The global market for spray dried fruit is primarily driven by the increasing demand for convenience foods and ready-to-eat foods. Moreover, rising opportunities in the food & beverage industry including bakery, confectionery and snacks segments is also another factor blostering the spray-dried food market along with an growing extension of shelf life of these products for prolonged periods. However, the market faces a challenge such as maintenance cost, high initial capital, along with the availability of other advanced technologies, including vacuum drying and freeze drying, which is hampering the market space.
MARKET DYNAMICS
Spray drying is the most efficient method used for powdering of fruits and associated food products. It is frequently preferred over other powdering techniques including vacuum drying, freeze-drying etc since it is less expensive in case of initial cost and operations. Several thermally and biologically sensitive materials such as milk, fruit juices, essential oils etc. are being dried using this technique. This technique is most extensively used in the food and beverage industry due to the rising demand for powdered milk. The demand for several types of spray dried fruit powder is expected increase over the forecast period.
MARKET SCOPE
The "Global Spray Dried Fruit Powder Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the spray dried fruit powder with detailed market segmentation by type, application. The global spray dried fruit powder market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading spray dried fruit powder market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global spray dried fruit powder market is segmented on the basis of type into spray dry apple powder, spray dry banana powder, spray dry strawberry powder, others. On the basis of application the spray dried fruit powder market is segmented into snack, cooking, baking, 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 spray dried fruit powder 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 spray dried fruit powder 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 spray dried fruit powder 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 spray dried fruit powder market in these regions.
MARKET PLAYERS
The reports cover key developments in the spray dried fruit powder 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 partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from spray dried fruit powder market are anticipated to lucrative growth opportunities in the future with the rising demand for spray dried fruit powder in the global market. Below mentioned is the list of few companies engaged in the spray dried fruit powder market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the spray dried fruit powder 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.
- Rainbow Expochem
- Rb Foods
- Natural Biochem
- BSR Foods
- Herbo Nutra
- Saipro Biotech
- Aayush Food Products
- Vee Kay International
- Shalimar Spices
- Nexira
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.