The fruit seed waste market is expected to record a CAGR of 4% during the forecast period, up from US$ 2.34 Bn in 2020 to reach a valuation of US$ 3.46 Bn by 2032.
Attributes | Details |
Fruit Seed Waste Market Value (2022) | US$ 2.34 Bn |
Fruit Seed Waste Market Projected Value (2032) | US$ 3.46 Bn |
Fruit Seed Waste Market CAGR (2022-2032) | 4% |
One of the primary factors driving the sales of fruit seed waste is the rising demand for organic products. Furthermore, the demand for fruit seed waste is increasing due to rising consumers' preference for organically grown food, awareness of the dangers of pesticides, and chemical fertilizers used in conventional agriculture practices.
Some manufacturers are also developing plant kinds that yield smaller seeds, resulting in reduced waste during the harvesting process, which is likely to drive demand for fruit seed waste throughout the projection period. Technological breakthroughs, such as advances in machine vision systems, have resulted in increased demand for fruit seed waste, accuracy, and efficiency levels among diverse farming organizations. When it comes to seeding crops with regular spacing needs, it results in lower labour expenses which then augments the sales of fruit seed waste.
Furthermore, operators may now use a single piece of equipment on all types of farms, eliminating the need to purchase separate equipment or invest in new resources for each type of farm. As a result, the sales of fruit seed waste is anticipated to rise drastically during the projected period.
The rise in health consciousness is anticipated to fuel the demand for fruit seed waste during the forecast period.
The demand for fruit seed waste is growing due to its various applications. For example, it gets utilized as an alternative method to heal many bodily systems from various diseases and disorders in Ayurveda, Unani, and Chinese medicines, particularly for digestive problems, diabetes, obesity, cancer, blood-related ailments, and others. This is anticipated to aid the growth of the global fruit seed waste market share.
Furthermore, thesales of fruit seed waste are growing as it gets increasingly utilized in cosmetic products, herbal beauty products, essential oil extraction, bio-fertilizers, animal feed, chicken feed, and bakery items such as biscuits, bread, rusk, and others.
Due to the increased consumer awareness about the health, the requirement of herbal products, the sales of fruit seed waste is rising as they have no side effects on consumers and are loaded with vitamins and minerals. As a result, there is a rise in market demand for fruit seed waste.
A caffeine-free drink made from fruit seed waste of roasted date pit powder is an example of fruit seed waste that may be used as a substitute for regular coffee. This further propels the fruit seed waste market share.
The demand for fruit seed waste is rising owing to its numerous health benefits to users. The fruit seed waste from date pits helps to keep blood pressure stable and also aids in the healthy functioning of the digestive and excretory systems.
Fruit seed waste also lowers body temperature and is used as a therapeutic meal for bronchial asthma, cough, kidney stones, and poor memory. Due to these benefits, the sales of fruit seed waste is anticipated to rise in the projection period.
It also lowers the risk of cardiovascular disease, arthritis, Alzheimer's disease, and inflammatory diseases, which is another factor predicted to boost the overall sales of fruit seed waste during the forecast period.
The fruit seed waste market share is anticipated to grow due to its application in several end-use industries, including the production of various drugs, bakery products, bio-fertilizers, cosmetic products, essential oils, food and beverage industry, and others. Hence, the manufacturers are establishing their production in the region due to the easy availability of fruit seed waste.
Due to the increase in awareness about health and fitness, the demand for fruit seed waste is expected to increase in both developing and developed economies. China and India have the largest youth population, which is 36%, leading to the largest number of consumers, hence providing a strong opportunity for the fruit seed waste market over the forecast period.
The United States has a high number of diabetic population, which includes young, adult and old populations. Due to the issues of diabetes, the demand for fruit seed waste and products made from it is anticipated to increase in the U.S.
Key players in the fruit seed waste market include Coca cola Company, Welch’s, ITC Limited, PepsiCo, Kingsley Beverages.
Report Attribute | Details |
Growth rate | CAGR of 4% from 2022 to 2032 |
Base year for estimation | 2021 |
Historical data | 2015 - 2020 |
Forecast period | 2022 - 2032 |
Quantitative units | Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032 |
Report coverage | Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis |
Segments covered | Fruit type, region |
Regional scope | North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand |
Country scope | U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa |
Key companies profiled | Coca cola Company, Welch’s, ITC Limited, PepsiCo, Kingsley Beverages. |
Customization scope | Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope. |
Pricing and purchase options | Avail customized purchase options to meet your exact research needs. |
The fruit seed waste market is forecasted to register a CAGR of 4% during the forecast period.
Key players holding substantial Fruit Seed Waste Market share include Coca cola Company, Welch’s, ITC Limited, PepsiCo, Kingsley Beverages.
As per the analysis, the fruit seed waste market share is likely to be US$ 3.46 Bn by 2032.
Demand for fruit seed waste is likely to rise due to its application in several end-use industries including the production of various drugs, bakery products, bio fertilizers, cosmetic products, essential oils, food and beverage industry, and others
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