US and Canada Dragon Fruit Market

Market Introduction

Dragon fruit, also called as pitaya, pithaya, or strawberry pear, is a fruiting tree that belongs to cactus family; its varieties belong to

Hylocereus spp

H

H

Selenicereus Megalanthus

US and Canada Dragon Fruit Strategic Insights

Strategic insights for the US and Canada Dragon Fruit provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

US and Canada Dragon Fruit Report Scope

US and Canada Dragon Fruit Regional Insights

The geographic scope of the US and Canada Dragon Fruit refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

The US and Canada dragon fruit market was valued at US$ 129.15 million in 2018 and is projected to reach US$ 194.10 million by 2027; it is expected to grow at a CAGR of 4.7% from 2019 to 2027.

Beneficial culinary and medical properties of dragon fruit and increasing focus on research and development related to it are the key factors driving the market growth.

Key Market Segments

The US and Canada dragon fruit market has been segmented into type and distribution channel. On the basis of type, the dragon fruit market is categorized into red dragon fruit, white dragon fruit, and yellow dragon fruit. In 2018, the white dragon fruit segment dominated the market. Based on distribution channel, the dragon fruit market is segmented into supermarkets/hypermarkets, convenience stores, online, and others; supermarkets/hypermarkets accounted for a major share of the market in 2018.

Impact of COVID-19

The COVID-19 pandemic has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Food & beverages is one of the major industries in the world facingserious disruptions such as supply chain breaks, events cancellations, and office shutdowns as a result of this outbreak.China is the global hub of manufacturing and largest raw material supplier for various industries, and it is also one of the worst affected countries. The lockdown of various plants and factories in China is affecting the global supply chains and negatively impacting the manufacturing, and sales of various food & beverages companies. The overall market collapse due to COVID-19 is also affecting the growth of the US and Canada dragon fruit market due to obstacles in supply chain and downturn in world economy.

Major Sources and Companies Listed

A few of the major primary and secondary sources for US and Canada dragon fruitmarket associated with the report are USDA (United States Department of Agriculture), CAB International (CABI), South Florida Dragon Fruit Association, and others. The major companies operating in the market are A Natural Farm; J & C Tropicals; Miami Fruit;Moonland Produce, Inc;and Frieda's;among others.

Reasons to Buy Report

• Understand the US and Canada dragon fruitmarket landscape and identifymarket segments that are most likely to guarantee a strong return
• Stay ahead of the race by comprehending the ever-changing competitive market landscape
• Efficiently plan merger and acquisition, and partnership dealsin the US and Canada dragon fruitmarket by identifying segments with the most promising probable sales
• Make knowledgeable business decisions from the perceptive and comprehensive analysis of market performance of various market segments
• Obtain market revenue forecast based on various segments from 2018 to 2027

US AND CANADA DRAGON FRUITMARKET SEGMENTATION

By Type

• White Dragon Fruit
• Red Dragon Fruit
• Yellow Dragon Fruit

By Distribution Channel

• Supermarkets and Hypermarkets
• Convenience stores
• Online
• Others

By Country

• US
• Canada

Company Profiles

• A Natural Farm
• J & C Tropicals
• Miami Fruit
• Moonland Produce, Inc
• Hoang Hau Dragon Fruit Farm Co., Ltd
• Frieda's
• Melissa's
• Freshway Produce