According to the latest report by IMARC Group, titled "Global Fruit Powder Market Size, Share, Industry Trends, Growth, Opportunity and Forecast 2022-2027", the global fruit powder market reached a value of US$ 18.07 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 23.93 Billion by 2027 exhibiting a CAGR of 4.50% during 2022-2027.
Base Year: 2021
Forecast Year: 2022-2027
Fruit Powder Market Trends and Drivers:
The growing consumer inclination towards convenience food items with essential nutrients is primarily driving the fruit powder market. Additionally, the widespread product adoption as a meat tenderizer, on account of its high levels of fiber and water content that assist in preventing constipation and maintaining a healthy digestive tract, is further catalyzing the market growth.
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Besides this, the increasing health concerns among individuals are inflating the demand for fruit powder in the production of nutraceutical supplements to enhance their nutritional benefits, such as fiber, vitamins, phytonutrients, etc., which is acting as another significant growth-inducing factor.
Moreover, the emerging trend of organic cosmetics and personal care products is augmenting the utilization of powder fruit extracts to promote the growth of new cells, protect against the harsh effects of ultraviolet (UV) radiation, alleviate the discomforts of dryness, enhance skin elasticity, etc. This, in turn, is projected to fuel the fruit powder market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Fruit Powder Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Aarkay Food Products Ltd., Döhler Group SE, Drytech Processes (I) Pvt Ltd, European Freeze Dry, FutureCeuticals Inc. (R. J. Van Drunen & Sons Inc.), Iprona SpA, Kanegrade Ltd., Nutradry Pty Ltd, Paradise Fruits Solutions GmbH & Co. KG, Saipro Biotech Private Limited, The Green Labs LLC and Watershed Foods LLC.
The report has segmented the market on the basis of region, fruit type, technology, distribution channel and application.
Breakup by Fruit Type:
Breakup by Technology:
· Freeze Dried
· Spray Dried
· Vacuum Dried
· Drum Dried
Breakup by Distribution Channel:
· Business to Business
· Business to Consumer
o Supermarkets and Hypermarkets
o Food and Drink Specialty Stores
o Convenience Stores
o Online Stores
Breakup by Application:
· Snacks and RTE Products
· Soups and Sauces
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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