Global Fruit Fillings Market to Reach USD 3.8 Billion by 2028, Fueled by Changing Consumer Preferences and Convenience Foods

According to a research report titled "Fruit Fillings Market by Filling Type, Fruit Type (Berries, Citrus Fruits, Tropical Fruits), Application (Bakery, Confectionery, Dairy, Ice Cream, Beverages), and Region (North America, Europe, Asia Pacific, RoW) - Global Forecast to 2028" published by MarketsandMarkets, the global Fruit Fillings market is projected to reach USD 3.8 billion by 2028, up from USD 3.0 billion in 2023, with a CAGR of 4.6% during the forecast period in terms of value.

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This market has been steadily growing in recent years, driven by increased consumer demand for convenient foods, the popularity of on-the-go snacks, and the rise of e-commerce platforms. Furthermore, consumers are increasingly inclined towards premium products and are exploring new cuisines. They are willing to invest in high-quality, nutritious products with fewer calories and less sugar, and this trend is expected to persist. Thus, the market's growth is primarily attributed to changing consumer preferences and the increasing demand for natural, healthier, and flavorful food ingredients.

Key Highlights of the Report:

1. Fruit Fillings without Pieces to Lead in 2023:

The fruit fillings without pieces segment is expected to dominate the market among filling types in 2023. These fruit fillings, typically in pureed, paste, or sauce format, offer delicious fruity flavors and essential micronutrients. They are known for their convenience and versatility in various food and beverage applications, driving their growth in the market.

2. Berries to Exhibit Fastest Growth:

Among all fruit types, the berries segment is projected to grow at the highest rate in the Fruit Fillings market in 2023. Berries such as strawberries, blueberries, raspberries, blackberries, and cranberries are favored for their unique flavor, nutritional value, and vibrant colors. They are commonly used in fruit fillings for bakery and confectionery products, including cakes, pastries, pies, and donuts. The steady growth in berry production for the food processing industry indicates an increasing demand for value-added berry fruit products, boosting the fruit fillings market.

3. Asia Pacific Leads in Growth:

The Asia Pacific region is experiencing the highest growth rate in the Fruit Fillings market. Increased demand for bakery and confectionery products, coupled with the rising middle-class population and their higher disposable incomes in emerging economies such as India, China, and Indonesia, has contributed to the growing demand for fruit fillings in the region. Additionally, the expansion of modern retail channels offering a wide range of food and beverage products, along with increased consumption of baked goods, is fueling the market for fruit fillings.

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4. Key Players:

Key players in the fruit fillings market include Puratos Group (Belgium), Dawn Food Products Inc. (US), Agrana Beteiligungs- AG (Austria), CSM Ingredients (Luxembourg), Bakels Worldwide (Switzerland), Barry Callebaut (Switzerland), Andros Group (France), Zentis Gmbh & Co. KG (Germany), Rice & Company Inc. (US), and Fruit Filling Inc. (US).

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This release was published on openPR.