Global Fruit And Vegetable Pulp Market Size study & Forecast, by Source (Fruit Pulp, Vegetable Pulp) by Application (Food, Animal Feed, Health & Wellness, Others), by Distribution Channel (B2B, B2C) and Regional Analysis, 2023-2030
Global Fruit And Vegetable Pulp Market is valued approximately USD 2.92 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6.4% over the forecast period 2023-2030. The Fruit and Vegetable Pulp Market encompasses the processing and commercialization of fibrous residues derived from fruits and vegetables, which are utilized as ingredients in various food and beverage products. the demand for natural and healthy food, the popularity of functional foods, the preference for natural ingredients has resulting in the adoption of fruit and vegetable pulp.. The Fruit and Vegetable Pulp Market is being driven by factors such as Rising popularity of functional foods and beverages and Growing food processing industry.
The expansion of the food processing industry globally is driving the demand for fruit and vegetable pulps. These pulps serve as essential ingredients in a wide range of food products, including sauces, soups, bakery items, baby foods, and frozen desserts. Thus with the rising consumption of fruit juices is favouring market growth. As per Agricultural and Processed Food Products Export Development Authority (APEDA) in year 2019, the per capita consumption of fruit juices across the world stood at USD 13.38 million which increased to USD 14.49 million in year 2022 and it is projected to reach at USD 14.89 million by year 2023. Thus, increasing revenue in fruit juices is driving the market growth. In addition to Technological advancements in pulp extraction and preservation and increasing preference for natural food colorants and flavors create lucrative opportunities for the market. However, the seasonal availability of fruits and vegetables may hinders the market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Fruit And Vegetable Pulp Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific dominated the market in 2022 owing = to factors such as increasing disposable incomes and urbanization, higher demand for convenient and healthy food and beverage products, . Europe is projected to registered significant growth owing to factors such as rising demand for ready to eat, rising demand for convince food, rising consumer disposable income in the region.
Major market player included in this report are:Keventer Group
Conagra Brands Inc.
Pepsico
ABC Fruits
Dohler GmBH
Agrana Group
Pursuit
Iprona AG
Kiril Mischeff Limited
Ingredion
Recent Developments in the Market:In March 2021, Nestlé launched Incoa, a chocolate made with cocoa fruit pulp in Europe. Incoa is made entirely from the cocoa fruit, not adding any refined sugar.
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Global Fruit And Vegetable Pulp Market Report Scope:Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Source, Application, Distribution Channel, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:By Source:
Fruit Pulp
Vegetable Pulp
By Application:
Food
Animal Feed
Health & Wellness
Others
By Distribution Channel:
B2B
B2C
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
Companies MentionedKeventer Group
Conagra Brands Inc.
Pepsico
ABC Fruits
Dohler GmBH
Agrana Group
Pursuit
Iprona AG
Kiril Mischeff Limited
Ingredion
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