Middle-East and Africa Fruit Concentrate Market by Fruit Type (Orange, Apple, Pineapple, Banana and Others) by Application (Dairy Products, Juices, Squash, Soft Drinks, Frozen Products and Baby Food), and by Region - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021)
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PR-Inside.com: 2017-08-11 13:44:26
The Middle-East and African fruit concentrate market is expected to grow at a CAGR of 6.2% and is expected to reach $2.92 billion by 2021 from $0.91 billion in 2016.
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Middle East and Africa have a lot of empty land which can be used for plantation of fruits and vegetables. Support from government will also fuel the growth of the market.
Fruit concentrates are fruit juices with stronger concentration and are widely used in beverage industry to make fruit juices and nectar. With its easy to store nature, it is convenient in shipping and transporting. Also, it is attracting people by being available at an attractively cheaper price.
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Fruit concentrates generally substitute sugar in various food items such as cakes, juices, chocolates and others by acting as natural sweeteners. They can be substituted with fresh fruit juices due to its longer shelf life and ready-to-make nature.
The advantages like easy storage, larger shelf-life and cheaper price is attracting the customers, which is driving the sales and market growth. But due to the diabetes epidemic that’s spreading in the countries, the sales are said to get affected, limiting the market growth.
The fruit concentrate market in ME & Africa is segmented based on fruit types like orange, apple, pineapple, banana etc. and also on the basis of application which includes dairy products, juices, squash, soft drinks, frozen products and baby food. Based on geography, Middle-East & Africa market is segmented as Saudi Arabia, UAE, Israel and others.
Major companies in the market are Kerry Group Plc., AGRANA group, Dohler group, Coca Cola’s minute maid, Capricon, Oceanaa, Acerola, Cherimoya, Lychee and starfruit.
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Fruits Concentrate Market: Segmentation
By Fruit Type
• Dairy Products
• Soft drinks.
• Frozen Products
• Baby Food.
Key Questions Answered
• What is the competitive landscape and market share of major players in the Asia-Pacific region?
• What are the drivers, key factors leading the market? Which market segments are growing the fastest?
• What are the unmet technological needs currently on the market? How will emerging technologies fulfil these unmet needs?
• What are the challenges and barriers that have restricted market growth for Fruits Concentrate?
• What measures are taken by leading companies to increase market growth?
Fruits Concentrate Market: Key Players
Key players dominating the fruit concentrate market are Kerry Group Plc., AGRANA group, Dohler group, Coca Cola’s minute maid, Capricon, Oceanaa, Acerola, Cherimoya, Lychee and starfruit. Minute maid is leading the orange juice market. The Coca-Cola Company, and its partners in India, will contribute USD 1.7 BN+ in the agri ecosystem over the next 5 years, spanning the entire supply chain from Grove to Glass through a unique concept called the Fruit Circular Economy.
Reasons to buy Fruits Concentrate Market Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering
• Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses
• A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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