Apple Concentrate Market, by Product Type (Liquid Concentrate, Solid Concentrate), by Application (Food, Beverages, Cosmetics, Pharmaceutical Flavors, Others (decorative, for artificial ripening, etc.), and by Regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

Published In : Aug 2022

Code : CMI3248

Pages :120

Formats :

Excel and PDF

Industry : Food and Beverages

Apple Concentrate MarketSize and Trends

Global apple concentrate market was valued at US$ 2,852.71 Million in 2021 in terms of revenue, exhibiting a CAGR of 5.8% during the forecast period (2022 to 2030).

Among region, Europe dominated the global apple concentrate market in 2021, reporting 48.4% market share in terms of revenue, followed by North America and Asia Pacific, respectively

Figure 1. Global Apple Concentrate Market Value Share (%), By Region, 2021

Figure 2. Global Apple Concentrate Market Value Share (%), By Application, 2021

Based on application, the market for global apple concentrate is segmented into food, beverages, cosmetics, pharmaceuticals, flavor, and others. In 2021, beverage accounted for the largest market share of 68.8%, in terms of revenue, followed by food and pharmaceuticals.

Market- Trends

The Apple concentrate market is experiencing key trends such as the launch of new flavors and variations in products using apple concentrates. The rise in consumer awareness about the benefits of apple concentrates and increasing usage in various dietary supplements and manufactured products are driving the market trends.