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The global Fruit Concentrate Market size was valued at USD 35 billion in 2020 and is determined to develop with a compound annual growth rate of about 6% in the next five years.<br><br>Request Sample: https://www.marketdataforecast.com/market-reports/fruit-concentrate-market/request-sample<br>
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Increase in health-conscious consumers drives the Fruit Concentrate Market Global Fruit Concentrate Market foreseen to cross USD 52 billion by 2025 North America holds the top place in the Global Fruit Concentrate Market Market overview: The global Fruit Concentrate Market was worth USD 35 billion in 2019, and it is estimated that it will reach a valuation of USD 52 billion by 2025 at a CAGR of 6% during the conjecture period. The fruit is concentrated by the extraction of water, so its transport, storage and distribution are easy and inexpensive. Fruit concentrates are widely available in clear concentrate, pureed concentrate, liquid concentrate, frozen concentrate, and powder concentrate. Manufacturers widely use fruit concentrates in a variety of food products to ensure that their customers receive these products in their natural form. They act as natural sweeteners and are also used to produce natural food colors and various confectionery and dessert items. Recent developments: In April 2019, Doehler North America Inc. will expand the company's product portfolio by acquiring the majority of Zumos Catalano Aragoneses SA. Market Drivers and Restrains: Increasing demand for healthy and convenient food, lifestyle changes, increasing urbanization and increasing disposable income are key drivers of market growth. Fruit concentrate is the most economical and convenient alternative to fresh fruit in a wide variety of applications, which is why it is in increasing demand in the global market. Liquid concentrates are also called juice concentrates. It is used prominently in the production of reconstituted fruit juices. The increasing demand for puree concentrates as a sweetener for baby food and snacks is accelerating the growth of the global market for fruit concentrates. The fruit concentrates market is expected to be driven by both developing and developed countries. The clear enrichment segment held the largest market share worldwide. Busy schedules, fast and busy lifestyles, and growing awareness of the
health benefits of fruits are driving demand for fruit juice concentrates. North America and Europe have the largest share of the global fruit juice concentrate market, and its growth is constantly increasing. Most companies in the food industry are introducing new flavors for the middle class, helping to drive the growth of the global fruit juice concentrate market. However, fresh fruits are always better for consumption than concentrated fruits, because concentrated fruits contain excessive fructose, high fructose consumption negatively affects and the production of fruit concentrates depends on fruit production. These factors hold back the growth of the market. To know more read: https://www.marketdataforecast.com/market-reports/fruit-concentrate-market Report is segmented as: The global market for fruit concentrates is segmented by application, type of fruit and region. Applications are classified into baby food, pumpkin, frozen products, dairy products, sodas and juices. Depending on the type of fruit, the global market is divided into bananas, apples, pineapples, oranges, etc. Geographical Segmentation: North America is a leader in the world market for fruit concentrates. The market in the Asia Pacific region is based on applied industries such as the confectionery and bakery industries. Other factors such as the use of fruit concentrate as a substitute for sugar in the bakery sector, reduced logistics and storage costs, changing consumer trends and food preferences, and the demand for sugar concentrates are expected to drive market growthin the coming years. The worldwide popularity of fruit juices and flavors in the Middle East and Africa is driving the global market for fruit concentrates. Impact of COVID 19 on Fruit Concentrate Market COVID-19 has affected market economies around the world and more than 190 countries have witnessed it. The rising world unemployment rate has had a notable impact on the growth of the world market for fruit concentrates. Key market players:
The key players operating in the global fruit concentrate market are Kerry Group Plc., Capricon, Cherimoya, Oceanaa, AGRANA Group, Coca Cola’s Minute Maid, Dohler Group, Acerola, Starfruit and Lychee. View sample and decide: https://www.marketdataforecast.com/market-reports/fruit-concentrate- market/request-sample Scope of the report: The report offers a comprehensive examination of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in influencing the market dynamics and trends discussed in detail at the product level. Further, the performance of the market at the regional and country-level had assessed and the prospects with huge growth potential identified and debated. The key players in the industry are profiled giving insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategically activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry had provided. The report also provides a broad outlook of the current market along with recommendations from industry experts on the opportunities for investment activity. What else? Apart from the syndicated report, our in-house team has an expertise and experience in designing custom reports to meet your specific research needs and assist you in making well-informed decisions. About Us: Market Data Forecast is a firm working in the areas of market research, business intelligence and research, business intelligence and consulting. We have rich experience in research and consulting for various business domains to cater to the needs of both individual and corporate clients.
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