Global Applesauce Industry Market Report by 2026
According to the report, the Applesauce market is expected to grow from USD 1,885 million in 2019 to USD 2,359 million by 2026, growing at a CAGR of 3.26% from 2019 to 2026.
Description:
Applesauce market is expected to witness growth due to the rising awareness about the health benefits of the product. The global Applesauce market is estimated to be USD 1,885 million in 2019 and is expected to reach USD 2,359 million by 2026, with a CAGR of 3.26% during the forecast period.
Apple sauce or applesauce is a sauce made of apples. It can be made with flat top or unpeeled apples and a variety of spices (commonly cinnamon and allspice). Flavorings or sweeteners such as sugar or honey are also commonly added. Apple sauce is inexpensive and is widely used in North America and some European countries.
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Competitive Insights
Key players in the Applesauce market cover Materne (GoGo Squeez), Mott's, Knouse Foods, TreeTop, and J.M. Smucker. Other players in the Applesauce market are Leahy Orchards, Charles & Alice, Kewpie, Manzana Products, Andros Foods, Supervalu, Duerr's, Vermont Village, Eden Foods, and others.
Regional Insights
In 2018, the global Applesauce market was mainly concentrated in the three regions of North America, Asia-Pacific, and Europe, with the market share of 32.79%, 28.33%, and 27.65% respectively, accounting for a total of 88.77%. Asia-Pacific is the largest market with a proportion of 48.62%. India and China are the world's largest apple producers.
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Audience
l Raw material suppliers of Applesauce
l Distributors and resellers of Applesauce
l Applesauce industry associations
l Product managers, Applesauce industry administrator, C-level executives of the industries
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