Press release
Fruit and Vegetable Powder Market to Reach $23.05 Billion by 2029, Growing at a 4.92% CAGR
Fruit and Vegetable Powder Market OverviewThe global fruit and vegetable powder market is witnessing unprecedented growth, driven by the rising demand for healthier food alternatives, convenience, and extended shelf life of powdered fruits and vegetables. This press release delves into the market dynamics, growth opportunities, and recent developments in the industry across key regions like Vietnam, Thailand, Japan, China, South Korea, Singapore, the US, and Europe.
The global fruit and vegetable powder market was valued at USD 12.5 billion in 2023 and is expected to grow at a CAGR of 6.2% during the forecast period from 2024 to 2030, reaching a market size of approximately USD 19.2 billion by 2030. The market's growth is fueled by the increasing adoption of plant-based diets, rising health consciousness, and the expanding application of powdered products in food and beverage industries.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/96160/
Growth Opportunities in Vietnam
Vietnam's fruit and vegetable powder market is expanding due to its rich agricultural base. Government initiatives to modernize agricultural practices have enabled the production of premium-grade powders.
Recent partnerships, such as Vinamilk's collaboration with international suppliers, have boosted export-oriented production.
Key local players are emphasizing organic certifications to tap into global markets.
Opportunities in Thailand
Thailand, known for its tropical fruits, is a major contributor to the fruit powder segment.
Export-oriented production has surged, with companies like Doi Kham focusing on freeze-dried powders for international markets.
Government incentives for SMEs in the food processing industry are fostering growth.
Trends in Japan
Japan's market is driven by consumer preferences for natural and functional food ingredients.
Innovations in packaging and product formulations, such as the single-serve powder packs by Kagome, are gaining traction.
The trend of personalized nutrition has encouraged companies to launch powders with specific health benefits, such as immunity boosters.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/96160/
Consolidation in China
China's market is experiencing significant consolidation as leading companies acquire smaller players to strengthen their market position.
COFCO Corporation has recently acquired several regional fruit powder producers to expand its portfolio.
Domestic consumption of fruit and vegetable powders is rising due to increasing urbanization and awareness of healthy living.
Updation in South Korea
South Korea's fruit and vegetable powder market is evolving with advanced technological integration in production.
Companies like CJ CheilJedang are leveraging AI-driven quality control systems to enhance product consistency.
South Korea's growing export market, particularly in Europe, is propelling the industry.
Growth Opportunities in Singapore
Singapore's strategic location and robust trade infrastructure make it a hub for fruit and vegetable powder imports and exports.
Startups such as Sustenir Agriculture are focusing on innovative powder formulations using locally grown produce.
The government's support for agritech solutions is bolstering production capabilities.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/96160/
Trends in the United States
The US remains a dominant player in the fruit and vegetable powder market due to high consumer demand for health-oriented products.
Companies like General Mills are launching organic and non-GMO powders to cater to health-conscious consumers.
The rise of e-commerce platforms is significantly driving sales.
Consolidation in Europe
Europe's market is characterized by mergers and acquisitions, driven by the demand for sustainable and organic products.
Nestlรฉ has recently acquired a UK-based fruit powder manufacturer to diversify its portfolio.
Stringent EU regulations ensure the production of high-quality, safe, and sustainable products.
Recent Key Developments
New Product Launches: Companies like Del Monte Foods and Herbalife Nutrition have introduced innovative powders targeting the health and wellness segment.
Technological Advancements: Freeze-drying and spray-drying technologies have improved powder quality and shelf life.
Sustainability Efforts: Major players are adopting eco-friendly packaging and sourcing practices.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-fruit-and-vegetable-powder-market/96160/
Fruit and Vegetable Powder Market Segmentation
by Source
Fruit Powder
Vegetable Powder
by Distribution channel .
Direct Sales
Indirect Sales
by End Use
Food and Beverages
Bakery
Confectionary
Pharmaceuticals
Fruit and Vegetable Powder Market Key Players
1. Green Rootz
2. Kisan Foods
3. Farmville
4. Kamdhenu Foods
5. ARONA GmbH
6. Aum Agri Freeze Foods
7. NutraDry
8. General Mills,
9. Saipro Biotech Pvt. Ltd
10.Batory Foods
11.SHAKTI FOODS
12.NutriBotanica
13.The Green Labs LL
14.Nutrifruit
15.Powderpure
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐๐ก๐๐ญ'๐ฌ ๐๐ซ๐๐ง๐๐ข๐ง๐ :
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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