In a new report named “Processed Superfruits Market: Global Industry Analysis and Opportunity Assessment, 2016–2026,” Future Market Insights provide vital insights into the global processed superfruits market. The global processed superfruits market is expected to grow at a strong 5.9% CAGR over the forecast period in terms of value. Future Market Insights examines the dynamics and trends influencing the worldwide processed superfruits market in this study.
According to Future Market Insights researchers, the global processed superfruits market is predicted to increase significantly during the forecast period due to the high demand for superfruit-based antioxidants. The global processed superfruits market is expected to develop even faster as demand for ready-to-eat (RTE) foods and ready-to-drink (RTD) beverages grow.
Other factors driving the global processed superfruits market include expanding antioxidant demand, rising income levels in emerging economies, significant demand for multi-use food components in the food and beverage industry, and higher awareness of the nutritional benefits of superfruits. Another important driver for the worldwide processed superfruits market is the many uses of superfruits as natural food coloring, natural food flavoring, and other functions other than dietary food and functional ingredients.
Regional market projections
North America, Latin America, Western Europe, Eastern Europe, APEJ, Japan, and MEA are the seven primary regions that make up the worldwide processed superfruits market. In terms of value, the processed superfruits markets in Latin America and the APEJ are predicted to increase rapidly between 2016 and 2026. By the end of 2026, the North American market is estimated to reach 4,943,563 tonnes, representing a volume CAGR of 4.7 percent over the forecast period. Latin America is expected to generate an absolute dollar opportunity of US$ 224.5 million in 2016 compared to 2015.
Some of the leading players in the worldwide processed superfruits market are profiled in the global processed superfruits market study. 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 among the companies mentioned in the research. Top processed superfruits companies are concentrating on diversifying their product portfolios and extending their businesses in new areas through strategic mergers and acquisitions.