What is Mango Pickle Market?
Mango pickle is a spicy condiment made with raw mango, spice powders, salt, garlic, and oil. It is salty, sour or sweet in taste. Pickling is a method of preservation of mangos by increasing its shelf life through fermentation in brine or immersion in vinegar. Mango pickle is consumed in many countries often used as a topping to meals. The factors such as Increasing Demand as Taste Enhancer and Health Benefits of the Mango Pickle are the driving factors for the global mango pickle market. Fluctuations in the raw material prices may hamper the market growth.
The market study is being classified by Type (Whole Baby Mango Pickle and Cut Mango Pickle), by Application (Home Use, Hotels and Restaurants and Others) and major geographies with country level break-up.
ADF Foods (India), Del Monte Foods (United States), BL Agro Industries Ltd. (India), Mt. Olive Pickle Company (United States), Kraft Foods Inc. (United States), Reitzel International (Switzerland), Pinnacle Foods, Inc. (United States), Mitoku Company, Ltd. (Japan), Nilons Enterprises Pvt. Ltd. (India) and Aachi Foods (India) are some of the key players profiled in the study.
The companies are exploring the market by adopting expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain competitive advantage through combined collaborations. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Mango Pickle market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Mango Pickle market by Type, Application and Region.
On the basis of geography, the market of Mango Pickle has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand as Taste Enhancer
- Rising Awareness about Health Benefits of the Mango Pickle
- Robust Increase in the Distribution Channels
Market Trend
- The Rise in the Demand for Packaged Foods
- Increasing Demand for Organic Products
Restraints
- Fluctuations in the Raw Material Prices
- Availability of Alternative Products in the Market
Opportunities
- Growth in the Food Industry
- Increasing Promotional Activities by Manufacturers
- Growing Number of Hotels and Restaurants
Challenges
- Unfavorable Weather Conditions Many Affect Mango Production
Market Leaders and some development strategies
In June 2018, Conagra Brands announced plans to acquire Pinnacle Foods in a cash-and-stock deal. Pinnacle shareholders are expected to own approximately 16 percent of the combined company
Key Target Audience
Mango Pickle Manufacturers, Raw Material Suppliers, Distributors and End-Users