Processed Mango Product Market Valuation to reach $ 4.4 billion by 2031, States TMR Study

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Jun 08, 2022, 07:30 ET

Increasing demand for mango puree and mango pulp globally is driving the sales growth in the global market
Asia Pacific is leading market for players owing to presence of sizable consumer base in the region

ALBANY, N.Y., June 8, 2022 /PRNewswire/ -- Analysts at Transparency Market Research (TMR) project the global processed mango product market to attract growth at a CAGR of 7% during the forecast period, 2022-2031.

A TMR research report on the global processed mango product market notes that the market is estimated to gain a valuation of more than US$ 4.4 Bn by 2031. The study highlights that the expanding mango market size is likely to boost the need for a sturdy mango processing industry, which in turn, is anticipated to favor the growth trajectory of the global processed mango product market in the forthcoming years.

The Asia Pacific processed mango product market is prognosticated to maintain its prominent position during the forecast period owing to a rise in the demand for processed mango products from several nations such as China and India. Moreover, players are expected to gain lucrative opportunities in Asia Pacific due to the existence of sizable application and consumer base in the region, according to a TMR report on the global processed mango product market.

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Processed Mango Product Market: Key Findings

Mangoes are one of the high-demand fruits across the globe and are gaining immense popularity as they contain low acid content, high sugar content, vitamins, and fibers. Apart from eating fresh, mango is being utilized in a wide range of forms, states a TMR assessment on the processed mango product market. Mangoes are sliced, dried, pureed, and diced in order to preserve by canning, bottling, and freezing techniques. These processing techniques help in easy transportation of mangoes during export of these products to long distances. Mango is being primarily consumed in the puree form, state TMR analysts of a review on the global processed mango product market. However, it is also utilized in other forms including beverages and jams. Moreover, processed mango products are being increasingly used as a fruit filling in pastries and dairy products as a flavoring ingredient. This wide range of applications of product is expected to create revenue-generation opportunities in the processed mango product market during the forecast period.
Players operating in the global processed mango product market are increasing their budgets for R&D projects in order to develop innovative and delectable products. These efforts are helping enterprises in attracting their target customers and boosting their sales numbers. Moreover, leading enterprises in the processed mango product market are seen focusing on the study of different commercial processing technology for mango. In addition, they are investing in the development and incorporation of sophisticated mango fruit processing technologies. This aside, major vendors are executing strategies such as new product launches in order to expand their product portfolio. Also, several players are increasing mergers and acquisitions strategies in order to expand their businesses in newer regions.

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Processed Mango Product Market: Growth Boosters

Surge in the demand for mango pulp and mango puree from across the globe is propelling the global processed mango product market
Rising demand for processed mango products from the U.S., European countries, and GCC countries is fueling the market expansion

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Processed Mango Product Market: Key Players

Some of the key players profiled in the report are:

ABC Fruits
Beteiligungs-AG
Del Monte Foods, Inc.
Capricorn Food Products India Ltd.
Freshtrop Fruits Limited
Dohler GmbH
Freshmax Group
FPD Food International, Inc.
Sunrisenaturals.in
SFI LLC.

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Processed Mango Product Market Segmentation

Product Type

Primary Processed Mango Products

Dried/Dehydrated Mangoes
Mango Puree
Mango Pulp
Mango Concentrate
IQF Slices & Dices

Secondary Processed Mango Products

Fruit Bar & Candies
Juice
Pickles

Others (Squash, Jam, Jellies, Nectar)

Fruit Type

Semi-ripe Fruit
Ripe Fruit

Price

Low
Medium
High

End-user

Residential
Commercial

Distribution Channel

Online
Offline

Direct Sales
Indirect Sales

Regions Covered

North America
Europe
Asia Pacific
MEA
South America

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