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Fruit Powder Market 2022 | Share, Price Trends and Global Industry Forecast to 2027
Fruit Powder Market Overview:The global fruit powder market reached a value of US$ 18.07 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 23.93 Billion by 2027 exhibiting a CAGR of 4.50% during 2022-2027.
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Fruit powder is made from fruits that have been dehydrated or freeze-dried and then finely ground to preserve their flavors and nutrients. Some commonly used fruits include bananas, mango, apples, and berries. It is used in numerous foods and beverages, including curries, sweets, soups, marinades, and pastries, as a natural sweetener, coloring agent, and flavor enhancer. It has a longer shelf life at room temperature and is easy to use, preserve, transport, and store. Since it possesses high levels of nutrition and antioxidants, fruit powder is gaining immense traction as an excellent substitute for higher-calorie ingredients across the globe.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Fruit Powder Market Trends and Drivers:
The global fruit powder market is primarily driven by the rising demand for superfoods such as berry, cranberry, acerola, baobab, and acai powders due to increasing health consciousness among the masses.
Moreover, there is a rise in product demand for weight loss, maintaining healthy skin, balancing blood sugar levels, and lowering blood pressure owing to its high nutritional content.
In line with this, the surging focus on including fruits in daily diet is positively influencing the market growth.
Besides this, the introduction of chemical-free, organic fruit powder and the escalating demand for clean-label ingredients in food products are contributing to market growth. Additionally, the shifting consumer preferences toward fruit-based snacks and beverages is another major growth-inducing factor.
Other factors, including the increasing incorporation of fruit powder in the formulation of cosmetic and personal care items, inflating consumer disposable incomes, and surging product adoption among the vegan population, are also anticipated to drive the market further.
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Global Fruit Powder Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Döhler Group SE, Drytech Processes (I) Pvt Ltd, European Freeze Dry, FutureCeuticals Inc. (R. J. Van Drunen & Sons Inc.), Iprona SpA, Kanegrade Ltd., Nutradry Pty Ltd, Paradise Fruits Solutions GmbH & Co. KG, Saipro Biotech Private Limited, The Green Labs LLC and Watershed Foods LLC.
The report has segmented the market on the basis of region, fruit type, technology, distribution channel and application.
Breakup by Fruit Type:
• Apple
• Mango
• Banana
• Berries
• Others
Breakup by Technology:
• Freeze Dried
• Spray Dried
• Vacuum Dried
• Drum Dried
Breakup by Distribution Channel:
• Business to Business
• Business to Consumer
o Supermarkets and Hypermarkets
o Food and Drink Specialty Stores
o Convenience Stores
o Online Stores
o Others
Breakup by Application:
• Bakery
• Confectionery
• Snacks and RTE Products
• Dairy
• Beverages
• Soups and Sauces
• Others
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/fruit-powder-market
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
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