The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Increased demand for plant-based foods is likely to encourage innovation in the production of fruit and vegetable ingredients, propelling the market over the forecast period.

The global fruit and vegetable ingredients market is expected to grow from $209.53 billion in 2022 to $222.88 billion in 2023 at a compound annual growth rate (CAGR) of 6.37%. The fruit and vegetable ingredients market size is expected to reach $282.90 billion in 2027 at a CAGR of 6.14%.

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Global Fruit And Vegetable Ingredients Market Segments Include:

• By Type: Concentrates, NFC Juices, Pastes And Purees, Pieces And Powders
• By Nature: Organic, Conventional
• By Category: Fruits, Vegetables
• By Application: Bakery Products, Confectionery Products, Dairy Products, RTE Products, Soups And Sauces, Beverages, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global fruit and vegetable ingredients market in 2021.

Major Market Players in the fruit and vegetable ingredients market include AGRANA Beteiligungs-AG, Archer Daniels Midland Company, Tate & Lyle PLC, Olam International Limited, Ingredion Incorporated, Döhler Group.

The primary trend in the food and vegetable ingredients market is product innovation. To increase their market position, major players in the food and vegetable ingredients market are focusing on developing new goods. Product innovation enables organisations to remain relevant to the demands of their customers while developing and improving over time. For example, in September 2021, Koa Switzerland, a Swiss start-up firm in the food and vegetable ingredients sector, collaborated with French chocolate manufacturer Valrhona to create Oabika. Oabika is a concentrate prepared from the white pulp that coats and protects the cocoa pod’s beans. To produce a 100% cocoa pulp concentrate, it is filtered, pasteurised, and gradually decreased to 72 degrees Brix. Because of its particular aroma and flavour, it is used in a variety of applications such as ganaches, jellies, sauces, glazes, ice creams, and so on.

The Fruit And Vegetable Ingredients Global Market Report 2023  provides a fruit and vegetable ingredients market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fruit and vegetable ingredients market forecast analyzes fruit and vegetable ingredients market size, fruit and vegetable ingredients market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Fruit and vegetable ingredients are extracted from various fruits and vegetables for use in various food and beverage applications. It is used to make soft drinks, alcoholic beverages, dairy products, snacks, and other foods. It is a carefully created food component that assures the highest quality and stability in terms of colour, flavour, texture, and nutritional content.

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