Global Fruit Concentrates Market Overview:
Increase in health awareness and rising demand for fruit based healthy products have prompted the growth of fruit concentrates on a global level. The sector is driven by increasing disposable income and rising health consciousness among the consumers. Additionally, in order to cope up with the hectic and dynamic life-style, consumers demand “on-the-go” beverages which impart instant energy to the body. Hence, with the growth of functional beverages market, the demand for fruit concentrates have surged.
Boost in fitness and wellness sector has enhanced the market growth trajectory of the sector to an elevated level. Fast pace of lifestyle, increase in awareness related to health benefits obtained from the consumption of functional beverages have raised the demand for fruit concentrates on a global level. Fruit concentrates are high in fiber content and helps in weight management. However, product adulteration and presence of counterfeit products possess major threat to this market.
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The Key Players profiled in the Fruit Concentrate Market are AGRANA Investment Corp (Austria), Archer Daniels Midland Company (U.S.), Ingredion Incorporated (U.S.), Sudzucker AG (Germany), SunOpta, Inc. (Canada), Diana Naturals (France), SVZ International B.V. (The Netherlands) and Doehler Group (Germany)
Fruit Concentrate Market has been segmented on the basis of type which includes fruit, vegetable, mixed juice and others. On the basis of process, the market is segmented into pasteurized, cold pressed, raw, dehydration and others. On basis of form, market is again segmented into 100 % juice, frozen, puree, powder, and others. On basis of Process it is segmented into pasteurized, cold pressed, raw, dehydration and others. By Form includes 100 % Juice, Frozen, Puree, Powder, and Others. And by application includes dairy, bakery & confectionery, desserts, beverages. By distribution channel includes store based, non-based.
The global fruit concentrate market is segmented into North America, Europe, Asia Pacific and Rest of the World (RoW). Among these Asia Pacific has the major market share followed by North America, as there is a change in the consumption pattern. In North America the demand for fruit juice is increasing as due to rising health issues and changing consumption pattern. In countries like China and India there is high demand for various healthy fruit concentrate, due to demand healthy alternative to carbonated beverages and changing lifestyle.
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