Fruit concentrate, obtained by extracting water from freshly squeezed fruit juice, serves as a fundamental ingredient in numerous food products. With its concentrated form containing 65 to 70% soluble solids, it is favored as a healthy alternative. Many perceive that the pulp holds the key nutrients, while the fruit's water content is negligible. Fruit concentrates are available in dry powder and liquid forms, offering versatile health benefits and finding extensive applications in the market.
According to Data Bridge Market Research the Global Fruit Concentrate Market accounted for USD 2,152.60 million in 2022 and is expected to reach USD 6,359.27 million by 2030, registering a CAGR of 14.50% during the forecast period of 2023 to 2030.
“Increasing consumer demand for natural food products”
Rising concerns over obesity and diabetes have increased the demand for natural food products, including fruit concentrates. The growing global diabetic population, estimated at 422 million in 2020 according to the World Health Organization, has contributed to the increased demand for fruit concentrates. As a result, the fruit concentrate market is expected to experience significant growth during the forecast period.
What restraints the growth of the global fruit concentrate market?
“Health implications of excessive fructose intake in fruit concentrates”
The production of fruit concentrates involves various methods, and additives such as sugars are often used in the process. As a result, fruit concentrates tend to contain high levels of fructose. However, the excessive intake of fructose in fruit concentrates can have adverse effects on the human body, including high blood pressure, insulin resistance, obesity, and type 2 diabetes. These side effects of excessive fructose consumption act as a restraint on the growth of the fruit concentrate market.
Segmentation: Global Fruit Concentrate Market
The global fruit concentrate market is segmented on the basis of concentrates type, product type, form, and application and distribution channel.
- On the basis of concentrates type, the fruit concentrate market is segmented into orange, apples, grapes, grapefruit, pineapple, peaches, pears, apricots, cherries, prunes, dates and others.
- On the basis of product type, the fruit concentrate market is segmented into conventional and organic.
- On the basis of form, the fruit concentrate market is segmented into powder and liquid.
- On the basis of application, the fruit concentrate market is segmented into food, dietary supplements, pharmaceuticals, sports nutrition, personal care and cosmetics.
- On the basis of by distribution channel, the fruit concentrate market is segmented into direct and indirect.
Regional Insights: North America dominates the Global Fruit Concentrate Market
North America emerges as the dominant force in the fruit concentrate market, driven by the rising usage of fruit concentrates in a wide range of beverage and food products. The growing trend of a busy lifestyle among consumers further fuels the demand for ready-to-drink products, leading to an increased demand for fruit concentrates. The market benefits from the presence of several manufacturers offering a variety of fruit concentrate products, contributing to its growth.
- On the other hand, Asia-Pacific is poised to be the fastest-growing region during the forecast period of 2023-2030. The region's growth is attributed to factors such as an increasing geriatric population and significant advancements in the food and beverage industry. As consumer preferences shift towards healthier choices and convenient options, the demand for fruit concentrates in the Asia-Pacific region is expected to experience substantial growth.
To know more about the study visit, https://www.databridgemarketresearch.com/reports/global-fruit-concentrate-market
The Prominent Key Players Operating in the Fruit Concentrate Market Include:
- Kerry Group plc (Ireland)
- ADM (Canada)
- International Flavors & Fragrances Inc. (U.S.)
- Firmenich SA (Switzerland)
- Symrise (Germany)
- ROBERTET (France)
- SAS SICA SICODIS (France)
- Nestlé (Switzerland)
- Dohler (Germany)
- Invertec Foods (U.S.)
- AGRANA Beteiligungs-AG (Austria)
- AGRANA Beteiligungs-AG
- Ingredion (U.S.)
- SunOpta (Canada)
- China Haisheng Fresh Fruit Juice Co., Ltd (China)
- The Coca-Cola Company (U.S.)
- Capricorn Food Products India Ltd. (India)
Above are the key players covered in the report, to know about more and exhaustive list of global fruit concentrate market companies contact https://www.databridgemarketresearch.com/contact
Research Methodology: Global Fruit Concentrate 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.
