Fruit Pulp Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Transparency Market Research (TMR) announces a new report on the global fruit pulp market. The report examines the historical and present figures of the global fruit pulp market and presents readers with studied forecasts regarding the market's growth in the coming years. The report conducts a multifaceted analysis of the global fruit pulp market to provide readers with a comprehensive picture of the market's dynamics. The report is titled 'Fruit Pulp Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.'
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The fruit pulp market has been a relatively small contributor to the economy since antiquity, but with rapid technological advancement in the flourishing FMCG sector, the fruit pulp market has now assumed economic importance. Fruit pulp is used for direct consumption as well as inclusion in food products and cosmetics, making it a key beneficiary of the rise of an affluent urban demographic likely to remain a key consumer for the FMCG sector in the coming years.
The fruit pulp market has been aided significantly by the rejection of fresh fruit for packaged products in many developed regions. The convenience of fruit pulp products in comparison to fresh fruits, which can take up significant amounts of time due to the need for peeling and other processing, has become the key driver for the fruit pulp market in developed regions and flourishing urban centers in developing countries.
The global fruit pulp market is segmented by application into food – further sub-segmented into bakery and confectionary products, desserts, dairy and condiment products, and others – and beverages, including juices. The utility of fruit pulp in imparting real fruit flavors in a variety of food products is likely to remain a key driver for the global fruit pulp market in the coming years. The flavors of several fruits such as strawberry and mango have steady demand in several food applications due to their widespread popularity. The steady technological progress of the food industry has also enabled access to exotic fruits, which has been a key aid for the food and beverage industry in several developing economies and has thus driven the fruit pulp market.
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Popular flavors in the global fruit pulps market include mango, strawberry, apple, citrus fruits, guava, grapes, and berries. Exotic fruits such as pear, passion fruit, and kiwi hold niche shares in the global fruit pulps market and are likely to contribute steadily to the fruit pulps market's growth in the coming years.
Regionally, North America and Europe are likely to be the leading contributors to the global fruit pulp market in the coming years. This is primarily due to the presence of a strong food processing industry in the regions, as well as steady support for fruit farming and fruit pulp production. Moreover, emerging economies in Asia Pacific are likely to contribute significantly to the global fruit pulp market in the coming years due to the traditional popularity of fruit products.
Key fruit pulp market players analyzed in the report include Doehler GmbH, Conagra Brands Inc., Iprona AG, Tianjin Kunyu International Co. Ltd., and Agrana Group.
SOURCE: Transparency Market Research (TMR)