Food & Beverages / Fruit Concentrate Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Agrana Beteiligungs AG, Hershey, Kanegrade Ltd, Kerr Concentrates
Fruit Concentrate Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Agrana Beteiligungs AG, Hershey, Kanegrade Ltd, Kerr Concentrates
The Fruit Concentrate market size is estimated to reach USD 3,850 million by 2027 and it is expected to increase at a CAGR of 14.5% between 2022 and 2027.
Fruit Concentrate Market Overview
Fruit concentrates are made by removing the water from fruits, which helps to reduce the weight and volume of the fruit's juices. High-fructose corn syrup, commonly known as glucose-fructose, is a sugar substitute that is easier to work with and less expensive. Freeze drying is a technique for producing high-quality food powders and solids, and it is also known as lyophilization. Thermal evaporation is used in the food and beverage sector to concentrate fruits and remove water from liquid foods as vapor. The fruit concentration makes shipping and storage easier and less expensive, as well as extending the shelf life. The key factor driving the market is an increase in demand for natural food products and a rise in consumer awareness of health issues. Furthermore, increasing research and development activities in food and beverage industry and rising government initiatives is set to further enhance the overall market demand for Fruit Concentrate Market for the period 2022-2027.
The demand for natural food items is increasing due to rising obesity and diabetes rates, which are driving market expansion. According to the World Health Organization, about 422 million people will be diagnosed with diabetes in 2020, raising the need for fruit concentrate and propelling the Fruit Concentrate Market to new heights between 2022 and 2027. People's tastes for fruit juice are becoming more health-conscious, which is driving the expansion of this market. Furthermore, the rising hectic schedules and fast-paced lifestyles of consumers are fueling the growth of the Fruit Concentrate Market between 2022 and 2027.
Kerry, the Taste & Nutrition company, is pleased to introduce an advanced citrus extract technology — brand-named New! Citrus Extract — that delivers all of the flavour benefits and impact of traditional natural citrus products but can be labelled a “Natural Extract”.
What are the major Applications, Types and Regions for Fruit Concentrate Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Liquid Concentrate
Powder Concentrate
By Application, it is segmented into
Beverages
Bakery
Confectionery
Dairy
Others
Fruit Concentrate Market Regional Analysis
North America dominates the global market for fruit concentrates, with the greatest market share and a continuous increase in market growth. The United States is the primary driver of the North American market for fruit concentrates. This is due to an increase in the use of fruits concentrate in a variety of food and drink items, as well as an increase in the use of ready-to-drink goods among consumers. Various producers in North America are producing fruit concentrates, which is helping to boost the market's growth. In both developed and developing regions, the industry is expected to continue to rise. The market is driven by rising demand for natural foods, as well as health and nutritional concerns about processed foods.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The Fruit Concentrate Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Fruit Concentrate Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
What is our Fruit Concentrate Market report scope?
Report Attributes
Report Details
Forecast Period 2022 to 2027 CAGR
CAGR of 14.5% over the forecast period (2022-2027)
By Type
Liquid Concentrate
Powder Concentrate
By Application
Beverages
Bakery
Confectionery
Dairy
Others
By Companies
Agrana Beteiligungs AG, Hershey, Kanegrade Ltd, Kerr Concentrates, KG Bulk Juice, Lemon Concentrate S.L, Rudolf Wild GmbH, Sunopta Inc, Döhler GmbH, Ingredion Incorporated, Kerry Inc., Nestlé, ADM, Tree Top, Inc., Corporate Office, China Haisheng Fresh Fruit Juice Co., Ltd, The Coca-Cola Company, Capricorn Food Products India Ltd.
Regions Covered
North America
Europe
Asia-Pacific
Rest of the World
Countries Covered
US
Canada
Germany
France
UK
Italy
Spain
Rest of Europe
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East & Africa
Latin America
Base Year
2022
Historical Year
2017 to 2021
Forecast Year
2022 to 2027
Number of Pages
101
Customization Available
Yes, the report can be customized as per your needs
Frequently Asked Questions
What is the growth rate of Fruit Concentrate Market?
The Fruit Concentrate Market is growing at a CAGR of 14.5% over the next 5 years.
Who are the key players in Fruit Concentrate Market?
Agrana Beteiligungs AG, Hershey, Kanegrade Ltd, Kerr Concentrates, KG Bulk Juice, Lemon Concentrate S.L, Rudolf Wild GmbH, Sunopta Inc, Döhler GmbH, Ingredion Incorporated, Kerry Inc., Nestlé, ADM, Tree Top, Inc., Corporate Office, China Haisheng Fresh Fruit Juice Co., Ltd, The Coca-Cola Company, Capricorn Food Products India Ltd.
What are the significant types of Fruit Concentrate Market?
Liquid Concentrate, Powder Concentrate
What are the major end-use applications of Fruit Concentrate Market?
Beverages, Bakery, Confectionery, Dairy, Others
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.