Zion Market Research, the market research group announced the analysis report titled “Fruit Concentrate Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024“
Global Fruit Concentrate Market: Overview
For the production of fruit juices and nectars, fruit concentrates are used in the beverage industry. The fruit is concentrated by extracting water thus making it easy and less expensive for shipping, warehousing, and transportation. They act as natural sweeteners and are also used to produce natural food colors and a variety of confectionery and desserts items. Manufacturers widely use fruit concentrates in various food products so that customers can receive these products in the natural form. Fruit concentrates are available in the form of puree concentrate, liquid concentrate, clear concentrate, frozen concentrate, and powder concentrate forms.
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Global Fruit Concentrate Market: Growth Factors
Fruit concentrate is the best economical and convenient alternative for fresh fruits in various applications thus increasing its demand in the global market. Increasing demand for healthy and convenient food, changing lifestyle, growing urbanization, and rising disposable income are major factors that are responsible for the market growth. Fruit concentrate market is projected to propel in both developing and developed countries. The clear concentrate segment contributed for the largest market share worldwide. The liquid concentrate is also called juice concentrate; it is prominently used in the production of reconstituted fruit juice. Increasing demand of puree concentrates as sweeteners in baby food products and snacks are also augmenting the global fruit concentrate market growth. However, fresh fruit is always better for consumption rather than the concentrated one as concentrated fruits contain excess fructose and high consumption of fructose has adverse effects and production of fruit concentrates depends on fruit production, these factors restrain the market growth.
Global Fruit Concentrate Market: Segmentation
The global fruit concentrate market is fragmented based on the application, fruit type, and geography. The application segment is categorized as baby food, squash, frozen products, dairy products, soft drinks, and juices. Based on fruit type, the global market is bifurcated into the banana, apple, pineapple, orange, and others. Geographical breakdown of the market includes North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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Global Fruit Concentrate Market: Regional Analysis
North America is the leading region in the global fruit concentrate market. Major companies in the North America and Europe are introducing juice products and smoothies which are gaining popularity among people. In the European region, it is expected that the consumption of fruit concentrate can be increased across a variety of food and beverage products thus driving the market growth. Fruit concentrate market in Asia-Pacific region is depended on application industries such as confectionery and bakery industries. Other factors such as using fruit concentrate as the substitute for sugar in the bakery sector, reduced logistical & storage cost, changing consumer trends & food preferences, and demand for fruit concentrate from the beverages market in the region is expected to boost the growth of the market in the coming years. The global popularity of the fruit juices & flavors in the Middle East and Africa is driving the global fruit concentrate market.
Global Fruit Concentrate Market: Competitive Players
Major players operating in the global fruit concentrate market are Capricon, Kerry Group Plc., Cherimoya, AGRANA Group, Oceanaa, Dohler Group, Coca Cola’s Minute Maid, Starfruit, Acerola, and Lychee.
Global Fruit Concentrate Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
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What Report Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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