The global processed mango product market for primary processed mango products and secondary processed mango products is estimated to reach a value of US$ 2043.1 Mn and US$ 31,669 Mn respectively by 2026.
Albany, NY -- (SBWIRE) -- 05/29/2018 -- Globally, most mangoes are consumed fresh due to their attractive flavor, taste, aroma and texture. Also, using mango as ingredients in processed food products has been developed to enhance flavor and aroma to serve consumers tastes. Recently, a fresh study has been compiled which focuses on the global market overview along with processed mango product market future prospects, and details of key players gaining momentum in this market. Market Research Hub (MRH) has freshly added this latest report to its wide database, which is titled as "Processed Mango Product Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026". According to the study outcomes, the global processed mango product market is expected to reach US$ 2,043.1 Mn and US$ 31,669.0 Mn for primary processed mango product and secondary processed mango product respectively by 2026 end.
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Mango products across the world are anticipated to drive the growth of the processed mango product market during the forecast period due to growing preference for natural taste. There are many processed mango products available in the world market, which are categorized by primary and secondary products. These products include dried mango, mango puree, mango jam and chutney, mango pulp, concentrate, and IQF mango. Analyst of the report has estimated that the global processed mango product market will propagate at a CAGR of 6.1% and 7% respectively from 2018 to 2026.
Key Highlights from the Report
Initially, the report begins with an overview of the global market for processed mango product, evaluating market performance in terms of revenue, followed by analysis of key trends, drivers, and restraints witnessed in the global market. In order to understand the geographical spread of the market, the report studies market's performance in North America, Europe, Asia Pacific, Latin America and Middle East & Africa. Besides, the global processed mango product market has been segmented by product type and distribution channel.
- In terms of geography, Asia Pacific is the prime region of the processed mango product market. The report projects that the Asia Pacific processed mango product market for primary and secondary processed mango products will expand at over 5.9% and 7.3% respectively. The growth has been attributed due to the presence of larger number of consumers and an application base.
- The report also states that increasing preference for highly versatile and sweet products and rising awareness about nutritive products are driving the growth of the market.
- By product type, the research finds that preference for mango pulp and puree for further processing is gaining popularity in the food & beverages sector. Mango pulp and puree is widely used in bakery products, flavored milk, ice-cream, yogurts, desserts, jam, jellies, and juices.
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At last, the report covers thorough competitive outlook that contains market share and profiles of key players functioning in the global market. Some of them are Agrana Group, Keventer Agro Ltd., Valleyfresh Pty. Ltd., Freshtrop Fruits Limited, Del Monte Foods, Inc., Jain Irrigation Systems Ltd., Vadilal Industries Ltd., Capricorn Food Products India Ltd., Dohler GmbH, 7D Mangoes, Sunrise Naturals Private Limited, The Proeza Group, ABC Fruits, Manbulloo Limited, Galla Foods, and Foods & Inns Limited.
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