Latin America Processed Superfruits Market

Latin America Processed Superfruits Market Growth and Forecast (2023 - 2028):

Latin America Processed Superfruits Market was worth USD 4.44 billion in 2022 and estimated to be growing at a CAGR of 5.6%, to reach USD 5.83 billion by 2028.

Market Overview:

Superfruit is a marketing term used to increase the sale of some special fruits that have extra nutritional benefits when compared to other fruits.

Drivers and Restraints:

Growth of the global processed superfruits market is expected to be driven by an increasing demand for antioxidant-rich superfruits. Consumer inclination towards natural food products such as frozen fruits and an increasing demand for ready-to-eat (RTE) foods and ready-to-drink (RTD) beverages is further likely to boost market growth. The multiple uses of superfruits as natural food colouring, natural food flavouring, and other purposes besides dietary food and functional ingredients is another key driver for the growth of the global processed superfruits market. However, high costs associated with the production, processing, and preservation of processed superfruits and a lack of consistency in terms of superfruits flavour is likely to pose challenges and restrict the growth of the processed superfruits market over the forecast period. 

Latin America Processed Superfruits Market Segmentation Analysis:

Latin America Processed superfruits Market Segmentation by form, application and region. By Form the market is classified into Liquid, frozen, powder and canned. Powder form is expected to dominate the market followed by the liquid form. By application the market is analyzed under food, beverages and cosmetics. Beverages application accounts for a major share of the market.

Region Analysis:

Geographically the Latin America Processed Superfruits Market is segmented into Brazil, Mexico, Argentina, Chile and Rest of Latin America.

Key Players in the Market:

Major Key Players in the Latin America Processed Superfruits Market are

• Symrise AG
• SunOpta Inc
• Kerry Group plc
• Agrana Beteiligungs-AG
• Del Monte Pacific Limited
• Ocean Spray Cranberry Inc
• PepsiCo, Inc
• Dabur India Ltd
• Uren Food Group Limited
• Frutarom Industries Ltd