Prebiotic Fruit Powders Market Segmented By Apple, Peach, Blueberry, Cranberry Flavour in Food & Beverages, Pharmaceutical, Nutraceutical Application
Industry: Food and Beverages
Format: PPT*, PDF, EXCEL
Report Type: Ongoing
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Report ID: PMRREP32656
According to the latest research by Persistence Market Research, the prebiotic fruit powders market is set to have a steady growth during 2021-2031. Demand for prebiotic fruit powder has increased in the pandemic situation, with the growing awareness among the consumers about the nutritional benefits.
The health-consciousness among the consumers is one of the driving factors behind the growth of the prebiotic fruit powders market. With the large number of companies offering various flavors and coming up with new product development in the prebiotic fruit powders segment, there are wide opportunities for the key players.
The increasing demand for supplements along with healthy and nutritional-rich content in the market is driving the prebiotic fruit order market across the globe. The shift in the preferences of health-conscious customers from artificial to natural ingredients is anticipated to boost the prebiotic fruit powders market.
The increase in the vegan population worldwide is another factor driving the growth of the prebiotic fruit powder market. Prebiotic fruit powders have vast applications in dairy products, nutrition bars, beverages, bakery products, health drinks, health supplements, and many more. These applications of the product across various industries would increase the sales of prebiotic fruit powders.
Another factor driving the growth of prebiotic fruit powders is that it is easy to store and has a longer shelf life. The application of prebiotic fruit powders as a source of low-calorie sweeteners and the availability of these products out of season would surely boost its market growth.
Many manufacturers and leading players in prebiotic fruit powder are coming up with a new variety of flavors containing high amounts of vitamins and minerals through product innovation to meet the growing demands of the customers. The availability of customized prebiotic fruit powder is a major trend that is anticipated to be popular in the upcoming years. The ready-to-eat food and functional drinks sectors would offer significant opportunities for the growth of the prebiotic fruit powder market.
The COVID-19 pandemic has slowed down the end-use industries of the prebiotic fruit powder market. Thus, there is a significant drop in the sales of prebiotic fruit powder across the globe due to various restrictions and lockdown. Though, the online retail stores are the ones that are helping the prebiotic fruit powder market to stay afloat in this situation.
The disruption in the supply chain has also impacted the market due to which there is a delay in the operations and an imbalance in supply and demand. However, change in lifestyle, increasing health awareness and people's interest in buying prebiotic fruit powders over artificial ingredients from an online retail store are some of the factors due to which it is anticipated that the prebiotic fruit powder market would grow at a healthy pace.
Europe has one of the largest market shares of prebiotic fruit powder in the world. An increase in the harvesting and cultivation of prebiotic natural herbs in Europe is further expected to drive the market. Well-established prebiotic ingredient manufacturer in Europe is anticipated to drive the market.
The popularity of functional drinks and bakery products in this regional segment is expected to increase the consumption of prebiotic fruit powders thereby increasing its market share.
The increasing demand for nutritional and healthy food especially in the ready-to-eat sector along with increased health concerns among the customers would drive the market growth. Germany and France are the regions dominating the prebiotic fruit powder market in Europe.
Germany also provides a favorable climate and geographic location for the production of prebiotic fruit ingredients. Well-developed logistics service providers and transportation networks in Europe facilitate the growth of the prebiotic fruit powder market.
Major players in Europe also utilizes new product innovation and focuses on new product launches. Due to this product innovation, the market players can produce new varieties of prebiotic fruit powders which are more delicious and has more flavors than standard ones. Many new advanced technologies are used by these manufacturers operating in the nut butter bar market to have a competitive edge over their competitors in the market.
The Asia Pacific is one of the fastest-growing regions in the prebiotic fruit powder market due to its growing urban population. A major factor for driving the growth of prebiotic fruit powders in the Asia Pacific is that prebiotic fruit powders are considered to be a viable alternative for dairy products.
As many consumers in this region are lactose intolerant so most of them prefer an alternative for dairy products and there comes the use of prebiotic fruit powders as a nutrient-rich and low-calorie alternative for dairy products. Asia Pacific region has a high density of farmers growing vegetables and plants, which are a good source of natural ingredients like prebiotics.
Many companies in the Asia Pacific region are also focusing on different strategies like partnerships, mergers, acquisitions, and collaborations to increase their market share.
Some of the leading manufacturers and suppliers of prebiotic fruit powder include
By Flavour
By Application
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 an 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.
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