With the mango purees trend picking across the world, the global mango puree market is set to gain from this phenomenon and jump from a value of USD 1.8 billion in 2024 to USD 3.56 billion by 2034, expanding at a CAGR of 7%.
Attributes | Details |
---|---|
Mango Puree Market Value for 2024 | USD 1.8 billion |
Mango Puree Market Value for 2034 | USD 3.56 billion |
Mango Puree Market Forecast CAGR for 2024 to 2034 | 7% |
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In 2019, the global mango puree market was estimated to reach a valuation of USD 995 million. The mango puree market witnessed significant growth, registering a CAGR of 6.6% during the historical period 2019 to 2023.
Historical CAGR | 6.6% |
---|---|
Forecast CAGR | 7% |
The main drivers of this expansion were the expanded usage of mango puree as an ingredient in a wide range of food and beverage applications, along with the growing consumer desire for natural and healthful fruit-based goods.
With a predicted CAGR of 7% from 2024 to 2030, FMI projects that the mango puree market will continue to develop. The continued demand for mango puree worldwide, fueled by variables including globalization, shifting consumer preferences, and the adaptability of the puree in culinary applications, is reflected in the anticipated rise.
Advancements in processing technology and packaging formats are anticipated to expand the market. This will give producers the chance to launch new mango puree products and adapt to changing customer tastes and trends.
The below section shows the leading segment. Based on the source, the organic mango puree segment is accounted to hold a market share of 65.2% in 2024. Based on end-use, the beverage segment is accounted to hold a market share of 35.3% in 2024.
As organic mango puree is produced without pesticides, uses sustainable agricultural practices, and is said to have health benefits, it is becoming increasingly popular among consumers concerned about the environment and their health.
The natural and tasty beverage market is driven by consumers growing desire for healthier substitutes for carbonated and sugary drinks.
Category | Market Share in 2024 |
---|---|
Organic Mango Puree | 65.2% |
Beverage | 35.3% |
The organic mango puree market is expected to grow rapidly and reach a large market share of 65.2% by 2024. This domination results from a growing inclination toward organic food due to worries about sustainability, environmental impact, and health.
Due to natural and pesticide-free qualities, organic mango puree is in high demand among health-conscious consumers looking for healthy and environmentally responsible solutions.
The beverage segment had a significant market share of 35.3% in terms of end-use in 2024. In the beverage business, mango puree is widely used to make juices, smoothies, nectars, and other fruit-based drinks.
With rich flavor, brilliant color, and nutritional qualities, mango puree is popular among beverage manufacturers, satisfying consumer demands for tasty and refreshing beverages. The market for mango puree is anticipated to continue growing as long as there is a growing demand for natural and healthful beverages.
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The table mentions the top five countries ranked by revenue, with India holding the top position.
India has a strong market share in the mango puree industry because of its large number of mango orchards and long agricultural history. The nation has a top mango grower with a huge range of tasty cultivars.
India is a major player in the mango puree sector, meeting a large portion of the global demand with its huge farming and processing facilities.
Forecast CAGRs from 2024 to 2034
Countries | CAGR through 2034 |
---|---|
United States | 7.8% |
Germany | 8.1% |
China | 8.5% |
Japan | 8.9% |
India | 9.1% |
Mango puree is mostly utilized in various culinary applications in the food and beverage industry in the United States.
Mango puree caters to the wide tastes and culinary preferences of the consumers of America by adding a burst of tropical flavor to a variety of foods, including smoothies, drinks, desserts, and sauces.
Incorporating mango puree into cakes, pastries, ice creams, and other sweet treats gives baked goods and confectionery products in the markets of Germany, a distinct flavor profile.
Mango puree is widely used in the bread and confectionery industries in Germany.
Mango puree is mostly used in the beverage production industry in China. To satisfy the consumer desire for cool, tasty beverages, particularly in the summer, mango puree is a crucial component in creating juices, nectars, and fruit-based drinks and is therefore used extensively.
Mango puree is widely used in the food service and hospitality industries in Japan.
It elevates the eating experience and soothes the picky palates of the customers by being part of a wide range of dishes offered in cafes, restaurants, and hotels, from fruit salads and desserts to cocktails and mocktails.
Mango puree is widely used in both traditional and modern cuisines in India. Mango, being a basic component of the recipe, various condiments and drinks can be made, like mango lassi, mango pudding, and mango chutney.
Mango puree is also being used more frequently in contemporary recipes and fusion meals, reflecting diverse culinary traditions and changing dietary preferences in India.
Important market players, like Kiril Mischeff, ITC Limited, Tree Top Inc., and AGRANA Beteiligungs-AG, occupy major positions in the highly competitive mango puree market. The market players provide many mango puree products for different food and drink needs.
Strong competition encourages innovation and raises quality standards that gives the access to consumers to premium mango puree options. Regional firms and niche producers also add value to the market by offering specialized goods and services.
Key Developments in the Mango Puree Industry
Attributes | Details |
---|---|
Estimated Market Size in 2024 | USD 1.8 billion |
Projected Market Valuation in 2034 | USD 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 USD 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. |
As of 2024, the market for mango purees is expected to be valued at USD 1.8 billion.
The mango puree market is projected to expand at a CAGR of 7% between 2024 and 2034.
The organic mango puree segment is projected to dominate the industry.
By 2034, the market value of mango puree is expected to reach USD 3.56 billion.
India is likely the top-performing market, with a CAGR of 9.1%.
Market Size (2024) | USD 684.5 million |
---|---|
Market Anticipated Forecast Value (2034) | USD 1,074.7 million |
Market Projected Growth Rate (2024 to 2034) | 5.7% CAGR |
Market Value for 2024 | USD 1,932.0 million |
---|---|
Projected Market Value for 2034 | USD 3,882.2 million |
Value-based CAGR (2024 to 2034) | 7.2% |
Market Size (2023) | USD 381.7 million |
---|---|
Market Size (2033) | USD 919 million |
CAGR (2023 to 2033) | 9.2% |
Market Size Value in 2023 | USD 826.6 million |
---|---|
Market Forecast Value in 2033 | USD 1,271.5 million |
Global Growth Rate (2023 to 2033) | 4.40% CAGR |
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