The global fruit and vegetable ingredients market size was valued at USD 219 billion in 2022 and it is projected to surpass around USD 341.72 billion by 2032 and recording compounded annual growth rate (CAGR) of about 4.60% during the forecast period 2023 to 2032.
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Fruit and vegetable ingredients are manufactured across the globe by the use of processes that help in preserving the raw materials. Open natural processes to which the raw materials are subjected to include fermentation, freezing sunshine etc. There is an extensive use of root and vegetable ingredients in the food industry as it helps in providing the expected texture to the end products. The flavoring of various types of food which comes in different colors and aromas are the outcome of the fruit and vegetables ingredient.
The use of the fruit and vegetable ingredients help in improving the appearance of the food and also improves the taste. These ingredients are extremely helpful in providing a nutritive value portal food that is consumed by the population across the globe. These ingredients help in improving the health conditions of the consumers. The fruit and vegetable ingredients or an extremely rich source of nutrition which is aiding the growth of the product across various nations. These fruit and vegetable ingredients are sometimes made without much processing to have a healthier option by having minimally processed food available in the market as there is a major shift in the consumer’s preference towards healthy food products.
Growth Factors
Fruit and vegetable ingredients are utilized in many food products like confectionery, bakery and dairy products. Fruit and vegetable ingredients are suitable for different food and beverage applications which help in enhancing the appeal of his food items. Fruit and vegetable ingredients are extensively used in the food and beverages industry and it is available in the form of puree, concentrates, small pieces and other forms. The demand for the fruit and vegetable ingredients market is growing as there's an increasing demand for the usage of natural ingredients in the food industry.
The fruits and vegetable ingredients market it's also driven by the increasing adoption of the plant based diets by many consumers across the globe letter looking for healthy options. The trend of being vegan is also giving a boost to the fruit and vegetables ingredient market. The plant based food manufacturers are currently seeing an increase in the demand for these ingredients due to many other reasons. Deer mount of nutrients associated with the fruits and vegetables are driving the market. As there is an increase in the inclination of consumers for a health conscious diet there is a greater demand for different fruit and vegetable ingredients. These health conscious consumers seek a healthy lifestyle by the consumption of the fruit and vegetable ingredients.
Another upgrade in the fruit and vegetables ingredients market is the manufacturing of organic products by many developed nations. The manufacturing of organic fruit and vegetables ingredient is able to cater to the need of the health conscious consumers which do not refrain from spending more as compared to the conventional food items owing to the nutritional benefits offered by such foods. More than being a fancy the fruit and vegetable ingredients or becoming an essential for the food industry as there is a wild usage of fruit and vegetable ingredients. This market helps in providing great opportunities in the nutraceutical industry. Major market players of the fruit and vegetable ingredients market I'm seeing a great demand for this product as there is an extensive adoption of this product in the food and beverages industry as it helps in providing many health benefits and better taste to the consumers.
Report Scope of the Fruit and Vegetable Ingredients Market
| Report Coverage | Details |
| Market Size by 2032 | USD 341.72 Billion |
| Growth Rate from 2023 to 2032 |
CAGR of 4.60% |
| Largest Market | North America |
| Fastest Growing Region | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Type, Form, Application, Nature, Geography |
| Companies Mentioned | AGRANA Beteiligungs-AG( Austria), ADM(U.S), Tate & Lyle(U.K), Balchem ingredient solutions (U.S), Cargill(U.S), Kerry Group(Ireland), Sensient Technologies Corporation(U.S), Symrise(Germany), Olam International(Singapore), Ingredion(U.S), Döhler(Germany)), SunOpta Inc.(Canada) |
Type Insights
There are two types of ingredients which are either fruit ingredients or vegetable ingredients. The fruit ingredient segment has had the largest market share in the recent years. The segment is expected to grow well during the forecast period. The nutrition's provided by the fruit ingredients like minerals and fiber, vitamins, other nutrition are the driving factors for the growth of this segment.
Fruit ingredients are cost effective and this happens to be another reason for the growth of this segment. There are many different types of fruit ingredients which are used in the production of fruit juice, energy drinks and other beverages. Apple, mango, banana, Kiwi, strawberries and pineapple are some other type of fruit ingredients which are used in the beverages industry.
Form Insights
On the basis of the form, the fruit and vegetable ingredients market is segmented into Pastes, purees, concentrates, powders and pieces. Out of all the forms of the fruit and vegetable ingredients the concentrate segment will have the largest market share due to the growing demand of concentrates in the fruit juice and beverages industry. The largest market for the consumption of concentrates is Europe and it has about 40% of the global sales.
Application Insights
The beverages industry holds the largest market share of fruit and vegetable ingredients. After the growing demand for beverages and an increase in the disposable income of the consumers the market is expected to grow well truth villages segment. The changing lifestyles of candy more it's also one of the reasons which has helped in the increased consumption of beverages. Fruit ingredients as largely used in soft drinks, fruit juices, other energy drains. There's a growing demand for energy drinks as it helps in serving the need for the consumers that seek health benefits.
Regional Insights
The North American market has dominated the fruit and vegetable ingredients market on the basis of the region in the recent years. This region has grown with the highest compounded annual growth rate in the recent years and it is expected to keep its dominant position during the forecast period. The lifestyle of the people in the North American region, high amount of disposable income, or shift to organic products are some of the reasons that are driving the growth of the fruit and vegetable ingredients market in this region. The increasing demand for the usage of fruit and vegetable ingredients in the food and beverages industry is creating a greater demand for concentrates, powder and pieces, pastes and different types of purees. Increase in the demand for plant based foods due to growing awareness among the consumers and the adoption of the trend of being vegan is driving the market growth in this region. The outbreak of COVID-19 has created a fear amongst the consumers and has led to a major shift towards nutritious and healthy options to boost the immunity which helps in combating the virus. There's an increased focus on the overall Wellness by the consumers which could be achieved by the consumption of these fruit and vegetable ingredients which have many nutritional benefits.
The European region is also expected to see a major growth during the forecast period. Increase in the demand for plant based food products in the food and beverages industries across many countries in the European region is driving the growth of the fruit and vegetables ingredients market in this region. Many types of fruit ingredients of various fruits like apples, beaches, bananas and orange etc tires are used widely as these happen to be the favorites in this region.
The Asia Pacific region is also expected to see a good growth during the forecast. As the consumers are seeking healthy and natural foods which will help in providing better immunity. The availability of organic fruit and in vegetables ingredient in the market electrical current is also seeing a good demand in the Asia Pacific region. There is an increase in the awareness regarding the benefits of consumption of these fruit and vegetable ingredients in the Asia Pacific region. The awareness regarding the nutritive value of these food items is driving the growth of the market in this region. Apart from the growing consumer awareness the increase in the disposable income and improved lifestyle in many nations like India, China, Japan and South Korea is driving the growth of the fruit and vegetable ingredients market in this region. The rapid urbanization and then increase in the adoption of packaged temporary to eat foods like the bakery products and juices are also helping in the growth of this product in the developing nations. Various seasonal fruits are made available do the processes that help in storing the fruit and vegetable ingredients for the future. And this also helps in the growth of the market. The size of the does an increase in the consumption of beverages in the countries like India and China. Increased consumption of dairy products in this region and the increase in the consumption of ready to eat food products is also driving the market growth. But what is the the availability of low cost labor the High Road in distance for and low cost of the fruit and vegetable ingredients in this region is also expected to helping the growth of the market and this region is expected to witness the highest growth during the forecast period as is an increase in the investment from any major market players in this region.
Recent Development
Key market players
Segments covered in the report
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By Type
By Form
By Application
By Nature
By Geography
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