Fruit concentrates are fruit juices with stronger concentration and are widely used in beverage industry to make fruit juices and nectar. With its easy to store nature, it is convenient in shipping and transporting. Also, it is attracting people by being available at an attractively cheaper price.
Middle-East and African fruit concentrate market is expected to grow at a CAGR of 6.3% and is expected to reach $3.54 billion by 2023 from $2.6 billion in 2018. Middle East and Africa have a lot of empty land which can be used for plantation of fruits and vegetables. Support from government will also fuel the growth of the market.
Fruit concentrates generally substitute sugar in various food items such as cakes, juices, chocolates and others by acting as natural sweeteners. They can be substituted with fresh fruit juices due to its longer shelf life and ready-to-make nature.
The advantages like easy storage, larger shelf-life and cheaper price is attracting the customers, which is driving the sales and market growth. But due to the diabetes epidemic that’s spreading in the countries, the sales are said to get affected, limiting the market growth.
The fruit concentrate market in ME & Africa 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. Based on geography, Middle-East & Africa market is segmented as Saudi Arabia, UAE, Israel and others.
Major companies in the market 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
6.1 Introduction
6.2 Middle-East
6.3 Africa
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
