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The Asia Pacific tropical fruit puree market reached a production volume of 3.06 million tons in 2019. The market in the Asia Pacific is expected to grow further in the coming years, growing at a CAGR of 1.30% in the forecast period of 2020-2025. The market is projected to attain a volume of 3.31 million tons in 2025.
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China is the leading market for tropical fruit puree accounting for the majority of its production. While it is also a major producer of tropical fruits, the country still depends on imports to meet the consumer demand. The increased consumer demand is a result of a greater use of puree of fruit in the preparation of juices, ketchup, and infant food products, among other items. India and the Philippines were the other significant tomato puree markets in the region.
In the Asia Pacific, the institutional sector remains the principal distribution channel for fruit puree. They find their primary application in the beverage sector with expanding applications in sectors like ice-cream and yoghurt, bakery and snacks and infant foods. In terms of packaging type, bag-in-drum dominated the industry in 2017, over other packaging types like bag-in-box, bag-in-bin, cans, and pouches.
Mango was the leading raw product used to produce tropical fruit puree in 2017 in the Asia Pacific. In 2017, the market for mango reached a volume of 980,553 tons, with India contributing to the majority of its production. China and Thailand followed India as the leading producers of mango. The demand for mango puree is being driven by its extensive application in food and beverage sectors in products like jellies, marinades, jams, juices, nectars, and other beverage items. Mango was followed by tomato and banana as other significant raw products used to make tropical fruit puree. These three, together, account for over 85% of the total production of fruit puree in the Asia Pacific.
Properties and Applications
Tropical fruit puree, also known as fruit pulp or paste, is either available in a coarse form containing small pieces of fruits or in a homogenised form devoid of fruit particles. They are made by sieving, grinding and milling tropical fruits, and utilised widely in the food processing industry in the production of items such as juice, and nectar, among others. They can be made of mango, tomato, banana, guava, passion fruit, papaya, and avocado, among others. Tropical fruit puree products can be broadly classified as being either conventional or organic. They find their application in the following sectors:
Their various distribution channels are:
The report analyses the Asia Pacific markets like China, India, Philippines, Thailand, Indonesia, Malaysia, Australia, Taiwan, Vietnam, Japan, Myanmar, Korea, Singapore, and others.
The Asia Pacific tropical fruit puree market is being driven by the rising consumer demand due to their high nutritional value. They are also increasingly being used as a cooking ingredient. The robust growth in the region’s food and beverage industry is furthering the growth of the market. Over the past decade, its application within the food and beverage sector has seen a healthy increase and has diversified. With busier lifestyles, and growing disposable income among the consumers in the region is leading to change in the food habits and a surge in packaged food consumption, thus, driving the market further. Innovation in packaging solution by the manufacturers is further aiding the industry owing to the easy storage of fruit puree and an extended shelf-life.
The growth of the industry in the Asia Pacific is also due to the easy availability of tropical fruits with the region being their largest producer, globally. China and India are the leading producers of tropical fruits like mangoes, tomatoes, and bananas in the region. The diverse number of products available in the Asia Pacific market catering to the various tastes and preferences of a wide base of consumers is providing further impetus to the industry. Their various health benefits like controlling the blood pressure, maintaining healthy digestions, prevention of cancer, and lowering the risk of diabetes, among other benefits will also drive the industry growth.
China’s fruit puree market is being driven its robust tomato industry, with tomato being one of the leading raw materials from which fruit puree is derived. China is the largest producer of tomatoes in the world and is the second largest in terms of its processing capacities. The growing economy, the increasing disposable incomes, and an expanding youth population are all aiding the industry in the country as they are contributing to a change in the consumptions patterns.
The report analyses the following key players in the Asia Pacific tropical fruit puree market, looking into their market share, capacity, and latest developments like plant turnarounds, mergers and acquisitions, and capacity expansions:
The EMR report gives an in-depth insight into the market by providing a SWOT as well as Porter’s Five Forces analysis.
2 Research Methodology
3 Executive Summary
3.1 Market Overview
3.2 Key Demand Drivers
3.3 Key Players
3.4 Supply Market Changes
4 Asia Pacific Tropical Fruit Puree Market Outlook
5 Asia Pacific Tropical Fruit Puree Market
5.1 Asia Pacific Tropical Fruit Puree Market Analysis
5.1.1 Figure: Historical Market (2015-2019) & Forecast (2020-2025)
5.1.2 Figure: Breakup by Fruit Type: Historical Market (2015-2019) & Forecast (2020-2025)
18.104.22.168 Passion Fruit
5.1.3 Figure: Breakup by Product Type: Historical Market (2015-2019) & Forecast (2020-2025)
5.1.4 Figure: Breakup by Packaging Type: Historical Market (2015-2019) & Forecast (2020-2025)
5.1.5 Figure: Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
22.214.171.124 Ice-Cream and Yogurt
126.96.36.199 Bakery and Snacks
188.8.131.52 Infant Food
5.1.6 Figure: Breakup by Distribution Channel: Historical Market (2015-2019) & Forecast (2020-2025)
184.108.40.206 Institutional Sector
220.127.116.11 Supermarket and Hypermarkets
18.104.22.168 Health Food Stores
22.214.171.124 Independent Retailer
126.96.36.199 Convenience Stores
5.1.7 Figure: Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
188.8.131.52 South Korea
5.1.8 Regional Tropical Fruit Puree Market Breakup by Fruit Types
184.108.40.206 South Korea
5.1.9 Regional Tropical Fruit Puree Market Breakup by Packaging Types
220.127.116.11 South Korea
5.2 SWOT Analysis
5.3 Value Chain Analysis
5.4 Porter’s Five Forces Analysis
5.4.2 Buyer’s Power
5.4.3 Supplier’s Power
5.4.4 New Entrants
5.4.5 Degree of Rivalry
5.5 Asia Pacific Tropical Fruit Puree Average Price Trends: Historical Market (2015-2019) & Forecast (2020-2025)
5.5.1 Mango Puree
5.5.2 Tomato Puree
5.5.3 Banana Puree
5.5.4 Guava Puree
5.5.5 Papaya Puree
5.5.6 Avocado Puree
5.5.7 Passion Fruit Puree
5.6 Regional Tropical Fruit Puree Average Price Trends: Historical Market (2015-2019) & Forecast (2020-2025)
5.6.12 South Korea
6 Manufacturing Process
6.1 Detailed Process Flow
6.2 Operations Involved
6.3 Mass Balance
7 Cost Analysis
7.1 Land, Location and Site Development
7.3 Plant Machinery
7.4 Cost of Raw Material
7.9 Other Capital Investment
8 Competitive Landscape & Supplier Analysis
8.1 Cofco Tunhe Tomato Co., Ltd
8.2 Kagome Co., Ltd.
8.3 Jain Irrigation Systems Limited
8.4 Tianjin Sanhe Fruits & Vegetables Co., Ltd.
8.5 Capricorn Food Products India Limited
8.6 Food & Inns Limited
8.7 Exotic Fruits Private Limited
9 Events and Developments
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