Fruit and Vegetable Ingredients Market to thrive owing to the rising prevalence of Diseases
Hyderabad, India -- (SBWIRE) -- 02/15/2018 -- The report on "Fruit And Vegetable Ingredients Market By Category (Fruits And Vegetables), Type (Concentrates, Pastes & Purees, NFC Juices, And Pieces & Powders), Application (Beverages, Confectionery, RTE, Bakery, Soups & Sauces, Dairy Products) And By Region - Global Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2016–2021)" is published by Market Data Forecast.
The Global Fruit and Vegetable Ingredients Market was worth USD 162.5 billion in 2016 and assessed to develop at a CAGR of 5.9%, to achieve USD 216.44 billion by 2021.Fruits and vegetables became the daily part of human life that is the day starts with the consumption and usage of fruits and vegetables. The fruits and vegetables contain a huge amount of vitamins and minerals such as Zinc, vitamins A, C and E, folic acid, phosphorus, magnesium. Due to low consumption of fruits and vegetables, approximately 1.7 million people around the world died. Huge consumption of fruits and vegetables will probably reduce the occurrence of dangerous diseases including cancer.
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Fruit and Vegetable Ingredients Market: Drivers and Challenges
Increasing awareness about health and wellness among people across the globe, high disposable income is projected to boost the growth of the market. Increasing demand for the fruit juices, jams, nutritional bars, snack items which are flavoured with fruit and vegetable ingredients is the major factor attributing the growth of the market. However, strict rules and regulations by the government on food products and low availability of fruit and vegetables owing to seasonal variations are impeding the growth of the market.
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The Global Fruits and vegetable Ingredients market is classified as type, application and category. On the origin of application, the Fruits and vegetable Ingredients market is segregated into puddings, confectionary products, dairy products, toppings, beverages, spreads, ready to eat products, soups, dressings, bakery products, dips, and sauces.
Based on the type, the market is divided into powders, concentrates, not from concentrates (NFC), pastes, pieces, purees. On the source of the category, the Fruits and vegetable Ingredients Market is bifurcated into fruits and vegetables.
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According to the region, the worldwide Fruits and vegetable Ingredients Market is classified into varied regions namely the Middle East and Africa, North America, Europe, Latin America, and Asia-Pacific. North America accounted the biggest share of Fruits and vegetables Ingredients Market across the world and it is followed by the Asia Pacific. In Fruits and vegetable Ingredients Market, the North American witnessing an immense growth owing to increasing awareness about health and wellness. Because of increasing demand for healthy food products, confectionery and dairy products the Asia-Pacific region is predicted to grow at the best CAGR.
The major firms of the Fruits and vegetables Ingredients Market include Sensient Technologies (U.S.), Archer Daniels Midland (U.S.), Olam International (Singapore), SVZ International (The Netherlands), Agrana Group (Austria), SensoryEffects Ingredient Solutions (U.S.), SunOpta (Canada), Diana S.A.S (France), Dohler Group (Germany), Kerry (Ireland).
Scope of the report
The report offers a comprehensive analysis of the industry by providing the estimations of market potential and forecasts with utmost granularity. Along this, the factors influential in effecting the market dynamics and trends are discussed in detail at the product level. Further, the performance of the market at the regional and country-level is assessed and the prospects with high growth potential are identified and debated.
The key players in the industry are profiled providing insights on their financial performance, market position and growth strategies. Comparative analysis on prime strategical activities of the market players delineating the key developments like mergers & acquisitions, collaborations and an evaluation of the competitive environment within the industry are provided. The report also offers a broad outlook of the market along with recommendations from industry experts on the opportunities for investment activity.
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