Fruit Puree Market Size Analysis with Industry Overview And Forecast 2027 | CAGR: 6.0% | Grand View Research, Inc

June 22 11:10 2020
Fruit Puree Market Size Analysis with Industry Overview And Forecast 2027 | CAGR: 6.0% | Grand View Research, Inc

Grand View Research, Inc. -” Market Research And Consulting”.
According to report published by Grand View Research, The global fruit puree market size is expected to reach USD 6.16 billion by 2027, expanding at a CAGR of 6.0% over the forecast period.

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. 

U.S-Fruit-Puree-Market-Size-By-Application

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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

Global-Fruit-Puree-Market-Share-by-Product

 

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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
  • Citrus
  • Berries
  • Others

Fruit Puree Application Outlook (Revenue, USD Million, 2016 – 2027)

  • Beverages
  • Bakery & Snacks
  • Baby Food
  • Others

Fruit Puree Regional Outlook (Revenue, USD Million, 2016 – 2027)

  • North America
    • U.S.
  • Europe
    • Germany
    • Netherlands
  • Asia Pacific
    • China
    • India
  • Central & South America
    • Brazil
  • Middle East & Africa
    • UAE

 

List of Key Players of Fruit Puree Market

  • Fénix S. A.
  • Döhler
  • 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

 

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About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

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