Global tropical fruit puree market are expected to be valued at US$5,749.2 mn by the end of 2025.
Albany, NY -- (SBWIRE) -- 12/07/2017 -- Change in today's lifestyle and dietary preference, along with improvement in socio-economic status, has resulted in significance increase in demand for processed fruits and vegetables and beverage products and tropical fruit juices. Presently, an increase in the use of purees in juices will lead to a corresponding growth in the demand for purees. Such an increase in business will result in the growth of tropical fruit puree market. Considering these facts, Market Research Hub (MRH) has announced the inclusion of a new study to its mega-repository, which is titled as "Tropical Fruit Puree Market - Global Industry Analysis and Opportunity Assessment 2017 – 2025". The study provides a complete perspective on global tropical fruit puree market's evolution throughout the above-mentioned forecast period in terms of revenue (in US$ Mn).
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Since puree retains all of the juice and a large proportion of the fibrous matter naturally found in the fruit, puree demand is rising in the juice industry. According to the study key highlights, the global tropical fruit puree market is expected to register a CAGR of 5.6% during the forecast period. One of the key factors propelling market growth is the rise in demand for baby foods with purees for enhancing taste.
Asia Pacific Anticipated to Lead the Pack over Forecast Period
The geographical segmentation is also included in the report which analyzes the scope of the market in different regions including North America, Latin America, Europe, Middle East and Africa, and APAC. It has been clearly stated in the study that the market in Asia Pacific is expected to dominate over the forecast period of 2017 to 2025 followed by Latin America and Europe. The growing disposable income, changing foods habits, and increasing uptake of packaged food items have all contributed toward Asia Pacific's significant stake in the global market.
Moving further, the market is segmented based on fruit type, by nature and by end use. By product type, the tropical fruit puree market covers mango, passion fruit, guava, avocado, tomato and papaya. On the basis of nature, the tropical fruit puree market is segmented into organic and conventional. By end use, the tropical fruit puree market is segmented into infant formula, beverages, bakery and snacks, ice cream and yogurt, dressings, sauces and others. The report also adds that growing expansion in the utilization of purees in juices will prompt a comparing development in the interest for purees. Such an expansion in business will bring about the development of tropical fruit puree market.
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In order to provide users of this report with comprehensive view of the market, analysts have included detailed competitiveness analysis and company players with their SWOT analysis and strategic overview. Key players in the global tropical fruit puree market includes ITC Limited, AGRANA Beteiligungs-AG, KUO Group, Kagome Co., Ltd., Dohler GmbH, Kiril Mischeff Limited, Tree Top Inc., Capricon Food Products India Ltd., SVZ International B.V., Aditi Foods India Pvt. Ltd., Inborja S.A., Kerr Concentrates Inc., Superior Foods Inc., Conservas Vegetales de Extremadura S.A., Mother India Farms, Ingomar Packing Company LLC, Quicornac S.A., Citrofrut S.A. de C.V.
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