Lucintel Forecasts Fruit & Vegetable Ingredient Market To Grow At A Cagr Of 5%-7%

By Author: Lucintel LLC
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According to the recent study the fruit & vegetable ingredient market is projected to grow at a CAGR of 5%-7% from 2020 to 2025. Growth in this market is primarily driven by changing consumer preferences, increasing disposable income, and rapid urbanization.
Browse XX figures / charts and XX tables in this 150-page report to understand trends, opportunities and forecast in fruit & vegetable ingredient market by category (fruits and vegetables), type (concentrates, pastes & purees, juices, and pieces & powders), application (beverages, confectionery, ready to eat, Bakery, soups & sauces, and dairy products), and region (North America, Europe, Asia Pacific, and Rest of the World).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/fruit-aand-vegetable-ingredient-market.aspx
“Concentrates market is expected to remain the largest segment during the forecast period.”
Based on type, the fruit & vegetable ingredient market is segmented into concentrates, pastes & purees, juices, and pieces & powders. Lucintel ...
... forecasts that the concentrates market is expected to remain the largest segment during the forecast period as there is a large demand for concentrates in the fruit juice industry and other prepared food products.
“Within the fruit & vegetable ingredient market, the beverages segment is expected to remain the largest application.”
Based on application, the beverages segment is expected to witness the largest segment over the forecast period due to changing dietary patterns of consumers’ lifestyle.
“Asia Pacific will dominate the fruit & vegetable ingredient market in near future.”
Asia Pacific is expected to be the largest region over the forecast period and it is also expected to witness the highest growth over the forecast period due to investments from key players in the market, especially in China and India, low-cost labor, and relatively low priced fruit & vegetable ingredients in this region.
Download Brochure of this report by clicking on https://www.lucintel.com/fruit-aand-vegetable-ingredient-market.aspx
Major players of fruit & vegetable ingredient market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Archer Daniels Midland Company, Kerry, AGRANA, Döhler, SunOpta, Olam International, DIANA, SVZ International, Sensient Technologies, and SensoryEffects are among the major fruit & vegetable ingredient providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/fruit-aand-vegetable-ingredient-market.aspx or helpdesk@lucintel.com
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Lucintel
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