Global Fruit Concentrate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Fruit Concentrate Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Juice concentrate is fruit juice from which most of the water has been extracted. Depending on the type, it may offer some essential nutrients, including vitamins and minerals. Water occupies more than 90% of juice. After the water is removed from the juice, a thick syrupy product can be obtained, called a juice concentrate. Extracting water can reduce the growth of bacteria, which means that the concentrate is not as prone to spoilage like juice. This process also reduces packaging, storage and transportation costs. Most concentrates are filtered, evaporated and pasteurized, but some may also contain additives. Concentrated fruit juice is usually made by removing water from crushed or squeezed fruit. Additives are usually used to increase flavor and prevent deterioration.

Market Overview:

The latest research study on the global Fruit Concentrate market finds that the global Fruit Concentrate market reached a value of USD 17847.88 million in 2022. It’s expected that the market will achieve USD 24841.1 million by 2028, exhibiting a CAGR of 5.66% during the forecast period.

The residents' health awareness has changed and the incidence of obesity and other diseases has increased.

As the number of health-conscious consumers increases, the demand for organic foods will increase as the demand for fruit concentrates will also increase. In addition, athletes' strong demand for beverages and foods to maintain weight and health will increase product adoption. Increased competitiveness among manufacturers in product innovation and the progress of new players can create a new form of industrial development. The growing demand for natural sweeteners, flavoring agents and natural colors in the food industry is driving the growth of the concentrated fruit market. Concentrated fruits allow shoppers to taste seasonal fruits that are not available in the off-season and throughout the year. In addition, due to the increase in obesity and diabetes and other diseases, the demand for natural foods has increased, which has promoted the growth of the fruit concentrate market. According to the World Health Organization, approximately 422 million people will suffer from diabetes in 2020, which promotes the growth of the fruit concentrate market.

The price of raw materials has risen.

In the context of rising commodity prices, the prices of most fruits are also rising. The increase in fruit prices has led to an increase in the production cost of fruit concentrates, putting greater pressure on fruit concentrate manufacturers. If the manufacturer raises the price of the product, it may cause problems such as loss of customers. If the manufacturer maintains the original price, it may reduce profits. Manufacturers of fruit concentrates need to reasonably grasp the relationship between production costs and product prices under the trend of rising raw material prices. Solving the impact of rising raw material prices is a challenge for fruit concentrate manufacturers, and it is one of the problems that fruit concentrate manufacturers need to solve.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview:

Sudzucker is one of the major players operating in the Fruit Concentrate market, holding a share of 4.83% in 2022.

Sudzucker

Südzucker Group (Sudzucker) is product portfolio includes sugar and specialty sugar products, food ingredients, frozen and chilled pizzas, starch saccharification products, portion-pack articles, ethanol, animal feed, as well as fruit preparations and fruit juice concentrates.

Kerry Group

Kerry Group plc is a public food company headquartered in Ireland. The Group is divided into several business areas: ingredients and flavours, consumer foods and agribusiness.

Segmentation Overview:

Among different product types, Orange segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Fruit Juice Industry, with a market share of 32.64% in 2021.

Key Companies in the global Fruit Concentrate market covered in Chapter 3:

Iprona SpA
Döhler
T.B. Fruit
Shaanxi Hengtong Fruit Juice & Beverage Group Co., Ltd
ADM
UEFCON
Kerry Group
MisrItaly Group
Sudzucker
Juhayna Food Industries
Ingredion, Inc.
SVZ
Lemon Concentrate S.L.
Faragalla
Shandong Andre Group Co.,ltd.
China Haisheng Juice Holdings Co. Ltd.
Al Shams Agro Group
SDIC Zhonglu Fruit Juice Co., Ltd.

In Chapter 4 and Chapter 14.2, on the basis of types, the Fruit Concentrate market from 2018 to 2029 is primarily split into:

Apple
Pomegranate
Orange
Grape
Tomato
Strawberry
Mango
Peach
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Fruit Concentrate market from 2018 to 2029 covers:

Ice Cream Industry
Dairy Industry
Fruit Juice Industry
Foodservice Industry
Bakery Industry
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)