Fruit and vegetable powders find versatile applications across the food industry. Their concentrated form and long shelf life make them ideal for various food products, including smoothies, bakery goods, sauces, and desserts, enhancing flavor and nutritional content. These powders retain the natural colors, flavors, and nutrients of fresh produce, providing convenience and consistency to manufacturers. With their ease of incorporation and extended storage capabilities, fruit and vegetable powders are becoming increasingly popular as natural additives and flavor enhancers in a wide range of food applications.
According to Data Bridge Market Research, the Global Fruit and Vegetable Powders Market is accounted at USD 157 .00 billion in 2021 and is expected to reach USD 23.91 billion by 2029. The market is expected to grow with a CAGR of 5.4% in the forecast period of 2022 to 2029.
“Increasing public awareness about the importance of adding micronutrients to their diet boosts the market’s growth
The fruit and vegetable powder market is experiencing growth due to increasing public awareness about the importance of adding micronutrients to their diet. As consumers become more health-conscious, they seek convenient ways to incorporate essential nutrients into their daily routine. Fruit and vegetable powders offer a concentrated and convenient source of vitamins, minerals, and antioxidants, making them an attractive option for health-conscious individuals. This rising demand for nutritious and natural food products is driving the market's expansion and fueling the growth of the fruit and vegetable powder industry.
What restraints the growth of the global fruit and vegetable powders market?
“Poor weather conditions restraints the market’s growth”
Poor weather conditions can adversely affect the demand for fruit and vegetable powders. Unfavorable weather, such as extreme temperatures, droughts, or floods, can disrupt agricultural production, leading to lower yields and reduced availability of fresh fruits and vegetables. As a result, the supply of raw materials for fruit and vegetable powders may decrease, leading to higher costs and potential price increases for the end products. This can impact consumer purchasing behavior and result in reduced demand for fruit and vegetable powders during periods of poor weather.
Segmentation: Global Fruit and Vegetable Powders Market
The global Fruit and vegetable powders market is segmented on the basis of fruit powder, vegetable powder, distribution channel, and application.
- On the basis of fruit powder, the fruit and vegetable powders market is segmented into apple, orange, pineapple, mango, banana, berries, strawberry, raspberry, blueberry, and others.
- On the basis of vegetable powder, the fruit and vegetable powders market is segmented into carrot, tomatoes, beetroot, peas, pumpkin, and other vegetables.
- On the basis of distribution channel, the market is segmented into direct and indirect.
- On the basis of application, the market is segmented into beverages, confectionery products, bakery products, soups and sauces, dairy products, and RTE products.
Regional Insights: Asia-Pacific dominates the Global Fruit and Vegetable Powders Market
Asia-Pacific dominates the global fruit and vegetable powders market due to the expanding end-user industries, including food and beverages and pharmaceuticals, which utilize fruit and vegetable powders in their products. Additionally, the meat industry's rising demand for these powders is contributing to the overall market growth. The versatile application of fruit and vegetable powders across multiple sectors is bolstering their market share in the region.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-fruit-and-vegetable-powders-market
Recent Developments
- In January 2020, DM has recently completed the acquisition of Yerbalatina Phytoactives, a Brazilian company known for its expertise in natural ingredient technology and solutions. Yerbalatina offers a range of organic fruit powders, which aligns with DM's commitment to providing high-quality and sustainable ingredients. This strategic acquisition further strengthens DM's position in the market and expands its portfolio of natural and organic products to meet the growing demand for health and wellness solutions.
- In March 2019, Agrana Fruit entered into an investment contract to build a state-of-the-art fruit processing plant in China. The new facility will be situated in Changzhou's Life and Health industrial park and will have the capacity to produce 30,000 tonnes of prepared fruit annually. The plant will offer a variety of fruit options, such as strawberries, blueberries, and peaches, catering to the fruit yoghurt, bakery, ice cream, and food service industries.
The Prominent Key Players Operating in the Global Fruit and Vegetable Powders Market Include:
- NutraDry (Australia)
- Batory Foods (U.S.)
- Kanegrade (U.K.)
- Paradise Fruits (Germany)
- Aarkay Food Products Ltd (India)
- FutureCeuticals (U.S.)
- NutriBotanica Institutional (Brazil)
- La Herbal (India)
- Saipro Biotech Private limited (India)
- International Flavors & Fragrances Inc (U.S.)
- Iprona SpA (Italy)
- Schilling Ltd (Denmark)
- The Australian Superfood Co (Australia)
Above are the key players covered in the report, to know about more and exhaustive list of global fruit and vegetable powders market companies contact, https://www.databridgemarketresearch.com/contact
Research Methodology: Global Fruit and Vegetable Powders Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.
