Bizizz Market Research has recently published a research report, “Processed Mango Market By Product Type (Primary (Dried/Dehydrated Mangoes Puree, Pulp & Concentrate IQF Slices & Dices), Secondary (Fruit Bar & Candies Juice Pickles), Others (Squash, Jam, Jellies, Nectar)), Distribution channel (Online and offline), Component, and Region-Global Industry Trends, Estimation & Forecast, 2019 – 2027”.
As per the report, Global Processed Mango Market was valued at US$ XX Bn in 2018 and it is anticipated to reach at market value of US$ 27.7 Bn by 2027, witnessing a CAGR of 5.9 % during the forecast period. Key drivers of the market are increasing demand for mango fruit based products along with fruit flavors are rising for various food products preparation.
Globally the demand for the fruit based food and beverage products are rising especially for mango that substantiates its market growth. Increasing popularity for the processes mango among the customers is encouraging the manufacturers to offer advanced processes mango based products that are stimulating its market growth. Such market demand of processed mango products is encouraging the market for utilizing these offerings in finished food products manufacturing
The Processed Mango market is anticipated to register a CAGR of over 5.9% during the forecast period.
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By Product, Secondary segment held a key share in Global Processed Mango Market in 2018.
The secondary segment is leading in the processed mango market that constitutes of fruit bars, candies, juices and other are significantly in market demand globally. These offerings are being highly in market demand from all the age groups of the population plunging its demand. The market for secondary segment has lucrative opportunities in the industry that is supporting the manufacturers in offering advanced processed mango products to the end-user industries.
By distribution channel, online Segment of Global Processed Mango Market Is Anticipated To Witness the Fastest CAGR during the Forecast Period.
The online distribution channel is being highly admired by the customers globally. The global market of processed mango through online offers advanced benefits that could contributes to the market demand of these offerings. There are various E-commerce platforms that re catering processed mango products to the Business to business to customers. Moreover the online sales has become a trend among the companies that has various benefits along with timeliness in the delivery of the products.
Asia Pacific is anticipated to dominate the Global Processed Mango Market during the Forecast Period.
The growing population in the Asia Pacific region is the key factor that is driving the market of processed mango products. An increasing customer’s inclination towards consuming processed mango is supporting the market demand of processed mango. Moreover there are various food and beverages establishments that are flourishing in this region supporting in plunging the demand of processed mango products.
Global Processed Mango market was highly fragmented among the number of local and global players. By the presence of various manufacturers there is a high competition among the organizations.
Prominent players operating in the Global Processed Mango Market are Sunrise Naturals Private Limited, Keventer Agro Ltd., Freshtrop Fruits Limited, Agrana Group, Foods & Inns Limited, Allanasons Private Limited, Galla Foods, Del Monte Foods, Inc., Jain Irrigation Systems Ltd., ABC Fruits, Vadilal Industries Ltd., Varadharaja Foods Private Limited, Manbulloo Limited, Capricorn Food Products India Ltd., The Proeza Group, Valleyfresh Pty. Ltd., Superior Foods, Inc., 7D Mangoes, and Dohler GmbH., among others.
Impact of COVID-19 on Economy, Industry and Company
The emergence of novel coronavirus has affected the global economy, industry dynamics and company’s top line. The entire ecosystem has to suffer the impact of this pandemic disease which would result in demand & supply gap, production delay and weak consumer demand of end products across industries.
At Bizizz Market Research, our analyst has done extensive research across industries and identified various methodologies which would assist C-Level executives to counter this ongoing threat and make informed business decisions.
Areas at which Bizizz Market Research would help decision makers are:
a) Insights on current demand & supply gap analysis
b) Impact on value chain and supply chain and strategies adopted to off set its impact
c) Impact on Industry / company revenue and predictive intelligence on forecast sales
d) In-depth analysis on market segmentation – both value and volume analysis
e) Market assessment, regional
and country attractiveness, competitive benchmarking
and entry strategy
f) Prioritizing strategies and
how it would impact company’s short to long-term business
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