The global fruit concentrate market was valued at USD 45 billion in 2023 and grew at a CAGR of 4% from 2024 to 2033. The market is expected to reach USD 66.61 billion by 2033. The rising demand for convenience foods will drive the growth of the global fruit concentrate market.
When water contents are removed from any form of food, dehydrated and concentrated form of the product is made. Similarly, fruit concentrate is nothing but fruit content less the water in it. the removal of water increases the shelf life of the fruit. It also reduces the weight and storage space required for the same which is beneficial while storing, transporting and distributing the same. Fruits that are commonly found in fruit concentrate form are oranges, grapes, pineapples, apples, and mangos. The concentrated forms are densely packed with nutrients originally found in the fruits. the processing of fruits to make fruit concentrate goes through several stages. First the fruit is blended to extract the juice which is then filtered. It goes through several other processes to remove any impurities that might impact the quality of the final product. Then it goes through evaporation to remove all the water. Preservatives and stabilizers are added to increase the shelf-life of fruit concentrate. Fruit concentrate enables access to fruits all year around. They also allow bulk purchasing. It is used in a wide variety of foods and beverages. It finds applications across industries, from commercial food service joints to home consumption.
Get an overview of this study by requesting a free sample
The increasing demand for convenience foods – The busy and hectic lifestyles have increased the value and demand of convenience foods in the modern consumer market. they are prized for its ease of use, consumption and application. additionally, they offer access to fruits all-year-around unlike seasonal fresh fruits. they also have an extended shelf life unlike the perishable nature of fresh fruits. They are cheaper, enable bulk purchasing and are flexible as they can be used in a wide variety of foods and beverages. The bulk purchasing, versatile, economic and extended shelf-life of fruit concentrate is particularly beneficial for commercial establishments involved in the food business. fruit concentrate also offers significant benefits for the manufacturers as it creates an all-year-around revenue stream. it is easy to store and transport. It takes up less space and is easy to handle. It minimizes waste leading to cost savings. Fruit concentrates are relatively healthy that processed junk food and thereby preferred by consumers worldwide. therefore, the increasing demand for convenience foods will drive the global fruit concentrate market’s growth.
Concerns about freshness and nutrient loss – despite the several advantages offered by fruit concentrates, it is not quite like the actual fruit. Original state of the fruit is fresh without any preservatives, sugar and stabilizers and packed with nutrients. The processing, which involves cutting, blending, filtration and dehydration may lead to nutrient loss. This reduces the appeal of fruit concentrates as consumers are becoming more health-conscious and prefer eating seasonal fruits that are fresh off the farm. The promotion of eating farm fresh produce instead of frozen products by nutritionists, dieticians, doctors and other health professionals has also increased the demand for fresh and seasonal fruits. therefore, the concerns about nutrient loss in fruit concentrates will hamper the market’s growth.
Technological advancements – Technological advancements have enhanced the processing methods and techniques improving the quality and consistency of fruit concentrates. For instance, the adoption of cold press technology reduces nutrient loss which is a cause of concern for many when it comes to fruit concentrates. Additionally, improvements in filtration technologies ensure the removal of any macro or micro impurities and unwanted particulates from the fruits. similar advancements have improved the efficiency of processing fruits as well as enhanced the nutrient profile, flavour and texture of fruit concentrate. Innovative packaging solutions have also contributed towards extending the shelf life of fruit concentrate and enhancing its ease of application. therefore, the technological advancements and innovations will contribute to the market’s development during the forecast period.
The regions analysed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. North America emerged as the most significant global fruit concentrate market, with a 40% market revenue share in 2023.
North America is geographically vast region with a wide variety of climate variation offering suitable weather for a wide variety of fruit cultivation. This ensures consistent supply of quality fruits for the fruit concentrate industry. Additionally, the region has access to the most advanced processing technologies that ensure efficient production of good quality fruit concentrate products. a diverse and robust consumer demand for fruit concentrate is driven by the region’s population with access to higher disposable income. The network of well-connected distribution stores enhances the availability and accessibility for consumers. a stringent regulatory framework with relevant authorities ensuring high product quality through regulations, inspections, guidelines and educative campaigns also contribute to the market’s growth.
North America Region Fruit Concentrate Market Share in 2023 - 40%
www.thebrainyinsights.com
Check the geographical analysis of this market by requesting a free sample
The fruit type segment is divided into citrus fruits, red fruits and berries, tropical fruits, and others. The citrus fruits segment dominated the market, with a market share of around 40% in 2023. Orange, grape, lemon, lime and tangerine are citrus fruits. they are cultivated in sub-tropical climates. They can also be cultivated in temperate climates. The abundance of regions in these zones cultivating these fruits ensure consistent supply of citrus fruits. these fruits are ideal for fruit concentrates as they offer a high ratio of juice content. They are nutrient rich with necessary vitamins, minerals, anti-oxidants and omega-3 complexes. They are also versatile, finding applications in a wide variety of foods and beverages.
The product form segment is divided into liquid, powder and others. The liquid segment dominated the market, with a market share of around 52% in 2023. Liquid fruit concentrate is smaller which makes it easier to pack, store and transport. it is cost-effective the manufacturers, distributors and consumers. liquid fruit concentrates can be integrated in a wide variety of food and beverages. This flexibility and versatility add to its appeal in the market. they have an extended shelf life, allowing bulk purchases and cost savings. It is offered in a wide variety of flavours, sizes and packaging styles. Liquid form preserves more nutrients. They are easy to use.
The application segment is divided into beverages, bakery, confectionery, dairy and others. The beverage segment dominated the market, with a market share of around 37% in 2023. Beverages are drinks of all kinds from flavoured water, normal water, fruit juices to alcoholic beverages. Fruit concentrates are used in a variety of beverages to enhance their flavours, texture and appearance. They are versatile and can be integrated in just about any beverage. Fruit concentrates allow consumers to experience any drink despite the season given the year-round availability of fruit concentrate. Furthermore, fruit concentrate is utilized to concoct different mocktails and cocktails which are always in high demand in commercial food establishments.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2023 | USD 45 Billion |
Market size value in 2033 | USD 66.61 Billion |
CAGR (2024 to 2033) | 4% |
Historical data | 2020-2022 |
Base Year | 2023 |
Forecast | 2024-2033 |
Region | The regions analysed for the market are Asia Pacific, Europe, South America, North America, and Middle East and Africa. Furthermore, the regions are further analysed at the country level. |
Segments | Fruit Type, Product Form and Application |
As per The Brainy Insights, the size of the global fruit concentrate market was valued at USD 45 billion in 2023 to USD 66.61 billion by 2033.
Global fruit concentrate market is growing at a CAGR of 4% during the forecast period 2024-2033.
The market's growth will be influenced by the increasing demand for convenience foods.
Concerns about freshness and nutrient loss could hamper the market growth.
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global fruit concentrate market based on below mentioned segments:
Global Fruit Concentrate Market by Fruit Type:
Global Fruit Concentrate Market by Product Form:
Global Fruit Concentrate Market by Application:
Global Fruit Concentrate Market by Region:
Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision.
Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.
The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.
Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:
The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.
The data procurement stage involves in data gathering and collecting through various data sources.
This stage involves in extensive research. These data sources includes:
Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.
Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.
The supply side for a domain specific market is analysed by:
The demand side for the market is estimated through:
In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:
Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.
This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:
Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.
Free Customization
Fortune 500 Clients
Free Yearly Update On Purchase Of Multi/Corporate License
Companies Served Till Date