Reports
Sale
Australia Fruit and Vegetable Ingredient Market Size, Share: By Form: Concentrates, NFC Juices, Pastes and Purees, Pieces and Powders, Others; By Nature: Conventional, Organic; By Category: Vegetables, Fruits; By Application: Confectionery Products, Bakery Products, Others; Regional Analysis; Competitive Landscape; 2024-2032
Australia Fruit and Vegetable Ingredient Market Outlook
The Australia fruit and vegetable ingredient market size was valued at USD 3.85 billion in 2023. The market is further projected to grow at a CAGR of 4.4% between 2024 and 2032, reaching a value of USD 5.71 billion by 2032.
Key Takeaways
- Between 2017-2021, there was an estimated 6% growth in consumption of specialty fruit and vegetable ingredients, amounting to USD 41 billion.
- As per industry reports, exports of Australian processed fruit and vegetables account for approximately 49% of revenue for local processors and 27% of the total volume produced.
- In terms of imports, Australia's market for food processing ingredients sources a significant portion from New Zealand, with 16% market share.
- The industry comprises over 16,000 enterprises and employs more than 272,000 people.
The Australia fruit and vegetable ingredient market growth is influenced by the increasing consumer demand for clean-label and healthy food products, driving the preference for ingredients derived from fruits and vegetables. Moreover, the country's food, beverage, and grocery sectors, which account for one-third of all manufacturing activity, generated a turnover of AUD 116 billion in 2021-2022, leading to a higher demand for fruit and vegetables ingredients.
Another significant market trend is the expansion of functional and nutraceutical ingredients derived from fruits and vegetables. Functional ingredients with health benefits, such as antioxidants, vitamins, and fibre, are gaining popularity among health-conscious consumers. This trend influences product innovation, leading to the development of fortified food and beverage products that offer added nutritional value.
The market is witnessing innovation in processing technologies for fruit and vegetable ingredients, aimed at enhancing product quality, flavour retention, and shelf stability. Advanced processing techniques, such as cold pressing, freeze-drying, and high-pressure processing, are being adopted to preserve the natural characteristics of fruits and vegetables, resulting in high-quality ingredients with extended shelf life.
Concentrates are a significant segment in the Australia fruit and vegetable ingredient market, as it offers concentrated forms of fruit and vegetable juices that are used in various food and beverage applications, providing natural sweetness, colon, and aroma. The demand for concentrates is driven by their convenience, longer shelf life, and suitability for product formulations in the beverage, bakery, and confectionery industries.
Not-From-Concentrate (NFC) juices, on the other hand, retain the original taste, aroma, and nutritional content of the fresh produce, appealing to consumers seeking high-quality and authentic juice products. This segment caters to the demand for pure and minimally processed ingredients in the beverage and culinary sectors.
Market Segmentation
Australia Fruit and Vegetable Ingredient Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Form
- Concentrates
- NFC Juices
- Pastes and Purees
- Pieces and Powders
- Others
Market Breakup by Nature
- Conventional
- Organic
Market Breakup by Category
- Vegetables
- Fruits
Market Breakup by Application
- Confectionery Products
- Bakery Products
- RTE Products
- Beverages
- Dairy Products
- Soups and Sauces
- Others
Market Breakup by Region
- New South Wales
- Victoria
- Queensland
- Australian Capital Territory
- Western Australia
- Others
Competitive Landscape
Market players are concentrating on different types of fruit and vegetable ingredients to cater to diverse applications, with an additional focus on expanding market footprint through strategic partnerships.
- HQ2 Food & Beverage Solutions Pty Ltd.
- Frutex Australia Pty Ltd.
- KAGOME Australia Pty Ltd.
- Australian Pure Fruits
- AustChilli Pty Ltd.
- Others
Key Highlights of the Report
| 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:
|
| Breakup by Form |
|
| Breakup by Nature |
|
| Breakup by Category |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Asia Pacific Fruit and Vegetable Ingredient Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Fruit and Vegetable Ingredient Market Historical Market (2018-2023)
8.3 Asia Pacific Fruit and Vegetable Ingredient Market Forecast (2024-2032)
9 Australia Fruit and Vegetable Ingredient Market Overview
9.1 Key Industry Highlights
9.2 Australia Fruit and Vegetable Ingredient Market Historical Market (2018-2023)
9.3 Australia Fruit and Vegetable Ingredient Market Forecast (2024-2032)
10 Australia Fruit and Vegetable Ingredient Market by Form
10.1 Concentrates
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 NFC Juices
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Pastes and Purees
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Pieces and Powders
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Australia Fruit and Vegetable Ingredient Market by Nature
11.1 Conventional
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Organic
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Australia Fruit and Vegetable Ingredient Market by Category
12.1 Vegetables
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Fruits
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Australia Fruit and Vegetable Ingredient Market by Application
13.1 Confectionery Products
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 Bakery Products
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 RTE Products
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Beverages
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Dairy Products
13.5.1 Historical Trend (2018-2023)
13.5.2 Forecast Trend (2024-2032)
13.6 Soups and Sauces
13.6.1 Historical Trend (2018-2023)
13.6.2 Forecast Trend (2024-2032)
13.7 Others
14 Australia Fruit and Vegetable Ingredient Market by Region
14.1 New South Wales
14.1.1 Historical Trend (2018-2023)
14.1.2 Forecast Trend (2024-2032)
14.2 Victoria
14.2.1 Historical Trend (2018-2023)
14.2.2 Forecast Trend (2024-2032)
14.3 Queensland
14.3.1 Historical Trend (2018-2023)
14.3.2 Forecast Trend (2024-2032)
14.4 Australian Capital Territory
14.4.1 Historical Trend (2018-2023)
14.4.2 Forecast Trend (2024-2032)
14.5 Western Australia
14.5.1 Historical Trend (2018-2023)
14.5.2 Forecast Trend (2024-2032)
14.6 Others
15 Market Dynamics
15.1 SWOT Analysis
15.1.1 Strengths
15.1.2 Weaknesses
15.1.3 Opportunities
15.1.4 Threats
15.2 Porter’s Five Forces Analysis
15.2.1 Supplier’s Power
15.2.2 Buyer’s Power
15.2.3 Threat of New Entrants
15.2.4 Degree of Rivalry
15.2.5 Threat of Substitutes
15.3 Key Indicators for Demand
15.4 Key Indicators for Price
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 HQ2 Food & Beverage Solutions Pty Ltd.
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Frutex Australia Pty Ltd.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 KAGOME Australia Pty Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 Australian Pure Fruits
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 AustChilli Pty Ltd.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Asia Pacific Fruit and Vegetables Ingredient Market: Key Industry Highlights, 2018 and 2032
2. Australia Fruit and Vegetables Ingredient Market: Key Industry Highlights, 2018 and 2032
3. Australia Fruit and Vegetable Ingredient Market Historical Market: Breakup by Form (USD Billion), 2018-2023
4. Australia Fruit and Vegetable Ingredient Market Forecast: Breakup by Form (USD Billion), 2024-2032
5. Australia Fruit and Vegetable Ingredient Market Historical Market: Breakup by Nature (USD Billion), 2018-2023
6. Australia Fruit and Vegetable Ingredient Market Forecast: Breakup by Nature (USD Billion), 2024-2032
7. Australia Fruit and Vegetable Ingredient Market Historical Market: Breakup by Category (USD Billion), 2018-2023
8. Australia Fruit and Vegetable Ingredient Market Forecast: Breakup by Category (USD Billion), 2024-2032
9. Australia Fruit and Vegetable Ingredient Market Historical Market: Breakup by Application (USD Billion), 2018-2023
10. Australia Fruit and Vegetable Ingredient Market Forecast: Breakup by Application (USD Billion), 2024-2032
11. Australia Fruit and Vegetable Ingredient Market Historical Market: Breakup by Region (USD Billion), 2018-2023
12. Australia Fruit and Vegetable Ingredient Market Forecast: Breakup by Region (USD Billion), 2024-2032
13. Australia Fruit and Vegetable Ingredient Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 3.85 billion.
The market is expected to grow at a CAGR of 4.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 5.71 billion by 2032.
The market is being driven due to expansion of functional and nutraceutical ingredients, innovation in processing technologies for fruit and vegetable ingredients, and increased focus on sustainable sourcing practices and traceability.
Key trends aiding the market expansion include increasing consumer demand for clean-label and healthy food products, the rise in awareness about the benefits of plant-based food, and the trend of incorporating minimally processed and natural ingredients in food manufacturing.
Regions considered in the market are New South Wales, Victoria, Queensland, Western Australia, and Australian Capital Territory, among others.
Based on application, the market segmentations include confectionery products, bakery products, RTE products, beverages, dairy products, soups and sauces, among others.
Concentrates, NFC juices, pastes and purees, and pieces and powders, among others are considered in the report.
Key players in the market are HQ2 Food & Beverage Solutions Pty Ltd., Frutex Australia Pty Ltd., KAGOME Australia Pty Ltd., Australian Pure Fruits, and AustChilli Pty Ltd., among others.
Purchase Options 10% off
Call us
Purchase Full Report
Mini Report
$ 2199
$1999
-
Selected Sections, One User
-
Printing Not Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Single User License
$ 3299
$2999
-
All Sections, One User
-
One Print Allowed
-
Email Delivery in PDF
-
Free Limited Customisation -
Post Sales Analyst Support -
50% Discount on Next Update
Five User License
$ 4399
$3999
-
All Sections, Five Users
-
Five Prints Allowed
-
Email Delivery in PDF
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Corporate License
$ 5499
$4999
-
All Sections, Unlimited Users
-
Unlimited Prints Allowed
-
Email Delivery in PDF + Excel
-
Free Limited Customisation
-
Post Sales Analyst Support
-
50% Discount on Next Update
Any Question? Speak With An Analyst
View A Sample
Did You Miss Anything, Ask Now
Why Expert Market Research?
Right People
We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.
Right Methodology
We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.
Right Price
We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.
Right Support
Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.
NEWSLETTER