(Food-Beverage-News.Com, October 04, 2017 ) The Asia Pacific Fruit and Vegetable Ingredients Market was worth USD 32.50 billion in 2016 and estimated to be growing at a CAGR of 6.7%, to reach USD 44.95 billion by 2021 Vegetables and organic products contain different minerals and vitamins which are useful for wellbeing. They include vitamin A, C and E, Zinc, phosphorus, magnesium and folic acid.
Fruit and Vegetables are fundamental components of a solid eating routine, and their considerable day by day utilization could help counteract ailments. Around 1.7 million deaths over the world have occurred because of low consumption of Fruit and vegetables.
The growth of the Asia-Pacific Fruit and Vegetable Ingredients Market is mainly driven by factors such as expanding utilization of confectionary, pastry kitchen and dairy items and the exponential development in the refreshment and processed Fruit industry. Increasing health consciousness of consumers and rising availability of disposable incomes in the Asia-Pacific region is a major driving factor. The seasonal variation of raw material availability is major restraint on the growth of the market.
The Asia-Pacific Fruit and Vegetable Ingredients market is segmented on the basis of category which includes Fruit and Vegetables, by the type of ingredients the Asia-Pacific Fruit and vegetable ingredients market is segregated into concentrates, pastes and purees, not from concentrates (NFC), and pieces and powders. On the basis of applications, the Asia-Pacific Fruit and vegetable ingredients industry can be segmented into confectionary products, beverages, and bakery products, ready to eat products, sauces and soups, dairy products, and others which include spreads, dips, toppings, dressings and puddings.
The Asia-Pacific region is geographically segmented into China, India, Japan, South Korea, and Australia. Asia-Pacific is predicted to grow with the highest CAGR during the forecast period. Factors such as growing white collar populace and rising awareness about the health impacts of Fruit and vegetable consumption are anticipated to lead the growth of the market in this region.
The leading strategy in the Asia-Pacific Market is to acquire and expand in the locales. The major players operating in the Asia-Pacific Fruit and vegetable ingredient industry include Archer Daniels Midland (U.S.), Agrana Group (Austria), Dohler Group (Germany), Kerry (Ireland), SunOpta (Canada), and SVZ International (The Netherlands). Apart from this, the other key players dominating the Fruit and vegetable ingredients industry include Olam International (Singapore), Diana S.A.S (France), SensoryEffects Ingredient Solutions (U.S.), and Sensient Technologies (U.S.).
Scope of the report: 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 technology, component, and type 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 Porters 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
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