Dublin, Dec. 01, 2020 (GLOBE NEWSWIRE) -- The "Apple Sauce Market - Forecasts from 2020 to 2025" report has been added to ResearchAndMarkets.com's offering.
Apple Sauce Market Size is expected to grow at a compound annual growth rate of 9.69% over the forecast period to reach a market size of US$5.229 billion in 2025 from US$3.002 billion in 2019.
Increasing global population and rural to urban migrations are poised to influence the applesauce market growth all over the world which also pave the way for the adoption of new trends and is anticipated to further drive the demand of applesauce where it hasn't been a traditional constituent of one's diet. This is also partly because rural to urban migration leads to an increase in disposable income.
This has resulted in a shift away from the traditional consumption and an upswing in adopting the means of living that are normally endemic to urban areas or developed economies. In view of the above, it should be noted that 1.7 billion people i.e. around 23% of the world population lived in a city and 45 % of the world's population resided in rural areas which are expected to fall by 40% by 2030 as per United Nations (UN).
Thus, facilitating an increased sale over eCommerce channels which were already in the order of 25 trillion USD in 2018 and was equivalent to 30% of the global GDP (gross domestic product) that particular year, according to UNCTAD. Further, the value of B2B eCommerce was $21 trillion I.e. 83% of all eCommerce, and that of B2C eCommerce was $4.4 trillion. The top three countries which occupied B2C sales were China, the United States, and the United Kingdom.
Further, the estimated cross-border B2C e-commerce sales amounted to $404 billion in 2018. The effects of rapid urbanization also lead to the receipt of better education which automatically results in the capacity of high-income generation as well as a conscientious investment in personal nutrition through the means of products that are derived from natural ingredients like applesauce among others. Moreover, the emerging economies and promising online retail infrastructure are expected to augment the sales of apple sauce during the next few years.
The consumer goods industry of newly industrialized countries is witnessing an increased presence of online retailers that are facilitating the growth of the food products like condiments and preserves apart from factors like the growing middle-income group and the rising population of working women. In the case of China, in comparison with their predecessor's today's consumers are seeking out the quickest and the most convenient methods to meet their demands facilitated by the ability to purchase through mobile payment apps like AliPay and WeChat Pay. Besides, global companies with data-driven operations are leveraging consumer preference data, which are obtained from various digital platforms to better understand customer segments and consequently target the same which has driven better placement of products and marketing strategies satisfactorily meeting customer expectations
The upward trend in organic production is expected to contribute to the applesauce market pertain to the organic segment. This would lead to the organic segment of the market holding a substantial share. From the perspective of the global market for organic food & beverage. Reportedly the EU organic farmland has more than doubled in the last decade, with 500,000 hectares of land being converted each year into organic production. Spanning the EU 28, reportedly in 2018, the area covered under Organic farming was in the order of 13.4 million hectares which corresponds to 7.5 % of the total utilized agriculture area of the aforesaid area. Pastures and meadows accounted for 44% of EU organic agricultural land, 11 % of organic production were represented by permanent and remain was represent by arable crops.
Key Topics Covered:
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porters Five Forces Analysis
4.3.1. Bargaining Power of Suppliers
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
6. Apple Sauce Market Analysis, By Type
7. Apple Sauce Market Analysis, By Nature
8. Apple Sauce Market Analysis, By Packaging
9. Apple Sauce Market Analysis, By Distribution Channel
9.2.1. Convenience Stores
10. Apple Sauce Market Analysis, By Geography
10.2. North America
10.2.1. North America Apple Sauce Market, By Type, 2019 to 2025
10.2.2. North America Apple Sauce Market, By Nature, 2019 to 2025
10.2.3. North America Apple Sauce Market, By Packaging, 2019 to 2025
10.2.4. North America Apple Sauce Market, By Distribution Channel, 2019 to 2025
10.2.5. By Country
10.2.5.1. United States
10.3. South America
10.3.1. South America Apple Sauce Market, By Type, 2019 to 2025
10.3.2. South America Apple Sauce Market, By Nature, 2019 to 2025
10.3.3. South America Apple Sauce Market, By Packaging, 2019 to 2025
10.3.4. South America Apple Sauce Market, By Distribution Channel, 2019 to 2025
10.3.5. By Country
10.4.1. Europe Apple Sauce Market, By Type, 2019 to 2025
10.4.2. Europe Apple Sauce Market, By Nature, 2019 to 2025
10.4.3. Europe Apple Sauce Market, By Packaging, 2019 to 2025
10.4.4. Europe Apple Sauce Market, By Distribution Channel, 2019 to 2025
10.4.5. By Country
10.4.5.3. United Kingdom
10.5. Middle East and Africa
10.5.1. Middle East and Africa Apple Sauce Market, By Type, 2019 to 2025
10.5.2. Middle East and Africa Apple Sauce Market, By Nature, 2019 to 2025
10.5.3. Middle East and Africa Apple Sauce Market, By Packaging, 2019 to 2025
10.5.4. Middle East and Africa Apple Sauce Market, By Distribution Channel, 2019 to 2025
10.5.5. By Country
10.5.5.2. South Africa
10.6. Asia Pacific
10.6.1. Asia Pacific Apple Sauce Market, By Type, 2019 to 2025
10.6.2. Asia Pacific Apple Sauce Market, By Nature, 2019 to 2025
10.6.3. Asia Pacific Apple Sauce Market, By Packaging, 2019 to 2025
10.6.4. Asia Pacific Apple Sauce Market, By Distribution Channel, 2019 to 2025
10.6.5. By Country
11. Competitive Environment and Analysis
11.1. Major Players and Strategy Analysis
11.2. Emerging Players and Market Lucrativeness
11.3. Mergers, Acquisitions, Agreements, and Collaborations
11.4. Vendor Competitiveness Matrix
12. Company Profiles
12.1. Andros Group
12.2. Colman's (Unilever)
12.3. Edmund Barton Ltd.
12.4. Holmes Made Foods LLC
12.7. Three Trees
12.8. Tree Top, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/p6t4pd
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