Fruit Concentrates: Global Market Intelligence (2023-2030)

REPORT OBJECTIVES

The report "Fruit Concentrates: Global Market Intelligence (2023-2030)" provides market intelligence on the different market segments, based on type, form, application, sales channel, and geography. Market size and forecast (2023-2030) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2) market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends, 3) detailed analysis of current dynamics and trends, key market players, and strategies in the market, 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants, 5) provide emerging opportunities in the market and the future impact of major drivers and restraints of the market and, 6) support decision makers in making cost-effective business decisions.

RESEARCH METHODOLOGY

In our market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Extensive primary research was also carried out by interviewing the key executives from the industry. These interviews helped us to fill-in the data gaps after secondary research. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study. The respondents - selected experts from manufacturers and selected suppliers - have been interviewed to obtain and verify critical information as well as to assess the future prospects. The usage of obtained information is based on the perceived reliability by the research team. In many cases, a combination of several sources was used. Sprout Intelligence provides an in-depth analysis of the market segmentation, which is a critical element of the market intelligence reports at Sprout Intelligence.

KEY AUDIENCE

Executives in marketing, strategic planning and new product development will find such discussions in our reports pertinent and useful. Management consultants, investment bankers, manufacturers, distributors, suppliers, and regulatory authorities are amongst our regular clientele served.

DATA SOURCES

The general data sources used in this report are company websites, trade association publications, regulatory authorities, journals, magazines, news websites, press releases, media publications, interaction with industry experts, company executives, research papers, articles, patents, scientific literature, among many others.

KEY FINDINGS FROM THE REPORT

The global fruit concentrates market is expected to grow at a CAGR of around 6% from 2023 to 2030. Fruit concentrates are a popular and versatile ingredient used in a wide range of food and beverage products around the world. The global market for fruit concentrates is driven by several key factors that are expected to continue to shape the market in the coming years. One of the major drivers of the market for fruit concentrates is the increasing demand for natural and healthy food products. Fruit concentrates are often used as a natural sweetener and flavoring agent in a wide range of food and beverage products, including juices, smoothies, yogurts, and baked goods. With consumers becoming increasingly health-conscious, there is a growing demand for products that are made with natural and healthy ingredients, and fruit concentrates are well positioned to meet this demand. Another important driver of the market for fruit concentrates is the growing demand for convenience and longer shelf life. Fruit concentrates are available in a wide range of flavors and can be stored for longer periods of time than fresh fruit, making them an ideal ingredient for use in a wide range of processed food and beverage products. With the global demand for convenience food products on the rise, the market for fruit concentrates is expected to continue to grow in the coming years. The market for fruit concentrates is also driven by increasing demand from the food and beverage industry. As the industry continues to innovate and develop new products, there is a growing need for versatile and high-quality ingredients, and fruit concentrates are well-suited to meet this demand. With the market for processed food and beverage products expected to continue to grow in the coming years, the demand for fruit concentrates is likely to increase as well.

Asia-pacific is the largest market for fruit concentrates followed by Europe and North America.

The key players in this market are Dohler Group, Kerr Concentrates, Sudzucker, China Haisheng Juice Holdings Co Ltd, and LemonConcentrate among many others.

Sprout Intelligence expert team projected the global fruit concentrates marketis expected to cross mark of USD 30 billion.