Sales of fruit and vegetable powders are expected to reach $42.9 billion globally in 2022. By the end of 2032 Fruit and Vegetable Powder Market is projected to have grown at a CAGR of 5.6% and be worth US$73.7 billion.
In 2021, the value of the market for fruit and vegetable extracts was 25% to 35% of what was consumed as fruit and vegetable powder globally.
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What are the Promising Factors for the Fruit and Vegetable Powder Market?
“Uncertainties in Demand and Supply Relating to Seasonal Fruit & Vegetables”
Seasonal variations in raw material availability, cost, and manufacturing are a major driver of the increased use of vegetable and fruit powders in various food products. Additionally, the demand for food made with seasonal food ingredients is rising year-round, which is promoting market growth.
Moreover, the rising popularity of convenient food products and ease of access to a wide range of products through online retail are factors that are expected to drive fruit and vegetable powder market expansion.
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“Fruit & Vegetable Price Fluctuations”
Fluctuations in the prices of fruits and vegetables have a direct impact on the fruit and vegetable powder market. The high prices of raw vegetables can increase the cost of finished products, and thereby decrease the sales of fruit and vegetable powder. Additionally, a decline in the production of raw fruits and vegetables can dent the supply for processing industries and impact the market negatively.
As a result, players involved in the manufacturing of fruit and vegetable powder need to focus on combating price fluctuations and adulteration to retain and increase their health-conscious consumer base.
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Fruit and Vegetable Powder Industry Research by Category
Fruit and Vegetable Powder Market by Nature:
- Organic
- Conventional
Fruit and Vegetable Powder Market by Type:
Fruit Powder
- Banana
- Mango
- Orange
- Grapes
- Peach
- Others
Vegetable Powder
- Potatoes
- Tomatoes
- Beans
- Onions
- Others
Fruit and Vegetable Powder Market by End Use:
- Food and Beverage Industry
- Foodservice Industry
- Nutraceuticals
- Cosmetics & Personal Care
- Retail/Household
Fruit and Vegetable Powder Market by Distribution Channel:
Business to Business
Business to Consumer
- Hypermarkets/Supermarkets
- Specialty Stores
- Convenience Stores
- Online Retail
Fruit and Vegetable Powder Market by Region:
- North America Fruit and Vegetable Powder Market
- Latin America Fruit and Vegetable Powder Market
- Europe Fruit and Vegetable Powder Market
- South Asia and Pacific Fruit and Vegetable Powder Market
- East Asia Fruit and Vegetable Powder Market
- Middle East and Africa Fruit and Vegetable Powder Market
FAQ’S:
- How big is the global fruit and vegetable powder market?
- What are the main factors driving demand for fruit and vegetable powder?
- Who are the top manufacturers of fruit and vegetable powder?
- What is the North America market outlook?
- How is the market faring in Mexico & China?
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