Growing Health Consciousness Juicing the Growth of Fruit Concentrate Market to Almost USD 40 Billion by 2021 - Market Data Forecast

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14 Dec, 2016, 17:30 GMT

HYDERABAD, India, December 14, 2016 /PRNewswire/ --

According to the report "Fruit Concentrate Market", published by Market Data Forecast, the global market is projected to reach USD 38 Billion by 2021, at a CAGR of 5.5% from 2016 to 2021.

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Fruit concentrates are widely used in the beverage industry to make fruit juices and nectars. They are concentrated by removing water, due to which transportation, shipping, and warehousing becomes easier and less expensive. Concentrates are also used as natural sweeteners and to produce natural food colours. Manufacturers use fruit concentrates in variety of food items so that customers perceive their products as natural.

Fruit concentrates are a convenient and economical alternative to fresh fruits in different applications. Growing urbanization, increase in disposable income, demand for healthy and convenient food options and changing food consumption pattern are other growth drivers of the market. The market is projected to demonstrate continued growth in both, developed and developing regions.

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The Fruit Concentrate Market is segmented as follows.

By Fruit Type:

  • Orange
  • Apple
  • Pineapple
  • Banana
  • Others

By Application:

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

By Geography:

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. Minute maid is leading the orange juice market.

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Find below the scope of Global Fruit Concentrate Market report: 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter's five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market.

Check out these related reports in the Food & Beverages Domain: 

Frozen Fruits Market: 

http://www.marketdataforecast.com/market-reports/global-frozen-fruits-market-1063/

Organic Beverages Market: 

http://www.marketdataforecast.com/market-reports/global-organic-beverage-market-1609/

Flavoured Syrups Market: 

http://www.marketdataforecast.com/market-reports/global-flavoured-syrups-market-886/

Food Grade Industrial Gases Market: 

http://www.marketdataforecast.com/market-reports/global-food-grade-industrial-gases-market-1566/

Food Safety Testing Market: 

http://www.marketdataforecast.com/market-reports/global-food-safety-testing-market-757/

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