth 2022-2027 (%)
  • Exhibit 45: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Application 
• • Exhibit 46: Market opportunity by Application (thousand t)
  • Exhibit 47: Data Table on Market opportunity by Application (thousand t)

7 Market Segmentation by Distribution Channel

• 7.1 Market segments
• • Exhibit 48: Chart on Distribution Channel - Market share 2022-2027 (%)
  • Exhibit 49: Data Table on Distribution Channel - Market share 2022-2027 (%)

• 7.2 Comparison by Distribution Channel 
• • Exhibit 50: Chart on Comparison by Distribution Channel
  • Exhibit 51: Data Table on Comparison by Distribution Channel

• 7.3 Offline - Market size and forecast 2022-2027 
• • Exhibit 52: Chart on Offline - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 53: Data Table on Offline - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 54: Chart on Offline - Year-over-year growth 2022-2027 (%)
  • Exhibit 55: Data Table on Offline - Year-over-year growth 2022-2027 (%)

• 7.4 Online - Market size and forecast 2022-2027 
• • Exhibit 56: Chart on Online - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 57: Data Table on Online - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 58: Chart on Online - Year-over-year growth 2022-2027 (%)
  • Exhibit 59: Data Table on Online - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Distribution Channel 
• • Exhibit 60: Market opportunity by Distribution Channel (thousand t)
  • Exhibit 61: Data Table on Market opportunity by Distribution Channel (thousand t)

8 Customer Landscape

• 8.1 Customer landscape overview 
• • Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• • Exhibit 63: Chart on Market share by geography 2022-2027 (%)
  • Exhibit 64: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• • Exhibit 65: Chart on Geographic comparison
  • Exhibit 66: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027 
• • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
  • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Middle East and Africa - Market size and forecast 2022-2027 
• • Exhibit 71: Chart on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 72: Data Table on Middle East and Africa - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 73: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  • Exhibit 74: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.5 South America - Market size and forecast 2022-2027 
• • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
  • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.6 North America - Market size and forecast 2022-2027 
• • Exhibit 79: Chart on North America - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 80: Data Table on North America - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 81: Chart on North America - Year-over-year growth 2022-2027 (%)
  • Exhibit 82: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.7 Europe - Market size and forecast 2022-2027 
• • Exhibit 83: Chart on Europe - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 84: Data Table on Europe - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 85: Chart on Europe - Year-over-year growth 2022-2027 (%)
  • Exhibit 86: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.8 India - Market size and forecast 2022-2027 
• • Exhibit 87: Chart on India - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 88: Data Table on India - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 89: Chart on India - Year-over-year growth 2022-2027 (%)
  • Exhibit 90: Data Table on India - Year-over-year growth 2022-2027 (%)

• 9.9 Dominican Republic - Market size and forecast 2022-2027 
• • Exhibit 91: Chart on Dominican Republic - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 92: Data Table on Dominican Republic - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 93: Chart on Dominican Republic - Year-over-year growth 2022-2027 (%)
  • Exhibit 94: Data Table on Dominican Republic - Year-over-year growth 2022-2027 (%)

• 9.10 Brazil - Market size and forecast 2022-2027 
• • Exhibit 95: Chart on Brazil - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 96: Data Table on Brazil - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 97: Chart on Brazil - Year-over-year growth 2022-2027 (%)
  • Exhibit 98: Data Table on Brazil - Year-over-year growth 2022-2027 (%)

• 9.11 Mexico - Market size and forecast 2022-2027 
• • Exhibit 99: Chart on Mexico - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 100: Data Table on Mexico - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 101: Chart on Mexico - Year-over-year growth 2022-2027 (%)
  • Exhibit 102: Data Table on Mexico - Year-over-year growth 2022-2027 (%)

• 9.12 Indonesia - Market size and forecast 2022-2027 
• • Exhibit 103: Chart on Indonesia - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 104: Data Table on Indonesia - Market size and forecast 2022-2027 (thousand t)
  • Exhibit 105: Chart on Indonesia - Year-over-year growth 2022-2027 (%)
  • Exhibit 106: Data Table on Indonesia - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• • Exhibit 107: Market opportunity by geography (thousand t)
  • Exhibit 108: Market opportunity by geography (thousand t) - Volume

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• • Exhibit 109: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• • Exhibit 111: Overview on factors of disruption

• 11.4 Industry risks
• • Exhibit 112: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• • Exhibit 113: Vendors covered

• 12.2 Market positioning of vendors 
• • Exhibit 114: Matrix on vendor position and classification

• 12.3 ABC Fruits
• • Exhibit 115: ABC Fruits - Overview
  • Exhibit 116: ABC Fruits - Product / Service
  • Exhibit 117: ABC Fruits - Key offerings

• 12.4 Brooks Tropicals LLC
• • Exhibit 118: Brooks Tropicals LLC - Overview
  • Exhibit 119: Brooks Tropicals LLC - Product / Service
  • Exhibit 120: Brooks Tropicals LLC - Key offerings

• 12.5 Calavo Growers Inc.
• • Exhibit 121: Calavo Growers Inc. - Overview
  • Exhibit 122: Calavo Growers Inc. - Business segments
  • Exhibit 123: Calavo Growers Inc. - Key news
  • Exhibit 124: Calavo Growers Inc. - Key offerings
  • Exhibit 125: Calavo Growers Inc. - Segment focus

• 12.6 Galla Foods
• • Exhibit 126: Galla Foods - Overview
  • Exhibit 127: Galla Foods - Product / Service
  • Exhibit 128: Galla Foods - Key offerings

• 12.7 Harvest Fresh Farms
• • Exhibit 129: Harvest Fresh Farms - Overview
  • Exhibit 130: Harvest Fresh Farms - Product / Service
  • Exhibit 131: Harvest Fresh Farms - Key offerings

• 12.8 Riverford Organic Farmers Ltd. 
• • Exhibit 132: Riverford Organic Farmers Ltd. - Overview
  • Exhibit 133: Riverford Organic Farmers Ltd. - Product / Service
  • Exhibit 134: Riverford Organic Farmers Ltd. - Key offerings

• 12.9 RK Growers Srl
• • Exhibit 135: RK Growers Srl - Overview
  • Exhibit 136: RK Growers Srl - Product / Service
  • Exhibit 137: RK Growers Srl - Key offerings

• 12.10 Super Starr International 
• • Exhibit 138: Super Starr International - Overview
  • Exhibit 139: Super Starr International - Product / Service
  • Exhibit 140: Super Starr International - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• • Exhibit 141: Inclusions checklist
  • Exhibit 142: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• • Exhibit 143: Currency conversion rates for US$

• 13.4 Research methodology
• • Exhibit 144: Research methodology
  • Exhibit 145: Validation techniques employed for market sizing
  • Exhibit 146: Information sources

• 13.5 List of abbreviations 
• • Exhibit 147: List of abbreviations 

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