Global Fruit Powder Market 2017-2021
About Fruit Powder
Fruit powders are finely ground dried fruits. This variety of fruit and vegetable ingredient category are usually available at organic markets and health food stores. For calculating the market sizing of global fruit powder market, following parameters are taken into considerations: retail and food service sales of fruit powder, product specifications (fruit powder from conventional and specialty fruits; and applications of fruit powders), price point, and others.
Technavio’s analysts forecast the global fruit powder market to grow at a CAGR of 7.40% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fruit powder market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of fruit powder.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Fruit Powder Market 2017-2021
Technavio recognizes the following companies as the key players in the global fruit powder market: DMH Ingredients, foods & inns, FutureCeuticals, Kanegrade, La Herbal, NutraDry, Paradise Fruits, and Saipro Biotech
Other Prominent Vendors in the market are: Aarkay Food Products, Activz, Baobab Foods, FARMVILLA, Green Rootz, Healthy Supplies, Kamdhenu Foods, mevive international food ingredients, Milne MicroDried, Organic Merchants, POWDERPURE, Unico Fruitz, Venkatesh Natural, YAAX International, and Z Natural Foods.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Fusion of fruit powders. Fusion of fruit powder is becoming popular among food and beverage manufacturers as flavor of the product can be enhanced if fusion fruit powder is used. Thus, currently, many players are manufacturing fusion of fruit powders. For instance, DMH Ingredients is selling Morello Cherry-Orange Powder, Z Natural Foods is selling products like ORGANIC Premium Freeze Dried Acerola Cherry Powder, and GreeNourish is selling products like Specialist Supplements Fruit Powder Blend (which is a combination of organic baobab fruit powder, organic apple powder, and others).”
According to the report, one of the major drivers for this market is Increasing demand for super fruit powders. The past few years have witnessed a drastic rise in the number of health issues such as diabetes, obesity, and allergies among consumers. Thus, consumers have become increasingly health-conscious and are even following a healthier lifestyle to prevent or reduce the occurrence of diseases. They are switching from artificial ingredients to all-natural products; and thereby, increasing the overall demand for products which offer added value. Various super fruits — such as pomegranate, blueberry, strawberry, and others (they are called super fruits because they add a level of nutritional value as they are a source of antioxidants, vitamins, and minerals) are used in the form of concentrates by food and beverage players. The overall popularity of this super fruit is increasing as various studies show that super fruits have high antioxidant content that offers various benefits.
Further, the report states that one of the major factors hindering the growth of this market is Natural disasters and adverse weather conditions. Natural disasters and adverse weather conditions, such as floods, earthquakes, droughts, frost, and pestilence, affect fruits and vegetables used for fruit powders. Fruit and vegetable plantations are vulnerable to natural disasters and adverse weather conditions, which can further affect the production of fruit powders. Many fruits and vegetables are grown in limited locations. Thus, fruit powder manufacturing players rely on suppliers operating in these limited locations, which indirectly make them to depend on factors like weather conditions and production suitability.
DMH Ingredients, foods & inns, FutureCeuticals, Kanegrade, La Herbal, NutraDry, Paradise Fruits, Saipro Biotech, Aarkay Food Products, Activz, Baobab Foods, FARMVILLA, Green Rootz, Healthy Supplies, Kamdhenu Foods, mevive international food ingredients, Milne MicroDried, Organic Merchants, POWDERPURE, Unico Fruitz, Venkatesh Natural, YAAX International, and Z Natural Foods.
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