Market Overview

Global Fruit Concentrate Market to Reach $41.8 Billion by 2023 - ResearchAndMarkets.com

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The "Global
Fruit Concentrate Market - Growth, Trends, and Forecast (2018-2023)"

report has been added to ResearchAndMarkets.com's
offering.

The global market for fruit concentrates is expected to reach at a CAGR
of 5.6% to reach an estimated value of around USD 41.8 billion by 2023.

The factors driving the global fruit concentrate market are the reduced
logistical and storage costs, demand for a high scale of volume in the
beverages market, usage as a substitute for sugar in the bakery sector,
and changing consumer trends and food preferences. Moreover, the growth
in the food and beverage industry, as a result of the increasing health
food trends, has given impetus to this market.

The major restraints in the fruit concentrate market are the awareness
of the ill effects of excess fructose consumption, the benefits that
whole fresh fruits provide are different to concentrated fruits and the
dependency of fruit concentrates market on the production of fruits
across the world.

The liquid concentrate comprises of the major market share, followed by
the powder concentrate. The liquid concentrate is also called juice
concentrate with its most prominent application being in the beverage
industry in reconstituted fruit juice. The clear concentrate is expected
to show a significant growth during the forecast period. The
reconstituted fruit juice is the best-selling product with major
companies, such as Tropicana.

Notable Market Developments

  • Hong Kong-listed China Haisheng Juice Holdings agreed to form a joint
    venture with Zhaoyang Agriculture to modernize fruit plantations in
    Yunnan Province of China.
  • Austrian fruit ingredients producer Agrana invested almost USD 29.04
    million in a new manufacturing facility in eastern China. The facility
    is expected to be operational by 2019. Once completed, the main
    purpose of the facility will be to focus on R&D activity for jam, jam
    ingredients and fruit juice concentrates.

Key Topics Covered

1. Introduction

2. Research Approach & Methodology

3. Market Dynamics

4. Porter's Five Forces Analysis

5. Market Segmentation

6. Competitive Landscape

7. Company Profiles

  • Agrana Beteiligungs AG
  • China Haisheng Juice Holdings Co. Ltd.
  • Coca-Cola
  • Dohler Group
  • Hershey
  • Kanegrade Ltd.
  • Kerr Concentrates Inc.
  • Kerry Group
  • Lemon Concentrate S.L.
  • Pioma Industries
  • SVZ
  • Rudolf Wild GmbH & Co. KG
  • Skypeople Fruit Juice Inc.
  • Sudzucker
  • Sunopta Inc.

For more information about this report visit https://www.researchandmarkets.com/research/jlqdhm/global_fruit?w=4

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