Processed Superfruits Market Overview
According to a recent survey conducted by ChemView Consulting, the Global Processed Superfruits Market grew at a CAGR of 5.7% between 2017-2021 and is estimated to be US$ 27,654.1Mn in 2022. Currently, the market is anticipated to grow at a CAGR of 5.4% and is expected to reach a valuation of US$ 46,791.4Mn by 2032 end.
A growing number of health-conscious people have increased demand for various sorts of nutritional goods to preserve their health and enhance their intake of nutrient-rich foods. Due to this, demand for processed superfruits has increased globally.
Superfruits that have been processed offer additional nutritional advantages and act as antioxidants to help the body eliminate toxic chemicals. The demand for the sale of processed superfruits is also anticipated to grow significantly along with the food industry.
ChemView Consulting has analyzed that the increased demand for antioxidant-rich superfruits is anticipated to fuel expansion in the global market for processed superfruits. Market expansion will be supported by consumer preference for natural food goods, including frozen fruits, and increased demand for ready-to-eat (RTE) foods and ready-to-drink (RTP) beverages. The importance of natural foods as food color and taste, in addition to applications for various dietary and functional uses, adds to the growth of the global processed superfruits industry.
Apple has a long history of dominating the market for processed fruit. Apple has continued to use processed super fruits while other businesses have switched to using fresh fruits in their products. This is due to several factors.
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Segments Covered in Report
By Fruit Type:
- Apple
- Grape
- Acai
- Pomegranate
- Blueberry
- Cranberry
- Raspberry
By Food Sub-Segment:
- Functional Food
- Dairy Products
- Bakery and Confectionery
- Other Food Products
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Key Takeaways from the Processed Superfruits Market
- Based on the fruit type, Apple has a long history of dominating the market for processed fruit. Apple has continued to use processed super fruits while other businesses have switched to using fresh fruits in their products. This is due to several factors.
- Based on the region, with a market share of 41.6%, Asia Pacific is anticipated to dominate due to rising demand for processed superfruits. Due to the huge increase in demand for personal care products, China and India are projected to dominate the global market for processed superfruits.
Competition Summary
Key companies covered in the market study are ymrise AG, SunOpta Inc., Kerry Group plc, Agrana Beteiligungs-AG, Del Monte Pacific Limited, Ocean Spray Cranberry Inc., PepsiCo Inc., Dabur India Ltd., Uren Food Group Limited, Frutarom Industries Ltd.
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Report Key Highlights and Coverage
- Our comprehensive, data-backed, and facts-oriented report provides niche and cross-sectional analysis at global and country levels.
- Assessment of the historical (actual data) and current market size (2017-2021), market projections (2022-2032), and CAGR.
- The market assessment across North America, Europe, East Asia, South Asia & Pacific, Latin America, Middle East, and Africa.
- Competitive tactical intelligence, key strategies adopted by top players, production capacity and company shares analysis, product brand surveys, and export-import analysis
- Pricing analysis to set and benchmark your current or future offerings across each product type helps you understand whether your pricing strategy is aligned with market expectations and can be compared to market disruptions.
- Predictions on critical supply and demand trends and technological expertise needed to address operations scalability.
- Consumer behavior shifts and their implications for players, list of end-users, and their consumption analysis.
- Key drivers, restraints, opportunities, and emerging trends impact market growth.
- Value chain analysis (list of manufacturers, distributors, end-users, and average profitability margins).
- Strategic market analysis, recommendations, and future headways on crucial winning strategies.
About ChemView Consulting
ChemView Consulting is a leading information, market intelligence, and business consulting firm serving clients worldwide in Chemical & Materials, Food & Beverage, Oil & Gas, Clean Energy & Power, and Packaging domains. In their business transformation journey, we have collaborated with global enterprises, including 70% of the largest Forbes 1000 enterprises, helping them deliver on their business ambitions. ChemView Consulting serves clients in approximately 100 countries, with its office in New York, U.S., and Pune, India.
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