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Global Horticultural Ingredients Market to Witness Exponential Rise in Revenue Share During the Forecast Period 2022-2032

Horticultural Ingredients Market on a global scale grew at a value CAGR of 3.8% and was worth US$ 18.2 Bn in 2021. For businesses in the food and beverage sector, the use of ingredients originating from plants, such as bananas, avocados, macadamia, turmeric, and others, is fostering a situation that is largely stable. Manufacturers are increasingly using plant-based ingredients in a variety of food products because of the many health benefits they provide.

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Customers’ preferences are changing as a result of increased environmental concerns and growing understanding of the advantages of plant-based components. Because they contain a lot of fibre and other components, plant-based goods are beneficial for maintaining healthy blood sugar levels and a heart.

Even after dehydration, fruit powders are still incredibly healthy and nutrient-dense, including both macro- and micronutrients. These powders are being used by consumers to meet their nutritional needs. Fruit powders that are packed with nutrients have recently entered the market and are quite well-liked. Fruit powders can help you lose weight since they increase satiety and prevent overeating.

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Country-wise Insights

Which Countries Account for a High-Value Share of the European Market?

In the European region, the U.K., Germany, and Spain account for market values of US$ 1.09 Bn, US$ 772.9 Mn, and US$ 625.4 Mn, respectively.

The value share in the region is high owing to the prominent food and beverage industry along with highly popular local cuisines. Increased consumer and tourist footfall results in an upsurge in consumption. Extensive supply chains present in the region is another factor that is complementing market expansion.

How is the Chinese Horticultural Ingredients Market Faring?

In the Chinese market, a value of US$ 1.9 Bn was observed in 2022 and this market occupies 76.5% share of the East Asian market.

Rapid urbanization and rising incomes coupled with increasing food safety concerns have led to rising agricultural imports. With rising income, average diet patterns have changed with more inclusion of dairy, meat, nuts, and processed foods.

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Horticultural Ingredients Market Industry Research by Category

By Type:

Fruits

Bananas

  • Flour/Powder
  • Puree
  • Flakes

Passion Fruit

  • Powder
  • Puree
  • Flakes

Dragon Fruit

  • Powder
  • Puree

Avocado

  • Powder
  • Puree

Nuts

Macadamia

  • Powder
  • Whole & Flakes

Herbs & Spices

Turmeric

  • Intact
  • Powder

Black Pepper

  • Intact
  • Powder

Cinnamon

  • Intact
  • Powder

By Nature:

  • Organic
  • Conventional

By End Use:

Food & Beverages

  • Bakery & Confectionery
  • Infant Food
  • Fillings & Dressings
  • Soups & Sauces
  • Other Processed Foods

Foodservice

Retail/Household

Others

By Distribution Channel:

Business to Business

Business to Consumer

  • Hypermarkets/Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Retail

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia & Pacific
  • East Asia
  • Middle East & Africa

FAQ’S:

  • What is the global market value for horticultural ingredients?
  • What is the forecasted value for the horticultural ingredients market for 2032?
  • Which countries account for the highest sales of horticultural ingredients?
  • What is the U.S. horticultural ingredients market stance?

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