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Fruit Puree Market Growth, Industry Share, Size, Trends Analysis, Challenges, Business Opportunities And Forecast 2023-2032
Fruit Puree Market Report
The Business Research Company's Fruit Puree Global Market Report 2023 identifies Rising demand for functional food and beverages as the major driver for the Fruit Puree market's growth in the forecast period. Functional foods and beverages are dietary components with additional nutrients and energy supplements. Functional foods such as probiotic drinks or food are blended with natural options such as fruit purees of fruits such as berries, apples, and bananas to make the drink or food healthier.
The global fruit puree market is expected to grow from 4.22 billion in 2022 to 4.54 billion in 2023 at a compound annual growth rate (CAGR) of 7.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. 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 puree market is expected to reach 5.84 billion in 2027 at a CAGR of 6.5%.
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Major competitors in the Fruit Puree market are Symrise AG, Tate And Lyle PLC, Welch Foods Inc., Boiron Freres SAS, Tree Top Industries Inc.
A key trend in the Fruit Puree market includes Product innovations. Major companies operating in the fruit puree market are introducing innovative products to sustain their position in the market. For instance, in July 2023, Oregon Fruit Products LLC, a US-based manufacturer of fruit-based products, launched tart Rhubarb Puree, along with a new line of certified organic products. This innovative puree has a rosy blush color with 100% natural fruit and no preservatives or additives making it ideal for various beer styles, such as IPA, fruited sour, non-alcoholic seltzers, and kombuchas.
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The Fruit Puree market is segmented -
•By Fruit Type: Apple Puree, Banana Puree, Plum Puree, Strawberry Puree, Other Fruit Types
•By Category: Organic, Conventional
•By Application: Beverages, Bakery, Baby Food, Other Applications
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fruit Puree market.
The Business Research Company's "Global Fruit Puree 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 Puree Market Include:
1. Executive Summary
2. Fruit Puree Market Characteristics
3. Fruit Puree Market Trends And Strategies
4. Fruit Puree Market - Macro Economic Scenario
5. Global Fruit Puree Market Size and Growth
.......
32. Global Fruit Puree Market Competitive Benchmarking
33. Global Fruit Puree Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Fruit Puree Market
35. Fruit Puree Market Future Outlook and Potential Analysis
36. Appendix
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