Published on : Apr 20, 2018
Albany, New York, April 20, 2018: An extensive study, titled “Guava Puree Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017-2025” has been freshly publicized to the vast database of Market Research Hub (MRH). This is a 224-page study which gives comprehensive insights into the present state of this market and contains several forward-looking statements regarding the potential growth prospects of the market. To provide better and accurate results, the report majorly focuses on some of the prime regions including the Middle East and Africa (MEA), Europe, Asia Pacific, North America, and Latin America. Most importantly, it comprises forecast data on market size, revenue generated, sales, year-on-year growth in the global market, regional market, and its crucial segments.
As the name suggests, guava paste/puree is guava that has been cut, crushed, deseeded, refined and homogenized into a creamy liquid. The most common form of guava purees are frozen, canned, and aseptic packed. Few companies even dry guava puree powder for the enhanced shelf life of the product and easy exports. The study has observed that most of the beverage manufacturers are looking forward to tropical flavors like guava and using guava puree in their products. Therefore, it is clearly stated that guava puree market is driven by demand from the food and beverages industry.
Report Key Insights
In the market overview section, the research also embraces analysis of market dynamics including drivers, restraints, and opportunities that influence the current nature and future status of this market. According to the research key highlights, the revenue generated from guava puree was evaluated at US$ 313.8 Mn in 2017, which is projected to increase at a CAGR of 5.6% during the forecast period (2017-2025).
Moreover, the research broadly categorizes the market on the basis of variety, application and by nature. By variety, the global Guava Puree market is segmented as tropical white, tropical pink and other varieties. By application, the market is segmented as infant food, beverages, bakery & snacks, ice cream & yogurt, dressing & sauces and others. Furthermore, by nature, the market is segmented as organic and conventional.
In terms of geography, the market in APAC is projected to dominate the global Guava Puree market both in terms of value and volume in 2017. APAC is expected to gain significant market share in revenue terms by 2025 end.
At last, the report covers detailed competitive outlook that contains market share and profiles of key players functioning in the global market for guava puree. Key players include Galla Foods Pvt. Ltd. (Amara Raja Batteries Ltd.), Cobell Limited, Döhler Group, Capricorn Food Products India Ltd., Grünewald Fruchtsaft GmbH, SunOpta Grains and Foods Inc., Golden Hope Plantations Bhd (Sime Darby Bhd.), Tricom Fruit Products Limited, Jain Irrigation Systems Limited, Sresta Natural Bioproducts Private Limited, Bajaj Agro Foods India Ltd., Kiril Mischeff, Ariza B.V., Shimla Hills Offerings Pvt. Ltd., iTi Tropicals, ABC Fruits, La Fruitière du Val Evel, Allanasons Private Limited, and Jadli Foods (India) pvt. Ltd.
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