Press Release - | Processed Mango Product Market to Reach USD 3,237.7 Million by 2028 - Rise in Health Consciousness Among Huge Populations to Drive the Market |
Vantage Market Research | 20 Jul 2022
Food & Beverage
Processed Mango Product Market to Reach USD 3,237.7 Million by 2028 - Rise in Health Consciousness Among Huge Populations to Drive the Market
The Global Processed Mango Product Market is expected to reach USD 3,237.7 Million by 2028, growing at a Compound Annual Growth Rate (CAGR) of 6.7% from 2022 to 2028.
High demand for primary Processed Mango Product Market, including mango puree and mango pulp, and an increase in the growth rate of exports to boost demand for Processed Mango Product Market are anticipated to augment the growth of the market during the forecast period.
Key Findings:
Mangoes are a popular and widely produced tropical fruit that may be processed at two stages of maturity. Unripe mangoes are used to produce chutney, pickles, curries, and dried goods; however, ripe mangoes can be used to make purée, canned and frozen slices, juices, and other similar products. Mangoes and their products are gaining in popularity, which is expected to boost demand for Processed Mango Product Market. Mangos are high in vitamins, minerals, and antioxidants, which can help you stay healthy. It also helps in the strengthening of your bones. Vitamin K, for example, aids in the clotting of blood and the prevention of anemia. The increasing demand for processed mango items from the United States, Gulf Cooperation Council (GCC) countries, and major European countries, which rely on exporters to satisfy demand, creates opportunities for market participants. As a result, industry participants are more likely to focus on high-growth economies across the world with minimal regulatory intervention. Furthermore, demand for mango puree, mango pulp, mango concentrate, and Individual Quick Freezing (IQF) slices & dices is predicted to expand significantly in the main Processed Mango Product market during the forecast period.
North America held the largest shares in 2021. Globally, India and China are the major producers of fruit. Also, the presence of a large consumer and application base in the region offers a lucrative opportunity for market growth.
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Food & Beverage
Processed Mango Product Market to Reach USD 3,237.7 Million by 2028 - Rise in Health Consciousness Among Huge Populations to Drive the Market
20 Jul 2022
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Processed Mango Product Market to Reach USD 3,237.7 Million by 2028 - Rise in Health Consciousness Among Huge Populations to Drive the Market
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