Market Size of Pineapple Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 28.79 Billion |
| Market Size (2029) | USD 39.13 Billion |
| CAGR (2024 - 2029) | 6.33 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | Asia-Pacific |
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Pineapple Market Analysis
The Pineapple Market size is estimated at USD 28.79 billion in 2024, and is expected to reach USD 39.13 billion by 2029, growing at a CAGR of 6.33% during the forecast period (2024-2029).
- The pineapple market has immense opportunities owing to the demand for the product, increased awareness among consumers, and growth in investments from private investors and companies.
- In 2021, Costa Rica, Indonesia, and the Philippines were the top three pineapple producers worldwide. These countries produce the fruit primarily for fresh fruit markets and the processing industry. Pineapple production is concentrated in the tropical regions of the world. The smooth Cayenne cultivar is extensively cultivated in many tropical countries like Hawaii, the Philippines, Australia, South Africa, Puerto Rico, Kenya, Mexico, Cuba, and Formosa. Costa Rica produced 2.9 million metric tons of pineapples in 2021.
- Lampung, East Java, West Java, and Riau are some of the provinces with the largest pineapple plantation area in Indonesia. Great Gaint Pineapple company in Lampung province controls pineapple production in the area and exports pineapples to various countries.
- The demand for pineapples in Europe has been growing in recent years, and it relies on many tropical countries to meet the demand. Costa Rica and the Philippines are the main exporters of fruit in the world, while the United States and the Netherlands are the top importers of pineapple.
