Processed Superfruits Market By Form (Liquid, Frozen, Powder And Canned), By Application (food, Beverages And Cosmetics) And By Region - Industry Analysis, Size, Share, Growth, Trends And Forecasts (2016–2021)
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Processed superfruits Market was worth USD 40.1 billion in 2016 and estimated to be growing at a CAGR of 5.2%, to reach USD 51.66 billion by 2021. Superfruit is a marketing term used to increase the sale of some special fruits that have extra nutritional benefits when compared to other fruits.
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Growth of the global processed superfruits market is expected to be driven by an increasing demand for antioxidant-rich superfruits. Consumer inclination towards natural food products such as frozen fruits and an increasing demand for ready-to-eat (RTE) foods and ready-to-drink (RTD) beverages is further likely to boost market growth.
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The multiple uses of superfruits as natural food colouring, natural food flavouring, and other purposes besides dietary food and functional ingredients is another key driver for the growth of the global processed superfruits market. However, high costs associated with the production, processing, and preservation of processed superfruits and a lack of consistency in terms of superfruits flavour is likely to pose challenges and restrict the growth of the processed superfruits market over the forecast period.
Processed superfruits Market Segmentation by form and application. By Form the market is classified into Liquid, frozen, powder and canned.
Powder form is expected to dominate the market followed by the liquid form. By application the market is analyzed under food, beverages and cosmetics.
Beverages application accounts for a major share of the market. On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World.
The Processed superfruits market was dominated by North America followed by Europe. Asia Pacific region is likely to grow at the highest CAGR.
Symrise AG, SunOpta Inc., Kerry Group plc, Agrana Beteiligungs-AG, Del Monte Pacific Limited, Ocean Spray Cranberry Inc., PepsiCo, Inc., Dabur India Ltd., Uren Food Group Limited, and Frutarom Industries Ltd. are some of the top companies operating in the processed superfruits market.
- Y-o-Y Growth Analysis, By Form
- Market Attractiveness Analysis, By Form
- Market Share Analysis, By Form
- Y-o-Y Growth Analysis, By Application
- Market Attractiveness Analysis, By Application
- Market Share Analysis, By Application
Scope of the report:
- Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
- Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
- Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
- Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
- Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
- A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
- Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
- An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions
- Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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