Fruit Pieces Market Segmented By Natural and Organic Nature in Apple, Orange, Pineapple, Mango, Banana, Berries, Strawberry, Raspberry, Blueberry, Other Fruits Raw material
Industry: Food and Beverages
Format: PPT*, PDF, EXCEL
Delivery Timelines: Contact Sales
Report Type: Ongoing
Report ID: PMRREP32565
According to latest research by Persistence Market Research, the study showed a decent increase in growth rate over the past few years and is expected to experience an almost lookalike CAGR in the forecasted period of 2021-2031. Demand for fruit powder will witness significant recovery in short-term, with optimistic growth outlook in the long-run.
The rapid expansion of the processed and packaged food industry is expected to accelerate the demands for natural food additives, eventually driving the sales of fruit, extracts, and fruit pieces.
Growing health consciousness among consumers encourages them to not compromise on the safety of the food and beverages products. Increasing disposal income, enables them to spend more on healthy food instead of artificial food with colors, flavors, and preservatives, thereby increasing their expenditure levels.
Factors, such as increased customer health awareness and the stringent rules set by food regulatory bodies, are resulting in a decline in the usage of artificial flavors and additives, among food products, which, in turn, is boosting the market of fruit pieces.
Demand is increasing across markets for very small fruit pieces that are suitable for use in fine bakery and confectionery applications such as ultra-thin biscuits and premium thin chocolate tablets. This increased demand can be attributed to health-conscious consumers seeking out indulgent products with fewer calories.
The pandemic situation continuously impacts negatively all over the world in every industry. Restrictions have been imposed due to the COVID-19 pandemic in high-potential markets. GDP growth of small countries also has been affected due to the pandemic situation. Pandemic affected the global economy very harshly.
The covid-19 imparted a severe impact market. Due to global lockdown, most of the production units of this market were either minimized or closed for a while. Due to the crunch in the economy of the market, failure in supply chain management, most of the manufacturers faced losses. But this market garnered some positivity in the latter part of the lockdown.
Due to Covid-19 remarkable number of consumers started seeking for the healthy food products and supplements. Fruit pieces are the natural and organic product which has attracted the consumers and hence, market is growing significantly.
In the current scenario, the fruit pieces market is at the growth stage, and with the product development and innovation, it is finding its use in various products. One of the appealing opportunities for the key players in this market is to come up with various innovative ideas and techniques.
The boost in the demand for natural and organic food ingredients in the processed food products is also a major contributing factor to the rise in the demand for fruit pieces market.
Fruit pieces is also used in nutraceuticals and has a wide range of application in food and beverages industry, which is anticipated to show a promising growth in the demand of fruit pieces in the market over the forecast period.
It is expected that Asia Pacific Region holds the significant share in the global fruit pieces market. Natural ingredients, such as fruit concentrates, are predicted to gain a higher share in the developing markets of Asia-Pacific, during the forecast period.
With the rising awareness about the ingredients used in the products, demand for clean labelled products and transparency, increasing health consciousness, and the use of natural and organic food products, is expected to favor the fruit pieces market in this region.
Due to Europe having a favorable geographical location for fruits, manufacturers, with well-developed transportation channels and well-situated food processors, export facilities for transport of food pieces to other EU countries.
The demand for ingredients sourced from fruits like avocadoes, berries, and mangoes, is high in Europe, as they form an important part of the local cuisines and staple food, such as bakery products. These factors drives the market in European countries.
The increasing health conscious consumers is the main factors for the growth of it in this region. Looking at the current scenario of this market in Europe, it is expected to grow at a substantial rate in the forecasted period.
Key players and suppliers which are included in the production of fruit pieces market are
By Nature
By Raw Material
By End-use Industry
By distribution channel
By Region
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments.
The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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