The fruit concentrate market is a rapidly growing industry that has witnessed a significant growth in recent years due to the increased demand for natural and healthy food products. Fruit concentrates are concentrated forms of fruit juice with removed water content, resulting in a more convenient and cost-effective product to transport and store.
A range of fruit concentrates is available in the market, including citrus, red, tropical, and berry fruits. These concentrates are available in the form of liquid and powder. Based on application, the market is segmented into beverages, bakery and confectionery, dairy and frozen products, and others.
The market is expanding owing to the rising demand for fruit concentrates as flavoring ingredients in baby food and rich baked products. Fruit concentrates without added sugar and preservatives are being introduced to the market by producers to meet consumer’s demand for products without labels. Thermal concentration is the primary method used to manufacture fruit concentrates, which lowers the water content in fresh fruit juices.
A growing preference for more organic and healthy food options, such as fruit concentrates, has been prompted by the rising prevalence of obesity, diabetes, and cardiovascular diseases and a rising preference for better nutrition among consumers worldwide. In many food items, including beverages, cakes, cookies, chocolates, and confectioneries, fruit concentrates are used instead of added sugar. The market for food concentrates is growing due to the bread and beverage industries' growing need for fruit concentrates to replace additional sugar.
The fruit concentrate market in North America is expected to lead the market due to rising consumer demand for healthier functional food. The demand for fruit concentrates in the area is also increasing as carbonated beverages become more popular. Also, several industry players are improving their presence in this region through new launches, mergers, collaborations, and acquisitions. For instance, in June 2021, Kerry Group plc. disclosed its new taste facility in Latin America. With the launch of this new facility, the company expanded its presence in Central America, Mexico, the Caribbean, and the Andean region. Factors driving the growth of the Asia Pacific fruit concentrate market include changing dietary tastes, rising consumer spending power, and rising health concerns among people in the area.
By Fruit Type
Red Fruits and Berries
By Product Form
Kerry Group plc.
Tree Top, Inc.
China Haisheng Juice Holdings Co. Ltd
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