The fruit and vegetable ingredients global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Fruit And Vegetable Ingredients Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The fruit and vegetable ingredients market size has grown strongly in recent years. It will grow from $221.27 billion in 2023 to $234.62 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The growth in the historic period can be attributed to health awareness, clean label movement, flavor and taste enhancement, rise in vegetarian and vegan diets, shifting consumer preferences.
The fruit and vegetable ingredients market size is expected to see strong growth in the next few years. It will grow to $304.14 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising demand for natural food additives, innovative product development, convenience and ready-to-eat solutions, expansion in global markets, changing consumer dietary patterns. Major trends in the forecast period include global culinary fusion, sustainable sourcing and production, convenience and snacking trends, functional foods and ingredients, plant-based and vegan diets.
Order your report now for swift delivery @
https://www.thebusinessresearchcompany.com/report/fruit-and-vegetable-ingredients-global-market-report
Scope Of Fruit And Vegetable Ingredients Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Fruit And Vegetable Ingredients Market Overview
Market Drivers –
The increase in demand for plant-based foods is expected to propel the fruit and vegetable ingredients market. Plant-based foods are primarily made of whole or minimally processed plant parts, such as grains, nuts, seeds, and other whole or unprocessed foods such as fruits and vegetables. Consumer behavior has changed significantly due to the COVID-19 epidemic toward more wholesome foods to increase immunity, which aids in battling the virus. Consuming these fruit and vegetable ingredients, which offer various nutritional advantages, could help consumers attain their increased focus on overall wellness. The increasing awareness of being vegan among consumers is growing as consumers depend on plant-based foods or processed vegan foods that have fruit and vegetable ingredients with rich nutritional values. For Instance, In January 2022, according to the Good Food Institute, a US-based non-profit organization, retail sales of plant-based substitutes increased twice in the US in 2020. Additionally, sales of plant-based meat substitutes increased by 45%. Furthermore, according to Grubhub, a US-based food delivery firm, orders for vegan meal delivery increased by 17% in June 2021 compared to June 2020. The orders for plant-based burgers increased by 28%, while orders for vegetarian cuisine increased by 55%. Therefore, the demand for plant-based foods will drive the fruit and vegetable ingredients market.
Market Trends –
Product innovation is the key trend in the fruit and vegetable ingredients market. Major companies operating in the food and vegetable ingredients market are focused on innovating new products to strengthen their market position. Product innovation allows businesses to remain relevant to their customers’ needs while developing and improving over time. For instance, In September 2021, Koa Switzerland, a Switzerland-based start-up company operating in the food and vegetable ingredients market, partnered with French-based chocolate manufacturer Valrhona to create Oabika. Oabika is a concentration made from the white pulp that coats and protects the beans in the cocoa pod. It is filtered, pasteurized, and gradually lowered to 72 degrees Brix to generate a 100% cocoa pulp concentrate. Due to its distinct aroma and flavor is used in various applications, including ganaches, jellies, sauces, glazes, ice creams, and others.
The fruit and vegetable ingredients market covered in this report is segmented –
1) By Type: Concentrates, NFC Juices, Pastes And Purees, Pieces And Powders
2) By Nature: Organic, Conventional
3) By Category: Fruits, Vegetables
4) By Application: Bakery Products, Confectionery Products, Dairy Products, RTE Products, Soups And Sauces, Beverages, Other Applications
Get an inside scoop of the fruit and vegetable ingredients market, Request now for Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=8260&type=smp
Regional Insights –
North America was the largest region in the fruit and vegetable ingredients market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fruit and vegetable ingredients market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies –
Major companies operating in the fruit and vegetable ingredients market report are AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Tate & Lyle plc, Olam International Limited, Ingredion Incorporated, Cargill Incorporated, Döhler GmbH, Sensient Technologies Corporation, SunOpta Inc., Diana Food SAS, SVZ Industrial Fruit & Vegetable Ingredients Inc., Kanegrade Ltd., FruitSmart Inc., Milne Fruit Products Inc., Tree Top Inc., Welch Foods Inc., Frutarom Industries Ltd., Givaudan SA, Symrise AG, Firmenich SA, International Flavors & Fragrances Inc., Takasago International Corporation, Mane SA, Kerry Group plc, Taura Natural Ingredients, Paradise Fruits Solutions GmbH, Van Drunen Farms, Kiril Mischeff Ltd.
1. Executive Summary
2. Fruit And Vegetable Ingredients Market Report Structure
3. Fruit And Vegetable Ingredients Market Trends And Strategies
4. Fruit And Vegetable Ingredients Market – Macro Economic Scenario
5. Fruit And Vegetable Ingredients Market Size And Growth
…..
27. Fruit And Vegetable Ingredients Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact Us:
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
