Coulis is a thick sauce made from strained and pureed vegetables or fruits. Fruit coulis used on desserts, whereas vegetable coulis used on vegetable and meat dishes. Commonly used fruits and vegetables for making coulis are raspberry, red pepper, and apricot. The global coulis market is expected to have significant growth rate, attributed to growing food industry and increasing demand for processed food. Asia-Pacific except Japan has substantial growth in the global coulis market, owing to growing population, and increasing food service sector.
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Global Coulis Market Dynamics:
The growth of the global coulis market is driven by growing demand for processed food and high demand for confectionaries and berries. Macroeconomic factors such as growing economy, increasing per capita income, rapid rate of urbanization, and employment rate driving the global coulis market. However, lifestyle diseases like diabetes and obesity is expected to restrain the global coulis market over the forecast period. The company operates in the coulis market have significantly high opportunity in regions such as Asia-Pacific, Middle East & Africa, and Latin America attributed to the significantly growing economy.
Global Coulis Market Segmentation:
The global coulis market is segmented on the basis of source, distribution channel, end-user, and region. On the basis of source, the global coulis market is segmented as fruits and vegetables, wherein fruits segment have significant revenue share and is expected to have substantial growth rate, owing to rapidly growing demand for berries and food products made up of berries across the globe. Fruit segment further sub-segmented into raspberry, apricot, strawberry, blackberry, mango, and others. Among these, raspberry segment contribute for the lion share in the global coulis market. Vegetable segment is further sub-segmented as red pepper, cilantro, tomato, and others. On the basis of distribution channel, the global coulis market is segmented as wholesale and retail. Retail segment is fragmented into hypermarket/supermarket, convenience store, and e-Commerce. Among distribution channel segment, the wholesale segment is expected to have a substantial revenue share in coulis market, owing to significantly growing food service and manufacturing sector across the globe, whereas retail segment has the substantial growth rate. On the basis of end-use, the global coulis market is segmented as food services, consumers, and food product manufacturing wherein food services segment have significant revenue share, whereas consumers segment is expected to have substantial growth rate, owing to changing lifestyle and increasing per capita income of the consumers across the globe.
Global Coulis Market Regional Outlook:
Based on the geographies, the global coulis market is fragmented into seven regions — North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific except Japan, Japan, and the Middle East & Africa. Among the regions, North America and Western Europe account for a relatively high share of the coulis market, attributed high demand for processed food across the region. The Asia-Pacific except Japan region also accounts for the significant share in the global coulis market with substantial growth rate, owing to the rapidly growing population, increasing per capita income, and changing lifestyle of the consumers across the region. Eastern Europe and Japan also accounts for significant value share in the global coulis market. The developing economy such as Middle East Africa and Latin America have a substantial growth in the global coulis market. Overall, the outlook for the global coulis market will have a positive growth over the forecast period, increasing food service industry, increasing per capita income, and rapid economic growth, being counterfeiting factors.
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Global Coulis Market Player:
Few players in the global coulis market include SICA SICODIS, ITALIAN TASTE, Fuerst Day Lawson, FABRICA DE CONSERVE DIN CALARASI SA, Hiltfields Ltd., PATRELLE, Italia Foods, Inc., SPAIN JUICE TIMNAR, S.L., Fruitapeel, LES FRUITS ROUGES DE L’AISNE, Andrew Ingredients, and Lynch Foods.