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

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

Fruit Preparations are products made from fruit, sugar, etc. as the main raw materials after pretreatment, cooking, beating, ingredients, concentration, packaging and other processes. They can be used to make cakes or brew drinks, etc., including fruit fillings, jams, etc. Available in aseptic or frozen depending on product.

Market Overview:

The latest research study on the global Fruit Preparations market finds that the global Fruit Preparations market reached a value of USD 3292.47 million in 2022. It’s expected that the market will achieve USD 4488.4 million by 2028, exhibiting a CAGR of 5.3% during the forecast period.

Fruit Preparations Growth Drivers

With the increase of the aging population and the increase of chronic diseases, people are more and more concerned about dietary health issues, and the preference for fruits is increasing. In particular, trade exchanges, the continuous enrichment of fruit varieties and the increase in people's consumption capacity will drive the demand for fruit preparations. Fruit contains many naturally occurring antioxidants, so it is a good choice for consumers looking for protection from free radical damage, and avoiding chronic diseases associated with the aging process is a powerful motivator for choosing fruit-containing products. Fruit preparations contain vitamins, minerals, and beneficial nutrients that help boost the immune system and help limit cell damage in the body. As the emphasis on health increases, the market demand for fresh fruit preparations will increase.

Fruit Preparations Market Challenges

There is a phenomenon of homogeneity in the development of fruit preparation, including jams, fruit fillings and other products, which are generally featured fruit selling points, which will make the market competition more intense and make it more difficult for enterprises to compete. The development of homogeneity is not conducive to the healthy development of the industry, and even brings the possibility of vicious competition. The implementation of the differentiation strategy is conducive to increasing the added value of products, such as the advancement of fresh-keeping technology, unique fruit selling points, nutrition retention technology, etc. It can even improve efficiency in terms of the convenience of product sales channels. The implementation of differentiation strategy is a big challenge for enterprises.

Fruit Preparations Market Restraints

The production cost of synthetic chemicals in artificial fragrances is usually lower than the cost of finding natural products. In order to reduce production costs, some food manufacturing companies will choose synthetic fruit flavors instead of fruit preparation, because some food processing only needs the taste and aroma of fruit, not the taste and nutrition of fruit, such as fruit candy, so fruit preparation will appear more expensive. Synthetic fruit flavors will limit the growth of the fruit preparation market to some extent.

Region Overview:

Europe had the highest growth rate of all regions.

Company Overview:

The top three companies are AGRANA, Smucker and ZENTIS with the revenue market share of 33.67%, 13.06% and 9.16% in 2021.

AGRANA Group is a processor of agricultural raw materials worldwide. The Company operates in three segments: Sugar, Starch, and Fruit. The Sugar segment processes sugar beet, refines raw sugar, and offers a range of sugar and sugar specialty products, and fertilizers, as well as produces animal feedstuffs.

Smucker Company is engaged in manufacturing and marketing of food and beverage products. The Company's segments include U.S. Retail Pet Foods, U.S. Retail Coffee, and U.S. Retail Consumer Foods.

Segmentation Overview:

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

Application Overview:

By application, the Supermarkets segment occupied the biggest share from 2017 to 2022.

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

BINA
AGRANA
ZUEGG
Valio Ltd
ZENTIS
ShangHai YiFang Rural Technology
Barker
Caldic
Frulact
Hero
Smucker
Cargill
EFCO
Ligao Foods
Fresh Food Industries
Fruit Fillings
Fourayes
Darbo

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

Jams
Filling
Others

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

Supermarkets
Independent Retailers
Convenience Stores
Specialty Stores

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)