Latin America Fruit Concentrate Market

Latin America Fruit Concentrate Market Size (2024 To 2029)

The Latin America fruit concentrate market size is anticipated to reach USD 4.27 billion in 2029 from USD 3.06 billion in 2024, registering a CAGR of 6.91% during the forecast period 2024 to 2029.

Latin America has been the global bright spot for soft drinks brand owners and bottlers over the recent review period. Emerging national economies, modernizing retail channels and rising middle-class incomes will present new growth opportunities over 2024 to 2029. Fruit concentrates are widely used in the beverage industry. They are fruit juices with stronger concentration and are used to make juices and nectar as well. Its shipping, transportation and warehousing are made easy and cheap by concentrating it with the removal of water. Juice concentrates can be frozen and stored which increases the amount of time it will stay fresh after purchasing. 

Fruit concentrates generally substitute sugar in various food items such as cakes, juices, chocolates and others by acting as natural sweeteners. They are minimally processed so that the natural flavour and colour is maintained. It is a staple product in many homes due to its low price as compared to fresh fruit juice. The demand is also increased for infants and dairy foods. Rise in awareness for the ill effects of alcoholic beverages and increase in demand for healthy, convenient and packaged fruit supplements with increasing health consciousness are majorly driving the market. The fruit concentrates are high in sugar content which restricts its use by diabetes patients and obese people.

This research report on the Latin America fruit concentrate market is segmented and sub-segmented into the following categories.

Latin America Fruit Concentrate Market By fruit type

• Orange
• Apple
• Pineapple
• Banana

Latin America Fruit Concentrate Market By Application

• Dairy Products
• Juices
• Squash
• Soft Drinks
• Frozen Products
• Baby Food

Latin America Fruit Concentrate Market By Region 

• Brazil
• Mexico
• Argentina
• Chile
• Rest of Latin America

KEY MARKET PLAYERS 

Major Key Players in the Latin America Fruit Concentrate Market are Kerry Group Plc, AGRANA group, Dohler group, Coca Cola’s minute maid, Capricon, Oceanaa, Acerola, Cherimoya, Lychee, and starfruit