Global Fruits and Vegetables Ingredients Market Overview
The Fruits and Vegetables Ingredients Market Size was valued at USD 159.1 Billion in 2023. The Fruits and Vegetables Ingredients market industry is projected to grow from USD 167.69 Billion in 2024 to USD 243.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 4.76% during the forecast period (2024 - 2032). The growing customer demand for natural and nutritious food products is one factor driving the market for fruit and vegetable ingredients. The market is expanding as more people prioritize their health and prefer fruits and vegetables as essential ingredients in various food and beverage applications. These are the key market drivers enhancing market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Fruits and Vegetables Ingredients Market Trends
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Increasing consumer demand for natural and healthy food products is contributing to the market growth.
Market CAGR for the market can be attributed to the growing worry that the harmful health impacts of processed and artificially enhanced food products are one of the main causes of this change in consumer behavior. The hazards of consuming chemicals, preservatives, and artificial flavors frequently found in processed foods are becoming increasingly well-known to consumers. As a result, there is an increasing need for goods made with natural ingredients because they are thought to be healthier and more wholesome.
It is well acknowledged that fruits and vegetables are nourishing and good for human health. They are known to have several health benefits, including lowering the risk of chronic diseases like cardiovascular diseases, diabetes, and cancer. They are rich in important vitamins, minerals, and dietary fiber. Further adding to their appeal among health-conscious consumers, fruits and vegetables are frequently linked to qualities like freshness, purity, and authenticity. Clean eating and wellness-oriented lifestyles have also been increasingly popular in recent years. Foods that are whole and unprocessed are becoming more and more popular, with a focus on fruits, vegetables, and other plant-based nutrients. This movement aims to achieve sustainable weight management, improve physical fitness, and improve overall health. The rising incidence of dietary restrictions and food allergies has also influenced the demand for natural ingredients. Many people adopt specialized diets because of their situations, moral convictions, or personal preferences. For instance, people with celiac disease or gluten intolerance choose gluten-free goods, and vegans and vegetarians avoid foods that include animal products. Fruits and vegetables are an appealing alternative for a wide spectrum of customers since they offer a flexible and inclusive solution for these nutritional needs. Additionally, the growth of social media and online platforms has aided in disseminating knowledge and information regarding healthy eating practices. Eating fruits and vegetables as part of a balanced diet is aggressively promoted by influencers, nutritionists, and wellness advocates. The growing demand for natural and healthy food products, notably those that contain fruits and vegetables, has been largely attributed to this exposure to health-related material, which has considerably influenced consumer choices.
The food industry has seen a surge in producing and marketing products using fruits and vegetables as essential ingredients in response to this increased customer demand. To improve the nutritional value and all-natural appeal of their goods, food makers add fruits and vegetables in various forms, including juices, purees, concentrates, powders, and extracts. This tendency is seen in various food and beverage categories, including beverages, dairy products, bakery goods, snacks, and infant food. Thus, driving the Fruits and Vegetables Ingredients market revenue.
Fruits and Vegetables Ingredients Market Segment Insights
Fruits and Vegetables Ingredients Category Insights
The Fruits and Vegetables Ingredients market segmentation is based on organic and conventional categories. Organic food is the most popular commodity in the market for fruits and vegetables. Organic fruits and vegetables are grown Without synthetic fertilizers, pesticides, or genetically modified organisms (GMOs). They are raised utilizing environmentally sustainable organic farming practices that prioritize biodiversity, soil health, and soil health. As consumers look for healthier and greener options, the demand for organic goods has risen. The presumed better nutritional value and lower exposure to dangerous chemicals of organic fruits and vegetables make them a preferred option among health-conscious people.
Figure 1: Fruits and Vegetables Ingredients Market, by Source, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Fruits and Vegetables Ingredients Form Insights
The Fruits and Vegetables Ingredients market segmentation is based on form, including concentrates, pastes & purees, NFC juices, pieces and powder, and others. Concentrates are the item on the list used most frequently in the market for fruits and vegetables as ingredients. Due to their adaptability and concentrated flavor, concentrates are frequently used in various food and beverage applications. They are created by extracting water from fruits and vegetables, leaving behind a concentrated version that keeps all vital nutrients and flavors. Concentrates offer convenience, dependable quality, and improved flavor as a base ingredient in creating juices, drinks, sauces, soups, and other culinary products.
Fruits and Vegetables Ingredients Application Insights
The Fruits and Vegetables Ingredients market segmentation is based on applications, including bakery & confectionery, beverages, dairy & frozen desserts, soups, sauces, & dressings, sweet & savory snacks, and others. Soups, sauces, and dressings are the items on the list used most frequently in the market for fruits and vegetables. To add taste, texture, and nutritional value to a range of soups, sauces, and dressings, fruits and vegetables are frequently used in their preparation. In addition to adding to the flavor and perfume of these gourmet creations, they also offer vital vitamins, minerals, and antioxidants. Fruits and vegetables are crucial components that improve the entire flavor and appeal of these products, whether used in creamy vegetable soups, tangy salad dressings, or pasta sauces with tomato as the main ingredient.
Fruits and Vegetables Ingredients Regional Insights
By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. Europe has a robust agricultural industry that produces a lot of fruits and vegetables. The rich culinary legacy of European nations stresses the use of seasonal, premium foods, especially fruits and vegetables. The increasing demand for natural and nutritious food products caused by European consumers' strong emphasis on health and wellness is another factor driving the region's market for fruits and vegetable ingredients.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: FRUITS AND VEGETABLES INGREDIENTS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
North America Fruits and Vegetables Ingredients market accounts for the second-largest market share. Due to its plentiful agricultural resources, a wide variety of fruits and vegetables, rich culinary heritage, and rising demand for natural and traditional ingredients in domestic and international markets, North America is the fourth region well recognized for the market. Further, the US Fruits and Vegetables Ingredients market held the largest market share, and the Canada Fruits and Vegetables Ingredients market was the fastest growing market in the region.
The Asia-Pacific Fruits and Vegetables Ingredients Market is expected to grow fastest from 2023 to 2032. Due to its sizable population, rising disposable income, shifting dietary preferences, and abundant agricultural resources, the Asia Pacific area is the one most frequently acknowledged for the market, making it a key consumer and producer of fruits and vegetable ingredients. Moreover, China’s Fruits and Vegetables Ingredients market held the largest market share, and the Indian Fruits and Vegetables Ingredients market was the fastest growing market in the Asia-Pacific region.
Fruits and Vegetables Ingredients Key Market Players & Competitive Insights
Leading market players are focusing on providing environmentally friendly manufacturing products. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. Furthermore, the market leaders in the Fruits and Vegetables Ingredients industry are expected to increase their market share by investing in their R&D departments.
Additionally, the leaders in the Fruits and Vegetables Ingredients industry are expected to increase spending on R&D departments. Forecasts suggest that Fruits and Vegetables Ingredients industry will make incredible changes in their Forms. Major Fruits and Vegetables Ingredients market players include Olam International Ltd., Ingredion Inc, Tate & Lyle Plc, Sensient Technologies Corporation, Kerry Group PLC, and Sunopta are attempting to increase market demand by investing in research and development operations.
A provider of ingredients solutions, Ingredion Inc., focuses on giving various sectors cutting-edge ingredient solutions. The organization, which has its headquarters in Westchester, Illinois, services clients in more than 60 different markets while operating in more than 120 different countries. With a more than 100-year history, Ingredion has made a name for itself as a reliable business partner in the food, beverage, pharmaceutical, personal care, and other sectors. The company's main objective is to develop sustainable ingredient solutions that satisfy the changing needs of its clients and tackle the problems that the sector is now facing. A wide range of starches, sweeteners, nutrition additives, and biomaterials are available from Ingredion and come from different sources like corn, tapioca, potatoes, and other grains.
Kerry Group PLC is an international food and beverage company with its worldwide headquarters in Tralee, County Kerry, Ireland. Kerry Group, a market leader in providing cutting-edge flavor and nutrition solutions to the food, beverage, and pharmaceutical industries, operates on six continents. Since its founding in 1972, the Kerry Group has established a solid reputation for its proficiency in creating and delivering specialized solutions that are tailored to the specific requirements of its clients. To improve consumer goods' flavor, texture, and nutritional profile, the company's diverse range comprises flavors, ingredients, and nutritional items. Taste & Nutrition and Consumer Foods are the primary business sectors through which Kerry Group operates. A wide range of solutions, including savory ingredients, sweet ingredients, beverage systems, and functional additives, are offered by the Taste & Nutrition section. These solutions are made to satisfy clients' particular needs in the food and beverage sector, assisting them in developing delectable and cutting-edge goods that appeal to consumers.
Key Companies in the Fruits and Vegetables Ingredients market include
- Olam International Ltd.
- Ingredion Inc
- Tate & Lyle Plc
- Sensient Technologies Corporation
- Kerry Group PLC
- Sunopta, Inc.
- Diana Group S.A.S.
- Döhler
- Cargill, Incorporated
- SensoryEffects Ingredient Solutions
- American Key Food Products Inc
- Svz International B.V.
Fruits and Vegetables Ingredients Industry Developments
September 2023: If you’re looking for cheap vegetables, fruits, meat and seafood check out Tekka Market which reopens on 30 September 2023 after a 3-month renovation.
Wet markets are such a wonderful and unique feature of Singapore and Tekka Market (also known as Tekka Centre) – which sits right at the beginning of Little India (Serangoon Road, or first left onto Buffalo Road for easy underground parking) is definitely one of the most vibrant food markets! While you’ll see many tourists on private tours here, Tekka Centre/Tekka Market is a hot spot for foodies carefully picking out the perfect vegetables and fresh fish as well as those after a quick biryani lunch!
Tekka Centre was closed for 3 months for renovation works and will fully reopen on 30 September 2023. The improvements include a fresh coat of paint on the Tekka Centre building facade, installation of new flooring, new tables, chairs, and fans, as well as upgraded toilets. The retail stalls on the second floor were reopened on 31 August (well in time for Deepavali and Indian clothes shopping) while the first level, which houses food stalls and a wet market, opens on 30 September 2023.
April 2022: In their line of purslane components, Van DrunenFarms introduced a new product in April 2022 called purslane powder. According to the manufacturer, this powder can make functional foods, smoothies, meal replacements, green drinks, and superfood blends.
April 2022: In Eden Prairie, Minnesota, SunOpta Inc. unveiled its new corporate headquarters and innovation centre in April 2022. The business opened its brand-new, 65,000-square-foot headquarters and eco-innovation hub.
Fruits and Vegetables Ingredients Market Segmentation
Fruits and Vegetables Ingredients Category Outlook
Fruits and Vegetables Ingredients Form Outlook
- Concentrates
- Pastes & Purees
- NFC Juices
- Pieces and Powder
- Others
Fruits and Vegetables Ingredients Application Outlook
- Bakery & Confectionary
- Beverages
- Dairy & Frozen Desserts
- Soups, Sauces, & Dressings
- Sweet & Savory Snacks
- Others
Fruits and Vegetables Ingredients Regional Outlook
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
- Rest of the World
- Middle East
- Africa
- Latin America
Report Attribute/Metric |
Details |
Market Size 2023 |
USD 159.1 Billion |
Market Size 2024 |
USD 167.69 Billion |
Market Size 2032 |
USD 243.2 Billion |
Compound Annual Growth Rate (CAGR) |
4.76% (2024-2032) |
Base Year |
2023 |
Market Forecast Period |
2024-2032 |
Historical Data |
2018- 2022 |
Market Forecast Units |
Value (USD Billion) |
Report Cover Form |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Category, Form, Application, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
Olam International Ltd., Ingredion Inc, Tate & Lyle Plc, Sensient Technologies Corporation, Kerry Group PLC, Sunopta, Inc., Diana Group S.A.S., Dรถhler, Cargill, Incorporated, SensoryEffects Ingredient Solutions, American Key Food Products Inc, and Svz International B.V. |
Key Market Opportunities |
Increasing consumer demand for natural and healthy food products. |
Key Market Dynamics |
Growing preference for fruits and vegetables as key ingredients in various food and beverage applications. |
Fruit Vegetable Ingredients Market Highlights:
Frequently Asked Questions (FAQ) :
The Fruits and Vegetables Ingredients market size was valued at USD 159.1 Billion in 2023.
The market is projected to grow at a CAGR of 4.76% during the forecast period, 2024-2032.
North America had the largest share in the market.
The key players in the market are Olam International Ltd., Ingredion Inc, Tate & Lyle Plc, Sensient Technologies Corporation, Kerry Group PLC, Sunopta, Inc., and Diana Group S.A.S.
Organic dominated the market in 2023.
Concentrates had the largest share in the market.