Sarasota, FL -- (SBWire) -- 01/24/2019 --Zion Market Research has published a new report titled "Mango Puree Market by Nature (Organic and Conventional), by Packaging (Can, Pouch, P.E.T Jars, and Bottles), and by Distribution Channel (Departmental Stores, Convenience Stores, Specialty Stores, Online Retail, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024''. According to the report, the global mango puree market was valued at around USD 950 million in 2017 and is expected to reach approximately USD 2,120 million by 2024, at a CAGR of slightly above 7.7% between 2018 and 2024.
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Mango puree is prepared from selected varieties of fresh mango fruit. The preparation process includes cutting, de-stoning, refining, and packing. In case of aseptic products, the pulp is sterilized and packed in aseptic bags. The refined pulp is packed in cans, hermetically sealed, and retorted. The frozen pulp is pasteurized and deep-frozen in plate freezers. This process ensures that the natural flavor and aroma of the fruit is retained in the final products.
The major factor that is likely to support the growth of the mango puree market is the increased product demand from the beverage industry in the upcoming years. Various large-scale food producers have introduced products based on mango puree into the market. Various companies, such as Starbucks, McDonald's, etc., largely use fruit purees in their smoothies. These smoothies are in large demand among the consumers, which is likely to positively leverage the mango puree market in the future. Moreover, increasing consumption of flavored yogurt in various regions across the globe is anticipated to further support the growth of this market. The organic mango puree is in higher demand by consumers due to growing awareness regarding the usage of organic products. Alternatively, increasing product applications in various segments, such as ice cream and baby food, is expected to create many growth opportunities for the key players operating in the global mango puree market in the future.
The global mango puree market can be segmented based on nature, packaging, and distribution channel. By nature, the market is segmented into organic and conventional. Organic mango purre segment is expected to dominate the global mango puree market, owing to the wide product availability in various parts of the world. The packaging segment is divided into cans, pouches, P.E.T jars, and bottles. By distribution channel, the market is segmented into departmental stores, convenience stores, specialty stores, online retail, and others. Pouches are expected to dominate the global mango puree market due to their flexibility and ability to keep the product fresh and best to store liquid and semi-liquid products.
By region, this global market includes Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region held a significant share of the global mango puree market in terms of volume in the year 2017. This regional growth can be attributed to the huge demand for fruit juice across the region. The North American mango puree market is likely to witness a noteworthy rate of growth over the estimated time period.
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Some major players operating in the global mango puree market include Varadaraja Foods Private Limited, Tree Top Inc., Dohler GmbH, Galla Foods, Mother India Farms, AGRANA Group, Superior Foods, Inc., and 7D Mangoes, among others.
This report segments the global mango puree market into:
Mango Puree Market: Nature Analysis
Organic
Conventional
Mango Puree Market: Packaging Analysis
Can
Pouch
P.E.T Jars
Bottles
Mango Puree Market: Distribution Channel Analysis
Departmental Stores
Convenience Stores
Specialty Stores
Online Retail
Others
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Mango Puree Market: Regional Analysis
North America
The U.S.
Europe
UK
France
Germany
Asia Pacific
China
Japan
India
Latin America
Brazil
The Middle East and Africa
Mango Puree Market Is Expected to Reach Around USD 2,120 Million Globally by 2024
Global mango puree market expected to reach approximately USD 2,120 million by 2024, at a CAGR of slightly above 7.7% between 2018 and 2024. The growth of the mango puree market is the increased product demand from the beverage industry in the upcoming years. Various large-scale food producers have introduced products based on mango puree into the market.