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Fruit Powder Market 2024 Mega Trends, Industry Share, Industry Analysis And Forecast To 2033 | Iprona Spa, European Freeze Dry Limited, FutureCeuticals Inc., Kanegrade Ltd
The Business Research Company presents an extensive market research report on the "" Fruit Powder Global Market Report 2024,"" furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the fruit powder industry. This report on fruit powder market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The fruit powder market size has grown strongly in recent years. It will grow from $16.72 billion in 2023 to $17.94 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increased demand for natural and clean label ingredients, growth in consumer awareness of health and wellness, convenience and longer shelf life of fruit powders, expansion of the food and beverage industry, demand for natural flavor enhancers and sweeteners.
The fruit powder market size is expected to see strong growth in the next few years. It will grow to $24.28 billion in 2028 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to adoption of fruit powders in infant nutrition and baby food products, emphasis on sustainable sourcing and supply chains for fruit ingredients, research and development in microencapsulation technologies for fruit powders, demand for fruit powders in the bakery and confectionery industry, expansion of fruit powder applications in dietary supplements and sports nutrition, growing popularity of fruit-flavored beverages and smoothies. Major trends in the forecast period include superfruit powders, freeze-dried fruit powders, fruit-infused beverages and teas, powdered fruit snacks and bars, personalized nutrition and customized fruit blends, powdered fruit snacks and bars.
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Key Market Players:
Iprona Spa, European Freeze Dry Limited, FutureCeuticals Inc., Kanegrade Ltd., Nutradry Pty Ltd., Dohler Group, Paradise Fruits Solutions GmbH & Co. KG, Farmvilla Food Industries Pvt. Ltd
Market Drivers:
According to the Fruit Powder Market Report 2024 by The Business Research Company, the increasing demand for organic products is expected to propel the growth of the fruit powders market. Organic products are products cultivated without the use of chemical fertilizers. Organic food has grown in popularity recently due to its numerous health advantages. These naturally cultivated fruits, vegetables, eggs, or meat aid in developing our immune systems. Fruit powder helps in adding flavors to organic food products. For instance, in 2021, according to a report by Soil Association, a UK-based charity organization, the organic food sales in the UK increased by 15% in the year 2021 over the previous year. Similarly, according to Better Health Channel, it is a part of digital strategy and services unit in the Victorian government, Australia, the organic food demand is increasing at a pace of 20-30% each year. Therefore, the increasing demand for organic products is driving the growth of the fruit powders market.
More information about the Global Fruit Powder Market Report -
https://www.thebusinessresearchcompany.com/report/fruit-powder-global-market-report
Market segments for template include:
1) By Fruit Type: Apple, Mango, Banana, Berries, Other Fruit Types
2) By Nature: Organic, Conventional
3) By Technology: Freeze Dried, Spray Dried, Vacuum Dried, Drum Dried
4) By Application: Bakery, Confectionery, Snacks/RTE Products, Dairy, Beverages, Soups And Sauces, Other Applications
5) By End-User: Fruit Processing, Beverage Processing, Dietary Supplements, Pharmaceuticals, Cosmetics And Personal Care
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Check Out The Fruit Powder Market Report's Discount Options Here -
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Powder Coatings Global Market Report 2024
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