Leading Companies Reinforcing Their Presence in the Fruit and Vegetable Ingredients Market

The fruit and vegetable ingredients market is positioned for remarkable expansion over the coming years. Fueled by evolving consumer preferences and innovations in food technology, this sector is set to experience substantial growth as demand for natural and functional ingredients rises across various food applications.

Projected Market Value and Growth Rate of the Fruit and Vegetable Ingredients Market
The fruit and vegetable ingredients market is anticipated to reach a value of $346.17 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.1%. Several factors contribute to this surge, including increasing consumer interest in functional food ingredients and a growing shift toward plant-based formulations. Additionally, sustainable sourcing methods are becoming more widespread, while the use of these ingredients in ready-to-eat meals continues to expand. Innovations in ingredient preservation techniques also play a key role in supporting this market's robust development. Emerging trends shaping the industry include a rising preference for clean-label products, increased demand for organic ingredients, expanded applications of not-from-concentrate (NFC) juices, wider adoption of powdered and concentrated ingredient forms, and a stronger emphasis on maintaining color and flavor stability.

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Top Companies Leading the Fruit and Vegetable Ingredients Market
The competitive landscape of the fruit and vegetable ingredients market features several prominent players. These include AGRANA Beteiligungs AG, Archer Daniels Midland Company, Olam International Limited, Ingredion Incorporated, Cargill Incorporated, Döhler GmbH, Sensient Technologies Corporation, SunOpta Inc, Diana Food SAS, SVZ Industrial Fruit Vegetable Ingredients Inc, Kanegrade Ltd, FruitSmart Inc, Milne Fruit Products Inc, Tree Top Inc, Taura Natural Ingredients, Paradise Fruits Solutions GmbH, Van Drunen Farms, Kiril Mischeff Ltd, Tate And Lyle Plc, Welch Foods Inc, and Kerry Group Plc.

Significant Acquisition Expanding Döhler Group's Market Presence
In July 2023, Döhler Group, headquartered in Germany, finalized the acquisition of SVZ International B.V., a Denmark-based supplier specializing in liquid fruit and vegetable ingredients for the food and beverage sector. Although the financial details were not disclosed, this strategic move aims to enhance Döhler's portfolio of natural red fruit and vegetable ingredients, while broadening its global footprint, especially in the United States and Japan.

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Emerging Trend of Vegetable Proteins in Pet Food
Leading companies in the fruit and vegetable ingredients market are increasingly focusing on vegetable proteins designed for pet nutrition to capture a competitive advantage. These plant-based proteins provide essential amino acids and nutritional benefits for pets, reflecting a growing trend toward sustainable and high-quality pet food ingredients. In June 2023, Belgium-based BENEO GmbH introduced a new range of high-quality, non-GMO vegetable proteins tailored for pet food applications. This collection includes ingredients like Vital Wheat Gluten and rice protein, which serve as sustainable alternatives to animal proteins, offering a balanced amino acid profile and approximately 80% protein density. This innovation aligns with evolving standards in pet nutrition that mirror human dietary trends.

Key Segments Driving Growth in the Fruit and Vegetable Ingredients Market
This market is segmented into several key categories:
1) By Type: Concentrates, NFC Juices, Pastes and Purees, Pieces and Powders
2) By Nature: Organic and Conventional
3) By Category: Fruits and Vegetables
4) By Application: Bakery Products, Confectionery Products, Dairy Products, Ready-to-Eat (RTE) Products, Soups and Sauces, Beverages, and Other Applications

Further breakdowns include:
- Concentrates subdivided into fruit and vegetable concentrates
- NFC juices split into fruit and vegetable juices
- Pastes and purees divided by fruit and vegetable types
- Pieces and powders classified as dried fruit pieces, dried vegetable pieces, fruit powders, and vegetable powders

These detailed segments provide insight into the diverse product offerings and applications driving the fruit and vegetable ingredients market forward.

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This release was published on openPR.