Fruit Concentrates Market Poised to Grow at a CAGR of 6.8% by 2024

Fruit Concentrates Market Poised to Grow at a CAGR of 6.8% by 2024


Infinium Global Research has added a new report on Fruit Concentrates Market. The report presents analysis of global as well as regional markets of fruit concentrates market over the period of 2016 to 2024.

Fruit concentrates have applications across various industries and products. The factors driving the global fruit concentrate market are increasing awareness about fruit juice consumption, as a substitute for sugar in the bakery sector, and changing consumer trends and food preferences. The major restraints in the fruit concentrate market are growing awareness about the adverse effect of excessive consumption of artificial flavored, high concentration of sugar and calories i.e. sugary soft drinks, less amount of vitamins and antioxidants, lack of fiber, lots of food and health safety regulation promulgated and implemented by the government of different countries, are the major constraints for the growth of the fruit juice concentrates market. Moreover, the growth in the food and beverage industry, as a result of the increasing healthy food trends, changing consumption habits, increasing demand for convenience food, reduction in the transportation cost of fruit juice concentrates would work as driver for this market for the long term.

 

On the basis of region, the fruit concentrates market is divided into North America, Europe, Asia, and the Rest of the World (RoW).  North America is leading market in geography, followed by Europe. Asia region is expected to grow at the highest CAGR during the forecast period. The presence of emerging economies like China, India, and changing consumption habit, growing awareness about the health issues in these countries can expedite the growth of fruit concentrates market.

 

May 2017; AGRANA acquires fruit processing plant in India, SAIKRUPA Fruit Processing Pvt. Ltd. Following the establishment of AGRANA Fruit India Private Ltd. and the acquisition of facility from SAIKRUPA, AGRANA has now expanded its production activities in Asia to a third territory, in addition to China and South Korea, namely the Indian subcontinent. As the global leader in fruit preparations, AGRANA now maintains 26 production sites in 20 countries.

 

Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global fruit concentrates market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global fruit concentrates market report by clicking the following link, Use code IGRD15 to request the discount in the given form

https://www.infiniumglobalresearch.com/reports/request-discount/57

 

The recent report identified that Asia Pacific dominated the global fruit concentrates market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the fruit concentrates market worldwide.


The report segments the global fruit concentrates market on the basis of fruit type, End-user, and Distribution Channel.

 

Global Fruit Concentrates Market by Fruit Type

·         Lemon

·         Orange

·         Pineapple

·         Apple

·         Grapes

·         Pear

·         Specialty Fruits

·         Others

 

Global Fruit Concentrates Market by End User

·         Beverages

·         Bakery And Confectionery

·         Dairy

·         Others (including Households)

 

Global Fruit Concentrates Market by Distribution Channel

·         Wholesale And Direct Sales

·         Retail Stores

·         Others

 

Companies Profiled in the Report

·         Agrana Beteiligungs Ag

·         China Haisheng Juice Holdings Co., Ltd.

·         Doehler

·         Kerr Concentrates, Inc.

·         Kerry Group Plc

·         Lemon Concentrate, S.L.

·          Rudolf Wild Gmbh & Co. Kg

·         Sunopta Inc.

·          Coca Cola

·         Hershey

·         other companies

 

About Infinium Global Research

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