The global fruit puree market size is expected to reach USD 6.16 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Increasing application of the product in bakery, confectionery, baby food, and alcoholic and non-alcoholic beverages is fueling the market growth across the globe. In addition, rapid urbanization, along with growing working class population, has been creating demand for processed and packaged food, which, in turn, is leading to high demand for fruit puree in the food processing industry.
In terms of product, the tropical and exotic fruit puree segment held the largest share of over 35.0% in 2019. Ease of availability and wide utilization of the tropical products have fueled the growth of segment. Citrus fruit puree is expected to witness the fastest growth over the forecast period owing to its high nutrient and vitamin content.
The beverages application segment led the market in 2019 with more than 30.0% share of the total revenue. Increasing number of health conscious consumers, along with rising purchasing power in developing countries, such as China and India, has boosted the demand for packed juices. This, in turn, has increased the application of fruit puree in the beverage industry.
There has been an upsurge in the sales of the baby food products owing to the increasing parents’ concerns regarding numerous adulteration practices. This growing trend, coupled with rising demand for the premium baby foods, is expected to fuel the growth of the baby food segment in the near future.
Fruit Puree Market Report Highlights
• In terms of product, the tropical and exotic segment dominated the market with over 35.0% share of the global revenue owing to the extensive application scope of the product in the food and beverage industry
• Asia Pacific is expected to witness the fastest growth from 2020 to 2027 owing to growing demand for the product for beverage preparation in the commercial and household applications in countries, such as China and India
• By application, the beverages segment dominated the market in 2019 with more than 30.0% share of the global revenue.
• Product innovation is expected to remain one of the key strategies among the industry participants in the near future.
For Requesting a Sample Copy Please Visit @ https://www.grandviewresearch.com/industry-analysis/fruit-puree-market/request/rs1
Fruit Puree Market Segmentation
Grand View Research has segmented the global fruit puree market on the basis of product, application, and region:
Fruit Puree Product Outlook (Revenue, USD Million, 2016 – 2027)
• Tropical & Exotic
Fruit Puree Application Outlook (Revenue, USD Million, 2016 – 2027)
• Bakery & Snacks
• Baby Food
Fruit Puree Regional Outlook (Revenue, USD Million, 2016 – 2027)
• North America
• The U.S.
• Asia Pacific
• Central and South America
• Middle East & Africa
List of Key Players of Fruit Puree Market
• Fénix S. A.
• Ingredion Inc. (Kerr Concentrates)
• AGRANA Beteiligungs-AG
• DENNICK FRUITSOURCE, LLC
• CHINA KUNYU INDUSTRIAL CO., LIMITED
• Grünewald GmbH
• Tree Top, Uren Food Group Limited
• Freshcut, S.L.
• Uren Food Group Limited
Fill The Pre-Order Enquiry Form For The Report @ https://www.grandviewresearch.com/inquiry/450336/ibb
Browse Related Reports:
Frozen Fruit Bar MarketSize, Share & Trends Analysis Report By Product (Original, Low Fat), By Flavor (Citrus, Pineapple, Grape, Apple, Mango, Coconut), By Region, And Segment Forecasts, 2019 – 2025.
Fruit Beverages MarketSize, Share & Trends Analysis Report By Distribution Channel (Hypermarket & Supermarket, Online), By Packaging (Canned & Fresh, Frozen Juices, Non-carbonated Drinks), And Segment Forecasts, 2019 – 2025.
About Grand View Research
Grand View Research is a U.S. & India-based market research and consultancy firm. It is headquartered in San Francisco. We provide business insights, syndicated research reports, and customized research reports to large as well as small and medium-scale enterprises. Our database features thousands of statistics and in-depth analyses on more than 45 industries. Grand View Research’s extensive database is used by Fortune 500 companies to understand the regional as well as the global business environment.
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
Country: United States