PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339114
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1339114
The global fruit puree market size is expected to reach USD 8.69 billion by 2032, according to a new study by Polaris Market Research. The report "Fruit Puree Market Share, Size, Trends, Industry Analysis Report, By Product (Apple, Mango, Banana, Strawberry, Plum, Pear, Peaches, Mix); By Application (Beverages, Bakery, Snacks, Baby Foods); By Region; Segment Forecast, 2023 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Demand for packaged convenience foods has been on the rise among consumers in recent years, and this trend is expected to continue in the coming years. This has created opportunities for food and beverage companies to introduce new products that cater to this demand, including those that use fruit purees as an ingredient. Food & beverage companies have a significant presence in the market, and this has helped to widen the scope for fruit purees in the several countries. These companies have the resources and distribution networks needed to reach many consumers, and they can leverage their brand recognition to promote products that use fruit purees as an ingredient.
Moreover, the increasing awareness among consumers about the health benefits of natural ingredients has also contributed to the growth of the market for fruit purees. Many consumers are now looking for healthier snack and meal options, and this has created opportunities for food and beverage companies to develop new products that meet this demand.
In addition to their use in traditional food and beverage applications, fruit purees made from these fruits are also being used by brewers, bakers, and confectioners for flavoring their products. For example, brewers may use fruit purees to add a tropical twist to their beers, while bakers may incorporate fruit purees into their cakes and pastries for added flavor and moisture. Confectioners may also use fruit purees as a natural sweetener in their candy products. The versatility of these fruit purees has contributed to their growing popularity among food and beverage manufacturers. They offer a natural source of flavor and color, and can be used in a variety of applications, including desserts, smoothies, sauces, and marinades.
The mix segment held the largest share in the global market, owing to its use in several juice stalls and rising demand in mix fruit juices.
The baby food segment is expected to grow significantly due to its high digestibility ratio, easy availability, and consumer awareness of the product.
The beverage segment accounts for the largest share of the global market, primarily due to the developing commercial beverages sector in emerging nations.
Asia Pacific registered robust growth. Growth is due to a huge population base and gradually increasing disposable income.
North America garnered a significant share and is expected to maintain its dominance, owing to the educated consumer base and changing lifestyle of millennials.
Key players in the market include Dohler, Ingredion, Grunewald International, Polproduct, Uren Food, Kiril Mischeff, Prodalim, Fenix, AGRANA Beteiligungs, SVZ Industrial Fruit, and Healthy Berries.
Polaris Market Research has segmented the fruit puree market report based on product, application, and region: