The Global Vegetable Puree Market is
estimated to be valued at USD 11,851.1 Million by 2025 and is
expected to register a CAGR of 4.86% during the forecast
period. Vegetable Puree is a smooth thick pulp form of vegetables.
Each vegetable puree type holds health benefits and is used as an ingredient in
the food processing industry as per their demand. Some of the applicable
industry for vegetable puree include baby nutrition, beverages, dairy &
frozen desserts, soups, sauces, & dressings, among others.
Europe was the largest market for vegetable purees in 2018,
and the regional market is expected to exhibit the highest CAGR during the
review period. Increasing demand for plant-based beverages is expected to surge
the growth of vegetable puree in the beverage industry in Europe. Asia-Pacific
is expected to be an attractive regional market for the manufacturers of
vegetable puree owing to the growth of food processing industry in the
developing countries of this region. In Europe, surging demand for agarwood oil
as a base ingredient in perfumes offered by several European brands has
resulted in market growth.
Segmental Analysis
The global vegetable puree market has been segmented on the
basis of type, category, application, and region.
By type, the market has been divided into a tomato, carrot,
beetroot, pumpkin, peas, spinach, butternut squash, zucchini, bell pepper, and
others. The tomato segment accounted for the prominent market share in
2018 with its wide application in sauces and dressings. However, the spinach
segment is projected to exhibit the highest CAGR during the forecast period.
Spinach puree has found its application in baby nutrition, juices, and
smoothies. It is also used in various baked products.
On the basis of category, the global vegetable puree market
has been segmented into organic and conventional. The conventional segment
accounted for the larger market share in 2018 owing to major vegetables grown
using conventional farming practices. However, the organic segment is projected
to grow at a higher rate owing to changing consumer preferences towards organic
foods and food ingredients.
Regional Analysis
Geographically, the global vegetable puree market has been
segmented into North America, Europe, Asia-Pacific, and the rest of the world.
As per MRFR analysis, Europe dominated the market, accounting for the largest
share, in 2018. Moreover, the market in Asia-Pacific is expected to register
the highest CAGR of 5.65% during the assessment period. The North American
market accounted for the second-largest market share in 2018.
Key Findings of the Study:
The global vegetable puree market is expected to register a
growth rate of 86% from 2019 to 2025. The surging demand for healthy and
natural ingredients in food & beverages is projected to propel the growth
of the global vegetable puree market.
The tomato puree segment is estimated to maintain its
prominent share, registering a substantial growth rate of 40% during the
forecast period.
On the basis of application, the beverages segment is expected
to hold the largest market share during the forecast period and is projected to
register a growth rate of 70%.
Complete Report Details @ https://www.marketresearchfuture.com/reports/vegetable-puree-market-5493
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