SAN FRANCISCO, July 23, 2020
SAN FRANCISCO, July 23, 2020 /PRNewswire/ -- The global fruit puree market size is expected to reach USD 6.16 billion by 2027, according to a new report by Grand View Research, Inc., expanding at a CAGR of 6.0% over the forecast period. Increasing application of the product in bakery, confectionery, baby food, and alcoholic and non-alcoholic beverages is fueling the market growth across the globe. In addition, rapid urbanization, along with growing working class population, has been creating demand for processed and packaged food, which, in turn, is leading to high demand for fruit puree in the food processing industry.
In terms of product, the tropical and exotic fruit puree segment held the largest share of over 35.0% in 2019. Ease of availability and wide utilization of the tropical products have fueled the growth of segment. Citrus fruit puree is expected to witness the fastest growth over the forecast period owing to its high nutrient and vitamin content.
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Read 80 page research report with ToC on "Fruit Puree Market Size, Share & Trends Analysis Report By Product (Tropical & Exotic, Citrus, Berries), By Application (Beverages, Bakery & Snacks, Baby Food), By Region, And Segment Forecasts, 2020 - 2027: https://www.grandviewresearch.com/industry-analysis/fruit-puree-market
The beverages application segment led the market in 2019 with more than 30.0% share of the total revenue. Increasing number of health conscious consumers, along with rising purchasing power in developing countries, such as China and India, has boosted the demand for packed juices. This, in turn, has increased the application of fruit puree in the beverage industry.
There has been an upsurge in the sales of the baby food products owing to the increasing parents' concerns regarding numerous adulteration practices. This growing trend, coupled with rising demand for the premium baby foods, is expected to fuel the growth of the baby food segment in the near future.
Grand View Research has segmented the global fruit puree market on the basis of product, application, and region:
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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