Mango Puree Market is set to expand at 7% CAGR by 2034, reaching a valuation of US$ 3.56 billion | Future Market Insights, Inc.
Mango puree finds extensive application across the food and beverage industry in the United States, catering to diverse consumer preferences. United States Mango Puree Market is growing at a CAGR of by 2034. Incorporating mango puree into culinary creations enhances the flavor profile of numerous dishes, ranging from smoothies and beverages to desserts and sauces, thereby satisfying the varied tastes of American consumers.
NEWARK, Del, March 28, 2024 (GLOBE NEWSWIRE) -- The mango puree market is predicted to be valued at US$ 1.8 billion by 2024. The market valuation is estimated to be US$ 3.56 billion by 2034, projected at a CAGR of 7%.The market for mango puree is expanding as customer demand for natural and healthful food products rises. Smoothies, drinks, desserts, sauces, etc., are using mango puree, which is densely becoming popular as an ingredient due to its flavor and nutritional value.
Dangers and difficulties are some of the major reasons the market faces. The effect of weather variations and climate change has become hazardous for mango production. Adverse weather conditions like hurricanes, floods, and droughts majorly impact the production of mango crops, which causes shortages and price volatility in the market.
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Besides challenges, the market also sees potentialities with every passing day. Convenience food and beverage sales are growing worldwide. Ready-to-use food ingredients like mango puree are in high demand due to changing lifestyles and rising urbanization. Manufacturers can profit from this trend by providing value-added products and creating packaging formats that meet changing consumer tastes.
*Key Takeaways from the Market Study*
· Under source type, the organic mango puree is accounted to hold a market share of 65.2% in 2024.
· Germany is expected to register at a CAGR of 8.1% by 2034.
· India registers significant growth, projected at a CAGR of 9.1% by 2034.
· Based on end user, the beverage segment is accounted to hold a market share of 35.3% in 2024.
“The rise in consumer preference for natural and healthy food choices is one significant driver for the mango puree market,” Nandini Roy Choudhury, Client Partner at Future Market Insights.
*Competitive Landscape*
Important competitors in the mango puree market are present like Del Monte Foods, ITC Limited, and Kiril Mischeff. Such market players provide a large selection of mango puree products that suit different needs in food and drink.
Strong competition strengthens innovation and boosts industry standards, giving consumers access to a wide range of premium mango puree options.
Some of the key developments are:
· In 2021, Kiril Mischeff, unveiled novel package designs for its line of mango puree goods. The developments were made to extend product shelf life, preserve freshness, and meet changing customer and food industry demands.
· In 2021, ITC Limited introduced a high-end line of mango puree products under its well-known brand name. ITC Limited launched premium mango puree made from particular mango types using its agriculture and food processing knowledge.
*More Valuable Insights Available*
Future Market Insights offers an unbiased global Mango Puree market analysis, providing historical data from 2019 to 2023 and forecast statistics from 2024 to 2034
To understand market opportunities, the Mango Puree market is segmented based on Source (Organic Mango Puree, Conventional Mango Puree), End Use (Infant Food, Beverage, Bakery and Snacks, Ice Cream and Yoghurt, Dressings and Sauces), and Region (North America, Latin America, Western Europe, Eastern Europe, South Asia and Pacific, East Asia, and the Middle East and Africa).
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*Key Segments*
By Source:
· Organic
· Conventional
By End Use:
· Infant Food
· Beverage
· Bakery and Snacks
· Ice Cream and Yoghurt
· Dressings and SaucesBy Region:
· North America
· Latin America
· Western Europe
· Eastern Europe
· South Asia and Pacific
· East Asia
· Middle East and Africa*Report Scope*
*Attributes* Details
*Estimated Market Size in 2024* US$ 1.8 billion
*Projected Market Valuation in 2034* US$ 3.56 billion
*Value-based CAGR 2024 to 2034* 7 %
*Forecast Period* 2024 to 2034
*Historical Data Available for* 2019 to 2023
*Market Analysis* Value in US$ billion
*Key Regions Covered* · North America
· Latin America
· Western Europe
· Eastern Europe
· South Asia and Pacific
· East Asia
· The Middle East and Africa
*Key Market Segments Covered* · Source
· End use
· Region
*Key Countries Profiled* · The United States
· Canada
· Brazil
· Mexico
· Germany
· The United Kingdom
· France
· Spain
· Italy
· Russia
· Poland
· Czech Republic
· Romania
· India
· Bangladesh
· Australia
· New Zealand
· China
· Japan
· South Korea
· GCC countries
· South Africa
· Israel
*Key Companies Profiled* · Döhler GmbH
· Kiril Mischeff
· Tree Top Inc.
· AGRANA Beteiligungs-AG
· ITC Limited
· KUO Group
· Capricorn Food Products India Ltd
· SVZ International B.V.
· Aditi Foods India Pvt. Ltd.
· Inborja S.A.
· Kerr Concentrates Inc.
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*About the Food and Beverage Division at Future Market Insights*
The food and beverage team at Future Market Insights offers expert analysis, time-efficient research, and strategic recommendations to provide authentic insights and accurate results to help clients worldwide. With over 100+ reports and one million+ data points, the team has analyzed the industry lucidly in 50+ countries for over a decade. The team briefly analyzes key trends, including competitive landscape, profit margin, and research development efforts.
*Authored by:*
Nandini Roy Choudhury (Client Partner for Food & Beverages at Future Market Insights, Inc.) has 7+ years of management consulting experience. She advises industry leaders and explores off-the-eye opportunities and challenges. She puts processes and operating models in place to support their business objectives.
She has exceptional analytical skills and often brings thought leadership to the table.
Nandini has vast functional expertise in key niches, including but not limited to food ingredients, nutrition & health solutions, animal nutrition, and marine nutrients. She is also well-versed in the pharmaceuticals, biotechnology, retail, and chemical sectors, where she advises market participants to develop methodologies and strategies that deliver results.
Her core expertise lies in corporate growth strategy, sales and marketing effectiveness, acquisitions and post-merger integration and cost reduction. Nandini has an MBA in Finance from MIT School of Business. She also holds a Bachelor’s Degree in Electrical Engineering from Nagpur University, India.
Nandini has authored several publications, and quoted in journals including Beverage Industry, Bloomberg, and Wine Industry Advisor.
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