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Tangerine Jam Market - Forecasts from 2021 to 2026

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    Report

  • March 2021
  • Region: Global
  • Knowledge Sourcing Intelligence LLP
  • ID: 5309013
The tangerine jam market is expected to grow at a compound annual growth rate of 4.23% over the forecast period to reach a market size of US$1,241.657 million in 2026 from US$923.235 million in 2019.

Tangerine Jam is a citrus flavored jam produced from fresh tangerines and are a hybrid fruit belonging to citrus fruit and is widely grown in tropical areas of Asia. They are widely consumed as a healthy diet especially by those people who face several health conditions such as clogged arteries, indigestion and asthma. Owing to the several nutritious value, the consumers are adding it to their daily diet including as dessert, breakfast or as the key ingredient in breakfast or any other food preparation

Tangerine Jam is a source of Vitamin C, Vitamin, calcium among other nutrition that offers health benefits and cause of this, it is in the great demand among children. The nutritional value of the tangerine jam is the biggest factor that is driving the market. The consumers are widely using as on toast, baked products, ice cream and puddings etc.

The increase in the use of social media and more individuals are signing up for it have led to celebrities and others using the platform to share the ideas for the application of tangerine jam and gaining popularity. New recipes are being innovated and shared among the people including the healthy recipes for children. These are increasing the demand of jam

As the disposable income is increasing, the consumers want to try new products and are willing to pay higher price for it. Consumers are also adopting the gourmet jams as an indulgent luxury and are even gifting it to others.

Tangerine jam market is facing various challenges, for instance, the growing trend of organic food and rising health awareness. The increase in the consciousness among the consumers in the choice of food and its nutritional value is predicted to impact the tangerine jam market. The manufactures are currently focusing on producing the tangerine jams with natural sweeteners like high fructose syrup and real fruit ingredient without artificial colors and flavors

The healthy and new product launches are gaining lot of popularity and also provides huge market opportunities for the key players in the tangerine jam market. The growth of the market can be attributed to the health-conscious consumers and parents. Many companies are currently focusing on the organic growth strategies and events such as product approval, product launch and patents to gain market share and increase their foothold in the forecasted period.

Healthy and Low-Sugar to hold a prominent market share

In terms of product types, the tangerine jam market is segmented to High Sugar Jam and Low Sugar Jam. The low sugar jam is anticipated to grow substantially in the coming years due to the rising health consciousness among the consumers. As tangerine jam has various health benefits, the consumers are adopting the jam in various product. For instance, the consumers including the children are consuming the tangerine jam in their breakfast or in the breakfast applications

The manufactures are focusing on the launching organic and healthy variety with low-carb and low-fat diet or that has low sugar or sugar free and low fat. In addition, they are even introducing natural and real fruits that is infused with special ingredient like honey, chia seeds, herbs and spices, among others.

Regional Analysis

The tangerine jam market has been analysed with respect to five regions: Asia Pacific, Middle East and Africa, North America, South America and Europe

Asia Pacific region is predicted to hold a major share of the tangerine market during the forecasted period due to rise in the consumption of the tangerine jam. The consumers are using the tangerine jam in various application of the food industry. This region is also observing the rise in tend of fitness and health awareness, the consumers are more conscious about the food that they consume. The manufactures are trying to keep up with the trend and are currently focusing in that region to launch healthy and organic products.

North America is observing the increase in demand for the convenient food that is leading to the expansion for the market of jam. The manufactures of North America are using sugar alternatives, like pectin and ripe and semi-ripe fruits with the motive to make the products tastier and more colourful. The market is also shifting from the normal sweet jam to other flavours such as sweet and smoky, sweet and tangy

Whereas, in Europe the market of tangerine jam is expected to grow and account for major share in the forecasted period due to the wide usage and adoption of the tangerine products include jam as jam is included in their traditional custom of eating.

Distribution Channel

By the distribution channel segment, the tangerine segment is divided into hypermarket/supermarket, grocery stores, online and others. The supermarket segment holds a larger market share as there is wide availability of different varieties and are easily accessible. But the online segment is seeing a rise in the demand for the tangerine jam, this is due to heavy discounts and the COVID-19 pandemic forced everyone to stay home where online was only source to order foods and other supplies. This upsurge of the online segment is forcing offline stores to shut across the globe

The rise in trend of social media is also driving the market of online segment as the companies are finding social media as heir platform to market their product while linking the online website to purchase for easy access.

Segmentation

By Type
  • High Sugar Jam
  • Low Sugar Jam

By Application
  • Ice-cream Industry
  • Dairy Industry
  • Baked product Industry
  • Others

By Distribution Channel
  • Hypermarkets/Supermarkets
  • Grocery Stores
  • Online
  • Others

By Geography
  • North America
  • USA
  • Canada
  • Mexico
  • South America
  • Brazil
  • Argentina
  • Others
  • Europe
  • Germany
  • Spain
  • United Kingdom
  • France
  • Others
  • Middle East and Africa
  • Saudi Arabia
  • South Africa
  • Others
  • Asia Pacific
  • China
  • Japan
  • Australia
  • India
  • Others

Note: This report will be delivered within 3 business days.
Frequently Asked Questions about the Tangerine Jam Market

What is the estimated value of the Tangerine Jam Market?

The Tangerine Jam Market was estimated to be valued at $923.24 million in 2019.

What is the growth rate of the Tangerine Jam Market?

The growth rate of the Tangerine Jam Market is 4.3%, with an estimated value of $1241.66 million by 2026.

What is the forecasted size of the Tangerine Jam Market?

The Tangerine Jam Market is estimated to be worth $1241.66 million by 2026.

Who are the key companies in the Tangerine Jam Market?

Key companies in the Tangerine Jam Market include The J.M. Smucker Co., Fruclact, Volpini, Döhler GmbH, Stonewall Kitchen, Agrana, Tiptree and Ingredion Incorporated.

Table of Contents

1. Introduction
1.1. Market Definition
1.2. Market Segmentation2. Research Methodology
2.1. Research Data
2.2. Assumptions3. Executive Summary
3.1. Research Highlights4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. The threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis

5. Tangerine Jam Market Analysis, By Type
5.1. Introduction
5.2. High Sugar Jam
5.3. Low Sugar Jam6. Tangerine Jam Market Analysis, By Application
6.1. Introduction
6.2. Ice-cream Industry
6.3. Dairy Industry
6.4. Baked product Industry
6.5. Others7. Tangerine Jam Market Analysis, by Distribution Channel
7.1. Introduction
7.2. Hypermarkets / Supermarkets
7.3. Grocery Stores
7.4. Online
7.5. Others8. Tangerine Jam Market Analysis, by Geography
8.1. Introduction
8.2. North America
8.2.1. North America Tangerine Jam Market Analysis, By Type
8.2.2. North America Tangerine Jam Market Analysis, By Application
8.2.3. North America Tangerine Jam Market Analysis, By Distribution Channel
8.2.4. By Country
8.2.4.1. United States
8.2.4.2. Canada
8.2.4.3. Mexico
8.3. South America
8.3.1. South America Tangerine Jam Market Analysis, By Type
8.3.2. South America Tangerine Jam Market Analysis, By Application
8.3.3. South America Tangerine Jam Market Analysis, By Distribution Channel
8.3.4. By Country
8.3.4.1. Brazil
8.3.4.2. Argentina
8.3.4.3. Others
8.4. Europe
8.4.1. Europe Tangerine Jam Market Analysis, By Type
8.4.2. Europe Tangerine Jam Market Analysis, By Application
8.4.3. Europe Tangerine Jam Market Analysis, By Distribution Channel
8.4.4. By Country
8.4.4.1. Germany
8.4.4.2. Spain
8.4.4.3. United Kingdom
8.4.4.4. France
8.4.4.5. Others
8.5. The Middle East and Africa
8.5.1. Middle East and Africa Tangerine Jam Market Analysis, By Type
8.5.2. Middle East and Africa Tangerine Jam Market Analysis, By Application
8.5.3. Middle East and Africa Tangerine Jam Market Analysis, By Distribution Channel
8.5.4. By Country
8.5.4.1. Saudi Arabia
8.5.4.2. South Africa
8.5.4.3. Others
8.6. Asia Pacific
8.6.1. Asia Pacific Tangerine Jam Market Analysis, By Type
8.6.2. Asia Pacific Tangerine Jam Market Analysis, By Application,2020 to 2025
8.6.3. Asia Pacific Tangerine Jam Market Analysis, By Distribution Channel
8.6.4. By Country
8.6.4.1. China
8.6.4.2. Japan
8.6.4.3. Australia
8.6.4.4. India
8.6.4.5. Others9. Competitive Environment and Analysis
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix10. Company Profiles
10.1. The J.M. Smucker Co.
10.2. Fruclact
10.3. Volpini
10.4. Döhler GmbH
10.5. Stonewall Kitchen
10.6. Agrana
10.7. Tiptree
10.8. Ingredion Incorporated

Companies Mentioned

  • The J.M. Smucker Co.
  • Fruclact
  • Volpini
  • Döhler GmbH
  • Stonewall Kitchen
  • Agrana
  • Tiptree
  • Ingredion Incorporated

Methodology

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