Vegetable Puree Market Trends and Dynamics By 2028
The global vegetable puree market size was USD 9.59 billion in 2020 and is anticipated to grow from USD 9.97 billion in 2021 to USD 14.40 billion in 2028 at a CAGR of 5.40% in the 2021-2028 period.
Vegetable purees have gained significant popularity in recent years, becoming a staple in various cuisines and households around the world. With the increasing emphasis on health and wellness, consumers are seeking convenient and nutritious food options, propelling the vegetable puree market into a prominent position. This article explores the current trends, market dynamics, and factors contributing to the growth of the vegetable puree market.
List of Key Companies Profiled:
- Nikken Foods Co. Ltd. (Tokyo, Japan)
- Sun Impex (Dubai, UAE)
- Conrox Agro and Food Pvt. (Maharashtra, India)
- Dohler GmbH (Darmstadt, Germany)
- Del Monte Foods Inc. (California, United States)
- Ingredion Incorporated (Illinois, United States)
- SVZ Industrial Fruit and Vegetable Ingredients (Netherlands)
- Baby Gourmet Foods Inc. (Calgary, Alberta)
- Encore Fruit Marketing Inc. (San Dimas, California)
- Kagome Co. Ltd. (Tokyo, Japan)
Source Link :
https://www.fortunebusinessinsights.com/vegetable-puree-market-104383
Market Overview:
The vegetable puree market has witnessed remarkable growth owing to the rising demand for convenient and healthy food choices. Vegetable purees are made by blending or processing vegetables into a smooth, consistent texture, making them versatile ingredients for a variety of dishes. The market includes a wide range of vegetable purees such as tomato, carrot, spinach, pumpkin, and more.
Key Drivers:
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Health and Wellness Trends: Consumers are increasingly adopting healthier lifestyles, and vegetable purees offer a convenient way to incorporate essential nutrients into their diet. With a focus on clean eating and natural ingredients, vegetable purees are perceived as a wholesome option.
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Convenience and Time-Saving: Busy lifestyles and a demand for quick meal solutions have fueled the popularity of vegetable purees. These products save time in the kitchen and provide a shortcut for those who want to prepare nutritious meals without the hassle of chopping and cooking fresh vegetables.
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Rising Vegan and Plant-Based Diet: The growing interest in plant-based diets and the surge in veganism have contributed to the expansion of the vegetable puree market. These purees serve as a versatile ingredient for creating plant-based recipes and enhancing the nutritional value of meals.
Market Challenges:
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Perceived Lack of Freshness: Some consumers express concerns about the freshness and taste of vegetable purees compared to using fresh vegetables. Overcoming this perception is crucial for market players to sustain growth.
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High Processing Costs: The production and processing of vegetable purees can involve substantial costs, impacting the final product’s pricing. Manufacturers need to strike a balance between offering quality products and maintaining affordability.
Market Segmentation:
The vegetable puree market can be segmented based on type, application, and distribution channel.
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Type: Tomato, carrot, spinach, pumpkin, and mixed vegetable purees are among the popular types in the market.
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Application: Vegetable purees find applications in soups, sauces, baby food, pet food, and ready-to-eat meals.
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Distribution Channel: Supermarkets/hypermarkets, online retail, and specialty stores are common distribution channels for vegetable purees.
Future Outlook:
The vegetable puree market is poised for continued growth as consumer preferences shift towards healthier and more convenient food options. Manufacturers are likely to focus on innovation, introducing new flavors and combinations to cater to diverse tastes. Additionally, strategic marketing emphasizing the nutritional benefits of vegetable purees will play a crucial role in expanding market reach.