Saudi Arabia Fruit Concentrate Market By Fruit Type (Citrus fruits, Red Fruits and Berries, Tropical Fruits and Others) By Product Type (Liquid, Powder and Others) By Application (Beverage, Bakery, Confectionery, Dairy, Others) By Region, Company Forecast & Opportunities, 2028

Saudi Arabia Fruit Concentrate market is expected to grow at a steady CAGR during the forecast period. The rise in the awareness among the consumers regarding the benefits of a healthy lifestyle and dietary choices is the driving factor for the fruit concentrate market growth in the next five years. Consumers of the Saudi Arabia region prefer for intake of carbohydrate-rich food items, and the shift in preference of consumers to inculcate vitamin, mineral, and fiber-rich food items for their daily intake of food items are contributing significantly to the growth of the Fruit Concentrate market. The rapid urbanization of the people in search of better job opportunities and quality living standards are expected to influence the growth of the Fruit Concentrate market. The rise in the disposable income of the consumers is aiding in increasing the expenditure capacity of consumers to afford nutritious food items and beverages. Saudi Arabia government is trying to diversify the income resources to reduce the dependency on the oil industry by generating other sources of income by introducing supportive policies and regulations, thereby boosting the growth of the Fruit Concentrate industry. The high demand from the bakery as a substitute of refined sugar the Fruit Concentrate is considered as a healthy alternative in bakery and confectionaries.

Saudi Arabia Fruit Concentrate market is segmented into fruit type, product type, application, regional distribution, and company. Based on fruit type, the market is divided into citrus fruits, red fruits and berries, tropical fruits, and others. The tropical fruits segment is expected to witness growth in the forecast period, 2024-2028. Growing preference for consumption of tropical flavors and the shift in inclination of the consumers is the driving factor for the growth of the Fruit Concentrate market. The high demand for flavored cake among children and the inclusion of tropical concentrate in juices and other products is influencing the market growth. 

The major players operating in the Saudi Arabia Fruit Concentrate market are Döhler Middle East Ltd., Kerry Group Plc, SunOpta, Inc., Archer-Daniels-Midland Company, Tree Top, Inc., China Haisheng Juice Holdings Co. Ltd., Symrise AG, Ingredion Incorporated, Tate & Lyle PLC, Coca-Cola Company Saudi Arabia, Capricon Holdings Ltd., Oceanaa Biotek Industries Ltd, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

• To analyze the historical growth of the market size of Saudi Arabia Fruit Concentrate market from 2018 to 2021.
• To estimate and forecast the market size of Saudi Arabia Fruit Concentrate market from 2022 to 2028 and growth rate until 2028.
• To classify and forecast Saudi Arabia Fruit Concentrate market based on fruit type, product type, application, regional distribution, and company.
• To identify dominant region or segment in the Saudi Arabia Fruit Concentrate market.
• To identify drivers and challenges for Saudi Arabia Fruit Concentrate market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Saudi Arabia Fruit Concentrate market.
• To identify and analyze the profile of leading players operating in Saudi Arabia Fruit Concentrate market.
• To identify key sustainable strategies adopted by market players in Saudi Arabia Fruit Concentrate market.

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of Saudi Arabia Fruit Concentrate market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

• Fruit Concentrate manufacturing companies
• Market research and consulting firms
• Government bodies such as regulating authorities and policy makers
• Organizations, forums, and alliances related to Fruit Concentrate market

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Saudi Arabia Fruit Concentrate market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Saudi Arabia Fruit Concentrate Market, By Fruit Type:

• Citrus fruits
• Red Fruits and Berries
• Tropical Fruits
• Others
• Saudi Arabia Fruit Concentrate Market, By Product Type:
• Liquid
• Powder
• Others
• Saudi Arabia Fruit Concentrate Market, By Application:
• Beverage
• Bakery
• Confectionery
• Dairy
• Others
• Saudi Arabia Fruit Concentrate Market, By Region:

o   Western Region

o   Northern & Central Region

o   Eastern Region

o   Southern Region

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Saudi Arabia Fruit Concentrate market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

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