The Global Fruit and Vegetable Juice Market are projected to reach USD 173 billion by 2024, growing at an anticipated CAGR of three.17% during the forecast period. Growth in 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 that are misplaced during the heating and oxidizing phases of the traditional techniques for making juices. Very few clients are aware of the benefits of fruit and vegetable blended juices, in particular in growing countries. This compelled vendors of blended juices in such markets to provide you with advertising and advertising and marketing sports to boom customer consciousness approximately the blessings of mixed juice merchandise.
The Global Fruit and Vegetable Juice Market are segmented by means of Product Type into Fruit Juice, Vegetable Juice, and Nectar and via Distribution Channel 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 way of understanding client options with a purpose to meet client expectations. Omega-three, fiber, bioactive compounds, vitamins, and probiotic bacteria are a number of the practical components that offer tremendous product opportunities for the juice industry. Vitamins are added to fruit juices to growth the nutritional profile of fruit juice merchandise. Vitamin D, nutrition E, diet A, and nutrition Care a number of the popular nutrition types delivered to fruit juices. Various government projects are being undertaken throughout the globe to increase the consumption of fortified food and liquids, in particular in developing countries like China and India.
The Middle East And Africa is the Fastest Growing Region of the Global Market for Fruit And Vegetable Juices
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 closer to more healthy fruit and vegetable juices in preference to carbonated electricity beverages is surfacing inside the region. One of the potential motives for the increase of this marketplace in South Africa is the authorities’ awareness campaign that is 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 the age of forty five select juices and not using a delivered sugar, one hundred% juice content material, and with vitamins and minerals. Parents select such products for kids.
The global fruit and vegetable juice marketplace is rather fragmented with numerous small and medium regional gamers holding the majority percentage. Major players within the marketplace are looking to gain aggressive benefit over the nearby gamers through product innovations involving seasonal/local culmination. The key gamers 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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Major Point of TOC:
Chapter One: INTRODUCTION
Chapter Two: RESEARCH METHODOLOGY
Chapter Three: EXECUTIVE SUMMARY
Chapter Four: MARKET DYNAMICS
Chapter Five: MARKET SEGMENTATION
Chapter Six: COMPETITIVE LANDSCAPE
Chapter Seven: MARKET OPPORTUNITIES AND FUTURE TRENDS