Fruit And Vegetable Ingredients Market Trends, Size, Share And Industry Forecast 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Fruit And Vegetable Ingredients Global Market Report 2023 identifies the increase in demand for plant-based foods as the major driver for the fruit and vegetable ingredients market's growth in the forecast period. Plant-based foods are primarily made of whole or minimally processed plant parts, such as grains, nuts, seeds, and other whole or unprocessed foods like fruits and vegetables.

The global fruit and vegetable ingredients market size is expected to grow from $209.53 billion in 2022 to $222.88 billion in 2023 at a compound annual growth rate (CAGR) of 6.37%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fruit and vegetable ingredients market size is expected to reach $282.90 billion in 2027 at a CAGR of 6.14%.

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Major competitors in the fruit and vegetable ingredients market are AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Tate & Lyle PLC, Olam International Limited, Ingredion Incorporated, Döhler Group, SunOpta Inc., Cargill Incorporated, Kerry Group, Sensient Technologies Corporation, Symrise AG, Svz International BV, Balchem Ingredient Solutions BV, Kanegrade Flavours & Ingredients Private Limited, and Taura Natural Ingredients Ltd.

A key trend in the fruit and vegetable ingredients market includes Product innovation. Major companies operating in the food and vegetable ingredients market are focused on innovating new products to strengthen their market position. Product innovation allows businesses to remain relevant to their customers' needs while developing and improving over time. For instance, In September 2021, Koa Switzerland, a Switzerland-based start-up company operating in the food and vegetable ingredients market, partnered with French-based chocolate manufacturer Valrhona to create Oabika. Oabika is a concentration made from the white pulp that coats and protects the beans in the cocoa pod. It is filtered, pasteurized, and gradually lowered to 72 degrees Brix to generate a 100% cocoa pulp concentrate. Due to its distinct aroma and flavor is used in various applications, including ganaches, jellies, sauces, glazes, ice creams, and others.

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The fruit and vegetable ingredients market is segmented -
•By Type: Concentrates, NFC Juices, Pastes And Purees, Pieces And Powders
•By Nature: Organic, Conventional
•By Category: Fruits, Vegetables
•By Application: Bakery Products, Confectionery Products, Dairy Products, RTE Products, Soups And Sauces, Beverages, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the fruit and vegetable ingredients market.

The Business Research Company's "Global Fruit And Vegetable Ingredients Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Fruit And Vegetable Ingredients Market Include:
1. Executive Summary
2. Fruit And Vegetable Ingredients Market Characteristics
3. Fruit And Vegetable Ingredients Market Trends And Strategies
4. Fruit And Vegetable Ingredients Market - Macro Economic Scenario
5. Fruit And Vegetable Ingredients Market Size And Growth
……
26. Africa Fruit And Vegetable Ingredients Market
27. Fruit And Vegetable Ingredients Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fruit And Vegetable Ingredients Market
29. Fruit And Vegetable Ingredients Market Future Outlook and Potential Analysis
30. Appendix

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