According to a new market study, the Fruit Powders Market is projected to reach a value of ~US$XX in 2019 and grow at a CAGR of ~XX% over the forecast period 2016 – 2026. The presented study ponders over the micro and macro-economic factors that are likely to influence the growth prospects of the Fruit Powders Market over the assessment period.
The market report throws light on the current trends, market drivers, growth opportunities, and restraints that are likely to influence the dynamics of the Fruit Powders Market on a global scale. The Five Force and SWOT analysis included in the report provides a fair idea of how the different players in the Fruit Powders Market are adapting to the evolving market landscape.
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Analytical insights enclosed in the report:
- Raw material suppliers, traders, manufacturers, equipment/service providers in the Fruit Powders Market
- Market entry opportunities for potential market players
- Revenue and pricing analysis of established market players in the Fruit Powders Market
- Pipeline and ongoing research and development projects
- Sales and promotional strategies adopted by various market players
The report splits the Fruit Powders Market into different market segments including, region, end-use, and application.
The report provides an in-depth analysis of the current trends that are expected to impact the business strategies of key market players operating in the market. Further, the report offers valuable insights related to the promotional, marketing, pricing, and sales strategies of the established companies in the Fruit Powders Market. The market share, growth prospects, and product portfolio of each market player are evaluated in the report along with relevant tables and figures.
The study aims to address the following doubts related to the Fruit Powders Market:
- How has the evolving regulatory landscape impacted the growth of the global Fruit Powders Market?
- Which region is anticipated to witness the highest CAGR growth during the forecast period 2016 – 2026?
- How are the budding market players aiming to cement their position in the current market landscape?
- Which market segment is expected to experience the slowest growth over the forecast period 2016 – 2026?
- The demand from which end-use industry is expected to be the highest during the assessment period?
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Key players and manufacturers in fruit powders market are planning to develop innovative fruit powders in order to cater to the rising needs of nutraceutical, pharmaceutical and food and beverage applications. Availability of the customized fruit powders is a significant trend that is likely to gain traction in fruit powders market in the forthcoming years. Strawberry and apple fruit powders are observing notable popularity in the cosmetic industry. Super fruit powders is anticipated as the vital factor driving growth of the global market over the forecast period.
Fusion of the fruit powders is anticipated to be an emerging trend in fruit powders market. Growing consumption of the packaged food and beverage together with rising health awareness is anticipated to drive the fruit powders market. Furthermore, increasing utilization of fruit powders across manufacturing of the packaged food and beverage will further drive the growth of fruit powders market. Functional beverage and ready-to-drink sectors are proving significant opportunities for growth of fruit powders market. However, adverse weather conditions and natural disasters are likely to significantly hamper the growth of fruit powders market.
Fruit powders are made by freeze drying and vacuum processing method. Fruit powders are available at organic markets and health food stores. Fruits contain more water, hence it is concentrated to remove excess water, demineralized which is then spray-dried to get free flowing powder. Fruit powders can be used as an ingredient for cooking or as flavoring agent. Fruit powders have long shelf life at ambient temperature due to low water activity along with low logistic expenditure due to low weight and volume. Fruit powders are made from either spray drying or freeze drying process. Fruit powders comprise sun-dried or freeze-dried that is ground into powder, devoid of supplementary additives that contains around similar calories as raw fruit. Fruit powders contains no artificial colors or preservatives in it coupled with low-fat and low sodium amount present in Fruit powders. Fruit powders are mostly used in supplements, beverages and vitamin enhanced formulas. Fruit powders are convenient to incorporate in pharmaceutical formulations such as tablets, capsules or softgels.
Global Fruit Powders: Market Segmentation
The global fruit powders market is segmented on the basis of fruit type, application and region.
The fruit powders market is segmented on the basis of fruit type such as apple, banana, orange, lemon, pineapple, grapes, pear, specialty fruits such as blueberry and cranberry, and others such as mango, pomegranate, and watermelon.
The fruit powders market is segmented on the basis of application type in which fruit powders is used in applications in food products such as infant formula, beverage premixes, supplemental liquids, desserts, smoothies and instant food products, in beverages such as fruit drinks, energy drinks and carbonated drinks, in pharmaceuticals such as tablets, softgels and capsules, confectionery such as chocolates, and biscuits, bakery products such as cakes, bread and bread products and candy and dairy products such as yogurt, flavored milk, cheese and butter. Hence, the global fruit powders market is expected to significantly increase the revenue contribution over the forecast period.
Global Fruit Powders Market: Regional Outlook
Geographically, the global fruit powders industry can be divided by major regions which include North America, Latin America, Europe, Asia Pacific, Middle East and Africa. Globally, among all regions, Asia Pacific has developed as the dominant region in global fruit powders market followed by Europe and North America. Increasing usage of fruit powders in meat industry coupled with rising demand for natural colorants, has strengthened the growth of global fruit powders market and hence is projected to significantly expand the revenue contribution of the market over the forecast period.
Global Fruit Powders Market: Growth Drivers
The global fruit powders market driving factors are increasing demand for variety of fruit powders health drinks that contains high amount of vitamins and minerals and antioxidants. The fruit powders market is estimated to have growth potential in developing and developed countries as a result of consumer preference towards health drinks along with variety of fruit flavors in the drinks. Fruit powders are convenient and economical substitute to fresh fruits in various different applications. The use of fruit powders in infant formulas is seen to have robust growth due to consumer preference towards fruit flavored infant formula which also provides essential vitamins and minerals for infants. Along with increasing usage of fruit powders in various industries and economic potential by increased fruit production in the market, the global fruit powders market is expected to observe robust growth over the forecast period.
Global Fruit Powders Market: Key Players
Some of the key players identified across the value chain of the global fruit powders market include La Herbal (India), Farmvilla, Aum Agri Freeze Foods, SVagrofood, NutriBotanica, Kanegrade Limited, Saipro Biotech Pvt. Ltd, Kamdhenu Foods, NutraDry, Batory Foods, AARKAY FOOD PRODUCTS LTD and The Green Labs LLC. The companies are expected to expand their business by enhancing their product portfolio in global fruit powders market. The companies are projected to frame certain strategies in future in order to gain the competitive advantage in global fruit powders market till 2026.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, and others)
Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Benelux, Poland, Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle East and Africa (GCC, Southern Africa, North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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 Future Market Insights.
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This post was originally published on Food and Beverage Herald