Report Code: A11705 | Pages: NA | ||
Tables: NA | Charts: NA |
|
Juice Market Outlook – 2030
Juice is a drink made from the extraction or pressing of the natural liquid contained in fruits & vegetables. It can also be referred to liquids that are flavored with concentrate or other biological food sources, such as meat or seafood, such as clam juice. It is commonly consumed as a beverage or used as an ingredient or flavoring in food or other beverages, as for smoothies. Juice emerged as a popular beverage choice after the development of pasteurization methods enabled its preservation without using fermentation (which is used in wine production). The largest fruit juice consumers are New Zealand (nearly a cup, or 8 ounces, each day) and Colombia (more than three quarters of a cup each day). Fruit juice consumption on an average increases with country income level.
COVID-19 Impact analysis
Top Impacting Factors
Market Trends
Super Fruits and No Calorie Products Fuel Market Growth in Health Drinks Sector
Countries in Asia and Southeast Asia hold lucrative growth opportunities for companies in the juice market. European and American countries are lucrative locations for innovative product launches. The concept of value-added juices is growing rampant in the market landscape. Super fruits such as blueberries, avocados, and cherries are being mixed with cereals and proteins to cater to the meal replacement trend. Manufacturers are increasing the availability of clean label products with as few ingredients as possible to gain market recognition.
Reduced sugar fruit juices are in high demand by pro health customers. The soft drinks industry is grabbing the attention of companies in the juice market, since the trend of no calorie products is surging. On the other hand, manufacturers are tapping into incremental opportunities with vegetable juices that are mixed with other fruit juices to reduce the overall sugar content.
Traceability Information and Actual Fruit Content Increase Product Recall
Several people are developing interest in natural fruit juices. Companies in the juice market are capitalizing on this trend to introduce local and regional ingredients that bolster product recall. It has been found that Germany holds lucrative opportunities for manufacturers in the juice market to expand their business in terms of volume and sales. The high per capita consumption of fruit juices and nectars in Germany has created revenue opportunities for manufacturers who are increasing their output capacities in orange, apple, and multivitamin fruit juices.
Consumer information has become important to draw sales, since customers are uncertain about actual fruit content and presence of added sugar. Traceability is a recurring trend in the market landscape, as consumers are increasingly taking interest in the source of fruits. CBD (Cannabidiol) and coconut water are meeting the social media friendliness test for future innovations in juices.
Key Benefits of the Report
Questions answered in the Report
Juice Market Report Highlights
Aspects | Details |
---|---|
By Product Type |
|
By Concentration |
|
By Packaging |
|
By Distribution Channel |
|
By Region |
|
Key Market Players | Del Monte Pacific Ltd., Suntory Holdings Ltd., The Coca Cola Co., Welch Foods Inc., Nestle SA,, Ocean Spray Cranberries Inc., Citrus World Inc., Keurig Dr Pepper Inc., Eckes Granini Group GmbH, PepsiCo Inc. |
Loading Table Of Content...
Start reading.
This Report and over 71,335+ more Reports, Available with Avenue Library. T&C*.
Enterprise
License/PDF
Library
Membership
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of the scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save time for readers
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.
Get Industry Data AlertsTo ensure high-level data integrity, accurate analysis, and impeccable forecasts
For complete satisfaction
On-demand customization of the scope of the report to exactly meet your needs
Targeted market view to provide pertinent information and save the time of readers