Pomegranate (Punica granatum L.) belongs to the family Punicaceae is an important minor fruit crop of arid and semi-arid regions of the world. Pomegranates are widely distributed all around the world and therefore, have a broad genetic diversity, resulting in differences in their phytochemical composition. Fruits are highly rich in antioxidants, phenols, flavonoids and minerals. Demand in the international market has enhanced the scope for earning higher dividends from this crop. Moreover, it is an ideal crop for the sustainability of small holdings because of its adaptability to topography, soil and agro-climatic condition prevailing in arid and semi-arid regions of India. Climate change has resulted in lower productivity of some high value crops like apple, forcing the growers to shift to crops like pomegranate, which are suitable for arid and semi-arid regions facing water scarcity.