About Fruit Concentrate
The fruit concentrate is made by removing water thus making it easy and less costly for warehousing, shipping, and transportation. Fruit concentrate acts as natural sweeteners and also used to produce natural food colors and a variation of confectionery and desserts items. Producers extensively use fruit concentrates in many food products so that clients can receive these products in the natural form. They are available in the different form including puree concentrate, clear concentrate, liquid concentrate, frozen concentrate, and powder concentrate forms.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.6% |
Competition among existing players is due to the Fruit Concentrate market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Fruit Concentrate market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Fruit Concentrate market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Agrana Beteiligungs Ag (Austria), China Haisheng Juice Holdings Co. Ltd. (Hong Kong), Coca-Cola (United States), Döhler Group (Germany), Hershey (United States), Kanegrade Ltd. (United Kingdom), Kerr Concentrates Inc. (Ingredion Incorporated) (United States), Kerry Group (Ireland), Lemon Concentrate S.L. (Spain) and SVZ (Netherlands) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Rudolf Wild Gmbh & Co. Kg (Germany), Skypeople Fruit Juice Inc. (United States), Sudzucker (Germany) and Sunopta Inc. (United States).
Segmentation Overview
AMA Research has segmented the market of Global Fruit Concentrate market by , Application (Beverages, Bakery, Confectionery, Dairy and Others) and Region.
On the basis of geography, the market of Fruit Concentrate has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Form, the sub-segment i.e. A Liquid Concentrate will boost the Fruit Concentrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Fruit Concentrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavor, the sub-segment i.e. Orange will boost the Fruit Concentrate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Demand of Puree Concentrates As Sweeteners in Baby Food Products and Snacks and Rising Demand for a High Scale of Volume in the Beverages Market
Market Growth Drivers:
Changing Food Consumption Pattern, High Demand Due To Usage as a Substitute for Sugar in the Bakery Sector and Growth in Food and Beverages Industry
Challenges:
Concentrated Fruits Contain Excess Fructose Which May Causes Adverse Effects
Restraints:
Inclination towards the Fresh Fruits Consumption
Opportunities:
Rising Consumption of Processed Food Products in Developing Countries and Growing Health Food Trends Creates New Opportunity
Market Leaders and their expansionary development strategies
In March 2019, the fruit, starch, and sugar group AGRANA have opened its second production site for fruit preparations in China. For this production site, the company makes an investment of 22 million dollars.
In Feb 2019, Coco-Cola has launched Line of Bottled 100% Fruit Smoothies. There are three flavors including such as Strawberry Banana, Mango Pineapple and Orchard Berry.
Key Target Audience
Manufactures of Fruit Concentrates, Suppliers Distributors, Government Regulatory Bodies, Government and Private Research Organization and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.