Market Hit its US$ 3 Bn Mark in 2019
As the future of food industry is expected to be a quest for ‘healthier’ aspect and plant-forward, fruit & vegetable ingredients have been garnering significant attention in recent years. Manufacturers are increasingly indentifying and leveraging white spaces in application of fruit products including fruit pectin, fruit seed waste, and fruit pomace. The fruit pomace market, in particular, surpassed a valuation worth US$ 3 Bn in 2019. However, the market revenue in 2020 is expected to face a slight slowdown, due to ripple effects of the rampant spread of COVID-19.
Key Highlights
Fruit Pomace Market – Key Research Findings
- The fruit pomace market was valued over US$ 3 Bn in 2019.
- Growth prospects of the market, however, will be threatened by the domino effect of COVID-19 in 2020.
- Animal feed remains a key application area, while growing usage in dietary supplements is likely to result in increased market share.
- Manufacturers are focusing in identifying white space in application of fruit pomace, ranging from dairy products to beverage processing.
- The emergence of fruit pomace as plentiful and valuable sources of dietary fiber and bioactive compounds is offering tailwinds to the market growth.
- Grapes, used in large quantities for wine production, remain highly preferred source.
- Europe and North America are set to account for larger share of the global market value.
Key Factors Shaping Fruit Pomace Market
Increased Demand for Cost Effective, Nutritious F&B Ingredients
With a rise in demand for health and wellness food products, manufacturers are increasingly seeking for ingredients with strong nutritional profile, which are easily available. Fruit pomace is largely obtained from fruit and vegetable processing and remains in demand for its enhanced nutritional content as well as benefits in agronomic activities. Moreover, significant consumer inclination towards plant-based products is expected to weigh on same scale as growing demand for fruit pomace.
Widening Scope of Application
Fruit pomace is widely used in animal feed, as it is palatable and readily digestible containing high amount of soluble sugars, fibers, and pectin. High nutritional value of fruit pomace is making it a feasible alternative to synthetic feed additives, preservatives, and water supplements. As fruit pomace has been heralded as the reliable and cheap source of dietary fibers, antioxidants, pectin and other nutrients, manufacturers are tapping into new application areas such as healthy snacks, nutraceuticals, and food colorants.
COVID-19 Related Production and Supply Chain Disruptions
The impacts of COVID-19 in the food processing industry in general and fruit pomace market in particular are fast-moving. This market is a connected web of agricultural inputs, fruit procedures, packers, and processors, wine production, transportation, shipping, and more. The domino effect of movement restrictions, factory closures, and logistical delays triggered by the global pandemic is showing fragility in access to fruit pomace, which in turn may impact the revenue growth in 2020.
Fruit Pomace Market Structure Analysis
- The fruit pomace market is operated by a handful of global and regional players.
- An embrace of R&D has been underway among these players to reduce extra cost incurred in processing and impact on the environment.
- Strategic collaboration and regional expansion remain keys to gaining distinct competitive edge.
- Diversification of product portfolio, innovation, new launches, and capitalization on omni-channels will also remain key focus areas.
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Report Metric |
Details |
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Base year considered |
2019 |
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Actual estimates/ Historical data |
2014-2018 |
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Forecast period |
2019-2027 |
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Segments covered |
Source, form, nature, end use |
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Regions covered |
North America, Latin America, Western Europe, Eastern Europe, APAC, MENA |
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Key Players |
Lemon Concentrate S.L., LaBudde Group, Inc., Citrosuco S.A., Sucocitrico Cutrale Ltd, Agrana Beteiligungs-AG, Marshall Ingredients, LLC, Louis Dreyfus Company B.V., Polyphenolics Inc., FruitSmart Inc., Pacific Coast Fruit Products Ltd., GreenField Sp. z o.o., Appol sp. z o.o., Whole Vine Products, and Yantai North Andre Juice Co. Ltd. |
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Growth Drivers |
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Animal Feed Mainstays for Fruit Pomace, Dietary Supplements Close in
Fruit pomace, particularly processed from citrus and berries, is traditionally used as an ingredient in animal feed. These pomaces are rich sources of bioactive compounds, making them a feasible alternative as natural preservatives, feed additives as well as water supplements. While adoption as animal feed continues to generate a large share of the market revenue, the immune-boosting and detoxifying role of fruit pomace are creating new avenues of application in dietary supplements. Moreover, consumer inclination towards wellness products during the pandemic is likely to lead to realignment of manufacturers’ sales strategies.
Fruit Pomace Market – Regional Analysis
Europe and North America continue to maintain their lead in the global fruit pomace market, given the concentration of major wineries, where the pomace is produce in large quantities, in these regions. High popularity of organic food consumption and subsequent increase in demand for organic fruit powder are expected to influence the growth prospects of these regional markets. China and India’s dominant role in the world’s fruit production continues to offer greater opportunities for the market players. However, COVID-19 related disruptions, especially in China’s supply chain, may prevent stakeholders from market consolidation in these countries.
Manufacturers Prioritize to Combat COVID-19 Challenges
The recent outbreak of coronavirus has greatly affected a myriad of industries and consumer’s purchasing behavior, and the fruit pomace market is no exception. The panic buying and stockpiling of shelf-stable and processed foods including dietary supplements, fruit snacks, and frozen fruit bars has positively impacted the market growth. However, movement restrictions, logistical delays, and factory closures are impeding manufacturers from selling their products to regular end users or markets. In addition, halts and delays in transporting fresh fruit produce are bringing up storage concerns which may negatively impact the market growth in the near term.
Grapes remain highly preferred source
Adoption of berries to pick pace
Liquid/paste remain the bestselling category
Demand for pellets increases significantly
High application in animal feed
Use in dietary supplement to rise considerably
How Growth will Unfold
Most of the nutrients present in a fruit are located in the pomace discarded during the production of juices and wines. In wine making, only 30% of phenolics are extracted from grape, with the majority remaining in the skin as pomace. Greater awareness of grape pomace as plentiful and rich sources of phenolics is influencing its scope of application in nutraceuticals and food colorants. While grape as source of fruit pomace contributes a major share to the market revenue, manufacturers are targeted towards capitalizing on berries, citrus, and apple.
* This data is only a representation. Actual data may vary and will be available in report.
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Overview
Fruit Pomace Market: Forecast, Trend, Analysis & Competition Track - Global Review 2018 to 2027
The report on the global fruit pomace market is intended to offer global industry assessment for 2012-2018 and 2019-2027. In this study, Future Market Insights (FMI) covers some of the chief factors that are likely to impact the demand and supply of fruit pomace over the next couple of years. It includes detailed review of growth drivers, challenges, opportunities, and prevailing trends in the market. It therefore covers crucial information intended to help readers get a comprehensive overview of the fruit pomace market.
Fruit Pomace Market Taxonomy
The report segments the global fruit pomace market in detail to present an executive-level blueprint to the reader
Source
- Apple
- Citrus
- Banana
- Berries
- Grape
- Mango
- Others
Form
- Powder
- Pellets
- Liquid/ Paste
Nature
- Organic
- Conventional
End use
- Dairy Product
- Beverage Processing
- Food Processing
- Edible Oils and Fat
- Animal Feed
- Biofuel Production
- Cosmetic & Personal Care
- Pectin Production
- Dietary Supplements
Region
- North America
- Latin America
- Western Europe
- Eastern Europe
- APAC
- MEA
What's Included
The executive summary of the report covers country analysis, proprietary wheel of fortune, demand-side and supply-side trends, and opportunity assessment. Also, it offers recommendations to help companies establish a foothold in the global fruit pomace market.
Readers can find a detailed segmentation of the overall fruit pomace market share in this chapter. This section also highlights inclusions and exclusions to help readers understand the scope of the report.
Readers can find valuable information on the key segments within the market, besides relevant definitions in this chapter. Associated industry assessment is also carried out to study the fruit pomace market trends, prevailing dynamics, trade analysis, and supply and value chain. Consumers’ perception on fruit pomace is explained in consumer survey analysis and social media sentiment analysis included in this chapter.
This chapter studies the growth trajectory exhibited by the fruit pomace market across various segments. In terms of form, the market is bifurcated into blanched and natural. On the basis of source, the report covers apple, citrus, banana, berries, grape, mango, and others. In terms of end use the market is segmented into dairy product, beverage processing, food processing, edible oils and fats, animal feed, biofuel production, cosmetics and personal care, pectin production, dietary supplements, and others. Based on form, the market is classified into powder, pellets, liquid/ paste. In terms of nature, the market is bifurcated between organic and natural. On the basis of region, the report covers North America, Latin America, Western Europe, Eastern Europe, APAC, and the Middle East and Africa.
This chapter includes a detailed analysis of the growth exhibited by the market in North America. It also offers country-wise assessment of the market that covers growth exhibited in the U.S. and Canada. Readers can also find information on prevalent trends and regulations in the North America market for fruit pomace.
Readers can find detailed information on prevailing trends that are impacting the growth of the Latin America fruit pomace market. Besides this, the chapter includes results of pricing analysis. It also examines the growth prospects of the fruit pomace market in LATAM countries such as Brazil, Mexico, Argentina, and the Rest of Latin America.
The chapter discusses various factors driving the market across Germany, France, Italy, Russia, the U.K., and the Rest of Europe.
This chapter includes a detailed analysis of the growth of the market in Asia Pacific, along with a country-wise assessment that covers China, India, Indonesia, Philippines, Australia & New Zealand, and the Rest of Asia Pacific. Readers can also find regional trends and regulations, affecting growth in countries across Asia Pacific.
This chapter provides information about how the market is anticipated to grow in major countries in the MEA region such as GCC Countries, South Africa, Turkey, and the Rest of MEA, during the forecast period 2017 - 2026.
In this chapter, readers can find detailed tier analysis and information on concentration of key players in the fruit pomace market along with their presence analysis by region and product portfolio. Readers can also find a comprehensive list of all leading stakeholders in the market, along with detailed information about each company, which includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Lemon Concentrate S.L., LaBudde Group, Inc., Citrosuco S.A., Sucocitrico Cutrale Ltd, Agrana Beteiligungs-AG, Marshall Ingredients, LLC, Louis Dreyfus Company B.V., Polyphenolics Inc., FruitSmart Inc., Pacific Coast Fruit Products Ltd., GreenField Sp. z o.o., Appol sp. z o.o., Whole Vine Products, and Yantai North Andre Juice Co. Ltd.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the fruit pomace market report.
This chapter is intended to help readers understand the research methodology followed to reach conclusions and derive important qualitative and quantitative information, about the fruit pomace market.
How the research was conducted?
Primary Research
- C - Level Executives
- Marketing Directors
- Sales Heads
- Production Managers
- Distributors Heads
- Sales Executives
- Product Manufacturers
- Distributors
- Traders
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity Of Assumptions
Secondary Research
- Industry Publications
- Industrial Week
- Industrial Product Review
- Industrial Magazine
- Industry Associations
- Dieticians Association
- Food and Agriculture Organization
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits
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