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Global Strawberry Powder Market: By Type: Organic, Conventional; By Application: Cosmetics, Food and Beverages, Pharmaceuticals, Nutraceuticals; By Distribution Channel: Direct, Indirect; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Strawberry Powder Market Outlook
The global strawberry powder market is being aided by the growth of the global production of strawberry, which stood at a volume of about 9 million metric tons in 2020. The overall fruit powder market, meanwhile, is expected to grow at a CAGR of 4% in the forecast period of 2021-2026.
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Food and Beverage Segment Leading the Market for Strawberry Powder, Bolstered by Extensive Application
The food and beverage sector holds the largest share in the global strawberry powder industry, owing to its extensive application in a range of products, namely, milkshakes, ice creams, chocolates, pies, preserves, and juice, among others. Strawberry powder enriches these products with a distinct taste and fragrance of strawberry. The growing demand for the aforementioned items is bolstering the demand for strawberry powder; this, in turn, is enhancing the strawberry powder industry growth.
The strawberry powder industry is expected to increase, facilitated by the expanding organic type segment. The rising awareness associated with the health benefits of organic products is leading the consumers into consciously buying organic variants. Further, these products are produced without the use of synthetic (human-made) pesticides, fertilizers, and herbicides and are GMO-free. These factors are contributing to the market growth of organically produced strawberry powder products. This segment is expected to witness an accelerated demand in the forecast period as well.
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Strawberry Powder: Industry Definition and Segmentation
Strawberry powder is the dried form of strawberries, which are turned into powder, manually or at a large scale, through factory machines. Strawberry powder constitutes all the health benefits of strawberries and is used in an extensive range of products to give the strawberry essence to the products, including products from food and beverage, cosmetics, pharmaceutical sectors, and others.
On the basis of type, the market is bifurcated into:
- Organic
- Conventional
Based on application, the industry can be segmented into:
- Cosmetics
- Food and Beverages
- Pharmaceuticals
- Nutraceuticals
- Others
By distribution channel, the market is segmented into direct and indirect. The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The Rising Awareness of Health Benefits to Aid the Market Growth of Strawberry Powder
The market for strawberry powder is being driven by the high demand for the product in the preparation of several foods and beverages, such as chocolates, juices, pies, ice creams, milkshakes, and baked products like strawberry biscuits, and various desserts. Strawberry powder also finds use in the production of cereal bars and to enrich muesli and cornflakes. Furthermore, the rising awareness regarding many health benefits of the consumption of strawberry powder, including a boost to the immune system, and the ability to increase bone health, among others, will contribute significantly to the market growth in the forecast period. In addition to this, factors such as the changing lifestyles of consumers and the growing inclination towards ready-to-eat food products are projected to invigorate the market growth in the coming years.
Key Industry Players in the Global Strawberry Powder Market
The report gives a detailed analysis of the following key players in the global strawberry powder market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Saipro Biotech Private Limited
- LYO Food Sp. z.o.o.
- Aarkay Food Products Ltd
- Sunspray Food Ingredients (Pty) Ltd
- Others
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.
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 Strawberry Powder Market Analysis
8.1 Key Industry Highlights
8.2 Global Strawberry Powder Historical Market (2016-2020)
8.3 Global Strawberry Powder Market Forecast (2021-2026)
8.4 Global Strawberry Powder Market by Type
8.4.1 Organic
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 Conventional
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2016-2020)
8.4.2.3 Forecast Trend (2021-2026)
8.5 Global Strawberry Powder Market by Application
8.5.1 Cosmetics
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 Food and Beverages
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 Pharmaceuticals
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 Nutraceuticals
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 Others
8.6 Global Strawberry Powder Market by Distribution Channel
8.6.1 Direct
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2016-2020)
8.6.1.3 Forecast Trend (2021-2026)
8.6.2 Indirect
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2016-2020)
8.6.2.3 Forecast Trend (2021-2026)
8.7 Global Strawberry Powder Market by Region
8.7.1 Market Share
8.7.1.1 North America
8.7.1.2 Europe
8.7.1.3 Asia Pacific
8.7.1.4 Latin America
8.7.1.5 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 Value Chain Analysis
12 Manufacturing Process
12.1 Overview
12.2 Detailed Process Flow
12.3 Operation Involved
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Saipro Biotech Private Limited
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 LYO Food Sp. z.o.o.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Aarkay Food Products Ltd
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Sunspray Food Ingredients (Pty) Ltd
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Others
14 Industry Events and Developments
Additional Customisations Available
1 Project Requirements and Cost Analysis
1.1 Land, Location, and Site Development
1.2 Construction
1.3 Plant Machinery
1.4 Cost of Raw Material
1.5 Packaging
1.6 Transportation
1.7 Utilities
1.8 Manpower
1.9 Other Capital Investments
List of Figures and Tables
1. Global Strawberry Powder Market: Key Industry Highlights, 2016 and 2026
2. Global Strawberry Powder Historical Market: Breakup by Source Type (USD Billion), 2016-2020
3. Global Strawberry Powder Market Forecast: Breakup by Source Type (USD Billion), 2021-2026
4. Global Strawberry Powder Historical Market: Breakup by Application (USD Billion), 2016-2020
5. Global Strawberry Powder Market Forecast: Breakup by Application (USD Billion), 2021-2026
6. Global Strawberry Powder Historical Market: Breakup by Distribution Channel (USD Billion), 2016-2020
7. Global Strawberry Powder Market Forecast: Breakup by Distribution Channel (USD Billion), 2021-2026
8. Global Strawberry Powder Historical Market: Breakup by Region (USD Billion), 2016-2020
9. Global Strawberry Powder Market Forecast: Breakup by Region (USD Billion), 2021-2026
10. North America Strawberry Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
11. North America Strawberry Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
12. Europe Strawberry Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
13. Europe Strawberry Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
14. Asia Pacific Strawberry Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
15. Asia Pacific Strawberry Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
16. Latin America Strawberry Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
17. Latin America Strawberry Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
18. Middle East and Africa Strawberry Powder Historical Market: Breakup by Country (USD Billion), 2016-2020
19. Middle East and Africa Strawberry Powder Market Forecast: Breakup by Country (USD Billion), 2021-2026
20. Global Strawberry Powder Market Structure
Key Questions Answered in the Report
The global strawberry powder market is aided by the growth of the strawberry production, which attained a volume of nearly 9 million metric tons.
The strawberry powder market is being propelled by the growth of the overall fruit powder market, which is projected to grow at a CAGR of 4% between 2021 and 2026.
The major drivers of the industry, such as rising disposable incomes, increasing population, rising demand for the product in the preparation of several foods and beverages, changing lifestyles of consumers, increasing health consciousness, and rising demand for ready-to-eat food, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising demand and adoption of organic and GMO-free products.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading types of strawberry powder in the industry are organic and conventional.
The major application segments in the market are cosmetics, food and beverages, pharmaceuticals, and nutraceuticals, among others.
The significant distribution channels in the industry are direct and indirect.
The major players in the industry are Saipro Biotech Private Limited, LYO Food Sp. z.o.o., Aarkay Food Products Ltd, and Sunspray Food Ingredients (Pty) Ltd, among others.
Analyst Review
The global strawberry powder market is being driven by the global strawberry production, which stood at volume of about 9 million metric tons in 2020. The strawberry powder industry is also expected to be supported by the fruit powder market, which is expected to witness a moderate growth in the forecast period of 2021-2026, growing at a CAGR of 4%.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on type, the industry is divided into organic and conventional. On the basis of application, the industry can be categorised into cosmetics, food and beverages, pharmaceuticals, and nutraceuticals, among others. By distribution channel, the market can be bifurcated into direct and indirect. The major regional markets for strawberry powder are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Saipro Biotech Private Limited, LYO Food Sp. z.o.o., Aarkay Food Products Ltd, and Sunspray Food Ingredients (Pty) Ltd, among others.
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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