The market value of fruit powder will reach 22 billion US dollars.

February 19, 2023 4:05 pm ET | Source: Contrive Datum Insights Pvt Ltd Contrive Datum Insights Pvt Ltd
Farmington, February 19, 2023 (GLOBE NEWSWIRE). The global fruit powder market is expected to reach US$22 billion by 2030 and the CAGR is projected to be 6.8% during the forecast period 2023-2030. Freeze-drying and vacuum processing are used to produce fruit powder. Fruit powders are available at health food stores and organic markets. Fruits contain more water, so they are concentrated and desalinated to remove excess water, and then spray dried to give a free-flowing powder. Fruit powder is also used in cooking or to flavor food. Fruit powder has a long shelf life at room temperature because it has less moisture, does not take up space, and the cost of transportation is low.
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Spray drying or freeze drying are two methods for making fruit powder. The sun-dried or freeze-dried fruit is then turned into a powder that has the same calorie content as raw fruit. Apart from the small amount of sodium found in the fruit powder, it contains no artificial colors or preservatives. In most cases, fruit powders are used in supplements, drinks, and foods fortified with vitamins. Fruit powder is easy to add to medications such as tablets, capsules and softgels.
The Asia-Pacific region is currently the most important part of the world, followed by Europe and North America. The increase in the use of fruit powder in the meat industry and the growing demand for natural colors are expected to drive the growth of the global fruit powder market and significantly increase its market revenue in the coming years. It is believed that North America will grow strongly because there are many food processing companies and more money is being invested in research and development in the food and beverage industry. Europe is the largest fruit powder market. In 2017, sales in Europe exceeded $3 billion. Foods that can make a lot of money, such as superfoods, probiotic supplements, and fiber foods, can help the region grow. Demand for fruit and vegetable powders in Europe is likely to increase due to increased powdering of organic vegetables, wheat germ and spirulina in packaged and mobile foods during the evaluation period. With a CAGR of 8.4% during the billing period, Asia Pacific is the fastest growing region.
As the number of vegans around the world grows, so does the demand for fruit powders. Fruit powder is easy to store, which increases the shelf life of the product. In addition, this powder can be used at the wrong time of the year. Fruit powders are used in the food and beverage industry to improve the taste and smell of food and beverages. In addition, the use of this powder helps to keep fresh fruit prices stable at the beginning of the season. In order to maintain a leading position in the global market, leading companies are focusing on specific and new applications. Key players and manufacturers of the fruit powder market are planning to launch new products to meet the growing demand for pharmaceutical and functional food and beverages. The growing demand for healthy fruit powder drinks rich in vitamins, minerals and antioxidants is a major driver for the global fruit powder market. The global market for fruit powders is likely to grow rapidly in both developing and developed countries due to people’s preference for health drinks in various fruit flavors. Fruit powder can be used in many places where fresh fruit is inconvenient or too expensive. The use of fruit powder in infant formula appears to be growing rapidly. This is because people like fruit-flavored blends that provide children with important vitamins and minerals. In the next few years, the global fruit powder market is expected to grow rapidly. This is because fruit powder is more and more used in various industries, and more and more fruits are produced by enterprises.
Natural disasters and extreme weather conditions can have a significant impact on fruit and this is the main reason for the slower than expected global market growth. Some people may also experience allergic reactions to real fruits or fruit powder, which may slow down the growth of the global fruit powder market.
Leading market players: Nutradry, DMH Ingredients, Kanegrade, Paradise Fruits, Aarkay Food Products, FutureCeuticals, NutriBotanica, La Herbal, Saipro Biotech Pvt. Ltd, Batory Foods, International Flavors & Fragrances Inc, etc.
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Post time: Jun-16-2023