Fruit and Vegetable Ingredients Global Report 2024-2028: Sour and Tangy Fruit & Vegetable Ingredients Find Favor in Snack Foods and Bakery Products
Fruit and Vegetable Ingredients Market
Dublin, April 02, 2024 (GLOBE NEWSWIRE) -- The "Fruit and Vegetable Ingredients - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Fruit and Vegetable Ingredients estimated at US$194.1 Billion in the year 2023, is projected to reach a revised size of US$286.8 Billion by 2030, growing at a CAGR of 5% over the analysis period 2023-2030.
Fruit Ingredients, one of the segments analyzed in the report, is projected to record 5.3% CAGR and reach US$173.2 Billion by the end of the analysis period. Growth in the Vegetable Ingredients segment is estimated at 4.5% CAGR for the next 8-year period.
The Fruit and Vegetable Ingredients market in the U.S. is estimated at US$61.2 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$24.9 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.5% and 4.5% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
Key Market Trends & Drivers
Consumer Focus on Healthy Living and Resultant Rise in Demand for Fruit & Vegetable-Based Health Foods: A Significant Market Opportunity
Health Benefits of Fruits & Vegetables to Boost Demand for Fruit & Vegetable Ingredients
Food & Beverage Industry Trends to Shape Growth Trends in Fruit & Vegetable Ingredients Market
Processed Food Industry Dynamics & Rising Demand for Convenience Foods Augur Well for the Market
Fruit & Vegetable Juice Market Witnesses Increasing Attention on Exciting Ingredients
Innovative Juices with Added Healthy Ingredients Flood Promise Growth
Fruit and Vegetable Juices Specific to Meet the Needs of Adult Customers
Fruit & Vegetable Juice Innovations to Present New Opportunities for Fruit & Juice Ingredients Market
Vegetable Juices Emerge as Another Sweetening Option
New Companies to Fuel Innovation
Pandemic-Driven Consumer Demand for Natural Foods & Beverages Presents Opportunities for Fruit & Vegetable Ingredients
As Health Benefits Drive Demand for Smoothies, Demand for Fruit & Vegetable Ingredients to Grow
Growing Preparation of Juices & Smoothies at Home Amidst Heightened Awareness about Health to Spur Market Growth
Fruit & Vegetable Ingredients Grow in Popularity as Flavor Enhancers
New, Emerging Flavors in Major Food Categories
Ongoing 'Purple Invasion' in the Food Color Market
Rising Popularity of Fruit Ingredients in Functional Foods and Beverages
Increasing Use of Fruit & Vegetable Pastes and Purees in Processed Foods and Beverages to Propel Market Growth
Focus on Launch of Organic Fruit & Vegetable-Based Products to Boost Market Prospects
NFC Juices Market: Poised for Healthy Growth
Healthy Snacking Trend Supports Demand for Fruit & Vegetable Ingredients
Sour and Tangy Fruit & Vegetable Ingredients Find Favor in Snack Foods and Bakery Products
Impact of Advancements in Fruit & Vegetable Processing Technologies
Emerging Ingredients to Transform Fruit and Vegetable Ingredients Market
The report features profiles of 70+ featured companies. A selection of companies in the report includes:
AGRANA Beteiligungs-AG
Archer-Daniels-Midland Company
Cargill, Inc.
Ingredion Inc.
Kerry Group Plc
Olam International Ltd.
SunOpta, Inc.
Symrise AG
Sensient Technologies Corporation
Tate & Lyle PLC
Key Attributes:
Report Attribute | Details |
No. of Pages | 524 |
Forecast Period | 2023 - 2030 |
Estimated Market Value (USD) in 2023 | $194.1 Billion |
Forecasted Market Value (USD) by 2030 | $286.8 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
An Introduction to Fruit and Vegetable Ingredients
Global Market Prospects & outlook
Immunity Boosting and On-the-Go Nutrient-Rich Food & Beverage Products Fuel Demand for Fruit and Vegetable Ingredients
Developed Regions Lead Market, Developing Economies to Fuel Long-term Prospects
Competition
Recent Market Activity
Fruit and Vegetable Ingredients - Global Key Competitors Percentage Market Share in 2023 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Nutritional Comparison of Select Common Fruits & Vegetables
% Growth in Claims in Food & Beverage Products Launched With Fruit Ingredients
Global Smoothies Market Breakdown by Type (in %) for 2023
Functional Foods and Drinks Global Market Size (in US$ Billion) by Region for 2020 and 2027
Organic Food as % of Total Food in the US for 2011-2023
Inclination of Millennials towards Health & Fitness and the Ensuing Focus on Fruit & Vegetable -Based Health Foods to Drive Market Gains
Global Millennials Population Spread by Region: 2022
Millennial Population as a Percentage (%) of Total Population in Select Countries: 2022
Megatrends Wield Influence on Market Growth
Ballooning Global Population
World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
Urbanization Trend
World Urban Population in Thousands: 1950-2050P
Degree of Urbanization Worldwide: Urban Population as a % of Total Population by Geographic Region for the Years 1950, 1970, 1990, 2018, 2030 and 2050
Burgeoning Middle Class Population
Global Middle Class Population (In Million) by Region for the Years 2020, 2025 and 2030
Global Middle Class Spending (US$ Trillion) by Region for the Years 2020, 2025, 2030
Challenges Facing Fruit & Vegetable Ingredients Market
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
United States
Canada
Japan
China
Europe
France
Germany
Italy
United Kingdom
Spain
Russia
Rest of Europe
Asia-Pacific
Australia
India
South Korea
Rest of Asia-Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East
Iran
Israel
Saudi Arabia
United Arab Emirates
Rest of Middle East
Africa
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/7tq80r
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