How Has the Fruit Pomace Market Evolved Historically and What is its Current Size?
The fruit pomace market has seen considerable growth due to a variety of factors.
• The size of the fruit pomace market has seen substantial growth in the recent past. Its projected growth is from $3.51 billion in 2024 to $3.73 billion in 2025, with a compound annual growth rate (CAGR) of 6.2%.
Several factors have contributed to this growth during the historic period, including increased disposable income, a higher prevalence of sustainable farming methods, the implementation of measures to assure quality, continuous funding for agricultural research, and programs aimed at fostering loyal consumers.
What is the Forecasted Market Size and CAGR for the Fruit Pomace Market?
The fruit pomace market is expected to maintain its strong growth trajectory in upcoming years.
• Projected to experience robust expansion in the forthcoming years, the fruit pomace market is set to enlarge to $4.7 billion by 2029 at a cumulative annual growth rate (CAGR) of 5.9%.
The surge during this predicted period can be linked to factors such as the elevating demand for plant-derived beverages, advancements in biodegradable packaging, the growing popularity of homemade products, cosmetic industry development, amplified consciousness regarding dietary fibre, and a concerted effort towards sugar reduction. Key trends expected in the forecasted period comprise progression in processing technology, AI-guided analytics, application of blockchain technology, inventive intelligent packaging, and the incorporation of the Internet of Things (IOT) in supply chain management.
What Key Factors and Trends Are Driving The Growth Fruit Pomace Market?
The growing liking for plant-based foods is anticipated to spur the advancement of the fruit pomace market in the future. The ascend of plant-based foods credit to the escalating consumer cognizance regarding the health, sustainability, and ecological rewards associated with plant-based diets. Fruit pomace notably augments plant-based food progression by boosting its nutritional value, enlarging fiber content, and endorsing sustainable procedures in production. For example, in 2023, as per the Good Food Institute Europe, a non-profit organization based in Belgium, plant-based food sales surged by 9% between 2020 and 2022 in the UK, hitting a total of $1.2 billion. Thus, the burgeoning popularity of plant-based foods is fuelling the growth of the fruit pomace market.
What Are The Market Segments In The Fruit Pomace Market?
The fruit pomacemarket covered in this report is segmented –
1) By Product: Powder, Pellets, Other Products
2) By Source: Apple, Citrus, Banana, Berries, Grape, Mango, Other Sources
3) By Nature: Organic, Conventional
4) By Application: Dairy Products, Food Processing, Edible Oils and Fats, Animal Feed, Biofuel Production, Cosmetic and Personal Care, Pectin Production, Other Applications
5) By Distribution Channel: Offline, Online
Subsegments:
1) By Powder: Dried Fruit Pomace Powder, Organic Fruit Pomace Powder, Flavored Fruit Pomace Powder, Nutritional Supplement Powder, Gluten-Free Fruit Pomace Powder
2) By Pellets: Dried Fruit Pomace Pellets, Organic Fruit Pomace Pellets, Animal Feed Pellets, Biofuel Pellets, Nutrient-Rich Pellets For Soil Enhancement
3) By Other Products: Fruit Pomace Extracts, Fruit Pomace Oil, Fruit Pomace Juice Concentrates, Fruit Pomace Snacks, Fruit Pomace-Based Fermented Products
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What New Trends Are Influencing The Fruit Pomace Market?
Leading businesses in the fruit pomace market are pushing boundaries by introducing novel products like packaging made from fruit pomace, a more environmentally responsible and sustainable switch from conventional packaging materials. A reference would be packaging materials produced from fruit pulp, skin, and seeds that are residues of fruit juice extraction or processing. For instance, Oregon State University, a research-based institution in the US, broke new ground by introducing apple pomace-based molded pulp packaging in February 2022. This extraordinary product provides an environmentally friendly alternative to traditional packaging resources by encapsulating fruit waste, thereby reducing overall waste. The packaging has enhanced its water resistance by incorporating organic substances such as lignin, chitosan, and glycerol, introducing a sustainable packaging solution for a broad spectrum of uses.
Who Are the Key Players In The Fruit Pomace Market?
Major companies operating in the fruit pomace market are:
• Cargill Inc.
• DSM B.V.
• G3 Enterprises Inc.
• Yantai North Andre Juice
• FruitSmart Inc.
• LaBudde Groupor Inc.
• Herbstreith & Fox GmbH & Co.
• ALVINESA Natural Ingredients
• The Onix Corporation
• Lemonconcentrate S.L.U.
• Elementa ingrédients
• Activ'Inside
• GreenField Natural Ingredients
• ADAR Technologies LLC.
• Pacific Pectin Inc.
• Qingdao CTC Feed
• Appol sp. z o.o.
• Pacific Coast Fruit Products Ltd.
• TBF Group
• Lingbao Xinyuan Fruit Industry Co Ltd.
What Are The Regional Insights Into The Fruit Pomace Market?
North America was the largest region in the fruit pomace market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fruit pomace market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
