Cherry Concentrate Market Trends and Analysis

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Cherry Concentrate Market Is Encouraged To Reach
1.6 Billion By 2033, rising popularity of
healthy diet will drive the market growth
Persistence Market Research The revenues of
Cherry Concentrate Market were estimated at US
989 Million in 2022 and are anticipated to grow
at a CAGR of 4.5 from 2023 to 2033, according to
a recently published Persistence Market Research
report. By the end of 2033, the market is
expected to reach a valuation of US 1.6 Billion.
The market is expected to gross significant
revenue through its demand for juices, with a
projected CAGR of 4.3 from 2023 to 2033. Cherry
concentrates can be used in various applications
such as juices, jams, marmalades, syrups, ready
meals, soft drinks and bakery products. Cherries
are known to have several health benefits and are
one of the super foods and are rich in
anti-oxidants. In a nutshell, the Persistence
Market Research report is a must-read for
start-ups, industry players, investors,
researchers, consultants, business strategists,
and all those who are looking to understand this
industry. Get a glance at the report at
https//www.persistencemarketresearch.com/market-r
esearch/cherry- concentrate-market.asp Apart from
this, Covid 19 has significantly influenced
consumer buying habits and the health
consciousness. This has resulted in growing sales
of organic beverages. For instance, in 2016,
sales of organic beverages in the U.S. were
around 1.4 Billion which increased to reach
around 1.8 Billion by 2022. Due to this trend and
the health benefits of cherries the demand for
cherry concentrates is likely to increase. Fruit
concentrates also have economic benefits over
fruit juices as fruit concentrates have a longer
shelf life and are cheaper to store and
ship. Cherry production across the globe has
increased by 1.3 in year 2019 to 2020. This can
contribute to cheaper raw material for cherry
concentrate manufacturing companies gaining
economic benefits that can result in increase in
demand. Studies by Sleep Foundation have shown
that 10 to 30 adults struggle with insomnia of
which 30 to 48 older adults experience
insomnia. This condition can be helped with
cherry consumption as they are sources of
melatonin and anthocyanins. The results of study
conducted by National Library of Medicine have
shown that tart cherry juice can significantly
improve sleep quality and duration. This can
drive the purchase of cherry concentrates in the
market. Competitive Analysis Key players in the
Cherry Concentrate Market are Lemonconcentrate,
Milne Fruit Products, HH Products Company,
Ve.Ba. Cooperativa Ortofrutticola, DÃHLER,
Cascadian Farm Organic, Kerr Concentrates, Louis
Dreyfus Company, Secna S.A, Ingredion
Incorporated.
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• The companys manufacturing cherry concentrate
  are promoting the health benefits of cherry
  concentrates through online marketing and funding
  the studies to prove the health benefits of
  cherry concentrates.
• Some of the recent developments in Cherry
  Concentrate Market are
• In October 2022, Lemonconcentrate participated in
  SIAL Paris to promote themselves as wholesaler
  and supplier of fruit concentrates.
• In September 2020, Milne acquired Valley
  processing, a fruit ingredient processor based in
  Sunnyside, Washington to maintain high quality
  and services and develop new products.
• In November 2020, Cheribundi, a U.S. based
  company invested US 15 Million for the
  development and expansion of performance
  beverages.
• More Insights Available
• Persistence Market Research, in its new offering,
  presents an unbiased analysis of the Cherry
  Concentrate Market, presenting historical market
  data (2018-2022) and forecast statistics for the
  period from 2023 to 2033.
• The study reveals extensive growth in Cherry
  Concentrate Market by Concentrate Type
• (Aseptic cherry concentrate, Frozen cherry
  concentrate), by application (Juices, Jams,
  Marmalades, Syrups, Ready meals, Soft drinks,
  Bakery products) and by Region (North America,
  Europe, Asia Pacific, Middle East and Africa,
  Latin America) - 2023 to 2033.
• About Food Beverage Division at Persistence
  Market Research
• The Food Beverage team at Persistence Market
  Research provides all the necessary insights and
  consulting analysis to fulfil the unique business
  intelligence needs of clients worldwide.
• With a catalogue of more than 500 reports
  pertaining to the latest statistics and analysis
  from
• the food beverage industry, the team is happy
  to help with every business intelligence research
  and consulting requirement.

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