Demand for Fruit Powder is forecasted to rise at 6.7% CAGR from 2024 to 2034

According to the most recent industry analysis conducted by Fact.MR, a leading provider of market research and competitive intelligence, the global Fruit Powder Market is anticipated to achieve a valuation of US$ 54.55 billion by the year 2024. Projections indicate a steady rise in worldwide demand for fruit powder, with an expected Compound Annual Growth Rate (CAGR) of 6.7% until the year 2034.

Growing number of individuals inclined toward adopting a healthier lifestyle are shifting their preferences from artificial ingredients to entirely natural products. This shift has led to increased opportunities for fruit powder manufacturers. A noteworthy trend in the market is the emergence of customized fruit powders, which are expected to gain significant traction over the coming years.

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Top Vendors are
Powderpure
Iprona SpA
Drytech Industries
Dohler Group
European Freeze Dry Ltd.
Paradise Fruits
Nutradry
Kanegrade Ltd.
Saipro Biotech Private Limited

Key Segments of Fruit Powder Market Research Report
By Nature : Organic, Conventional
By Type : Tropical Fruits, Berries & Grapes, Citrus Fruits, Stone Fruits
By End Use : Food Industry, Beverage Industry, Foodservice, Nutraceuticals, Retail/Household, Cosmetics & Personal Care
By Distribution Channel : Business to Business, Business to Consumer
By Region : North America, Latin America, Europe, East Asia, South Asia & Oceania, Middle East & Africa

Rising demand for super fruit powders is projected to play a crucial role in driving market growth during the forecast period. With changing consumer preferences and culinary trends, fruit powders are increasingly being embraced as sugar alternatives in the baking and confectionery industry. In various baking recipes, fruit powders are recognized as a healthier substitute for refined white sugar, contributing to the global surge in demand for fruit powders.

Key Takeaways from Market Study
The global fruit powder market is projected to expand at a CAGR of 6.7% through 2034.
Global sales of fruit powder are estimated at US$ 54.55 billion in 2024.
The market is forecasted to reach US$ 104.26 billion by 2034-end.
The North American market is anticipated to expand at a CAGR of 6% through 2034.
The conventional form of fruit powder is projected to account for 53.9% market share in 2024.
East Asia is forecasted to account for 25.7% of the global market share by 2034.

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Fruit Powder Market Trends and Growth in the United States

According to a recent analysis by Fact.MR, a leading provider of market research and competitive intelligence, East Asia is anticipated to secure a notable 25.7% share of the global fruit powder market by 2034.

Fruit powders play a pivotal role in the food and beverage industry, serving as crucial ingredients in crafting a variety of functional beverages. These include energy drinks, ready-to-drink teas, sports beverages, and enhanced fruit drinks, where fruit powders contribute both flavor and texture.

In the United States, fruit powder producers are experiencing robust growth, fueled by the increasing demand for convenient and nutritious food options. Offering a diverse range of fruit powders such as banana, strawberry, and blueberry, these products cater to consumers seeking wellness through convenient incorporation of fruit flavors into their diets.

Beyond beverages, fruit powders find application in a wide array of products including smoothies, snacks, and baked goods. Market expansion is further propelled by the growing preference for natural and clean-label products, mirroring a broader consumer shift towards nutrient-rich and sustainable choices.

The surge in fruit powder demand in China stems from various factors. Evolving consumer lifestyles and a heightened focus on holistic wellness drive individuals towards seeking convenient and nutritious food choices. With an increasing preference for natural and functional ingredients, products incorporating fruit powders gain traction for their ability to enrich flavor profiles while boosting nutritional value. Moreover, the burgeoning food and beverage sector in China amplifies the appeal of fruit powders as a coveted ingredient.

Read More - https://www.globenewswire.com/news-release/2024/02/22/2833512/0/en/Fruit-Powder-Market-Anticipated-to-Attain-US-104-26-Billion-at-6-7-CAGR-by-2034-Fact-MR-Report.html

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This release was published on openPR.