According to the report, the global mango puree market was valued at around USD 950 million in 2017 and is expected to reach approximately USD 2,120 million by 2024, at a CAGR of slightly above 7.7% between 2018 and 2024.
New York, NY, Jan. 14, 2019 (GLOBE NEWSWIRE) — Zion Market Research has published a new report titled “Mango Puree Market by Nature (Organic and Conventional), by Packaging (Can, Pouch, P.E.T Jars, and Bottles), and by Distribution Channel (Departmental Stores, Convenience Stores, Specialty Stores, Online Retail, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017—2024’’. According to the report, the global mango puree market was valued at around USD 950 million in 2017 and is expected to reach approximately USD 2,120 million by 2024, at a CAGR of slightly above 7.7% between 2018 and 2024.
Mango puree is prepared from selected varieties of fresh mango fruit. The preparation process includes cutting, de-stoning, refining, and packing. In case of aseptic products, the pulp is sterilized and packed in aseptic bags. The refined pulp is packed in cans, hermetically sealed, and retorted. The frozen pulp is pasteurized and deep-frozen in plate freezers. This process ensures that the natural flavor and aroma of the fruit is retained in the final products.
Browse through 105 Tables & 28 Figures spread over 110 Pages and in-depth TOC on “Global Mango Puree Market: Industry Type, Size, Share, Trends and Forecast, 2017—2024”.
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The major factor that is likely to support the growth of the mango puree market is the increased product demand from the beverage industry in the upcoming years. Various large-scale food producers have introduced products based on mango puree into the market. Various companies, such as Starbucks, McDonald’s, etc., largely use fruit purees in their smoothies. These smoothies are in large demand among the consumers, which is likely to positively leverage the mango puree market in the future. Moreover, increasing consumption of flavored yogurt in various regions across the globe is anticipated to further support the growth of this market. The organic mango puree is in higher demand by consumers due to growing awareness regarding the usage of organic products. Alternatively, increasing product applications in various segments, such as ice cream and baby food, is expected to create many growth opportunities for the key players operating in the global mango puree market in the future.
The global mango puree market can be segmented based on nature, packaging, and distribution channel. By nature, the market is segmented into organic and conventional. Organic mango purre segment is expected to dominate the global mango puree market, owing to the wide product availability in various parts of the world. The packaging segment is divided into cans, pouches, P.E.T jars, and bottles. By distribution channel, the market is segmented into departmental stores, convenience stores, specialty stores, online retail, and others. Pouches are expected to dominate the global mango puree market due to their flexibility and ability to keep the product fresh and best to store liquid and semi-liquid products.
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By region, this global market includes Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa. The Asia Pacific region held a significant share of the global mango puree market in terms of volume in the year 2017. This is due to the huge demand for organic fruit juice across the region. India is one of the biggest exporters of mangoes in the entire region. Moreover, a large number of key players are present in this region that is fuelling various product developments, which, in turn, is likely to drive this regional market in the future.
North America is likely to witness a substantial rate of growth in the global mango puree market and register the highest rate in the years to come. The region is experiencing steady growth in various end-use industries and developed countries, such as Canada and the U.S., are likely to hold a large share of the global mango puree market. Moreover, the growing consumer demand for organic mango puree in the region is another major factor that is likely to support the growth of this regional market in the upcoming years.
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The European region is likely to witness a sluggish rate of growth in the mango puree market over the forecast time period. The region is experiencing considerable demand for mango puree due to increased consumer preference for buying natural or organic products. Moreover, there is tremendous growth witnessed in the beverage industry, which is also anticipated to support the growth of the region’s mango puree market over the estimated timeline.
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Some major players operating in the global mango puree market include Varadaraja Foods Private Limited, Tree Top Inc., Dohler GmbH, Galla Foods, Mother India Farms, AGRANA Group, Superior Foods, Inc., and 7D Mangoes, among others.
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This report segments the global mango puree market into:
Mango Puree Market: Nature Analysis
Mango Puree Market: Packaging Analysis
- P.E.T Jars
Mango Puree Market: Distribution Channel Analysis
- Departmental Stores
- Convenience Stores
- Specialty Stores
- Online Retail
Mango Puree Market: Regional Analysis
- North America
- The U.S.
- Asia Pacific
- Latin America
- The Middle East and Africa
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