According to the report, the fruit seed waste market growing at a CAGR of around 4.4% between 2019 and 2026.
The report fruit seed waste covers forecast and analysis on a global and regional level. The study offers a wide-ranging valuation of the market, emerging trends, rivalry, opportunities, and industry-validated market facts. The research report presents momentous data from 2016 to 2018 along with a forecast from 2019 to 2026 based on revenue (USD Million).
Wastage of fruit seed is one of the major sources of municipal waste. Fruit seed contains a high amount of monounsaturated fats, polyunsaturated fats, fiber, essential minerals and vitamins, phenolic compounds, antioxidant compounds, bioactive compounds such as flavonoids, oxalic acid, and carotenoids. These are naturally occurring components and are very essential for human beings. Moreover, they are used for the production of essential oils, flavoring agents, beverages, fertilizers, cosmetic products, drugs, and others.
Owing to their various applications, fruit seed waste is also an alternative way to heal various parts of the body from several diseases and disorders. Fruit seed waste also finds applications in the cosmetics industry. It is used in the production of herbal beauty cream, extraction of bio-fertilizers, essential oils, and also can be used in bakery Natures like rusk, bread, biscuits, and others.
The demand for herbal products is exponentially increasing due to rising awareness regarding health & wellness among consumers. In addition to this, zero side effects have been observed while using these products as they are also rich in minerals and vitamins. This has boosted the demand for fruit seed waste market
The fruit seed waste market has been categorized into nature, fruit type, tropical & exotic fruit, and stone fruit. By nature, the market is divided into organic and conventional. On the basis of fruit type, it is classified into citrus fruits, lime, grapes, and oranges. Based on tropical & exotic fruit, the market has been segmented into banana and mango. By stone fruit, it is segregated into plum, apricots, and peaches.
Based on the region, North America has dominated the market share. The increasing production of various bakery products, drugs, cosmetic products, bio-fertilizers, and food and beverage industry in the region due to easy availability of fruit seed waste is boosting the regional market growth. Moreover, increase in awareness about health and wellness among consumers in the region, there is high demand for products which are manufactured from fruit seed waste. Asia-Pacific has the largest population, especially youths. There is great demand for health and wellness products that are manufactured from fruit seed waste among youths in this region.
The global fruit seed waste market is joined, with major players including Kingsley Beverages, PepsiCo, ITC Limited, Welch’s, and Coca Cola Company. The major schemes implemented by these leading companies in the market are new Nature launches, joint ventures, mergers & acquisitions, and collaborations. These companies are focusing on investment in expansions, partnership and evolutions to increase their market share.
This report segments the global fruit seed waste market as follows:
Global Fruit Seed Waste Market: Nature Segment Analysis
Global Fruit Seed Waste Market: Fruit Type Segment Analysis
Global Fruit Seed Waste Market: Tropical & Exotic Fruits Segment Analysis
Global Fruit Seed Waste Market: Regional Segment Analysis