North America Fruit Concentrate Market to Reach USD 6.93 billion by 2021

The North American Fruit Concentrate Market which is USD 4.10 billion in 2016 is expected to grow at a CAGR of 5.13% to reach an estimated value of around USD 6.93 billion by 2021 in the forecast period of 2016-2021.

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Fruit concentrates are juices with stronger concentrations and are used to make fruit juices and drink blends. They are concentrated by removing water which makes it convenient for shipping and transportation. Fruit concentrates entered the North American market because of convenience in use and provide a larger shelf life. Due to its attractively low price, people are resorting to fruit concentrates.

In North America, with a rise in demand for healthy, convenient and packaged fruit supplements, there is also an increasing health consciousness and awareness for the ill effects of alcoholic beverages that is driving the consumers to shift to fruit concentrates. The fruit concentrates contain high amounts of additive sugars due to which the intake of fruit concentrates are avoided by obese and diabetic patients. Thus, the market growth is constrained with increasing number of obese and diabetes patients refraining from fruit concentrate consumption.

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The fruit concentrate market in North America is segmented based on fruit types like orange, apple, pineapple, banana etc. and also on the basis of application which includes dairy products, juices, squash, soft drinks, frozen products and baby food. Among the fruit application type, juice segment is leading the market in North America. North America, the largest market for processed fruit and vegetable products, is forecast to decline slightly due to the influence of consumer health consciousness. North America is expected to contribute to the highest in terms of market share in apple fruit concentrate market followed by Europe. North America market, based on the region is segmented into US and Canada.

Key players dominating the fruit concentrate market are Kerry Group Plc., AGRANA group, Dohler group, Coca Cola’s minute maid, Capricon, Oceanaa, Acerola, Cherimoya, Lychee and starfruit.

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Market Segmentation
By Fruit Type
• Orange
• Apple
• Pineapple
• Banana
• Other Fruits

Application
• Dairy Products
• Juices
• Squash
• Soft Drinks
• Frozen Products
• Baby Food

Geographical Analysis
• Introduction
• United States
• Canada

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