Global Fruit Pomace Market Size By Fruit Type, By Application, By End-Use Industry, By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Fruit Pomace Market Size By Fruit Type, By Application, By End-Use Industry, By Geographic Scope And Forecast
Fruit Pomace Market Size And Forecast
Fruit Pomace Market size was valued at USD xx Billion in 2023 and is projected to reach USD xx Billion by 2030, growing at a CAGR of xx% during the forecast period 2024-2030.
Global Fruit Pomace Market Drivers
The market drivers for the Fruit Pomace Market can be influenced by various factors. These may include
- Initiatives to Reduce Food Waste As environmental sustainability and food waste become more pressing issues, fruit pomace—a byproduct of fruit processing—is being used as a value-added component in a variety of food and beverage items. This helps to reduce food waste.
- Benefits for Nutrition Fruit pomace is a desired component for boosting the nutritional profile of food products including baked goods, beverages, snacks, and supplements since it contains important nutrients, dietary fibre, antioxidants, and phytochemicals obtained from fruit skins, pulp, and seeds.
- Fruit pomace is known for its functional qualities, which include moisture retention, fat replacement, and texture enhancement. As a result, it can be used to manufacture healthier food products with lower fat, sugar, and calorie content.
- Fruit pomace is being used as a natural source of flavour, colour, and nutritional enrichment in food and beverage applications due to consumer demand for clean labels and natural ingredients. This meets consumer preferences for minimally processed and identifiable ingredients.
- Food and Beverage Industry Growth Opportunities to incorporate fruit pomace into a variety of food items are created by the food and beverage industry’s expansion, which is fueled by factors such as urbanisation, rising disposable incomes, changing dietary patterns, and the need for convenience foods.
- Technological Advances in Food Processing Fruit pomace can now be used to extract and utilise bioactive compounds and functional ingredients more effectively, leading to a wider range of applications. Examples of these technologies include freeze-drying, supercritical fluid extraction, and enzyme-assisted extraction.
- Regulatory Support and Guidelines Manufacturers are encouraged to integrate fruit pomace into food products in accordance with consumer expectations and regulatory requirements by means of guidelines supporting the use of byproducts in food production, sustainability initiatives, and regulatory support for reducing food waste.
- Cost-Effectiveness and Economic Benefits Repurposing byproducts that would otherwise be thrown, cutting waste disposal expenses, and creating new revenue streams are just a few of the ways that using fruit pomace as an ingredient gives food makers cost-effective solutions.
- Market Demand for Natural Food Additives Fruit pomace is being adopted as a natural and sustainable substitute for synthetic additives, owing to consumer demand for natural food additives, colourants, and flavourings. This is boosting the growth of the food and beverage sector.
- Product Innovation and Differentiation By adding fruit pomace to food and drink recipes, value-added products with distinctive flavours, textures, and nutritional advantages can be developed, increasing their marketability and appealingness to consumers.
Global Fruit Pomace Market Restraints
Several factors can act as restraints or challenges for the Fruit Pomace Market. These may include
- Limited Shelf Life Because fruit pomace is perishable, its shelf life as a byproduct of fruit processing is limited. Optimising storage and preservation techniques can increase production costs and logistical issues by preventing spoiling and maintaining product quality.
- Seasonal Availability The availability of fruit pomace is frequently linked to the cycles of seasonal fruit harvests. Weather, crop yields, and agricultural techniques can all cause fluctuations in the availability and production of pomace, which can have an impact on pricing and market stability.
- Processing Restrictions To dry, grind, and extract useful components from fruit pomace, specific tools and methods are needed. Insufficient availability of processing facilities and technological know-how, particularly in remote regions, may impede the growth of markets and the potential to scale.
- Regulatory Compliance Fruit pomace products must abide by quality standards, food safety laws, and labelling requirements. To guarantee consumer safety and market acceptance, manufacturers are required to abide by regulatory rules for the handling, processing, and labelling of pomace.
- Perception and Acceptance by Consumers Depending on elements including flavour, texture, and nutritional content, consumers’ opinions of fruit pomace products may differ. It is possible to affect market acceptance and demand by informing consumers about the advantages of pomace-derived goods and resolving issues with taste and quality.
- Competition from Alternative components In a variety of applications, including animal feed, biofuels, and dietary supplements, fruit pomace faces competition from other agricultural waste and alternative components. Strategies for differentiation and market positioning are necessary to effectively compete with substitute ingredients.
- Logistical Difficulties with shipping perishable goods in larger quantities, there may be logistical difficulties with moving fruit pomace from processing plants to final markets. In order to keep costs down and guarantee the freshness and quality of the product, efficient logistics for storage and transportation are essential.
- Price Volatility Changes in the cost of inputs, market demand, and fruit prices can all affect how much fruit pomace products cost. Manufacturers need to use risk hedging techniques, pricing strategies, and efficient supply chain management to control price risks.
- Limited Application Development Fruit pomace may not be as well-known or have as many applications as it could in some markets, despite its promise as a useful element. To increase market prospects and discover new uses and applications for goods obtained from pomace, research and development activities are required.
- Environmental Sustainability Concerns Waste reduction, resource conservation, and greenhouse gas emissions are just a few of the environmental issues that make sustainable management of fruit pomace waste more crucial. It can be expensive to implement environmentally appropriate disposal and recycling methods, yet doing so is necessary for long-term environmental sustainability.
Global Fruit Pomace Market Segmentation Analysis
The Global Fruit Pomace Market is Segmented on the basis of Fruit Type, Application, End-Use Industry, and Geography.
Fruit Pomace Market, By Fruit Type
- Apple Pomace Residue remaining after the extraction of juice or cider from apples.
- Grape Pomace Residue left after pressing grapes for winemaking, often called grape marc.
- Citrus Pomace Residue obtained from citrus fruits such as oranges, lemons, and limes after juice extraction.
- Berry Pomace Residue remaining after processing berries such as strawberries, blueberries, raspberries, and blackberries.
- Stone Fruit Pomace Residue from stone fruits like peaches, plums, cherries, and apricots after juice extraction or processing.
- Other Fruit Pomace Residue from other fruits like pears, pineapples, mangoes, and bananas.
Fruit Pomace Market, By Application
- Animal Feed Used as a dietary supplement for livestock and pets due to its high fiber and nutrient content.
- Food and Beverage Used as an ingredient in food products such as bakery items, cereals, snacks, and beverages for flavor, color, and nutritional enrichment.
- Biofuel Production Utilized as a feedstock for the production of biofuels such as bioethanol and biogas through fermentation or anaerobic digestion processes.
- Cosmetics and Personal Care Used in skincare products, haircare products, and cosmetics for its antioxidant and moisturizing properties.
- Pharmaceuticals Extracts from fruit pomace may be used in pharmaceutical formulations for their potential health benefits and bioactive compounds.
- Nutraceuticals and Dietary Supplements Fruit pomace extracts may be used in nutraceutical products and dietary supplements for their antioxidant, antimicrobial, and anti-inflammatory properties.
Fruit Pomace Market, By End-Use Industry
- Food and Beverage Industry Major consumers of fruit pomace for use as ingredients in various food and beverage products.
- Animal Feed Industry Utilizes fruit pomace as a feed ingredient for livestock and pet nutrition.Biofuel IndustryUtilizes fruit pomace as a feedstock for biofuel production, contributing to renewable energy initiatives.
- Cosmetics and Personal Care Industry Incorporates fruit pomace extracts into skincare, haircare, and cosmetic products for their beneficial properties.
- Pharmaceutical Industry Utilizes fruit pomace extracts for pharmaceutical formulations and nutraceutical products.
- Others Various other industries may utilize fruit pomace for applications such as composting, bioremediation, and soil amendment.
Fruit Pomace Market, By Geography
- North America A significant market for fruit pomace due to the presence of large-scale fruit processing industries and growing demand for sustainable waste utilization.
- Europe A mature market with strict regulations promoting waste reduction and circular economy initiatives, driving the utilization of fruit pomace for various applications.
- Asia-Pacific The fastest-growing market due to rapid urbanization, increasing food and beverage consumption, and growing awareness of sustainable practices.
- Latin America An emerging market with abundant fruit production and growing investments in food processing and agricultural sectors.
- Middle East and Africa A developing market with rising demand for value-added agricultural products and increasing focus on waste management and resource efficiency.
Key Players
The major players in the Fruit Pomace Market are
- Citrosuco
- LaBuddhe Group
- Agrana
- Louis Dreyfus Company
- Marshall Ingredients
- Yantai North Andre Juice
- Sucocitrico Cutrale
- Constellation Brands
- FruitSmart
- GreenField
- Appol Sp. z o.o.
- Vivify Specialty Ingredients
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2020-2030 |
BASE YEAR | 2023 |
FORECAST PERIOD | 2024-2030 |
HISTORICAL PERIOD | 2020-2022 |
KEY COMPANIES PROFILED | Citrosuco, LaBuddhe Group, Agrana, Louis Dreyfus Company, Marshall Ingredients, Sucocitrico Cutrale, Constellation Brands, FruitSmart, GreenField. |
SEGMENTS COVERED | By Fruit Type, By Application, By End-Use Industry, and By Geography. |
CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope. |
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