Fruit and Vegetable Pieces and Powders Market

Global Fruit and Vegetable Pieces and Powders Market Size (2024 to 2029)

Global Fruit and Vegetable Pieces and Powders Market is expected to be USD 222.48 billion by 2024 to achieve USD 309.13 billion by 2029, to record a CAGR of 4.09% from 2024 to 2029.

Current Scenario of the Global Fruits and Vegetable Pieces and Powders Market

Consumer demand for high-priced products, such as superfruit prices, is increasing dramatically, despite the economic slowdown in Europe and South America.

Beverages are the main application in the market, both in pieces and in powder. The dairy industry uses pieces of fruit in products such as yogurt, fermented milk drinks, ice cream, desserts, and puddings. Archer Daniels Midland Company, Olam International Limited, Sunopta, Inc., and Doehler Group are a few notable players in the worldwide fruit and vegetable pieces and powders business.

The world market has witnessed an increase In the extraction of bioactive compounds from fruits and vegetables for use as natural additives for the food industry. Natural ingredients, such as fruit and vegetable concentrates, are expected to gain a larger share in developing Asia-Pacific markets during the forecast period. The rapid expansion of the packaged and processed food industry is expected to accelerate the demand for natural food additives and ultimately lead to the sale of fruit and vegetable extracts.

MARKET DRIVERS

Fruit and vegetable extracts are a significant antioxidant of cancer prevention agent phytonutrients, which are progressively being utilized instead of manufactured synthetic substances, for example, butylated hydroxyanisole (BHA), butylated hydroxytoluene (BHT), and so on, not fulfilled, in light of the fact that regular concentrates of products of the soil can't offer a long timeframe of realistic usability. Keeping up a more drawn-out time span of usability stays a significant test for the regular products of the fruit and vegetable pieces and powders market.

MARKET RESTRAINTS

Strict food regulation, although a basic requirement, tends to slow the growth of the fruit and vegetable market in terms of excessive protection against label claims.

Impact Of COVID-19 on the global fruit and vegetable pieces and powders market

The spread of the new coronavirus has had immense effects on the food industry, including the fruit and vegetable pieces and powders market. Along the value chain, producer-shippers accustomed to just-in-time inventory management systems and retailers capable of stocking every product with minimal disruption have faced shocks to both supply and demand. In this article, we examine the nature of these changes due to the spread of COVID-19 in Canada and beyond and document some of the response from the industry, consumers, and retailers to product suppliers. We divide our analysis into short-term or immediate impacts on the fruit and vegetable supply chain and then consider longer-term impacts likely to persist during the pandemic, and possibly longer. Our main interest is in the implications for the Canadian markets; However, given the degree of integration between the horticultural supply chains in Mexico, the United States, and Canada, we will offer a North American perspective and focus on the main overlapping issues in the three countries. In the short term, the closure of restaurants and schools, the almost complete loss of an entire distribution channel, had the most dramatic impact. In 2017, foodservice sales (restaurants and institutions) in Canada totaled $ 65 billion, while retail channel sales were $ 74 billion (USDA, 2018). It is reasonable to assume that total food consumption does not change, as the volumes lost in the catering circuit are likely to be absorbed by retail. In response, suppliers are establishing packaging lines and converting existing lines to move from catering to retail buyers.

REPORT COVERAGE

SEGMENTAL ANALYSIS

Global Fruit and Vegetable Pieces and Powders Market By Application

Fruit concentrates are being used more and more as sugar substitutes in the bakery and confectionery industry due to changes in consumer trends and food preferences.

Nut powder is an effective way to add natural flavour to beverages without added chemicals and processed additives. In beverages, fruit powders can be used in coffee drinks, powdered protein drinks, fermented alcohol, and juices and smoothies. Furthermore, fruit and vegetable pieces and powders have improved storage stability, which can maintain their organoleptic properties, such as taste and aroma, substantially unchanged over time

Global Fruit and Vegetable Pieces and Powders Market Analysis By Region

North America maintains the leadership position in the global market for fruit and vegetable pieces and powders, due to growing consumer demand for processed foods that contain ingredients of natural origin.

Organic fruit and vegetable ingredients are in high demand due to their specific characteristics. In addition, the North American market has seen a strong increase in the launch of fruit and vegetable concentrates, pieces and powders in recent years. The increasing use of powdered fruit in packaged food and beverage manufacturing is supposed to further drive North American powdered fruit market growth, while South America is expected to experience the CAGR more discharge over the course of the outlook period (2020-2025). Europe offers a favourable geographical location for manufacturers of fruit and vegetable parts and powders, with well-developed transport channels and well-located food processors, export facilities for the transport of fruit and vegetable parts and powders, edible vegetables to other EU countries. The demand for fruit and vegetable ingredients such as avocados, berries and mangoes is high in Europe as they are an important part of local cuisine and staples such as baked goods.

KEY PLAYERS IN THE FRUIT AND VEGETABLE PIECES AND POWDERS MARKET

Key Players In The Fruit And Vegetable Pieces And Powders Market Are Sensient Technologies, Yaax International, Archer Daniels Midland, Sunopta, Agrana Group, Taura Natural Ingredients, Symrise (Diana Group), Cargill, Compleat Food Network, Olam International, Van Drunen Farms, Dohler Group, European Freeze Dry.

RECENT HAPPENINGS IN THE MARKET

• Cargill can reproduce the most complex fruit and vegetable textures with easy-to-use gelling stabilizers. They are more stable and consistent than using actual raw ingredients, reducing dependency on crop availability and allowing to make a product that is more consistent and more efficient to produce.
• Inspired by the “Rooted & Real” theme, Taura's new URC® specialty line features named variety fruit ingredients made from Roussillon apples and apricots, unique to France, as well as delicious American Concord grapes.
• Taura Natural Ingredients has launched a major effort to showcase the benefits of its URC fruit ingredients to food manufacturers throughout Asia.

DETAILED SEGMENTATION OF THE GLOBAL FRUIT AND VEGETABLE PIECES AND POWDERS MARKET INCLUDED IN THIS REPORT     

This research report on the global fruit and vegetable pieces and powders market has been segmented and sub-segmented based on application, product, & region.     

 By Application

• Drinks
• Candy and Snacks
• Bakery Products
• Soup/Sauce
• Dairy Products

By Product

• Fruit Pieces and Powders
• Vegetable Pieces and Powders

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa