Global Fruit Concentrate PureeMarket: Overview
Fruit concentrate puree has found a surplus of applications including bakery, dairy & baby foods, confectionary, and beverages. Apart from this, a rise in the disposable income, altering life patterns, and increasing population are some of the major factors that will leverage the expansion of fruit concentrate puree industry over the coming years.
Global Fruit Concentrate PureeMarket: Growth Factors
The fruit concentrate puree market is likely to gain traction over the coming years, subject to altering customer preference for convenience & packaged diet along with high disposable income. Apart from this, the rise in the intake of refined fruit puree concentrates over natural fruit juice as a result of scarcity of seasonal fruits will impel the surge of the fruit concentrate puree industry. Beneficial characteristics including elongated shelf life, reduced water content, handling ease, and low mass & volume are projected to escalate the growth of fruit concentrate puree industry over the coming years. Furthermore, the rapidly growing population across the urban areas along with the hectic work schedule has culminated in humungous ready-to-eat meals demand. This, in turn, has contributed notably towards the overall market size.
Moreover, the escalating popularity of organic diet with more people becoming health conscious is projected to help the industry accrue massive gains over the years ahead. Additionally, the robust need for healthy shakes & drinks for the sportspersons for maintaining body fitness will enhance product penetration across the sports sector. Nonetheless, high costs incurred for fruit processing and storage along with trade deficit can put brakes on the business expansion over the upcoming years.
Global Fruit Concentrate PureeMarket: Segmentation
The fruit concentrate puree market can be sectored into product type, concentration, application, and fruit family. On the basis of product type, the fruit concentrate puree industry is segregated into with sugar and no added sugar. Based on concentration, the market is segmented into liquid concentrate and powder concentrate. Application wise, the fruit concentrate puree market is divided into food and beverage. In terms of the fruit family, the industry can be classified into berry, orchard, citrus, and exotic.
Global Fruit Concentrate PureeMarket: Regional Analysis
The fruit concentrate puree market in Asia Pacific region is projected to experience a noteworthy surge due to increase in the per capita income of the consumers coupled with changing food habits of the regional population, particularly in India and China. In addition to this, the rise in the product demand from middle-income group population is projected to boost the regional market earnings over the coming years. With the massive popularity of exotic fruit family such as banana puree in various countries of Latin America is likely to drive the regional market expansion in the foreseeable future. The European market is predicted to register a tremendous surge, owing to lucrative demand for pineapple puree across various developed countries such as Italy, Germany, Spain, and the UK in Europe.
Moreover, the North American market is portrayed to be a regional market having huge growth potential. It will also massive notable contributions towards the regional market revenue over the years to come.
Global Fruit Concentrate PureeMarket: Competitive Players
Some of the major participants in fruit concentrate puree market are Tree Top, Dennick Fruitsource, Tianjin Kunyu International Co. Ltd., Grünewald Fruchtsaft GmbH, LLC, Fénix S.A, AGRANA Beteiligungs AG, Dohler North America Inc., Kerr Concentrates, and Uren Food Group.
Global Fruit Concentrate PureeMarket: Regional Segment Analysis
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