Fruit Vegetable Ingredients Market

The Global Fruit and Vegetable Ingredients market is segmented on the basis of type of ingredients such as concentrates, pastes and purees, not from concentrates (NFC), and pieces and powders. Global fruit and vegetable ingredients industry can also be segmented on the basis of applications. This includes, confectionary products, beverages, and bakery products, ready to eat products, sauces and soups, dairy products, and others which include spreads, dips, toppings, dressings and puddings.

Fruit and Vegetable Ingredients Market: Region-wise Outlook

The Global fruit & Vegetable ingredients industry is studied for the major regions which include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. The European region captured major share in the total revenue of Global fruit and vegetable ingredients market in 2014 due to significant growth in processed food and beverage market, resulting from inclined consumption of food and beverage based products containing ingredients obtained from fruits and vegetables. The market for fruit and vegetable ingredients in Asia-Pacific region is escalating with significant opportunities for confectionary and dairy industries. The Asia-Pacific and other emerging countries are anticipated to grow at a rapid pace in fruits and vegetable ingredients in the next few years as compared to the matured markets of developed zones which are into fruits and vegetable ingredients.

Fruit and Vegetable Ingredients Market: Growth Drivers

Robust growth in processed food & beverage industry, increasing consumption of confectionary, bakery and dairy products in the developed regions of the world is intensifying the fruit and vegetable ingredients market globally. Apart from this, health and wellness awareness among consumers, and elevation of income levels has strengthened the sales of vegetables and fruit ingredients as coloring tools and flavor enhancers. Besides this, the inclining disposable income of the growing middle-class population in developing countries is also fostering the demand for fruit and vegetable ingredients. With reference to the benefits provided by fruit and vegetable based ingredients, and rising demand for natural fruit and vegetable derived products, government of different countries are encouraging the fruit and vegetable ingredients industry which will intensify the overall market in the coming few years.

Fruit and Vegetable Ingredients Market: Major Players:

The major players operating in the Global fruit and vegetable ingredient industry include Archer Daniels Midland (U.S.), Agrana Group (Austria), Dohler Group (Germany), Kerry (Ireland), SunOpta (Canada), and SVZ International (The Netherlands). Apart from this, the other key players dominating the global fruit and vegetable ingredients industry include Olam International (Singapore), Diana S.A.S (France), SensoryEffects Ingredient Solutions (U.S.), and Sensient Technologies (U.S.). 

To retain a competitive superiority in fruit and vegetable ingredients industry, the major players were observed to choose acquisition as a strategy to enter into new and untouched markets, acquiring small and local players of the industry and developing a new customer base for long-term client rapport. This has not only allowed the major players in Global fruit and vegetable ingredients industry to expand their geographical presence in fruits and vegetable ingredients industry, but has also bolstered their market position by gaining a major chunk in terms of revenue and product ranges.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. 

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