APAC Fruit and Vegetable Ingredients Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 4.98 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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APAC Fruit and Vegetable Ingredients Market Analysis
The Asia-Pacific fruit and vegetable ingredient market is projected to register a CAGR of 4.98% during the forecast period.
- There is an increasing demand for innovative and convenient fruit and vegetable powders and pieces, due to widespread urbanization in the Asia-Pacific countries. Such innovative ingredients can be conveniently added to products manufacture by the food processing companies, as well as maintain the real taste and aid in the cooking process of the end product.
- An increasing young population and high-income levels in the two emerging world economies, such as India and China, are driving the market's demand. Furthermore, fruits and vegetable pieces and powder are increasingly applied in beverages, soups and sauces, and ready-to-eat food, bakery, confectionery, and vegetable-based products, such as pickles.
APAC Fruit and Vegetable Ingredients Market Trends
This section covers the major market trends shaping the APAC Fruit & Vegetable Ingredient Market according to our research experts:
Growing Application of Natural Ingredients
In the Asia-Pacific region, the natural food ingredient market is majorly driven by factors, such as rising health concerns, as a result of which the consumers now prefer natural beverages over carbonated drinks. The use of natural fruit and vegetable purees in the various industrial sectors, such as dairy, bakery, and beverage, aids in the growth of the fruit and vegetable ingredient market in various applications. Few applications, such as fruit purees and bases, work well in numerous recipes of natural beverages, including refrigerated juice products, smoothies, shelf-stable juice products, and signature cocktail mixers. Other applications of fruit and vegetable ingredients, such as concentrates, purees, and powders, are increasing rapidly, with the advent of natural juices, spreads, and nectars. These juice concentrates reveal unique opportunities, such as natural color, enhanced flavor, replacement of sugar, and enrichment of the nutritional content of the food or beverage.
China Holds a Prominent Share in the Market Studied
China is one of the leading countries manufacturing fruit and vegetable ingredients in the Asia-Pacific region, with advanced food processing technologies, which helps it produce high-quality fruit and vegetable ingredients at low costs. This makes China one of the largest suppliers of fruit and vegetable ingredients across the world. In line with the Chinese government's health and wellness campaign on 'Big Health', Cargill Incorporated is taking a positive approach toward food safety measures in its production process. It is observed that Indian consumers prefer a taste of local fruits and vegetables in their food products. Thus, fruit and vegetable ingredient companies in India are introducing domestically produced Alphonso mango puree, which has wide applications in fruit beverages, yogurt, smoothies, ice creams, and bakery products, among others.
APAC Fruit and Vegetable Ingredients Industry Overview
The major strategies adopted by companies in the Asia-Pacfic fruit and vegetable ingredient market are new product launches, agreements/partnerships, expansions, and acquisitions. Some of the key players in the market studied are Sunopta, Archer Daniels Midland Company, AGRANA Beteiligungs-AG, Yaax International Inc., and Dohler Group, among others.
APAC Fruit and Vegetable Ingredients Market Leaders
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Sunopta
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Archer Daniels Midland Company
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AGRANA Beteiligungs-AG
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Dohler Group
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Yaax International Inc.
*Disclaimer: Major Players sorted in no particular order
APAC Fruit and Vegetable Ingredients Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Drivers
- 4.2 Market Restraints
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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
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5.1 By Ingredient Type
- 5.1.1 Fruits
- 5.1.2 Vegetables
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5.2 By Product Type
- 5.2.1 Concentrates
- 5.2.2 Pastes and Purees
- 5.2.3 Pieces and Powders
- 5.2.4 NFC Juices
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5.3 By Application
- 5.3.1 Beverages
- 5.3.2 Confectionery Products
- 5.3.3 Bakery Products
- 5.3.4 Soups and Sauces
- 5.3.5 Dairy Products
- 5.3.6 RTE Products
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5.4 By Geography
- 5.4.1 China
- 5.4.2 Japan
- 5.4.3 India
- 5.4.4 Australia
- 5.4.5 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Most Active Companies
- 6.2 Most Adopted Strategies
- 6.3 Market Position Analysis
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6.4 Company Profiles
- 6.4.1 Sunopta
- 6.4.2 Archer Daniels Midland Company
- 6.4.3 AGRANA Beteiligungs-AG
- 6.4.4 Sensient Technologies Corporation
- 6.4.5 Dohler Group
- 6.4.6 Juremont Pty Ltd
- 6.4.7 Frutarom (Taura Natural Ingredient)
- 6.4.8 Yaax International Inc.
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityAPAC Fruit and Vegetable Ingredients Industry Segmentation
The Asia-Pacific fruit and vegetable ingredient market is segmented by ingredient type, application, product type, and geography. By ingredient type, the market is segmented into fruits and vegetables. By application, the market is segmented into beverages, confectionery products, RTE products, bakery products, soups and sauces, and dairy products. By product type, the market is segmented into concentrates, pastes and purees, NFC juices, and pieces and powders. The report also provides a country-wise analysis of the region.
| By Ingredient Type | Fruits |
| Vegetables | |
| By Product Type | Concentrates |
| Pastes and Purees | |
| Pieces and Powders | |
| NFC Juices | |
| By Application | Beverages |
| Confectionery Products | |
| Bakery Products | |
| Soups and Sauces | |
| Dairy Products | |
| RTE Products | |
| By Geography | China |
| Japan | |
| India | |
| Australia | |
| Rest of Asia-Pacific |
APAC Fruit and Vegetable Ingredients Market Research FAQs
What is the current Asia-Pacific Fruit and Vegetable Ingredient Market size?
The Asia-Pacific Fruit and Vegetable Ingredient Market is projected to register a CAGR of 4.98% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Fruit and Vegetable Ingredient Market?
Sunopta, Archer Daniels Midland Company, AGRANA Beteiligungs-AG, Dohler Group and Yaax International Inc. are the major companies operating in the Asia-Pacific Fruit and Vegetable Ingredient Market.
What years does this Asia-Pacific Fruit and Vegetable Ingredient Market cover?
The report covers the Asia-Pacific Fruit and Vegetable Ingredient Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Fruit and Vegetable Ingredient Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
APAC Fruit and Vegetable Ingredient Industry Report
Statistics for the 2024 APAC Fruit and Vegetable Ingredient market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. APAC Fruit and Vegetable Ingredient analysis includes a market forecast outlook 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
