Fruit Powder Market Size - Growth, Trends, and Forecasts (2020 - 2025)
|出版商||Mordor Intelligence LLP||商品編碼||708610|
|出版日期||內容資訊||英文 110 Pages
|全球果汁粉市場:成長，趨勢，及預測(2020年∼2025年) Fruit Powder Market Size - Growth, Trends, and Forecasts (2020 - 2025)|
|出版日期: 2020年01月01日||內容資訊: 英文 110 Pages||
Global Fruit Powder Market is poised to grow at a CAGR of 7.6% during the forecast period, 2019-2024.
Global fruit powder market is segmented on the basis of type, fruit powders is segmented into banana, grapes, blueberry, apple, strawberry, mango, and others. Among all, grapes and banana are projected to be the fastest growing segment in food and beverages. On the basis of aplication, fruit powders market is segmented into bakery, confectionery, dairy, beverages, snacks, and others. Among all, the beverages is dominating the market owing to high application of fruit powders in smoothies, fruit drinks, energy drinks, and carbonated drinks. Moreover, the study provides an analysis of the fruit powder market in the emerging and established markets across the world, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Robust Demands from Ready-to Drink and Functional Beverages
The functional beverage is the fastest-growing segment within the nutraceuticals industry, and the developing markets have a growth potential for these beverages. Within the functional beverage segment, enhanced water and ready to drink beverages are seeing an increased consumer demand. Fruit powders are thus poised to witness increased utilization in the foreseeable future. Fruit mixes are gaining popularity among consumers as a result of their unique flavor. Rising demand for convenience food and ready-to-drink products is expected to positively impact the market over the forecast period.
Europe Holds the Major Share in Fruit Powder Market
Increasing usage of fruit powders in meat industry coupled with rising demand for natural colorants, has strengthened the growth of global fruit powders market and hence is projected to significantly expand the revenue contribution of the market over the forecast period. Europe followed by Asia-Pacific are two important regional markets for fruit powders, the growing demands for functional beverages has strengthen the market sentiments for fruit powders in Europe. India and China are expected to be regional hotspot in Asia-Pacific fruit powders market
The global players in fruit powder market are embarking on new product development and packaging innovation to boost their sales growth. The capital requirements for fruit powder industry is moderate given the increased penetration of drying techniques and equipment, thus increasing number of regional players are able to offer cost-effective formulations that are favorable for end-user industries. Some of the major companies in the fruit powder market are DMH Ingredients, Kerry Group, Kanegrade, Nutradry, The Green Labs LLC, and Vee Kay International, among others.