Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1103.76 Million | USD 3060.81 Million | 12% | 2023 |
The global processed superfruits market size was worth around USD 1103.76 million in 2023 and is predicted to grow to around USD 3060.81 million by 2032 with a compound annual growth rate (CAGR) of roughly 12% between 2024 and 2032.
The report analyzes the global processed superfruits market's drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the processed superfruits industry.
The research report covers the estimation and analysis of the processed superfruits market on a global as well as regional level. The study presents a comprehensive evaluation of the market, emerging trends, opportunities, competition, and industry-validated market data. The report provides remarkable data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million).
Superfruits are whole foods that are rich in natural vitamins, minerals, amino acids, healthy fats, antioxidants, and other nutrients. Some of the superfruits are pomegranates, blueberries, cranberries, grapes, etc. The global processed superfruits market is anticipated to noticeable gains over the forecast timeline. The growing health-conscious populations coupled with the increased intake of nutrient-rich foods have escalated the market growth. In addition to this, momentous growth in the food industry over the past years is also expected to accelerate the market value.
Based on the form, the global processed superfruits market has been classified into liquid, frozen, powder, and canned. The powder form dominated the market share in terms of revenue in 2023. Fruit powder is dried, which has been finely ground and can be used in place of artificial flavoring, in smoothies, and also can be added to desserts like ice-creams, and puddings. The growing food & beverage industry has indirectly dominated the segment growth and is further expected to gain momentum during the forecast timeline.
The global processed superfruits market is categorized into foods, beverages, and cosmetics on the mode of application. In the global processed superfruits market, the beverages segment dominated the market share in 2023. Increasing consumption of packed juices, ready-to-drink products, smoothies, and shakes along with changing & hectic lifestyles has contributed to the segment growth.
Processed Superfruits Market: Regional Analysis
Based on the region, the global processed superfruits market has been divided into Europe, North America, Middle East & Africa, Asia-Pacific, and Latin America. Asia-Pacific has anticipated witnessing maximum growth in the market owing to the growing population in emerging economies and the rising food and beverage industry.
North America is also expected to rise at a significant rate owing to the growing demand for packaged and convenience foods in the region. Europe has shown remarkable growth over the past years owing to readily available processed superfruits in all forms for desserts and packaged products.
Furthermore, Latin America is expecting superb growth in the market owing to the increasing demand for packaged food because of the increasing usage of superfruits as a major ingredient. Moreover, the rising geriatric population coupled with increasing health concerns among them is further fueling the regional market demand.
Report Attributes | Report Details |
---|---|
Report Name | Processed Superfruits Market |
Market Size in 2023 | USD 1103.76 Million |
Market Forecast in 2032 | USD 3060.81 Million |
Growth Rate | CAGR of 12% |
Number of Pages | 110 |
Key Companies Covered | Frutarom Industries, Uren Food Group Ltd., Dabur India Ltd., PepsiCo, Inc., Ocean Spray Cranberry, Del Monte Pacific Ltd., Agrana Beteiligungs-AG, Kerry Group Plc, SunOpta, Inc., Symrise AG, and others |
Segments Covered | By Form, By Application, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The global processed superfruits market is highly fused with major players including
The major tactics implemented by these leading companies in the market are recent developments, mergers & acquisitions, new product launches, and collaborations. These companies are focusing more on investment in partnerships, innovations, and expansions to increase their market share.
The report segments the global processed superfruits market as follows:
By Form
By Application
By Region
FrequentlyAsked Questions
The term "processed superfruits" refers to fruits that have been subjected to multiple stages of processing. This processing may involve techniques such as dehydration, juicing, or blending to produce final products such as fruit powders, juices, concentrates, or extracts. This processing can change the original form of the fruit, which may have an effect on its nutritional makeup as well as the benefits it provides to one's general health.
The growing health-conscious population coupled with the increased intake of nutrient-rich foods has escalated the processed superfruits market growth.
According to a study, the global processed superfruits market size was worth around USD 1103.76 million in 2023 and is expected to reach USD 3060.81 million by 2032.
Asia-Pacific has anticipated witnessing maximum growth in the market owing to the growing population in the emerging economies and rising food and beverage industry.
The global processed superfruits market is highly fused with major players including Frutarom Industries, Uren Food Group Ltd., Dabur India Ltd., PepsiCo, Inc., Ocean Spray Cranberry, Del Monte Pacific Ltd., Agrana Beteiligungs-AG, Kerry Group Plc, SunOpta, Inc., Symrise AG, and others.
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