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Fruit Preparations Market Share, Size,Price, Growth, Outlook and
Forecasts to 2024 | Hexa Research
“ Global fruit preparations market was valued at USD 8.4 billion by 2024.”
28 November 2018
Global fruit preparations market was valued at USD 8.4 billion by 2024 owing to rising demand for convenience food,
changing lifestyle, and preference towards ready to eat food. Constant product development along with introduction of
new flavors in fruit products are expected to increase the demand for fruit preparations over the forecast period.
Additionally, rising number of fruit spread brands in region-specific markets coupled with rising investments by large
retailers in storage of perishable food items will also drive the market growth.
The global fruit preparation market is experiencing consistent changes. Rising number of private labels in the market has
resulted in fragmentation of the global market. The rising demand for organic and natural products is changing the
market dynamics. Manufacturers are concentrating on providing organic fruit products to the consumers as the
consumers have become health conscious. The increasing preference for organic fruit preparations is influenced by the
increasing awareness about the benefits of organic foods over the conventional forms. Multiple players in the market
are offering organic products to cater the market demand. For instance, Crofters Food offers fruit spreads which are
organic in nature.
The purees segment dominated the fruit preparations market in 2016 and is expected to retain its position over the
forecast period pertaining to continuous demand from European countries. Increasing adoption of western food culture
by Asian countries followed by continuous improvement in production infrastructure such as China and India are
expected to fuel the market demand for fruit preparations over the forecast period. The Asia Pacific regions is expected
to have the highest growth rate over the forecast period, besides taking the focus of vendors such as AGRANA, which
has consolidated its presence in the region.
Browse Details of Report @ https://www.hexaresearch.com/research-report/fruit-preparation-market
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