Fruit Concentrate Market Growth, Trends and Forecast by 2031

The fruit concentrate market is expected to register a CAGR of 4% during 2023–2031. The increasing demand for natural food products is likely to remain a key trend in the market.

Fruit Concentrate Market Analysis:

• The majority of customers in industrialized nations have developed a sense of regularity due to the popularity of confectionery consumption, whether it is as a treat, with a meal, or as a meal substitute.
• The rise in consumption of confectionery products propels the market of fruit concentrate with its efficient properties as an additive and flavoring agent in the food processing industry.
• There has been a shift in the patterns of confectionery consumption the rising health consciousness regarding the effects of sugar intake combined with expensive research and development costs for low-sugar products made with natural or low-intensity sweeteners have had a detrimental effect on the dynamics of the fruit concentrate market and confectionery product market as a whole opening door of opportunity for product innovation where the manufacturer has the opportunity to cater the same sweet palatability of the product with a guilt-free option.

Fruit Concentrate Market Overview

• Fruit concentrates are derived from fruits by exposing them to high temperatures to get rid of the water portion from the fruit, leaving behind fruit pulp with all the goodness of the fruit as fruit concentrate to prepare fruit juices and sorbets.
• This process of removing the water portion from the fruit reduces the bulk of the concentrate, which makes it less expensive for storage, warehousing, shipping, and transportation.
• In the food and beverage industries, fruit concentrates are used as natural flavoring in different applications, and fruit juices are prepared with fruit concentrates by reconstituting them with water.

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Fruit Concentrate Market: Strategic Insights

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Fruit Concentrate Market Drivers and Opportunities

Increasing Awareness Regarding Health

• Heavy demand from the health and wellness segments is a key factor fueling the fruit concentrate market. In recent years, there has been an increased focus on health and wellness
• Consumers are now more aware of the harmful effects of refined sugars and artificial sweeteners and prefer natural and healthful alternatives to artificial beverages.
• Fruit concentrates come from the entire fruit; processing renders fruit in the form of juice or puree without any additives or chemicals and is quickly applied to food or beverages. As awareness mounts, consumers have shifted their preferences towards healthier products.
• The food industry, in turn, is ramping up its use of fruit ingredients in various applications, from functional beverages to bakery and confectionery.
• Consequently, manufacturers are increasingly developing innovative products that assure patrons of their natural origin and healthful nutrients.
• The primary reason for this shift is an increased emphasis on preventive healthcare, with consumers trying to source refined sugar alternatives. This trend is projected to continue as mass awareness increases.

Advantages of Fruit Concentrate

• Fruit concentrates offer many advantages for consumers and open avenues for innovation in the market.
• Stripping a food of its water contents, a big part of whole fruit, yields a more shelf-stable, condensed product than fresh fruit that is easier and less expensive to transport and requires less storage.
• Concentrates also streamline food manufacturing processes by allowing manufacturers to add the same concentrate to a variety of products.
• Fruit concentrates make seasonal fruits available year-round, enabling constant supply and stable pricing. They also offer the benefit of greater flavor intensity and the inherent nutritional density that comes from the fruit itself. This has obvious appeal to health-conscious consumers who want a convenient way to increase their daily fruit intake.
• Consumers and food manufacturers alike are putting more emphasis on natural ingredients that don’t require a laundry list of claims on product labels.
• Natural additives are pushing out artificial ones as a result. As the food and beverage industry shifts from its ultra-processed past to a clean-label future, fruit concentrates stand to gain favor because they are natural and versatile.

Fruit Concentrate Market Report Segmentation Analysis

The scope of the global fruit concentrate market is segmented on the basis of fruit type, product form, and application.

• Based on fruit type, the fruit concentrate market is segmented into tropical fruits, citrus fruits, red fruits and berries, and others.
• On the product form, the market is bifurcated into liquid and powder.
• Based on application, the market is categorized into beverage, bakery, confectionery, dairy, and others.

Fruit Concentrate Market Share Analysis by Geography

• Fruit Concentrate Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
• Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering fruit concentrate market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
• Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the fruit concentrate market in these regions.

Fruit Concentrate Market Regional Insights

The regional trends and factors influencing the Fruit Concentrate Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Fruit Concentrate Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Fruit Concentrate Market Report Scope

Fruit Concentrate Market Players Density: Understanding Its Impact on Business Dynamics

The Fruit Concentrate Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Fruit Concentrate Market are:

1. Ingredion Inc
2. Kerry Inc
3. SunOpta
4. Archer Daniels Midland Co
5. Döhler GmbH
6. Manee Manao's

Disclaimer: The companies listed above are not ranked in any particular order.

Fruit Concentrate Market News and Recent Developments:

The fruit concentrate market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:

• Chiangmai Bioveggie, a Thai firm known for its vegetable tablet supplements and health teas, invested in Manee Manao's lime juice exports. The company has established stable networks in markets like Japan, Hong Kong, Australia, and New Caledonia and has also branched out to produce watermelon puree, Manee Tangmo, which is all-natural and free from sugar or additives. (Source: Manee Manao's, Newsletter, Jan 2024)
• Oregon Fruit Products LLC introduced its new limited line of Oregon Fruit Aseptic Concentrates, real fruit concentrates that are aseptically processed, clean label, and meet Oregon Fruit's rigorous quality standards. These concentrates meet the evolving industry's demand for innovation, inspiring new product formats and recipes. Offering a small portfolio to start, including mango, grapefruit, and lemon, Oregon Fruit Aseptic Concentrates are ideal for popular fruited ciders, the ready-to-drink category (RTDs), and beers. (Source: Oregon Fruit Products LLC, Newsletter, Sept 2023)

Fruit Concentrate Market Report Coverage and Deliverables

The “Fruit Concentrate Market Size and Forecast (2021 – 2031)” provides a detailed analysis of the market covering below areas:

• Fruit concentrate market size and forecast at global, regional and country levels for all the key market segments covered under the scope
• Fruit concentrate market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Fruit concentrate market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the fruit concentrate market
• Detailed company profiles