Exploring the Evolving Landscape of Tomato Puree Market: Trends, Challenges, and Growth Opportunities
Manufacturers to Enhance Authenticity of the Products
Used in the Production of Tomato Puree to Gain Customer Trust
A new research report by Persistence Market Research
titled ‘Tomato
Puree Market: Global Industrial Analysis 2012-2016 and Forecast
2017-2025’ provides a critical analysis of the market on the basis of
various segments it is divided in, during the forecast period. The report
briefs about the current scenario of the global tomato puree
market and also the impact of various factors on the market’s growth.
Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/22225
According to this comprehensive research report, the global
tomato puree market is expected to experience a surge in the demand of tomato
puree especially in MEA and APAC during the forecast period. 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 demand is
primarily driven by macro-economic factors such as urbanization and development
of the retail sector. The market is expected to gain traction, owing to the
increasing adoption rate of tomato purees in bakery and other end-use
industries. Local companies are focusing on enhancing their reach at a global
level by integrating the supply chain and focusing on logistics.
However, the demand for tomato puree is growing, and this is
prompting big players to set up production facilities in regions such India,
China, and Turkey. Product availability in certain geographical areas is
estimated to have a positive impact on the sales of tomato puree. Some
manufacturers are even focusing on enhancing the traceability of products used
in the production, by coding them and generating traceability to respective
farms across the globe which will build the trust of consumers on their
products.
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Global Tomato Puree Market: Segmental Analysis
- Based
on Region, 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.
However, in terms of growth rate APAC leads with an anticipated CAGR of
4.3% during the forecast period.
- In
term of Nature, conventional puree segment leads with a much
higher market size expected by the end of 2025. However, organic puree
stays ahead with a higher growth rate expected during the forecast period.
- Based
on Packaging, bulk segment dominates the market with its
market size of over US$ 3,500 Mn by the end of 2025. However pouches
segment is expected to grow at a high rate with a value CAGR of 5.0%
during the forecast period.
- Based
on End Use, food service provider is the only leading segment
with over US$ 3,000 Mn market value, growing at a value CAGR of 3.6%
during the forecast period.
- Among
various Distribution Channels of global tomato puree
market, direct channel is the leading channel in terms of market size.
However indirect segment stays ahead in terms of CAGR during the forecast
period.
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Global Tomato Puree Market: Competitive Analysis
The research report includes a major section briefing the
key players in the market. Some of these key players mentioned in the report
are
- Symrise
AG
- Döhler
GmbH
- Kiril
Mischeff
- Riviana
Foods Pty Ltd
- Tiger
Brands Limited
- Del
Monte Foods Inc
- H.
J. Heinz Company
- Ariza
B.V.
- Dabur
India Ltd.
- SunOpta
Grains and Foods Inc.
- Olam
International
- Galla
Foods.
- Shimla
Hills Offerings Pvt. Ltd.
- Conagra
Brands, Inc.
- Chitale
Agro
- Others.
Read More Trending “PMR Exclusive Article”-
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