- Global fruit preparation for dairy market was valued at US$ 5157.4 Mn in 2019 and is anticipated to grow at a CAGR of 6.2% over the forecast period (2020 – 2028).
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- Rising innovations in natural ice cream flavors across the globe is influencing the growth of the fruit preparation for dairy market. According to International Dairy Foods Association, fruit flavors was the main innovation in ice cream in 2018. Ice cream manufacturers focused on producing ice cream with fresh tropical fruits such as guava, and passion fruit amongst others owing to the increased demand for fruit flavored ice cream across the globe.
- In terms of region, North America accounted for a major share in the global fruit preparation for dairy market. Rising innovation in flavors by market players in countries such as United States and Canada is contributing towards the region’s high share in the market. For instance, Agrana Fruit, based in United States, developed new combinations of steel-cut oat fruit preparation for preparing Greek yogurt. Some innovative flavors introduced by the company are orange zest and cranberry; caramelized apples and toasted pecans amongst others.
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- Some of the major players operating in the global fruit preparation for dairy market are ADM WILD Europe GmbH & Co.KG, AGRANA Beteiligungs-AG, Cargill, Incorporated, Cesarin S.p.A., chb.gr, Chr. Hansen Holding A/S, DDW The Color House, Döhler GmbH, Frulact, INGREDION (Ingredion group of companies), ORANA A/S, Presad, Tree Top, Inc., and ZENTIS GMBH & CO. KG amongst others
The detailed research study provides qualitative and quantitative analysis of global fruit preparation for dairy market. The market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
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