February 16, 2022
According to the research report titled ‘Sudachi Market Size By Application Food (Deserts, Sauces & Dressings, Meat, Poultry & Seafood, Bakery and others), Beverage and Others), By Type (Juice, Puree and Others) Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Covid-19 Impact Analysis, Competitive Market Share & Forecast, 2021 – 2027’, available with MarketStudyReport, sudachi market is anticipated to witness significant growth through 2027.
Report findings suggest that widespread usage of product across application avenues like beverage, bakery items, seafood, sauces & dressings, desserts is impelling the growth of sudachi market.
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For the uninitiated, sudachi is a citrus fruit that is unique to Japan's Tokushima prefecture and is also known as citrus sudachi. It is grown and shipped as an unripe fruit with a blue peel, but when fully ripe, it turns yellow like an orange. If the fruit is grown in hothouses, it can be purchased all year. In terms of flavor, the fruit has a distinct refreshing aroma as well as a fragrant sourness similar to lime.
Based on application, the sauces & dressings sub-segment from the food segment is expected to witness 1.2% CAGR over the forecast time period. The product is used in ponzu, a refreshing sauce made of vinegar, yuzu, seaweeds, katsuobushi, and mirin.
The meat, poultry & seafood segment is anticipated to showcase 1.4% CAGR over the forthcoming time period, as sudachi is squeezed over grilled fish delicacies to lessen the fishy smell & taste and enhance fragrance with tangy flavor.
While the bakery vertical of worldwide sudachi industry is likely to witness a CAGR of 0.7% during the analysis timeframe, owing to use of sudachi juice in bakery items like cakes and pastries.
On the basis of type terrain, the others segment is expected to showcase a CAGR of more than 0.8% during the assessment period, as the outer layer of sudachi is widely used as a condiment for Japanese dishes.
Regionally speaking, Latin America market is slated to record a CAGR of 1.1% over the study period. Whereas, Middle East & Asia industry holds 0.9% revenue shares at present and is anticipated to grow at a constant pace over the coming years.
The key players in sudachi marketplace are Kaiser Foods, Inc., Ikeda Yakusou Co., Ltd., Yuzuya Honten Co., Ltd., Bando Foods Co., Ltd., Hikari (Kyorin Food Industries Ltd.), Ponthier, The Wasabi Company, Nishikidori, Yakami Orchards, and Nishiji Foods Co., Ltd.