Market Overview:
Fruit powder is extracted from raw fruits. Fruits are either spray dried or freeze dried to obtain free flowing powder. The water content in the fruits are removed and the fruit is converted into powder form which gives a longer shelf life to the product. The nutritional value of the fruits such as antioxidant, minerals and vitamins are present in its powder form, which is gaining fruit powder popularity among various industries. The use of fruit powders is applicable in various industries including bakery and confectionery, dairy and frozen desserts, beverages, food supplements, and others.
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Market Forecast:
Fruit powder is a natural source of high nutritional product, a convenient and economical substitute to fresh fruits, which is driving the growth of the market. Moreover, side effects caused by artificial flavors has opened doors for fruit powders, being a natural source of adding flavor to food and beverages. Increasing health issues among the population and their inclination towards functional foods is further boosting the growth of the Fruit Powders Market Size.
Growing awareness among the population for the health benefits associated with fruit powders is propelling the growth of the market. Growing application of fruit powders in cosmetic industry is bringing surge to the fruit powder market growth. However, consumers allergic to certain fruits may hamper the growth of this market. Nevertheless, all these factors are projected to contribute to the estimated CAGR of 7.2% of Fruit Powders Market Size during the forecast period, 2017-2023.
Downstream Analysis:
Based on the type, fruit powders is segmented into banana, grapes, blueberry, apple, strawberry, mango, and others. Among all, the grapes segment is projected to be the fastest growing segment followed by the banana segment in food and beverages. However, the apple and strawberry segments are gaining popularity in cosmetic industry.
Based on the application, the Fruit Powders Market Size is segmented into bakery and confectionery, dairy and frozen desserts, beverages, food supplements, and others. Among all, the beverages segment is dominating the market owing to high application of fruit powders in smoothies, fruit drinks, energy drinks and carbonated drinks. However, the dairy and frozen dessert segment is expected to grow substantially over the forecasted period followed by the food supplements segment.
Competitive Analysis:
The major players in the Fruit Powders Market Size,
- Nutradry (Australia)
- DMH Ingredients (U.S.)
- Kanegrade (U.K)
- Paradise Fruits (Germany)
- Aarkay Food Products (India)
- FutureCeuticals (U.S.)
- NutriBotanica (Brazil)
Regional Analysis:
The global Fruit Powders Market Size is segmented into North America, Europe, Asia Pacific and rest of the world (RoW). Europe is leading the Fruit Powders Market Size followed by Asia Pacific. High inclination towards consumption of food supplements among the U.S. population is driving the growth of fruit powders in North America. Europe, the U.K, Germany and France are the major contributors of Fruit Powders Market Size.
Asia Pacific is expected to be the fastest growing region over the forecast period. India, China and Australia are the major contributors in this region due to growing health awareness and increasing consumption of healthy foods. Brazil is anticipated to grow at a moderate rate in consumption of fruit powders over the forecast period.
Market Segmentation:
Fruit Powders Market Size is segmented on the basis of Type, Application and Region.
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Fruits are either spray dried or freeze dried to obtain free flowing powder.
The nutritional value of the fruits such as antioxidant, minerals and vitamins are present in its powder form, which is gaining fruit powder popularity among various industries.
The use of fruit powders is applicable in various industries including bakery and confectionery, dairy and frozen desserts, beverages, food supplements, and others.
Market Forecast:Fruit powder is a natural source of high nutritional product, a convenient and economical substitute to fresh fruits, which is driving the growth of the market.
Moreover, side effects caused by artificial flavors has opened doors for fruit powders, being a natural source of adding flavor to food and beverages.
Increasing health issues among the population and their inclination towards functional foods is further boosting the growth of the fruit powders market size.Growing awareness among the population for the health benefits associated with fruit powders is propelling the growth of the market.
Fruits are either spray dried or freeze dried to obtain free flowing powder.
The nutritional value of the fruits such as antioxidant, minerals and vitamins are present in its powder form, which is gaining fruit powder popularity among various industries.
The use of fruit powders is applicable in various industries including bakery and confectionery, dairy and frozen desserts, beverages, food supplements, and others.
Access Report Details @ https://www.marketresearchfuture.com/reports/fruit-powders-market-5111Market Forecast:Fruit powder is a natural source of high nutritional product, a convenient and economical substitute to fresh fruits, which is driving the growth of the market.
Moreover, side effects caused by artificial flavors has opened doors for fruit powders, being a natural source of adding flavor to food and beverages.
Increasing health issues among the population and their inclination towards functional foods is further boosting the growth of the Fruit Powders Market Share.Growing awareness among the population for the health benefits associated with fruit powders is propelling the growth of the market.
Market forecast:Global Dried Fruits Market is estimated to be valued at USD 9,081.70 Million by 2026, registering a CAGR of 4.41% during the forecast period.
Growing health concerns and the shifting lifestyle of the consumers are the significant factors responsible for the growth of functional beverages, both in developed and developing economies.
Furthermore, dried fruits find application in various industries, including bakery and confectionery, dairy and frozen desserts, beverages, sweet and savory snacks, and breakfast cereals, with bakery and confectionery being the largest application industry.The Rest of the World was the largest market for dried fruits in 2019, and the region is expected to continue the dominate the global dried fruits market during the review period.
Furthermore, the dominance of some of the key industries, such as beverages, bakery, confectionery, and sweet and savory snacks, is further anticipated to proliferate the market growth of the Rest of the World during the review period.Key Players of Dried Fruits MarketMarket Research Future recognizes National Raisin Company (US), Kiantama Oy (Finland), Red River Foods Incorporated (US), Tarina Foods (US), Sunbeam Foods Pty Ltd (Australia), Dole Food Company Inc (US), Sun-Maid Growers of California (US), Lion Raisins Inc (US), Paradise Fruits (Germany), and Bergin Fruit and Nut Company Inc. (US) as the Key Players in the Global Dried Fruits Market.The global dried fruits market is expected to register a notable growth rate during the forecast period.
Furthermore, the growing application of dried fruits in various industries is supporting the growth of the global dried fruits market.
However, the organic segment is projected to be the fastest-growing segment during the forecast period.Based on application, the market has been segmented into bakery and confectionery, dairy and frozen desserts, breakfast cereals, beverages, sweet and savory snacks, and others.
Market HighlightsGlobal Dried Fruits Market is estimated to be valued at USD 9,081.70 Million by 2026, registering a CAGR of 4.41% during the forecast period.
Growing health concerns and shifting lifestyle of the consumers are the significant factors responsible for the growth of functional beverages, both in developed and developing economies.
Furthermore, dried fruits find application in various industries, including bakery and confectionery, dairy and frozen desserts, beverages, sweet and savory snacks, and breakfast cereals, with bakery and confectionery being the largest application industry.The Rest of the World was the largest market for dried fruits in 2019, and the region is expected to continue the dominate the global dried fruits market during the review period.
Increasing demand for clean label products is creating profitable opportunities for the manufacturers.
However, agro-climatic conditions are expected to hinder the growth of the global dried fruits market.Key PlayersMarket Research Future recognizes National Raisin Company (US), Kiantama Oy (Finland), Red River Foods Incorporated (US), Traina Foods (US), Sunbeam Foods Pty Ltd (Australia), Dole Food Company Inc (US), Sun-Maid Growers of California (US), Lion Raisins Inc (US), Paradise Fruits (Germany), and Bergin Fruit and Nut Company Inc. (US) as the Key Players in the Global Dried Fruits Market.Segmental AnalysisGlobal Dried Fruits Market has been segmented on the basis of Type, Category, Application, and Region.By type, the market has been divided into apricots, figs, dates, raisins, berries, and others.
However, the organic segment is projected to be the fastest-growing segment during the forecast period.Based on application, the market has been segmented into bakery and confectionery, dairy and frozen desserts, breakfast cereals, beverages, sweet and savory snacks, and others.
