Numerous uses of apple juice concentrate in the food processing industry is one of the major reasons anticipated to boost market growth over the forecast period. The consumption of nutritional juices has significantly increased as a result of peoples' shifting dietary choices, which is predicted to boost the market's demand for apple juice concentrates. The expansion of the global apple juice concentrate market is being driven by an increase in the demand, production, and consumption of all the aforementioned food goods. For instance, the World Wide Fund for Nature Inc., an international non-governmental organisation, reported in January 2022 that the demand for dairy products is still rising, largely as a result of population growth, rising incomes, urbanisation, and the westernisation of diets in nations like China and India.
The global Apple Juice Concentrate Market is estimated to surpass US$ 4,159.57 million by the end of 2030, in terms of revenue, exhibiting a CAGR of 5.8% during the forecast period (2022 to 2030).
Major Players in the Apple Juice Concentrate Industry:
1. AGRANA Beteiligungs-AG: Agrana Beteiligungs AG is a raw material processor that creates food and intermediate goods for both the food industry's downstream use as well as for non-food purposes. The business is divided into the Sugar, Starch, and Fruit divisions. Founded 1988. Austria's main office.
2. Döhler GmbH: Producer of technologically advanced natural substances designed to transform innovative concepts into goods. Customers can select the desired items from the company's portfolio of natural flavours, natural colours, coating systems, health components, sweetening systems, fermented ingredients, and vegetable ingredients. Founded 1837. German headquarters are in Darmstadt. Zumos Catalano Aragoneses S.A. (ZUCASA) and Döhler Group have agreed that Döhler Group will purchase the majority of ZUCASA's shares.
3. FIL Industries Private Limited: The FIL Group is a multifaceted commercial entity with interests in infrastructure development for the mountains, tourism, food and beverage, and agriculture. Founded in 1989 with the goal of supplying international goods to India's agriculture sector, and since then, succeeded in becoming a bridge connecting the product's origin and the end user.
4. H&H Products Company: Manufacturer of syrup, ingredients, and beverages for the food service sector. Shampoo, toothpaste, baby oil, body spray, baby powder, deodorant, hand and body lotion, shaving cream, skin moisturisers, mouthwash, ostomy spray cleaner, zinc oxide, and other products are produced, blended, packaged, and distributed by the business. Founded 1964. Admin centre in the U.S.
5. Himalyan Food Park: A company called Himalaya Food International Ltd. is in the food processing business and produces IQF ready-to-eat foods as well as grows and processes mushrooms. Office location: Kashipur, Uttarakhand. Created on July 30, 2012.
Definition: Fruit juices are reduced down to concentrate in order to lessen its shipment weight and lengthen its shelf life, making it a much cheaper option for big juice manufacturers
