Vegetables and Fruits are organic food items vital for improving the health of humans. Several health benefits are credited to the intake of vegetables and fruits. Ingredients from vegetables and fruits are utilized in food products and beverages to divulge texture, aroma, color, and flavor of the products. Fruits and vegetable ingredients are accessible in the stores with several forms comprising concentrates, pastes & purees, powders, and flakes.
The key factor contributing to the expansion of the global fruits and vegetable ingredients market is the rising stipulation for natural ingredients within the food & beverage industries. Swift urbanization is resulting in the adoption of ready-to-eat and packaged food like confectionery items, baked products, juices, and soups, further propelling the market growth. The speedy development of packaged food processing firms along with escalated investments is anticipated to foster the growth of global market during the forecast period.
The global fruits and vegetables ingredients market can be classified on the basis of form, category, application, and geography. On the basis of category, the market can be segregated into conventional and organic. On the basis of form, the global market can be categorized into concentrates, powders, pastes & purees, and others. The market, on the basis of application, can be diversified into beverages, bakery & confectionary, spreads, dairy & frozen dessert, sweet & savory snacks, soups & sauces, and others.
Regionally, Europe is the biggest fruit and vegetable ingredients consumer, thereby holding the biggest share within the global fruit and vegetable ingredients market. However, Asia Pacific region is anticipated to be the quickest-budding market owing to the rising spending by prominent market, particularly in India and China, on account of their huge production of fruit & vegetable ingredients, lower cost of fruit & vegetable ingredients, and low-cost labor.
The leading players profiled in the global fruit and vegetable ingredients market consist of Archer Daniels Midland Company, AGRANA Beteiligungs-AG, Sensient Technologies Corporation, Olam International All Rights Reserved Co., Sunopta, Kerry Inc., Döhler, Diana Group, SVZ Industrial Fruit & Vegetable Ingredients, Sensoryeffects., Kanegrade Ltd., Hans Zipperle AG, DMH Ingredients, Inc., Taura Natural food Ingredients, Compleat Food Network, Yaax International, Inc., and Gruenewald International. To cite, a majority stake was procured by Döhler in Nutrafood S.r.l. (Italy) in October 2018. The portfolio of Nutrafood complements range of Döhler in the plant-based food & beverages area, where the firm offers solutions in types spanning from smoothies to spoonables.