Vegetable Concentrates Market 2024-2028: Size and Stringent food safety legislations; growth driven by the Type, Some of key Companies Positioned Strategically

The vegetable concentrates market size by Type (Paste and purees and Pieces and powders) and Geography (North America, Europe, APAC, South America, and Middle East and Africa), is forecast to increase by USD 96.8 million. The market is expected to grow at a CAGR of   3.27% between 2024 and 2028.

• The global vegetable concentrates market is subject to stringent regulations imposed by various authorities in different countries, posing significant challenges for manufacturers. Compliance with these regulations, which encompass permit granting, container and packaging standards, agricultural practices, and product expiry, varies from nation to nation. For instance, in the United States, the Food and Drug Administration (FDA) closely regulates the manufacture and labeling of juice products containing fruits and vegetables. The FDA also issues guidelines to minimize microbial food safety hazards associated with fresh-cut fruits and vegetables. Adherence to these regulations adds to the operational costs and complexities for market players.
• The Vegetable Concentrates Market represents a significant business opportunity for manufacturers and suppliers due to increasing consumer preference for healthy, nutrient-dense foods. These concentrates offer a cost-effective and convenient solution for food and beverage companies to enhance their product offerings, with benefits including extended shelf life, improved flavor, and enhanced nutritional value. Key market drivers include rising health consciousness, population growth, and technological advancements in production processes.

Access the full report to know who are the other key countries segment-wise forecast and historic data

Some of the Key Companies:

• Archer Daniels Midland Co.
• BMT Commodity Corp.
• Brecon Foods Inc.
• Capricorn Food Products India Ltd.
• Cooperatie Koninklijke Cosun UA
• Dohler GmbH
• Encore Fruit Marketing Inc.
• Flavourtech Pty Ltd.
• Grunewald International
• Ingredion Inc.
• Invertec Foods
• JC Dudley and Co Ltd.
• Kanegrade Ltd.
• LEMONCONCENTRATE SLU
• Milne
• Nestle SA
• Rahal Fruits and Flavors Inc.
• Sensient Technologies Corp.
• SunOpta Inc.
• Symrise AG

Contacts

Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/