Global Fruit Concentrate Puree Market Size to Exceed $ 808.7 Million by 2033 | CAGR of 6.30 %
Category: Food & BeveragesGlobal Fruit Concentrate Puree Market Size to Exceed USD 808.7 Million by 2033
According to a research report published by Spherical Insights & Consulting, the Global Fruit Concentrate Puree Market is Expected to Grow from USD 438.8 Million in 2023 to USD 808.7 Million by 2033, at a CAGR of 6.30 % during the forecast period 2023-2033.
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Browse key industry insights spread across 240 pages with 117 Market data tables and figures & charts from the report on the "Global Fruit Concentrate Puree Market Size, Share, and COVID-19 Impact Analysis, By Product (With Sugar, No Added Sugar), By Concentration (Liquid Concentrate and Powder Concentrate), By Fruit Family (Berry, Orchard, Citrus, and Exotic) and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033. " Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/fruit-concentrate-puree-market
Fruit concentrate puree is the branch of the food and beverage industry that focuses on producing, distributing, and consuming fruit concentrates and purees. It is a product extracted from fruits through such processes as pressing, juicing, or blending and then concentrating water from it to the intensive form of the fruit's natural flavor and nutritional content. Consumers are looking at foods and beverages that appear healthier, so fruit purees and concentrates are positioned as nutritious offerings given the high vitamins, antioxidants, and fiber levels in fruits. High demand has been witnessed for products with no sugars added, organic certifications, and clean labels. Moreover, there is a rising trend toward functional foods that provide more than just basic nutrition. Fruit concentrates and purees are considered to be good functional ingredients for use in smoothies, juices, and snacks that deliver fundamental nutrients with immune function-boosting capability. However, extracting, concentrating, and pureeing fruits can be a time-consuming process, requiring high energy and therefore high cost. The raw material cost for some fruits, such as berries or rare ones, can be high and results in increasing the price for the final product.
The no added sugar segment accounted for the highest share in 2023 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product, the fruit concentrate puree market is divided into sugar and no added sugar. Among these, the no added sugar segment accounted for the highest share in 2023 and is projected to grow at a substantial CAGR during the forecast period. The growth is attributed to purees and concentrates with no added sugars gaining preference as people focus more on nutrition and organic products. They generally retain much of the fruit's natural flavor and nutrients. No Added Sugar is a healthier product line that appeals to the health-conscious consuming individual, including those seeking a low-calorie or diabetic-friendly alternative.
The liquid concentrate segment dominated the market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.
Based on the concentration, the fruit concentrate puree market is divided into liquid concentrate and powder concentrate. Among these, the liquid concentrate segment dominated the market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. The growth is driven by the fact that liquid concentrates can easily be formulated in a product line, whether it is beverages, smoothies, sauces, or desserts. It dissolves easier and makes manufacturers more flexible to use liquid concentrates.
The berry segment accounted for the largest share in 2023 and is expected to grow at a remarkable CAGR during the forecast period.
Based on the fruit family, the fruit concentrate puree market is divided into berry, orchard, citrus, and exotic. Among these, the berry segment accounted for the largest share in 2023 and is expected to grow at a remarkable CAGR during the forecast period. The segmental growth is due to the flavor of berries being naturally sweet and tangy and, as such, very desirable for the majority of food and beverages, like juices, smoothies, desserts, and snacks. The refreshing and vibrant taste of the berry purees is popular among consumers.
Asia Pacific holds the majority share of the global fruit concentrate puree market during the forecast period.
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Asia Pacific holds the majority share of the global fruit concentrate puree market during the forecast period. In the APAC region, countries like India, China, and Japan, for instance, show significant growth in the beverage market, including juices, smoothies, and flavored drinks. Consequently, this fueled the fruit concentrates and purees market as well. With the growing middle class in the APAC countries, the higher disposable income levels of consumers will increase their spending on premium and health-conscious food and beverages, including fruit purees and concentrates.
North America is estimated to grow at the fastest pace in the global fruit concentrate puree market during the forecast period. North American consumers increasingly prefer ready-to-consume items, and hence, more individuals in the United States and Canada are purchasing prepared-to-eat products, from ready-to-drink juices, smoothies, and fruit puree-based ready-to-eat snacks. Purees from fruit concentrates can serve as perfect ingredient bases for those on-the-go food and beverages because of the ease of their use, increased shelf life, and versatility in preparation.
Major vendors in the global 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, Uren Food Group., Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Key Market Development
- In May 2023, Tree Top Inc. is a farmers-owned fruit cooperative that completed its commissioning on new puree operations at its Prosser, Washington. The renewed facility, boasting top-of-the-line equipment, now places the firm's puree manufacturing operation directly adjacent to their primary sources of fruit.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the fruit concentrate puree market based on the below-mentioned segments:
Global Fruit Concentrate Puree Market, By Product
- With Sugar
- No Added Sugar
Global Fruit Concentrate Puree Market, By Concentration
- Liquid Concentrate
- Powder Concentrate
Global Fruit Concentrate Puree Market, By Fruit Family
- Berry
- Orchard
- Citrus
- Exotic
Global Fruit Concentrate Puree Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
About the Spherical Insights & Consulting
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