Global Mango Puree Market: Asia Pacific Likely to Maintain its Position as the Largest Market

A new research study titled, “Mango Puree Market: Global Industry Analysis (2012 - 2016) and Opportunity Assessment (2017 - 2027)” has been added to the vast repository of Market Research Reports Search Engine (MRRSE). According to the research study, the global mango puree market is likely to grow at a CAGR of 7.3% during the assessment period 2017-2027, and reach a valuation of over US$ 2 Bn by the end of the forecast period.

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The research study on the mango puree market is likely to be influenced by a wide range of macroeconomic and microeconomic trends. The research study offers in-depth analysis and insights on the mango puree market. A holistic and comprehensive assessment on the key drivers, restraints, opportunities, and trends impacting the market has been offered for the perusal of readers. Growing consumption of mangoes and growing applications in yogurt, infant food, and ice-cream are likely to provide an impetus to the growth of the market.

Although the outlook the market remains positive, the future prospects can be impeded owing to the growing health and wellness trend among consumers. Mango puree is high in sugar and calories, and many health-conscious consumers are avoiding these products to stay fit and healthy. According to the report, these factors can create bottlenecks for the growth of the market during the assessment period.

In a bid to offer detailed insights and analysis on the market, the research study offers segment-wise forecast. The market has been segmented on the basis of source, end use, and region. On the basis of source, conventional form continues to be one of the leading segments, whereas organic mango puree is likely to grow at high CAGR during the assessment period. The report expects the organic mango puree form to grow at a CAGT of 7.9% during the assessment period.

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By end-use, beverages is likely to remain one of the leading end-use segments for mango puree market. This segment was valued at nearly US$ 570 Mn in 2017, and it is expected to grow at a CAGR of 7.2% during the assessment period. By region, Asia Pacific excluding Japan (APEJ) is likely to be one of the leading markets for mango puree globally. The growth of the market in the region is likely to remain concentrated in China and India. These two countries have a sizeable section of population where mango consumption has remained high. These factors are likely to push the sales of mango puree products in the region.

The research study also offers a detailed competitive assessment on the key market participants in the mango puree market. Some of the key players in the market include Symrise AG, Nestlé S.A., The Hain Celestial Group, Inc, Riviana Foods Pty Ltd, Kiril Mischeff, Döhler GmbH, Newberry International Produce Limited etc.

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This release was published on openPR.