Market outlook
With the
shift in preferences of health-conscious customers, manufacturers in the food
industry are focusing on utilizing health benefiting food products. To offer
healthy food products, food manufacturers are converting raw fruits and
vegetables into the powdered form. In order to develop innovative food products
with different flavors, food industries and food retail outlets are utilizing
fruits and vegetable powder as an important ingredient. Fruits and vegetable
powder is considered to be is an excellent way of providing off seasonal
fruits’ and vegetables’ flavor in food items. In the global fruits and
vegetable market, the demand for fruits and vegetable powder will majorly come
from the Asia Pacific and North America. The Asia Pacific is the world’s
largest producer of fruits and vegetable powder.
Growing Demand for Fruits and
Vegetable Powder from Food and Beverages Industries:-
In the
global market, the demand for fruits and vegetable powder is increasing due to
the increasing vegan population throughout the globe. Fruits and vegetable
powder is easy to store and also increases the shelf life of products. That
apart, this powder can also be served in the offseason. Within the food and
beverage industry, the fruits and vegetable powder is added to add taste and
flavor to drinks and food items. Along with this, the use of this powder also
helps in stabilizing the prices of fresh fruits and vegetables during the start
of the season. Leading firms are concentrating on innovative and
application-specific products to remain at the forefront of the global market.
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Global Fruits and Vegetable Powder: key players
Some of
the key players operating in the global Fruits
and Vegetable Powder market are Green Rootz, Kisan Foods, Farmville,
Kamdhenu Foods, ARONA GmbH, Aum Agri Freeze Foods, NutraDry, General Mills, Saipro Biotech Pvt. Ltd, , Batory Foods, SHAKTI FOODS,
NutriBotanica, The Green Labs LLC and others.
Opportunities for market
participants:-
In order
to offer enhanced customer experience, major companies are focusing on
incorporating innovative ingredients and flavors in their liquid dietary
supplements. In regions where the production of fruits and vegetables is scanty
due to geographical and weather conditions, fruits and vegetable powder is a
good alternative to fulfill the demands of customers. Another important
application of Fruits and vegetable powder is that it can be used to
manufacture food for astronauts as they consume liquid food. That apart, in
future, the Fruits and vegetable powder will witness high demand as it will be
used to cater to the growing demand from the vegan population globally.
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Global Fruits and Vegetable Powder:
A Regional Outlook:-
North
America is the highest consumer of processed food and companies, such as Archer
Daniels Midland Company, Cargill Incorporated, etc., are situated in the
region. Thus, it is anticipated that the demand for the fruits and vegetable
powder will increase during the forecast period. Increasing awareness and
urbanization in the Middle East and African countries will increase the
consumption of this powder in the region during the forecast period. The fruits
and vegetable powder is extensively used in European region owing to increasing
consumption of processed food and beverages. The Asia Pacific region will
witness robust growth rate, primarily due to increasing population and
expanding food industry in the region.
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