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The global fruit powder market is expected to grow at a CAGR of about 4.3% in the forecast period of 2023-2028.
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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.
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.
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 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.
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By fruit type, the market can be segmented:
Based on application, the industry is divided into:
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.
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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.
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:
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.
REPORT FEATURES | DETAILS |
---|---|
Base Year | 2022 |
Historical Period | 2018-2022 |
Forecast Period | 2023-2028 |
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, 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. |
*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 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Fruit Powder Market Size Analysis
8.1 Key Industry Highlights
8.2 Global Fruit Powder Historical Market (2018-2022)
8.3 Global Fruit Powder Market Size Forecast (2023-2028)
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 (2018-2022)
8.4.1.3 Forecast Trend (2023-2028)
8.4.2 Apple
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2018-2022)
8.4.2.3 Forecast Trend (2023-2028)
8.4.3 Mango
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2018-2022)
8.4.3.3 Forecast Trend (2023-2028)
8.4.4 Banana
8.4.4.1 Market Share
8.4.4.2 Historical Trend (2018-2022)
8.4.4.3 Forecast Trend (2023-2028)
8.4.5 Berries
8.4.5.1 Market Share
8.4.5.2 Historical Trend (2018-2022)
8.4.5.3 Forecast Trend (2023-2028)
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 (2018-2022)
8.5.1.3 Forecast Trend (2023-2028)
8.5.2 Confectionery
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2018-2022)
8.5.2.3 Forecast Trend (2023-2028)
8.5.3 Snacks/RTE Products
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2018-2022)
8.5.3.3 Forecast Trend (2023-2028)
8.5.4 Dairy
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2018-2022)
8.5.4.3 Forecast Trend (2023-2028)
8.5.5 Beverages
8.5.5.1 Market Share
8.5.5.2 Historical Trend (2018-2022)
8.5.5.3 Forecast Trend (2023-2028)
8.5.6 Soups and Sauces
8.5.6.1 Market Share
8.5.6.2 Historical Trend (2018-2022)
8.5.6.3 Forecast Trend (2023-2028)
8.5.7 Others
8.6 Global Fruit Powder Market by Region
8.6.1 North America
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2018-2022)
8.6.1.3 Forecast Trend (2023-2028)
8.6.2 Europe
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2018-2022)
8.6.2.3 Forecast Trend (2023-2028)
8.6.3 Asia Pacific
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2018-2022)
8.6.3.3 Forecast Trend (2023-2028)
8.6.4 Latin America
8.6.4.1 Market Share
8.6.4.2 Historical Trend (2018-2022)
8.6.4.3 Forecast Trend (2023-2028)
8.6.5 Middle East and Africa
8.6.5.1 Market Share
8.6.5.2 Historical Trend (2018-2022)
8.6.5.3 Forecast Trend (2023-2028)
9 North America Fruit Powder Market Analysis
9.1 United States of America
9.1.1 Market Share
9.1.2 Historical Trend (2018-2022)
9.1.3 Forecast Trend (2023-2028)
9.2 Canada
9.2.1 Market Share
9.2.2 Historical Trend (2018-2022)
9.2.3 Forecast Trend (2023-2028)
10 Europe Fruit Powder Market Analysis
10.1 United Kingdom
10.1.1 Market Share
10.1.2 Historical Trend (2018-2022)
10.1.3 Forecast Trend (2023-2028)
10.2 Germany
10.2.1 Market Share
10.2.2 Historical Trend (2018-2022)
10.2.3 Forecast Trend (2023-2028)
10.3 France
10.3.1 Market Share
10.3.2 Historical Trend (2018-2022)
10.3.3 Forecast Trend (2023-2028)
10.4 Italy
10.4.1 Market Share
10.4.2 Historical Trend (2018-2022)
10.4.3 Forecast Trend (2023-2028)
10.5 Others
11 Asia Pacific Fruit Powder Market Analysis
11.1 China
11.1.1 Market Share
11.1.2 Historical Trend (2018-2022)
11.1.3 Forecast Trend (2023-2028)
11.2 Japan
11.2.1 Market Share
11.2.2 Historical Trend (2018-2022)
11.2.3 Forecast Trend (2023-2028)
11.3 India
11.3.1 Market Share
11.3.2 Historical Trend (2018-2022)
11.3.3 Forecast Trend (2023-2028)
11.4 ASEAN
11.4.1 Market Share
11.4.2 Historical Trend (2018-2022)
11.4.3 Forecast Trend (2023-2028)
11.5 Australia
11.5.1 Market Share
11.5.2 Historical Trend (2018-2022)
11.5.3 Forecast Trend (2023-2028)
11.6 Others
12 Latin America Fruit Powder Market Analysis
12.1 Brazil
12.1.1 Market Share
12.1.2 Historical Trend (2018-2022)
12.1.3 Forecast Trend (2023-2028)
12.2 Argentina
12.2.1 Market Share
12.2.2 Historical Trend (2018-2022)
12.2.3 Forecast Trend (2023-2028)
12.3 Mexico
12.3.1 Market Share
12.3.2 Historical Trend (2018-2022)
12.3.3 Forecast Trend (2023-2028)
12.4 Others
13 Middle East and Africa Fruit Powder Market Analysis
13.1 Saudi Arabia
13.1.1 Market Share
13.1.2 Historical Trend (2018-2022)
13.1.3 Forecast Trend (2023-2028)
13.2 United Arab Emirates
13.2.1 Market Share
13.2.2 Historical Trend (2018-2022)
13.2.3 Forecast Trend (2023-2028)
13.3 Nigeria
13.3.1 Market Share
13.3.2 Historical Trend (2018-2022)
13.3.3 Forecast Trend (2023-2028)
13.4 South Africa
13.4.1 Market Share
13.4.2 Historical Trend (2018-2022)
13.4.3 Forecast Trend (2023-2028)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Kanegrade Ltd.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Saipro Biotech Pvt. Ltd.
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 The Green Labs LLC
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Paradiesfrucht GmbH
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 FutureCeuticals
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Fruit Powder Market Size: Key Industry Highlights, 2018 and 2028
2. Global Fruit Powder Historical Market: Breakup by Fruit Type (USD Million), 2018-2022
3. Global Fruit Powder Market Forecast: Breakup by Fruit Type (USD Million), 2023-2028
4. Global Fruit Powder Historical Market: Breakup by Application (USD Million), 2018-2022
5. Global Fruit Powder Market Forecast: Breakup by Application (USD Million), 2023-2028
6. Global Fruit Powder Historical Market: Breakup by Region (USD Million), 2018-2022
7. Global Fruit Powder Market Forecast: Breakup by Region (USD Million), 2023-2028
8. North America Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2018-2022
9. North America Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2023-2028
10. Europe Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2018-2022
11. Europe Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2023-2028
12. Asia Pacific Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2018-2022
13. Asia Pacific Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2023-2028
14. Latin America Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2018-2022
15. Latin America Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2023-2028
16. Middle East and Africa Global Fruit Powder Historical Market: Breakup by Country (USD Million), 2018-2022
17. Middle East and Africa Global Fruit Powder Market Forecast: Breakup by Country (USD Million), 2023-2028
18. Global Fruit Powder Market Size Structure
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.
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 2023-2028, 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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