Freeze Dried Fruit Extract: Market Introduction
Food and beverage industry is witnessing considerable amount of growth in different regions across the world. Therefore it is creating huge demand for freeze dried fruit extract for number of applications as freeze dried fruit is rich source of phytochemicals and the nutrients as well which are very essential for human body.
The extract of these freeze dried fruits is widely used in the making of the breads, muffins and cookies also. Along with that, freeze dried fruit extract is also used in the packed fruit juices so as to maintain the nutritional value of the juice.
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In addition to this, freeze dried fruit extract offer different applications in personal care industry as well. Freeze dried fruit extract is used in different personal care products such as facewash, shampoo and body lotions.
The use freeze dried fruit extract in these products gives fragrance to these products and also the extracts of the fruits are considered as a good source of keeping the skin soft.
Considering the all the applications of freeze dried fruit extract in different industry such as food and beverage and the personal care industry, freeze dried fruit extract is opening up numerous market opportunities for dragon fruit based products over the forecast period (2020-2030).
Global Freeze Dried Fruit Extract Market is Experiencing Mixed results due to COVID-19 Outbreak
The freeze dried fruit extract offers many applications in different industries such as food and beverage and personal care industry. As, the extract of freeze dried fruits is used in many food products and also in juices, the demand for freeze dried fruit extract has increased even in the lockdown which has been imposed by the government due to the COVID-19 outbreak.
But, the imposition of lockdown resulted in the halted production activity and the disrupted supply chain. This has affected the freeze dried fruit extract market as the supply chain has been disturbed and there is no proper movement of goods from one place to the other. Therefore, the freeze dried fruit extract market growth has been affected to some extent during the lockdown period.
Segmentation analysis of Global Freeze Dried Fruit Extract Market
Global freeze dried fruit extract market is bifurcated into five major categories: Product, Application, End use, distribution channel and region.
On the basis of product, the global market for freeze dried fruit extract is categorized as:
- Apple
- Strawberry
- Orange
- Peach
- Other
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On the basis of Application, the global market for freeze dried fruit extract is categorized as:
- Face wash
- Shampoo
- Cornflakes
- Others
On the basis of End use, the global market for freeze dried fruit extract is categorized as:
- Food and beverage
- Personal care
- Other
On the basis of sales channel, the global market for freeze dried fruit extract is categorized as:
- Modern Trade Channel
- Traditional Grocery Store
- Conventional Store
- Online Channels
- Other Retail Formats
- Direct Sales
Based on the region, the global market for freeze dried fruit extract is segmented as:
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
Freeze Dried Fruit Extract Market: Regional Outlook
Asia- Pacific region is considered as one of the most important region for the growth of the freeze dried fruit extract market because of the exponential growth of the personal care industry in last few years. People from the countries such as India and China are using large number of personal care products and hence, it is the key factor in the growth of the market.
Furthermore, U.S is expected to be the key region for the freeze dried fruit extract market growth considering the rapid growth in the food and beverage industry. The demand for healthy diet is more in this region and freeze dried fruit extracts are widely used in the food products such as cornflakes. Therefore, it is expected to drive the market growth in U.S region.
Freeze Dried Fruit Extract Market: Competitive Landscape
Amazonia Bio a U.S based freeze dried fruit extract producing company has grown considerably over the years as a result of increasing use and different advantages of freeze dried fruit extract. The company uses the natural foods which are generally found in the Amazon rainforest and then extracts these fruits.
Other key players in the Freeze dried fruit extract market includes Samarkand Agri 2018 llc, Mlb Biotrade, Fujian Lixing Foods Co.Ltd, YS ingredients Co.Ltd, Agico Food, Xinjiang Bibaha International Trade co.Ltd, and Qingdao Eurasia Co.Ltd.
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