+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Latin America Fruit Powder Market Report and Forecast 2024-2032

  • PDF Icon

    Report

  • 158 Pages
  • January 2024
  • Region: Latin America
  • Expert Market Research
  • ID: 5934595
According to the report, the Latin America fruit powder market reached a value of approximately USD 1187.6 million in 2023. Aided by the rising demand for convenient, health-centric food options and the versatile applications of fruit powders across various sectors, the market is further projected to grow at a CAGR of 6.40% between 2024 and 2032, reaching a value of USD 2001 million by 2032.

Fruit powders, made by dehydrating and finely grinding different fruits, are emerging as a popular ingredient in the food and beverage industry. They offer the dual benefits of extended shelf life and concentrated nutrient content. These powders are extensively used in products like smoothies, health bars, and desserts, offering a burst of natural flavour and nutritional benefits. The growing consumer awareness regarding health and wellness, coupled with the increasing trend towards natural and organic ingredients, is significantly driving the Latin America fruit powder market demand.

One of the key factors propelling the market's growth is the versatility of fruit powders. They are not only utilised in the food and beverage sector but also find applications in the pharmaceutical, cosmetics, and nutraceutical industries. In pharmaceuticals, they are used for their antioxidant properties and as natural flavouring agents. The cosmetics industry utilises them for their natural colorants and skin-beneficial properties. Additionally, in the nutraceutical sector, fruit powders are popular for their concentrated vitamin and mineral content, catering to the demand for natural dietary supplements.

The Latin America fruit powder market outlook is further being influenced by the surge in demand for exotic and tropical fruit powders, such as acai, guava, and mango, which are native to the region. These fruit powders are increasingly being recognised globally for their unique flavours and health benefits, thus opening international market opportunities. The export potential of these indigenous fruit powders is a significant growth driver for the Latin American fruit powder market.

The shift towards plant-based and vegan diets has been a contributing factor in the Latin America fruit powder market growth. Fruit powders offer a natural and vegan-friendly option for flavouring and nutritional enhancement in plant-based food products. This trend aligns well with the rising environmental consciousness and the move away from animal-derived ingredients.

Furthermore, the market outlook remains positive, bolstered by technological advancements in dehydration and preservation methods, which are making the production process more efficient and cost-effective. Additionally, the growing e-commerce sector is facilitating easier access to a variety of fruit powders, further enhancing market growth.

Market Segmentation

The market can be divided based on fruit type, application, and country.

Market Breakup by Fruit Type

  • Banana
  • Orange
  • Apple
  • Lemon
  • Pineapple
  • Grape
  • Mango
  • Berries
  • Others

Market Breakup by Application

  • Beverages
  • Bakery and Confectionery
  • Dairy
  • Soups and Sauces
  • Snacks/RTE Products
  • Others

Market Breakup by Country

  • Brazil
  • Argentina
  • Mexico
  • Others

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the Latin America fruit powder market. Some of the major players explored in the report are as follows:
  • Kanegarde Limited
  • Saipro Biotech Pvt Ltd
  • The Green Labs LLC
  • Sylvestre Ingredientes Naturais
  • Blue Macaw Flora Industria E Comercio De Ingredientes Naturais Ltda
  • Sol Organica SA
  • Others

Table of Contents

1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot7 Opportunities and Challenges in the Market
8 Latin America Fruit Powder Market Overview
8.1 Latin America Fruit Powder Historical Market (2018-2023)
8.2 Latin America Fruit Powder Market Forecast (2024-2032)
9 Latin America Fruit Powder Market by Fruit Type
9.1 Banana
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Orange
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Apple
9.3.1 Historical Trend (2018-2023)
9.3.2 Forecast Trend (2024-2032)
9.4 Lemon
9.4.1 Historical Trend (2018-2023)
9.4.2 Forecast Trend (2024-2032)
9.5 Pineapple
9.5.1 Historical Trend (2018-2023)
9.5.2 Forecast Trend (2024-2032)
9.6 Grape
9.6.1 Historical Trend (2018-2023)
9.6.2 Forecast Trend (2024-2032)
9.7 Mango
9.7.1 Historical Trend (2018-2023)
9.7.2 Forecast Trend (2024-2032)
9.8 Berries
9.8.1 Historical Trend (2018-2023)
9.8.2 Forecast Trend (2024-2032)
9.9 Others
10 Latin America Fruit Powder Market by Application
10.1 Beverages
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Bakery and Confectionery
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Dairy
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Soups and Sauces
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Snacks/RTE Products
10.5.1 Historical Trend (2018-2023)
10.5.2 Forecast Trend (2024-2032)
10.6 Others
11 Latin America Fruit Powder Market by Country
11.1 Brazil
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Argentina
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Mexico
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyer’s Power
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Kanegarde Limited
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Saipro Biotech Pvt Ltd
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 The Green Labs LLC
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Sylvestre Ingredientes Naturais
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Blue Macaw Flora Industria E Comercio De Ingredientes Naturais Ltda
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Sol Organica SA
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Fruit Powder Market: Key Industry Highlights, 2018 and 2032
2. Latin America Fruit Powder Historical Market: Breakup by Fruit Type (USD Million), 2018-2023
3. Latin America Fruit Powder Market Forecast: Breakup by Fruit Type (USD Million), 2024-2032
4. Latin America Fruit Powder Historical Market: Breakup by Application (USD Million), 2018-2023
5. Latin America Fruit Powder Market Forecast: Breakup by Application (USD Million), 2024-2032
6. Latin America Fruit Powder Historical Market: Breakup by Country (USD Million), 2018-2023
7. Latin America Fruit Powder Market Forecast: Breakup by Country (USD Million), 2024-2032
8. Latin America Fruit Powder Market Structure

Companies Mentioned

  • Kanegarde Limited
  • Saipro Biotech Pvt Ltd
  • The Green Labs LLC
  • Sylvestre Ingredientes Naturais
  • Blue Macaw Flora Industria E Comercio De Ingredientes Naturais Ltda
  • Sol Organica SA

Methodology

Loading
LOADING...