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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Fruit Powder Market Size
The global fruit powder market attained a value of USD 11,098.6 million in 2023. The market is projected to grow at a CAGR of 6.1% between 2024 and 2032 to reach USD 15,788.1 million by 2032.
The Asia Pacific Expected to be the Fastest Growing Regional Market
Asia Pacific fruit powder market is expected to flourish during the forecast period. The market growth in the region can be attributed to the rapid growth of various end users, such as the food and beverage and pharmaceutical industries, among others. In addition, the rise in the demand for fruit and vegetable powders in the meat industry and natural colourants have contributed to the market growth in the Asia Pacific.
Within the Asia Pacific, India presents a huge growth potential for the market growth in the region. The widespread use of fruit powder in the growing end use industries in India, including bakery, confectionery, snacks and cereals, and dairy, presents lucrative opportunities for the manufacturers to target this country for increased revenue. The market growth in the country can be attributed to changing consumer preference for nutritious and healthy food and the increasing acceptance of packaged foods with high nutritional content. The increasing prevalence of lifestyle problems is propelling the demand for healthy and nutritious food, which is further contributing to the increased growth of the fruit powder industry in the country.
Fruit Powder Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global fruit powder market is projected to grow at a CAGR of 6.1% between 2023 and 2032.
The major drivers of the market include the growing demand for customised fruit powder, the increasing vegan population, and the surging preference for fruit powder in the meat sector.
The key trends propelling the market growth are evolving customer preferences, the growing consumer demand for packaged foods and beverages, and increasing health consciousness.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major fruit types considered in the market report are grape, apple, mango, banana, and berries, among other fruits.
The various applications of fruit powder are bakery, confectionery, snacks/RTE products, dairy, beverages, and soups and sauces, among others.
The key market players include Kanegrade Ltd., Paradise Fruits Solutions GmbH & Co. KG, Döhler Group SE, Aarkay Food Products Ltd., The Green Labs LLC, European Freeze Dry ApS, Nexira, Iprona SpA, Nutradry Pty Ltd,,Saipro Biotech Private Limited., among others
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