About Strawberry Preserves
The strawberry preserves market is expected to grow at a healthy pace during the forecast period. Typically, more textured than jam or jelly, these preserves contain larger pieces or whole strawberries, making them ideal for various cooking and baking applications. The introduction of flavored dairy products such as milk shakes, flavored milk, and yogurt is expected to be one of the major factors aiding into the growth for the market. However, the market is expected to witness some decline in the growth during the next few months, but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The vendors in this market are majorly focusing on developing products and solutions in order to cater to the market's demands to remain competitive in the global market. As per the current COVID-19 pandemic scenario in the market, the vendors are majorly facing demand & supply gap issues & challenges due to lack of transportation & logictics facilities in the retail sector owing to reduced production of strawberry preserves. Analyst at AMA Research estimates that United States, Switzerland Vendors will contribute the maximum growth to Global Strawberry Preserves 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), Andros (France), Doehler GmbH (Germany), Fourayes (England), Fresh Food Industries Pty Ltd (Australia), Frulact (Portugal), Hero Group (Switzerland), Ingredion Incorporated (United States), MIGROS (Switzerland), PURATOS GROUP (Belgium) and The J.M. Smucker Company (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 SVZ Industrial Fruit & Vegetable Ingredients (Netherlands), Valio Ltd (Finland), Zentis (Germany) and ZUEGG (Italy).
Segmentation Overview
AMA Research has segmented the market of Global Strawberry Preserves market by Type (Jam, Filling and Others), Application (Dairy Industry, Baked Product Industry, Ice-Cream Industry and Others) and Region.
On the basis of geography, the market of Strawberry Preserves 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. Powdered will boost the Strawberry Preserves 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 Strawberry Preserves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Blended Flavored Products such as Mixed Fruit Jam, Flavour based Chocolates, and Flavoured Beverages
Market Growth Drivers:
Introduction of Ready-to-Drink Flavoured Dairy Products Such as Milk Shakes, Flavoured Milk, and Flavoured Curd and Growing Demand from Ice-Cream Industry due to Rising Consumption of Ice-Cream Across the World
Challenges:
High Cost of Premium Flavoured Products
Restraints:
Short Term Restraint for the Market Due to Shutting Down of Operations & Process of Many Companies Across Different Parts of the World Due to High Economical Impact of COVID-19 Pandemic
Opportunities:
Opportunities in the Asia Pacific Region
Market Leaders and their expansionary development strategies
In September 2023, UNFI a major natural food distributor, launched its own private-label line of fruit spreads, including strawberry preserves. This move could increase competition in the private-label segment and put pressure on established brands.
In October 2023, Freeda Bakery Introduced its "Everything but the Bagel" Strawberry Preserves, featuring the popular seasoning blend for a savory and sweet condiment.
Stringent Worldwide Government Regulations Regarding Lockdown of Cities' & States' Operations Leading to Generation of Demand & Supply Gap in the Market
Key Target Audience
Health-Conscious Consumers, Bakers and Culinary Enthusiasts, Budget-Conscious Consumers, Restaurants 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.