Tropical Fruit Puree Market- Industry Overview
Albany, NY -- (SBWIRE) -- 04/19/2019 -- The global tropical fruit puree market gained revenue worth US$3519.9 mn in 2017, which is further expected to reach a figure of US$5749.2 mn until 2025. This growth is projected to rise at a steady CAGR of 5.6% during the forecast period ranging from 2017 to 2025.
Rapid Advancements in Food and Beverage Industry Stoke Market's Expansion
The tropical fruit puree market is mainly being powered owing to a high demand of the products witnessed all over the world. Many people prefer using puree nowadays instead of natural fruit juice, mainly due to unavailability of certain seasonal fruits, as well as better texture and blend found in the former category. This also has been responsible for driving the global fruit puree market substantially. Widespread advancements occurring in the field of food and beverages, especially in the fruit puree and syrup manufacturing industry have also managed to boost the market's growth.
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Shortage of Manpower for Production in Remote Regions Hinders Growth
Fluctuating raw material prices, shortage of adequate manpower required for product manufacturing in certain remote regions, and lack of expertise in remote areas are few factors that are primarily hindering the global tropical fruit puree market. Moreover, the market is also being hindered due to allergic reactions caused by the tropical fruit puree products in some people, thereby restricting the number of targeted customers. Nevertheless, several companies are carrying out extensive research and development in the field of tropical fruit puree product manufacturing. This is expected to make them release non-allergic as well as cost-effective tropical fruit puree materials that can be readily used in different foods as well as consumed in various forms. This can consequently offset most restraints affecting the market.
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Global Tropical Fruit Puree Market: Competitive Landscape
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the report are tropical fruit puree's key players of the global tropical fruit puree market. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the tropical fruit puree space. 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.