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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

Technavio (PRNewsfoto/Technavio)

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Technavio

May 30, 2022, 11:15 ET

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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.

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

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

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

  • Product - Fruit juices, vegetable juices, and others
    • The fruit juices category will grow its market share significantly. The fruit juices sector had the largest market share in the global juices market. The expansion of the fruit juices segment is attributed to an increase in the consumption of processed foods like fruit juices, as well as growing demand for nutritional foods as a result of the rising prevalence of health disorders linked to eating habits.
  • Geography - Europe, North America, APAC, South America, MEA, Europe, North America, APAC, South America, and MEA
    • Europe will account for 39 percent of market growth. In Europe, Germany and France are the most important markets for juices. The market in this region will increase at a quicker rate than the industry in North America. Due to increased health concerns about the high sugar content in many juices, the European juice industry is likely to develop at a moderate rate during the forecast period.

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
    • Fruit Juices
    • Vegetable Juices
    • Others
  • Geography
    • North America
    • Europe
    • APAC
    • Middle East And Africa
    • South America

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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Pet Food Market in Taiwan - The rising awareness of pet nutrition is notably driving the pet food market growth in Taiwan. Download our Exclusive Reports Now!

Water Enhancer Market- The increasing focus on health and wellness by consumers is notably driving the water enhancer market growth. Download our Exclusive Reports Now!

Table of Contents

1 Executive Summary

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 01: Parent market
    • Exhibit 02: Market characteristics
  • 2.2 Value chain analysis
    • Exhibit 03: Value chain analysis

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 04: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 05: Market segments
  • 3.3 Market size 2019
  • 3.4 Market outlook: Forecast for 2019 - 2024
    • Exhibit 06: Global - Market size and forecast 2019 - 2024 ($ billion)
    • Exhibit 07: Global juices market 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 08: Global market: Year-over-year growth 2019 - 2024 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
  • 4.2 Bargaining power of buyers
    • Exhibit 10: Bargaining power of buyers
  • 4.3 Bargaining power of suppliers
    • Exhibit 11: Bargaining power of suppliers
  • 4.4 Threat of new entrants
    • Exhibit 12: Threat of new entrants
  • 4.5 Threat of substitutes
    • Exhibit 13: Threat of substitutes
  • 4.6 Threat of rivalry
    • Exhibit 14: Threat of rivalry
  • 4.7 Market condition
    • Exhibit 15: Market condition - Five forces 2019

5 Market Segmentation by Product

  • 5.1 Market segments
  • 5.2 Comparison by Product
    • Exhibit 17: Comparison by Product
  • 5.3 Fruit juices - Market size and forecast 2019-2024
    • Exhibit 19: Global fruit juices market 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 20: Fruit juices - Year-over-year growth 2019-2024 (%)
  • 5.4 Vegetable juices - Market size and forecast 2019-2024
    • Exhibit 21: Vegetable juices - Market size and forecast 2019-2024 ($ billion)
    • Exhibit 22: Global vegetable juices market 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 23: Vegetable juices - Year-over-year growth 2019-2024 (%)
  • 5.5 Others - Market size and forecast 2019-2024
    • Exhibit 24: Others - Market size and forecast 2019-2024 ($ billion)
    • Exhibit 25: Global other juices market 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 26: Others - Year-over-year growth 2019-2024 (%)
  • 5.6 Market opportunity by Product
    • Exhibit 27: Market opportunity by Product

6 Market Segmentation by Distribution channel

  • 6.1 Market segments
  • 6.2 Comparison by Distribution channel
    • Exhibit 29: Comparison by Distribution channel
  • 6.3 Offline - Market size and forecast 2019-2024
    • Exhibit 31: Global juices market 2019-2024 ($ billion) by offline, exclusive of COVID-19 impact
    • Exhibit 32: Offline - Year-over-year growth 2019-2024 (%)
  • 6.4 Online - Market size and forecast 2019-2024
    • Exhibit 33: Online - Market size and forecast 2019-2024 ($ billion)
    • Exhibit 34: Global juices market 2019-2024 ($ billion) by online, exclusive of COVID-19 impact
    • Exhibit 35: Online - Year-over-year growth 2019-2024 (%)
  • 6.5 Market opportunity by Distribution channel
    • Exhibit 36: Market opportunity by Distribution channel

7 Customer landscape

8 Geographic Landscape

  • 8.1 Geographic segmentation
  • 8.2 Geographic comparison
    • Exhibit 39: Geographic comparison
  • 8.3 Europe - Market size and forecast 2019-2024
    • Exhibit 41: Juices market in Europe 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 42: Europe - Year-over-year growth 2019-2024 (%)
  • 8.4 North America - Market size and forecast 2019-2024
    • Exhibit 43: North America - Market size and forecast 2019-2024 ($ billion)
    • Exhibit 44: Juices market in North America 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 45: North America - Year-over-year growth 2019-2024 (%)
  • 8.5 APAC - Market size and forecast 2019-2024
    • Exhibit 46: APAC - Market size and forecast 2019-2024 ($ billion)
    • Exhibit 47: Juices market in APAC 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 48: APAC - Year-over-year growth 2019-2024 (%)
  • 8.6 South America - Market size and forecast 2019-2024
    • Exhibit 49: South America - Market size and forecast 2019-2024 ($ billion)
    • Exhibit 50: Juices market in South America 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 51: South America - Year-over-year growth 2019-2024 (%)
  • 8.7 MEA - Market size and forecast 2019-2024
    • Exhibit 52: MEA - Market size and forecast 2019-2024 ($ billion)
    • Exhibit 53: Juices market in MEA 2019-2024 ($ billion), exclusive of COVID-19 impact
    • Exhibit 54: MEA - Year-over-year growth 2019-2024 (%)
  • 8.8 Impact of COVID-19 pandemic on the market
  • 8.9 Key leading countries
    • Exhibit 55: Key leading countries
  • 8.10 Market opportunity by geography
    • Exhibit 56: Market opportunity by geography

9 Drivers, Challenges, and Trends

  • 9.1 Market drivers
  • 9.2 Market challenges
    • Exhibit 57: Impact of drivers and challenges
  • 9.3 Market trends

10 Vendor Landscape

  • 10.1 Overview
  • 10.2 Vendor landscape
    • Exhibit 58: Vendor landscape
  • 10.3 Landscape disruption
    • Exhibit 59: Landscape disruption
    • Exhibit 60: Industry risks

11 Vendor Analysis

  • 11.1 Vendors covered
    • Exhibit 61: Vendors covered
  • 11.2 Market positioning of vendors
    • Exhibit 62: Market positioning of vendors
  • 11.3 Citrus World Inc.
    • Exhibit 63: Citrus World Inc. - Overview
    • Exhibit 64: Citrus World Inc. - Product and service
    • Exhibit 65: Citrus World Inc. - Key offerings
  • 11.4 Del Monte Pacific Ltd.
    • Exhibit 66: Del Monte Pacific Ltd. - Overview
    • Exhibit 67: Del Monte Pacific Ltd. - Business segments
    • Exhibit 68: Del Monte Pacific Ltd. - Key news
    • Exhibit 69: Del Monte Pacific Ltd. - Key offerings
    • Exhibit 70: Del Monte Pacific Ltd. - Segment focus
  • 11.5 Eckes-Granini Group GmbH
    • Exhibit 71: Eckes-Granini Group GmbH - Overview
    • Exhibit 72: Eckes-Granini Group GmbH - Product and service
    • Exhibit 73: Eckes-Granini Group GmbH - Key offerings
  • 11.6 Keurig Dr Pepper Inc.
    • Exhibit 74: Keurig Dr Pepper Inc. - Overview
    • Exhibit 75: Keurig Dr Pepper Inc. - Business segments
    • Exhibit 76: Keurig Dr Pepper Inc. - Key news
    • Exhibit 77: Keurig Dr Pepper Inc. - Key offerings
    • Exhibit 78: Keurig Dr Pepper Inc. - Segment focus
  • 11.7 Nestle SA
    • Exhibit 79: Nestle SA - Overview
    • Exhibit 80: Nestle SA - Business segments
    • Exhibit 81: Nestle SA - Key news
    • Exhibit 82: Nestle SA - Key offerings
    • Exhibit 83: Nestle SA - Segment focus
  • 11.8 Ocean Spray Cranberries Inc.
    • Exhibit 84: Ocean Spray Cranberries Inc. - Overview
    • Exhibit 85: Ocean Spray Cranberries Inc. - Product and service
    • Exhibit 86: Ocean Spray Cranberries Inc. - Key news
    • Exhibit 87: Ocean Spray Cranberries Inc. - Key offerings
  • 11.9 PepsiCo Inc.
    • Exhibit 88: PepsiCo Inc. - Overview
    • Exhibit 89: PepsiCo Inc. - Business segments
    • Exhibit 90: PepsiCo Inc. - Key news
    • Exhibit 91: PepsiCo Inc. - Key offerings
    • Exhibit 92: PepsiCo Inc. - Segment focus
  • 11.10 Suntory Holdings Ltd.
    • Exhibit 93: Suntory Holdings Ltd. - Overview
    • Exhibit 94: Suntory Holdings Ltd. - Business segments
    • Exhibit 95: Suntory Holdings Ltd. - Key news
    • Exhibit 96: Suntory Holdings Ltd. - Key offerings
    • Exhibit 97: Suntory Holdings Ltd. - Segment focus
  • 11.11 The Coca-Cola Co.
    • Exhibit 98: The Coca-Cola Co. - Overview
    • Exhibit 99: The Coca-Cola Co. - Business segments
    • Exhibit 100: The Coca-Cola Co. - Key news
    • Exhibit 101: The Coca-Cola Co. - Key offerings
    • Exhibit 102: The Coca-Cola Co. - Segment focus
  • 11.12 Welch Foods Inc.
    • Exhibit 103: Welch Foods Inc. - Overview
    • Exhibit 104: Welch Foods Inc. - Product and service
    • Exhibit 105: Welch Foods Inc. - Key offerings

12 Appendix

  • 12.1 Scope of the report
  • 12.2 Currency conversion rates for US$
    • Exhibit 106: Currency conversion rates for US$
  • 12.3 Research methodology
    • Exhibit 107: Research Methodology
    • Exhibit 108: Validation techniques employed for market sizing
    • Exhibit 109: Information sources
  • 12.4 List of abbreviations
    • Exhibit 110: 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.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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