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Global Fruit Powder Market: By Fruit Type: Grape, Apple, Mango, Banana, Berries, Other Fruits; By Application: Bakery, Confectionery, Snacks/RTE Products, Dairy, Beverages, Soups and Sauces, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Fruit Powder Market Outlook
The global fruit powder market is expected to grow at a CAGR of about 4.3% in the forecast period of 2021-2026.
The Asia Pacific to be a Significant Regional Market for Fruit powder
The Asia Pacific has emerged to be one of the leading regions in the global market for fruit powder. The region is expected to flourish during the forecast period as well. 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.
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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.
Impact of COVID-19 on the Global Market for Fruit Powder
The COVID-19 outbreak has been a boon for fruit ingredient manufacturers as there has been a surge in demand for FMCG products, such as processed and packaged foods. Food products infused with healthy fruit ingredients soared as the idea of healthy and nutritious eating spread throughout the market during the pandemic, resulting in the increased demand for fruit powders on an industrial level. However, the supply of raw fruits and vegetables was impacted in the first half of 2020 due to the restricted movement of goods during the lockdown periods. The players in the industry and other authorities have been working to establish special trading places and relations in the near future to maintain the vegetable and fruit supply chain and to ensure that ingredient companies have an adequate supply of fruits even amidst health emergencies like the COVID-19 pandemic.
Fruit Powder: Industry Definition and Segmentation
Fruit powder is made by processing fresh fruits and vegetables through advanced freeze-drying technology and equipment, pre-processing, quick freezing, vacuum drying, ultraviolet sterilisation, packaging, and storage. It can be used as a flavouring agent or as a cooking ingredient. It has a long shelf life at room temperature due to low water activity and has low logistical costs due to its small size and weight.
By fruit type, the market can be segmented:
- Grape
- Apple
- Mango
- Banana
- Berries
- Other Fruits
Based on application, the industry is divided into:
- Bakery
- Confectionery
- Snacks/RTE Products
- Dairy
- Beverages
- Soups and Sauces
- Others
The regional markets for fruit powder industry can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Growing Consumption of Packaged Food and Beverages and Rising Consumer Awareness Boosting the Market Growth
The market for fruit powder has benefitted owing to the rising demand for packaged foods and beverages. The COVID-19 outbreak created extensive demand for processed and packaged fruit products. Fruit powders are becoming more popular as people have become aware of the advantages of natural powders or ingredients over artificial or synthetic ones. The increasing utilisation of fruit powders for manufacturing flavoured beverages may further drive the growth of the market. The functional beverage and ready-to-drink segments are providing significant opportunities for the market growth. The demand for fruit powder is also increasing due to the increasing vegan population throughout the globe. Fruit powder is simple to store and extends the life of products. Apart from that, this powder can also be used during the off-season. These factors are expected to aid the growth of the market.
The availability of customised fruit powder is a significant trend that is likely to gain traction in the market. Fruit powder is used in the food and beverage industry to enhance the taste and flavour of drinks and food items. To stay on the forefront of the best market, leading companies are focusing on innovative and application-specific products, which is projected to propel the market ahead over the forecast period.
Key Industry Players in the Global Fruit Powder Market
The report gives a detailed analysis of the following key players in the global fruit powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Kanegrade Ltd.
- Saipro Biotech Pvt. Ltd.
- The Green Labs LLC
- Paradiesfrucht GmbH
- FutureCeuticals
The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2016-2020 |
| Forecast Period | 2021-2026 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Fruit Type, Application, Region |
| Breakup by Fruit Type | Grape, Apple, Mango, Banana, Berries, Other Fruits |
| Breakup by Application | Bakery, Confectionery, Snacks/RTE Products, Dairy, Beverages, Soups and Sauces, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Kanegrade Ltd., Saipro Biotech Pvt. Ltd., The Green Labs LLC, Paradiesfrucht GmbH, FutureCeuticals |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual 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 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Fruit Powder Market Size Analysis
8.1 Key Industry Highlights
8.2 Global Fruit Powder Historical Market (2016-2020)
8.3 Global Fruit Powder Market Size Forecast (2021-2026)
8.4 Global Fruit Powder Market Size by Fruit Type
8.4.1 Grape
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2016-2020)
8.4.1.3 Forecast Trend (2021-2026)
8.4.2 Apple
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.4.3 Mango
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2016-2020)
8.4.3.3 Forecast Trend (2021-2026)
8.4.4 Banana
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2016-2020)
8.4.4.3 Forecast Trend (2021-2026)
8.4.5 Berries
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2016-2020)
8.4.5.3 Forecast Trend (2021-2026)
8.4.6 Other Fruits
8.5 Global Fruit Powder Market Size by Application
8.5.1 Bakery
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2016-2020)
8.5.1.3 Forecast Trend (2021-2026)
8.5.2 Confectionery
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2016-2020)
8.5.2.3 Forecast Trend (2021-2026)
8.5.3 Snacks/RTE Products
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2016-2020)
8.5.3.3 Forecast Trend (2021-2026)
8.5.4 Dairy
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2016-2020)
8.5.4.3 Forecast Trend (2021-2026)
8.5.5 Beverages
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2016-2020)
8.5.5.3 Forecast Trend (2021-2026)
8.5.6 Soups and Sauces
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2016-2020)
8.5.6.3 Forecast Trend (2021-2026)
8.5.7 Others
8.6 Global Fruit Powder Market Size by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2016-2020)
9.1.2 Forecast Trend (2021-2026)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2016-2020)
9.2.2 Forecast Trend (2021-2026)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2016-2020)
9.3.2 Forecast Trend (2021-2026)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2016-2020)
9.4.2 Forecast Trend (2021-2026)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2016-2020)
9.5.2 Forecast Trend (2021-2026)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Kanegrade Ltd.
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Saipro Biotech Pvt. Ltd.
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 The Green Labs LLC
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Paradiesfrucht GmbH
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 FutureCeuticals
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
12 Industry Events and Developments
List of Figures and Tables
1. Global Fruit Powder Market Size: Key Industry Highlights, 2016 and 2026
2. Global Fruit Powder Historical Market: Breakup by Fruit Type (USD Million), 2016-2020
3. Global Fruit Powder Market Forecast: Breakup by Fruit Type (USD Million), 2021-2026
4. Global Fruit Powder Historical Market: Breakup by Application (USD Million), 2016-2020
5. Global Fruit Powder Market Forecast: Breakup by Application (USD Million), 2021-2026
6. Global Fruit Powder Historical Market: Breakup by Region (USD Million), 2016-2020
7. Global Fruit Powder Market Forecast: Breakup by Region (USD Million), 2021-2026
8. North America Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2016-2020
9. North America Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
10. Europe Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2016-2020
11. Europe Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
12. Asia Pacific Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2016-2020
13. Asia Pacific Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
14. Latin America Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2016-2020
15. Latin America Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
16. Middle East and Africa Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2016-2020
17. Middle East and Africa Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2021-2026
18. Global Fruit Powder Market Size Structure
Key Questions Answered in the Report
The global fruit powder market is projected to grow at a CAGR of 4.3% between 2021 and 2026.
The major drivers of the market include the increasing vegan population, availability of customised fruit powder, the rising demand for fruit powder in the meat industry, changing preferences among consumers, and widespread use in the end-use industries.
The rising consumer demand for packaged foods and beverages and consumer health awareness are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading fruit types in the market are grape, apple, mango, banana, berries, and other fruits.
The major applications of fruit powder in the industry are bakery, confectionery, snacks/RTE products, dairy, beverages, and soups and sauces, among others.
The major players in the industry are Kanegrade Ltd., Saipro Biotech Pvt. Ltd., The Green Labs LLC, Paradiesfrucht GmbH, and FutureCeuticals.
Analyst Review
The global fruit powder market is being driven by the rising consumer demand for packaged foods and beverages. Aided by the increasing vegan population and availability of customised fruit powder, the market is expected to witness a healthy growth in the forecast period of 2021-2026, growing at a CAGR of 4.3%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. On the basis of fruit type, the market is categorised into grape, apple, mango, banana, berries, and other fruits. Based on application, the market can be segmented into bakery, confectionery, snacks/RTE products, dairy, beverages, and soups and sauces, among others. The major regional markets for fruit powder are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Kanegrade Ltd., Saipro Biotech Pvt. Ltd., The Green Labs LLC, Paradiesfrucht GmbH, and FutureCeuticals.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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