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Fruit Powder Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033

Fruit Powder Market

Fruit Powder Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2371

The Business Research Company offers in-depth market insights through Fruit Powder 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 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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Market Segmentation:
The main fruit types in used for fruit powder are , apple, mango, banana, berries and others. Organic and traditional manufacturing processes are used to create the fruit powder and freeze-dried, spray dried, vacuum dried, and drum dried are the technologies used to manufacture fruit powders. Fruit powder are mostly used in bakery, confectionery, snacks or ready-to-eat products, dairy, beverages, soups and sauces and others. These fruit powders are used in fruit processing, beverage processing, dietary supplements, pharmaceuticals, cosmetics and personal care.

Major Driver - Growing Demand For Organic Products Boosts Fruit Powders Market Growth
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, according to a report by Soil Association, in the year 2021, the organic food sales in the UK increased by 15% 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.

Competitive Landscape:
Major companies operating in the fruit powder market include 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., Saipro Biotech Pvt. Ltd., R. J. Van Drunen Farms, GacLife LLC, Vinayak Ingredients (India) Pvt. Ltd., AGRANA Group, Milne MicroDried, Naturex S.A., NutriBotanica, Oregon Freeze Dry Inc., International Flavors & Fragrances, SunOpta Inc., Taura Natural Ingredients Limited, The Green Labs LLC, Van Drunen Farms, VDF FutureCeuticals Inc., Welch's Global Ingredients Group, Xi'an DN Biology Co. Ltd., Z Natural Foods LLC, Zhejiang Jianfeng Group Co. Ltd., Olygose

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Top Trend - Taiyo And Asiros Collaborate To Launch High-Fiber Fruit Powder Lines With Prebiotic Benefits
Product innovation is a key trend in the fruit powder market. Prebiotic food powders are gaining traction in the market. Prebiotics are plant fibers that have been modified and serve as fertilizers, encouraging the development of beneficial microorganisms in the stomach. Many vegetables and fruits contains prebiotics, mostly those are high in complex carbohydrates like resistant starch and fiber. In July 2021, Taiyo, a German natural dietary fiber expert, and Asiros, a Danish fruit powders firm, collaborated to create and commercialize two high-fiber fruit powder lines for the stomach. The partnership combines the firms' expertise in natural plant-based premium ingredients.

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

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The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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