Press release
Global Fruit Fillings Market Expected to Reach USD 3.8 Billion by 2028, Driven by Changing Consumer Preferences and Rising Demand for Natural and Healthy Ingredients
According to a recent research report titled "Fruit Fillings Market by Filling Type, Fruit Type, Application, and Region - Global Forecast to 2028," published by MarketsandMarkets, the global fruit fillings market is poised to reach USD 3.8 billion by 2028, showing a steady growth from USD 3.0 billion in 2023. The market is projected to grow at a CAGR of 4.6% during the forecast period in terms of value.Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=150631672
The growth is attributed to increased consumer demand for convenience foods, the popularity of on-the-go snacks, and the surge in e-Commerce platforms. Changing consumer preferences towards premium, nutritious, and low-calorie products with less sugar further contribute to the market's expansion.
The report highlights that the market for fruit fillings without pieces is expected to dominate in 2023, driven by the convenience and versatility of pureed, paste, or sauce formats. These fillings offer delicious fruity flavors and essential micronutrients, making them suitable for various food and beverage applications.
Among fruit types, the berries segment, including strawberries, blueberries, raspberries, blackberries, and cranberries, is projected to exhibit the fastest growth rate in 2023. Berries are favored for their unique flavors, nutritional benefits, and vibrant colors, making them popular choices for bakery and confectionery products like cakes, pastries, pies, and donuts.
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Regionally, the Asia Pacific region is experiencing the highest growth rate in the fruit fillings market. The increased demand for bakery and confectionery products, coupled with the rise of the middle-class population and their growing disposable incomes in countries like India, China, and Indonesia, contributes to the rising demand for fruit fillings in the region. The expansion of modern retail channels and a surge in the consumption of baked goods further boost the market.
Key players in the fruit fillings market include Puratos Group, Dawn Food Products Inc., Agrana Beteiligungs- AG, CSM Ingredients, Bakels Worldwide, Barry Callebaut, Andros Group, Zentis Gmbh & Co. KG, Rice & Company Inc., and Fruit Filling Inc.
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