Fruit & Vegetable Ingredients Market by Category, Type, Application - Global Forecast to 2022

  • ID: 4288376
  • Report
  • 182 pages
  • Markets and Markets
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Fruit & Vegetable Ingredients is Projected to Reach a Value of USD 216.03 Billion by 2022

FEATURED COMPANIES

  • Agrana Group
  • Diana Group S.A.S.
  • Döhler
  • Kerry Group PLC
  • Olam International Ltd.
  • Sunopta, Inc.
  • MORE

“Fruit & vegetable ingredients market is projected to grow at a CAGR of 5.8% in terms of value”
The fruit & vegetable ingredients market has grown rapidly in the last few years and is projected to reach a value of USD 216.03 billion by 2022, at a CAGR of 5.8% from 2017 to 2022. The primary factor driving the fruit & vegetable ingredients market is the increasing demand of fruit & vegetable ingredients in diverse industries. Also, factors such as changing consumer lifestyles, R&D and innovations to strengthen the fruit & vegetable ingredients market, increasing demand for natural ingredients due to increasing consumer awareness, increasing demand for snacks & convenience food and beverage products due to changing consumer preferences, and health benefits of fruit & vegetable ingredients result in the growth of the fruit & vegetable ingredients market. Factors such as stringent food safety legislations and seasonal variations in the supply of raw materials are restraining the growth of the fruit & vegetable ingredients market.

“Beverages application dominated the fruit & vegetable ingredients market”
On the basis of application, the fruit & vegetable ingredients market is segmented into beverages, confectionery, RTE products, bakery, soups and sauces, dairy products, and other industries which include  dips, spreads, dressings, toppings, and puddings. Beverages dominated the fruit & vegetable ingredients market, by application. The market for fruit & vegetable ingredients for application in beverages is driven by health-conscious consumers who prefer natural ingredients in their diets. Furthermore, a trend toward healthier beverage choices by consumers has caused the dairy industry to include fruit & vegetable ingredients in their offerings.

“China and India: The future of the fruit & vegetable ingredients industry”
Europe dominated the global fruit & vegetable ingredients market in 2015. The Asia-Pacific region is projected to be the fastest-growing market from 2016 to 2021. The markets are growing in China and India due to the increasing disposable income of the people, growing urban population, abundance of human capital, changing lifestyle along with evolving consumers’ eating habits, and increased opportunities in developing countries making way for profitable returns.

Break-up of Primaries:

  •  By Company Type: Tier 1 – 20%, Tier 2 – 45%, and Tier 3 – 35%
  •  By Designation: Director level –22%, C level – 28%, Others – 50%,
  •  By Region: North America – 45%, Europe – 25%, Asia-Pacific – 18%, RoW – 12%

The leading players in the fruit & vegetable ingredients market are Archer Daniels Midland Company (U.S.), Kerry Group plc (Ireland), AGRANA Group (Austria), Döhler (Germany), SunOpta, Inc. (Canada), Olam International Limited (Singapore), DIANA Group S.A.S. (France), SVZ International BV (Netherlands), Sensient Technologies Corporation (U.S.), and SensoryEffects Ingredient Solutions (U.S.).

Research Coverage

The fruit & vegetable ingredients market is segmented on the basis of type, application, category, and region. In terms of insights, this research report has focused on various levels of analyses: industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss the basic views on the competitive landscape, emerging & high-growth segments of the global fruit & vegetable ingredients market, high-growth regions, countries, and their respective regulatory policies, government initiatives, drivers, restraints, opportunities and challenges.

Reasons to buy this report:

  •  To get an overview of the global fruit & vegetable ingredients market
  •  To get an overview of the key players of fruit & vegetable ingredients industry and product portfolios and key strategies adopted by key players to attain the market presence
  •  To gain insights of the major region in which the fruit & vegetable ingredients market is growing
  •  To gain knowledge of the growth of various segments
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Agrana Group
  • Diana Group S.A.S.
  • Döhler
  • Kerry Group PLC
  • Olam International Ltd.
  • Sunopta, Inc.
  • MORE
1 Introduction

    1.1 Objectives of the Study

    1.2 Market Definition

    1.3 Study Scope

           1.3.1 Markets Covered

           1.3.2 Periodization Considered for the Study

    1.4 Currency Considered

    1.5 Units Considered

    1.6 Stakeholders

    1.7 Limitations

2 Research Methodology

    2.1 Introduction

    2.2 Research Data

           2.2.1 Secondary Data

                    2.2.1.1 Key Data Taken From Secondary Sources

           2.2.2 Primary Data

                    2.2.2.1 Key Data From Primary Sources

                    2.2.2.2 Key Industry Insights

                    2.2.2.3 Breakdown of Primary Interviews

    2.3 Factor Analysis

           2.3.1 Introduction

                    2.3.1.1 Overview of the Parent Industry

           2.3.2 Demand-Side Analysis

                    2.3.2.1 Developing Economies

                    2.3.2.2 Growing Middle-Income Population, 2009–2030

                    2.3.2.3 Mounting Global Per Capita Income and Rise in Disposable Income

           2.3.3 Supply-Side Analysis

                    2.3.3.1 Research & Development

                    2.3.3.2 Advancements in Fruit & Vegetable Processing Equipment and Technologies

    2.4 Market Size Estimation

           2.4.1 Bottom-Up Approach

           2.4.2 Top-Down Approach

    2.5 Market Breakdown & Data Triangulation

    2.6 Research Assumptions & Limitations

           2.6.1 Assumptions

           2.6.2 Limitations

3 Executive Summary

4 Premium Insights

    4.1 Attractive Opportunities in Fruit & Vegetable Ingredients Market

    4.2 Beverages: Leading Segment for Fruit & Vegetable Ingredients, By Application

    4.3 Asia-Pacific: Fastest-Growing Fruit & Vegetable Ingredients Market

    4.4 Fruit & Vegetable Ingredients Market Growth, By Country

    4.5 Fruit & Vegetable Ingredients Market: Developed vs Developing Nations

    4.6 Life Cycle Analysis, By Region

    4.7 Year on Year Growth Outlook

5 Market Overview

    5.1 Introduction

    5.2 Market Segmentation

    5.3 Market Dynamics

           5.3.1 Drivers

                    5.3.1.1 Growing Demand for Food Preservatives

                    5.3.1.2 Health Promoting Activities and Government Initiatives Result in Rise in Demand for Fruit & Vegetable Ingredients

                    5.3.1.3 Increase in Popularity of Convenience Foods Boosts the Demand for Fruit & Vegetable Ingredients

                    5.3.1.4 Increase in Global Trade of Fruits & Vegetables

                    5.3.1.5 Increase in Demand for Natural Ingredients

           5.3.2 Restraints

                    5.3.2.1 Stringent Food Safety Legislations

                    5.3.2.2 Seasonal Variations in Supply of Raw Materials and Adverse Weather Conditions

           5.3.3 Opportunities

                    5.3.3.1 Inclination of Consumers Towards Healthier Alternatives

                    5.3.3.2 Countries With Emerging Economies: Sole Frontiers of Growth

                               5.3.3.2.1 Emerging Markets & Changing Consumer Lifestyles

                               5.3.3.2.2 Growth Opportunities in the Untapped Markets

           5.3.4 Challenges

                    5.3.4.1 Infrastructural Challenges in Developing Countries

                    5.3.4.2 Demand for Clean Label Products From Consumers

6 Industry Trends

    6.1 Introduction

    6.2 Value Chain Analysis

    6.3 Supply Chain Analysis

           6.3.1 Prominent Companies

           6.3.2 Small & Medium Enterprises

           6.3.3 End Users

    6.4 Industry Trends

    6.5 Porter’s Five Forces Analysis

           6.5.1 Threat of New Entrants

           6.5.2 Threat of Substitutes

           6.5.3 Bargaining Power of Suppliers

           6.5.4 Bargaining Power of Buyers

           6.5.5 Intensity of Competitive Rivalry

7 Fruit & Vegetable Ingredients Market, By Type

    7.1 Introduction

    7.2 Concentrates

    7.3 Pastes & Purees

    7.4 NFC Juices

    7.5 Pieces & Powders

8 Fruit & Vegetable Ingredients Market, By Application

    8.1 Introduction

    8.2 Beverages

    8.3 Confectionery Products

    8.4 R.T.E. Products

    8.5 Bakery Products

    8.6 Soups & Sauces

    8.7 Dairy Products

    8.8 Other Applications

9 Fruit & Vegetable Ingredients Market, By Category

    9.1 Introduction

    9.2 Fruit Ingredients

    9.3 Vegetable Ingredients

10 Fruit & Vegetable Ingredients Market, By Region

     10.1 Introduction

     10.2 North America

             10.2.1 U.S.

             10.2.2 Canada

             10.2.3 Mexico

     10.3 Europe

             10.3.1 Italy

             10.3.2 U.K.

             10.3.3 Spain

             10.3.4 Germany

             10.3.5 France

             10.3.6 Netherlands

             10.3.7 Poland

             10.3.8 Rest of Europe

     10.4 Asia-Pacific

             10.4.1 China

             10.4.2 Japan

             10.4.3 India

             10.4.4 Australia

             10.4.5 Rest of Asia-Pacific

     10.5 Rest of the World (RoW)

             10.5.1 Latin America

             10.5.2 Africa

             10.5.3 Middle East

11 Competitive Landscape

     11.1 Overview

     11.2 Competitive Situation & Trends

             11.2.1 Acquisitions

             11.2.2 Expansions & Investments

             11.2.3 New Product Launches/Developments

             11.2.4 Partnerships, Agreements, and Joint Ventures

12 Company Profiles
(Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments)*

     12.1 Introduction

     12.2 Agrana Group

     12.3 Archer Daniels Midland Company

     12.4 Olam International Ltd.

     12.5 Sensient Technologies Corporation

     12.6 Kerry Group PLC

     12.7 Sunopta, Inc.

     12.8 Diana Group S.A.S.

     12.9 Döhler

     12.10 Sensoryeffects Ingredient Solutions

     12.11 SVZ International B.V.

*Details on Company at A Glance, Recent Financials, Products & Services, Strategies & Insights, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

13 Appendix

     13.1 Discussion Guide

     13.2 Knowledge Store: Marketsandmarkets’ Subscription Portal

     13.3 More Company Developments

             13.3.1 Expansions & Investments

             13.3.2 Acquisitions

             13.3.3 New Product Launches

             13.3.4 Partnerships, Agreements, and Joint Ventures

     13.4 Introducing RT: Real Time Market Intelligence

     13.5 Available Customizations

     13.6 Related Reports

List of Tables

Table 1 GDP Growth of Emerging Countries, 2014–2015
Table 2 Fruit & Vegetable Ingredients Market Size, By Type, 2015–2022 (KT)
Table 3 Fruit & Vegetable Ingredients Market Size, By Type, 2015–2022 (USD Million)
Table 4 Concentrates Market Size, By Region, 2015–2022 (KT)
Table 5 Concentrates Market Size, By Region, 2015–2022 (USD Million)
Table 6 Pastes & Purees Market Size, By Region, 2015–2022 (KT)
Table 7 Pastes & Purees Market Size, By Region, 2015–2022 (USD Million)
Table 8 NFC Juices Market Size, By Region, 2015–2022 (KT)
Table 9 NFC Juices Market Size, By Region, 2015–2022 (USD Million)
Table 10 Pieces & Powders Market Size, By Region, 2015–2022 (KT)
Table 11 Pieces & Powders Market Size, By Region, 2015–2022 (USD Million)
Table 12 Fruit & Vegetable Ingredients Market Size, By Application, 2015–2022 (USD Million)
Table 13 Fruit & Vegetable Ingredients Market Size, By Application, 2015–2022 (KT)
Table 14 Beverages Market Size, By Region, 2015–2022 (USD Million)
Table 15 Beverages Market Size, By Region, 2015–2022 (KT)
Table 16 Confectionery Products Market Size, By Region, 2015–2022 (USD Million)
Table 17 Confectionery Products Market Size, By Region, 2015–2022 (KT)
Table 18 R.T.E. Products Market Size, By Region, 2015–2022 (USD Million)
Table 19 R.T.E. Products Market Size, By Region, 2015–2022 (KT)
Table 20 Bakery Products Market Size, By Region, 2015–2022 (USD Million)
Table 21 Bakery Products Market Size, By Region, 2015–2022 (KT)
Table 22 Soups & Sauces Market Size, By Region, 2015–2022 (USD Million)
Table 23 Soups & Sauces Market Size, By Region, 2015–2022 (KT)
Table 24 Dairy Products Market Size, By Region, 2015–2022 (USD Million)
Table 25 Dairy Products Market Size, By Region, 2015–2022 (KT)
Table 26 Other Applications Market Size, By Region, 2015–2022 (USD Million)
Table 27 Other Applications Market Size, By Region, 2015–2022 (KT)
Table 28 Fruit & Vegetable Ingredients Market Size, By Category, 2015–2022 (KT)
Table 29 Fruit & Vegetable Ingredients Market Size, By Category, 2015–2022 (USD Million)
Table 30 Fruit Ingredients Market Size, By Region, 2015–2022 (KT)
Table 31 Fruit Ingredients Market Size, By Region, 2015–2022 (USD Million)
Table 32 Vegetable Ingredients Market Size, By Region, 2015–2022 (KT)
Table 33 Vegetable Ingredients Market Size, By Region, 2015–2022 (USD Million)
Table 34 Fruit & Vegetable Ingredients Market Size, By Region, 2017-2022 (USD Million)
Table 35 Fruit & Vegetable Ingredients Market Size, By Region, 2015-2022 (KT)
Table 36 North America: Fruit & Vegetable Ingredients Market Size, By Country, 2015-2022 (USD Million)
Table 37 North America: Fruit & Vegetable Ingredients Market Size, By Country, 2015–2022 (KT)
Table 38 North America: Concentrates Market Size, By Country, 2015–2022 (USD Million)
Table 39 North America: Concentrates Market Size, By Country, 2015–2022 (KT)
Table 40 North America: Pastes & Purees Market Size, By Country, 2015–2022 (USD Million)
Table 41 North America: Pastes & Purees Market Size, By Country, 2015–2022 (KT)
Table 42 North America: NFC Juices Market Size, By Country, 2015–2022 (USD Million)
Table 43 North America: NFC Juices Market Size, By Country, 2015–2022 (KT)
Table 44 North America: Pieces & Powders Market Size, By Country, 2015–2022 (USD Million)
Table 45 North America: Pieces & Powders Market Size, By Country, 2015–2022 (KT)
Table 46 North America: Fruit & Vegetable Ingredients Market Size, By Application, 2015-2022 (USD Million)
Table 47 North America: Fruit & Vegetable Ingredients Market Size, By Application, 2015-2022 (KT)
Table 48 Europe: Fruit & Vegetable Ingredients Market Size, By Country, 2015–2022 (USD Million)
Table 49 Europe: Fruit & Vegetable Ingredients Market Size, By Country, 2015–2022 (KT)
Table 50 Europe: Concentrates Market Size, By Country, 2015–2022 (USD Million)
Table 51 Europe: Concentrates Market Size, By Country, 2015–2022 (KT)
Table 52 Europe: Pastes & Purees Market Size, By Country, 2015–2022 (USD Million)
Table 53 Europe: Pastes & Purees Market Size, By Country, 2015–2022 (KT)
Table 54 Europe: NFC Juices Market Size, By Country, 2015–2022 (USD Million)
Table 55 Europe: NFC Juices Market Size, By Country, 2015–2022 (KT)
Table 56 Europe: Pieces & Powders Market Size, By Country, 2015–2022 (USD Million)
Table 57 Europe: Pieces & Powders Market Size, By Country, 2015–2022 (KT)
Table 58 Europe: Fruit & Vegetable Ingredients Market Size, By Application, 2015–2022 (USD Million)
Table 59 Europe: Fruit & Vegetable Ingredients Market Size, By Application, 2015–2022 (KT)
Table 60 Asia-Pacific: Fruit & Vegetable Ingredients Market Size, By Country, 2015–2022 (USD Million)
Table 61 Asia-Pacific: Fruit & Vegetable Ingredients Market Size, By Country, 2015–2022 (KT)
Table 62 Asia-Pacific: Concentrates Market Size, By Country, 2015–2022 (USD Million)
Table 63 Asia-Pacific: Concentrates Market Size, By Country, 2015–2022 (KT)
Table 64 Asia-Pacific: Pastes & Purees Market Size, By Country, 2015–2022 (USD Million)
Table 65 Asia-Pacific: Pastes & Purees Market Size, By Country, 2015–2022 (KT)
Table 66 Asia-Pacific: NFC Juices Market Size, By Country, 2015–2022 (USD Million)
Table 67 Asia-Pacific: NFC Juices Market Size, By Country, 2015–2022 (KT)
Table 68 Asia-Pacific: Pieces & Powders Market Size, By Country, 2015–2022 (USD Million)
Table 69 Asia-Pacific: Pieces & Powders Market Size, By Country, 2015–2022 (KT)
Table 70 Asia-Pacific: Fruit & Vegetable Ingredients Market Size, By Application, 2015–2022 (USD Million)
Table 71 Asia Pacific: Fruit & Vegetable Ingredients Market Size, By Application, 2015-2022 (KT)
Table 72 RoW: Fruit & Vegetable Ingredients Market Size, By Region, 2015–2022 (USD Million)
Table 73 RoW: Fruit & Vegetable Ingredients Market Size, By Region, 2015–2022 (KT)
Table 74 RoW: Concentrates Market Size, By Region, 2015–2022 (USD Million)
Table 75 RoW: Concentrates Market Size, By Region, 2015–2022 (KT)
Table 76 RoW: Pastes & Purees Market Size, By Region, 2015–2022 (USD Million)
Table 77 RoW: Pastes & Purees Market Size, By Region, 2015–2022 (KT)
Table 78 RoW: NFC Juices Market Size, By Region, 2015–2022 (USD Million)
Table 79 RoW: NFC Juices Market Size, By Region, 2015–2022 (KT)
Table 80 RoW: Pieces & Powders Market Size, By Region, 2015–2022 (USD Million)
Table 81 RoW: Pieces & Powders Market Size, By Region, 2015–2022 (KT)
Table 82 RoW: Fruit & Vegetable Ingredients Market Size, By Application, 2015–2022 (USD Million)
Table 83 RoW: Fruit & Vegetable Ingredients Market Size, By Application, 2015–2022 (KT)
Table 84 Acquisitions, 2010–2016
Table 85 Expansions & Investments, 2010–2016
Table 86 New Product Launches/Developments, 2010–2016
Table 87 Partnerships, Agreements, and Joint Ventures, 2010–2016
Table 88 Expansions & Investments, 2011–2016
Table 89 Acquisitions, 2011–2016
Table 90 New Product Launches, 2011–2016
Table 91 Partnerships, Agreements, and Joint Ventures , 2011–2016

List of Figures

Figure 1 Fruit & Vegetable Ingredients Market Segmentation
Figure 2 Research Design
Figure 3 Key Factors Influencing the Parent Industry
Figure 4 Top 5 Economies Based on GDP (PPP) are China, the U.S., India., Japan, and Germany (2015)
Figure 5 Middle-Income Population in Asia-Pacific is Projected to Grow and Account for the Largest Share in the Global Market By 2030
Figure 6 GDP (PPP) of Top Economies, 2015
Figure 7 Pre-Processing Equipment in Fruits & Vegetables Market Size, 2014 (USD Million)
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Market Size Estimation Methodology: Top-Down Approach
Figure 10 Data Triangulation
Figure 11 Assumptions of the Study
Figure 12 Fruit & Vegetable Ingredients Market Growth Trend, 2017 vs 2022
Figure 13 Fruit & Vegetable Ingredients Market, By Category, 2017 vs 2022
Figure 14 Concentrates Segment to Dominate the Global Fruit & Vegetable Ingredients Market, By Type, 2017–2022 (KT)
Figure 15 Food and Vegetable Ingredients Market, By Region: Asia-Pacific is Projected to Be the Fastest-Growing Market During the Forecast Period
Figure 16 Major Players Adopted Acquisitions as the Key Strategy From 2011 to 2016
Figure 17 Emerging Markets With Promising Growth Potential, 2017–2022
Figure 18 Beverages Segment is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 19 Concentrates Segment Accounted for Largest Share in the Asia-Pacific Fruit & Vegetable Ingredients Market, 2016
Figure 20 China to Grow at Highest CAGR in Fruit & Vegetable Ingredients Market, 2017–2022
Figure 21 Developed Markets to Dominate & Developing Markets Show Strong Growth Opportunities During the Forecast Period
Figure 22 Fruit & Vegetable Ingredients Market is Projected to Experience Strong Growth in the Asia-Pacific Region
Figure 23 European Market is Expected to Grow at A Declining Rate
Figure 24 Fruit & Vegetable Ingredients Market Segmentation
Figure 25 Fruit and Vegetable Ingredients Market: Drivers, Restraints, Opportunites and Challneges
Figure 26 Value Chain Analysis: Major Value is Added During Manufacturing & Material Sourcing
Figure 27 Supply Chain: Multi-Model Distribution System Used By Prominent Players
Figure 28 Porter’s Five Forces Analysis
Figure 29 Fruit & Vegetable Ingredients Market, By Type, 2017 vs 2022 (USD Million)
Figure 30 Fruit & Vegetable Ingredients Market, By Type, 2017 vs 2022 (KT)
Figure 31 Global Fruit & Vegetable Ingredients Market, By Type, Y-O-Y Growth, 2016–2022
Figure 32 Concentrates Market, By Region, Y-O-Y Growth, 2016–2022
Figure 33 Pastes & Purees Market, By Region, Y-O-Y Growth, 2016–2022
Figure 34 NFC Juices Market, By Region, Yoy Growth, 2016–2022
Figure 35 Pieces & Powders Market, By Region, Yoy Growth, 2016–2022
Figure 36 Fruit & Vegetable Ingredients Market Size, By Application, 2017 vs 2022 (USD Million)
Figure 37 Beverages Market Size, By Region, 2017 vs 2022 (KT)
Figure 38 Confectionery Products Market Size, By Region, 2017 vs 2022 (KT)
Figure 39 Europe is Projected to Account for the Largest Share in the Market for Dairy Products in Terms of Value By 2022
Figure 40 Fruit & Vegetable Ingredients Market, By Category, 2017 vs 2022 (USD Million)
Figure 41 Geographic Snapshot : Markets in Asia-Pacific are Emerging as New Hotspots
Figure 42 North American Fruit & Vegetable Ingredients Market Snapshot: the U.S. is Projected to Be the Global Leader Between 2017 to 2022
Figure 43 European Fruit & Vegetable Ingredients Market Snapshot: Poland is the Most Lucrative Market
Figure 44 Asia-Pacific Fruit & Vegetable Ingredients Market Snapshot: China is the Most Lucrative Market
Figure 45 Expansions & Investments: Current Approach of Leading Fruit & Vegetable Ingredients Market Players
Figure 46 Portfolio Strengthening Through Developments
Figure 47 Acquisitions : the Key Strategy, 2010–2016
Figure 48 Geographic Revenue Mix of Top Five Market Players
Figure 49 Agrana Group: Company Snapshot
Figure 50 Archer Daniels Midland Company: Company Snapshot
Figure 51 Olam International Ltd.: Company Snapshot
Figure 52 Sensient Technologies Corporation: Company Snapshot
Figure 53 Kerry Group PLC: Company Snapshot
Figure 54 Sunopta, Inc.: Company Snapshot
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Agrana Group
  • Diana Group S.A.S.
  • Döhler
  • Kerry Group PLC
  • Olam International Ltd.
  • Sunopta, Inc.
  • MORE

The market for fruit and vegetable ingredients is projected to reach USD 216.03 Billion by 2022, at a CAGR of 5.8% from 2017. The market is driven by factors such as increasing demand for snacks & convenience food and beverages due to changing consumer preferences. Furthermore, factors such as increasing disposable income and rapid urbanization have also increased the demand for fruit & vegetable ingredients. The high growth potential in emerging markets and untapped regions provides new growth opportunities for market players.

The fruit and vegetable ingredients market is segmented on the basis of type into concentrates, pastes & purees, NFC juices, and pieces & powders. The concentrates dominated the fruit and vegetable ingredients market owing to the larger demand from the fruit juice industry and other prepared food products. The second-largest type for fruit and vegetable ingredients is pieces & powders. The use of fruit & vegetable ingredients in pieces & powders form in various processed food products has increased globally.

Based on applications, the fruit and vegetable ingredients market is segmented into beverages, confectioneries, R.T.E., bakery, soups & sauces, dairy products , and other applications such as dips, spreads, dressings, toppings, and puddings.  Among the applications of fruit & vegetable ingredients, beverages accounted for the largest market share, followed by confectionery products, R.T.E. products, bakery products, soups & sauces, and dairy products. The demand for snacks & convenience food is expected to rise due to changing dietary patterns of consumers due to the changing consumer lifestyle.

Based on category, the fruit and vegetable ingredients market is segmented into fruits and vegetables. The fruit segment dominated the fruit and vegetable ingredients market due to producers, reliance on this segment owing to its functional benefits, and the cost efficiencies involved.

On the basis of region, the fruit and vegetable ingredients market is segmented into North America, Europe, Asia-Pacific, Latin America, and the Rest of the World (RoW). Europe, especially the U.K., is the largest consumer of fruit & vegetable ingredients, thus accounting for the largest share in the fruit & vegetable ingredients market, followed by North America and Asia-Pacific. The Asia-Pacific region is projected to be the fastest-growing market with investments from key players in the market, especially in China and India, due to their large fruit & vegetable ingredients production, low-cost labor, and lower fruit & vegetable ingredients prices.

However, increasing instances of unfair trade practices such as adulteration are expected to restrain the market growth. Though the prices of fruit & vegetable ingredients are highly volatile and vary across different regions, the market is expected to grow at a significant rate.

The fruit and vegetable ingredients market is consolidated and competitive, with a few market players operating at regional and local levels. The key players in the market adopted expansions and investments as their preferred growth strategies. Key players include Archer Daniels Midland Company (U.S.), Kerry Group plc (Ireland), AGRANA Group (Austria), Döhler (Germany), SunOpta, Inc. (Canada), and Olam International Limited (Singapore). Other players include DIANA Group S.A.S. (France), SVZ International BV (Netherlands), Sensient Technologies Corporation (U.S.), and SensoryEffects Ingredient Solutions (U.S.)., which also have a strong presence in the global fruit and vegetable ingredients market.

Note: Product cover images may vary from those shown
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  • Agrana Group
  • Archer Daniels Midland Company
  • Diana Group S.A.S.
  • Döhler
  • Kerry Group PLC
  • Olam International Ltd.
  • SVZ International B.V.
  • Sensient Technologies Corporation
  • Sensoryeffects Ingredient Solutions
  • Sunopta, Inc.
Note: Product cover images may vary from those shown
6 of 4
Note: Product cover images may vary from those shown
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