Home > Food & Beverages > Food Additives > Sweeteners > Fruit Concentrate Puree Market
Fruit Concentrate Puree Market is estimated to record over 6% CAGR during 2023 and 2032. The growth is attribute to the rising demand for natural and healthy food products. According to an article from the World Economic Forum, almost two-thirds (65%) of consumers prioritize ethical spending choices as a way to foster a healthy and sustainable lifestyle. Fruit concentrate puree, being a minimally processed form of fruit, appeals to consumers seeking nutritious and wholesome choices. The market benefits from the growing trend of clean-label products, where consumers prioritize food and beverages with minimal additives.
The food & beverage sector’s increasing utilization of fruit concentrate puree in various applications fuels market expansion. The product’s versatility makes it a sought-after ingredient in the production of juices, smoothies, baby food, and dairy products. Moreover, the convenience and extended shelf life of fruit concentrate purees contribute to their widespread adoption by food manufacturers.
Report Attribute | Details |
---|---|
Base Year: | 2022 |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 6% |
Historical Data for: | 2017-2022 |
No. of Pages: | 500 |
Tables, Charts & Figures: | 852 |
Segments covered: | Product, Concentration, Fruit Family, Application Food and Region |
Price fluctuations in raw materials, influenced by climate conditions and geopolitical factors, pose a challenge to market stability. The perishable nature of fresh fruits and the need for specialized processing equipment add to production costs. Stringent regulations on food safety and quality standards necessitate strategic planning by industry participants to mitigate risks and ensure the efficient product usage. Moreover, as consumer awareness regarding sustainability grows, there is an increasing demand for eco-friendly packaging solutions. The use of conventional packaging materials, such as single-use plastics, will act as a bottleneck for market players.