(Food-Beverage-News.Com, July 06, 2017 ) According to the report “Global Fruit Concentrate Market”, published by Market Data Forecast, the global market projected to reach USD 38 billion by 2021, at a CGSR of 5.5% from 2016 to 2021.
Fruit concentrates are usually frozen and concentrated forms of juice drink blends and fruit juices. They are concentrated by removing water making transportation, shipping, and warehousing cheap and easier. Juice concentrates are frozen and stored, increasing the amount of time it will stay fresh after purchasing.
Fruit concentrates generally substitute sugar in various food items such as juices, cakes, chocolates and others as natural sweeteners. They are minimally processed to preserve the natural color and flavor. Fruit concentrates are gaining attention in the market because of its convenience in use and a larger shelf life. It has become a staple product in many homes than fresh fruits juice due to its low price. The demand is also increased for infants and dairy foods.
The rise in demand for convenient, healthy, and packaged fruit supplements coupled with increasing awareness for the ill effects of alcoholic beverages and health consciousness is majorly driving the market. Apart from being healthy, the concentrates are high in sugar and calories which restricts its use by diabetes patients and obese people. In the modern lifestyle almost everyone is suffering from diabetes and obesity which limits the market growth.
The products are segmented based on Flavor, Flavor type, and Application and studied for a deep-level understanding of the Fruit Concentrate Market. Each sub segment is accompanied with Market Size Estimations and Y-o-Y Forecasts as well.
Based on Fruit Type:
Orange
Apple
Pineapple
Banana
Other Fruits
Based on Application:
Dairy Products
Juices
Squash
Soft Drinks
Frozen Products
Baby Food
Geographically the market is segregated into North America, Europe, Asia-Pacific, Latin America, Middle-east and Africa. Asia Pacific was the largest market for fruit concentrates in 2015 followed by North America and Europe. India is dominating the mango concentrate market with highest exports. China dominates globally in the apple concentrates market while Poland accounts for more than 50% share in the European region. Brazil, Spain, and US are the major producers of orange juice.
The key players in Global Fruit Concentrate Market are Kerry Group Plc., Coca Cola’s minute maid, Capricon, AGRANA group, Dohler group, Acerola, Cherimoya, Oceanaa, Lychee and starfruit.
Minute maid is leading the orange juice market.
As a differentiating strategy to win over, Agrana is focusing on R&D investments and M&A activities. While Tree Top is dedicatedly coveting successful new product launches, Doehler is concentrating on production capacity expansion. On the other side, Britvic has a distinctive strategy for sales and product positioning.
The Fruit Concentrate Market study offers the following deliverables:
•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 Flavour, Flavour type, and Application 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 analysing 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
About Market Data Forecast:
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