Market Overview
The Global Fruit and Vegetable Juice Market is projected to reach USD 173 billion by 2024, growing at an anticipated CAGR of three.17% during the forecast period. Growth in the fruit and vegetable juice marketplace is pushed by the growing call for wholesome meals from an increasingly fitness-conscious consumer base. The developing recognition of bloodless-pressed juices is one of the key segments influencing the boom of the juice marketplace internationally.
Cold-pressed juices preserve the nutrients, minerals, and enzymes misplaced during the heating and oxidizing phases of the traditional techniques for making juices. Very few clients know the benefits of fruit and vegetable blended juices, particularly in growing countries. This compelled vendors of blended juices in such markets to provide you with advertising and advertising marketing sports to boost customer consciousness about the blessings of mixed juice merchandise.
The Global Fruit and Vegetable Juice Market is segmented using Product Type into Fruit Juice, Vegetable Juice, and Nectar and via Distribution Channels into Supermarkets/Hypermarkets, Specialty Stores, Convenience Stores, and Other Distribution Channels. The Other Distribution Channels segment includes departmental stores, range shops, online channels, and warehouse golf equipment.
Key Market Trends
Increasing Demand for Fortified Juices
Fruit juices fortified with purposeful elements provide new product opportunities to agencies that could increase and marketplace practical fruit juice merchandise by understanding client options to meet client expectations. Omega-three, fiber, bioactive compounds, vitamins, and probiotic bacteria are several practical components that offer tremendous product opportunities for the juice industry.
Vitamins are added to fruit juices to enhance the nutritional profile of fruit juice merchandise. Vitamin D, nutrition E, diet A, and nutrition Care are some of the popular nutrition types delivered to fruit juices. Various government projects are being undertaken worldwide to increase the consumption of fortified food and liquids, particularly in developing countries like China and India.
The Middle East and Africa are the fastest-growing global fruit and vegetable juices market regions. The cutting-edge average per capita intake of fruit and vegetable juices inside the Middle East and Africa vicinity is relatively lower than that of the advanced areas but is growing at a short pace. Education stages play an essential function in determining the health reputation of consumers in this vicinity. A shift toward healthier fruit and vegetable juices regarding carbonated electricity beverages is surfacing in the region.
One of the potential motives for the increase of this marketplace in South Africa is the authorities’ awareness campaign centered on orienting clients in the direction of more healthy food intake conduct. The fruit and vegetable juice market in Saudi Arabia has benefited from excise taxes imposed on carbonated and electricity beverages in 2017. People above forty-five select juices and do not use delivered sugar, 100% juice content material, or vitamins and minerals. Parents select such products for kids.
Competitive Landscape
The global fruit and vegetable juice marketplace is fragmented, with numerous small and medium regional players holding the majority of the market. Major players within the marketplace seek an aggressive advantage over the nearby players through product innovations involving seasonal/local culmination. The key players in the marketplace studied encompass PepsiCo Inc., The Coca-Cola Company, CSC Brand LP, Eckes-Granini Group, and The Kraft Heinz Company.
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– The marketplace estimate (ME) sheet in the Excel layout
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Major Point of TOC:
Chapter 1: INTRODUCTION
Chapter 2: RESEARCH METHODOLOGY
Chapter 3: EXECUTIVE SUMMARY
Chapter 4: MARKET DYNAMICS
Chapter 5: MARKET SEGMENTATION
Chapter 6: COMPETITIVE LANDSCAPE
Chapter 7: MARKET OPPORTUNITIES AND FUTURE TRENDS
