203 Users Online
Global Fruit Powder Market Segmented By Tropical Fruits, Banana, Mango, Pineapple Type with Strawberry, Blueberry, Raspberry, Cranberry, Grapes, Blackcurrant Berries
The market for Fruit Powder is marked at US$ 54,142.9 Mn for year 2023 and is estimated to increase at rate of about 6.7% (2023-2033). The market value will keep on growing and is anticipated to reach valuation of US$ 94,800.2 Mn by end of 2033.
|
Fruit Powder Market Size (2023E) |
US$ 54,142.9 Mn |
|
Projected Sales of Fruit Powder (2033F) |
US$ 94,800.2 Mn |
|
Value CAGR (2023-2033) |
6.7% |
|
Value Share of Top 4 Countries (2022E) |
39.4% |
FREE Report Sample is Available
In-depth report coverage is now just a few seconds away
Get FREE Report Sample
The global fruit powder market incurred high sales in the historical period assessment and showed growth rate of 4.8% during (2018-2022). The market value increased decidedly and registered the sales of US$ 38,700.2 Mn in year 2018. Furthermore, in developed regions like North America & Europe, consumers are more inclined towards buying value-added products incorporated with natural, plant-based, organic ingredients like fruit powders, as a part of healthy diet. These are the key growth factors that boosted the sales performance of fruit powder during historical period.
Fruit powders are dehydrated form of fruits pulverized into fine powder. The consumption of commercially available fruit powders made from fresh fruits, fruit juice, fruits peel which finds the major applications in food industry, beverage industry, foodservice industry, nutraceuticals industry, retail/household, cosmetics & personal care. Fruit powder have gained popularity among various food manufacturers as natural and valuable alternative to various chemical additives. Fruit powder are used to incorporate taste, color as well as various virtues of fruits without using undesirable synthetic additives. The increasing demand for functional foods is expected to have a positive impact on the global fruit powder market owing to higher nutritional value of fruit powders.
The revenue from the global fruit powder market is estimated at US$ 54,142.9 Mn in 2023, and is expected to reach US$ 94,800.2 Mn by the end of 2033 and is expected to register a CAGR of 6.7% over forecast period (2023-2033).
Make This Report Your Own
Take Advantage of Intelligence Tailored to your Business Objective
Get a Customized Version“Growing Preference for Convenience Food bolstering Fruit Powder Market”
Fruit powders are pocket-friendly and easy-to-use and also have a longer shelf life and a concentrated flavor. Fruit drinks made using fruit powders are pocket-friendly drinks and are readily available for the consumers to drink. Fruit powder can be easily incorporated in various foods and beverages. Fresh fruits are seasonal, but with fruit powders, the taste of original fruits is preserved and can be used round the year. This helps the food manufacturers to produce different varieties of products for its consumers. With convenience associated with fruit powders, the market is expected to grow over the forecast period.
“Wide Spectrum of Applications of Fruit Powders in Functional Beverages to Bolster Sales”
Fruit powders are widely used for the production of various functional beverages in the food and beverage industry owing to the health benefits offered by these products. Functional beverages include energy drinks, ready to drink teas, sports and performance drinks, enhanced fruit drinks and others. The majority of functional drinks are promoted with health benefits related to immunity, digestion, heart health, energy and satiety. Fruit powders are considered one of the most important ingredients used in these functional beverages owing to their ability to deliver flavor and texture to such drinks. Factors such as high disposable income of consumers coupled with increasing consumer awareness regarding health benefits can be considered as an important growth driver for the fruit powder market.
“Nutritional Benefits Associated with Fruit Powders Expected to Boost Market Growth”
Fruit powder also called as dehydrated fruit powder is produced from manufacturing process known as spray drying or atomization, which is prominently utilized in the food industry. Manufactures uses state-of-art equipment to preserve mineral, vital vitamins and essential nutrient of fruits and keep sensory characteristics of fruits and plants.
These powders inhibit natural nutritional value and has no chemicals or artificial additives which are harnessed by various manufactures across the globe. Growing health conscious consumers and gym enthusiast people around has led the producers to use fruit powder in versatile food production that aims to bring value added nutrition in the product. Fruits powders are rich source of insoluble fiber which supports digestive system and serve as a prebiotics to overall gut health. Thus, tremendous nutritional benefits of fruit powder will augment the sale in forthcoming years.
“Increasing Popularity of E-commerce Platforms Profiting Market Growth”
A large number of manufacturers have started selling fruit powder via e-Commerce websites such as Amazon, Alibaba, eBay, and others. Most of these websites, except Alibaba and a few others, don’t provide bulk sales, which is still restricting their lead development. Alibaba is majorly used by fruit powder producers and suppliers for sales to distant countries. Many emerging businesses and established brands are also looking to expand their business lines by selling their products through e-Commerce.
Furthermore, consumers, particularly those in metropolitan areas, favor e-commerce as they prefer online buying channels. Online shopping is a popular trend in today's market because customers can get great deals, save time and effort, and the purchased items can be easily delivered to the consumer's doorstep. It is one of the most straightforward methods of purchasing. Thus, the rising popularity of e-commerce platforms will offer significant opportunities to the key players involved in the production of fruit powder.
What is market share held by China in the global fruit powder market?
The market share held by China in global fruit powder is approximately estimated at 13.6%. Due to high demand for fruit powder in China, the market is anticipated to expand at significant rate of about 9.5% over the forecast period. The increasing demand for functional foods in China is expected to have a positive impact on the global fruit powder market owing to higher nutritional value of fruit powders.
What is demand outlook for Fruit Powder in U.S.?
The fruit powder market in U.S. showed 4.2% growth rate during 2018-2022. U.S. holds above 20% of share in global fruit powder market. Furthermore, in forecast period above 9, 00,000 Tonnes of fruit powder will be consumed in the U.S.
Sales Team
Client Partner
What is consumption outlook of fruit powder in business-to-business segment?
Demand for fruit powder is high in business to business as compared to business to consumer channel, since there is surging demand for various fruit products across the diverse industries, all over the globe. The factors like longer shelf life as well as ease of storage and transport along with several functional advantages is luring business-to-business players and manufactures.
Which type of fruit powder is gaining high demand in the global market?
On basis of type, the market is segmented into tropical fruits, berries & grapes, citrus fruits, stone fruits and others. The study on fruit powder shows that citrus fruit powder segment is witnessing the highest value share owing to high demand for citrus flavor in food and beverage industry as well as for high nutritional values associated with citrus fruits.
Manufacturers engaged in the production of fruit powders are focused on expanding their product portfolio with continued reformulation of existing product lines. With the utilization of advanced state-of-the-art manufacturing techniques, the companies are providing tailored made solutions to consumers that are at par with the latest trends. Manufacturers of fruit powder are focused on R&D and technological developments in order to develop products with lesser impact on raw material as well as preserving the nutritive elements. Companies such as Archer Daniels Midland Company, Döhler, International Flavors & Fragrances Inc., Kanegrade Ltd. and others are some of the major players operating in the global fruit powder market
Fruit powder have gained popularity among food as well cosmetic manufacturers due to buoyant demand for natural ingredients. Furthermore, producer are acquiring quality certificates like HACCP, ISO, HALAL, and USDA organic to produce the fruit powder as per industry standard for global acceptance. The increasing demand for functional foods is expected to have a positive impact on the global fruit powder market owing to higher nutritional value of fruit powders. There is thus an increasing demand for fruit powder from bakery, dairy as well as snack industry. To meet the demand, players from fruit powder are strengthening the production capacity for commerical manufacturing of products.
|
Attribute |
Details |
|
Forecast period |
2023-2033 |
|
Historical data available for |
2018-2022 |
|
Market analysis |
USD million for value |
|
Key regions covered |
|
|
Key countries covered |
|
|
Key market segments covered |
|
|
Key companies profiled |
|
|
Report coverage |
|
|
Customization & pricing |
Available upon request |
By Type
By Nature:
By End Use:
By Distribution Channel:
By Region:
The global market for Fruit Powder has a value of US$ 54,142.9 Mn in 2023.
The global market for Fruit Powder has a value CAGR of 6.7% from 2018-2022.
The global market for Fruit Powder has a value of US$ 94,800.2 Mn in 2033.
The global market for Fruit Powder has a value CAGR of 6.7% from 2023-2033.
The top players in the global Fruit Powder market includes Archer Daniels Midland Company, Döhler, International Flavors & Fragrances Inc., Kanegrade Ltd. and others.
