Fruit and Vegetable Ingredients Market to Reach $294.5 Billion by 2030

In its latest report, Meticulous Research® delves into the dynamics of the Fruit and vegetable ingredients market. Projections indicate a substantial surge, with the market poised to reach $294.5 billion by 2030, boasting a commendable CAGR of 5.5% from 2023 to 2030. This growth trajectory is underpinned by escalating demand for natural ingredients, the multifarious benefits of fruit and vegetable ingredients across the food and beverage landscape, and the rising popularity of ready-to-eat and ready-to-drink products. Despite promising prospects, challenges such as fluctuating raw material prices and logistical complexities in storage and handling present hurdles to market expansion.
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The market segmentation encompasses categories such as fruit ingredients and vegetable ingredients, along with types including concentrates, pieces & powders, NFC juices, paste & purees, and others. Nature-wise, the study scrutinizes organic and conventional ingredients, while applications span beverages, bakery & confectionery products, dairy products, soups & sauces, savory & prepared food products, and others. Geographically, the analysis spans North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa, offering comprehensive insights at regional and country levels.