Global Vegetable Concentrates Market

The global vegetable concentrates market reached an estimated value of USD 4.70 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 3.40% between 2024 and 2032, reaching around USD 6.38 billion by 2032. This growth is driven by rising consumer demand for natural and nutritious food ingredients, the increasing popularity of plant-based diets, and the expansion of the food and beverage industry globally.

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Vegetable Concentrates Market Size & Trends | 2032

The global vegetable concentrates market stood at a value of around USD 4.70 billion in 2023. The market is further expected to grow at a CAGR of 3.40% in the forecast period of 2024-2032 to attain a value of USD 6.38 billion by 2032.