Overview and Scope
The fruit pulp is the most fundamental product made by processing fresh fruit. It includes both the juice and the pulp, the fibrous thread that is frequently separated from fruit juice. Fruit pulps retain their color, flavor, and texture even after extensive processing and storage.
Sizing and Forecast
The fruit pulp market size has grown steadily in recent years. It will grow from $1.41 billion in 2023 to $1.47 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to historical demand patterns, market entry of new players, price fluctuations, consumer preferences, economic cycles.
The fruit pulp market size is expected to see steady growth in the next few years. It will grow to $1.76 billion in 2028 at a compound annual growth rate (CAGR) of 4.5%. The growth in the forecast period can be attributed to seasonality, regulatory changes, competitive landscape, economic conditions, health and wellness awareness. Major trends in the forecast period include use of advanced natural and healthy ingredients, technological advancements and research & development, innovative product development.
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Segmentation & Regional Insights
The fruit pulp market covered in this report is segmented –
1) By Type: Mango, Apple, Guava, Papaya, Banana, Peach, Kiwi, Citrus Fruits, Berries, Other Types
2) By Nature: Organic Fruit Pulp, Conventional Fruit Pulp
3) By Form: Liquid, Powder
4) By Distribution: E-Commerce, Convenience Stores, Supermarkets Or Hypermarkets, Specialty Stores, Other Distributions
5) By End Use: Food And Beverage Industry, Food Service Industry, Retail Or Household
North America was the largest region in the fruit pulp market analysis in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fruit pulp market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The increasing demand for pulp-based food products is expected to drive the growth of the fruit pulp market going forward. Pulp-based food products refer to processed food items in which fruit or vegetable pulp is incorporated to enhance the natural flavor and taste of desired fruit and vegetable. In pulp-based food products, fruit pulp is utilized in the production of goods including jams, marmalades, jellies, candies, beverages, and flavorings that contain fruit. In the beverage, milk, juice, snack, bread, and dairy industries, it is also commonly employed as a flavoring additive. For instance, according to the data published by the Centre for the Promotion of Imports from developing countries (CBI), a Netherlands-based government agency for foreign affairs, the amount of processed fruit and vegetable imports into Europe has increased considerably in the past few years. Around 1/3rd (33%) of imports are made by developing nations in which tropical fruit liquids and purees, cashew nuts, groundnuts (peanuts), canned tropical fruit and vegetables, frozen berries and tropical fruit were the products with the highest promise in 2021. This increased import of fruit juices and purees indicates that there is a high demand for pulp-based food products, thus, it is expected to propel the growth of the fruit pulp market in the forecast period.
Key Industry Players
Major companies operating in the fruit pulp market report are PepsiCo Inc., ABC Fruits, Conagra Brands Inc., AGRANA Beteiligungs-AG, Agrana Group, Allanasons Private Limited, Doehler Group, Goya Foods Inc., SunOpta Inc., Rio Grande Food Products Inc., Keventer Group, Sunrise Naturals Pvt. Ltd., Kiril Mischeff Ltd., Jadli Foods (India) Pvt. Ltd., Pursuit Industries Pvt. Ltd., Alimentos SAS, SVZ International B.V., Sun Impex Clearing & Shipping Agency Pvt. Ltd., Iprona The Fruit Company, Fabrica de Mermeladas S.A. de C.V., Tianjin Kunyu International Co. Ltd., Mysore Fruit Products Ltd., Shimla Hills Offerings Pvt. Ltd., Capricorn Food Products India Ltd., Paradise Juice Private Limited, Mor Mukat Marketing Private Limited, Tropifruit GmbH & Co KG, The Fruit Company, Shree Ganesh Frozen Foods Private Limited, Raje Agro Foods Pvt. Ltd.
The fruit pulp market report table of contents includes:
1. Executive Summary
2. Fruit Pulp Market Characteristics
3. Fruit Pulp Market Trends And Strategies
4. Fruit Pulp Market – Macro Economic Scenario
5. Global Fruit Pulp Market Size and Growth
………….
32. Global Fruit Pulp Market Competitive Benchmarking
33. Global Fruit Pulp Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Fruit Pulp Market
35. Fruit Pulp Market Future Outlook and Potential Analysis
36. Appendix
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