Pomace is a solid remain of fruits such as grapes, apple, olives, or other fruit produced after pressing for juice or oil in the industries. It contains parts such as the skins, stems, pulp, seeds of the fruit. Grape pomace mostly has traditionally been used by the food processing industries to produce pomace brandy, including grappa, orujo, t?rk?lyp?linka, and zivania. In the current scenario, it is mostly used as fodder, as fertilizer, or to extract bioactive compounds like polyphenols from it. The fruit pomace is for the animal and human consumption in the case of processed food, animal feed and can also be used for the preparation of compost. The commercial use of the fruit pomace in ancient days was only for animal feed and compost, and the remaining pomace was discarded.
MARKET DYNAMICS
The fruit pomace market has witnessed a significant growth owing to factors such as wider application in dairy products, food processing, beverage processing, edible oils and fats, animal feed, biofuel production, cosmetic and personal care, pectin production, and dietary supplements. Due to the rise in concern towards the environment, the various food processing industries find the use of fruit pomace in instead of being disposed of as the compost. It can be used in the cosmetic and personal care industry. The increasing production of biofuel is one of the prominent factors to fuel the market growth for the fruit pomace. There is a growing demand for dietary products among consumers such as organic and dietary fruit juices and further its products due to the large consumers is moving towards healthy food and drinks. This, in turn, is propelling the growth of the fruit pomace market. However, climatic changes may hamper the cultivation of the fruits, which may further impact on the growth of the fruit pomace market. Nevertheless, with the steady growth in the food processing industry and agriculture industry, there are opportunities for the market players to invest in this market.
MARKET SCOPE
The "Global Fruit Pomace Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fruit pomace market with detailed market segmentation by nature, form, source, end-use, and geography. The global fruit pomace market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fruit pomace market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fruit pomace market is segmented on the basis of nature, form, source, and end-use. Based on nature, the global fruit pomace market is segmented into organic and conventional. On the basis of form, the fruit pomace market is segmented into powder, pellets, and paste/ wet pomace. The fruit pomace market on the basis of the source is classified into apple, citrus, banana, berries, grape, mango, and others. On the basis of end-use, global fruit pomace market is bifurcated into dairy products, food processing, beverage processing, edible oils and fats, animal feed, biofuel production, cosmetic and personal care, pectin production, and dietary supplements.
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 pomace 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 pomace 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 pomace 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 trend. 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 pomace market in these regions.
MARKET PLAYERS
The reports cover various key developments in the global fruit pomace market. Various companies are focusing growth strategies such as product launches, product approvals and others such as patents and events. Some of the growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fruit pomace market are anticipated to lucrative growth opportunities in the future with the rising demand for fruit pomace in the global market. Below mentioned is the list of few companies engaged in the fruit pomace market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fruit pomace 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 3 years, the key development in the past five years.
- AGRANA Beteiligungs-AG
- Citrosuco S.A.
- Constellation Brands, Inc.
- FruitSmart, Inc.
- LaBuddhe Group Inc.
- Lemon Concentrate S.L.
- Louis Dreyfus Company B.V.
- Marshall Ingredients LLC
- Sucocitrico Cutrale Ltd.
- Yantai North Andre Juice Co. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.