Apple Juice Concentrate Market Research Future Insights:
The Global Apple Juice Concentrate Market is estimated to be worth USD 8731.4 Million by 2027, registering a 4.57% CAGR during the forecast period (2020- 2027).
An apple juice concentrate is a concentrated processed product produced by extracting a specific amount of water content from the apple. Due to its neutral color and taste, it is extensively used in a variety of applications, including beverages, bakery & confectionery, dips & spreads, frozen desserts, sauces, vinegar, and dairy products.
The increasing demand and popularity of natural plant-based ingredients and convenient food and beverage, and its growing use as a sugar substitute in bakery products around the globe are the key factors fuelling the market growth. Surging demand for cold-pressed juices and Not from Concentrate (NFC), on the other hand, is estimated to stifle global market growth. The demand for natural sugars has grown as consumers are getting more aware of the risks of added sugar in food. Players in the worldwide market have turned their attention to sugar extracted from fruits, which are known as deionized fruit juice concentrates, as a natural source of sugar. In baking products, concentrated sugar is considered a healthier substitute for refined white sugar. Further, it keeps bakery products moist for a stretched period. Apple juice concentrate, unlike processed sugar, is rich in nutritional value and released slowly into the bloodstream. As a result, the augmenting use of apple juice concentrate as a substitute for refined sugar in confectionery and bakery products is anticipated to propel the global apple juice concentrate market forward during the forecast timeframe.
The Global Apple Juice Concentrate Market report provides an integrated evaluation of the market. The report tends to a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a significant role in the market.
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Regional Analysis
The Global Apple Juice Concentrate Market is divided into five regions; North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.
North America confined the largest share in 2022 and is projected to grow at a substantial rate in the coming years.
The apple juice concentrate market in Europe is culturing at a considerable rate, as the demand for puree concentrates as a healthy substitute for sweeteners for baby food and snacks is boosting.
Asia-Pacific is anticipated to register the highest CAGR during the forecast period owing to the region’s increasing demand for fruit-based beverages and food products.
Market Segmentation
The Global Apple Juice Concentrate Market is segmented into the following types;
By Product Type
By Form
By Application
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Key Players
The Global Apple Juice Concentrate Market’s prominent key players are Ingredion Incorporated (US), H&H Products Company (US), Welch’s (US), Ve.Ba. Cooperativa Ortofrutticola S.C. (Italy), Döhler (Germany), Louis Dreyfus Holding B.V. (Netherlands), Sonnländer (Germany), Tree Top, Inc. (US), and LemonConcentrate S.L. (Spain).
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