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The future of the global fruit & vegetable ingredient market looks promising with opportunities in beverages, confectionery, bakery, soups & sauces, and dairy products. The global fruit & vegetable ingredient market is expected to grow with a CAGR of 5%-7% from 2020 to 2025. The major drivers for this market are changing consumer preferences, increasing disposable income, and rapid urbanization.
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In this market, concentrates is the largest type of fruit & vegetable ingredient, whereas beverages is the largest application. Growth in various segments of the fruit & vegetable ingredient market are given below: