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The Saudi Arabia fruit concentrate market size is estimated to grow at a CAGR of 4.2% in the forecast period of 2024-2032. The market growth can be attributed to the growing usage of fruit concentrates in the food and beverage sector and the rising popularity of exotic-flavoured beverages.
Fruit concentrate is a liquid or solid substance which is derived from fruits after extraction and removal of water through evaporation. It mainly finds application in the food and beverages sector to provide sweetness and flavour to a product.
Based on fruit type, the market is divided into citrus fruits, red fruits and berries, and tropical fruits, among others. On the basis of form, the market is bifurcated into liquid concentrate and power concentrate. The Saudi Arabia fruit concentrate market segmentation, on the basis of application, includes beverages, confectionery, bakery, and dairy, among others. Based on distribution channel, the market is classified into supermarkets and hypermarkets, convenience stores, speciality stores, and online, among 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. The report gives a detailed analysis of the following key players in the Saudi Arabia fruit concentrate market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
As per the Saudi Arabia fruit concentrate market analysis, red fruits and berries occupy a substantial share of the market due to the growing usage of red fruit concentrate to enhance the flavour of food and beverages. Red fruits such as apples can be used as natural sweeteners instead of artificial additives to provide sweet flavour to beverages, sauces, and confectionaries. Furthermore, berry concentrates find applications in gummies, snacks, and supplements, among others, to improve their visual appeal and enhance their antioxidant properties.
Beverages occupy a significant portion of the Saudi Arabia fruit concentrate market share owing to the high demand for fruit-based drinks among the urban population. Besides, growing health concerns are driving a shift towards healthy fruit drinks, bolstering the preference for fruit concentrate with low sugar concentrations.
Fruit concentrates are also widely used in non-alcoholic beverages such as fruit cocktails, mocktails, and punches to improve their flavour profile. Additionally, the increasing usage of halal certified fruit concentrates in beverages is propelling the segment’s growth.
Archer Daniels Midland Company is a food processing company, founded in 1902 and based in Minnesota, the United States. The company aims to enrich the quality of products through its sustainable business practices and innovative products.
Dohler GmbH, incorporated in 1838, is a producer of technology-based natural ingredients, headquartered in Darmstadt, Germany. Its product portfolio includes natural ingredients, ingredient systems, and integrated product solutions.
Kerry Group plc, established in 1972, is a food corporation, with its headquarters in Kerry, Ireland. The company focuses on sustainability to address food-related issues and produce healthier and eco-friendly food products.
Other Saudi Arabia fruit concentrate market players include Lemon Concentrate, S.L., and Ingredion Inc., among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Fruit Type |
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Breakup by Form |
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Breakup by Application |
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Breakup by Distribution Channel |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*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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The market is projected to grow at a CAGR of 4.2% between 2024 and 2032.
The major market drivers are the growing demand for healthy alternatives to sugar in food products and beverages, prolonged shelf life of fruit concentrates, and a rise in disposable income.
The key trends of the market include growing demand for fruit concentrates as a substitute for fresh fruit juices, increased popularity of exotic-flavoured beverages in the country, and increasing launch of zero-sugar fruit concentrates by market players.
Different fruit types are citrus fruits, red fruits and berries, and tropical fruits, among others.
Various applications of the product are beverages, confectionery, bakery, and dairy, among others.
Liquid concentrate and power concentrate are the several forms of fruit concentrate.
The major distribution channels of the product are supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
The key players in the market are Archer Daniels Midland Company, Dohler GmbH, Kerry Group plc, Lemon Concentrate, S.L., and Ingredion Inc., among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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