![]() ![]() An increase in the production, demand and consumption of all food products is promoting the market growth of apple juice concentrate globally. The major factors fueling the market growth are the growing demand for the growing popularity of convenience food & beverage, natural plant-based ingredients, and its rising use in place of sugar in bakery products across the globe.įurther, the changing dietary preferences of the people have led to a considerable rise in the use of nutritional juices, which in turn is projected to increase the demand for apple juice concentrates in the market. Hence, it is expected to boost the market growth of apple concentrate. Additionally, the rising call for a dietary supplement such as pectin is used as medication prescribed by doctors. The increasing requirement for apple concentrates from the food and beverage industry for producing many food products such as confectionery, beverages, and soups to improve the flavor of the food items is anticipated to fuel the market growth of apple concentrate. Factors boosting the market growth of Apple Juice Concentrate.Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review The rising demand for fruit concentrates as a flavoring medium in baby food products, and soft bakery products are some of the key market drivers boosting the market growth. The apple juice concentrate market industry is projected to grow from USD 7.8 billion in 2023 to USD 10.2 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 4.57% during the forecast period (2023 - 2030). Global Apple Juice Concentrate Market OverviewĪpple juice concentrate market size was valued at USD 7.5 billion in 2022. Ice, Electric, Hybrid, Autonomous Vehicles.Information And Communications Technology ↠.
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