Nature's Bounty Unleashed: The Irresistible Rise of Processed Superfruits
The Processed Superfruits Market i****panding quickly due to rising customer demand in convenient, healthful products and greater public knowledge of health benefits. Processed superfruits are high in vitamins and antioxidants, and as the market for functional foods and beverages grows, so does their appeal. It is anticipated that this upward tendency would continue, providing chances for industry players.
During the forecast period of 2022 to 2032, the global processed superfruits market is anticipated to grow at a steady rate of approximately 5% CAGR. It is projected that the global market would grow from US$ 53.7 million in 2022 to US$ 87.5 million by 2032. As to the analysis conducted by Future Market Insights, the power segment experienced a 5.1% growth rate, rising from US $ 28.2 billion at the end of 2016 to around US $ 26.8 billion in 2021. It is anticipated that the liquid segment will reach 94,207 tonnes in volume in 2026, growing at a 4.9% CAGR over the next several years.
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The overall growth of processed superfruits was valued at around US$ 38.1 billion dollars in 2021 and is anticipated to reach US$ 40.1 Bn by the end of 2022, visualizing one Y-O-Y growth of over 5.2% annually. On the basis of volumes of glasses, the global processed superfruits market is anticipated to reach around US$ 18 million tons by 2032, seeing a CAGR of nearly 5.9 % over the 2022-2032 proximity.
Superfruits are used for juices that have higher nutritional value than any other juices. According to the definition by Food and Agriculture Organization (FAO), superfruits have great nutritious content and an extra nutritional benefit. Antioxidant capacity is among the most widely recognized biologically active traits of a superfruit.
Key Takeaways
The global processed superfruits market is anticipated to witness robust growth driven by the surging demand for antioxidant-rich superfruits. Consumers are drastically preferring natural food products including processed fruits along with it a higher demand for ready-to-eat (RTE) foods and ready-to-drink (RTP) beverages is also witnessed which is expected to bolster growth in the market. The value of natural foods such as food color and flavor, in addition to several other dietary and functional uses, sums up the growth of the global processed superfruits market.
The escalating beverage segment is predicted to represent a market share of 65.8% of the total global processed superfruits market by the end of 2022. The food segment is anticipated to touch a market valuation of US$ 20.7 Bn by 2032 and record a CAGR of 5.3 % during the forecast period.
The APEJ processed superfruits market is anticipated to surpass 3,422,838 tons in terms of volume by the end of 2032, posting a 5.9% CAGR until that year. According to historical estimations, in 2021, the United States superfruit industry was worth US$ 10.52 Bn, which has been predicted to reach US$ 11.1 Bn in 2022, based on a CAGR of 5.6%..
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Competitive Landscape
The global market for processed superfruits is known to be fragmented and fiercely competitive owing to the presence of several local and regional rivals. Prominent market players are focusing on employing an array of marketing strategies such as partnerships, expansions, mergers and acquisitions, and collaborations.
Processed Super fruits Market by Category
By Fruit Type, Processed Superfruits Market is Segmented as:
Apple
Grape
Acai
Pomegranate
Blueberry
Cranberry
Raspberry
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