Impact of Covid 19 on Passion Fruit Concentrate Market 2021 by Trends, Growth Rate and Future Scope- Britvic plc, Ceres Fruit Juices Pty Ltd, CO-RO A/S, Dafruta, Ingredion Incorporated

According to our latest market study on "Passion Fruit Concentrate Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Source (Organic and Conventional) and End Use (Infant Food, Beverages, Bakery and Snacks, Ice Cream and Yogurt, and Others)," the Passion Fruit Concentrate market accounted for US$ 464.57 million in 2019 and is expected to grow at a CAGR of 4.7% during 2020-2027 to reach US$ 668.83 million by 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Passion fruit is a tropical nutritious fruit that grows in warm climates. It is majorly cultivated in South America, Africa, and other regions. Passion fruit concentrate is processed from ripe passion fruit to retain the characteristic flavor and color of the whole fruit. Passion fruit concentrate is an affordable alternative to fresh passion fruits. Passion fruit concentrates have more shelf life and are convenient for consumers who do not have access to fresh passion fruits. Passion fruit concentrate offer nutrients that reduce inflammation and promote healthy skin.

South America is expected to grow with the highest CAGR of 5.4% during the forecast period. Passion fruit is native to subtropical regions of South America. It is commonly eaten as fresh fruit and is processed for cooking purposes in South America. The demand for passion fruit concentrate is expected to increase in the region owing to the shift of consumer’s preference toward products with health benefits. High disposable income and changing lifestyles of the growing population also boosts the demand. A shift in the eating habits, living patterns, and rising disposable income of consumers also fuels the demand for passion fruit concentrate in the South American region. The wide-scale availability of fresh passion fruit in the region fruit is another factor that bolsters the growth of passion fruit concentrate in the South American region.

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Key vendors engaged in the Passion Fruit Concentrate market and covered in this report:
• Britvic plc
• Ceres Fruit Juices Pty Ltd,
• CO-RO A/S (Sunquick Concentrate)
• Dafruta
• Ingredion Incorporated
• Kiril Mischeff Group Ltd
• Passi AG
• Planters Treasure Enterprises Private Limited
• Quicornac S.A.
• The Perfect Purée of Napa Valley
...

COVID-19 outbreak first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the world. As of August 2020, India, China, Brazil, Italy, Iran, Spain, Republic of Korea, France, Germany, and the US are among the worst affected countries in terms of confirmed cases and reported deaths. According to the latest WHO figures, there are ~25,118,689 confirmed cases and ~844,312 total deaths globally. The COVID-19 outbreak has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The global food & beverage industry is one of the major industries that are suffering serious disruptions such as supply chain breaks, technology events cancellations, office shutdowns, etc. as a result of this outbreak. Due to the global pandemic crisis and the indefinite lockdown across nations, the food & beverage industry witnessed high demand for household staples, healthy food items, and food products with longer shelf lives.

Global Passion Fruit Concentrate Market – By Source
• Organic
• Conventional

Global Passion Fruit Concentrate Market – By End Use
• Infant Food
• Beverages
• Bakery and Snacks
• Ice Cream and Yogurt
• Others

Regional and Country-wise Analysis: Global Passion Fruit Concentrate Market
– North America (U.S., Canada, Mexico)
– Europe (Germany, France, Italy, UK, Russia, Rest of Europe)
– Asia Pacific (Australia, China, India, Japan, South Korea, Rest of Asia Pacific)
– Middle East and Africa (MEA) (South Africa, Saudi Arabia, UAE, Rest of MEA)
– South America (Brazil, Argentina, Rest of South America (SAM))

Passion Fruit Concentrate Market 2020-2027 Global Industry research report explores analysis of historical data along with size, share, growth, demand and revenue of the global Passion Fruit Concentrate and estimates the future trend of market on the basis of this detailed study. The study shares market performance both in terms of volume and revenue and this factor which is useful & helpful to the business.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Passion Fruit Concentrate market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Passion Fruit Concentrate market segments and regions.

Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Passion Fruit Concentrate market.

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Key points from Table of Content:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Passion Fruit Concentrate Market Landscape
5. Global Passion Fruit Concentrate Market - Key Industry Dynamics
6. Passion Fruit Concentrate - Global Market Analysis
7. Passion Fruit Concentrate Market Analysis – By Source
8. Passion Fruit Concentrate Market Analysis – By End Use
9. Passion Fruit Concentrate Market – Geographic Analysis
10. Overview- Impact of Coronavirus outbreak
11. Company Profiles
12. Appendix

LIST OF TABLES

LIST OF FIGURES

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