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

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

Market Overview:

The latest research study on the global First Transformation Products market finds that the global First Transformation Products market reached a value of USD 2782.1 million in 2022. It’s expected that the market will achieve USD 3326.0 million by 2028, exhibiting a CAGR of 3.02% during the forecast period.

Agrana buys 49% stake in Algerian company Elafruits

Austrian food company Agrana has acquired a 49% stake in Algeria-based fruit preparations producer Elafruits for an undisclosed sum.
The acquisition is expected to enable Agrana to expand its presence in the African market.

AGRANA Fruit expands into India through acquisition

Austrian fruit ingredient company AGRANA Fruit, part of the AGRANA Group, has acquired a fruit processing plant from the Indian company Sai Krupa Fruit Processing Pvt. Ltd.

SunOpta Expands Organic Oils Portfolio with Acquisition of Sanmark B.V.

SunOpta Inc. announced it has signed a definitive agreement to acquire the shares of Sanmark B.V. The acquisition closed contemporaneously with the execution of the definitive agreement.
Sanmark is a growing sourcing and trading business focused on organic oils for the food, pharmacy, and cosmetic industries. Sanmark sources raw materials globally and generates most of its sales into the European and Asia-Pacific markets.

Region Overview:

Europe is projected to account for a considerable share of the First Transformation Products market and is expected to become the largest region by 2028.

Company Overview:

Agrana Beteiligungs AG is one of the major players operating in the First Transformation Products market, holding a share of 15.2% in 2023.

Agrana Beteiligungs AG

Agrana Beteiligungs AG produces fruit preparations for the dairy industry. The Company's products include fruit preparation, fruit base, sugar and starch products. Agrana operates factories throughout Austria, Hungary, Germany, Czech Republic and Slovakia.

Zuegg SpA

Zuegg S.P.A. provides food products. The Company offers jams, juices, snacks, and other packaged fruits products. Zuegg serves customers in Italy.

Segmentation Overview:

By type, Puree/Cremogenated segment accounted for the largest share of market in 2022.

Puree/Cremogenated

The definition of a fruit puree is a fruit or that has been cooked, ground, pressed, blended or sieved until it reaches the consistency of a creamy paste or liquid. Due to its high concentration, it may provide more calories than normal fruits, but the levels of vitamins, minerals and beneficial nutrients are the same. Fruit purees and fruits also provide antioxidants that help strengthen the immune system and help limit cell damage in the body. Fruit puree can be used in a variety of different applications, one of which is also a very popular use and is a very popular use.

Pieces

Fruit pieces are a form of fruit after initial processing and are usually stored frozen. Further processing can be made into candied fruit, canned fruit, or used in dairy products, beverages and other products.

Powder

The shelf life of fruit powder is usually very long, can be used to add flavor and color to the frosting, and can also be used to add natural flavor to the filling and fruit bowl. The fruit powder has many uses. They are also very suitable for adding batter, sweets, nutrition bars and more.

Application Overview:

By application, the Dairy segment occupied the biggest share from 2018 to 2022.

Key Companies in the global First Transformation Products market covered in Chapter 3:

Zentis
SunOpta Inc.
Fourayes
Zuegg SpA
Tree Top
Cargill
SVZ International BV
ShangHai YiFang Rural Technology
Andros
Frulact
Agrana
Valio Ltd

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

Puree/Cremogenated
Pieces
Powder

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the First Transformation Products market from 2018 to 2029 covers:

Dairy
Baby Food
Beverages
Jams/Marmelades
Bakery
Ice-cream
Confectionary

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)