About Fruit Preserves
Fruit preserves are fruits, or vegetables, that have been prepared and canned for long term storage. The preparation of fruit preserves traditionally includes the use of pectin as a gelling agent, although sugar or honey may be used as well. The ingredients used and how they are prepared will determine the type of preserves. Jams, Fruit Butter, jellies, and marmalades are all examples of different styles of fruit preserves that vary based upon the type of ingredients used.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 3.9% |
The market is highly competitive due to the presence of several prominent vendors. These players are adopting some organic and inorganic strategies such as merger, acquisition, partnership, product launches, among others in order to gain competitive advantage. Moreover, some of the prominent vendors are focusing on the technological advancements in order to offer the products as per the market necessities. Analyst at AMA Research estimates that United States and German Vendors will contribute the maximum growth to Global Fruit 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 (Austria), Frulact (Portugal), ZUEGG (Italy), ZENTIS (Germany), Hero (Switzerland), Valio (Finland), BINA (Switzerland), Fourayes (United Kingdom), Fresh Food Industries (India) and Smucker (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 Ingredion (United States), Puratos (Belgium), Dohler GmbH (Germany), SVZ International (United States) and ANDROS (France).
Segmentation Overview
AMA Research has segmented the market of Global Fruit Preserves market by Type (Jam, Jelly, Fruit Butter, Conserves, Marmalade, Chutney, Compote and Others), Application (Dairy Industry, Baked Product Industry, Ice-Cream Industry, Others and Others) and Region.
On the basis of geography, the market of Fruit 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 Ingredients, the sub-segment i.e. Fruits will boost the Fruit Preserves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Flavors, the sub-segment i.e. Strawberry will boost the Fruit 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. Hypermarket/Supermarket will boost the Fruit Preserves market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Demand for Clean-label and Reduced Sugar/Fat Spreads
Market Growth Drivers:
The Growing Production of Fruits and Vegetables across the Globe and The Rising Demand for the Processing of Fruits in Order to Increase the Shelf Life
Challenges:
High Production Cost
Restraints:
Fluctuations in Raw Material Prices
Opportunities:
The Emerging Markets is expected to Open Lucrative Opportunities During the Projected Period
Market Leaders and their expansionary development strategies
In August 2022, Trigarta Curators announced the launch of its six traditional "home recipe" based range of fruit preserves and jams: Strawberry Preserve, Three Citrus Marmalade, Cherry Preserve, Plum Jam, Apricot Jam and Peach Marmalade. These flavors contain 18 to 30% more fruit than other available varieties
In June 2020, Kerry expands its nutritional food range owing to the increasing demand for vegan, organic, and allergen-free products.
The U.S. Food and Drug Administration (FDA) published standards of identity in 21 CFR 150, and treats jam and preserves as synonymous, but distinguish jelly from jams and preserves. All of these are cooked and pectin-gelled fruit products, but jellies are based entirely on fruit juice or other liquids, while jams and preserves are gelled fruit that may include the seeds and pulp. The United States Department of Agriculture offers grading service based on these standards.
Key Target Audience
Manufacturers, Distributors/Traders/Wholesalers, Subcomponent Manufacturers, Industry Association, Downstream Vendors, End Users 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.