Fruit concentrates are prepared by extracting the water content from ripe fruits leaving behind the rich fruit pulp, which is used as fruit concentrate in preparation of fruit juices and sorbets. Fruit concentrates have lower volume making storing, warehousing, shipping, and transportation less expensive. In the food and beverage industry, fruit concentrates are used as a natural flavoring in a range of applications as well as to prepare natural fruit juices by reconstituting fruit concentrates with water.
MARKET DYNAMICS
The growing demand for natural sweeteners, flavoring agents, and natural colorants in the food industry has stimulated the growth of the fruit concentrates market. Fruit concentrates provide a convenient and economical substitute for fresh fruits and is in high demand owing to the rising demand for healthy and convenient food among urban dwellers. The increasing consumption of fruit concentrates on preparing homemade juices, and flavor foods such as yogurts, milkshakes, sorbets, etc. have spurred the consumption of fruit concentrates. Fruit concentrates allow buyers to taste seasonal fruits all year round when they are not available during the off-seasons. This attribute of fruit concentrates likely to increase the demand for fruit concentrates made from rarely grown fruits. Moreover, the accelerating consumption of fruit juices in the food industry to prepare flavored water, sports drinks, syrups, beer mix, fruit wine, spirits, and cider is expected to drive the fruit concentrate market in the forecast period.
MARKET SCOPE
The "Global Fruit Concentrate Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fruit concentrate market with detailed market segmentation by fruit, application, and geography. The global fruit concentrate market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fruit concentrate market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fruit concentrate market is segmented on the basis of fruit and application. On the basis of fruit, the fruit concentrate market is segmented into apple, orange, lemon, pineapple, grapes, pear, specialty fruits, and others. The fruit concentrate market on the basis of application is classified into beverage, confectionery, bakery, dairy, and others.REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global fruit concentrate market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The fruit concentrate market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fruit concentrate market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the fruit concentrate market in these regions.
MARKET PLAYERS
The reports cover key developments in the fruit concentrate market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market payers from the fruit concentrate market are anticipated to lucrative growth opportunities in the future with the rising demand for fruit concentrate in the global market. Below mentioned is the list of few companies engaged in the fruit concentrate market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fruit concentrate market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the key development in the past five years.
- Agrana Beteiligungs Ag
- China Haisheng Juice Holdings Co., Ltd.
- D?hlergroup
- Kerr Concentrates, Inc.
- Kerry Group Plc
- Lemon Concentrate, S.L.
- Royal Cosun
- Rudolf Wild Gmbh & Co. Kg
- Skypeople Fruit Juice, Inc.
- Sunopta Inc.
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