Market Overview
Global Fruit and Vegetable Ingredients Market is expected to grow at the CAGR of 5%. With increasing consumer awareness, growing consumer’s concern about health & wellness and better understanding of human nutrition have led to the improved management of nutrient intake. Fruit & vegetable ingredients impart aromas, flavours, textures, colours and enhances the shelf life of the products by providing multi-sensory experience throughout the entire shelf life. Fruit & vegetable ingredients are rich source of nutrition which include carbohydrates, fats, proteins, minerals, and others which reduces the risk of various diseases, including cancers and cardiovascular disorder. These ingredients are essential for human body as it has both functional and economic value.
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Major Key Players
This report includes a study of strategies such as mergers and acquisitions, product launches by the major Fruit and Vegetable Ingredients Market players. It further includes product portfolios, developments of leading major players which includes Sensient Technologies Corporation (U.S.), Kerry Group PLC (Ireland), SUNOPTA, Inc. (Canada), Archer Daniels Midland Company (U.S.), Olam International Ltd. (Singapore), Diana Group S.A.S. (France) and DÖHLER (Germany)
Key Findings
Europe dominates the Fruit and Vegetable Ingredients Market followed by North America. U.K. holds the largest market share in fruit & vegetable ingredients in Europe
Segments
Fruit & vegetable ingredients market has been segmented on the basis of type which comprises of concentrates, pastes & purees, NFC juices, pieces & powders, and others
Fruit & vegetable ingredients has been segmented on the basis of source into fruits and vegetables
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Regional Analysis
Globally there is huge demand for fruit & vegetable ingredients due to the huge demand of natural and free-from products. The global Fruit & Vegetable Ingredients market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these European region has the major market share. Fruit & Vegetable Ingredients is largely consumed in developed countries like U.S., Canada, Germany, U.K. and Italy. Indian and Chinese Fruit & Vegetable Ingredients market hold great potential and ample opportunities to grow in next 5 years owing to growing health awareness, growing urbanization with consumers being more concerned about fitness and weight management along with other factors such as government support and low labor cost.
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