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Sudachi Market Analysis

  • Report ID: GMI5043
  • Published Date: Apr 2021
  • Report Format: PDF

Sudachi Market Analysis

Sudachi market from juice is estimated to exceed USD 27,435 thousand and register over 1.4% CAGR through 2027. Sudachi is mostly consumed by consumers in juice type, due to its liquid form it is easy to blend as well as cook with all kinds of food items. Although its shelf life is less compared to sudachi powder, but its compatibility with food items makes it a better choice. Moreover, manufacturing of sudachi juice is less complicated and time consuming compared to puree and powder. Thus, this factor is helping the global industry expansion.
 

Global Sudachi Market

Sudachi market from food is anticipated to reach over USD 29,730 thousand by 2027. Sudachi flavour-based food products are gaining popularity in different categories of food segment, due to its high enriched benefits compare to lime. It also provides as natural flavor as well as taste to the product and enhances the overall appearance of the final food items. This factor is helping Sudachi to witness accelerated market share. Food industry is constantly innovating itself to fulfil the increasing demand of new flavors from consumers. This factor is helping Sudachi to accelerate their business landscape.
 

Desserts is the fastest growing sub-segment in food segment, this is due to increasing adoption of sudachi in ice-creams, mousse, ice pops and many more. Manufacturers are continuously experimenting with the food products to cater distinguish products to the consumers and have a competitive advantage. This factor is further propelling the market to grow in the forcible time frame.
 

North America Sudachi Market

North America Sudachi market is estimated to reach over USD 12,070 thousand with a CAGR of over 2% between 2021 and 2027. North America is projected to reflect high demand for natural citrus flavours over the next few years due to the coronavirus outbreak. Citrus fruits contain high vitamins which helps to boost the immunity of a person if consumed on regular basis. They help to fight from germs and helps body to repair. This is helping the regional market to expand and acquire more business share in the next few years.
 

Moreover, US have high acceptance of Japanese and South East cuisine.  This is due to increasing popularity of low-calorie food products and rising awareness of health benefits. This factor is proving as a positive scenario for the North American market to expand in the forcible period. Currently, US accounts for the major market share as well as is expected to have the highest CAGR during the forecast period. This is due to high adoption rate of exotic flavours as well as increasing production of sudachi in the California farms.

Authors: Kunal Ahuja, Sarita Bayas

Frequently Asked Questions (FAQ) :

Sudachi industry generated USD 47,825 thousand in revenue in 2020 and will record a 1.5% CAGR up to 2027 with gaining acceptance as a natural citrus flavouring agent in food and beverage sector.

Sudachi market size from juice segment is projected to hit USD 27,435 thousand at a steady CAGR of 1.4% through 2027.

Sudachi industry share from food applications could reach over USD 29,730 thousand by 2027 due to numerous health benefits compared to lime and other citrus flavouring agents.

The market for sudachi in North America is likely to reach a valuation of USD 12,070 thousand with about 2% CAGR between 2021 and 2027.

Sudachi Market Scope

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Premium Report Details

  • Base Year: 2020
  • Companies covered: 10
  • Tables & Figures: 121
  • Countries covered: 14
  • Pages: 300
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