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The fruit powder market share in India is expected to increase by USD 72.15 million from 2021 to 2026, and the market's growth momentum will decelerate at a CAGR of 7.61%.
This fruit powder market research report of India provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers the fruit powder market segmentation in India by type (mango, strawberry, banana, guava, and others) and application (beverages and foods). The fruit powder market report in India also offers information on several market vendors, including Aarkay Food Products Ltd., DMH Ingredients Inc., Farmvilla Food Industries Pvt. Ltd., Foods and Inns Ltd., FutureCeuticals Inc., International Flavors and Fragrances Inc., Iprona Spa, Kanegrade Ltd., La Herbal (India), and Saipro Biotech Pvt. Ltd. among others.
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The increasing demand for super fruit powders is notably driving the fruit powder market growth in India, although factors such as natural disasters and adverse weather conditions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the fruit powder industry in India. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Fruit Powder Market Driver in India
One of the key factors driving growth in the fruit powder market in India is the increasing demand for superfruit powders. The past few years have witnessed a drastic rise in the number of health issues such as diabetes, obesity, and allergies among consumers. Consumers have become increasingly health-conscious and are even following a healthier lifestyle to prevent or reduce the occurrence of diseases. They are switching from artificial ingredients to all-natural products, thereby increasing the overall demand for products that offer added value. Various superfruits, such as pomegranate, blueberry, and strawberry are used in the form of concentrates by food and beverage players. With the growing demand for superfruits among consumers, it is expected that more players would be launching superfruit powders that can be added as an ingredient in food and beverage, pharmaceutical, and nutraceutical applications.
Key Fruit Powder Market Challenge in India
Natural disasters and adverse weather conditions will be a major challenge for the fruit powder market in India during the forecast period. Fruit and vegetable plantations are vulnerable to natural disasters and adverse weather conditions, which can further affect the production of fruit powders. Many fruits and vegetables are grown in limited locations. Thus, fruit powder manufacturing players rely on suppliers operating in these limited locations, which indirectly makes them depend on factors like weather conditions and production suitability. Storms, hurricanes, and cyclones wreak havoc on agriculture, especially irrigation infrastructure. Households in locations prone to these types of climate shocks frequently face consecutive low harvests because they are unable to obtain the inputs needed to rehabilitate their damaged crops. Thus, such natural disasters and adverse weather conditions in these countries affect the overall fruit powder market in India during the forecast period.
This fruit powder market in India analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the fruit powder market in India encompasses successful business strategies deployed by the key vendors. The fruit powder market in India is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The fruit powder market in India forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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The fruit powder market share growth in India by the mango segment will be significant during the forecast period. This report provides an accurate prediction of the contribution of all the segments to the growth of the fruit powder market size in India and actionable market insights on post COVID-19 impact on each segment.
Fruit Powder Market Scope in India |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 7.61% |
Market growth 2022-2026 |
$ 72.15 million |
Market structure |
Fragmented |
YoY growth (%) |
8.97 |
Regional analysis |
India |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
Aarkay Food Products Ltd., DMH Ingredients Inc., Farmvilla Food Industries Pvt. Ltd., Foods and Inns Ltd., FutureCeuticals Inc., International Flavors and Fragrances Inc., Iprona Spa, Kanegrade Ltd., La Herbal (India), and Saipro Biotech Pvt. Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Market Segmentation by Type
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
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