“Global Apple Sauce Market, by Nature (Organic, Conventional), by End-Use (Food Industry, Bakery, Confectionery, Baby Food, Household, Other End-Uses), by Distribution Channel (Retail Store, Department Store, Supermarket/Hypermarket, Specialty Store, E-Commerce), as well as by Region – Global Forecast 2021 to 2030.”, which offers a comprehensive view of the global apple sauce market through systematic segmentation, covering every aspect of this target market. The 5-year cumulative revenue (2021–2026) is projected to be over USD $1,794.7 Mn, and is estimated to increase significantly over the latter part of the forecast period.
Apple sauce is made from a blend of three or four varieties combined in proportions require to give the tartness, flavor, color, and texture desired. The sauce is also occasionally manufactured of a single variety of apple. Usually, it is necessary to blend hard apples with softer varieties to obtain desirable texture and to limit the proportion of highly red-pigmented (anthocyanin) varieties, which impart a pink color to the sauce if used in excess. Apple aroma is also a factor in selecting a variety blend.
Apples have been found to be excellent sources of numerous beneficial phytochemicals such as catechin, chlorogenic acid, quercetin, and phloridzin, which are known to prevent cell damage, as well as to aid in lowering the risk of individuals developing type 2 diabetes, cancer, asthma, Alzheimer’s disease, heart diseases, etc. Moreover, these days a growing number of individuals are actively seeking adequate means to lead healthier lifestyles owing to the increasing prevalence of various chronic diseases. These are some of the primary factors that are slated to have a profound influence on the revenue growth of the global apple sauce market over the next decade.
Furthermore, the steady increase in geriatric populations across the world is also a major factor that is expected to have a significant impact on the market growth of this global industry as apple sauce is frequently used in nursing homes and similar facilities that cater to individuals that belong to this age demographic. In addition, due to the COVID-19 outbreak, an increasing number of individuals are now exploring healthy options to keep their immune systems at optimum levels, with many opting for vitamin C supplements, however, apple sauce does provide its consumers with close to 80% of their daily recommended vitamin C intake, making it an excellent option for individuals of all ages. This is another major factor that is anticipated to further augment the revenue growth of the global apple sauce market, edging the projected revenue of this industry to USD $2,212.6 Mn by 2030, at a CAGR of 5.4%.
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