Fruit Seed Waste: Market outlook
Fruit seed waste is one of the major sources of municipal waste. The fruit seed waste contains a very high amount of fiber, monounsaturated fats, polyunsaturated fats, important vitamins-minerals, an antioxidant compound, phenolic compound and bioactive compounds including carotenoids, flavonoids, and oxalic acid. These components of fruit seed waste are very important for human beings because these are naturally occurring components. The fruit seed waste is used for the production of beverages, flavoring agents, essential oils, drugs, cosmetic products, fertilizers, and others.
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The Increase in Awareness concerning Health Drives the Demand for Fruit Seed Waste Market
The fruit seed waste is used as an alternative way to heal various body systems from several diseases and disorders from ancient times in Ayurveda, Unani and Chinese medicines especially for digestive problems, diabetes, obesity, cancer, blood-related diseases, and others. The fruit seed waste is also used in cosmetic products, for the production of herbal beauty cream, extraction of essential oils, bio fertilizers, as animal feed, poultry and are also used in the bakery products like biscuits, bread, rusk, and others.
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Due to the increase in awareness about the health among consumers, demands for the herbal product is very high because it has no side effects on consumers as they are enriched with vitamins and minerals. This leads to an increase in demand for the fruit seed waste in the market. An example of fruit seed waste is the caffeine-free drink which is prepared from the fruit seed waste of roasted date pit powder, which can be an alternative to normal coffee. The fruit seed waste from date pits maintains the pressure of the blood, also helps in the proper functioning of the digestive and excretory system. It also decreases body temperature and also used as a medicinal food for bronchial asthma, cough, renal stone, and weak memory. The fruit seed waste of date pits contains amino acids and hormones that help to improve the memory. The fruit seed waste of date is also well known for its healthy and natural treatment of atherosclerosis. It reduces the risk of cardiovascular disease, arthritis, Alzheimer’s disease, and inflammation-related health. Another example of fruit seed waste is the seeds of Jamun. The fruit seed waste of the Jamun is used to treat diabetes as it contains jamboline and jambosine which slows down the blood sugar release. Jamun seeds also boost the production of insulin in the body.
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Fruit Seed Waste Market: Regional Analysis
The market for fruit seed waste is anticipated to grow due to its application in several end-use industries including the production of various drugs, bakery products, bio fertilizers, cosmetic products, essential oils, food and beverage industry, and others. Hence, the manufacturers are establishing their production in the region due to the easy availability of the fruit seed waste. Due to the increase in awareness about health and fitness, the demand for the products which are manufactured from fruit seed waste is expected to increase in both developing and developed economies. China and India have the largest youth population which is 36%, leading to the largest number of consumers, hence providing a strong market opportunity for fruit seed waste over the forecast period.
Diabetes is a major problem in the entire world. The United States has a high number of diabetic population, which includes young, adult and old populations. Due to the issues of diabetes, the demand for the products which are prepared from fruit seed waste is anticipated to increase in the U.S.
The fruit seed waste market can be segmented based on nature as:
- Organic
- Conventional
The fruit seed waste can be segmented based on the fruit type as:
- Citrus fruits
- Lime
- Grapes
- oranges
Fruit Seed Waste Market: Key Participants
Coca cola Company
Welch’s
ITC Limited
PepsiCo
Kingsley Beverages