LAMEA Fruit Puree Market By Product (Tropical & Exotic, Citrus, Berries and Other Products), By Application (Beverages, Bakery & Snacks, Baby Food and Other Applications), By Country, Growth Potential, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027
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Market Report Description
The Latin America, Middle East and Africa Fruit Puree Market would witness market growth of 10.7% CAGR during the forecast period (2021-2027).
Across the world, fruits are considered to be enriched with nutrients. Food & Beverage manufacturers generally use fruits and fruit ingredients in their products, which are consumed by the buyers. The population around the world is becoming more aware of health due to which, there is a surge in the demand for organic & natural food and food ingredients. The global fruit puree market is estimated to expand swiftly as the phrases like Organic and Natural are highly trending in the food and beverage industry. To fulfill the demand of consumers, manufacturers are willing to use organic and natural ingredients in the food and beverage products that would propel the demand for organic and natural fruit puree.
Various parts of Africa are on the top of the table for the population of malnutrition children. According to WHO, Nigeria has the second-largest population of stunted children. The malnutrition among the children is more in such region, which creates lucrative opportunities for the key market players to enter and acquire a significant share in the fruit puree market.
Moreover, the presence of various tropical and exotic fruits in this region is further motivating companies to capitalize on these emerging opportunities. The high availability of raw materials is making this region a focal point for many key companies. Thus, it is estimated that the regional fruit puree market would witness substantial growth during the forecast period.
The Tropical & Exotic market dominated the South Africa Fruit Puree Market by Product in 2020, thereby, achieving a market value of $49.7 Million by 2027. The Citrus market is estimated to grow at a CAGR of 11.6% during (2021-2027). Additionally, The Other Products market is expected to witness highest CAGR of 11.4% during (2021-2027).
Based on Product, the market is segmented into Tropical & Exotic, Citrus, Berries and Other Products. Based on Application, the market is segmented into Beverages, Bakery & Snacks, Baby Food and Other Applications. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Fruit Puree Market is Predict to reach $7.3 Billion by 2027, at a CAGR of 9.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Danone S.A., Doehler Group SE, Ingredion, Incorporated (Kerr Concentrates), Nestle S.A., Dennick FruitSource, LLC, China Kunyu Industrial Co., Limited, Grunewald Fruchtsaft GmbH, Tree Top, Uren Food Group Limited, and Milne Fruit Products, Inc.
Scope of the Study
Market Segments Covered in the Report:
- Tropical & Exotic
- Berries and
- Other Products
- Bakery & Snacks
- Baby Food and
- Other Applications
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Danone S.A.
- Doehler Group SE
- Ingredion, Incorporated (Kerr Concentrates)
- Nestle S.A.
- Dennick FruitSource, LLC
- China Kunyu Industrial Co., Limited
- Grunewald Fruchtsaft GmbH
- Tree Top
- Uren Food Group Limited
- Milne Fruit Products, Inc.
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