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Functional Juices and Fruit Bowls Market Segmented By Organic, Conventional Nature in Business to business, Business to consumer Distribution Channel
Functional juices and fruit bowls has properties that are ideal for a wide range of health benefits and has very useful properties such as it rich of vitamins and minerals may offer improved delivery of nutritional and functional properties of a food product.
According to the research done by Persistence Market Research (PMR), the functional juices and fruit bowls products without any chemical additives are expected to high growth in developed regions and it is expected to experience quite significant CAGR in the forecasted period of 2021-2031.
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The rapid expansion of the processed and packaged food industry is expected to accelerate the demands for natural food additives, eventually driving the sales of functional juices and fruit bowls. Increasing number of health consciousness among consumers encourages them to not compromise on the safety of the food and beverages products.
Increasing disposal income, enables them to spend more on healthy food instead of artificial food with colors, flavors, and preservatives, thereby increasing their expenditure levels.
Factors, such as increased customer health awareness and the stringent rules set by food regulatory bodies, are resulting in a decline in the usage of artificial flavors and additives, among food products, which, in turn, is boosting the market of functional juices and fruit bowls.
Shifting preference of consumers towards safer food products, as consumers have started avoiding the products having artificial additives. The growing use of functional juices and fruit bowls as health beneficial products has triggered the market.
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In the current scenario, the fruit bowl market is at the growth stage, and with the product development and innovation, it is finding its use in various products. One of the appealing opportunities for the key players in this market is to come up with various innovative ideas and techniques.
The boost in the demand for natural and organic fruit products in the processed food products is also a major contributing factor to the rise in the demand for fruit bowls market.
This market is majorly segmented in health supplements products. Owing to the lockdown situation going on across the globe. Many food products manufacturers had to shut down their production units as a result of the labor and raw material shortage.
With the outbreak of covid-19, the market of healthy and nutritious products has shown increment in the growth rate. With the improvement in environment and decrease in the number of covid affected cases, the markets are opening slowly and are expected to bring back operations and production in food industry. With that improvement in functional juices and fruit bowls, the market is expected to experience a quick comeback.
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It is expected that North America Region holds the significant share in the global market. Some of the most common ingredients found in functional drinks include herbs, minerals, vitamins, amino acids and some additional raw fruits or vegetables. Functional juices offer definite health related benefits that go beyond general daily nutritional intake.
It offers variety of health benefits with effect of added ingredients, such as immune system strengthening, improved mental energy, cholesterol management, improved bone health, improved heart health, and other benefit associated with vision and eye-health.
It is expected that demand for organic and natural health care products is expected to significantly grow in Europe, With the fast lifestyle, consumers sometimes lack sufficient time to eat fresh fruits and instead consume functional juices or fruit bowls juices.
According to The European Fruit Juice Association (AIJN) report for 2017 that in the last 5 years the production of fruit juices has reached a growth of 5.4%, as well as the production of freshly squeezed juices of 4.8%. On the other hand, production of nectars and other beverages with added sugars and other additives decreased by 3.8% and 1.6%, respectively.
There are many manufacturers and suppliers which are connected with this market such as
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
