Market Size of Saudi Arabia Fruit Concentrate Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.15 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Saudi Arabia Fruit Concentrate Market Analysis
Saudi Arabia fruit concentrate market is projected to grow at a CAGR of 4.15% during the forecast period (2020-2025).
- Consumers in the Saudi Arabia are more inclined toward a carbohydrate-rich diet. However, they are gradually shifting to a vitamin, mineral, and fiber-rich diet. This change is expected to augment the demand for fruit concentrate in the diverse food and beverage industries during the forecast period.
- Beverage is the leading application in the market for fruit concentrates, like powders, purees, and juices. The dairy industry uses concentrated fruit powder in products, such as yogurt, ice cream, desserts, and other fermented products, to enrich their nutritional content.
- Fruit concentrates are witnessing an increasing application as substitutes for sugar in the bakery and confectionery sector, due to the changing consumer trends and food preferences. Fruit concentrates are perceived as healthy ingredients to refined white sugar in baking recipes. This is one of the major factors that is strongly augmenting the sales of fruit concentrates.
