DUBLIN–(BUSINESS WIRE)–The “Fruit and Vegetable Ingredients – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering.
Amid the COVID-19 crisis, the global market for Fruit and Vegetable Ingredients estimated at US$173.3 Billion in the year 2020, is projected to reach a revised size of US$230 Billion by 2026, growing at a CAGR of 4.9% over the analysis period.
Fruits, one of the segments analyzed in the report, is projected to grow at a 5.3% CAGR to reach US$145 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Vegetables segment is readjusted to a revised 4.4% CAGR for the next 7-year period. This segment currently accounts for a 41.6% share of the global Fruit and Vegetable Ingredients market.
The U.S. Market is Estimated at $56.1 Billion in 2021, While China is Forecast to Reach $18.3 Billion by 2026
The Fruit and Vegetable Ingredients market in the U.S. is estimated at US$56.1 Billion in the year 2021. The country currently accounts for a 31.37% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$18.3 Billion in the year 2026 trailing a CAGR of 7.1% through the analysis period.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 4.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR while Rest of European market (as defined in the study) will reach US$19.8 Billion by the close of the analysis period.
Select Competitors (Total 71 Featured) –
- AGRANA Beteiligungs-AG
- Archer Daniels Midland Company
- Cargill Incorporated
- DIANA Group S.A.S.
- DMH Ingredients
- Dohler
- FutureCeuticals Inc
- Givaudan S.A.
- Grunewald Fruchtsaft GmbH
- Hans Zipperle S.p.A.
- International Flavors & Fragrances, Inc
- Kanegrade Ltd
- Kerry Group plc
- Olam International Limited
- SunOpta, Inc.
- SVZ Industrial Fruit & Vegetable Ingredients
- Taura Natural Ingredients Ltd
- Venkatesh Naturals Extract Pvt Ltd
- YAAX INTERNATIONAL, INC.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Impact of COVID-19 Pandemic & Looming Global Recession
- Focus on Healthy Living Amidst COVID-19 Pandemic Fuels Demand for Natural Beverages
- Vitamin C-based Beverages and Food Products Find Favor As Immunity Boosting Products
- At-home Consumption Products Find Favor
- An Introduction to Fruit and Vegetable Ingredients
- Global Market Prospects & outlook
- Immunity Boosting and On-the-Go Nutrient-Rich Food & Beverage Products Fuel Demand for Fruit and Vegetable Ingredients
- Developed Regions Lead Market, Developing Economies to Fuel Long-term Prospects
- Competition
- Recent Market Activity
- Fruit and Vegetable Ingredients – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Consumer Focus on Healthy Living and Resultant Rise in Demand for Fruit & Vegetable-Based Health Foods: A Significant Market Opportunity
- Health Benefits of Fruits & Vegetables to Boost Demand for Fruit & Vegetable Ingredients
- Nutritional Comparison of Select Common Fruits & Vegetables
- Food & Beverage Industry Trends to Shape Growth Trends in Fruit & Vegetable Ingredients Market
- Processed Food Industry Dynamics & Rising Demand for Convenience Foods Augur Well for the Market
- Fruit & Vegetable Juice Market Witnesses Increasing Attention on Exciting Ingredients
- Innovative Juices with Added Healthy Ingredients Flood Promise Growth
- Fruit and Vegetable Juices Specific to Meet the Needs of Adult Customers
- Fruit & Vegetable Juice Innovations to Present New Opportunities for Fruit & Juice Ingredients Market
- Vegetable Juices Emerge as Another Sweetening Option
- New Companies to Fuel Innovation
- Pandemic-Driven Consumer Demand for Natural Foods & Beverages Presents Opportunities for Fruit & Vegetable Ingredients
- % Growth in Claims in Food & Beverage Products Launched With Fruit Ingredients
- As Health Benefits Drive Demand for Smoothies, Demand for Fruit & Vegetable Ingredients to Grow
- Global Smoothies Market Breakdown by Type (in %) for 2020E
- Growing Preparation of Juices & Smoothies at Home Amidst Heightened Awareness about Health to Spur Market Growth
- Fruit & Vegetable Ingredients Grow in Popularity as Flavor Enhancers
- New, Emerging Flavors in Major Food Categories
- Ongoing ‘Purple Invasion’ in the Food Color Market
- Rising Popularity of Fruit Ingredients in Functional Foods and Beverages
- Functional Foods and Drinks Global Market Size (in US$ Billion) by Region for 2020 and 2027
- Increasing Use of Fruit & Vegetable Pastes and Purees in Processed Foods and Beverages to Propel Market Growth
- Focus on Launch of Organic Fruit & Vegetable-Based Products to Boost Market Prospects
- Organic Food as % of Total Food in the US for 2011-2019
- NFC Juices Market: Poised for Healthy Growth
- Healthy Snacking Trend Supports Demand for Fruit & Vegetable Ingredients
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/uan20g
