Global Mango Puree Market Overview
Mango Puree Market Size was estimated at 4.25 (USD Billion) in 2022. The Mango Puree Industry is expected to grow from 4.42(USD Billion) in 2023 to 6.2 (USD Billion) by 2032. The Mango Puree Market CAGR (growth rate) is expected to be around 3.84% during the forecast period (2024 - 2032).
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Mango Puree Market Trends Highlighted
Market Expansion Opportunities in Mango Puree
The demand for the mango puree market shows great potential in the future owing to the increasing preferences for healthy and convenient food options. Milk, being a healthy ingredient, vitamin-filled rice, and most importantly, mango puree, has proven to be a real hit with customers since many people are now focusing on natural and less processed products as opposed to sweeteners. As mango-flavored drinks, desserts, and cakes are in great demand, they also add to the growth of the market. Getting more room for growing the puree and getting a desirable shelf length to withstand the shelf duration of a month and a half is also beneficial for food manufacturers.
Mango Puree Market Drivers
Rising Health Consciousness and Demand for Natural Ingredients
Mango puree is a balanced source of important vitamins, minerals, and antioxidants. It is also a perfect candidate for the constantly growing consumption of natural and minimally processed foods. Its natural sweetness makes it a common product in food and beverages with a wide range of applications. Prospects of the mango puree market are associated with the growing demand for natural ingredients.
Expansion of Food and Beverage Industry
Food and beverage is one of the most dynamic industries, with new product launches and innovative solutions. Mango puree is used in the production of juices, smoothies, ice creams, yogurts, and bakery products. The overall expansion of the food and beverage sector, especially in developing countries, where demand for these products is growing, creates positive conditions for the mango puree industry.
Growing Popularity of Mango Flavored Products
Mango is a well-known type of fruit with a unique flavor and smell. Mango puree is able to preserve the best features of this fruit, which is why it corresponds to the category of popular components required for a number of applications and different goods. In addition, the increased demand for products with mango taste, such as some candies, desserts, and dishes, is likely to encourage the development of the potential market for mango puree across the globe.
Mango Puree Market Segment Insights
Mango Puree Market Type Insights
The mango puree market sees high demand thanks to the growing consumption of processed food and beverages and convenience food. Among the types of mango puree, frozen mango puree dominates the market. This type’s extended shelf life, ease of storage and transportation, and the ability to maintain the fruit’s natural flavor and nutrients contribute to its popularity. The frozen mango puree segment comprised 45% of the mango puree market revenue in 2023, amounting to USD 2.3 billion. Aseptically packed mango puree sold in sterile containers is becoming increasingly popular, largely because of its longer shelf life compared to fresh mango puree.The aseptic mango puree segment is expected to develop at a CAGR of 5.2% during the forecast period, reaching a valuation of USD 1.2 billion by 2032. Dried mango puree is prepared by dehydrating mango pulp. This process results in rich flavor and products with lesser water content and high versatility. Dried mango puree is commonly used in snacks, confectionery, and bakery products. The dried mango puree segment is projected to develop at a CAGR of 4.8% during the forecast period, reaching a market size of USD 0.8 billion by 2032. Fresh mango puree is also popular, although it is highly perishable and has a short shelf life.This type of mango puree is made of the flesh of fresh mango fruit and has a fresh mango flavor. The fresh mango puree segment is expected to grow at a CAGR of 2.5%, reaching a market size of USD 0.6 billion by 2032. Overall, the mango puree market is driven by the growing preference for natural and healthy additives among consumers, rising disposable income, and the expanding food and beverage industry. The market is likely to continue developing, with the frozen and aseptic mango puree types becoming leaders.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Mango Puree Market Application Insights
The Mango Puree Market is segmented into various applications, including the beverage industry, food industry, pharmaceutical industry, and cosmetics industry. Each segment holds a specific market share and exhibits unique growth patterns. The beverage industry is a major consumer of mango puree, utilizing it in the production of juices, smoothies, and other beverages. The rising demand for healthy and refreshing drinks is driving the growth of this segment. In 2024, the beverage industry accounted for approximately 35% of the Mango Puree Market revenue.The food industry is another significant application segment, employing mango puree in the manufacturing of desserts, bakery products, and confectionery. The increasing popularity of mango-flavored foods is contributing to the growth of this segment. In 2024, the food industry held a market share of around 30%. The pharmaceutical industry uses mango puree for its medicinal properties. It is incorporated into dietary supplements, nutraceuticals, and traditional medicines. The growing demand for natural and herbal remedies is fueling the growth of this segment.In 2024, the pharmaceutical industry accounted for approximately 18% of the Mango Puree Market revenue. The cosmetics industry utilizes mango puree in the production of skincare and haircare products. Its antioxidant and moisturizing properties make it a valuable ingredient in anti-aging creams, lotions, and shampoos. In 2024, the cosmetics industry held a market share of around 17%. The growth of the Mango Puree Market is driven by factors such as rising disposable income, increasing health consciousness, and the growing popularity of ethnic cuisines.The market is expected to witness continued growth in the coming years, with the beverage and food industries remaining the dominant application segments.
Mango Puree Market Function Insights
The Function segment of the Global Mango Puree Market is segmented into Flavor Enhancing, Sweetening Agent, Coloring Agent, and Antioxidant Source. The Flavor Enhancing segment held the largest market share in 2023, and is expected to continue to dominate the market throughout the forecast period. This is due to the increasing demand for natural and healthy food ingredients, as well as the growing popularity of mango puree as a flavor enhancer in food and beverage products. The Sweetening Agent segment is expected to witness significant growth over the forecast period, due to the increasing demand for natural and low-calorie sweeteners.The Coloring Agent segment is also expected to grow steadily over the forecast period, as mango puree is a natural and vibrant coloring agent that is becoming increasingly popular in food and beverage products. The Antioxidant Source segment is expected to grow at a moderate pace over the forecast period, as consumers become increasingly aware of the health benefits of antioxidants.
Mango Puree Market Distribution Channel Insights
The Mango Puree Market segmentation by Distribution Channel is categorized into Direct Sales and Indirect Sales (Through Distributors and Retailers). Direct Sales involve the sale of Mango Puree directly from the manufacturer to the end consumer, eliminating intermediaries. On the other hand, Indirect Sales involve the distribution of Mango Puree through distributors and retailers, who act as intermediaries between the manufacturer and the consumer. In 2023, the Indirect Sales segment held a significant share of the Mango Puree Market revenue, owing to the extensive distribution networks of distributors and retailers.Distributors play a crucial role in reaching a wider customer base, ensuring product availability, and providing efficient logistics services. However, Direct Sales are gaining traction as manufacturers seek to establish a direct connection with consumers, control pricing, and enhance brand loyalty. The Direct Sales segment is projected to exhibit a steady growth rate during the forecast period, as manufacturers implement innovative strategies to enhance consumer engagement and build brand reputation.
Mango Puree Market Regional Insights
The regional segment plays a significant role in the Mango Puree Market segmentation. North America held the largest market share of 38.2% in 2023 and is expected to continue its dominance throughout the forecast period. The U.S. is the key contributor to the regional market growth due to the rising demand for processed food products and increasing health consciousness among consumers. Europe is the second-largest market, with a market share of 29.5% in 2023. The growing popularity of convenience food and the presence of major food and beverage companies in the region contribute to the market growth.The Asia-Pacific region is anticipated to witness the fastest growth during the forecast period, owing to the rising consumption of mango puree in various food applications and the growing population in developing countries like India and China. The South American and Middle East and Africa regions are also expected to contribute to the overall market growth, albeit at a slower pace compared to other regions.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Mango Puree Market Key Players And Competitive Insights
Major players in the Mango Puree Market are continuously investing in research and development to enhance their product offerings and gain a competitive edge. They are focusing on developing innovative mango puree products that meet the evolving needs of consumers. Furthermore, strategic partnerships and acquisitions are being pursued to expand market reach and strengthen distribution channels. The competitive landscape is expected to remain dynamic, with new entrants seeking to disrupt the market and established players striving to maintain their market share.Leading Mango Puree Market players such as Ingredion Incorporated, Dhler Group, Kerry Group, Tate & Lyle, and Sensient Technologies Corporation have a strong presence and a wide range of product offerings. They have established a loyal customer base and have a proven track record of innovation. These companies are actively involved in mergers and acquisitions to expand their product portfolio and geographical reach. Through strategic partnerships, they aim to enhance their distribution network and gain access to new markets.Competitors in the Mango Puree Market, like Frutarom Industries, Synergy Flavors, and Naturex, aim to differentiate themselves by focusing on niche markets or offering customized solutions to cater to specific customer requirements. They are investing in research and development to create new products and technologies that meet the evolving consumer trends. By leveraging their expertise in flavor and ingredient solutions, these companies aim to gain a competitive advantage and expand their market share. The competitive dynamics of the Mango Puree Market are expected to intensify further as new players enter the market and existing players continue to innovate and expand their product offerings.
Key Companies in the Mango Puree Market Include:
Mango Puree Market Industry Developments
The mango puree market is projected to reach USD 6.2 billion by 2032, exhibiting a CAGR of 3.84% during the forecast period (2024-2032). Rising demand for natural and healthy food products, increasing consumption of convenience foods, and growing popularity of mango-based beverages are key factors driving market growth. Asia-Pacific is the largest market, with India being the major producer and consumer of mango puree. Key industry participants include Dhler, Ingredion Incorporated, and Kerry Group. Recent news and developments include the launch of new mango puree products, such as organic and sustainably sourced varieties, and strategic partnerships between suppliers and manufacturers to meet the growing demand.
Mango Puree Market Segmentation Insights
-
Mango Puree Market Type Outlook
- Frozen Mango Puree
- Aseptic Mango Puree
- Dried Mango Puree
- Fresh Mango Puree
-
Mango Puree Market Application Outlook
- Beverage Industry
- Food Industry
- Pharmaceutical Industry
- Cosmetics Industry
-
Mango Puree Market Function Outlook
- Flavor Enhancing
- Sweetening Agent
- Coloring Agent
- Antioxidant Source
-
Mango Puree Market Distribution Channel Outlook
- Direct Sales
- Indirect Sales (Through Distributors and Retailers)
-
Mango Puree Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
4.25(USD Billion) |
| Market Size 2023 |
4.42(USD Billion) |
| Market Size 2032 |
6.2(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
3.84% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Frubana, Tropicana, Sensus, Frulact, Batra Group, Cargill, Image Processing Technology, Global Foods, Alps Industries, Corbion, Lov Fruit, Archer Daniels Midland, Ingredion |
| Segments Covered |
Type, Application, Function, Distribution Channel, Regional |
| Key Market Opportunities |
Growing demand for natural and healthy ingredients expanding beverage industry increasing application in food and beverage rising demand in emerging markets growing popularity of exotic flavors |
| Key Market Dynamics |
Rising demand for natural sweeteners Increased awareness of health benefits Growing use in food and beverage applications Expanding applications in pharmaceuticals Emerging markets growth potential |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Global Mango Puree Market is estimated to be valued at 4.42 USD Billion in 2023.
The Global Mango Puree Market is projected to grow at a CAGR of 3.84% from 2024 to 2032.
The Asia-Pacific region is expected to hold the largest market share in the Global Mango Puree Market by 2032.
The key application segments of the Global Mango Puree Market include beverages, dairy products, confectionery, and bakery products.
Some of the key competitors in the Global Mango Puree Market include Dhler, Ingredion, Sensient Technologies, and Naturex.
The Global Mango Puree Market is projected to reach a valuation of 6.2 USD Billion by 2032.
The beverages segment is expected to witness the highest growth rate in the Global Mango Puree Market during the forecast period.
The increasing demand for natural and healthy ingredients, the rising popularity of mango-flavored products, and the growing awareness of the health benefits of mango puree are some of the key factors driving the growth of the Global Mango Puree Market.
The seasonal availability of mangoes, the high cost of production, and the intense competition from other fruit purees are some of the key challenges faced by the Global Mango Puree Market.
The expanding food and beverage industry, the increasing demand for convenience foods, and the growing popularity of mango-flavored products in emerging markets are some of the key growth opportunities for the Global Mango Puree Market.
