According to a new report, published by KBV research, The Global Fruit Concentrate Market size is expected to reach $125.3 billion by 2030, rising at a market growth of 5.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 13,804.8 Kilo Tonnes experiencing a growth of 4.1% (2019-2022).
The B2C segment is experiencing a CAGR of 6.5% during (2023 - 2030). Companies in the B2C segment of the market have expanded their product offerings to cater to a diverse consumer base. This includes a variety of fruit flavors and blends, as well as organic and natural options to meet different preferences. Innovation in product formulations and packaging has played a significant role in the growth of B2C fruit concentrate products. This includes the development of functional beverages, such as those with added vitamins, antioxidants, or other health benefits, and eco-friendly packaging options.
The Food & Beverage segment is generating the highest revenue in the Global Market by Application in 2022; thereby, achieving a market value of $52.9 billion by 2030. Fruit concentrates are used in a wide range of food and beverage products, including juices, soft drinks, jams, jellies, bakery items, desserts, and dairy products. This diversity of applications has contributed to the growth of the food and beverages segment. Concentrated fruit products provide convenience to manufacturers by offering a consistent flavor profile and extending the shelf life of the end products.
The Apple segment is exhibiting a CAGR of 4 % during the forecast period. Consumer preferences have been shifting towards healthier options, and apple juice or concentrate is often considered a healthier alternative to sugary soft drinks. The increasing consumer preference for natural and minimally processed products may contribute to the expansion of the apple segment. The popularity of functional beverages, such as apple-based smoothies and natural energy drinks, can boost the demand for apple concentrate as a key ingredient.
The Asia Pacific region dominated the Global Fruit Concentrate Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $57.4 billion by 2030. The Europe region is anticipated to grow a CAGR of 4.6% during (2023 - 2030). Additionally, The North America region would witness a CAGR of 4.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/fruit-concentrate-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 Ingredion Incorporated, Dohler GmbH, Archer Daniels Midland Company, AGRANA Beteiligungs-AG, Lemonconcentrate S.L.U, SunOpta, Inc., Kerry Group plc, Coöperatie Koninklijke Cosun U.A., Capricorn Food Product India Ltd. and The Coca Cola Company.
By Distribution Channel (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Application (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Source (Volume, Kilo Tonnes, USD Billion/Million, 2019-2030)
By Geography (Volume, Thousand Units, USD Billion, 2019-2030)
Companies Profiled
Unique Offerings 
