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Passion Fruit Concentrate Market projected to reach US$ 668.83 million and Growing ar a CAGR of 4.7% during forecast period 2021-2027

passion fruit concentrate market projected to reach us 668 83 million and growing ar a cagr of 4 7 during forecast period 2021 2027

iCrowdNewswire   Feb 3, 2021  5:57 AM ET

The passion fruit concentrate market was valued at US$ 464.57 million in 2019 and is projected to reach US$ 668.83 million by 2027; it is expected to grow at a CAGR of 4.7% from 2020 to 2027.

Passion Fruit Concentrate Market study by “The Insight Partners” provides details about the market dynamics affecting the market, Market scope, Market segmentation and overlays shadow upon the leading market players highlighting the favorable competitive landscape and trends prevailing over the years.

An exclusive Passion Fruit Concentrate market research report provides depth analysis of the market dynamics across five regions such as North America, Europe, South America, Asia-Pacific, Middle East and Africa. The segmentation of the market by type, application, and region was done based on the thorough market analysis and validation through extensive primary inputs from industry experts, key opinion leaders of companies, and stakeholders) and secondary research (global/regional associations, trade journals, technical white papers, company’s website, annual report SEC filing, and paid databases). Further, the market has been estimated by utilizing various research methodologies and internal statistical model.

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Key Players:

  1. Britvic plc
  2. Ceres Fruit Juices Pty Ltd,
  3. CO-RO A/S (Sunquick Concentrate)
  4. Dafruta
  5. Ingredion Incorporated
  6. Kiril Mischeff Group Ltd
  7. Passi AG
  8. Planters Treasure Enterprises Private Limited
  9. Quicornac S.A.
  10. The Perfect Purée of Napa Valley

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  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Passion Fruit Concentrate market.
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  • The key findings and recommendations highlight crucial progressive industry trends in the Passion Fruit Concentrate market, thereby allowing players to develop effective long term strategies in order to garner their market revenue.
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
  • Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those restraining the growth at a certain extent.
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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South America is expected to grow with the highest CAGR of 5.4% during the forecast period. Passion fruit is native to subtropical regions of South America. It is commonly eaten as fresh fruit and is processed for cooking purposes in South America. The demand for passion fruit concentrate is expected to increase in the region owing to the shift of consumer’s preference toward products with health benefits. High disposable income and changing lifestyles of the growing population also boosts the demand. A shift in the eating habits, living patterns, and rising disposable income of consumers also fuels the demand for passion fruit concentrate in the South American region. The wide-scale availability of fresh passion fruit in the region fruit is another factor that bolsters the growth of passion fruit concentrate in the South American region.

The report is a combination of qualitative and quantitative analysis of the Passion Fruit Concentrate industry. The global market majorly considers five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America (SACM). The report also focuses on the exhaustive PEST analysis and extensive market dynamics during the forecast period.

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Email: sales@theinsightpartners.com


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