Latin America Fruit Powder Market Report and Forecast 2023-2028
Latin America Fruit Powder Market Report and Forecast 2023-2028
Abstract
Latin America Fruit Powder Market Report and Forecast 2023-2028
Market Outlook
According to the report by Expert Market Research (EMR), the Latin America fruit powder market reached a value of approximately USD 1187.6 million in 2022. Aided by the growing demand for healthy and nutrient-rich food products and the expanding applications of fruit powder across various sectors, the market is projected to further grow at a CAGR of 6.40% between 2023 and 2028 to reach a value of USD 1714.6 million by 2028.
Fruit powder is a dried form of fruit produced by freeze drying and vacuum processing methods. It is extensively used as a food ingredient in various products, including confectioneries, bakery products, dietary supplements, and beverages. Fruit powder is rich in vitamins, minerals, and antioxidants, contributing to overall health and wellness. Besides its nutritional attributes, fruit powder offers significant advantages such as longer shelf life and convenience in transportation and storage, making it a valuable ingredient in various food applications.
The increasing consumer preference for nutrient-rich food products is driving the Latin America fruit powder market growth. There has been a noticeable shift towards diets high in fruits and vegetables as people become more aware of the health advantages of eating fruits. Since this trend offers a practical approach to include fruit nutrients in regular meals, the market for products based on fruit powder has increased. Additionally, the appeal of fruit powder has been boosted by the rising interest in health and fitness. It is a typical component of dietary supplements that health-conscious consumers and fitness enthusiasts take.
The expanding applications of fruit powder in various industries also play a pivotal role in fuelling the Latin America fruit powder market expansion. Fruit powder is utilised in the food and beverage sector to improve the flavour, appearance, and nutritional content of goods. Fruit powder is used in the cosmetic sector since it has antioxidant characteristics that are crucial in the creation of numerous skincare products. It is also a key component in the pharmaceutical industry's development of health supplements due to its advantageous characteristics.
Moreover, the growing demand for natural and plant-based ingredients in the food and beverage industry has led to an increased focus on fruit powder as a suitable ingredient for such products. With the rise of vegetarianism and the increasing popularity of plant-based diets, fruit powder has emerged as a key component in the formulation of health bars, smoothies, and other alternatives, thereby fostering the Latin America fruit powder market expansion.
Market Segmentation
The market can be divided based on fruit type, application, and country.
Market Breakup by Fruit Type
•Banana
•Orange
•Apple
•Lemon
•Pineapple
•Grape
•Mango
•Berries
•Others
Market Breakup by Application
•Beverages
•Bakery and Confectionery
•Dairy
•Soups and Sauces
•Snacks/RTE Products
•Others
Market Breakup by Country
•Brazil
•Argentina
•Mexico
•Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Latin America fruit powder companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•Kanegarde Limited
•Saipro Biotech Pvt Ltd
•The Green Labs LLC
•Sylvestre Ingredientes Naturais
•Blue Macaw Flora Industria E Comercio De Ingredientes Naturais Ltda
•Sol Organica SA
•Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
Content
Table of Contents
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Fruit Powder Market Overview
8.1 Latin America Fruit Powder Historical Market (2018-2022)
8.2 Latin America Fruit Powder Market Forecast (2023-2028)
9 Latin America Fruit Powder Market by Fruit Type
9.1 Banana
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Orange
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Apple
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Lemon
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.5 Pineapple
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.6 Grape
9.6.1 Historical Trend (2018-2022)
9.6.2 Forecast Trend (2023-2028)
9.7 Mango
9.7.1 Historical Trend (2018-2022)
9.7.2 Forecast Trend (2023-2028)
9.8 Berries
9.8.1 Historical Trend (2018-2022)
9.8.2 Forecast Trend (2023-2028)
9.9 Others
10 Latin America Fruit Powder Market by Application
10.1 Beverages
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Bakery and Confectionery
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Dairy
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Soups and Sauces
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Snacks/RTE Products
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.6 Others
11 Latin America Fruit Powder Market by Country
11.1 Brazil
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Argentina
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Mexico
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Kanegarde Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Saipro Biotech Pvt Ltd
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 The Green Labs LLC
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Sylvestre Ingredientes Naturais
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Blue Macaw Flora Industria E Comercio De Ingredientes Naturais Ltda
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Sol Organica SA
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
Market Outlook
According to the report by Expert Market Research (EMR), the Latin America fruit powder market reached a value of approximately USD 1187.6 million in 2022. Aided by the growing demand for healthy and nutrient-rich food products and the expanding applications of fruit powder across various sectors, the market is projected to further grow at a CAGR of 6.40% between 2023 and 2028 to reach a value of USD 1714.6 million by 2028.
Fruit powder is a dried form of fruit produced by freeze drying and vacuum processing methods. It is extensively used as a food ingredient in various products, including confectioneries, bakery products, dietary supplements, and beverages. Fruit powder is rich in vitamins, minerals, and antioxidants, contributing to overall health and wellness. Besides its nutritional attributes, fruit powder offers significant advantages such as longer shelf life and convenience in transportation and storage, making it a valuable ingredient in various food applications.
The increasing consumer preference for nutrient-rich food products is driving the Latin America fruit powder market growth. There has been a noticeable shift towards diets high in fruits and vegetables as people become more aware of the health advantages of eating fruits. Since this trend offers a practical approach to include fruit nutrients in regular meals, the market for products based on fruit powder has increased. Additionally, the appeal of fruit powder has been boosted by the rising interest in health and fitness. It is a typical component of dietary supplements that health-conscious consumers and fitness enthusiasts take.
The expanding applications of fruit powder in various industries also play a pivotal role in fuelling the Latin America fruit powder market expansion. Fruit powder is utilised in the food and beverage sector to improve the flavour, appearance, and nutritional content of goods. Fruit powder is used in the cosmetic sector since it has antioxidant characteristics that are crucial in the creation of numerous skincare products. It is also a key component in the pharmaceutical industry's development of health supplements due to its advantageous characteristics.
Moreover, the growing demand for natural and plant-based ingredients in the food and beverage industry has led to an increased focus on fruit powder as a suitable ingredient for such products. With the rise of vegetarianism and the increasing popularity of plant-based diets, fruit powder has emerged as a key component in the formulation of health bars, smoothies, and other alternatives, thereby fostering the Latin America fruit powder market expansion.
Market Segmentation
The market can be divided based on fruit type, application, and country.
Market Breakup by Fruit Type
•Banana
•Orange
•Apple
•Lemon
•Pineapple
•Grape
•Mango
•Berries
•Others
Market Breakup by Application
•Beverages
•Bakery and Confectionery
•Dairy
•Soups and Sauces
•Snacks/RTE Products
•Others
Market Breakup by Country
•Brazil
•Argentina
•Mexico
•Others
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the Latin America fruit powder companies. Some of the major key players explored in the report by Expert Market Research are as follows:
•Kanegarde Limited
•Saipro Biotech Pvt Ltd
•The Green Labs LLC
•Sylvestre Ingredientes Naturais
•Blue Macaw Flora Industria E Comercio De Ingredientes Naturais Ltda
•Sol Organica SA
•Others
About Us
Acquire unparalleled access to critical industry insights with our comprehensive market research reports, meticulously prepared by a team of seasoned experts. These reports are designed to equip decision-makers with an in-depth understanding of prevailing market trends, competitive landscapes, and growth opportunities.
Our high-quality, data-driven analyses provide the essential framework for organisations seeking to make informed and strategic decisions in an increasingly complex and rapidly evolving business environment. By investing in our market research reports, you can ensure your organisation remains agile, proactive, and poised for success in today's competitive market.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Fruit Powder Market Overview
8.1 Latin America Fruit Powder Historical Market (2018-2022)
8.2 Latin America Fruit Powder Market Forecast (2023-2028)
9 Latin America Fruit Powder Market by Fruit Type
9.1 Banana
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Orange
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Apple
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Lemon
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.5 Pineapple
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.6 Grape
9.6.1 Historical Trend (2018-2022)
9.6.2 Forecast Trend (2023-2028)
9.7 Mango
9.7.1 Historical Trend (2018-2022)
9.7.2 Forecast Trend (2023-2028)
9.8 Berries
9.8.1 Historical Trend (2018-2022)
9.8.2 Forecast Trend (2023-2028)
9.9 Others
10 Latin America Fruit Powder Market by Application
10.1 Beverages
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Bakery and Confectionery
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 Dairy
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 Soups and Sauces
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
10.5 Snacks/RTE Products
10.5.1 Historical Trend (2018-2022)
10.5.2 Forecast Trend (2023-2028)
10.6 Others
11 Latin America Fruit Powder Market by Country
11.1 Brazil
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Argentina
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Mexico
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
11.4 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Kanegarde Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Saipro Biotech Pvt Ltd
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 The Green Labs LLC
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Sylvestre Ingredientes Naturais
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Blue Macaw Flora Industria E Comercio De Ingredientes Naturais Ltda
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Sol Organica SA
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
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