The fruit pomace market is predicted to reach a valuation of USD 3.5 billion in 2023 and is estimated to rise to USD 5.0 billion by 2033. The market is expected to record a CAGR of 3.5% during the forecast period.
The driving factors in the market are as follows
Pomace Fruit Suppliers Boost the Market Size
By creating culinary products from fruit pomace, market participants are growing their businesses on the international market. According to the study, grape pomace is the main source of large-scale fuel for biofuel plants.
Since these pomace fruit drinks are pure and organic, people strongly wish to include them daily. Although growing adoption of these drinks and increasing distribution channels and fruit pomace suppliers create several market opportunities.
| Attributes | Details |
|---|---|
| Market CAGR (2023 to 2033) | 3.5% |
| Market Valuation (2023) | USD 3.5 billion |
| Market Valuation (2033) | USD 5.0 billion |
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According to Future Market Insights, the global fruit pomace market registered a significant CAGR of 3.5% during the forecast period. Historically, the market registered a CAGR of 3.9% between 2018 and 2022.
The food & beverage manufacturers are increasing the demand for fruit pomace to grow awareness regarding its benefits. The rising affordability and organic components have recently captured immense market expansion.
Several growing diseases, health-related issues, and unhealthy lifestyles increased the adoption of pomace fruit in recent years. Nowadays, people choose fruit pomace as they are rich in nutrients to avoid diseases and live a healthy life.
The market is estimated to reach USD 5.0 billion during the forecast period. Historically, the market stood at USD 3.4 billion from 2018 to 2022.
Based on the end-use industry, animal feed leads the global market by capturing a significant share during the forecast period. Adopting pomace fruit containing fibers, soluble sugar, and pectin is driving the market growth. Fruit pomace is the best alternative to other feed additives such as water supplements and preservatives.
Due to end customers' strong preference, the indirect channel leads the global market in terms of distribution. The indirect channel is fueled by the exponentially growing sales volume compared to the direct channel. Growing sales of fruit smoothies and juices are fueling industry expansion through indirect channels.
The rising digital presence, advertising on social media, and adopting marketing strategies such as e-mail and affiliate marketing are surging the market growth. A few indirect channels include grocery stores, supermarkets, online retailers, and convenience stores.
Based on the source, the grape is one of the sources that greatly influence the market by securing an expected CAGR of 4.2% by 2033. The increasing demand for grape pomace in the beverage sector fuels the market size. Grape pomace beverages improve blood pressure and postprandial insulin and increase antioxidants, advancing the market expansion.
The grape pomace extract, wine, and beer improve metabolic syndrome and beneficiary for healthy nutrition. The adoption of grape seed oil by various beverage industries reduces environmental contamination. In the historical period, the grape segment secured a CAGR of 4.6% between 2018 and 2022.
Based on nature, the conventional segment is dominating the global market by capturing an expected CAGR of 3.4% during the forecast period. The increasing demand for conventional fruit pomace among consumers fuels the market size. The growing trends and healthy dietary meals are lifting market opportunities. As a result, the conventional segment captured a CAGR of 3.8% in the historical period between 2018 and 2022.
| Country | United States |
|---|---|
| Forecast CAGR | 4.3% |
| Historic CAGR | 3.8% |
| Valuation 2033 | USD 524 million |
| Country | Poland |
|---|---|
| Forecast CAGR | 3.3% |
| Historic CAGR | 3.9% |
| Valuation 2033 | USD 352.4 million |
| Country | Brazil |
|---|---|
| Forecast CAGR | 3.1% |
| Historic CAGR | 3.9% |
| Valuation 2033 | USD 325.6 million |
| Country | Canada |
|---|---|
| Forecast CAGR | 4.9% |
| Historic CAGR | 5.3% |
| Valuation 2033 | USD 373 million |
| Country | Russia |
|---|---|
| Forecast CAGR | 3.1% |
| Historic CAGR | 2.8% |
| Valuation 2033 | USD 238.3 million |
The United States is significantly growing the global market and is expected to record a CAGR of 4.3% with a valuation of USD 524 million by 2033. The rapidly growing low-fat, natural, and dietary supplements food items fuel the United States fruit pomace market growth. To maintain a proper diet for a healthy lifestyle, the nutritionist increases the adoption of fruit pomace.
The producers provide a variety of baked goods and supplements that meet consumers' diet plans as a result of improving adequate nutrients and fats, expanding the market in the nation. As a result, in the historical period, the United States secured a CAGR of 3.8% between 2018 and 2022.
Canada is another nation in North America that is expected to record a CAGR of 4.9% with an anticipated valuation of USD 373 million during the forecast period. Canada is increasing in the global market due to its significant growth rate. Increasing urbanization, consumer preference, and healthy food trends are advancing the expansion of the fruit pomace market in Canada. Historically, the market in Canada captured a CAGR of 5.3% between 2018 and 2022.
Poland is a significantly growing market and is expected to record a CAGR of 3.3% with an anticipated valuation of USD 352.4 million by 2033. The growing prevalence of diseases and the several patients increasing the consumption of fruit pomace for a healthy diet are driving the market size.
The presence of prominent players, huge investments, and increasing disposable income and healthcare infrastructure propel the Poland fruit pomace market. Doctors and nutritionists provide supplements to improve the patient's condition by adding pomace fruit items to the diet plan. In the historical period, Poland captured a CAGR of 3.9% between 2018 and 2022.
Russia is another nation in Europe that is continuously surging market growth by securing an expected CAGR of 3.1% and is anticipated to reach a valuation of USD 238.3 million by 2033. The increasing animal feed activities and consumers' purchasing power bolstered market growth. The innovation of beverages by adding fruit pomace extract to add unique flavor and taste drives the fruit pomace market size in Russia. Historically, the market in Russia secured a CAGR of 2.8% between 2018 and 2022.
Top Start-ups Influencing the Market Through their Innovative Technologies
A few start-up companies are as follows
Lemon Concentrate is a top-class company that mainly serves the fruit concentrate sector. Lemon Concentrate is adding value to the market for its Quality and Food Safety. Systematic Food Hygiene and risk assessment of potential food safety hazards remain integral to their corporate practice. They adhere to a rigid production procedure to guarantee that the freshest, great-quality products are offered at the most competitive prices.
Lemon Concentrate ensures that all products they manufacture follow international standards. They also ensure that they earn specific certificates for sophisticated products that comply with the legislation and religious requirements. Regarding packaging, Lemon Concentrate applies a sophisticated and versatile packaging system. They offer tankers, bins, drums, and bags in boxes.
LaBudde Group has been serving the market for more than a century. Their core business is to handle by-products from food and beverage processing plants. The company's belief system has always revolved around being the market leader in turning waste and by-products into value-added consumer products.
The feed ingredients offered by LaBudde are of the best quality and are in tandem with the price. LaBudde is known for identifying marketplaces for goods that other players haven't yet thought of. The finest thing about the LaBudde group is that they do not add any preservatives to vegetable pomace to keep their quality. When the product is utilized in any pet food or treat formula, it is advantageous.
Citrosuco produces 100% natural juice and uses 100% natural orange. They aspire to be the global reference point in the food production market, achieving consistent growth. Currently, they employ close to 5500 employees and have five maritime terminals, which are in Santos (Brazil), Wilmington (United States), Gent (Belgium), Toyohashi (Japan), and Newcastle (Australia).
The market is very competitive with prominent players all around the globe. These essential players focus on providing better quality and healthy food & beverages with their innovative advanced technologies. They provide natural and organic food products to their consumers as per their requirements to improve their brand reputation. Therefore, the key players invest in research and development activities to provide extremely standardized fresh products to their consumers at their doorsteps.
Through online distribution and retail shops, the key players acquired massive revenue in the global market. The marketing strategies adopted by these players propel the market to another height. The marketing tactics include mergers, agreements, acquisitions, partnerships, collaborations, and product launches.
Recent Developments in the Global Fruit Pomace Market are
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD billion for Value |
| Key Countries Covered | United States, Canada, Germany, United Kingdom, France, Italy, Spain, Russia, China, Japan, South Korea, India, Thailand, Malaysia, Indonesia, Australia, New Zealand, GCC Countries, Türkiye, North Africa, and South Africa |
| Key Segments Covered | Nature, Source, Foam, End Use Application, Distribution Channel, Region |
| Key Companies Profiled | LaBudde Group, Inc.; Lemon Concentrate S.L.; Citrosuco S.A.; Sucocitrico Cutrale Ltd; Agrana Beteiligungs-AG; Marshall Ingredients, LLC; Polyphenolics Inc.; Louis Dreyfus Company B.V.; FruitSmart Inc.; Pacific Coast Fruit Products Ltd.; GreenField Sp. z o.o.; Appol sp. z o.o.; Whole Vine Products; Yantai North Andre Juice Co. Ltd. |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The net amount of fruit pomace consumed in the current year 2023 could be close to USD 3.5 billion.
The overall demand for fruit pomace is to rise at 3.5% CAGR through 2033.
The animal feed manufacturing industries use up more than 50% of the fruit pomace produced each year.
The sales of fruit pomace in Canada could advance at an impressive 4.9% CAGR through 2033.
The growing popularity of grapefruit pomace may drive its segment at 4.2% CAGR until 2033.
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Fruit Pomace Market
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