Fruit Concentrate Market is anticipated to grow at a moderate CAGR of 4.7% during the forecast period (2024-2031). The market for fruit concentrate is largely driven by the growing food and beverage sector. They are essential components of many different products, such as smoothies, ice creams, yoghurts, baked goods, nectars, baked goods, and more. They are used in food preparation for a variety of purposes, including natural sweetening, flavour enhancement, colour addition, and texture improvement. Compared to fresh fruits, concentrates are easier to handle, store, and transport, making them a handy choice for both producers and consumers.
Concentrates have a longer shelf life since the procedure of removing water content helps to preserve the product by preventing microbial growth. Owing to longer shelf life and lower chance of spoiling, it is a sensible option for producers, distributors, and customers. Therefore, in February 2023, Tropicana expands its product range with new flavours such as strawberry, banana, pineapple and pink guava crush to boost breakfast and rest of the day fruit juice offerings.
Furthermore, there is a shift in consumption trend towards refined fruit puree concentrates instead of natural fruit juices. This is primarily driven by the unavailability of certain seasonal fruits throughout the year. Fruit puree offers a concentrated form of fruit that can be used as a substitute for natural or fresh fruit juices throughout the year. For instance, in January 2023, Storia food & beverages company has launched sugarcane juices made with 100% Sugarcane. This drink is the new addition to Storia's lineup of beverages. Storia's ensure top-notch quality and has setup a new standard for the sugarcane juice industry.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Fruit Type
- By Product Form
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Ingredion Inc., Kerry Group plc, ADM, Döhler GmbH, Coca-Cola Company, Tree Top, and Welch Foods Inc. among others.
Fruit Concentrate Market Report Segment
By Fruit Type
- Citrus Fruits
- Red Fruits and Berries
- Tropical Fruits
- Others
By Product Form
- Liquid Concentrate
- Powder Concentrate
- Others
By Application
- Beverages
- Bakery
- Confectionery
- Dairy
- Others
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Fruit Concentrate Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Agrana Beteiligungs-AG
- Citrus World, Inc.
- Coca-Cola Company
- Diana Food
- Döhler GmbH
- FruitSmart, Inc.
- Kanegrade Ltd.
- PepsiCo. Ltd.
- Schwan's Company
- Sudzucker AG
- SunOpta Inc.
- SVZ International B.V.
- Symrise AG
- Tree Top Inc.
- Welch Foods Inc.
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