According to the research report titled ‘Global Dragon Fruit Market by Type (Hylocereus undatus, Hylocereus costaricensis ,and Hylocereus megalanthus), Application (Direct Consumption, Jams, Sauce, Ice cream, Salad, and Others) and Distribution channel{Store-Based (Supermarkets & Hypermarkets, Convenience Stores, and Others, Non Store-Based), Regional Forecasts 2021-2027’, available with MarketStudyReport, global dragon fruit market is anticipated to develop at a year-over-year growth rate of more than 3.9% over the forecast timeframe 2021-2027.
 

As per the findings of the report, global dragon fruit market is majorly driven by rising product demand owing to nutritional benefits like high content of fiber and antioxidant which help in lowering cancer risk. Besides, rising disposable income is enhancing the industry outlook. However, expensive fruit cost might limit the market expansion between 2021-2027.
 

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/4285142/
 

From a regional perspective, as per the report, global dragon fruit market size spans across North America (U.S., Canada), Europe (UK, Germany, Spain, France, Italy, ROE), Asia Pacific (Japan, China, South Korea, India, ROAPAC), and Latin America (Mexico and Brazil).
 

Vietnam, China, and Indonesia are the top dragon fruit-producing countries in Asia Pacific market. Among these regions, Vietnam alone produced more than 50% of the world's dragon fruit production, majority of which was exported rather than consumed domestically.
 

In fact, Ministry of Industry and Trade of Vietnam claims that the country exports 80% of its total dragon fruits to China, which purchased 99% of the dragon fruits from Vietnam owing to its great production and economic value.
 

In 2019, the total area for the fruit cultivation in Vietnam was more than 55,000 hectares, with the red flesh type accounting for 4.5% of the output while the white flesh variety represented 95% of the total.
 

Based on competitive landscape, Light Cellar, Hybrid Herbs Ltd., Raw Nice, Bai Brands (Dr Pepper Snapple Group, Inc.), Madam Sun Sdn.Bhd, Biourah Herbal (M) Sdn Bhd, Nam Viet Foods & Beverage Co. Ltd., Welch Foods Inc., Pitaya Plus, and Great Sun Pitaya Farm Sdn. Bhd. are among the major companies influencing the worldwide dragon fruit market dynamics.