Market Size of Europe Fruit & Vegetable Ingredients Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2019 - 2022 |
CAGR | 4.46 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Europe Fruit & Vegetable Ingredients Market Analysis
During the time frame of the forecast, the European Fruit and Vegetable Ingredient Market is expected to register a CAGR of 4.46 %.
The market is primarily driven by the growing usage of vegetable ingredients in ready-to-eat food products that include snacks, ready-to-eat meals, and other processed foods, which are often preferred by consumers in the region owing to factors such as ease of preparation and storage. According to the Office for National Statistics (UK), in 2021, the sales of prepared meals and dishes increased to approximately USD 5.07 billion, a rise over USD 4.78 billion in 2020. Fruits and vegetable ingredients of various forms, such as powders and pieces, play a significant role in desserts, beverages, and other applications for their taste, color, nutritional content, and texture, among other characteristics. Additionally, ingredients such as fruit and vegetable powders are often utilized as a seasoning, filling, or topping in various food and beverage recipes. Also, more and more botanical ingredients are being used to make dietary supplements and nutraceuticals because they have a lot of nutrients and are good for your health.
There is an increased consumer preference for fresh produce, like freeze-dried and frozen fruit and vegetable ingredients, with increasing awareness about their higher nutritional value, which is boosting the market in the region. The market is primarily driven by the extensive utilization of fruit and vegetable ingredients in dairy applications across the region. Dairy products such as smoothies, shakes, ice creams, and flavored milk are a few of the commonly observed finished products in which fruit ingredients are used on a large scale. Weight management and general health and well-being are the biggest concerns for European consumers. This is driving the demand for fruit- and vegetable-based powders and pieces that can be easily added to flavored water, juices, and yogurts, which is driving market growth.
Europe Fruit & Vegetable Ingredients Industry Segmentation
Fruit and vegetable ingredients are suitable for various food and beverage applications, helping to increase the appeal of food items. Fruit and vegetable ingredients are widely employed in the food and beverage industries, and they come in puree, concentrates, small pieces, and other forms. The Europe Fruit and Vegetable Ingredient Market is segmented by ingredient type, product type, application, and geography. By ingredient type, the market is segmented into fruits and vegetables. By product type, the market is segmented into concentrates, pastes and purees, pieces and powders, and NFC juices. By application, the market is segmented into beverages, confectionery products, bakery products, soups and sauces, dairy products, and RTE products. Based on geography, the market is segmented into Germany, the United Kingdom, France, Russia, Italy, Spain, and the Rest of Europe. For each segment, the market sizing and forecasts have been done on the basis of value (in USD million).
Ingredient Type | |
Fruits | |
Vegetables |
Product Type | |
Concentrates | |
Pastes and Purees | |
Pieces and Powders | |
NFC Juices |
Application | |
Beverages | |
Confectionery Products | |
Bakery Products | |
Soups and Sauces | |
Dairy Products | |
RTE Products |
Geography | |
Germany | |
United Kingdom | |
France | |
Russia | |
Italy | |
Spain | |
Rest of Europe |
Europe Fruit & Vegetable Ingredients Market Size Summary
The European fruit and vegetable ingredients market is experiencing significant growth, driven by the increasing demand for these ingredients in ready-to-eat and processed food products. Consumers in the region are favoring convenience foods that offer ease of preparation and storage, which has led to a rise in the use of vegetable ingredients in snacks and ready-to-eat meals. Additionally, fruit and vegetable ingredients are becoming essential in enhancing the taste, color, and nutritional value of various food and beverage applications, including desserts, beverages, and dietary supplements. The market is also benefiting from the growing consumer preference for fresh produce, such as freeze-dried and frozen ingredients, which are recognized for their superior nutritional benefits. This trend is further supported by the rising awareness of health and wellness, prompting consumers to seek out fruit- and vegetable-based products that align with their dietary preferences and lifestyle choices.
The market's expansion is further fueled by the increasing adoption of vegan lifestyles and the recognition of the health benefits associated with fruits and vegetables. This shift is encouraging companies to innovate and launch new ingredients for functional foods and beverages, often in collaboration with key industry players. The United Kingdom, in particular, is witnessing a surge in the use of natural and organic fruit and vegetable pastes and purees across various sectors, including dairy, bakery, and beverages. The competitive landscape of the European fruit and vegetable ingredients market is characterized by the presence of both local and international players, who are actively engaging in strategic initiatives such as product launches, partnerships, and acquisitions to capture market share. These efforts are complemented by the introduction of innovative products, such as freeze-dried ingredients and reduced-sugar fruit juices, which cater to the evolving consumer preferences for healthier and more sustainable food options.
Europe Fruit & Vegetable Ingredients Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Ingredient Type
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2.1.1 Fruits
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2.1.2 Vegetables
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2.2 Product Type
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2.2.1 Concentrates
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2.2.2 Pastes and Purees
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2.2.3 Pieces and Powders
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2.2.4 NFC Juices
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2.3 Application
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2.3.1 Beverages
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2.3.2 Confectionery Products
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2.3.3 Bakery Products
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2.3.4 Soups and Sauces
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2.3.5 Dairy Products
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2.3.6 RTE Products
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2.4 Geography
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2.4.1 Germany
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2.4.2 United Kingdom
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2.4.3 France
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2.4.4 Russia
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2.4.5 Italy
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2.4.6 Spain
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2.4.7 Rest of Europe
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Europe Fruit & Vegetable Ingredients Market Size FAQs
What is the current Europe Fruit & Vegetable Ingredients Market size?
The Europe Fruit & Vegetable Ingredients Market is projected to register a CAGR of 4.46% during the forecast period (2024-2029)
Who are the key players in Europe Fruit & Vegetable Ingredients Market?
Archer Daniels Midland Company, Kerry Group PLC, Olam International Limited, SunOpta, Inc. and Symrise AG are the major companies operating in the Europe Fruit & Vegetable Ingredients Market.