Saudi Arabia Fruit Concentrate market is
expected to grow at a steady CAGR during the forecast period. The rise in the
awareness among the consumers regarding the benefits of a healthy lifestyle and
dietary choices is the driving factor for the fruit concentrate market growth
in the next five years. Consumers of the Saudi Arabia region prefer for intake
of carbohydrate-rich food items, and the shift in preference of consumers to
inculcate vitamin, mineral, and fiber-rich food items for their daily intake of
food items are contributing significantly to the growth of the Fruit
Concentrate market. The rapid urbanization of the people in search of better
job opportunities and quality living standards are expected to influence the
growth of the Fruit Concentrate market. The rise in the disposable income of
the consumers is aiding in increasing the expenditure capacity of consumers to
afford nutritious food items and beverages. Saudi Arabia government is trying
to diversify the income resources to reduce the dependency on the oil industry
by generating other sources of income by introducing supportive policies and
regulations, thereby boosting the growth of the Fruit Concentrate industry. The
high demand from the bakery as a substitute of refined sugar the Fruit Concentrate
is considered as a healthy alternative in bakery and confectionaries.
Saudi Arabia Fruit Concentrate market is
segmented into fruit type, product type, application, regional distribution,
and company. Based on fruit type, the market is divided into citrus fruits, red
fruits and berries, tropical fruits, and others. The tropical fruits segment is
expected to witness growth in the forecast period, 2024-2028. Growing
preference for consumption of tropical flavors and the shift in inclination of
the consumers is the driving factor for the growth of the Fruit Concentrate
market. The high demand for flavored cake among children and the inclusion of
tropical concentrate in juices and other products is influencing the market
growth.
The major players operating in the Saudi
Arabia Fruit Concentrate market are Döhler Middle East
Ltd., Kerry Group Plc, SunOpta, Inc., Archer-Daniels-Midland Company, Tree Top,
Inc., China Haisheng Juice Holdings Co. Ltd., Symrise AG, Ingredion
Incorporated, Tate & Lyle PLC, Coca-Cola Company Saudi Arabia, Capricon
Holdings Ltd., Oceanaa Biotek Industries Ltd, among others. Major companies are
developing advanced technologies and launching new services to stay competitive
in the market. Other competitive strategies include mergers & acquisitions
and new service developments.
Objective of the Study:
- To analyze the historical growth of the market size of Saudi
Arabia Fruit Concentrate market from 2018 to 2021.
- To estimate and forecast the market size of Saudi Arabia Fruit
Concentrate market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast Saudi Arabia Fruit Concentrate market based
on fruit type, product type, application, regional distribution, and
company.
- To identify dominant region or segment in the Saudi Arabia Fruit
Concentrate market.
- To identify drivers and challenges for Saudi Arabia Fruit
Concentrate market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Saudi Arabia Fruit
Concentrate market.
- To identify and analyze the profile of leading players operating in
Saudi Arabia Fruit Concentrate market.
- To identify key sustainable strategies adopted by market players in
Saudi Arabia Fruit Concentrate market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of manufacturers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the manufacturers which could not be identified
due to the limitations of secondary research. TechSci Research analyzed the manufacturers,
distribution channels and presence of all major players across the globe.
TechSci
Research calculated the market size of Saudi Arabia Fruit Concentrate market using a bottom-up approach, wherein
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Fruit Concentrate manufacturing companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums, and alliances related
to Fruit Concentrate market
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as manufacturers,
suppliers and partners, end users, etc., besides allowing them in strategizing
investments and capitalizing on market opportunities.
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Attribute
|
Details
|
|
Base Year
|
2022
|
|
Historical Data
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2018 –
2021
|
|
Estimated Year
|
2023
|
|
Forecast Period
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2024
– 2028
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|
Quantitative Units
|
Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F
|
|
Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
|
Segments covered
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·
Fruit Type
·
Product Type
·
Application
|
|
Regional scope
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Western
Region, Northern And Central Region, Eastern Region, Southern Region
|
|
Key companies profiled
|
Döhler Middle East Ltd., Kerry Group Plc, SunOpta, Inc.,
Archer-Daniels-Midland Company, Tree Top, Inc., China Haisheng Juice Holdings
Co. Ltd., Symrise AG, Ingredion Incorporated, Tate & Lyle PLC, Coca-Cola
Company Saudi Arabia, Capricon Holdings Ltd., Oceanaa Biotek Industries Ltd
|
|
Customization scope
|
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
|
Delivery Format
|
PDF
and Excel through Email (We can also provide the editable version of the
report in PPT/Word format on special request)
|
Report Scope:
In this report, Saudi Arabia Fruit
Concentrate market has been segmented into following categories, in addition to
the industry trends which have also been detailed below:
·
Saudi Arabia Fruit Concentrate Market, By
Fruit Type:
- Citrus
fruits
- Red
Fruits and Berries
- Tropical
Fruits
- Others
- Saudi Arabia Fruit Concentrate Market, By Product Type:
- Saudi Arabia Fruit Concentrate Market, By Application:
- Beverage
- Bakery
- Confectionery
- Dairy
- Others
- Saudi Arabia Fruit Concentrate
Market, By Region:
o Western Region
o Northern & Central Region
o Eastern Region
o Southern Region
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Saudi Arabia Fruit Concentrate market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]