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Juices Market Size to Grow by USD 76.96 Bn at a CAGR of 7.33%|Fruit Juices segment is expected to witness lucrative growth | Technavio

·12 min read

NEW YORK, May 30, 2022 /PRNewswire/ -- The Juices Market size is expected to grow by USD 76.96 billion with a YOY growth of 6.20% during the forecast period. The benefits of cold-pressed juice over traditional juice is notably driving the juice market growth. The report offers an up-to-date analysis of the current market scenario and information from several leading manufacturers.

Technavio has announced its latest market research report titled Juices Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025
Technavio has announced its latest market research report titled Juices Market by Product, Distribution Channel, and Geography - Forecast and Analysis 2021-2025

For more insights on YOY and CAGR, Request Latest Sample Report.

This market research report extensively covers Juices Market segmentations by the following:

  • Product - Fruit juices, vegetable juices, and others

  • Geography - Europe, North America, APAC, South America, MEA, Europe, North America, APAC, South America, and MEA

Get more insights into this market's growth with a detailed analysis of the top regions, View our Sample Report!

Juices Market Dynamics

Market Driver

Cold-pressed juice's benefits over regular juice are propelling the juice sector forward. Cold-pressed juices are high in nutrients that help the body detox, combat toxins, and improve immunity and health. Another aspect that could contribute to the market's growth is the increase in the number of cold-pressed juice bars around the world. As a result, the different health benefits of cold-pressed juices over traditional-pressed juices, as well as the growing number of cold-press juice bars, will assist to boost sales during the projection period.

Market Trend

The primary market trend driving the global juice market growth is increasing urbanization and changing consumer lifestyles. The expanding urban population, rising demand for on-the-go meals, and rising purchasing power parity of consumers in emerging countries are all major growth factors. Factors like a significant shift in consumer lifestyle and nutrition patterns over the last two decades have also contributed to the global juices market's rise.

Market Challenge

The shifting prices of raw materials are one of the primary impediments to the global juice business. Fruits, vegetables, sugar, and other substances are common raw materials for juices. The cost of producing juices increases when raw material costs rise. As a result, juice producers have to pay a lot of money to get their raw materials. Furthermore, poor weather conditions, national emergencies, natural catastrophes, supply shortages, and other unforeseeable events have an impact on raw material availability.

Our reports covers all the major factor that drives a market along with the challenges. To get a detailed understanding of the market trend, Click here to BUY Now!

Juices Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7.33%

Market growth 2021-2025

$ 76.96 billion

Market structure

Fragmented

YoY growth (%)

6.20

Regional analysis

Europe, North America, APAC, South America, MEA, Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 39%

Key consumer countries

US, Germany, China, France, and UK

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Citrus World Inc., Del Monte Pacific Ltd., Eckes Granini Group GmbH, Keurig Dr Pepper Inc., Nestle SA, Ocean Spray Cranberries Inc., PepsiCo Inc., Suntory Holdings Ltd., The Coca Cola Co., and Welch Foods Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Juices Market Segmentation

  • Product

  • Geography

Download Sample Report: to know additional highlights and key points on various market segments and their impact in coming years.

Juices Market Vendor

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

  • Citrus World Inc.

  • Del Monte Pacific Ltd.

  • Eckes Granini Group GmbH

  • Keurig Dr Pepper Inc.

  • Nestle SA

  • Ocean Spray Cranberries Inc.

  • PepsiCo Inc.

  • Suntory Holdings Ltd.

  • The Coca Cola Co.

  • Welch Foods Inc.

Find out the top market vendors, their competition and how they excel in the Juices Market in our latest Sample Report. Download our Detailed Sample Report.

Product Insights and News

  • Citrus World Inc. - The company offers a variety of beverages namely, Floridaa natural, Floridas natural select, Growers pride, Arizona and others.

  • Del Monte Pacific Ltd. - The company strives to be the solutions based, quality leader product provider for the foodservice and institutional sector.

  • Eckes Granini Group GmbH - The company has positioned itself as a leading juice producer with its offerings such as ambient fruit juices and nectars, chilled fruit juices and smoothies, fruit based refreshment drinks and fruit syrups.

Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!

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Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem

  • 2.2 Value chain analysis

3 Market Sizing

  • 3.1 Market definition

  • 3.2 Market segment analysis

  • 3.3 Market size 2019

  • 3.4 Market outlook: Forecast for 2019 - 2024

4 Five Forces Analysis

  • 4.1 Five forces summary

  • 4.2 Bargaining power of buyers

  • 4.3 Bargaining power of suppliers

  • 4.4 Threat of new entrants

  • 4.5 Threat of substitutes

  • 4.6 Threat of rivalry

  • 4.7 Market condition

5 Market Segmentation by Product

  • 5.1 Market segments

  • 5.2 Comparison by Product

  • 5.3 Fruit juices - Market size and forecast 2019-2024

  • 5.4 Vegetable juices - Market size and forecast 2019-2024

  • 5.5 Others - Market size and forecast 2019-2024

  • 5.6 Market opportunity by Product

6 Market Segmentation by Distribution channel

  • 6.1 Market segments

  • 6.2 Comparison by Distribution channel

  • 6.3 Offline - Market size and forecast 2019-2024

  • 6.4 Online - Market size and forecast 2019-2024

  • 6.5 Market opportunity by Distribution channel

7 Customer landscape

8 Geographic Landscape

  • 8.1 Geographic segmentation

  • 8.2 Geographic comparison

  • 8.3 Europe - Market size and forecast 2019-2024

  • 8.4 North America - Market size and forecast 2019-2024

  • 8.5 APAC - Market size and forecast 2019-2024

  • 8.6 South America - Market size and forecast 2019-2024

  • 8.7 MEA - Market size and forecast 2019-2024

  • 8.8 Impact of COVID-19 pandemic on the market

  • 8.9 Key leading countries

  • 8.10 Market opportunity by geography

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers

  • 9.2 Market challenges

  • 9.3 Market trends

10 Vendor Landscape

  • 10.1 Overview

  • 10.2 Vendor landscape

  • 10.3 Landscape disruption

11 Vendor Analysis

  • 11.1 Vendors covered

  • 11.2 Market positioning of vendors

  • 11.3 Citrus World Inc.

  • 11.4 Del Monte Pacific Ltd.

  • 11.5 Eckes-Granini Group GmbH

  • 11.6 Keurig Dr Pepper Inc.

  • 11.7 Nestle SA

  • 11.8 Ocean Spray Cranberries Inc.

  • 11.9 PepsiCo Inc.

  • 11.10 Suntory Holdings Ltd.

  • 11.11 The Coca-Cola Co.

  • 11.12 Welch Foods Inc.

12 Appendix

  • 12.1 Scope of the report

  • 12.2 Currency conversion rates for US$

  • 12.3 Research methodology

  • 12.4 List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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SOURCE Technavio