The Europe Fruit And Vegetable Pulp Market would witness market growth of 6.6% CAGR during the forecast period (2023-2030).
Several minerals and vitamins that are beneficial for health can be found in fruits and vegetables. Vitamins A (beta-carotene), C, E, magnesium, zinc, phosphorus, and folic acid are antioxidants and may lower the risk of numerous diseases. Homocysteine levels in the blood, which can indicate risk for coronary heart disease, may be decreased by folic acid. According to research, eating these nutrients naturally present in fruits and vegetables is better for health than taking pills. As a result, more people have increased their fruit- and vegetable-based eatables consumption.
The inclination of consumers for natural drinks and juices prepared from fruit and vegetable pulp is credited with driving industry expansion. Furthermore, fruit and vegetable pulps come only from plant sources, making them appropriate for these dietary choices and broadening the range of products that can be used—plant-based food and beverages included. The market is being driven by consumer demand for food products that are organic and sustainably sourced. Consumers are increasingly gravitating toward products with clean labels. A growing number of consumers favor foods and drinks that have undergone little processing and don't include any natural additives.
With 55% of all global imports of fruit juices, Europe is the most important market. Imports of fruit and vegetable pulp are increasing due to the rising use of imported juices as beverage ingredients. Orange (36.5%), flavor blends (19.2%), apples (15.7%), peaches (3.5%), and pineapples (3.3%) are the flavors that were most widely consumed in this region in 2017. The rising import of fruit juices as well as purees suggests that there is a significant demand for food products made from pulp. Additionally, the demand for organic food, free-from food, and other ready-to-eat food products has grown along with the veganism trend over the past several years, as has the product growth of RTE food in the region. Thus, the regional market will grow rapidly throughout the forecast period due to these factors.
The Germany market dominated the Europe Fruit And Vegetable Pulp Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $247 million by 2030. The UK market is anticipated to grow at a CAGR of 5.7% during (2023 - 2030). Additionally, The France market would showcase a CAGR of 7.3% during (2023 - 2030).
Based on Source, the market is segmented into Fruit Pulp (Mango, Berries, Apple, Citrus Fruits, Strawberry, and Others), Vegetable Pulp. Based on Distribution Channel, the market is segmented into B2B, and B2C. Based on Application, the market is segmented into Food, Animal Feed, and Health & Wellness, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Fruit And Vegetable Pulp Market is Projected to reach USD 4.7 Billion by 2030, at a CAGR of 6.8%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Keventer Agro Limited, Conagra Brands, Inc., PepsiCo, Inc., ABC Fruits, Dohler GmbH, AGRANA Beteiligungs-AG, Pursuit Industries Private Limited (PIPL), Iprona AG, Kiril Mischeff Limited, Ingredion Incorporated
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