Asia Pacific Fruit And Vegetable Ingredients Market By Category (Fruit And Vegetables), Type (Concentrates, Pastes & Purees, NFC Juices, And Pieces & Powders), Application (Beverages, Confectionery, RTE, Bakery, Soups & Sauces, Dairy Products) and By Country (India, China, Japan, South Korea, Australia, New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore and Rest of APAC) – Size, Share, Trends, Growth, Forecast (2023 – 2028)

Updated On: January, 2024
ID: 2535
Pages: 145

Asia Pacific Fruit and Vegetable Ingredients Market Growth and Forecast (2023 - 2028):

Asia Pacific Fruit and Vegetable Ingredients Market was worth USD 36.45 billion in 2022 and estimated to be growing at a CAGR of 6.7%, to reach USD 50.41 billion by 2028. Vegetables and organic products contain different minerals and vitamins which are useful for wellbeing. They include vitamin A, C and E, Zinc, phosphorus, magnesium and folic acid.

Market Overview:

Fruit and Vegetables are fundamental components of a solid eating routine, and their considerable day by day utilization could help counteract ailments. Around 1.7 million deaths over the world have occurred because of low consumption of Fruit and vegetables.

Drivers and Restraints:

The growth of the Asia-Pacific Fruit and Vegetable Ingredients Market is mainly driven by factors such as expanding utilization of confectionary, pastry kitchen and dairy items and the exponential development in the refreshment and processed Fruit industry. Increasing health consciousness of consumers and rising availability of disposable incomes in the Asia-Pacific region is a major driving factor. The seasonal variation of raw material availability is major restraint on the growth of the market.

Asia Pacific Fruit and Vegetable Ingredients Market Segmentation Analysis:

The Asia-Pacific Fruit and Vegetable Ingredients market is segmented on the basis of category which includes Fruit and Vegetables, by the type of ingredients the Asia-Pacific Fruit and vegetable ingredients market is segregated into concentrates, pastes and purees, not from concentrates (NFC), and pieces and powders. On the basis of applications, the Asia-Pacific Fruit and vegetable ingredients industry can be segmented into confectionary products, beverages, and bakery products, ready to eat products, sauces and soups, dairy products, and others which include spreads, dips, toppings, dressings and puddings.

Geographical Analysis:

Geographically the Asia Pacific Fruit and Vegetable Ingredients Market is segmented into India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia. Asia-Pacific is predicted to grow with the highest CAGR during the forecast period. Factors such as growing white collar populace and rising awareness about the health impacts of Fruit and vegetable consumption are anticipated to lead the growth of the market in this region.

Key Players in the Market:

Major key Players in the APAC Fruit and Vegetable Ingredients Market are

  • Archer Daniels Midland (U.S.)
  • Agrana Group (Austria)
  • Dohler Group (Germany)
  • Kerry (Ireland)
  • SunOpta (Canada)
  • SVZ International (The Netherlands)
  • Olam International (Singapore)
  • Diana S.A.S (France)
  • SensoryEffects Ingredient Solutions (U.S.)
  • Sensient Technologies (U.S.)

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