The Fruit Concentrate Market Report 2019-2023 focuses on the global Fruit Concentrate status, future forecast, growth opportunity, key market, and key players.
The Fruit Concentrate Market report studies the global market size of Fruit Concentrate in key regions like North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa focuses on the consumption of Fruit Concentrate in these regions. This research report categorizes the global Fruit Concentrate market by players/brands, region, type, and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porters Five Forces Analysis.
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The various contributors involved in the value chain of Fruit Concentrate include manufacturers, suppliers, distributors, intermediaries, and customers.
The Key Players covered in this study:-
- Agrana Beteiligungs Ag
- China Haisheng Juice Holdings Co. Ltd.
- DÃ¶hler Group
- Kanegrade Ltd.
- Kerr Concentrates Inc.
- Kerry Group
- Lemon Concentrate S.L.
- Pioma Industries
- Rudolf Wild Gmbh & Co. Kg
- Skypeople Fruit Juice Inc.
- Sunopta Inc.
Overview of Fruit Concentrate Market Research Report 2019-2023:-
Fruit concentrates are most widely used in the beverage industry. They are also used as natural sweeteners and as a substitute for sugar in a variety of applications, such as desserts and confectionery items. The product is approximately 3 to 7 times concentrated, hence, less in volume, due to which transportation, shipping, and warehousing become easier and less expensive. Fruit concentrates can be just as healthy as other fruit choices. For this reason, the global market for fruit concentrates is expected to reach at a CAGR of 5.6% to reach an estimated value of around USD 41.8 billion by 2023.
Fruit juices and flavors are popular and highly favored in virtually every region of the world. Fruit concentrates have applications across various industries and products. The factors driving the global fruit concentrate market are the reduced logistical and storage costs, demand for a high scale of volume in the beverages market, usage as a substitute for sugar in the bakery sector, and changing consumer trends and food preferences. Moreover, the growth in the food and beverage industry, as a result of the increasing health food trends, has given impetus to this market.
The major restraints in the fruit concentrate market are the awareness of the ill effects of excess fructose consumption, the benefits that whole fresh fruits provide are different to concentrated fruits and the dependency of fruit concentrates market on the production of fruits across the world. Fruit concentrate market is also, to an extent, dependent on application industries, such as confectionary and bakery.
The market for fruit concentrate is categorized by product form, application and fruit type. The product is available in the form of a liquid concentrate, powder concentrate, puree concentrate, clear concentrate, and frozen concentrate. Among all these segments, the liquid concentrate comprises of the major market share, followed by the powder concentrate. The liquid concentrate is also called juice concentrate with its most prominent application being in the beverage industry in reconstituted fruit juice. The clear concentrate is expected to show a significant growth during the forecast period. The reconstituted fruit juice is the bestselling product with major companies, such as Tropicana.
Fruit concentrates can have a wide range of applications in various industries. This market is divided based on its application into beverages, bakery, confectionary, dairy, and others. Beverages industry has the greatest use of fruit concentrate, followed by the bakery industry.
The global market for fruit concentrates is driven by the North American region, which has the largest market share and is showing a steady increase in its growth. Increasing knowledge of the ill effects of sugar, coupled with the rising demand for convenience products among the people in North American countries, is driving the growth of fruit concentrate across the region.
â¢ March 2019 â Hong Kong-listed China Haisheng Juice Holdings agreed to form a joint venture with Zhaoyang Agriculture to modernize fruit plantations in Yunnan Province of China.
â¢ July 2017 â Austrian fruit ingredients producer Agrana invested almost USD 29.04 million in a new manufacturing facility in eastern China. The facility is expected to be operational by 2019. Once completed, the main purpose of the facility will be to focus on R&D activity for jam, jam ingredients and fruit juice concentrates.
Major players – AGRANA BETEILIGUNGS AG, CHINA HAISHENG JUICE HOLDINGS CO. LTD., COCA-COLA, DÃHLER GROUP, HERSHEY, KANEGRADE LTD., KERR CONCENTRATES INC., KERRY GROUP, LEMON CONCENTRATE S.L., PIOMA INDUSTRIES, SVZ, RUDOLF WILD GMBH & CO. KG, SKYPEOPLE FRUIT JUICE INC., SUDZUCKER, SUNOPTA INC., among others.
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Reasons to Purchase this Report
Key questions answered in the Fruit Concentrate Market Report are.
- What will the market size be in 2023 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Fruit Concentrate market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
Major Points from TOC of Fruit Concentrate Market Research Report 2019-2023:
1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
- RESEARCH METHODOLOGY
- EXECUTIVE SUMMARY
- MARKET DYNAMICS
4.1.1 Rise in Defence Expenditure of Many Countries
4.1.2 Increasing Demand of Lightweight Materials in the Industry
4.2.1 Need for High Investments in R&D
4.2.2 Other Restraints
4.3 Industry Value-Chain Analysis
4.4 Porters 5 Force Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products and Services
4.4.5 Degree of Competition
4.5 Price Analysis
- MARKET SEGMENTATION
1 By Application
5.2 End-user Sector
5.3.2 North America
5.3.4 South America
5.3.5 the Middle East & Africa
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