Fruit Puree Market Insights, Share, and Demand 2024-2033: Exploring Coating Technologies

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company offers in-depth market insights through Fruit Puree Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The fruit puree market size has grown strongly in recent years. It will grow from $4.54 billion in 2023 to $4.87 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increased consumer demand for healthy foods, increasing preference for convenience foods, expansion of food and beverage industry, growing awareness of plant-based diets, demand for natural and clean label products.

The fruit puree market size is expected to see strong growth in the next few years. It will grow to $6.25 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to innovations in flavor combinations, expansion of the functional foods sector, rise in demand for premium and exotic flavors, growth in global snack and dessert markets, increasing application in culinary practices. Major trends in the forecast period include focus on exotic and tropical flavors, innovations in packaging formats, sustainable sourcing and production practices, customization for foodservice and culinary applications, health and wellness trends, global expansion of fruit processing facilities.

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Market Segmentation:
The fruit puree market covered in this report is segmented -

1) By Fruit Type: Apple Puree, Banana Puree, Plum Puree, Strawberry Puree, Other Fruit Types
2) By Category: Organic, Conventional
3) By Application: Beverages, Bakery, Baby Food, Other Applications

Major Driver - Surging Demand For Functional Foods Boosts Growth In The Fruit Puree Market
Rising demand for functional food and beverages is expected to propel the growth of the fruit puree market going forward. 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. For instance, in May 2022, according to the International Probiotics Association, a US-based non-profit organization for probiotics, global probiotic (a functional food) consumption increased from $448 billion in 2019 to $476 billion in 2021. Therefore, the rising demand for functional food and beverages is driving the growth of the fruit puree market.

Competitive Landscape:
Major companies operating in the fruit puree market report are Symrise AG, Tate And Lyle PLC, Welch Foods Inc., Boiron Freres SAS, Tree Top Industries Inc., SunOpta Inc., Archer Daniels Midland Company, Capricorn Food Products India Ltd., Freshpet Inc., Grünewald GmbH, Westfalia Fruit, Fénix SA, FruitSmart Inc., Aseptic Fruit Purees, Milne Fruit Products Inc., SVZ International B.V., ABC Fruits, Kerry Group plc, Sicoly Cooperative, iTi Tropicals Inc., Ingredion Incorporated, Uren Food Group Limited, China Kunyu Industrial Co. Ltd., Dennick Fruitsource LLC, David Berryman Ltd., Agrana Beteiligungs-AG, Kirby Corporation, Doehler Group SE, Del Monte Pacific Limited, Hain Celestial Group Inc.

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Top Trend - Certified Organic Line To Fuel The Fruit Puree Market
Product innovations are a key trend gaining popularity in the fruit puree market. 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.

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

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