Fruit Preparation Market
Fruit Preparation Market Study by Pulp & Purees, Fruit Concentrates, and Fruit Powder in Beverages, Dairy & Frozen Desserts, Bakery & Confectionery, and Infant Food From 2024 to 2034
Analysis of Fruit Preparation Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Fruit Preparation Market Outlook (2024 to 2034)
Worldwide revenue from sales of fruit preparations is estimated to stand at US$ 50.21 billion in 2024 and is slated to increase at a CAGR of 6.2% to reach US$ 91.63 billion by 2034.
Fruit preparations are crucial ingredients that contribute naturally occurring taste and nutrients to a wide range of final products. The market for food preparations is expanding due to several factors, including rising health concerns, increasing consumer awareness about nutrient-dense drinks and food items, and growing consumer desire for shelf-stable and nutritious goods.
Fruit powder's worldwide market is growing because of consumers' growing desire for natural and healthful products. This powder is produced by dehydrating or freeze-drying fruits. Fruit powders retain all of the phytonutrients in fruit taste, giving final products a vibrant color, high nutritious content, and robust flavor. They are often used to enhance the look, taste, texture, flavor, and nutritional profile of processed and packaged items such as bakeries and confections. These are utilized in food products as well as cosmetics and personal care products because of their soothing, anti-inflammatory, and antioxidant properties, which are helping the market, grow.
Growing consumer demand for naturally flavored dairy products and growing acceptability of high-end natural spreads and fruit snacks are two major factors driving the global market's expansion. One important factor that is opening up new opportunities for participants in the global market is a trend toward personalized dairy-based, fruit-infused food and drink products. Major companies operating in the worldwide market for fruit preparation for dairy products are focusing on launching innovative and specialized products to satisfy the individualized needs of customers. Food items are often designed to meet specific requirements, such as those related to color, flavor profile, fruit variety, and cheese kind.
One of the main drivers propelling the worldwide market's growth is the rising popularity of natural spreads and fruit snacks, as well as the rising use of naturally flavored dairy products. The trend toward personalized dairy-based fruit-infused food and drink items is a significant element that is creating business prospects for market participants. Key producers of fruit preparation are focusing on introducing novel and customized goods to meet the specific demands of their customers. Food items are essentially tailored to meet specific requirements for, among other things, fruit and cheese varieties, color, melt qualities, and flavor profile.
Some of the key market leaders, including Cargill, Incorporated, and Cesarin S.p.A., Ltd., focus on commercial development with strategies such as volume expansion, creative product introductions, and substantial manufacturing investments. These companies are further contributing to the global market growth.
Report Attribute | Detail |
---|---|
Fruit Preparation Market Size (2024E) | US$ 50.21 Billion |
Forecasted Market Value (2034F) | US$ 91.63 Billion |
Global Market Growth Rate (2024 to 2034) | 6.2% CAGR |
North America Market Value (2024E) | US$ 12 Billion |
Mexico Market Value (2034F) | US$ 4.43 Billion |
Fruit Powder Segment Growth Rate (2024 to 2034) | 4.3% CAGR |
United States Market Value (2034F) | US$ 10.15 Billion |
Key Companies Profiled | AGRANA; Fresh Juice Industry; Frulact; ANDROS; ZUEGG; Tree Top; ZENTIS; SVZ International; Hero; Dohler GmbH; Valio; Puratos; BINA; Ingredion; Smucker; Fourayes; ShangHai YiFang Rural Technology; Fresh Food Industries. |
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What is Accelerating Market Growth for Fruit Preparation Suppliers?
“Extensive Shelf Life Driving Fruit Preparation Market Growth”
When compared to fresh fruit, fruit pulp always lasts a longer shelf life. Pulp keeps all of the vitamins, minerals, and proteins that were added after processing while it is stored frozen or cold. Fruits are possible to be stored in frozen, normal, or cold conditions for up to one month, although they are perishable. Fruit pulp or puree is developed so that food items made from fruits are produced later on without compromising their natural ingredients and have a longer shelf life.
Fruit pulp or puree potentially lasts anywhere about a year under US standards, depending on the variety. Additionally, depending on the storage circumstances of final items, puree/pulp products do have a long shelf life. Long shelf life makes pulp easier to carry and utilize later on in addition to helping to store it for longer. End users keep pulp for future processing thanks to its long shelf life, which lowers the prices of producing finished items and further helps with inventory management.
“Increasing Importance of Micronutrients among Customers Driving Demand”
Fruit powders have a longer shelf life than fresh or frozen food products because they usually comprise fruits that are dried at low temperatures. Customers who are always trying to get their ideal daily intake of nutrients are consuming functional foods and drinks.
Product demand is increasing because of a growing understanding of the significance of micronutrients, such as minerals, vitamins, and amino acids. As consumers' lifestyles change, they are more inclined to select convenience meals that meet their unique nutritional needs. Fruit powder demand is growing with surging consumer demand for nutraceuticals.
Fruit powders are used in several applications within the food and beverage sector. Food makers create goods with novel and distinctive flavors thanks to several fruit powders available in different flavors. There is a great need for a wide range of fruit powder-based beverages that are rich in antioxidants, vitamins, and minerals.
Manufacturers prepare fruit powders with several fruits, including exotic, citrus, tropical, and others, by utilizing different technical breakthroughs. Fruit powders are produced by companies using a variety of processing procedures, including air drying, drum drying, freeze drying, and spray drying.
What is Restricting Market to Increase its Potential Growth?
“Food Recalls a Major Hindrance in Front of Suppliers”
Food goods that are contaminated due to a flaw or malfunction in the supply chain are recalled. A food recall is defined by Food Standards Australia New Zealand (FSANZ) as an action taken to remove hazardous food from distribution, sale, and consumption that endangers public health. A food recall starts when there is a notice or complaint regarding a product's quality. Because of the rising number of product recalls, an adverse impact on the overall fruit preparation market size is encountered.
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Country-wise Analysis
The market is growing worldwide as more people focus on healthy diets including several fruits. Several key countries contributing to this market are the United States, China, Canada, and Mexico. The United States is forecasted to hold a strong fruit preparation market share in North America.
What are Escalating Revenues for Fruit Preparation Suppliers in the United States?
“Growing Consumer Demand for Custom Powdered Solutions”
Attribute | United States |
---|---|
Market Value (2024E) | US$ 5.34 Billion |
Growth Rate (2024 to 2034) | 6.6% CAGR |
Projected Value (2034F) | US$ 10.15 Billion |
Escalating revenues for fruit preparation suppliers in the United States are driven by growing consumer demand for custom powdered solutions. With consumers increasingly seeking convenience and tailor-made products, suppliers are witnessing a surge in sales of fruit preparation products in powdered form.
This trend is further impacted by the versatility of powdered solutions, which are easily incorporated into a wide variety of food and beverage applications. As a result, fruit preparation suppliers are experiencing heightened demand and expanding their product offerings to cater to diverse market needs, ultimately contributing to an overall increase in revenues in the United States.
Which Factors are Working in Favor of Suppliers in China?
“Different Tastes and Preferences Raising Sales of Fruit Preparation”
Attribute | China |
---|---|
Market Value (2024E) | US$ 5.5 Billion |
Growth Rate (2024 to 2034) | 6.2% CAGR |
Projected Value (2034F) | US$ 10.05 Billion |
In China, factors working in favor of fruit preparation suppliers include the influence of different tastes and preferences on raising sales of products. As consumer preferences continue to evolve, there is a notable uptick in the consumption of fruit preparation items driven by the diverse tastes and preferences of the market in China.
The increasing appeal of fruit-based products among consumers, coupled with a growing inclination towards healthier food choices, has significantly contributed to a rise in sales for fruit preparation suppliers in China. Consequently, suppliers are leveraging these varied tastes and preferences to tailor their offerings, thereby capitalizing on this trend to enhance their market presence and drive growth within the region.
Category-wise Evaluation
The global market is segmented into a variety of categories including several types of fruit preparation. Some of the popular types include pulp and purees, fruit concentrate, and fruit powder.
Which Type of Fruit Preparation is More Popular among Customers?
“Pulp & Purees Becoming More Popular and Purchased Significantly”
Attribute | Pulp & Purees |
---|---|
Segment Value (2024E) | US$ 19.88 Billion |
Growth Rate (2024 to 2034) | 6% CAGR |
Projected Value (2034F) | US$ 35.55 Billion |
Among several types of fruit preparations, pulp and purees are becoming increasingly popular and are purchased significantly worldwide. Consumers are drawn to the natural and rich flavor of pulp and purees, making them a favored choice for incorporating fruits into various food and beverage products. With their versatility and convenience, pulp and purees have carved a prominent place in the global market, appealing to both manufacturers and end consumers alike.
What Application is Generally Preferred for Fruit Preparation Worldwide?
“Widespread Consumption of Fruit Preparations in Beverages for Bringing Different Tastes”
Attribute | Beverages |
---|---|
Segment Value (2024E) | US$ 16.97 Billion |
Growth Rate (2024 to 2034) | 5.9% CAGR |
Projected Value (2034F) | US$ 30.15 Billion |
Fruit preparations are generally preferred for enhancing the taste and flavor of beverages worldwide. Whether it is adding a refreshing twist to juices, smoothies, or alcoholic drinks, fruit preparations play a crucial role in bringing forth distinct and appealing tastes. Their ability to complement a wide range of beverages while offering consistency in flavor and texture has contributed to their widespread use in the beverage industry. As consumers continue to seek natural and premium ingredients, fruit preparations have remained a top choice for creating flavorful and enticing beverage offerings. This is increasingly becoming a new fruit preparation market trend.
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Market Situations
Key players in the fruit preparation market are focusing on implementing new approaches to stay ahead of the competition, a few of them include. To keep ahead of the competition, major competitors in the market are collaborating with other businesses. To broaden their product offering, several businesses are also investing in the introduction of new products. Players also employ mergers and acquisitions as important tactics to diversify their product lines.
Fact.MR provides detailed information about the price points of key players of the fruit preparation market positioned across the world, sales growth, production capacity, and speculative technological expansion, in this new market report.
Segmentation of Fruit Preparation Market Research
-
By Type :
- Pulp & Purees
- Fruit Concentrates
- Fruit Powder
-
By Application :
- Beverages
- Alcoholic
- Non-Alcoholic
- Dairy & Frozen Desserts
- Bakery & Confectionery
- Infant Food
- Beverages
-
By Distribution Channel :
- Traditional Trade
- Modern Trade
- Industrial
- Foodservice
-
By Region :
- North America
- Western Europe
- Eastern Europe
- Latin America
- East Asia
- South Asia & Pacific
- Middle East & Africa
- FAQs -
How big is the size of fruit preparation market in 2024?
The global market for fruit preparations is evaluated at US$ 50.21 billion in 2024.
What is the demand forecast for fruit preparations for 2034?
Worldwide demand for fruit preparations is projected to reach a market value of US$ 91.63 billion by 2034.
At what CAGR is demand for fruit preparations projected to accelerate?
The global market for fruit preparations is forecasted to expand at a CAGR of 6.2% from 2024 to 2034.
What is the contribution of North America to global market revenue?
North America is projected to account for a 24.3% share of the global market by 2034-end.
What is the growth rate of fruit preparations in Japan?
Demand for fruit preparations in Japan is projected to increase at a CAGR of 6.7% from 2024 to 2034.
How much share of the global market is projected to be held by the beverage segment?
Application of fruit preparations in beverages is analyzed to account for a 32.9% share of global market revenue by 2034-end.
Who are prominent players in the global market?
Key players in this market are AGRANA, Frulact, ZUEGG, ZENTIS, and Hero.