Market Size of North America Fruit & Vegetable Ingredients Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.20 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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North America Fruits & Vegetable Ingredients Market Analysis
The North America Fruit & Vegetable Ingredient Market is expected to register a CAGR of 4.2%, over the forecast period, 2020 to 2025.
- The growth in consumption of ready-to-eat products that are consistent in taste saves time and includes exotic fruits and vegetable ingredients is driving the North American market. The shift toward healthy eatables driven by rising adoption of the vegan lifestyle and the growing realization of the crucial role of fruits & vegetables in disease prevention is also accelerating the market growth.
- There is a strong growth observed in the sales of fruits and vegetable-based snack products especially from working women and gym-goers segment. The perceived health benefits of such products coupled with on-the-go convenience and indulgence are fueling the market growth of fruit and vegetable ingredients in North America.
