Global Guava Puree Market Report and Forecast 2024-2032

Global Guava Puree Market Outlook

The global guava puree market is expected to grow at a CAGR of 5% in the forecast period of 2024-2032.

Rising Production of Snacks Introducing Purees as an Ingredient to Aid the Market Growth of Guava Puree

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The market of guava puree is being driven by the rising production of snacks introducing purees as an ingredient by the food companies. This tactic is employed by the food companies so as to attract parents to purchase these relatively healthy products for their young ones. The inclusion of guava puree in the snack lends it colour and texture and helps promote the product as the consumers in the developing countries prefer trying out new flavoured processed products owing to the inflating disposable incomes in such countries. Regionally, the Asia Pacific market is significantly contributing to the expansion of the market growth. This can be attributed to the robust population growth rate in the region, especially in countries like India and China.

Guava Puree: Market Segmentation

Guava puree is native to Latin American countries. It is used in various processed products due to its high nutritional value. Few examples of guava puree usage include juice, guava nectar, jelly, and concentrate jam.

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On the basis of source, the market is divided into:

• Organic
• Conventional

Based on variety, the industry can be segmented into:

• Tropical Pink
• Tropical White
• Others

By application, the industry is categorised into:

• Beverages
• Infant Food
• Ice Cream and Yoghurt
• Dressing and Sauces
• Bakery and Snacks
• Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

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Development of Processed Food Products from Purees to Aid the Market Growth of Guava Puree

The market growth of guava puree is driven by the development of processed food products from purees, which lends an edge to the guava puree industry over other fruits, thus, enhancing the market growth. Moreover, factors like busy lifestyles and improved standard of living is boosting the consumption of ready-to-consume foods and beverages as they save time and are convenient. In addition, constant improvements in living standards are giving rise to a significant demand for processed food and beverages market. Thereby, fuelling the market for food ingredients, including purees.

Key Industry Players in the Global Guava Puree Market

The report gives a detailed analysis of the following key players in the global guava puree market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• Primor Doces e Caramelos Ltda.   
• Ariza B.V.
• Kiril Mischeff
• Bajaj Agro Foods India Limited
• Galla Foods Limited (GFL)
• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report