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Durian Fruit Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2023-2027

  • Published: Jan 2023
  • Pages: 149
  • SKU: IRTNTR70951
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The durian fruit market is estimated to grow at a CAGR of 8.12% between 2022 and 2027. The size of the market is forecast to increase by USD 9,891.81 million. The growth of the market depends on serval factors, including the rise in veganism, the growing popularity of durian fruit, and the expansion of the durian fruit market. 

This report extensively covers market segmentation by product (frozen pulp and paste and whole fruit), distribution channel (offline and online), and geography (APAC, North America, Europe, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Durian Fruit Market During the Forecast Period?

Durian Fruit Market Size

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Parent Market Analysis

Technavio categorizes the global durian fruit market as a part of the global packaged foods and meats under the global food products segment of the global food, beverage, and tobacco market. The global packaged foods and meats products market covers manufacturers or food processing vendors that are involved in food processing to eliminate microorganisms and extend shelf life.  Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Durian Fruit Market: Key Drivers, Trends, Challenges, and Customer Landscape

The rise in veganism is notably driving the market growth, although factors such as challenges in small-scale farming may impede the market growth. Our researchers analyzed the data with 2022 as the base year and the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Durian Fruit Market Driver

The rise in veganism is notably driving market growth. With the rising number of people following the vegan lifestyle, the demand for nutritional fruits, such as durian fruit, is increasing. Veganism is a way of life that excludes all forms of animal exploitation and cruelty for producing products such as food and clothing. Some health benefits of following a vegan diet are vegan diet is rich in fiber, antioxidants, potassium, magnesium, folate, and vitamins A, C, and E, it helps in losing weight, helps improve kidney functions, lowers blood sugar levels, and lowers the risk of heart disease.

With the increasing opposition to animal cruelty and the health benefits of vegan food, the number of people following a vegan lifestyle is expected to increase in several countries. For instance, as of January 2021, the total number of vegans in the world was nearly 79 million, which is 3% higher than the total vegan population in 2020 worldwide. Therefore, such a scenario will further strengthen the market during the forecast period.

Significant Durian Fruit Market Trend

The growth in organized retailing globally is an emerging trend in the market. Organized retailing has grown globally with the setting up of more supermarkets, hypermarkets, and specialty food stores across the world. The number of supermarkets is increasing globally. Organized retailing is penetrating deep into countries such as Brazil, South Africa, Germany, the UK, China, Poland, Spain, France, Mexico, Japan, South Korea, Australia, Portugal, Turkey, Israel, and Russia.

Moreover, in India, the growth rate of supermarkets is increasing exponentially and is primarily attributed to growing urbanization and the rising disposable income of people. Urbanization in India is expected to increase during the forecast period. It is estimated that by 2035, India will account for around 675 million of the global urban population, which would present substantial opportunities for market players to tap into the country's immense growth potential. Thus, the growth in organized retailing worldwide is expected to drive the growth of the global market during the forecast period.

Major  Durian Fruit Market Challenge

The challenges in small-scale farming are major issues impeding market growth. There are some prominent challenges, like the need for a supportive environment to boost consumer demand for durian fruit. Due to their high perishability, durian fruit is susceptible to food loss and waste. Farmers must be integrated with reliable value chains and food systems in urban areas and cities in order to meet the demand for durian fruits. This is necessary to guarantee that freshly harvested produce is kept cool, handled with care and speed, and delivered to markets without any deterioration in its quality.

Additionally, since fruits and vegetables are frequently consumed raw, extra care must be taken to ensure food safety by lowering the risk of contamination with insects, diseases, and foodborne pathogens, as well as chemicals (pesticides and mycotoxins). These markets, which are regulated and where durian fruits are traded, ensure maximum safety. Therefore, these factors are expected to hinder the growth of the market in focus during the forecast period.

Key Durian Fruit Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Durian Fruit Market Share by Geography

Global Durian Fruit Market Customer Landscape

Who are the Major Durian Fruit Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Inter fresh Co. Ltd. - The company operates under one segment. The company under this segment offers Thai fruits such as longans, mangosteens, and lychees which are exported, and imports fruits from overseas which are apples, pears, grapes, pomegranates, persimmons, plums, and others. The key offerings of the company include durian fruits. 

The report also includes detailed analyses of the competitive landscape of the market and information about 11 market vendors, including:

  • Charoen Pokphand Group Co. Ltd.
  • Durian Harvests
  • DURIAN BEAR Sdn Bhd
  • Hernan Corp. Sdn Bhd
  • NAM VAN LONG Co. Ltd.
  • SunFresh Fruit Hub Sdn Bhd
  • Sunshine International Co. Ltd.
  • Thai Agri Foods Public Co. Ltd.
  • Top Fruits Sdn Bhd
  • TRL Sdn Bhd
  • Grand World International Co. Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Durian Fruit Market?

The market share growth by the frozen pulp and paste segment will be significant during the forecast period. The frozen pulp and paste product type segment accounted for the highest share of 67.24% of the global market in 2022. Since the cultivation of durian fruit is largely confined to a small number of countries, particularly Malaysia and Thailand, the commodity has to be exported frozen and as a paste.

Durian Fruit Market Size

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The frozen pulp and paste segment was valued at USD 11,207.96 million in 2017 and continued to grow until 2021As a result of its longer shelf life and smaller footprint, frozen fruit pulp and paste have experienced substantial growth in demand and sales globally. In addition, it is easier to consume frozen pulp than whole fruit. In order to give food an exotic flavor, durian pulp is also added to a variety of dishes, including pizza, yogurt, and ice cream. The reach of the global market has been expanding worldwide due to the product increasing use in the food industry due to its unique flavor. This segment is expected to grow at a CAGR of 8.01% between 2022 and 2027. Therefore, these factors are expected to drive the growth of the frozen pulp and paste segment, hence propelling the growth of the market in focus during the forecast period.

Which are the Key Regions for the Durian Fruit Market?

Durian Fruit Market Share by Geography

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APAC is estimated to contribute 84% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Durian fruit is mainly grown in Southeast Asia. Countries such as Thailand, Malaysia, and Indonesia are the major producers of durian fruit. This factor majorly contributed to high exports and market revenue. According to Datuk Seri Ahmad Hamzah, Malaysia's Deputy Minister of Agriculture and Food Industries, the country's durian exports had achieved a 107% increase over the previous five years. In 2020, the top 5 importers of Malaysian durian fruits were Hong Kong, Mainland China, Singapore, the US, and Australia. Moreover, government support, such as tax exclusion on durian exports, to enhance the competitiveness of Malaysian durians in the international arena is another factor contributing to the growth of the market in Malaysia. 

Furthermore, companies adopting new marketing strategies will anticipate future revenue pockets for the market in focus. For instance, in 2019, DiMuto, a supply chain technology company from Singapore, announced a partnership with Thailand fresh durian exporter, Queen Frozen Fruit, by tagging, tracking, and tracing around 4 million durians from Thailand to China, Japan, and other parts of Asia. This transformed Thailand durians into traceable digital assets. Hence, such factors will boost the regional market during the forecast period. 

The market witnessed a slight reduction in growth amid the COVID-19 outbreak in 2020. However, in 2021, the initiation of vaccination drives by the governments of APAC countries led to the lifting of lockdown restrictions and the resumption of activities in offline retail channels. This increased the demand for durian fruit in offline channels. Moreover, the demand for jams, sweets, creams, and other products in APAC is expected to register high year-over-year growth during the forecast period due to the presence of some of the fastest-growing markets, such as China and India. In addition, rising awareness about the health benefits of durian fruit, such as improved digestion, regulation of blood pressure levels and blood sugar levels, and many more, is another major driving factor for the market in APAC. Thus, such factors are expected to drive the growth of the regional market during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Frozen pulp and paste
    • Whole fruit
  • Distribution Channel Outlook (USD Million, 2017 - 2027)
    • Offline
    • Online
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Chile
      • Brazil
      • Argentina

Durian Fruit Market Scope

Report Coverage

Details

Page number

149

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8.12%

Market growth 2023-2027

USD 9,891.81 million

Market structure

Fragmented

YoY growth 2022-2023(%)

7.43

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 84%

Key countries

China, Vietnam, Hong Kong, Singapore, and Malaysia

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Charoen Pokphand Group Co. Ltd., Durian Harvests, DURIAN BEAR Sdn Bhd, Grand World International Co. Ltd., Hernan Corp. Sdn Bhd, Inter fresh Co. Ltd., NAM VAN LONG Co. Ltd., SunFresh Fruit Hub Sdn Bhd, Sunshine International Co. Ltd., Thai Agri Foods Public Co. Ltd., Top Fruits Sdn Bhd, and TRL Sdn Bhd

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Durian Fruit Market Report?

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

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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 Product
    • 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 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • 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 durian fruit market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global durian fruit market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Distribution Channel Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Distribution Channel Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    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 Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Frozen pulp and paste - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Frozen pulp and paste - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Frozen pulp and paste - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Frozen pulp and paste - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Frozen pulp and paste - Year-over-year growth 2022-2027 (%)
    • 6.4 Whole fruit - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Whole fruit - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Whole fruit - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Whole fruit - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Whole fruit - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)

    7 Market Segmentation by Distribution Channel

    • 7.1 Market segments
      • Exhibit 43: Chart on Distribution Channel - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Distribution Channel - Market share 2022-2027 (%)
    • 7.2 Comparison by Distribution Channel
      • Exhibit 45: Chart on Comparison by Distribution Channel
      • Exhibit 46: Data Table on Comparison by Distribution Channel
    • 7.3 Offline - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Offline - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Offline - Year-over-year growth 2022-2027 (%)
    • 7.4 Online - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Online - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Online - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Online - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Distribution Channel
      • Exhibit 55: Market opportunity by Distribution Channel ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 Vietnam - Market size and forecast 2022-2027
      • Exhibit 85: Chart on Vietnam - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on Vietnam - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on Vietnam - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on Vietnam - Year-over-year growth 2022-2027 (%)
    • 9.10 Hong Kong - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Hong Kong - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Hong Kong - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Hong Kong - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Hong Kong - Year-over-year growth 2022-2027 (%)
    • 9.11 Singapore - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Singapore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Singapore - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Singapore - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Singapore - Year-over-year growth 2022-2027 (%)
    • 9.12 Malaysia - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Malaysia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Malaysia - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Malaysia - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Malaysia - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 Charoen Pokphand Group Co. Ltd.
              • Exhibit 108: Charoen Pokphand Group Co. Ltd. - Overview
              • Exhibit 109: Charoen Pokphand Group Co. Ltd. - Product / Service
              • Exhibit 110: Charoen Pokphand Group Co. Ltd. - Key offerings
            • 12.4 Durian Harvests
              • Exhibit 111: Durian Harvests - Overview
              • Exhibit 112: Durian Harvests - Product / Service
              • Exhibit 113: Durian Harvests - Key offerings
            • 12.5 DURIAN BEAR Sdn Bhd
              • Exhibit 114: DURIAN BEAR Sdn Bhd - Overview
              • Exhibit 115: DURIAN BEAR Sdn Bhd - Product / Service
              • Exhibit 116: DURIAN BEAR Sdn Bhd - Key offerings
            • 12.6 Grand World International Co. Ltd.
              • Exhibit 117: Grand World International Co. Ltd. - Overview
              • Exhibit 118: Grand World International Co. Ltd. - Product / Service
              • Exhibit 119: Grand World International Co. Ltd. - Key offerings
            • 12.7 Hernan Corp. Sdn Bhd
              • Exhibit 120: Hernan Corp. Sdn Bhd - Overview
              • Exhibit 121: Hernan Corp. Sdn Bhd - Product / Service
              • Exhibit 122: Hernan Corp. Sdn Bhd - Key offerings
            • 12.8 Inter fresh Co. Ltd.
              • Exhibit 123: Inter fresh Co. Ltd. - Overview
              • Exhibit 124: Inter fresh Co. Ltd. - Product / Service
              • Exhibit 125: Inter fresh Co. Ltd. - Key offerings
            • 12.9 NAM VAN LONG Co. Ltd.
              • Exhibit 126: NAM VAN LONG Co. Ltd. - Overview
              • Exhibit 127: NAM VAN LONG Co. Ltd. - Product / Service
              • Exhibit 128: NAM VAN LONG Co. Ltd. - Key offerings
            • 12.10 SunFresh Fruit Hub Sdn Bhd
              • Exhibit 129: SunFresh Fruit Hub Sdn Bhd - Overview
              • Exhibit 130: SunFresh Fruit Hub Sdn Bhd - Product / Service
              • Exhibit 131: SunFresh Fruit Hub Sdn Bhd - Key offerings
            • 12.11 Sunshine International Co. Ltd.
              • Exhibit 132: Sunshine International Co. Ltd. - Overview
              • Exhibit 133: Sunshine International Co. Ltd. - Product / Service
              • Exhibit 134: Sunshine International Co. Ltd. - Key offerings
            • 12.12 Thai Agri Foods Public Co. Ltd.
              • Exhibit 135: Thai Agri Foods Public Co. Ltd. - Overview
              • Exhibit 136: Thai Agri Foods Public Co. Ltd. - Product / Service
              • Exhibit 137: Thai Agri Foods Public Co. Ltd. - Key offerings
            • 12.13 Top Fruits Sdn Bhd
              • Exhibit 138: Top Fruits Sdn Bhd - Overview
              • Exhibit 139: Top Fruits Sdn Bhd - Product / Service
              • Exhibit 140: Top Fruits Sdn Bhd - Key offerings
            • 12.14 TRL Sdn Bhd
              • Exhibit 141: TRL Sdn Bhd - Overview
              • Exhibit 142: TRL Sdn Bhd - Product / Service
              • Exhibit 143: TRL Sdn Bhd - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 144: Inclusions checklist
                • Exhibit 145: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 146: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 147: Research methodology
                • Exhibit 148: Validation techniques employed for market sizing
                • Exhibit 149: Information sources
              • 13.5 List of abbreviations
                • Exhibit 150: List of abbreviations
              • food allergy among consumers: There is an increase in the number of people suffering from food allergies globally. Food allergy is caused when the immune system reacts to the ingestion of certain foods. Ingredients of packaged foods and meats that can create allergic reactions in some people include (but are not limited to) milk, eggs, fish, crustacean shellfish (e.g., crab, lobster, and shrimp), tree nuts (e.g., almonds, walnuts, and pecan), peanuts, wheat, and soybeans. Even consumption of small amounts of food allergens can trigger signs and symptoms such as digestive problems, hives, and swollen airways. In some people, a food allergy can cause severe symptoms, or even a life-threatening reaction is, known as anaphylaxis. For example, in the US, nearly 3% of the adult population suffers from shellfish allergy.

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Durian Fruit market growth will increase by $9891.81 million during 2023-2027.
                The durian fruit market is expected to grow at a CAGR of 8.12% during 2023-2027.
                Technavio has segmented the durian fruit market by product (Frozen pulp, paste, and Whole fruit) ,distribution channel (Offline, Online, Europe, MEA, and South America) , and geography (APAC, North America, Europe, Middle East and Africa, and South America).
                Charoen Pokphand Group Co. Ltd., Durian Harvests, DURIAN BEAR Sdn Bhd, Grand World International Co. Ltd., Hernan Corp. Sdn Bhd, Inter fresh Co. Ltd., NAM VAN LONG Co. Ltd., SunFresh Fruit Hub Sdn Bhd, Sunshine International Co. Ltd., Thai Agri Foods Public Co. Ltd., Top Fruits Sdn Bhd, TRL Sdn Bhd are a few of the key vendors in the durian fruit market.
                APAC will register the highest growth rate of 83.9% among the other regions. Therefore, the durian fruit market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
                • China
                • Vietnam
                • Hong Kong
                • Singapore
                • Malaysia
                The key factors driving the durian fruit market growth are:
                • Rise in veganism
                • Growing demand for organic durian fruits
                The durian fruit market vendors should focus on grabbing business opportunities from the frozen pulp segment as it accounted for the largest market share in the base year.
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