Market Outlook

Essences are those substances which give flavor to substance altering the flavor of solute. Fruit essences are fruit flavors obtained during the concentration process of fruit juice and during the separation process of aromatic compounds from various fruits. The fruit essence is applicable to juices, sorbets, dairy blends, bakery, confectionary and others. Fruit essences are active ingredients used in the manufacturing of personal care and cosmetic products. The developing trend to maintain a healthy lifestyle is increasing, individuals are turning to use of natural and organic ingredients in their diet. Fruit essence is readily used in function drinks, enhanced water, sports drinks as a natural source of nutrients, vitamins and minerals. Globally various fruits are available in different regions making the easy availability of fruits for the production of essences.

Growing Applications of Fruit Flavors Is Expected To Boost the Market

Fruit essences are broadly being used in various beverages, cakes, jams, jellies, confectionery and others. Due to these applications, the global market for fruit essences is expected to grow over the forecast period. Fruit essences are expected to play an important role in addressing health issues such as blindness, blood pressure, diabetes, cholesterol and other disease caused due to deficiency of vitamins, minerals. Essences have a long shelf life in comparison to fruit extracts. There are no known hazards for consumption of fruit essence as mainly they are manufactured from natural fruits. Fruit essences give the natural authentic taste to foods and beverages and so is fueling the market of fruit essences. Fruit essences are an economic and convenient substitute for fresh fruits in various different applications. Fruit essence is expected to increase its demand in fruit-flavored infant formula which provides essential minerals and vitamins for the growth of infants. Increased in consumption of processed foods has increased the demand for natural flavorings in the production which is expected to boost the market of fruit essences. 

Fruit Essences Market Segmentation

On the basis of nature, the fruit essences market has been segmented as-

  • Organic
  • Conventional
  • Artificial/ Synthetic

On the basis of source, the fruit essences market has been segmented as-

  • Mango
  • Apple
  • Lime
  • Watermelon
  • Berries
  • Others (coconut, pineapple, mixed, etc.)

On the basis of form, the fruit essences market has been segmented as-

  • Liquid
  • Powder

On the basis of end user, the fruit essences market has been segmented as –

  • Food and Beverages
  • Fragrance Industry
  • Cosmetics
  • Pharmaceuticals

On the basis of application, the fruit essence market has been segmented as-

  • Food Industry
  • Ice Cream
  • Fruit Jams and Jellies
  • Confectionery
  • Bakery Dessert
  • Functional Beverages
  • Sports Drinks
  • Health Drinks
  • Enhanced Fruit Drinks
  • Enhanced Water Drinks
  • Personal Care Products
  • Skin Care Products

On the basis of distribution channel, the fruit essences market has been segmented as-

  • B2B
  • B2C
  • Hypermarkets/ Supermarkets
  • Convenience Stores
  • Specialty Stores
  • Online Stores

Fruit Essences Market: Key Players

The key market players operating in fruit essences market Synergy flavors Inc., Kerry Inc., Agua enerviva LLC., Dohler GmbH, Firmenich S.A., Lotioncarfter LLC., Kanegrade Ltd., Shenzhen Tangzheng Biotechnology Co., Ltd., Treatt PLC., The Green Labs LLC. and Northwest Naturals LLC.

Fruit Essences Market Opportunities

The fruit essence has various applications in functional beverages and is also applicable to functional foods, dietary supplements, nutraceutical and others. People are shifting from junk foods to foods manufactured from natural and organic ingredients. Fruit essences are expected to grow popular among health-conscious people due to the presence of abundant nutrients and micronutrients. The manufacturers are focusing on natural essences due to increase in food safety concerns and clean labeling. Research & developments and technological advancements in the process of extraction is expected to boost the market. The manufacturers of cosmetics and personal care products are turning towards the use of natural ingredients and so is expected to increase the use of fruit essence in the manufacturing of products. 

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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

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Fruit Essences Market

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