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

Growing cherry production to maintain the stability of supply for cherry concentrate production: Opportunities ahead

New York, New York, UNITED STATES

Newyork, Feb. 08, 2023 (GLOBE NEWSWIRE) -- 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.

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.

Request A Free PDF Sample Copy -

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, H&H Products Company, Ve.Ba. Cooperativa Ortofrutticola, DÖHLER, Cascadian Farm Organic, Kerr Concentrates, Louis Dreyfus Company, Secna S.A, Ingredion Incorporated.

The company’s 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.

Ask For Customization -

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.

Buy Now -

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.

Explore PMR’s Extensive Coverage on Food & Beverages Domain:

Dietary Supplements Market

Bubble Tea Market

High Maltose Syrups Market

Margarine Market

Bread Mixes Market

Ice Cream Mixes Market

Candied & Semi-candied Fruits Market

Pastry Mixes Market

About Persistence Market Research:  

Business intelligence is the foundation of every business model employed by Persistence Market Research. Multi-dimensional sources are being put to work, which include big data, customer experience analytics, and real-time data collection. Thus, working on “micros” by Persistence Market Research helps companies overcome their “macro” business challenges.  

Persistence Market Research is always way ahead of its time. In other words, it tables market solutions by stepping into the companies’/clients’ shoes much before they themselves have a sneak pick into the market. The pro-active approach followed by experts at Persistence Market Research helps companies/clients lay their hands on techno-commercial insights beforehand, so that the subsequent course of action could be simplified on their part.  


Rajendra Singh   

Persistence Market Research   

U.S. Sales Office:  

305 Broadway, 7th Floor  

New York City, NY 10007  


United States  

USA - Canada Toll-Free: 800-961-0353