Canada Fruit Puree Market Size, Share, and COVID-19 Impact Analysis, By Type (Apple, Mango, Banana, Strawberry, Plum, Pear, Peaches, Mix, and Others), By Application (Beverages, Bakery, Snacks, Baby Food, and Others), and Canada Fruit Puree Market Insights, Industry Trend, Forecasts to 2033
Industry: Food & BeveragesCanada Fruit Puree Market Insights Forecasts to 2033
- The Canada Fruit Puree Market Size was valued at USD 87.5 Million in 2023.
- The Market is growing at a CAGR of 5.57% from 2023 to 2033
- The Canada Fruit Puree Market Size is expected to reach USD 150.5 Million by 2033
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The Canada Fruit Puree Market is anticipated to exceed USD 150.5 Million by 2033, growing at a CAGR of 5.57% from 2023 to 2033. The increasing preference towards healthy & natural food products, the rise in the food service industry, and the popularity of veganism are driving the growth of the fruit puree market in the Canada.
Market Overview
Fruit puree is a food product comprising of mashed fruits which is made by the process of pureeing fresh fruits into a smooth and thick texture. They are rich in minerals, vitamins, and other nutrients that support stronger immune systems and lessen cell deterioration. The ease of use and health advantages associated with fruit puree as well as the increased consumer preference for packaged convenience foods are driving the growth of the fruit puree market. Further, the increasing popularity of probiotic drinks containing fruit puree for boosting immunity is promoting the market. In recent years, consumers have begun to select sugar-free products in an attempt to eschew health issues like metabolic syndrome, diabetes, obesity, and heart disease. Thus, the increase in healthy diet usage by consumers is providing market opportunities.
Report Coverage
This research report categorizes the market for the Canada fruit puree market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Canada fruit puree market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Canada fruit puree market.
Canada Fruit Puree Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 87.5 Million |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.57% |
2033 Value Projection: | USD 150.5 Million |
Historical Data for: | 2019-2022 |
No. of Pages: | 210 |
Tables, Charts & Figures: | 98 |
Segments covered: | By Type, By Application and COVID-19 Impact Analysis |
Companies covered:: | Döhler Group, Ingredion Incorporated, Grünewald International, Fenix, Polproduct, Kiril Mischeff, Prodalim, SVZ Industrial Fruit & Vegetable Ingredients, Healthy Berries LTD, and Others key vendors. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The widespread application of fruit puree in various processed food products such as bakery, confectionery, and dairy as well as in cosmetic and personal care industries are driving the market growth of fruit puree. Further, the use of fruit puree in several food processing sectors is driving the market demand. The increasing preference for healthy and natural food products is responsible for propelling the market growth. In addition, the rise in the food service industry is contributing to market growth. It is estimated that of Canada's 38.7 million inhabitants, a 2020 study found that 1.7 million were vegans and 2.8 million were vegetarians. The increased veganism in the country is driving the Canada fruit puree market.
Restraining Factors
The high production cost of organic and exotic fruit purees is restraining the Canada fruit puree market. Further, the issue of perishability of fruit puree surges the need for efficient storage, transportation, and distribution systems is challenging the market.
Market Segmentation
The Canada Fruit Puree Market share is classified into type and application.
- The mix segment dominated the market with the largest market share in 2023.
The Canada fruit puree market is segmented by type into apple, mango, banana, strawberry, plum, pear, peaches, mix, and others. Among these, the mix segment dominated the market with the largest market share in 2023. Mix fruit puree is more preferable over single fruit puree owing to its unique and complex flavour. For instance, in 2021, a new line of fruit purees was launched by Puratos that includes mixed fruit flavours, such as mango-pineapple, strawberry-rhubarb, and raspberry-passionfruit.
- The beverages segment accounted for the largest market share of the Canada fruit puree market in 2023.
Based on the application, the Canada fruit puree market is divided into beverages, bakery, snacks, baby food, and others. Among these, the beverages segment accounted for the largest market share of the Canada fruit puree market in 2023. Fruit puree adds a sweet and fruity flavour to alcoholic beverages and can provide a unique base for frozen cocktails. The increasing demand for application-specific fruit puree in the food and beverage industry is driving the demand for specific fruit purees.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Canada fruit puree market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Döhler Group
- Ingredion Incorporated
- Grünewald International
- Fenix
- Polproduct
- Kiril Mischeff
- Prodalim
- SVZ Industrial Fruit & Vegetable Ingredients
- Healthy Berries LTD
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Canada, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Canada Fruit Puree Market based on the below-mentioned segments:
Canada Fruit Puree Market, By Type
- Apple
- Mango
- Banana
- Strawberry
- Plum
- Pear
- Peaches
- Mix
- Others
Canada Fruit Puree Market, By Application
- Beverages
- Bakery
- Snacks
- Baby Food
- Others
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