Fruit and Vegetable Ingredients Market was worth $ 162.5 billion in 2016 and estimated to be growing at a CAGR of 5.9%, to reach $ 216.44 billion by 2021.
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The Global Fruit and Vegetable Ingredients Market was worth USD 162.5 billion in 2016 and estimated to be growing at a CAGR of 5.9%, to reach USD 216.44 billion by 2021.
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Fruits and Vegetables are fundamental components of a solid eating routine, and their considerable day by day utilization could help counteract ailments, for example, cardiovascular sicknesses and certain malignancies. Around 1.7 million deaths over the world have occurred because of low consumption of Fruits and vegetables.
A high intake of vegetables and fruits decreases the danger of different illnesses.
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Vegetables and organic products contain different minerals and vitamins which are useful for wellbeing. They include vitamin A, C and E, Zinc, phosphorus, magnesium and folic acid.
It has been noticed that various ingredients obtained from fruits and vegetables are noted to have a protective influence against different diseases including cancers.
Vigorous development in processed Fruit and refreshment industry, expanding utilization of confectionary, pastry kitchen and dairy items in the locales of the world is boosting the leafy Fruits fixings market expansively. Aside from this, wellbeing and health mindfulness among customers, and increasing pay levels have reinforced the usage of vegetables and organic product fixings as colouring agents and flavour enhancers.
Other than this, the increasing discretionary cash flow of the developing white collar class populace in developing nations is likewise encouraging the interest for organic Fruits and vegetables. With reference to the benefits given by Fruit and vegetable based ingredients, rising interest for regular leafy Fruits inferred items, and governments of various nations empowering the Fruit and vegetable ingredients industry will upsurge the general market in the coming years.
Factors such as seasonal variations in the supply of raw materials and stringent Fruit safety legislations are restraining the growth of the fruit & vegetable ingredients market.
The Global Fruit and Vegetable Ingredients market is segmented on the basis of category which includes Fruits and Vegetables, by the type of ingredients the global fruits and vegetable ingredients market is segregated into concentrates, pastes and purees, not from concentrates (NFC), and pieces and powders. On the basis of applications, the Global fruit and vegetable ingredients industry can be segmented into confectionary products, beverages, and bakery products, ready to eat products, sauces and soups, dairy products, and others which include spreads, dips, toppings, dressings and puddings.
The market has also been geographically segmented into North America, Europe, Asia-Pacific, Latin America and Middle-East & Africa. In 2015, North America led the global Fruit and Vegetable Ingredients market in terms of market share.
The market for these ingredients in Asia-Pacific area is amplifying because more opportunities for confectionary and dairy businesses. The Asia-Pacific and other rising nations are foreseen to develop at a quick pace in Fruits and vegetable ingredients in the following years when compared with the seasoned markets of developed regions.
The major players operating in the Global fruit and vegetable ingredient industry include Archer Daniels Midland (U.S.), Agrana Group (Austria), Dohler Group (Germany), Kerry (Ireland), SunOpta (Canada), and SVZ International (The Netherlands). Apart from this, the other key players dominating the global fruit and vegetable ingredients industry include Olam International (Singapore), Diana S.A.S (France), SensoryEffects Ingredient Solutions (U.S.), and Sensient Technologies (U.S.).
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