Superfruits Ingredients Market size was worth USD xx million in 2021, and it is foreseen to reach a valuation of USD xx million, garnering an annual development rate (CAGR) of xx% between 2021 and 2026.
"Superfruit" is a term used to refer to a fruit that is highly nutritious and is often consumed for its associated health benefits. A lot of high-value-added marketing is done to promote products made from these super fruits. Superfruits Ingredients is a marketing term used to increase the sales of some specialty fruits that have additional nutritional benefits compared to other fruits. Antioxidants prevent the human body from various diseases such as cancer and death of blood vessels, act as an excellent source for weight loss, and help skin to naturally glow. The antioxidant capacity is the best-known bioactive property of superfruits.
The global Superfruits Ingredients market is expected to grow significantly, and the main contributing factor is consumer orientation towards healthy food and lifestyle.
REPORT COVERAGE:
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REPORT METRIC |
DETAILS |
|
Market Size Available |
2020 – 2026 |
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Base Year |
2020 |
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Forecast Period |
2021 - 2026 |
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CAGR |
xx% |
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Segments Covered |
By Fruit Type, Application, Distribution Channel and Region |
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Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
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Regions Covered |
North America, Europe, APAC, Latin America, Middle East & Africa |
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Market Leaders Profiled |
Chiquita Brands International Sàrl, The Agrana Group, Del Monte Foods, Inc, Naturipe Farms, LLC, Dole Food Company, Inc, Grupo Noboa SA, Fyffes plc, The Morning Star Company, Kagome Co., Ltd, Citrosuco, SunOpta Inc, Symrise AG, Agrana Beteiligungs-AG, Kerry Group plc, Ocean Spray Cranberry Inc and Others. |
The growth of the global Superfruits Ingredients market is supposed to be driven by the rising need for antioxidant-rich superfruits. Consumer propensity for natural foods like frozen fruits and increased demand for ready-to-eat (RTE) and ready-to-drink (RTD) beverages will further drive the Superfruits Ingredients business growth. Increasing consumption of functional beverages is one of the main factors driving the Superfruits Ingredients industry. Functional drinks are beverages intended to convey health benefits. Most functional drinks are made up of ingredients such as minerals, vitamins, fruits, and fruit purees, vegetables, and superfruits. A new segment of functional drinks like Superfruits Ingredients has been introduced and is immediately recognized and in high demand. The superfruit component of functional drinks is primarily added to sports and performance drinks, energy drinks and others. The growing number of health-conscious populations has led to an increased demand for various types of nutritional products, including Superfruits Ingredients, to stay healthy. Also, the increased use of these superfruits in various applications such as food and beverage, dietary supplements, and cosmetics is expected to have a positive impact on the demand for Superfruits Ingredients. In addition, the growing demand for organic and natural foods without artificial preservatives is supposed to further drive the growth of the global Superfruits Ingredients market.
The increasing call for natural flavors in smoothies and other foods is estimated to boost the growth of the Superfruits Ingredients business. This is due to the increased demand for processed foods without artificial additives. The Superfruits Ingredients market has seen significant growth due to factors such as increased demand for functional beverages coupled with a greater consumer orientation towards a healthy lifestyle. The augmenting demand for natural antioxidants in the food and beverage industry used in the manufacture of energy drinks, powders and bars is foreseen to drive the Superfruits Ingredients market growth. Additionally, superfruit-based antioxidants have a number of health benefits, including reducing the likelihood of diseases such as obesity and diabetes. There is an increase in demand for many types of nutritional products for health-conscious people to stay healthy and increase their intake of nutritious rich foods. This has led to an increase in demand in the world market for Superfruits Ingredients. In addition, the rapid growth of the food industry is anticipated to drive the demand for the sale of Superfruits Ingredients. Not only is the demand for super fruits high in the food industry, but also in the personal care industry. The demand for personal care products has also increased at a significant rate in recent years, further accelerating the growth of the global Superfruits Ingredients market.
In addition to these factors, there are a number of other aspects including geographic reach, competitive analysis, and segments that influence the growth of the global Superfruits Ingredients market. The increasing use of Superfruits Ingredients in dietary supplements as a functional ingredient is predicted to provide tremendous growth opportunities. Additionally, the surge in demand for natural nutrient food colors is likely to drive the growth of the Superfruits Ingredients market. Besides, the Superfruits Ingredients market growth is attributable to the growth of the food and beverage industry driven by increased public and consumer spending. With increased awareness of the negative impact of synthetic anti-aging products, the call for natural anti-aging cosmetics is supposed to further strengthen the growth of the Superfruits Ingredients market in the near future. Because superfruits are high in antioxidants, this is anticipated to be a significant opportunity for the Superfruits Ingredients market as demand for superfruits increases in the natural anti-aging cosmetics industry. The mounting demand for antioxidant-rich superfruits presents enormous market opportunities for the major players operating in the global Superfruits Ingredients market.
The expenses related to the production, processing, and preservation of processed superfruits and the shortage of consistency of superfruit flavor will challenge the growth and pose serious threat to the global market over the anticipated timeframe. Consistency issues related to superfruit flavor are determined to pose a challenge to the Superfruits Ingredients industry. Lack of adequate infrastructure such as advanced production facilities and power shortages in the Middle East and Africa are believes to hamper the worldwide Superfruits Ingredients market growth.
Depending on the type of fruit, the Superfruits Ingredients market is segmented into berries, citrus, banana, apple, grapefruit, etc.
The Superfruits Ingredients market based on distribution channels is classified as indirect and direct.
By application, the global market for Superfruits Ingredients is segmented into dietary supplements, food and beverages, and cosmetics.
Coronavirus has caused unprecedented changes in food sales around the world due to changes in purchasing patterns among consumers. The growing trend of buying in bulk and storing perishable foods has led to price fluctuations in the world market for Superfruits Ingredients due to the very limited supply of certain foods. This scenario is expected to hamper the Superfruits Ingredients market growth rate until early 2021.
Asia Pacific will see the highest growth in the Superfruits Ingredients market during the forecast period. With the growing population of India and China, the demand for personal items is increasing rapidly. Men and women contribute equally to growth. It is widely used as a main ingredient in skin care products like face creams, lotions, and cosmetics. The rising need for personal care products will increase the market for Superfruits Ingredients. North America and Europe are also supposed to contribute to the growth of the global Superfruits Ingredients market. Global demand for Superfruits Ingredients is increasing as preference for convenience products, lifestyle changes and the number of female workers increase. The UK is the largest consumer of ready-to-eat food. A busy lifestyle, comfort, and the rise of working women have accelerated Korea's growth. The components are widely used in ready-to-eat meals to provide consumers with additional health and nutritional benefits. As the demand for convenience stores increases, the call for spare parts will increase in the near future. Latin America, led by Brazil and Mexico, expects rapid growth in the Superfruits Ingredients market. As the use of products as a key ingredient increases, the increasing demand for packaged foods will support overall demand. It is highly consumed because it is convenient and readily available in the country. Population growth and increased consumer health awareness have led to the growth of the area.
Key Players in the Market:
Major Key Players in the Global Superfruits Ingredients Market are
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