Global Fruit Concentrate Market

Fruit Concentrate Market Size, Share, Growth Analysis, By Source(Apple, Citrus Fruits, Pineapple, Grapes), By Application(Food & Beverages, Nutraceuticals & Supplements, Pet food, and Others), By Distribution Channel(B2B, and B2C), By Region - Industry Forecast 2025-2032


Report ID: SQSG30I2019 | Region: Global | Published Date: April, 2024
Pages: 157 | Tables: 94 | Figures: 76

Fruit Concentrate Market Insights

Fruit Concentrate Market size was valued at USD 73.7 Billion in 2023 and is poised to grow from USD 77.31 Billion in 2024 to USD 77.31 Billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).

The juice from concentrate is actually fruit juice. The sole distinction is that it was processed, meaning that after being extracted from the actual fruit (such as an orange or lemon), its water content was drained and then dried up to produce a powder. The concentrate is the name given to this juice in powder form. Evaporation has a positive impact on business since it makes actual fruit juice less bulky and less expensive to ship. The market for fruit concentrates worldwide is expanding mostly due to the increased popularity of eating natural foods. Juices made from fruits and vegetables are becoming more popular among consumers as obesity, diabetes, and heart disease cases rise. To meet the rising demand for clean-label food goods, the major manufacturers are launching creative new products.

For example, New Citrus Extract, a cutting-edge citrus extract technology from Kerry, the Taste & Nutrition business, provides all the flavor advantages and effects of conventional natural citrus products while yet qualifying as a "Natural Extract." This best-in-class extraction technology can be used on a variety of citrus fruits and has a wide range of applications, including alcoholic drinks like hard seltzers, malt beverages, mocktails, and flavored beers and spirits, as well as refreshing drinks like sparkling and still flavored waters, ready-to-drink teas, juice drinks, isotonic and energy drinks, and craft carbonated soft drinks (CSDs).

The COVID-19 pandemic had a significant influence on the expansion of the fruit concentrate market. The volume of fruit concentrate produced was impacted because of the temporary closure of the manufacturing facilities due to the severe limitations. The market expansion during this time period was affected by the labour scarcity that was seen as a result of the person returning to their homes. Additionally, the supply chain disruption caused a lack of raw materials and hampered the distribution of finished goods. For example, the number of container ships is presently 8% below average due to COVID-19 regulations such caps on crew changes, increased screening, required quarantines, and decreased demand. Disruptions to truck and container shipping fall somewhere in the middle. In Canada and the United States, commercial road transport in April was around 20% lower than typical. Truck traffic in Europe originally decreased by more than 50% in Spain, 46% in France, and 37% in Italy, but it has since rebounded. The overall distance traveled by trucks in Europe by the middle of April was 24% less than usual.

US Fruit Concentrate Market is poised to grow at a sustainable CAGR for the next forecast year.

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Fruit Concentrate Market size was valued at USD 73.7 Billion in 2023 and is poised to grow from USD 77.31 Billion in 2024 to USD 77.31 Billion by 2032, growing at a CAGR of 4.9% during the forecast period (2025-2032).

The global fruit concentrate market is relatively fragmented, with a high level of competition. The prominent players operating in the market are constantly adopting various growth strategies to stay afloat in the market. Product launches, innovations, mergers, and acquisitions, collaborations and partnerships, and intensive R&D are some of the growth strategies that are adopted by these key players to thrive in the competitive market. The key market players are also constantly focused on R&D to supply industries with the most efficient and cost-effective solutions. For example, the largest flavor and nutrition firm in the world, Kerry, has constructed a brand-new, cutting-edge facility in Jeddah, Saudi Arabia, measuring 21,500 square feet. This new facility, which is Kerry's largest in the Middle East, North Africa, and Turkey (MENAT) region, is one of the most modern and effective in the world and will produce delicious, nourishing, and sustainable food ingredients that will be distributed throughout the Middle East. The company has invested more than €80 million in the area over the past four years. 'Agrana Beteiligungs AG', 'Archer Daniels Midland Company', 'Ingredion Incorporated', 'Diana Food', 'Sudzucker AG', 'Doehler GmbH', 'SVZ International B.V.', 'SunOpta Inc.', 'Tree Top Inc.', 'Kerry Group plc', 'Coca-Cola Co.', 'Welch Foods Inc.', 'Capricon Food Products India Ltd.', 'Kerr Concentrates Inc.', 'Lemon Concentrate S.L.', 'Tianjin Kunyu International Co. Ltd.', 'H&H Products Company', 'Blue Pacific Flavors', 'Northwest Naturals', 'Schare & Associates Inc.'

The demand for fruit concentrate has expanded globally along with the demand for health-related products. Fruit-flavored beverage products are in high demand from customers as health consciousness has spread around the world. Fruit concentrates are a practical and acceptable substitute for aerated and carbonated beverages. The customer's active lifestyle has also boosted the need for simple-to-consume foods and drinks, which has led to a growth in the development of nutritious and convenient beverage items. The market has grown primarily as a result of rising demand for accessible and healthful foods, changes in lifestyle, urbanization, and disposable income. Fruit concentrates are the most affordable and practical replacement for fresh fruits for a number of purposes.

More natural and nutritious food is becoming increasingly popular throughout the world as a result of rising rates of obesity, diabetes, and heart disease as well as health food fads. As a result, fruit concentrate is being used more often as a replacement for refined sugar in a range of products, including juices, cakes, desserts, chocolates, and confectionery goods. For diabetics, fructose in fruit concentrate is a better option than sucrose since it has a lower glycemic index. Moreover, because fructose draws more water than granulated sugar, baked items created with it will not only be sweet but also very moist. Fruit concentrate is a very appealing natural alternative to sugar in the baking business because of the benefits of fructose.

North America has the greatest share in the global fruit concentrate market. The United States dominates the North America fruit concentrate market. This is because customers are consuming more ready-to-drink goods and eating more fruits in concentrated form in a wide range of food and beverage items. Products made from fruit concentrates are offered by a number of producers in North America, which contributes to the market's expansion. Both established and emerging regions are expected to continue to see market expansion. For example, the Taiyo Kagaku Co. Ltd., a regional food manufacturer, is selling its fruit preparations division to the fruit, starch, and sugar conglomerate AGRANA, which is expanding its footprint in Asia. The fruit preparations made by AGRANA are made using premium fruit that is either puréed or diced and utilized in dairy products, ice cream, and bakery goods. These goods are uniquely created by AGRANA based on tight client cooperation during the development process.

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Global Fruit Concentrate Market

Report ID: SQSG30I2019

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