Asia Pacific was the largest market for fruit concentrates in 2014 followed by North America and Europe. China dominates globally in the apple concentrates market while India is dominating the mango concentrate market with highest exports. The increasing demand for healthy and natural foods and safety concerns with respect to processed products drive the market. Asia Pacific is expected to be one of the fast growing market for apple fruit concentrate.
Asia-Pacific fruit concentrate market is expected to grow at the CAGR of 6.95% to reach an estimated value of around $13.97 billion by 2023 from $10.44 billion in 2018.
Fruit concentrates are fruit juices but stronger which comes under beverage industry and are used to make fruit juices and nectar. Juice concentrates can be frozen and stored which increases the amount of time it will stay fresh after purchasing. With a high convenience in shipping and transportation, fruit concentrates are readily available.
The fruit concentrates preserve the natural flavour and colour, making it taste like a fresh juice. With a greater shelf life and a ready-made facility, fruit concentrates are attracting the customers.
In ASPC, with an increasing awareness about the ill effects of alcoholic beverages, people are resorting to fruit juices and fruit concentrates which are much healthier. Especially, the fruit concentrate market is mainly driven due to the interest shown by the consumers in ready-made concentrates. But with the high calories containing additive sugars, diabetic patients are refraining from its purchase, decreasing the sales.
The fruit concentrate market in ASPC is segmented based on fruit types like orange, apple, pineapple, banana etc. and also on the basis of application which includes dairy products, juices, squash, soft drinks, frozen products and baby food. Among the fruit type different geographical segment have different leading market and in application type, juice segment is expected to occupy the largest position.
Leading companies are Kerry Group Plc., AGRANA group, Dohler group, Coca Cola’s minute maid, Capricon, Oceanaa, Acerola, Cherimoya, Lychee and starfruit.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 New Developments
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 By Fruit Type
5.1.1 Orange
5.1.2 Apple
5.1.3 Pineapple
5.1.4 Banana
5.1.5 Other Fruits
5.2 Application
5.2.1 Dairy Products
5.2.2 Juices
5.2.3 Squash
5.2.4 Soft Drinks
5.2.5 Frozen Products
5.2.6 Baby Food
6. Geographical Analysis
6.3 Asia-Pacific
6.1 Introduction
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Kerry Group Plc.
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Strategic Evaluation and Operations
8.1.4 Financial analysis
8.1.5 Legal issues
8.1.6 Recent Developments
8.1.7 SWOT analysis
8.1.8 Analyst View
8.2 AGRANA group
8.3 Dohler group
8.4 Coca Cola’s minute maid
8.5 Capricon
8.6 Oceanaa
8.7 Acerola
8.8 Cherimoya
8.9 Lychee
8.10 Starfruit
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Expert Opinions
10.1 Market Outlook
10.2 Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
