Fruit Puree Market Growth [2023-2030] | Industry Share, Demand, and Forecast Report by Fortune Business Insights™

GlobeNewsWire
Tuesday, February 28, 2023 at 9:18am UTC

Pune, India, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The global fruit puree market size is likely to grow exponentially due to the rising demand for convenient and healthy food. The rising awareness regarding its health benefits can bolster market growth. Fortune Business Insights™ shares this information in its report titled "Fruit Puree Market, 2023-2030."

Fruit puree is a smooth and thick mixture of mashed or blended fruit that can be used as a base for various recipes such as desserts, smoothies, sauces, and drinks. To make fruit puree, fresh or frozen fruits are usually washed, peeled, and pitted (if necessary), then chopped into small pieces and blended until smooth. Some fruits, such as berries, may not need to be peeled or pitted before blending. 

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Fruit puree is a highly nutritious food that is used in processed foods such as dairy products, bakery products, and confectionery products. It provides minerals and vitamins to consumers to enhance their resistance to diseases. The demand for convenient and healthy foods is increasing rapidly among consumers, which, in turn, can boost the demand for fruit puree products. It is used to create healthy drinks, snacks, and other food items. Further, it is used in several cosmetic products such as skin creams and other beauty products. It contains anti-inflammatory, antioxidant, and other beneficial properties that enhance skin health. The manufacturers of the global market incorporate several advancements to produce high-quality products. For example, Sraml d.o.o. announced a novel range of products that produce smooth and high-quality fruit puree. Therefore, these factors can enhance market growth during the foreseeable period.

List of Key Players Profiled in the Fruit Puree Market Report

  • Grünewald Corporate Group
  • SVZ International B.V.
  • The Sicoly Cooperative
  • Doehler Group SE
  • Agrana Beteiligungs-AG
  • Ingredion Incorporated
  • Dennick Fruitsource, LLC
  • China Kunyu Industrial Co., Ltd.
  • Tree Top, Inc.
  • Milne Fruit Products, Inc.

Report Scope & Segmentation:

Report AttributeDetails
Base Year2022
Historical Year2019 – 2021
Forecast Year2023 – 2030
Segments CoveredBy Fruit Type, By Nature, By Application, By Geography
Forecast UnitsValue (USD Billion), and Volume (Units)
Quantitative UnitsRevenue in USD million/billion and CAGR from 2020 to 2029
Regions CoveredNorth America, Europe, Asia Pacific, Middle East & Africa, Latin America and Rest of World
Countries CoveredUnites States, Canada, Mexico, Unites Kingdom, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others

Segments

By fruit type, the market is segregated into berries, tropical, and citrus. Based on nature, it is bifurcated into conventional and organic. Based on application, it is divided into personal care & cosmetics and food & beverage. Geographically, it is grouped into Europe, North America, South America, Asia Pacific, and the Middle East & Africa. 

Highlights of the Report

  • This report highlights the top segments and the latest market trends.
  • It comprehensively studies the driving and restraining factor and the impact of COVID-19 on the global market.
  • The report examines the regional developments and the strategies devised by the market's key players.

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Drivers and Restraints

Rising Adoption of Fruit Puree in Processed Food Products to Boost Market Growth

Fruit puree is extensively used in several processed food products such as fruit juices, infant food products, dairy products, and others because of its aesthetic appeal and nutritional value. The sedentary lifestyles of consumers lead to the adoption of healthy snacks and food supplements. As a result, the demand for fruit puree is increasing rapidly to produce fruit-flavored food products. For example, Monin Incorporated announced ginger and guava purees in the United States in August 2019. It is used in several fruit-based skincare creams, shampoos, conditioners, oil, and other personal care products due to its ability to enhance the nutritional value of cosmetic and hair care products. Therefore, its increasing applications in the food & beverage and, healthcare, and cosmetic sectors can drive the fruit puree market growth.

However, the fluctuations in raw materials prices are estimated to hamper the market growth in the upcoming years.

Regional Insights

Suitable Climate and Abundance of Raw Materials to Propel Market Growth in Asia Pacific

Asia Pacific is expected to dominate the fruit puree market share due to the suitable climatic conditions and abundance of raw materials. It is a leading producer of tropical fruits globally. As per the Food and Agriculture Organization (FAO), India is the leading banana producer globally. Hence, these factors can positively impact market growth.

Market Segmentation:

By Fruit Type

  • Tropical
  • Citrus
  • Berries

By Nature

  • Organic
  • Conventional

By Application

Food and Beverage

  • Bakery & Dairy
  • Confectionery
  • Beverages
  • Convenience Foods
  • Baby Food

Cosmetics and Personal Care Products

By Geography

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In Europe, the demand for organic and healthy food products is likely to boost its market share globally. The rising popularity of liquid snacks, healthy drinks, and convenient food products can spike market growth. As per the FAO, France, Germany, UK, Netherlands, and the US are the foremost importers of mango to satisfy the consumer demand for bars and functional beverages. 

Competitive Landscape

Prominent Companies to Launch Novel Products to Enhance Brand Image

The prominent companies operating in the market announce a novel product to satisfy the consumer demand and enhance their brand image. For example, AGRANA Beteiligungs announced cacao fruit puree in Angua in October 2019 to offer unique and natural fruit flavors to consumers. This strategy can enhance the company's brand image globally. Further, the adoption of partnership strategies enables companies to improve their resources and expand their market reach globally. In addition, the adoption of advanced production techniques helps companies to enhance their product quality, reduce time consumption and increase productivity, which, in turn, can boost their profits.

Fruit purees can be made from a wide range of fruits, including apples, bananas, strawberries, blueberries, peaches, and mangoes, among others. They are often sweetened with sugar or honey, and may be flavored with spices such as cinnamon or nutmeg.

Fruit purees are a popular ingredient in baby food, as they provide a nutritious and easy-to-digest source of vitamins, minerals, and fiber. They are also a convenient way to add natural sweetness and flavor to recipes without adding extra sugar or artificial sweeteners. 

Industry Development

  • November 2019: SVZ International B.V. announced 100% organic sour cherry and strawberry purees in Europe to satisfy consumer demand and expand its product portfolio.

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