About Fruit and Vegetable Ingredients
Ingredients of fruits and vegetables are ready from desired fruits and vegetables of daily want. They are essential for humans to stay alive and uphold a healthy style. These ingredients encompass proteins, fats, carbohydrates, and minerals that type a cluster of a healthy diet and provide nutrition. The daily diet includes different applications of ingredients and the popularity of natural ingredients in the fitness and commercial industry is causing the surge in demand for the same.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Fruit and Vegetable Ingredients 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 and Vegetable Ingredients 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 United States Vendors will contribute the maximum growth to Global Fruit and Vegetable Ingredients 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.
Olam International (Singapore), Archer Daniels Midland Company (United States), Kerry Group plc (Ireland), AGRANA Group (Austria), Döhler (Germany), DIANA Group S.A.S. (France), SVZ International BV (Netherlands) and Sensient Technologies Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are SensoryEffects Ingredient Solutions (United States) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Fruit and Vegetable Ingredients market by Type (Concentrates, Pastes & Purees, NFC Juices, Pieces & Powders and Others), Application (Beverages, Confectionery, Bakery, Dairy Products and Other) and Region.
On the basis of geography, the market of Fruit and Vegetable Ingredients 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). Europe region held largest market share in the year 2023. If we see Market by End Use Industry, the sub-segment i.e. Household will boost the Fruit and Vegetable Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Sales Channel, the sub-segment i.e. Online will boost the Fruit and Vegetable Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Plastic Bottle will boost the Fruit and Vegetable Ingredients market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Clean Label Production and Premium Packaging
Market Growth Drivers:
Rising Demand for Snacks & Convenience Food and Beverages Due to Changing Consumer Preferences and Demand for Exotic Fruits and Vegetables Such as Avocadoes, Mangoes
Challenges:
Strict Food Safety Legislations Along with Seasonal Variations in Supply of Raw Materials and Unfavourable Weather Conditions
Restraints:
Increasing Instances of Unfair Trade Practices Such as Adulteration
Opportunities:
Rise in Popularity of Flavouring Industry especially in Bakery and Confectionery and Beverages and Rise in the Increasing Demand for Organic Food Preservatives
Market Leaders and their expansionary development strategies
In 2020, Archer Daniels Midland (ADM) acquired Yerbalatina Phytoactives, a natural plant-based extracts and ingredients manufacturer, to strengthen the health and wellness market. This acquisition will combine R&D capabilities and market expertise and strengthen science-based microbiome solutions for human and animal health.
In 2020, Archer Daniels Midland Company (ADM) is partnering with Imagine Meats for plant-based alternatives for meat-like taste and ingredients. This partnership will innovate the portfolio of protein ingredients and applications labs to create traditional Indian dishes opting for meat alternatives as sustainable and healthy choices.
Key Target Audience
Fruit and Vegetable Ingredients Manufacturer, Distributor/Supplier, Raw Material Provider, Research Institutes, End-User Industry 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.