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.
Edmund Barton Ltd.
Holmes Made Foods LLC
Tree Top, Inc.
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
10.3. South America
10.5. Middle East and Africa
10.6. Asia Pacific
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
For more information about this report visit https://www.researchandmarkets.com/r/nlgqt6
View source version on businesswire.com: https://www.businesswire.com/news/home/20201204005287/en/
Laura Wood, Senior Press Manager
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