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North America Fruit Concentrate Market By Fruit Type (Orange, Apple, Pineapple, Banana And Others) By Application (Dairy Products, Juices, Squash, Soft Drinks, Frozen Products And Baby Food), And By Country (US, Canada and Rest of North America) - Growth, Size, Share, Trends, and Forecasts 2022 to 2027

Published: January, 2022
ID: 424
Pages: 145

North America Fruit Concentrate market Analysis:

North America Fruit Concentrate market is worth $ xx million in 2021 and is expected to grow to $ xx million by the end of 2026 with a compound annual rate of xx% between 2021 and 2026

Product Description:

Fruit concentrates are prepared by extracting the moisture content of ripe fruits, leaving a rich fruit pulp that is used as a fruit concentrate in the preparation of fruit juices and sorbets. The fruit is concentrated by extracting water, making it easy and inexpensive to transport, store and transport. They act as natural sweeteners and are also used to produce natural food coloring and a variety of sweets and desserts. Manufacturers widely use fruit concentrates in a variety of food products, allowing their customers to receive these products in their natural form. Fruit concentrates are available in liquid concentrate, pureed concentrate, frozen concentrate, clear concentrate, and powder concentrate. Fruit concentrates can be removed by certain percentage of natural moisture which is found in fruits. They retain their sugar and calorie content, but lose fiber, volume, and vitamin C. The low volume of fruit concentrate makes storage, storage, transportation, and transportation costs low. In the food and beverage industry, fruit concentrates are used as natural flavors in a variety of applications, and they are also used to prepare natural fruit juices by reconstituting fruit concentrates in water.

Market Growth

The North America Fruit Concentrate market is expected to grow significantly during the forecast period due to increased demand for healthy foods and increased concerns about food safety.

Drivers

The demand for North America Fruit Concentrate is increasing in the end-use industry because it is cheaper than fresh-squeezed juice. The packaging and transportation of fruit concentrate is also convenient. Furthermore, the consumption of concentrated fruits in North America is increasing in the soft drink industry due to the development of various fruit flavored products. The increasing popularity of non-alcoholic beverages and fruit-based products due to taste and nutritional benefits is expected to accelerate the growth of the North America market for fruit concentrates. Fruit concentrates are also included as added sugars and natural sweeteners in foods such as confectionery, breakfast cereals and confectionery, driving the growth of the North America market for fruit concentrates. Fruit juices and flavors are very popular and very popular in almost all regions of the North America. Fruit concentrate is applied in a variety of industries and products. Factors driving the North America Fruit Concentrate market are reduced logistics and storage costs, high demand in the beverage market, the use of sugar substitutes in the bakery sector, consumer trends and changes in food preferences. In addition, the growth of the food and beverage industry has driven the North America Fruit Concentrate market due to the growing trend of healthy foods. Fruit concentrate allows you to taste seasonal fruits throughout the year that are not available out of season. These properties of fruit concentrates can increase the demand for concentrated fruits made from fruits that are rarely grown. The increasing demand for health-related products has led to an increase in market demand for fruit concentrates around the North American region. Increasing health awareness among consumers in all regions has led consumers to demand fruit-based beverages. Additionally, the lively lifestyle of customers has led to demand for easy-to-consume foods and beverages, resulting in an increase in the production of healthy and beneficial beverages. In addition, the accelerated consumption of fruit juices in the food industry to prepare sports drinks, flavored water, beer mixes, syrups, spirits, fruit wines and ciders is expected to lead the market for North America Fruit Concentrate in the forecast period. Along with rising disposable income, changes in consumer preferences for packaged and convenience foods are expected to drive the North America Fruit Concentrate market. The rapid increase in the urban population and the busy lifestyle will lead to an increase in demand for ready-to-eat products during the forecast period. Since certain seasonal fruits are not available, shifting consumption to more refined fruit concentrates instead of natural fruit juices will support the development of the industry. As the demand for organic food increases due to the increasing number of health-conscious consumers, the demand for North America Fruit Concentrate will increase. Product sales will increase as demand for baby food and powdered milk increases due to the high content of essential vitamins and nutrients. Additionally, high demand for healthy drinks and shakes among athletes to maintain weight and fitness will drive the North America Fruit Concentrate product adoption. Fruit concentrates can be a convenient and inexpensive replacement for fresh fruit, and the demand is high among city dwellers due to the growing demand for healthy and convenient foods. The growing demand for natural sweeteners, flavors and natural colors in the food industry has driven the growth of the North America Fruit Concentrate market. The growing consumption of fruits has focused on the production of homemade juices, and flavored foods such as smoothies, yogurts, sorbets, etc. they have fed the consumption of North America Fruit Concentrate. Increasing demand for changing lifestyles, increasing urbanization, healthy and convenient food, and increasing disposable income are key drivers of the North America Fruit Concentrate market growth. The North America market for fruit concentrates is growing as demand for pureed concentrates as sweeteners for baby food and snacks increases.

Restraints

The main limitations of the North America Fruit Concentrate market are the awareness of the adverse effects of excessive consumption of fructose, the benefits offered by fresh fruit as a whole are different from that of concentrated fruit and the market for fruit concentrates depends on production of fruits. Fresh fruits are always better to consume than concentrated fruits, because concentrated fruits contain excess fructose, high fructose consumption has a negative effect, and the production of fruit concentrates depends on the production of fruits. These factors hinder the growth of the North American market for fruit concentrates.

Market Segments

According to the type of fruit, the North America Fruit Concentrate market has been segmented into Apple, Orange, Banana, Pineapple and Others.

By application, the North America Fruit Concentrate market is segmented into juices, dairy, soft drinks, frozen, zucchini and baby food.

Impact of COVID 19 on the North America Fruit Concentrate Market

The COVID 19 pandemic has disrupted the North America Fruit Concentrate supply chain. The impact of the epidemic on the food system especially in China, has caused a loss of market demand. Social distancing and home maintenance orders are further closing restaurants and food chains, negatively impacting the North America Fruit Concentrate market.

Regional Analysis

The world market for fruit concentrates is mainly dominated by North America, which has the highest market share, and the North America Fruit Concentrate market growth is constantly increasing. The North American market for fruit concentrates is dominated by the United States. Increasing demand for convenience products by Canadians and Mexicans, as well as a greater awareness of the adverse effects of sugar, are driving the growth of North America Fruit Concentrate in the region.

Top Leading Company

The key players operating in the North America Fruit Concentrate market are Kerry Group Plc., Capricon, AGRANA Group, Cherimoya, Acerola, Dohler Group, Oceanaa, Starfruit, Coca Cola’s Minute Maid and Lychee.

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 United States

                                6.3 Canada 

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              

 

  1. North America Fruit Concentrate Market By Region, From 2022 - 2027 (USD Billion)
  2. North America Fruit Concentrate Market By Fruit Type, From 2022 - 2027 (USD Billion)
  3. North America Orange Market By Region, From 2022 - 2027 (USD Billion)
  4. North America Apple Market By Region, From 2022 - 2027 (USD Billion)
  5. North America Pineapple Market By Region, From 2022 - 2027 (USD Billion)
  6. North America Banana Market By Region, From 2022 - 2027 (USD Billion)
  7. North America Other Fruits Market By Region, From 2022 - 2027 (USD Billion)
  8. North America Fruit Concentrate Market By Application, From 2022 - 2027 (USD Billion)
  9. North America Dairy Products Market By Region, From 2022 - 2027 (USD Billion)
  10. North America Juices Market By Region, From 2022 - 2027 (USD Billion)
  11. North America Squash Market By Region, From 2022 - 2027 (USD Billion)
  12. North America Soft Drinks Market By Region, From 2022 - 2027 (USD Billion)
  13. North America Frozen Products Market By Region, From 2022 - 2027 (USD Billion)
  14. North America Baby Food Market By Region, From 2022 - 2027 (USD Billion)
  15. United States Fruit Concentrate Market By Fruit Type, From 2022 - 2027 (USD Billion)
  16. United States Fruit Concentrate Market By Application, From 2022 - 2027 (USD Billion)
  17. Canada Fruit Concentrate Market By Fruit Type, From 2022 - 2027 (USD Billion)
  18. Canada Fruit Concentrate Market By Application, From 2022 - 2027 (USD Billion)

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