May 9, 2024   SOURCE: BusinessWire

Asia-Pacific Tropical Fruit Puree Market Report 2024-2032: Widespread Use in Infant Formula, Fruit Snacks, Smoothies, and Baking Bolsters Growth - ResearchAndMarkets.com

The "Asia-Pacific Tropical Fruit Puree Market Report by Fruit Type, Packaging Type, Product Type, Application, Distribution Channel, and Country 2024-2032" report has been added to ResearchAndMarkets.com's offering.

The Asia-Pacific region has demonstrated a robust market performance in the tropical fruit puree sector, with a substantial volume reaching 3.1 million tons in 2023.

The market is forecasted to maintain a steady growth, projecting an expansion to 3.4 million tons by the year 2032, growing at a CAGR of 1.03% from 2023 to 2032. This positive trajectory in the market size can be attributed to the varied applications of tropical fruit puree, which includes widespread usage in products such as infant formula, fruit snacks, smoothies, and other dairy and bakery items.

Dynamic Applications

The demand for tropical fruit purees in the Asia-Pacific market is driven by their extensive applications across diverse sectors. The processed food industry, in particular, utilises these purees in myriad forms, bolstering the sector's significant consumption increase. Additionally, attributes such as high nutritional value and versatility in using tropical fruit puree as a key ingredient in cooking have heightened its popularity.

Market Catalysts

With a sharp rise in demand for infant formula, tropical fruit puree consumption has burgeoned, being integrally used in baby food production. Moreover, the market's growth is further accelerated by the storage convenience and longer shelf life of these purees, supported by innovative packaging technologies introduced by manufacturers. Other factors, such as advancements in the food and beverage industry, evolving consumer dietary habits, and the rising inclination towards packaged food items, continue to contribute to the expansion of the tropical fruit puree market.

Segment Highlights

The market's segmentation unfolds various insights. Mango puree leads the fruit type category, while bag-in-drums is the dominant segment for packaging types. The conventional product type holds precedence over organic variants, and the beverage industry emerges as the largest application segment. The market analysis also comprises an elaborative breakup by distribution channels and an in-depth geographical landscape assessment that indicates China as the front-runner in the region's market.

Market Outlook

This growth forecast paints a promising picture for stakeholders and market participants in the Asia-Pacific tropical fruit puree landscape. It underscores the robust market dynamics, consumer preferences, and technological developments shaping the future of the industry. The comprehensive market breakdown addresses all dimensions of the industry, from a regional performance overview to granular analysis, charting a pivotal resource for those engrossed in the Asia-Pacific tropical fruit puree market.

For continued updates and detailed market trend analysis, stakeholders are encouraged to monitor the market as it progresses towards a promising future dictated by innovation, consumer preferences, and strategic market developments.

Key Attributes:

Report Attribute Details
No. of Pages 139
Forecast Period 2023 - 2032
Estimated Market Value in 2023 3.1 Million Tons
Forecasted Market Value by 2032 3.4 Million Tons
Compound Annual Growth Rate 1.0%
Regions Covered Asia Pacific

Companies Featured

  • COFCO Tunhe Tomato Co. Ltd.
  • Chalkis Health Industry Co. Ltd.
  • Kagome Co. Ltd.
  • Jain Irrigation Systems Limited
  • Tianjin Sanhe Fruits & Vegetables Co. Ltd.
  • Capricorn Food Products India Limited
  • KLT Fruits Inc.
  • Food & Inns Limited
  • Exotic Fruits Private Limited
  • Dessert Guru
  • Myanmar Golden Produce
  • Agrana Fruits Australia
  • Agrana Fruit Korea
  • Fruta Tropical Pty Ltd.
  • PT. Deli Food
  • Squeeze
  • Chia Meei International Co Ltd.
  • Taiwan Green Nation Corp.
  • Mau Lin Food Co. Ltd.
  • Tien Thinh Agriculture Product Processing Co. Ltd.
  • Nafoods Gropu JSC
  • MINH VAN FRUIT JSC
  • VEGETEXCO HO CHI MINH CITY
  • ASC Co. Ltd.
  • MC FOODS LIMITED
  • OMO LT Enterprise
  • Harvestime Malaysia
  • Alunan Sena Sdn Bhd
  • China Haohan Group Limited
  • DALISAY SWEETS
  • SOLFRUITS INC.
  • AgriNurture Inc.
  • Srichiengmai Industry Co. Ltd.
  • Siam Original Food Company Limited
  • Dole Thailand Limited
  • Tropical Fruit Asia Corp.
  • Tropfin Thailand Co. Ltd.
  • CB Juice
  • Harvestime.

For more information about this report visit https://www.researchandmarkets.com/r/1548j9

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