According to a new report, published by KBV research, The Global Fruit And Vegetable Pulp Market size is expected to reach $4.7 billion by 2030, rising at a market growth of 6.8% CAGR during the forecast period.
The Vegetable Pulp segment is anticipated to grow at a CAGR of 8.3% during (2023 - 2030). The demand for this segment is primarily being driven by shifting consumer preferences toward nutrient-dense meals and the younger population's embrace of better lifestyles. Furthermore, improvements in food product packaging have increased the demand for vegetable pulp. The pulp of various vegetables is being used by several businesses to produce juices that are healthier for consumers.
The B2B segment is leading the Global Fruit And Vegetable Pulp Market by Distribution Channel in 2022; thereby, achieving a market value of $2.8 billion by 2030. The demand for vegetable and fruit pulp in the B2B market has been greatly impacted by the rising consumer knowledge of health and nutrition issues as well as the emphasis on these topics. Businesses from a wide range of sectors, including the food and beverage industry, emphasize using healthy, natural ingredients in their goods.
The Health & Wellness segment is experiencing a CAGR of 7.7% during (2023 - 2030). The segment's demand is significantly fueled by the expanding use of fruit and vegetable pulp in creating detox juices, functional food & drinks, and nutritional supplements. Detox drinks, smoothies, and probiotic drinks all contain fruit and vegetable pulps as an additive. These drinks combine nutrients and antioxidants, offering a practical way to enhance general well-being.
The Asia Pacific region dominated the Global Fruit And Vegetable Pulp Market by Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2.1 billion by 2030. The Europe region is anticipated to grow at a CAGR of 6.6% during (2023 - 2030). Additionally, The North America region would experience a CAGR of 6.3% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/fruit-and-vegetable-pulp-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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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