Fruit Powder Market Size
|Study Period||2018 - 2028|
|Base Year For Estimation||2022|
|Fastest Growing Market||Asia Pacific|
*Disclaimer: Major Players sorted in no particular order
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Fruit Powder Market Analysis
The Fruit Powder Market is poised to register a CAGR of 4.15% during the forecast period.
A rising number of health-conscious consumers, who are inclined toward a healthier lifestyle, have been shifting preferences from artificial ingredients to completely natural products. This created growth avenues for the market studied. The availability of customized fruit powders is a significant trend that is expected to gain traction in the market studied in the coming years. Increasing demand for super fruit powders is anticipated to be a vital factor driving the growth of the market studied over the forecast period. Due to shifting consumer trends and culinary tastes, fruit powders are increasingly being used as sugar alternatives in the baking and confectionery industry. In baking recipes, fruit powders are seen as a healthier alternative to refined white sugar. This is one of the primary causes driving up the demand for fruit powder throughout the world.
Owing to the health advantages these products provide, fruit powders are frequently utilized in the food and beverage sector to create a variety of functional beverages. Energy drinks, teas that are ready to drink, sports and performance drinks, improved fruit drinks, and other drinks are examples of functional beverages. Most functional beverages tout their ability to boost immunity, digestion, heart health, energy, and satiety. Due to their capacity to add flavor and texture to these functional beverages, fruit powders are regarded as one of the most crucial ingredients. A significant growth driver for the fruit powder market might be factors like high consumer disposable income and rising consumer awareness of health advantages.
Moreover, the increasing usage of fruit powders in confectioneries and bakeries, coupled with rising demand for natural colorants, strengthened the growth of the market studied. Hence, this factor is projected to significantly expand the revenue contribution of the market studied, over the forecast period.
Fruit Powder Market Trends
Growing Consumption of Organic Fruit Powder
According to USDA Foreign Agricultural Service; Global Organic Trade Guide, the consumption value of packaged organic foods in India totaled about USD 15 million in 2021. When compared to 2020, when the consumption value was USD 14 million, this represents an increase. In 2022, the consumption value is probably going to rise to USD 17 million.
The way consumers perceive organic food products can be seen in their purchasing patterns, which are changing continuously with time. The effects of organic products on consumer health are the most influential factors for the expansion of the organic products market. This, in turn, is increasing the demand for organically processed fruit powder in different end-user industries. For instance, organic food sales in the United States increased by a record 12.8% in 2020 to a new high of USD 56.4 billion, according to the Organic Trade Association. Almost 6% of the food sold in the United States last year was certified organic, reflecting strong, pandemic-driven demand across nearly every organic food aisle. The rise of organic and clean-label fruit powder ingredients can be seen all across the industry. Thus, Fruit d'Or Nutraceuticals introduced organic cranberry juice powders to both the beverage and dietary supplement markets.
For instance, Nutra Organic is claimed to be certified by Australian Certified Organic (ACO), and they are made from organic raw ingredients, the company claims that they opt for Refractance Window Technology, a minimal processing technology that ensures each fruit and vegetable all products retain their raw qualities, flavor, color, and nutrition. The company manufactures organic fruit and vegetable powders
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Europe Holds the Major Share
Major drivers of the fruit powder ingredient market in Europe include an aging population, increasing demand for nutritional and functional foods, particularly bakery products, and increased health concerns among consumers. Germany and France dominate the regional market. The food processing ingredients industry is highly focused on sustainability. This indicates that most companies have an in-built sustainability strategy that creates continuity in the entire flow, from cultivation to food processing. For instance, retail outlets are increasingly demanding a sustainability commitment or proper labeling from ingredient manufacturers. Germany provides a favorable geographical location for fruit ingredient manufacturers, as it is centrally located in Europe with extremely well-developed transportation channels and well-situated food processors to export fruit powders to other European countries. Symrise (Diana Group) and Naturex are some of the companies selling fruit powders in the region.
For instance, according to the CBI Ministry of Foreign Affair, in November 2022, health is a concern for food supplement consumers. They seek out products that promote a healthy way of life and typically favor natural and organic products. The perception of organic products as being of higher quality, safer, and devoid of synthetic chemicals are important reasons influencing rising consumer demand for them in Europe. Additionally, buyers are looking for certified organic baobab as a guarantee of reliability and high quality. Quality and contamination are two of the main issues for European purchasers. In poor nations, baobab powder is usually made by shattering the fruit and scooping out the pulp. The powder is separated from the pulp by pounding it with a pestle in a mortar. The baobab powder is then packaged and sieved. Because processing is frequently decentralized, the methods of processing and storing do not adhere to European regulations. In countries such as the United Kingdom and Germany, consumers have a high awareness of the baobab fruit and its beneficial properties. This fruit powder contains a significant portion of vitamins, particularly vitamin C; minerals like calcium, potassium, and phosphorus; Almost 50% of the diet is made up of soluble and insoluble fiber. (About 78%) Carbohydrates and (2-3%) protein
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Fruit Powder Industry Overview
The fruit powder market is highly competitive, with various small and medium local players holding significant shares. Some of the best-performing companies in the marketplace are Kanegrade Ltd and Dohler Group. Other major players in the market include Paradiesfrucht GmbH and NutraDry. Additionally, these companies are acquiring other small ingredient companies to improve their presence in the rest of the world. For instance, Dohler acquired the dry ingredient specialist, Molda, which is based in Germany. Molda's product portfolio ranges from freeze-dried fruits, fruit granulates, fruit pieces, and fruit powders. Additionally, players are focusing on increasing their production capabilities by expansion to meet their domestic demand. Increased private label players, consolidation in distribution channels, and increased market penetration by wholesale and retail buyers have increased the market competition.
Fruit Powder Market Leaders
Paradise Fruits Solutions GmbH & Co. KG
European Freeze Dry Ltd
*Disclaimer: Major Players sorted in no particular order
Fruit Powder Market News
- In March 2023, To distribute, market, and offer logistics for pectins, fruit fibers, and fruit powders for the food sector in Switzerland and Austria, DKSH's Business Unit Performance Materials and Döhler's Business Unit Texturants have entered into an exclusive partnership. Döhler creates pectin, citrus and apple fibers, texturizing fruit powders, and other natural components, among other products. Several meals, including yogurt, jam, baked products, meat products, and smoothies, need these ingredients.
- In October 2022, Nexira launched Mother Nature's POW(D)ER which includes 30 Natural Sensory Ingredients in Strategic Range. POW(D)ER from Mother Nature, a cutting-edge line of easily formulated, naturally boosted substances, will be made available by Nexira. They naturally obtain their plant-based powders from fruits, flowers, leaves, seeds, and roots.
- In January 2022, Kanegrade introduced Pomegranate Powder, which is a pink/yellow powder with a flavor and aroma typical of the fruit, which is produced by low-temperature spray-drying. It is a free-flowing fine powdered product with hygroscopic characteristics.
Fruit Powder Market Report - Table of Contents
1.1 Study Deliverables and Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Fruit Type
5.1.6 Other Fruit Types
5.2.3 Snacks/RTE Products
5.2.6 Soups and Sauces
5.2.7 Other Applications
5.3.1 North America
22.214.171.124 United States
126.96.36.199 Rest of North America
188.8.131.52 United Kingdom
184.108.40.206 Rest of Europe
220.127.116.11 Rest of Asia-Pacific
5.3.4 South America
18.104.22.168 Rest of South America
5.3.5 Middle East & Africa
22.214.171.124 Saudi Arabia
126.96.36.199 South Africa
188.8.131.52 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Most Adopted Strategies
6.2 Market Share Analysis
6.3 Company Profiles
6.3.1 Kanegrade Ltd
6.3.2 Saipro Biotech Pvt. Ltd
6.3.3 Paradiesfrucht GmbH
6.3.4 Milne MicroDried
6.3.5 The Green Labs LLC
6.3.6 Van Drunen Holdings (FutureCeuticals)
6.3.7 European Freeze Dry Ltd
6.3.8 DÖHler Group Se
6.3.10 YAAX International, Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Fruit Powder Market Research FAQs
What is the current Fruit Powder Market size?
The Fruit Powder Market is projected to register a CAGR of 4.15% during the forecast period (2023-2028).
Who are the key players in Fruit Powder Market?
Nutradry, Kanegrade Ltd, Dohler Group, Paradise Fruits Solutions GmbH & Co. KG and European Freeze Dry Ltd are the major companies operating in the Fruit Powder Market.
Which is the fastest growing region in Fruit Powder Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2023-2028).
Which region has the biggest share in Fruit Powder Market?
In 2023, the Europe accounts for the largest market share in the Fruit Powder Market.
Fruit Powder Industry Report
Statistics for the 2023 Fruit Powder market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Fruit Powder analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.