Future Market Insights’ research indicates that the Pericarp Waste Market would grow at a CAGR of 5.3% during the forecasted time frame. The predicted market size for the industry would rise from US$ 4,303.5 million in 2023 to US$ 7,212.8 million in 2033. By the end of 2022, the Pericarp Waste Market was worth US$4,134.0 Mn.
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The Increase in Awareness of Waste Management Drives and Opens New Pathway for Pericarp Waste Market
The increasing pericarp waste in fresh and processing industries is becoming a major environmental, economic and nutritional issue and is anticipated to serve as the major driver for the pericarp waste market. According, to the Food and Agricultural Organization of United States (FAO) 40-50 % of vegetable and fruit waste are produced every year, which means that the raw product i.e. the pericarp waste will be easily and cost-effectively available to the industrialists. Also, the bio-economy approach of pericarp waste has a useful impact on the economy of the country.
Pericarp waste Market: Regional Analysis
The increased spoilable of fruits and vegetables and the growing awareness of global sustainability among the population have led to initiate the demand for the pericarp waste market. According, to the United Nations of food and Agriculture Organization (FMO), about one – third of the food produced is in the Asia Pacific region. Also, the local governments in these regions are promoting an environmentally sustainable product. So, pericarp waste has effective potential in these regions.
The majority of American adults are shifting towards organic preference, especially in North America, South America, and Europe where the production of fruits and vegetables is very high.
Pericarp waste market: Key Participants
- Kerala Agro Industries Corporation, Ltd
- Favini Srl
The report covers exhaustive analysis on:
- Pericarp waste Market Segments
- Market Dynamics
- Market Size
- Supply and Demand
- Current Trends/Issues/Challenges pertaining to pericarp waste market
- Competition Landscape and Emerging Market Participants in diet pericarp waste market
- Technology related to Production/Processing of pericarp waste
- Value Chain Analysis of the pericarp waste market
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The regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
Pericarp Waste Market Segmentation
Pericarp waste market can be segmented based on nature, flavor, products and sales channel:
Pericarp waste market can be segmented based on nature as:
- Organic
- Conventional
Pericarp waste market can be segmented based on fruit as:
- Avocado Apple
- Mangosteen
- Litchi
- Apple
- Papaya
- Pineapple
- Mandarins
- Jackfruit
- Mango
Pericarp waste market can be segmented based on products:
- Cosmetics
- Medicines
- Biofuels
- Dietary Supplements
- Animal feed
Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the pericarp waste market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the pericarp waste market
- Competitive landscape of the pericarp waste market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on pericarp waste market performance
- Must-have information for pericarp waste market players to sustain and enhance their market footprint
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