Global Food Powder Market: Overview
Fruit powder is said to be a good means of incorporating the flavor of off-season fruits and vegetables into cuisine dishes. The demand for fruits and powder will mostly originate from the worldwide fruits sector. Therefore, the global food powder market is expected to rise across the globe in upcoming years. Manufacturers in the food business are focusing on adopting health-beneficial food products as a result of the shift in preferences of health-conscious clients. Food manufacturers turn fresh fruits and vegetables into powdered form in order to provide healthful food products. Food enterprises and food retail outlets are using fruits and vegetable powder as a key ingredient in order to generate unique food products with a variety of flavors.
|Historic Years||2016 - 2020|
|Forecast Years||2021 - 2028|
|Segments Covered||By Product Type, By Application, and By End Use|
|Forecast Units||Value (USD Billion), and Volume (Units)|
|Quantitative Units||Revenue in USD million/billion and CAGR from 2021 to 2028|
|Regions Covered||North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World|
|Countries Covered||U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others|
|Number of Companies Covered||10 companies with scope for including additional 15 companies upon request|
|Report Coverage||Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.|
|Customization Scope||Avail customized purchase options to meet your exact research needs.|
Global Food Powder Market: Growth Factors
The global fruit powder market is anticipated to grow at a significant rate owing to lot of growth factors such as companies are using it as a natural functional ingredient in coffee drinks, protein shakes, as pasta sauce and many others. Furthermore, companies are adopting food powder to meet the rising demand for organic foods to replace chemicals in smoothies, yogurts and other food products. Because of the growing vegan population around the world, demand for fruits and vegetable powder is expanding in the global food powder market. Fruit and vegetable powder is convenient to store and extends product shelf life. Apart from that, this powder can be used in the off-season too, thus, gaining more prevalence. Other than that, fruit and vegetable powder is used in the food and beverage industry to enhance the taste and flavor of drinks and foods. Furthermore, the usage of this powder aids in the stabilization of fresh fruit and vegetable prices. To stay on top of the global market, leading companies are focusing on new and application-specific products. A very different yet important demand of global food powder market comes from astronauts as they consume liquid food and this food powder can be of great help for them. However, natural disasters and unfavorable weather conditions like floods, draught, etc., can affect the growth of fruits which eventually cause hindrance in the market growth.
Because of the high number of cases of food adulteration and the increased attention on clean label procedures, the COVID-19 outbreak had a significant impact on food hygiene and food safety. Fruit powder demand is projected to continue strong throughout the globe as a result of this. Consumers have become more mindful of their food choices as a result of the COVID-19 outbreak. As a result of people's growing preference for organic and plant-based foods over traditional foods, the market for fruit powder is growing. Furthermore, for more fresh, frozen, and made-to-order diets, healthy ingredients and nutritional labeling are in great demand.
Global Food Powder Market: Segmentation
Global fruit powder market is segmented on the basis of product type, nature, end-use, technology, and region. The product type is segmented into black currant, strawberry, raspberry, blackberry, blueberry, apple, pear, apricot, plum, peach, others. Based on the nature, the market is divided into conventional and organic. Also, based on end-use, the market is segmented into beverage processing, dietary supplements, fruit processing, pharmaceuticals, cosmetics, personal care and others. The technology for food powder market is divided into freeze dried, spray dried, vacuum dried, and drum dried.
Global Food Powder Market: Regional Analysis
Europe is anticipated to dominate the majority of the global food powder market share during the forecast period owing to highly sustainable culture and demand there. Companies in Europe have strategy for sustainability for the whole process from growing crops to final result. Also, as consumers demand food which is sustainable, organic, free from artificial chemicals and fertilizers, therefore, growth of sustainable food powder market is anticipated to grow. North America is also one of the lucrative markets for fruit powder due to increase in demand for natural and organic fruits across the region. Health concerns that occur due to adulterated food cause a lot of health-related issues and consumers are getting aware about it now which is resulting in growing demand for fresh food powder market.
Global Food Powder Market: Competitive Landscape
The global fruit powder market is highly distributed with large scale as well as small companies. Companies are expanding their distribution areas where there is high demand as per the region, therefore, growing the market presence. The major key players in the market include Nutradry, DMH Ingredients, Kanegrade, Paradise Fruits, Aarkay Food Products, FutureCeuticals, NutriBotanica, La Herbal, Saipro Biotech Pvt. Ltd, Batory Foods, International Flavors & Fragrances Inc, Iprona SpA, Schilling Ltd, and The Australian Superfood Co, among others.
Global Food Powder Market: Regional Segment Analysis
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Food powder has lots of growth factors such as its usage in coffee drinks, protein shakes, as pasta sauce and many others, is a very little requirement that food powder can complete.
The major key players in the market include Nutradry, DMH Ingredients, Kanegrade, Paradise Fruits, Aarkay Food Products, FutureCeuticals, NutriBotanica, La Herbal, Saipro Biotech Pvt. Ltd, Batory Foods, International Flavors & Fragrances Inc, Iprona SpA, Schilling Ltd, and The Australian Superfood Co, among others.
Europe may dominate the majority of the market share during the forecast period owing to highly sustainable culture and demand there. Companies in Europe have strategy for sustainability for the whole process from growing crops to final result.