Press release
Global Fruit Puree Market Projected to Surpass $6.7 Billion by 2029 with 7% Annual Growth
What market dynamics are playing a key role in accelerating the growth of the fruit puree market?The anticipated growth of the fruit puree market is driven by the increasing demand for functional food and beverages. These dietary components are endowed with extra nutrients and energy-boosting supplements. Probiotic drinks or food, a type of functional food, are made healthier by incorporating natural elements like fruit purees of berries, apples, and bananas. For example, the Agriculture and Agri-Food Department of a Canada-based government reported in October 2023 that there was a significant increase in the exports of processed food and beverage products in 2022, reaching a record-breaking $54.3 billion. This was a 14.1% rise from the previous year's figures and made up 34.7% of the total production value. Consequently, the surging demand for functional food and beverages is fueling the growth of the fruit puree market.
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How will the growth rate of the fruit puree market shape industry trends by 2034?
In the past few years, the fruit puree market has experienced significant growth. It is projected to increase from $4.87 billion in 2024 to $5.21 billion in 2025, with a compound annual growth rate (CAGR) of 7.0%. The growth during the historical period is linked to a rise in consumer demand for wholesome food products, a growing inclination towards convenience foods, an expansion in the food and beverage sector, increasing consciousness about plant-protein diets, and a surge in demand for natural and products with clean labels.
Significant growth is anticipated in the fruit puree market over the coming years, with projections showing a rise to $6.7 billion by 2029. This is expected to be at a compound annual growth rate (CAGR) of 6.5%. This growth throughout the forecasted period can be linked to creative flavor combinations, the expanding functional foods sector, a surge in demand for high-end and unique flavors, the growth of the worldwide snack and dessert markets, and the increasing utilization in culinary arts. Key trends during the forecast period involve a surge in interest for unique and tropical flavors, novel packaging designs, ethical sourcing and production methods, tailored products for food service and culinary uses, health and wellness tendencies, and the global development of fruit processing facilities.
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What trends are poised to drive the future success of the fruit puree market?
One significant trend emerging in the fruit puree market is product innovation. To maintain their market presence, leading corporations in this sector have begun to debut unique offerings. Oregon Fruit Products LLC, a US-based firm renowned for its fruit products, is an example of this. In July 2023, they introduced tart Rhubarb Puree, accompanied by a fresh range of certified organic items. Characterized by a rosy blush hue, this innovative puree made from 100% natural fruits lacks both additives and preservatives, making it suitable for a wide variety of beer styles such as IPA, fruited sour, non-alcoholic seltzers, and kombuchas.
Which primary segments of the fruit puree market are driving growth and industry transformations?
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
Subsegments:
1) By Apple Puree: Organic Apple Puree, Conventional Apple Puree
2) By Banana Puree: Organic Banana Puree, Conventional Banana Puree
3) By Plum Puree: Organic Plum Puree, Conventional Plum Puree
4) By Strawberry Puree: Organic Strawberry Puree, Conventional Strawberry Puree
5) By Other Fruit Types: Mango Puree, Peach Puree, Pear Puree, Mixed Fruit Puree
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Which geographical regions are pioneering growth in the fruit puree market?
Asia-Pacific was the largest region in the fruit puree market in 2024. The regions covered in the fruit puree market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Who are the influential players reshaping the fruit puree market landscape?
Major companies operating in the fruit puree market include 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., 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, Doehler Group SE, Del Monte Pacific Limited, Hain Celestial Group Inc.
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What Is Covered In The Fruit Puree Global Market Report?
• Market Size Forecast: Examine the fruit puree market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the fruit puree market for a structured understanding.
• Key Players Overview: Analyze major players in the fruit puree market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fruit puree market.
• Segment Contributions: Evaluate how different segments drive overall growth in the fruit puree market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fruit puree market.
• Industry Challenges: Identify potential risks and obstacles affecting the fruit puree market.
• Competitive Landscape: Review strategic developments in the fruit puree market, including expansions, agreements, and new product launches.
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