NEW YORK, Feb. 16, 2021
NEW YORK, Feb. 16, 2021 /PRNewswire/ -- The trend of healthier lifestyle and hunt for natural additives with multiple nutritive values are proving to be major drivers for the growth of the global fruit powder market. Fruit powder is used as a powerful ingredient to add natural value to different food products. Factors such as longer shelf life as well as convenience of storage and transport, along with several functional advantages, are having a positive impact on the demand for fruit powder across regions.
Consumer interest in clean label products is driven by rising health concerns, as these products are considered healthier. Companies are increasingly responding to consumer demand for products free from artificial and potentially unsafe ingredients, by offering clean label products. This increasing demand for clean label products is expected to drive demand for clean-labelled fruit powder. As such, the global fruit powder market is expected to witness a significant value CAGR of around 7%, with demand expected to surge the fastest from the cosmetics and nutraceutical industry.
Key Takeaways from Fruit powder Market Study
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"Fruit powders have a wide application range in the food & beverage industry, as they are easy to store, have long shelf life, and impart taste and flavor to the end products. Manufacturers could gain increased profits by innovating segment-specific fruit powder for end use in this industry," says a Persistence Market Research analyst.
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Manufacturers operating in the fruit powder market are focusing on research and technological developments in order to new develop products with lesser impact on raw material, as well as preserving the nutritive elements.
Key players of fruit powder are also are investing to increase their production capacity to keep up with customer demand and increase their customer base.
Explore More Valuable Insights on Global Fruit Powder Market
Persistence Market Research, in its new report, offers an impartial analysis of the global fruit powder market, presenting historical data (2015-2019) and estimation statistics for the forecast period of 2020-2030. The study offers compelling insights on the fruit powder market based on type (tropical fruits, berries & grapes, citrus fruits, stone fruits, and other fruits), nature (organic and conventional), end use (food industry, beverage industry, food service industry, nutraceuticals, retail/ household, cosmetics & personal care, others), and distribution channel (business to business and business to consumer), across seven major regions of the world.
Browse Research Release at: https://www.persistencemarketresearch.com/market-research/global-fruit-powder-market.asp
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