The juice is the extraction of the natural liquid contained in fruit and vegetables which is commonly consumed as a beverage or used as an ingredient or flavoring in foods or other beverages. Juices can be concentrated by reducing the water content. The global Juice concentrates market was valued at US$ XX Bn in 2019 and is expected to grow US$ XX Bn by 2027, at a CAGR of 6.01% during the forecast period. The report covers the various trends and growth factors to have an impact on the demand for this market has been considered within this report. More than fifteen company profile of manufacturers that are present within this market along with several strategic overviews has been covered here in this report. Also, the drivers, challenges along opportunities are described here within this report further giving a detailed review regarding the scope of this market in the present and future. Market attractiveness of several segments and sub-segments both globally and region-wise has also been covered in the report.
Global Juice Concentrates Market Dynamics:
The juice concentrates market is driven by the factors like growing demand for the convenience and packaged of bakery and food beverage products among the consumer globally. Also, increasing consumption of juices, thanks to their health benefits and nutritional value is expected to influence the juice concentrate market growth. Moreover, an increase in the demand for natural sweeteners in the food industry is driving the juice concentrate market.
Variations in eating patterns together with busy lifestyles have resulted in the growth of the global juice concentrates market. As well, it is the innovation in flavors and nutritional content along with growing investment by different multinational companies particularly in the beverage sector has also resulted in boosting the demand for the juice concentrates market. Besides this, is the increasing consciousness about health in developed and developing countries such as Sweden, Switzerland, Denmark, Norway, Finland, Canada, Australia, Japan, Netherlands, New Zealand have further pushed the market in demand in a positive way. Moreover, concentrate juice is convenient and cheaper substitute in the food industry because of which it is expected to generate untapped opportunities for the juice concentrate market.
On the other hand, the juice concentrates contain fructose within them and excess consumption of fructose causes harmful effects to the body thus hindering the market growth.
Global Juice Concentrates Market Segmentation Analysis:
The global juice concentrate market based on type has been segmented into fruit juice concentrate and vegetable juice concentrate. The fruit segment is further sub-segmented into Apple, Pineapple, Orange, Red grape, Berries, Other citrus fruits, and others (banana, mango, and pear). The vegetable segment is further sub-segmented into Carrot, Cucumber, Tomato, Onion garlic, and others (spinach, beetroot, and ginger). By ingredients, the market is divided into Single and Multi-fruit/vegetable concentrate. The market has been segmented based on the form that includes clear concentrate, frozen concentrate, and powdered concentrate. Based on application the market is fragmented into Beverage, Soups sauces, Dairy, Bakery confectionery, and others (baby food, dessert, and sweet savory snacks). Based on the distribution channel, this market has also been classified into online distribution channels and offline distribution channels.
The single fruit/vegetable concentrate segment held the largest market share in 2019.
Single fruit/vegetable juice concentrates are juices that are derived from a single fruit or a single vegetable. Single fruit concentrates are commonly consumed as sugar alternatives in several industries such as bakery, beverage, and food, which are expected to drive its demand in the future. Apple concentrates, grape concentrates, and pineapple concentrates are some of the generally used single fruit/vegetable juice concentrates.
Single fruit/vegetable concentrates are available in the form of juice, powder, clear, and frozen. In North America and Europe is more demand for single fruit/vegetable concentrate. Increasing health awareness among consumers is expected to drive the demand for single- and multi-fruit/vegetable juice concentrates in both regions.
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Global Juice Concentrates Market
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Global Juice Concentrates Market Regional Insight:
The country section of the Juice Concentrates market report delivers individual market impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market.
North America represented the world's largest fruit juice market with a share of nearly one-fourth of the global consumption. North America was followed by Western Europe, Asia-Pacific, and Eastern Europe.
The Europe is enjoying the leading position in the global juice market, thanks to representing 55% of the total world imports. Large importing and consuming markets such as Belgium, the Netherlands, France, Germany, and the United Kingdom continues to offer opportunities for exporters from emerging countries.
Asia-Pacific is expected to grow the highest CAGR of XX% during the forecast period (2020-2019)
Global Juice Concentrates Market1
The Asia-Pacific region is expected to grow at the highest CAGR of XX% during the forecast period (2020-2019). This is mainly because the region has a large market for juice concentrates and is constantly increasing due to economic growth, and high demand for convenience food beverages.
The objective of the report is to present a comprehensive analysis of the Global Juice Concentrates Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Juice Concentrates Market dynamics, structure by analyzing the market segments and project the Global Juice Concentrates Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Juice Concentrates Market make the report investor’s guide.
Scope of the Global Juice Concentrates Market: Inquire before buying
Global Juice Concentrates Market, By Type
• Fruit concentrates
o Red grape
o Other citrus fruits
o Others (banana, mango, and pear)
• Vegetable concentrates
o Onion garlic
o Others (spinach, beetroot, and ginger)
Global Juice Concentrates Market, By Ingredient
• Single fruit/vegetable concentrate
• Multi-fruit/vegetable concentrate
Global Juice Concentrates Market, By Form
• Clear Concentrate
• Powdered Concentrate
• Frozen Concentrate
Global Juice Concentrates Market, By Application
• Soups sauces
• Bakery confectionery
• Others (baby food, dessert, and sweet savory snacks)
Global Juice Concentrates Market, By Distribution Channel
Global Juice Concentrates Market, By Region
• North America
• Asia Pacific
• Middle East Africa
• South America
Key players operating in the Global Juice Concentrates Market
• Northwest Naturals, LLC.
• Kerr Concentrates Inc.
• Welch Foods Inc.
• Dohler GmbH
• SunOpta, Inc.
• Archer Daniels Midland Company
• Ingredion Incorporated
• Sudzucker AG
• AGRANA Investment Corp.
• SkyPeople Fruit Juice Inc.
• Diana Food
• SVZ International B.V.
• Kanegrade Limited
• The Ciatti Company
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