The Fruit & Vegetable Ingredient Market is valued at US$ 233.8 Billion in 2022 and is projected to grow at a CAGR of 5.2% during the forecast period, to reach a value of USD 388.5 Billion by 2032. Newly released data from Future Market Insights market analysis shows that global Fruit & Vegetable Ingredient demand is projected to grow year-on-year (Y-o-Y) growth of 3.4% in 2022.

Demand for Fruit & Vegetable Ingredient Market is soaring due to their health benefits like preventing diseases such as cancer and cardiovascular issues. Rich in essential vitamins and minerals, they’re crucial for overall health, driving a global surge in the market for these ingredients.

Fruit & Vegetable Ingredient Market are organic food products essential for enhancing human health. Many health benefits are attributed to the consumption of fruits and vegetables. Some of them include; prevention of cardiovascular diseases and cancers. Fruits and Vegetables are a good source of many vitamins and minerals that are essential for growth and development.

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They assist in lowering the risk of a number of illnesses, including cancer prevention. Plant-based ingredients, such as those found in fruits and vegetables, offer significant protection against cancer. As a result of these health advantages, there is a growing demand for fruits and vegetables worldwide. Over the course of the projection period, there will be a rise in the market for fruits and vegetable ingredients.

Fruit and Vegetable Ingredient Market Driven by Consumers’ Spending on Healthy Food Products

The rise in awareness regarding health benefits associated with the consumption of fruits and vegetables fuel the growth of the market globally. The present-day consumers are conscious about the quality of food they consume, which is why there is a shift from fresh fruits and vegetable consumption to the consumption of fruits and vegetable ingredients. Consumers are aware of the importance of organic products so they are making a dive into the consumption of fruits and vegetable. And this factor will facilitate the rise in demand for vegetable and fruits globally.

Demand for confectionery and bakery products in developed regions like the EU and North America, coupled with the robust growth of the processed food and beverage industry are prominent key factors pushing the fruits and vegetable ingredients market globally. Aside from this, the rise in the disposable income of individuals in developing nations like India and China is expected to foster the growth of the market in the future

Fruit and Vegetable Ingredient Market: Region-wise Analysis

In 2014, Europe was the largest market for the fruit and vegetable ingredients market, with the UK and France acting as drivers in the region. There is a high demand for exotic fruits and vegetables within the UK. The European Union has the highest importation for mango puree, with the UK and France accounting for about 80% and 25% of importation respectively. Growing demand for organic products is a factor accelerating the growth of the fruit and vegetable ingredient market in the EU. Confectionery products consumption is on the rise in the European Union and this will foster the growth of fruit and vegetable ingredients market within the region.

The Asia Pacific and other emerging countries are projected to record significant growth over the forecast period owing to the rise in demand for confectionery and dairy products within the regions. Rising disposable income and the change in consumer lifestyle within China, India and Japan are fuels driving the market within the Asia Pacific.

Fruit and Vegetable Ingredients Market Restraint

The global fruit and vegetable ingredients market is not without its restraint. The market is projected to witness a decline in growth owing to the rising instance of unfair trade practices globally. Furthermore, the use of organic chemicals like ethylene to hasten the growth of fruits and vegetables is a strong force that is expected to hamper the growth of the market since consumers are conscious about the quality of their food.

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Fruit and Vegetable Ingredients Market: Competitive Landscape

• Archer Daniels Midland (U.S.)
• Agrana Group (Austria)
• Dohler Group
• Kerry (Ireland)
• SunOpta (Canada)
• SVZ International (The Netherlands).

These companies are focusing on innovations and partnerships to extend their business to regions where they don’t have a foothold.

Other key players in the global fruit and vegetable ingredients industry include Olam International, SensoryEffects Ingredient Solutions, and Sensient Technologies

Region-wise Analysis

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
• East Asia (China, Japan, South Korea)
• South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
• Oceania (Australia, New Zealand)
• Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)

Report Highlights

The research report presents a comprehensive assessment of market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. Research report provides analysis and information by categories such as market segments, geographies, types, technology and applications.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies

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Global Fruit and Vegetable Ingredients Market Segment Analysis

The global fruit and vegetable ingredients market can be segmented on the following basis:

Product Type

• Concentrates
• Pastes and Purees
• Pieces and Powders
• NFC Juices

Ingredient Type

• Fruit
• Vegetable

Application

• Beverages
• Confectionery Products
• Bakery Products
• Soups and Sauces
• Dairy Products
• RTE Products

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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