Published on : Aug 07, 2018
Albany, New York, August 7, 2018: Tomatoes are one of the most popular fruits, which bear a rich flavor, large water content and soft flesh that breaks down easily. These properties make tomatoes efficient to be used in making sauces and purees. A fresh study titled “Global Market Study on Tomato Puree: Increasing Preference for Organic Tomato Puree by Health Conscious Consumers to be Observed in the Coming Years” has been broadcasted to the wide archive of Market Research Hub (MRH), which contains incisive insights on the tomato puree market for 2017-2025. It also covers various aspects that influence the growth of the market across the globe.
To portray a global view of the tomato puree market, analysts have presented a regional landscape section in which prime regions are highlighted, such as North America, APAC, Middle East & Africa, Europe and Latin America. For accurate results, this report includes an overview of the global tomato puree market which covers market size and forecasts, Y-o-Y growth and absolute $ opportunity.
Key Insights from the Report
Consumers have become usual to tomato flavor and taste, and hence, other tomato products have also gained popularity. In order to cater to the consumer demand for tomato flavored products, there has been an increased sales for tomato-based ingredients like purees and concentrates. According to the analyst’s projection, the global tomato puree market is expected to reach a market size of over US$ 6,500 Mn by the end of 2025, growing at a CAGR of 3.4% during the forecast period.
The analysts of the report further include market dynamics section covering various macro-economic factors, supply and demand side drivers, restraints, opportunities and key trends which are affecting the global tomato puree market. At present, factors such as urbanization and development of the retail sector driving market growth steadily. Increasing adoption rate of tomato purees in bakery and other end-use industries is also prompting the growth of the market.
It has been further analyzed that conventional puree is currently more predominant in the market. However, organic tomato puree market is expected to gain traction in the coming years. With people becoming health conscious with time, it is expected that the demand for organic products would increase.
The market has been further investigated on the basis of major segments, including nature, packaging, end-use and region. Regionally, MEA is expected to hold the highest market size of over US$ 1,990 Mn by the end of 2025, in the global tomato puree market. Based on end-use, food service provider is the primary segment estimated to grow at an impressive rate through 2025.
The last section comprises precise analysis of the companies’ active in the tomato puree market. They are Shimla Hills Offerings Pvt. Ltd., Symrise AG, Dabur India Ltd., Conagra Brands, Inc., Döhler GmbH, SunOpta Grains and Foods Inc., Kiril Mischeff, Galla Foods., Riviana Foods Pty Ltd., Chitale Agro, Tiger Brands Limited, H. J. Heinz Company, Del Monte Foods Inc., Olam International and Ariza B.V.
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