Durian Fruit Market

Global Durian Fruit Market Size (2023 to 2029)

Durian Fruit Market size was valued at USD 24.90 billion in 2024. The Durian Fruit market share value is expected to grow at a CAGR of 7.2% during the forecast period 2023-2028 to reach USD 30.44 billion by 2029. 

Durian, a distinctive tropical fruit renowned as the "king of fruits," enjoys popularity across Southeast Asia due to its exceptional characteristics. Encased in a formidable, spiky outer shell, this fruit stands out with its substantial size and intense aroma. Beyond its unique qualities, durian boasts an impressive nutritional profile, surpassing most other fruits in terms of nutrients. Notably, it contains an array of beneficial plant compounds, including anthocyanins, carotenoids, polyphenols, and flavonoids, many of which serve as potent antioxidants. Moreover, durian has found favor in the food industry as a sought-after flavoring agent. In recent times, it has emerged as a lucrative economic contributor for numerous countries, particularly in Southeast Asia. This global trade is presently dominated by two key players: China leads in import activities, while Thailand takes the lead in exports, closely followed by Malaysia. Furthermore, durian cultivation supports economic growth and the livelihoods of local farmers.

Durian, often hailed as the 'King of Fruits' in Southeast Asia, is characterized by its spiky, oblong shape. The Musang King Durian stands out as the most renowned variety of this fruit. Primarily cultivated in South Asian nations like Indonesia, Thailand, and Malaysia, durian enjoys widespread exportation to Western markets, fueled by its growing popularity. Consequently, the health advantages associated with durian are poised to offer numerous avenues for growth in the global market. Furthermore, the increasing incorporation of durian fruit into various food items, such as pies, cookies, coffee, and more, will provide an abundance of growth opportunities in the durian fruit market.

Global Durian Fruit Market Drivers:

The primary driving forces behind the Durian Fruit Market are the health advantages associated with this fruit. Durian is renowned for its potential to mitigate various health conditions and ailments. Notably, research has indicated that durian is a rich source of polyphenols, which can contribute to reducing the risk of diseases such as diabetes and obesity. Consequently, these factors are poised to significantly stimulate the growth of the durian fruit market.Furthermore, the increasing popularity of durian fruit among a substantial portion of the population, driven by its various benefits, including cancer prevention, antioxidant properties, anti-aging effects, and the maintenance of healthy blood sugar levels, is likely to fuel the durian fruit market.Additionally, the utilization of durian components is contributing to market expansion. For instance, a team of scientists in Singapore has developed antibacterial bandages from durian husk, enhancing the overall value proposition and growth trajectory of the durian fruit market.

Global Durian Fruit Market Restraints:

The Durian Fruit Market faces potential restraints to its growth, primarily stemming from inorganic agricultural practices. These practices introduce challenges such as the introduction of pests and alterations in soil composition, both of which negatively affect fruit cultivation. Furthermore, climate change also exerts significant and enduring impacts on agricultural capabilities. Unpredictable weather patterns in tropical regions directly influence the time required for durian fruit to mature, consequently impacting growers' income. Ensuring fruit maturity and applying necessary fertilizers necessitate substantial investments, which, in turn, affect farmers' ability to produce durians of export quality.Additionally, the fruit's distinctive and strong odor limits its popularity in Western nations, thereby constraining the potential for market expansion for businesses in these regions.

Impact of COVID-19 on the Durian Fruit Market:

The worldwide COVID-19 pandemic triggered significant upheaval for businesses across diverse industries as governments enforced lockdown measures to curb the virus's spread. Manufacturing facilities were compelled to temporarily shut down, resulting in production halts. Additionally, the global availability of durian fruit was adversely affected due to production shortages and disruptions in supply chains. These disruptions were a consequence of import and export restrictions imposed by various countries. However, the food and beverage sector experienced a notable upsurge in demand during and after the pandemic. This surge was driven by heightened consumer interest in natural and organic food products. Consequently, the need for durian fruit eventually regained its previous momentum by the pandemic's conclusion.

REPORT COVERAGE: 

  This research report on the Durian Fruit Market has been segmented and sub-segmented based on product, distribution channel, and region.   

Global Durian Fruit Market - By Product:

• Frozen Pulp & Paste
• Whole Fruit

Based on the product, the frozen pulp and paste segment is expected to dominate the Durian Fruit Market during the forecast period. The production of this fruit is primarily concentrated in a select few countries, notably Thailand and Malaysia. Given the necessity to export the product, it is often frozen, which has contributed to its widespread popularity on a global scale. Frozen pulp offers several advantages, including an extended shelf life and reduced storage space requirements. Additionally, it is more convenient to consume than the whole fruit.

Durian pulp also finds its way into various food products, such as yogurt, ice cream, and pizza, to infuse them with an exotic flavor. The increasing demand for durian-flavored beverages like tea, coffee, and milk has been driving the popularity of durian fruit in South Asian nations. Consequently, the demand for durian products has increased, particularly in the food service and processing industries.

Global Durian Fruit Market - By Distribution Channel:

• Supermarkets & Hypermarkets
• Online channels

Based on distribution channels, the supermarket and hypermarket segment dominated the Durian Fruit Market in 2022 and is anticipated to grow at the highest CAGR during the projected period. This segment is projected to continue being a primary distribution channel due to the advantage it offers buyers: the ability to physically inspect the product variants before making a purchase decision. Moreover, the availability of perishable durian fruit reinforces consumers' preference for these channels.

On the other hand, the online distribution channel is expected to experience the fastest revenue growth. The increasing presence of online grocery retailers is poised to drive the expansion of this channel in the foreseeable future. For instance, in 2019, Tmall, an online marketplace owned by Alibaba Group Holding Limited, initiated the online sale of durian products in China. Alibaba Group is collaborating with local suppliers in Malaysia to provide frozen whole Musang King durians to China. Additionally, there are plans for Thailand and China's governments to partner with Alibaba Group Holding Limited to boost e-commerce and digital logistics. These initiatives are anticipated to promote online channels as a significant source for consumer durian purchases.

Global Durian Fruit Market – By Region:

Based on region, the Asia Pacific region has taken a leading position in the global durian fruit market, with key markets including Indonesia, Malaysia, China, Thailand, Vietnam, Hong Kong, Singapore, and Taiwan. Thailand stands as the largest global exporter, closely followed by Malaysia, collectively responsible for approximately 99% of total exports. On the import side, China, Vietnam, Hong Kong, and Singapore are pivotal nations in this region. Despite the increasing popularity of durian across Asia, there are ongoing efforts to tap into the untapped Japanese market. The Japan Durian Promotion Association is actively working to boost demand among Japanese consumers, elevate imports, and explore the potential for durian production in Japan, especially in regions like Okinawa, where the climate is conducive for durian cultivation. This endeavor is supported by the growing population of health-conscious consumers and middle-income households in Japan, as durian is recognized as a valuable source of nutrients like Iron, Vitamin C, and Potassium.

In recent years, there has been a notable surge in demand for durian fruit in the European region, which includes the U.S., U.K., Italy, Germany, Belgium, Luxembourg, and the Russian Federation. This surge is primarily attributed to the health benefits associated with the product. Furthermore, the rising global popularity of durian fruit is leading to increased exports, creating substantial growth prospects for the durian fruit market. On the other hand, the rest of the world is likely to record moderate CAGR during the forecast period.

KEY MARKET PLAYERS:

Key market players of Durian Fruit Market are Hernan Corporation, Charoen Pokphand Group, Chainoi Food Company Limited, Interfresh Co., Ltd , TRL (South East Asia) Sdn Bhd, Thai Agri Foods Public Company Limited, Sunshine International Co., Ltd, Top Fruits Sdn Bhd, Grand World International Co., Ltd.

RECENT HAPPENINGS IN THE MARKET:

• In Nov 2022, In Vietnam, the Department of Crop Production under the Ministry of Agriculture and Rural Development partnered with the Dak Lak Department of Agriculture and Rural Development to conduct a training program. This program aims to facilitate the creation of durian cultivation zones and packaging infrastructure in the Central Highlands region, specifically to meet the export demands of the Chinese market.
• In Sep 2022, a Malaysian brand, in collaboration with Alibaba and the Consulate General of Malaysia in Shanghai, introduced "snow-skinned" durian mooncakes in China. These delectable treats are scheduled to grace Chinese households' dining tables just in time for the upcoming Mid-Autumn Festival.