Juices And Juice Concentrates Market 2024 | Market Size, Industry Trends, Share, Market Analysis, Key Drivers, Top Major Players And Forecast To 2033
The Juices And Juice Concentrates
by The Business Research Company provides market overview across 60+
geographies in the seven regions - Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, the Middle East, and Africa, encompassing
27 major global industries. The report presents a comprehensive analysis over a
ten-year historic period (2010-2021) and extends its insights into a ten-year
forecast period (2023-2033).
Learn More On The Juices And
Juice Concentrates Market:
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According to The Business Research
Company’s Juices And Juice Concentrates, The juices and juice concentrates
market size has grown steadily in recent years. It will grow from $35.82
billion in 2023 to $37.11 billion in 2024 at a compound annual growth rate
(CAGR) of 3.6%. The growth in the historic period can be
attributed to health and wellness trends, flavor innovation, convenience and
on-the-go consumption, marketing and branding strategies, rising disposable
income, .
The juices and juice concentrates
market size is expected to see steady growth in the next few years. It will
grow to $42.26 billion in 2028 at a compound annual growth rate (CAGR) of
3.3%. The growth in the forecast period
can be attributed to functional ingredients, sustainability practices, rising
health consciousness, transparency and clean label, personalization trends.
Major trends in the forecast period include innovative processing technologies,
digital marketing and e-commerce, functional and health-boosting varieties,
clean label and natural ingredients, sugar reduction and low-calorie options,
cold-pressed and raw juices.
The expansion of the food and
beverage sector is expected to propel the growth of the juices and juice
concentrates market going forward. The food and beverage sector encompasses all
organizations that process, package, and distribute raw food products. Consumers
are preferring beverages with healthier option and these juices and juice
concentrate acts as a replacement for sugar and flavoring agent juices, and
contributing to a healthy beverages options, as a result, the expansion of the
food and beverage sector boosts the growth of the juices and juice concentrate
market. For instance, in December 2022, according to a report published by
FoodDrinkEurope, a Food industry confederation in the European Union, the EU
food and drink industry turnover was €1,121 billion ($1185.74 billion) in 2022
up from €1,093 billion ($1157 billion) in 2021. Therefore, the expansion of the
food and beverage sector is driving the juices and juice concentrates market.
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The juices and juice
concentrates market covered in this report is segmented –
1) By Type: Juices, Juice
Concentrates
2) By Concentration:
Concentrated, Non-concentrated
3) By Distribution Channel:
Supermarket Or Hypermarkets, Convenience Stores, Specialty Food Stores, Online
Retail, Other Distribution Channels
4) By Application: Bakery
And Confectionery, Beverages, Dairy Food, Soups And Sauces, Other Applications
Top Major Players
Welch Foods Inc.
SVZ International B.V.
Sudzucker AG
Ingredion Incorporated
DöhlerGroup
Product innovation is the key
trend gaining popularity in the juices and the juice concentrates market. Major
companies operating in the juices and juice concentrates market are focused on
developing new products to strengthen their position in the market. For
instance, in October 2022, The EVERY Co., a US-based biotechnology company that
develops proteins and other products traditionally sourced from animals,
launched BUILD in partnership with Pulp Culture+. BUILD is the world's first
protein-boosted hard juice, a hyper-functional Full Spectrum beverage infused
with probiotics, adaptogens, source-verified super fruits, superfoods, and
animal-free EVERY Protein. This requires no masking agents, sugar, or other
unnecessary additives. It includes trendy ingredients such as cordyceps,
ashwagandha, and 5 grams of Protein.
The juices and juice
concentrates market report table of contents includes:
1. Executive Summary
2. Juices And Juice Concentrates
Market Characteristics
3. Juices And Juice Concentrates
Market Trends And Strategies
4. Juices And Juice Concentrates
Market - Macro Economic Scenario
5. Global Juices And Juice
Concentrates Market Size and Growth
......................
31. Global Juices And Juice
Concentrates Market Competitive Benchmarking
32. Global Juices And Juice
Concentrates Market Competitive Dashboard
33. Key Mergers And Acquisitions
In The Juices And Juice Concentrates Market
34. Juices And Juice Concentrates
Market Future Outlook and Potential Analysis
35. Appendix
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