About Fruit Pomace
Fruit pomace is a residue of fruit that remains after fruits processing’s. It is also classed as marc. Residue comprises of skins, seeds and pulp of fruits. They are also known as by product of fruit processing industry. They further used by washing, drying and milling in end use industries. Fruit pomace is rich source of fibre and antioxidants which is essentials ingredient for dietary supplements. Hence it is widely used for the production of dietary supplements and nutraceuticals. They are obtained from number of fruits like apple, grapes, berries and others. Apple pomace is majorly used in animal feed owing to its health benefits. Thus, fruit pomace witnessing huge demand from end use industries.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The market of fruit pomace is expected to grow with rising demand from food and beverage processing’s markets. Several companies are operating in the market to provide fruit pomace for number of end use industries in bulk quantities. The market is highly fragmented with the presence of number of market players. They are gaining attention owing to raised demand. They are taking certain strategic initiatives with new entrants to expand their existing portfolio. 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.
Frunutex (Poland), Atoka Cranberries Inc. (Canada), Marshall Ingredients (United States), Lemonconcentrate S.L.U (Spain), Shouguang Futailai Bio Co., Ltd. (China), Shijiazhuang Yinniu Feed Co., Ltd. (China), Greenfield. (Poland), Louis Dreyfus Company B.V. (Netherland), LaBuddhe Group Inc. (United States), Calico Food Ingredients Ltd. (Canada) and Qindao CTC Feed Corp (China) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Vinayak Ingredients India Pvt Ltd. (India), Hashmitha Enterprise (India) and Others.
Segmentation Overview
AMA Research has segmented the market of Global Fruit Pomace market by , Application (Food & Beverages, Personal & Cosmetics Care, Biofuel Production, Nutraceuticals, Animal Feed and Others) and Region.
On the basis of geography, the market of Fruit Pomace 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 Nature, the sub-segment i.e. Organic will boost the Fruit Pomace market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Form, the sub-segment i.e. Powder will boost the Fruit Pomace market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging Type, the sub-segment i.e. LDPE Pouches will boost the Fruit Pomace market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Source, the sub-segment i.e. Berries will boost the Fruit Pomace market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Popularity of Dietary Supplements and Nutraceuticals
Market Growth Drivers:
Rising Food and Beverages Processing’s, Increasing applicability of Fruit pomace in Animal Feed, Cosmetics products leads to the Demand and Growing Awareness Regarding Biofuel as Renewable Energy Resource Impacted on the Demand for Fruit Pomace in Positive Manner
Challenges:
Strengthen Regulatory Norms Regarding Addictive’s in Fruit Pomace and Issue Related to Supply Chain Logistics in Global Trading
Restraints:
Adverse Climatic Condition may Impact on Fruits Production
Opportunities:
Rising Preference of Animal Holders to Consider Fruit Pomace in Animal Feed has Created Growth Opportunities and Growing Awareness Regarding the Consumption of Organic Food
USDA Combination Grade Standards for Apples, It is necessary to meet requirement of combination grade by 50 % of the apples in any lot. This combination Grade as Includes:, (a) Combinations of the above grades may be used as follows:, (1) Combination U.S. Extra Fancy and U.S. Fancy;, (2) Combination U.S. Fancy and U.S. No. 1; and, (3) Combination U.S. No. 1 and U.S. Utility. and (b) Combinations other than these are not permitted in connection with the U.S. apple grades.
Key Target Audience
Fruit Pomace Manufacturers, Fruit Pomace Suppliers/Distributor, Raw Material Suppliers, New Entrants/Investors, Strategic Business Planners, Governments and End Use Industry
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.