16-Mar-2020 | Zion Market Research
As per the researchers at Zion Market Research, the global fruit puree market is anticipated to surpass around USD 13,895 Million by 2025 at a noteworthy CAGR of around 4.1% during the forecast period. Few of the active players in the global fruit puree market comprise, Boiron Frères SAS, Nestlé S.A., The Hain Celestial Group, Inc, SVZ International B.V., Milne Fruit Products, SunOpta Inc., Symrise AG, Superior Foods Companies, Sicodis Sica-SAS, and Kerry Group PLC, among others.
Launch Of New Exotic Fruits Flavors Likely To Boost The Growth Of The Fruit Puree Market
Several factors seem to be up-scaling the growth of the global puree market such as an increase in the demand for healthy & natural food ingredients. In addition, the increase in health concerns among the customers is likely to surge the for fruit puree demand in the coming period. Fruit puree is healthy and natural that, in turn, results in its elevated usage as a substitute for several synthetic food components, which are included in food products to improve sweetness and flavor. This is expected to propel the growth of the fruit puree market.
Furthermore, the rising uses of fruit puree in breakfast cereals, baby food, bakery & confectionery, beverages, and dairy products are also anticipated to drive the growth of the global fruit puree market. Moreover, the new opportunities are being explored by market players to introduce new exotic fruit flavors. Wetzel’s Pretzels in May 2019 introduced their Cherry Boba Frozen Lemonade that is crowned with cherry-flavored popping pearls along with real cherry fruit puree. This signifies the rising usage of natural food components in beverages and food. Likewise, Dallas-based Omni Hotels and Resorts had introduced a passion fruit-based cocktail for their visitors. The intricate menu trials with the tart and sweet flavor of passion fruit, utilizing real passion fruit puree. Nevertheless, regional accessibility of fruits can serve as a noteworthy limitation to the fruit puree market growth during the forecast period.
Rising Demand For Healthy Food To Boost The Fruit Puree Market Growth In Asia Pacific
The global market, on the basis of fruit type, is bifurcated into banana puree, plum puree, apple puree, and strawberry puree. The banana puree segment is anticipated to dominate the market. The global market, on the basis of application, is divided into baby food, bakery, convenience food, dairy & frozen desserts, dressings, confectionery, pet foods, beverages, and sauces. Further, the bakery sub-segmented into pastries & cakes and other baked products.
Regionally, Asia Pacific is anticipated to hold the biggest market share and this can be credited to the rising demand for nutritious baby food. Moreover, the increasing eating of smoothies in this region is also expected to drive the expansion of the fruit puree market in the coming years. Furthermore, North America is also anticipated to follow Asia Pacific and witness a substantial growth due to the increasing health awareness among customers, which has resulted in an increased preference of food manufacturers to the use of healthy and natural components.
Browse the full “Global Fruit Puree Market - By Type (Apple Puree, Plum Puree, Banana Puree, and Strawberry Puree), By Application (Baby Food, Bakery (Pastries & Cakes and Other Baked Products), Convenience Food, Dairy & Frozen Desserts, Dressings, Confectionary, Pet Foods, Beverages, and Sauces), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” Report at https://www.zionmarketresearch.com/report/fruit-puree-market
The global fruit puree market is segmented as follows:
By Fruit Type
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