Fruit and Vegetable Ingredients Market by Category (Fruit, Vegetable), Type (Pieces, Powders, Concentrates, Purees, Paste), Nature (Organic, Conventional), and Application (Beverages, Bakery, Dairy, Soups, Sauces, Savory)

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Fruit and Vegetable Ingredients Market by Category (Fruit, Vegetable), Type (Pieces, Powders, Concentrates, Purees, Paste), Nature (Organic, Conventional), and Application (Beverages, Bakery, Dairy, Soups, Sauces, Savory)-Global Forecast to 2030.

According to the research report titled, 'Fruit and Vegetable Ingredients Market by Category (Fruit, Vegetable), Type (Pieces, Powders, Concentrates, Purees, Paste), Nature (Organic, Conventional), and Application (Beverages, Bakery, Dairy, Soups, Sauces, Savory)-Global Forecast to 2030,' the fruit and vegetable ingredients market is projected to reach $294.5 billion by 2030, at a CAGR of 5.5% during the forecast period 2023-2030. The report provides an in-depth analysis of the fruit and vegetables ingredients market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2030.

Following extensive secondary and primary research, and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and trends. The growth of the fruit and vegetable ingredients market is driven by the growing demand for natural ingredients, the wide range of benefits of fruits & vegetable ingredients in the food & beverage industry, and the rising demand for RTE & RTD products. However, fluctuating raw material prices and problems associated with storage, and material handling may restrain market growth.

Moreover, growing demand for functional food products and emerging economies are expected to create market growth opportunities. On the other hand, significant trends in the market include clean-label products and a focus on healthy eating.

The key players operating in the fruit and vegetables ingredients market are Archer-Daniels-Midland Company (U.S.), Olam International Limited (Singapore), Cargill, Incorporated (U.S.), AGRANA Beteiligungs-AG (Austria), Hans Zipperle AG/S.p.A. (Italy), Dohler GmbH (Germany), Ingredion Incorporated (U.S.), SunOpta (U.S.), SVZ International BV (Netherlands), and KangMed, Inc. (China).

Based on category, the global fruit and vegetables ingredients market is segmented into fruit and vegetable ingredients. In 2023, the fruit ingredients segment is expected to dominate the global fruit and vegetables ingredients market. The large market share of this segment is attributed to factors such as the ease & wide adoption in various applications, low cost, and easy availability in various forms.

Based on type, the global fruit and vegetable ingredients market is segmented into concentrates, pieces & powders, NFC juices, paste & purees, and others. In 2023, the concentrates segment is expected to account for the largest share of the global fruit and vegetable ingredients market. The large share of this segment is mainly attributed to factors such as high adaptability in beverages and other applications offering a favorable taste, flavor, improved quality, and convenience. Also, minimized costs and logistical hassles support the growth of this segment.

Based on nature, the global fruit and vegetable ingredients market is segmented into organic and conventional. The organic segment is slated to register the highest CAGR during the forecast period. The rapid growth of this segment is attributed to factors such as increasing demand for organic food and beverages, the growing trend of sustainable & natural food, and rising awareness about clean-label products. Additionally, organic ingredients are perceived to be safer & healthier as they are free from any chemicals and pesticides, which further supports the growth of this segment.

Based on application, the global fruit and vegetable ingredients market is segmented into beverages, bakery & confectionery products, dairy products, soups & sauces, savory & prepared food products, and other applications. In 2023, the beverages segment is expected to account for the largest share of the global fruit and vegetable ingredients market. The large share of this segment is mainly attributed to the growing awareness of health benefits related to natural flavors in beverages, increasing new product development, and launches of beverages, rising demand for organic beverages, and growing popularity of flavored soft drinks. Also, the growing demand for health and sports drinks with enhanced nutritional value is expected to support the growth of this segment.

An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle-East & Africa), and the coverage of major countries in each region. The Asia-Pacific region is slated to register the highest CAGR during the forecast period. The growth of this regional market is mainly attributed to factors such as rapid urbanization, growing demand for processed food products, increasing number of supermarkets & hypermarkets, rising awareness about the health benefits of nutritional products, and increasing demand for flavored diet drinks & beverages.

Key Questions Answered in the Report-

What is the current revenue generated by the fruit and vegetable ingredients market globally?
At what rate is the fruit and vegetable ingredients demand projected to grow for the next 5-7 years?
What are the historical market sizes and growth rates of the fruit and vegetable ingredients market?
What are the major factors impacting the growth of this market at the regional and country levels? What are the major opportunities for existing players and new entrants in the market?
Which segments, in terms of category, type, nature, and application are expected to create traction for the manufacturers in this market during the forecast period 2023-2030?
What are the key geographical trends in this market? Which regions/countries are expected to offer significant growth opportunities for the manufacturers operating in the fruit and vegetable ingredients market?
Who are the major players in the fruit and vegetable ingredients market? What are their specific product offerings in this market?
What are the recent strategic developments in the fruit and vegetable ingredients market? What are the impacts of these strategic developments on the market?

Scope of the Report:

Fruit and Vegetable Ingredients Market Assessment-by Category

Fruit Ingredients
Vegetable Ingredients

Fruit and Vegetable Ingredients Market Assessment-by Type

Concentrates
Pieces & Powders
NFC Juices
Paste & Purees
Other Types

Fruit and Vegetable Ingredients Market Assessment-by Nature

Organic
Conventional

Fruit and Vegetable Ingredients Market Assessment-by Application

Beverages
Bakery & Confectionery Products
Dairy Products
Soups & Sauces and Savory & Prepared Food Products
Other Products

Fruit and Vegetable Ingredients Market Assessment-by Geography

North America
U.S
Canada
Europe
Germany
France
U.K.
Italy
Spain
Russia
Netherlands
Belgium
Austria
Poland
Rest of Europe (RoE)
Asia-Pacific
China
Japan
India
Australia
South Korea
Thailand
Vietnam
Philippines
Rest of Asia-Pacific (RoAPAC)
Latin America
Brazil
Mexico
Argentina
Rest of Latin America (RoLATAM)
Middle-East & Africa
South Africa
UAE
Saudi Arabia
Rest of Middle-East & Africa

Product Code: MRFB - 104972

1. Market Definition & Scope

1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency
1.4. Key Stakeholders

2. Research Methodology

2.1. Research Process
2.2. Data Collection & Validation
- 2.2.1. Secondary Research
- 2.2.2. Primary Research/Interviews with Key Opinion Leaders of the Industry
2.3. Market Sizing and Forecast
- 2.3.1. Market Size Estimation Approach
- 2.3.2. Growth Forecast Approach
2.4. Assumptions for the Study
2.5. Limitations of the Study

3. Executive Summary

3.1. Overview
3.2. Segment Analysis
- 3.2.1. Fruit Ingredients Segment Dominates the Fruit and Vegetable Ingredients Market
- 3.2.2. In 2024, the Concentrates Segment is Expected to Account for the Largest Share of the Fruit and Vegetable Ingredients Market
- 3.2.3. Organic Segment to Witness Significant Market Growth During 2024-2030
- 3.2.4. Beverages Segment Dominates the Fruits and Vegetable Ingredients Market
3.3. Fruit and Vegetable Ingredients Market: Regional Analysis
3.4. Competitive Landscape & Market Competitors

4. Market Insights

4.1. Overview
4.2. Drivers
- 4.2.1. Growing Demand for Natural Ingredients
- 4.2.2. Wide Range of Benefits of Fruits and Vegetable Ingredients in the Food and Beverage Industry
- 4.2.3. Rising Demand for RTE and RTD Products
4.3. Restraints
- 4.3.1. Fluctuating Raw Material Prices
- 4.3.2. Problems Associated with Storage and Material Handling
4.4. Opportunities
- 4.4.1. Emerging Economies
4.5. Trends
- 4.5.1. Clean-label
- 4.5.2. Healthy Eating
4.6. Porter's Five Forces Analysis
- 4.6.1. Bargaining Power of Suppliers
- 4.6.2. Bargaining Power of Buyers
- 4.6.3. Threat of Substitutes
- 4.6.4. Threat of New Entrants
- 4.6.5. Degree of Competition

5. Fruit and Vegetable Ingredients Market Assessment-by Category

5.1. Overview
5.2. Fruit Ingredients
5.3. Vegetable Ingredients

6. Fruit and Vegetable Ingredients Market Assessment-by Type

6.1. Overview
6.2. Pieces & Powders
6.3. Concentrates
6.4. NFC Juices
6.5. Paste & Purees
6.6. Other Types

7. Fruit and Vegetable Ingredients Market Assessment-by Nature

7.1. Overview
7.2. Organic
7.3. Conventional

8. Fruit and Vegetable Ingredients Market Assessment-by Application

8.1. Overview
8.2. Beverages
8.3. Bakery & Confectionery Products
8.4. Dairy Products
8.5. Soups & Sauces and Savory & Prepared Food Products
8.6. Other Products

9. Fruit and Vegetable Ingredients Market Assessment-by Geography

9.1. Overview
9.2. North America
- 9.2.1. U.S.
- 9.2.2. Canada
9.3. Europe
- 9.3.1. Germany
- 9.3.2. France
- 9.3.3. U.K.
- 9.3.4. Italy
- 9.3.5. Spain
- 9.3.6. Russia
- 9.3.7. Netherlands
- 9.3.8. Belgium
- 9.3.9. Austria
- 9.3.10. Poland
- 9.3.11. Rest of Europe (RoE)
9.4. Asia-Pacific
- 9.4.1. China
- 9.4.2. Japan
- 9.4.3. India
- 9.4.4. Australia
- 9.4.5. South Korea
- 9.4.6. Thailand
- 9.4.7. Vietnam
- 9.4.8. Philippines
- 9.4.9. Rest of Asia-Pacific (RoAPAC)
9.5. Latin America
- 9.5.1. Brazil
- 9.5.2. Mexico
- 9.5.3. Argentina
- 9.5.4. Rest of Latin America (RoLATAM)
9.6. Middle East & Africa
- 9.6.1. South Africa
- 9.6.2. UAE
- 9.6.3. Saudi Arabia
- 9.6.4. Rest of Middle East & Africa

10. Competitive Analysis

10.1. Overview
10.2. Key Growth Strategies
10.3. Competitive Benchmarking
10.4. Competitive Dashboard
- 10.4.1. Industry Leaders
- 10.4.2. Market Differentiators
- 10.4.3. Vanguards
- 10.4.4. Contemporary Stalwarts
10.5. Market Share Analysis, by the Key Players/Key Market Ranking, 2022

11. Company Profiles (Company Overview, Financial Overview, Product Portfolio, SWOT Analysis, and Strategic Developments)

11.1. Archer-Daniels-Midland Company
11.2. Olam International Limited
11.3. Cargill, Incorporated
11.4. AGRANA Beteiligungs-AG
11.5. Hans Zipperle AG/S.p.A.
11.6. Dohler GmbH
11.7. Ingredion Incorporated
11.8. SunOpta
11.9. SVZ International BV
11.10. KangMed, Inc.
11.11. Other Companies

(Note: SWOT Analysis of the Top 5 Companies will be Provided)

12. Appendix

12.1. Questionnaire
12.2. Available Customization