Guava puree Market Size, Industry Analysis Report, Regional Outlook, Application Development Potential, Price Trends, Competitive Market Share & Forecast, 2020 – 2026
Report ID: GMI4780
Global Guava Puree Market size shall experience significant market growth in upcoming years. Guava fruit is native to countries such as Peru and Mexico and containing high nutritional value used in various processed products. Guava puree is made from guava fruits that has been cut, deseeded, pulped, refined and homogenized into a creamy liquid. Guava puree is one of the famous flavoring ingredients in beverages industry. These purees are available in both sweet and sour format and ranges from white to deep pink color with semiliquid texture.
Emerging food and beverage industry and increasing demand for fruit beverages driving the market growth. Moreover, increasing health concerns and rising disposable income resulted in growing consumer expenditure on healthy food products. Guava fruit is rich in many nutritional contains and enhance flavors of beverages, frozen desserts and other bakery products. The puree/paste is thick and smooth in texture and has wide usage in making beverages, syrups, jams and jellies, ice cream topping, fruit sauces and dressing.
Improving living standards and busy lifestyles resulted in high demand for RTD beverages, frozen and packed food products and bakery and confectionery products, thereby promoting product demand. Guava puree has wide application in making bakery & snacks, yoghurt, ice cream and infants food owning to its refreshing flavor and taste.
Busy life schedule results in stressful life and health problems thereby inclining consumers towards healthy and organic diet. Emerging trends like physical fitness and healthy meals influences consumers to include fruits in their daily meal, this should drive the product share. Increasing application of fruits extracts and pulp in making beverages a functional food items to attract the health-conscious customer base driving the guava puree market growth.
Manufacturers are taking continuous efforts to sustain in market competition. Companies are taking efforts in R&D activities and innovations in products in terms of packaging, new flavors and variety. Guava puree is getting huge popularity in domestic AND commercial applications in making sweet snacks, desserts, bakery goods and beverages to improve its flavors and increase shelf life. Guava purees is available in frozen, canned, and aseptic package form for convenient usage to consumers.
North America guava puree market is expected to witness significant market growth owing to increased consumer preference for fruits in daily diet. Rising demand for organic and natural beverages due to growing health concerns and improving lifestyles in countries such as U.S. and Canada driving the market growth in this region.
Europe is likely to show significant gains over forecasted period. U.K, Italy and other European countries showing high preference for fruit puree than the consumption of fresh fruits should fuel the product market. Guava fruits has excellent flavors and health benefits and has wide application in making syrups, frozen food, bakery good and ice cremes. Increasing financial status and rising awareness regarding benefits of products promoting the food and beverage industry growth I this region, thereby driving the guava puree market growth.
Asia Pacific guava puree market led by India and China is showing high market growth in recent years due to improving living standards and increasing per capita income. Guava fruit is considered an important fruit in tropical and subtropical regions including India and Pakistan, so has huge product demand from these markets. Growing food and beverages industry, increasing packed food and frozen food demand creates wide scope for market growth. Advancements in manufacturing company and developing R&D sectors in developing countries promoting the market growth in upcoming years.
The major market players in guava puree market include ITC Limited, Kiril Mischeff, Döhler GmbH, Aditi Foods India Pvt. Ltd., Capricorn Food Products India Ltd., Citrofrut S.A. de C.V. and Superior Foods, Inc.
Guava puree Market, By Product Type, 2015-2026 (Tons) (USD Million)
- Tropical White
- Tropical Pink
- Other Varieties
Guava puree Market, By Nature, 2015-2026 (Tons) (USD Million)
Guava puree Market, By Application, 2015-2026 (Tons) (USD Million)
- Infant Food
- Bakery & Snacks
- Ice Cream & Yoghurt
- Dressing & Sauces
The above information is provided for the following regions and countries:
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- South Africa
- Saudi Arabia
- ITC Limited
- Kiril Mischeff
- Döhler GmbH
- Aditi Foods India Pvt. Ltd.
- Capricorn Food Products India Ltd.
- Citrofrut S.A. de C.V.
- Superior Foods, Inc.
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