Precision Business Insights (PBI) in its report titled “Fruit and Vegetable Ingredients Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2018 and Forecast 2019-2025” assesses the market performance over seven years forecast period from 2019 to 2025. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period.

Fruit and vegetable ingredients market segmented on the basis of application, type and ingredients.

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Concentrates Segment Expected to Dominate the Market

Based on ingredient type the fruit and vegetable ingredient market is segmented into purees and pastes, not from concentrate (NFC) juices, concentrates, powders and pieces. The concentrates dominated the fruit and vegetable ingredients market owing to the larger demand from the fruit juice industry and other prepared food products.

Beverages Will Dominate the Revenue Share.

Based on application, fruit and vegetable ingredients is segmented into beverages, dairy products, bakery products, and confectionary products. The beverages accounted for the largest market share, followed by confectionery products, R.T.E. products, bakery products, soups & sauces, and dairy products. The demand for snacks & convenience food is expected to rise due to changing dietary patterns of consumers due to the changing consumer lifestyle.

North America, Accounts for Major Revenue Share for Fruit and Vegetable Ingredients Market

Launching of the innovative product play an important role in the development of the market. For instance, in August 2017, Bösch Boden Spies GmbH & Co. KG launched innovative plum ingredients for sauces. In May 2016, Diana Food acquired Nutra Canada, company specialized in the manufacture of small fruit and vegetable extracts to strengthen its position in fruit and vegetable extracts.

Key players in the market include Kerry Group plc. (Ireland), Archer Daniels Midland Company (U.S.), Bösch Boden Spies GmbH & Co. KG (Germany), AGRANA Group (Austria), SunOpta, Inc. (Canada), DohlerGroup (Germany), and DIANA S.A.S. (France), SVZ International B.V. (The Netherlands), Symrise AG (Germany), Olam International Limited (Singapore), Sensient Technologies Corporation (US), and SensoryEffects Ingredient Solutions (U.S.) among others.

Detailed Segmentation

By Product Type

o Fruits

o Vegetables

By Ingredient

o Purees and Pastes

o Not From Concentrate (NFC) Juices

o Concentrates

o Powders and Pieces

By Application

o Beverages

o Confectionary products

o Dairy Products

o Bakery Products

o Others

Geography

o North America

? U.S.

? Canada

o Europe

? Germany

? UK

? France

? Russia

? Spain

? Italy

? Rest of Europe

o Asia-Pacific

? China

? Japan

? India

? ASEAN

? Rest of Asia Pacific

o Latin America

? Brazil

? Mexico

? Argentina

? Chile

? Rest of Latin America

o Middle East and Africa

? South Africa

? Saudi Arabia

? Rest of MEA

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