The market for fruit concentrate puree is now worth USD 1700 million in the year 2021 and is expected to increase at a CAGR of 6.8% to reach a value of USD 3282.2 million in the projected timeline of 2022-2032. Out of several fruit puree varieties available, the exotic fruit puree category has grown in popularity and demand and is expected to exhibit a CAGR of 3.8 percent. The increase in customer health consciousness, the advantages of drinking fruit-based drinks, the growth in income, and the rise in the population of working-class people have all boosted the global market for this category over the projected period.
The demand for the fruit concentrate puree is expected to grow in value and volume as a result of the broad array of use and applications available. Because exotic fruit puree is among the most successful segments in terms of the sales volume, the increased use of exotic fruit concentrate puree in infant food formula and other snacks and confectionery items would promote the exotic fruit section’s growth as well as the entire fruit concentrate puree consumer market.
Request a sample to obtain authentic analysis and comprehensive market insights at- https://www.futuremarketinsights.com/reports/sample/rep-gb-102
Key takeaways:
- A demand for a distinctive product, diversified taste & flavor, especially in dairy goods, will drive the fruit concentrate puree market in the year 2022.
- During the forecast timeline, the fruit yogurt market is expected to rise at a respectable CAGR of 7%.
- Fruit concentrate puree has risen to the forefront due to the rise in the consumption and demand for a range of tastes & flavors in pastries, cookies, and other bakery products.
- Mango puree-based beverages are by far the most popular and successful flavor among customers, accounting for 90% of overall volume.
- In the U. S. market, fruit puree concentrates are expected to become one of the most successful products. Fruit puree sales have indeed been excellent, with a 5-percentage-point increase in volume, and are expected to surpass USD 3,000 million in fair value.
- Brazil has geographical location advantages from an environmental point of view that permits it to produce a diverse and broad array of fruits for use in fruit concentrate puree manufacturing.
“The fruit concentrate puree market is expected to have a strong and robust growth in the coming decade owing to the factors like technological advancement in agriculture, consumers inclination towards fruit-based products, increasing health awareness and added nutritional benefit of fruit concentrate puree. Countries like the US and Brazil are expected to have exponential growth due to expansion of food processing industry and rising demand,” says a lead analyst at Future Market Insights.
Future scope for the growth of this market
Businesses are investing in innovation and technology to have the ability to adapt to the growing consumption and demand for fruit puree concentrate in the processed food market. Brazil is regarded as being the world’s biggest orange producer. The growth of this segment in Brazil has been assisted by advancements in technology in agriculture that have resulted in higher-quality fruits, increased consumption and demand for fruit puree in the regional market, and financial benefits linked with this sector.
The industry for fruit puree is being boosted by the increased demand for tropical fruits in Western countries. Tropical fruits are grown and cultivated in high-temperature tropical regions, leading to a diverse variety of physiology, quality, and structure. Their alluring appearances draw customers from all over the globe.
The global fruit puree industry is divided into market segments such as tropical and exotic, citrus, berries, and others. Tropical or exotic fruits include mangoes, bananas, papayas, guavas, and pineapples. In terms of sales, the tropical and exotic segment led the market, contributing to even more than 35% of the whole.
Segmentation in Fruit concentrate puree market
Fruit type:
- Cherry
- Banana
- Apple
- Mango
- Blackcurrant
- Passion fruit
- Strawberry
- Guava
- Blueberry
- Cranberry
- Others
Product type:
- With Sugar
- Sugar-free
Application:
- Beverage
- Baby Food
- Bakery products
- Sauces & Dressings
- Desserts & Dairy
- Others
Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
Ask Our Analyst More about Report @ https://www.futuremarketinsights.com/ask-question/rep-gb-102
Frequently Asked Questions
- How much is the Fruit Concentrate puree market currently worth?
- At what CAGR is the market expected to grow?
- How was the performance in the last five years?
- What are the key trends boosting Fruit Concentrate puree sales?
- How are market players reacting to the new developments in the market?
- How much share do the top 3 companies hold?
- Which are the major countries driving demand for Fruit Concentrate puree?
- Who are the major players in the Fruit Concentrate puree Market?
- What outlook does APAC provide?
- At what rate will the U.S. Fruit Concentrate puree market grow?
- At what level does the report reflect pricing analysis?
About FMI:
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers, Dubai
United Arab Emirates